false 0001070732 424B3 0001070732 2022-08-25 2022-08-25 0001070732 2024-06-30 0001070732 2023-06-30 0001070732 2022-06-30 0001070732 2021-06-30 0001070732 2020-06-30 0001070732 2023-07-01 2024-06-30 0001070732 2022-07-01 2023-06-30 0001070732 2021-07-01 2022-06-30 0001070732 2020-07-01 2021-06-30 0001070732 2019-07-01 2020-06-30 0001070732 2019-06-30 0001070732 2018-06-30 0001070732 2017-06-30 0001070732 2016-06-30 0001070732 2015-06-30 0001070732 2018-07-01 2019-06-30 0001070732 2017-07-01 2018-06-30 0001070732 2016-07-01 2017-06-30 0001070732 2015-07-01 2016-06-30 0001070732 2014-07-01 2015-06-30 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure

Filed pursuant to Rule 424(b)(3)
File No. 333-263033

EATON VANCE SENIOR INCOME TRUST
Supplement to Prospectus dated August 25, 2022

The following replaces the Financial Highlights contained in the Prospectus:

Selected data for a Common Share outstanding during the periods stated.

   Year Ended June 30, 
   2024   2023   2022   2021   2020 
Net asset value – Beginning of year (Common shares)  $6.11   $6.06   $6.90   $6.20   $7.05 
Income (Loss) From Operations                         
Net investment income(1)  $0.79   $0.67   $0.36   $0.41   $0.40 
Net realized and unrealized gain (loss)   0.09    0.04    (0.87)   0.70    (0.82)

Distributions to preferred shareholders – From net investment income(1)

   (0.15)   (0.10)   (0.01)   (0.00)(2)   (0.02)
Total income (loss) from operations  $0.73   $0.61   $(0.52)  $1.11   $(0.44)
Less Distributions to Common Shareholders                         
From net investment income  $(0.68)  $(0.56)  $(0.37)  $(0.41)  $(0.41)
Tax return of capital   (0.02)   —    (0.02)   —    — 
Total distributions to common shareholders  $(0.70)  $(0.56)  $(0.39)  $(0.41)  $(0.41)
Premium from common shares sold through shelf offering(1)  $0.01   $—   $—   $—   $— 
Discount on tender offer(1)  $0.01   $—   $0.07   $—   $— 
Net asset value – End of year (Common shares)  $6.16   $6.11   $6.06   $6.90   $6.20 
Market value – End of year (Common shares)  $6.34   $5.46   $5.46   $6.80   $5.33 
Total Investment Return on Net Asset Value(3)   13.22%   11.71%   (6.68)%(4)   18.65%   (5.64)%
Total Investment Return on Market Value(3)   30.40%   10.80%   (14.68)%   36.01%   (8.20)%
Ratios/Supplemental Data                         
Net assets applicable to common shares, end of year (000’s omitted)  $107,136   $107,079   $106,208   $261,425   $234,657 
Ratios (as a percentage of average daily net assets applicable to common shares)(5)†                         
Expenses excluding interest and fees   2.00%(6)   1.99%(6)   1.91%   1.96%   1.73%
Interest and fee expense(7)   1.21%   1.05%   0.47%   0.57%   1.19%
Total expenses   3.21%(6)   3.04%(6)   2.38%   2.53%   2.92%
Net investment income   12.72%   11.15%   5.31%   6.08%   5.93%
Portfolio Turnover   34%   27%   43%   40%   57%
Senior Securities:                         
Total notes payable outstanding (in 000’s)  $12,000   $20,000   $26,000   $103,000   $95,000 
Asset coverage per $1,000 of notes payable(8)  $13,064   $8,235   $6,531   $3,903   $3,866 
Total preferred shares outstanding   1,504    1,504    1,504    1,504    1,504 
Asset coverage per preferred share(9)  $79,014   $71,481   $66,752   $71,484   $69,242 
Involuntary liquidation preference per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
Approximate market value per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 

(See related footnotes.)

 

 

Financial Highlights (continued)
   Year Ended June 30, 
   2019   2018   2017   2016   2015 
Net asset value – Beginning of year (Common shares)  $7.18   $7.15   $6.65   $7.02   $7.34 
Income (Loss) From Operations                         
Net investment income(1)  $0.41   $0.38   $0.40   $0.42   $0.40 
Net realized and unrealized gain (loss)   (0.17)   0.04    0.44    (0.37)   (0.32)

Distributions to preferred shareholders – From net investment income(1)

   (0.03)   (0.03)   (0.01)   (0.01)   (0.00)(2)
Discount on redemption and repurchase of auction preferred shares(1)   0.05    —    0.06    —    — 
Total income from operations  $0.26   $0.39   $0.89   $0.04   $0.08 
Less Distributions to Common Shareholders                         
From net investment income  $(0.39)  $(0.36)  $(0.39)  $(0.41)  $(0.40)
Total distributions to common shareholders  $(0.39)  $(0.36)  $(0.39)  $(0.41)  $(0.40)
Net asset value – End of year (Common shares)  $7.05   $7.18   $7.15   $6.65   $7.02 
Market value – End of year (Common shares)  $6.23   $6.38   $6.65   $6.01   $6.21 
Total Investment Return on Net Asset Value(3)   4.46%(11)   6.12%   14.02%(12)   1.57%   1.71%
Total Investment Return on Market Value(3)   3.88%   1.39%   17.34%   3.77%   (3.02)%
Ratios/Supplemental Data                         
Net assets applicable to common shares, end of year (000’s omitted)  $266,926   $272,016   $270,810   $251,789   $266,009 
Ratios (as a percentage of average daily net assets applicable to common shares)(5)†                         
Expenses excluding interest and fees(13)   1.73%   1.82%   1.87%   1.96%   1.99%
Interest and fee expense(7)   1.40%   0.83%   0.52%   0.28%   0.28%
Total expenses(13)   3.13%   2.65%   2.39%   2.24%   2.27%
Net investment income   5.74%   5.36%   5.75%   6.38%   5.61%
Portfolio Turnover   26%   34%   42%   31%   33%
Senior Securities:                         
Total notes payable outstanding (in 000’s)  $103,000   $93,000   $92,000   $25,000   $60,000 
Asset coverage per $1,000 of notes payable(8)  $3,957   $4,587   $4,613   $15,472   $7,267 
Total preferred shares outstanding   1,504    2,464    2,464    4,400    4,400 
Asset coverage per preferred share(9)  $72,464   $68,989   $69,078   $71,629   $64,119 
Involuntary liquidation preference per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
Approximate market value per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 

(See related footnotes.)

 

 
(1)Computed using average common shares outstanding.
(2)Amount is less than $(0.005).
(3)Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Trust’s dividend reinvestment plan.
(4)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its common shares at 99% of the Trust’s net asset value per common share. Absent this transaction, the total return based on net asset value would have been (7.90)%.
(5)Ratios do not reflect the effect of dividend payments to preferred shareholders.
(6)Includes a reduction by the investment adviser of a portion of its adviser fee due to the Trust’s investment in the Liquidity Fund (equal to less than 0.01% and less than 0.005% of average daily net assets for the years ended June 30, 2024 and 2023, respectively).
(7)Interest and fee expense relates to the notes payable to partially redeem the Trust’s Auction Preferred Shares and/or to fund investments.
(8)Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, and dividing the result by the notes payable balance in thousands.
(9)Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, dividing the result by the sum of the value of the notes payable and liquidation value of the preferred shares, and multiplying the result by the liquidation value of one preferred share.
(10)Plus accumulated and unpaid dividends.
(11)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its Auction Preferred Shares at 92% of the per share liquidation preference. Absent this transaction, the total return based on net asset value would have been 3.71%.
(12)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its Auction Preferred Shares at 95% of the per share liquidation preference. Absent this transaction, the total return based on net asset value would have been 13.00%.
(13)Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian.
†Ratios based on net assets applicable to common shares plus preferred shares and borrowings are presented below. Ratios do not reflect the effect of dividend payments to preferred shareholders and exclude the effect of custody fee credits, if any.

  Year Ended June 30,
  2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Expenses excluding interest and fees 1.30% 1.29% 1.28% 1.25% 1.11% 1.12% 1.17% 1.21% 1.21% 1.21%
Interest and fee expense 0.78% 0.68% 0.32% 0.36% 0.76% 0.91% 0.54% 0.34% 0.17% 0.17%
Total expenses 2.08% 1.97% 1.60% 1.61% 1.87% 2.03% 1.71% 1.55% 1.38% 1.38%
Net investment income 8.23% 7.23% 3.57% 3.87% 3.81% 3.73% 3.46% 3.72% 3.93% 3.42%

September 11, 2024

 

v3.24.2.u1
N-2 - USD ($)
 12 Months Ended
Aug. 25, 2022
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2015
Cover [Abstract]                      
Entity Central Index Key 0001070732                    
Amendment Flag false                    
Document Type 424B3                    
Entity Registrant Name EATON VANCE SENIOR INCOME TRUST                    
Financial Highlights [Abstract]                      
Senior Securities [Table Text Block]

Selected data for a Common Share outstanding during the periods stated.

   Year Ended June 30, 
   2024   2023   2022   2021   2020 
Net asset value – Beginning of year (Common shares)  $6.11   $6.06   $6.90   $6.20   $7.05 
Income (Loss) From Operations                         
Net investment income(1)  $0.79   $0.67   $0.36   $0.41   $0.40 
Net realized and unrealized gain (loss)   0.09    0.04    (0.87)   0.70    (0.82)

Distributions to preferred shareholders – From net investment income(1)

   (0.15)   (0.10)   (0.01)   (0.00)(2)   (0.02)
Total income (loss) from operations  $0.73   $0.61   $(0.52)  $1.11   $(0.44)
Less Distributions to Common Shareholders                         
From net investment income  $(0.68)  $(0.56)  $(0.37)  $(0.41)  $(0.41)
Tax return of capital   (0.02)   —    (0.02)   —    — 
Total distributions to common shareholders  $(0.70)  $(0.56)  $(0.39)  $(0.41)  $(0.41)
Premium from common shares sold through shelf offering(1)  $0.01   $—   $—   $—   $— 
Discount on tender offer(1)  $0.01   $—   $0.07   $—   $— 
Net asset value – End of year (Common shares)  $6.16   $6.11   $6.06   $6.90   $6.20 
Market value – End of year (Common shares)  $6.34   $5.46   $5.46   $6.80   $5.33 
Total Investment Return on Net Asset Value(3)   13.22%   11.71%   (6.68)%(4)   18.65%   (5.64)%
Total Investment Return on Market Value(3)   30.40%   10.80%   (14.68)%   36.01%   (8.20)%
Ratios/Supplemental Data                         
Net assets applicable to common shares, end of year (000’s omitted)  $107,136   $107,079   $106,208   $261,425   $234,657 
Ratios (as a percentage of average daily net assets applicable to common shares)(5)†                         
Expenses excluding interest and fees   2.00%(6)   1.99%(6)   1.91%   1.96%   1.73%
Interest and fee expense(7)   1.21%   1.05%   0.47%   0.57%   1.19%
Total expenses   3.21%(6)   3.04%(6)   2.38%   2.53%   2.92%
Net investment income   12.72%   11.15%   5.31%   6.08%   5.93%
Portfolio Turnover   34%   27%   43%   40%   57%
Senior Securities:                         
Total notes payable outstanding (in 000’s)  $12,000   $20,000   $26,000   $103,000   $95,000 
Asset coverage per $1,000 of notes payable(8)  $13,064   $8,235   $6,531   $3,903   $3,866 
Total preferred shares outstanding   1,504    1,504    1,504    1,504    1,504 
Asset coverage per preferred share(9)  $79,014   $71,481   $66,752   $71,484   $69,242 
Involuntary liquidation preference per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
Approximate market value per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
   Year Ended June 30, 
   2019   2018   2017   2016   2015 
Net asset value – Beginning of year (Common shares)  $7.18   $7.15   $6.65   $7.02   $7.34 
Income (Loss) From Operations                         
Net investment income(1)  $0.41   $0.38   $0.40   $0.42   $0.40 
Net realized and unrealized gain (loss)   (0.17)   0.04    0.44    (0.37)   (0.32)

Distributions to preferred shareholders – From net investment income(1)

   (0.03)   (0.03)   (0.01)   (0.01)   (0.00)(2)
Discount on redemption and repurchase of auction preferred shares(1)   0.05    —    0.06    —    — 
Total income from operations  $0.26   $0.39   $0.89   $0.04   $0.08 
Less Distributions to Common Shareholders                         
From net investment income  $(0.39)  $(0.36)  $(0.39)  $(0.41)  $(0.40)
Total distributions to common shareholders  $(0.39)  $(0.36)  $(0.39)  $(0.41)  $(0.40)
Net asset value – End of year (Common shares)  $7.05   $7.18   $7.15   $6.65   $7.02 
Market value – End of year (Common shares)  $6.23   $6.38   $6.65   $6.01   $6.21 
Total Investment Return on Net Asset Value(3)   4.46%(11)   6.12%   14.02%(12)   1.57%   1.71%
Total Investment Return on Market Value(3)   3.88%   1.39%   17.34%   3.77%   (3.02)%
Ratios/Supplemental Data                         
Net assets applicable to common shares, end of year (000’s omitted)  $266,926   $272,016   $270,810   $251,789   $266,009 
Ratios (as a percentage of average daily net assets applicable to common shares)(5)†                         
Expenses excluding interest and fees(13)   1.73%   1.82%   1.87%   1.96%   1.99%
Interest and fee expense(7)   1.40%   0.83%   0.52%   0.28%   0.28%
Total expenses(13)   3.13%   2.65%   2.39%   2.24%   2.27%
Net investment income   5.74%   5.36%   5.75%   6.38%   5.61%
Portfolio Turnover   26%   34%   42%   31%   33%
Senior Securities:                         
Total notes payable outstanding (in 000’s)  $103,000   $93,000   $92,000   $25,000   $60,000 
Asset coverage per $1,000 of notes payable(8)  $3,957   $4,587   $4,613   $15,472   $7,267 
Total preferred shares outstanding   1,504    2,464    2,464    4,400    4,400 
Asset coverage per preferred share(9)  $72,464   $68,989   $69,078   $71,629   $64,119 
Involuntary liquidation preference per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
Approximate market value per preferred share(10)  $25,000   $25,000   $25,000   $25,000   $25,000 
(1)Computed using average common shares outstanding.
(2)Amount is less than $(0.005).
(3)Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Trust’s dividend reinvestment plan.
(4)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its common shares at 99% of the Trust’s net asset value per common share. Absent this transaction, the total return based on net asset value would have been (7.90)%.
(5)Ratios do not reflect the effect of dividend payments to preferred shareholders.
(6)Includes a reduction by the investment adviser of a portion of its adviser fee due to the Trust’s investment in the Liquidity Fund (equal to less than 0.01% and less than 0.005% of average daily net assets for the years ended June 30, 2024 and 2023, respectively).
(7)Interest and fee expense relates to the notes payable to partially redeem the Trust’s Auction Preferred Shares and/or to fund investments.
(8)Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, and dividing the result by the notes payable balance in thousands.
(9)Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, dividing the result by the sum of the value of the notes payable and liquidation value of the preferred shares, and multiplying the result by the liquidation value of one preferred share.
(10)Plus accumulated and unpaid dividends.
(11)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its Auction Preferred Shares at 92% of the per share liquidation preference. Absent this transaction, the total return based on net asset value would have been 3.71%.
(12)The total return based on net asset value reflects the impact of the tender and repurchase by the Trust of a portion of its Auction Preferred Shares at 95% of the per share liquidation preference. Absent this transaction, the total return based on net asset value would have been 13.00%.
(13)Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian.
†Ratios based on net assets applicable to common shares plus preferred shares and borrowings are presented below. Ratios do not reflect the effect of dividend payments to preferred shareholders and exclude the effect of custody fee credits, if any.
                    
Senior Securities Amount   $ 12,000 $ 20,000 $ 26,000 $ 103,000 $ 95,000 $ 103,000 $ 93,000 $ 92,000 $ 25,000 $ 60,000
Senior Securities Coverage per Unit [1]   $ 13,064 $ 8,235 $ 6,531 $ 3,903 $ 3,866 $ 3,957 $ 4,587 $ 4,613 $ 15,472 $ 7,267
Preferred Stock Liquidating Preference [2]   25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000 25,000
Senior Securities Average Market Value per Unit [2]   $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000 $ 25,000
[1] Calculated by subtracting the Trust’s total liabilities (not including the notes payable and preferred shares) from the Trust’s total assets, and dividing the result by the notes payable balance in thousands.
[2] Plus accumulated and unpaid dividends.
Eaton Vance Senior Income (NYSE:EVF)
Gráfico Histórico do Ativo
De Out 2024 até Nov 2024 Click aqui para mais gráficos Eaton Vance Senior Income.
Eaton Vance Senior Income (NYSE:EVF)
Gráfico Histórico do Ativo
De Nov 2023 até Nov 2024 Click aqui para mais gráficos Eaton Vance Senior Income.