Ownership Change: Ubs Group Ag Just Opened Huge Eaton Vance Senior Income Trust Position

Ownership Change: Ubs Group Ag Just Opened Huge Eaton Vance Senior Income Trust Position

The New Ubs Group Ag Holding in Eaton Vance Senior Income Trust

Ubs Group Ag filed with the SEC SC 13G/A form for Eaton Vance Senior Income Trust. The form can be accessed here: 000119312516729002. As reported in Ubs Group Ag’s form, the filler as of late owns 41.48% or 1,022 shares of the Finance–company.

Eaton Vance Senior Income Trust stake is a new one for the and it was filed because of activity on September28, 2016. We feel this shows Ubs Group Ag’s positive view for the stock.

Eaton Vance Senior Income Trust Institutional Sentiment

Latest Security and Exchange filings show 47 investors own Eaton Vance Senior Income Trust. The institutional ownership in Q3 2015 is low, at 30.92% of the outstanding shares. This is decreased by 236332 the total institutional shares. 11943756 were the shares owned by these institutional investors. In total 4 funds opened new Eaton Vance Senior Income Trust stakes, 10 increased stakes. There were 3 that closed positions and 19 reduced them.

Newgate Capital Management Llc is an institutional investor bullish on Eaton Vance Senior Income Trust, owning 117675 shares as of Q3 2015 for 0.51% of its portfolio. Symphony Asset Management Llc owns 968586 shares or 0.69% of its portfolio. PA Gardner Russo & Gardner Llc have 0.01% of their stock portfolio for 282100 shares. Further, Caxton Corp reported stake worth 0.42% of its US stock portfolio. The OH Camelot Portfolios Llc owns 10000 shares. Eaton Vance Senior Income Trust is 0.04% of the manager’s US portfolio.

Business Profile

Eaton Vance Senior Income Trust (the Trust) is a diversified closed-end management investment company. The Trust’s investment objective is to provide a high level of current income, consistent with the preservation of capital, by investing primarily in senior, secured floating-rate loans. The Trust invests in various sectors, including healthcare, electronics/electrical, business equipment and services, retailers (except food and drug), chemicals and plastics, food products, oil and gas, financial intermediaries, aerospace and defense, automotive, cable and satellite television, containers and glass products, utilities, lodging and casinos, and leisure goods/activities/movies. The Trust’s portfolio of investments include floating-rate loans, corporate bonds and notes, and asset-backed securities. Eaton Vance Management is the investment advisor of the Trust.

SEC Form 13G is required when the filer owns between (5% and 20%) of a company and plans to hold it only as a passive investor. In case the filler intend to exert control and the stake’s exceeds 20%, then 13D Form must be filed. These filings can NOT be a precursor to “change of control” events such as hostile takeovers, company breakups or others.

Insitutional Activity: The institutional sentiment decreased to 0.91 in Q2 2016. Its down 0.46, from 1.37 in 2016Q1. The ratio turned negative, as 9 funds sold all Eaton Vance Senior Income Trust shares owned while 14 reduced positions. 5 funds bought stakes while 16 increased positions. They now own 12.52 million shares or 3.49% less from 12.97 million shares in 2016Q1.

Morgan Stanley has invested 0% of its portfolio in Eaton Vance Senior Income Trust (NYSE:EVF). Hilltop holds 0.14% of its portfolio in Eaton Vance Senior Income Trust (NYSE:EVF) for 71,840 shares. Tfs Cap Limited Com reported 13,740 shares or 0.02% of all its holdings. Lpl Fin Ltd Llc last reported 0% of its portfolio in the stock. The North Carolina-based National Bank & Trust Of America De has invested 0% in Eaton Vance Senior Income Trust (NYSE:EVF). Rivernorth Mngmt Ltd reported 1.02 million shares or 0.4% of all its holdings. Doliver Advisors has invested 0.07% of its portfolio in Eaton Vance Senior Income Trust (NYSE:EVF). Royal Bank Of Canada holds 0% or 11,745 shares in its portfolio. Wealthtrust Axiom Ltd Liability Company holds 33,265 shares or 0.08% of its portfolio. Cambridge Invest Advsrs Inc holds 0.01% of its portfolio in Eaton Vance Senior Income Trust (NYSE:EVF) for 84,680 shares. Susquehanna International Grp Incorporated Llp accumulated 0% or 10,803 shares. Mariner Invest Group Incorporated Ltd holds 830,039 shares or 1.69% of its portfolio. Cetera Lc holds 0.01% or 14,500 shares in its portfolio. The Colorado-based Advsr Asset Management has invested 0.04% in Eaton Vance Senior Income Trust (NYSE:EVF). Symphony Asset Management Ltd Limited Liability Company has 968,586 shares for 0.65% of their US portfolio.

About 38,572 shares traded hands. Eaton Vance Senior Income Trust (NYSE:EVF) has risen 20.37% since February 29, 2016 and is uptrending. It has outperformed by 8.16% the S&P500.

Eaton Vance Senior Income Trust is a diversified closed-end management investment company. The company has a market cap of $250.74 million. The Trust’s investment objective is to provide a high level of current income, consistent with the preservation of capital, by investing primarily in senior, secured floating-rate loans. It currently has negative earnings. The Trust invests in various sectors, including healthcare, electronics/electrical, business equipment and services, retailers (except food and drug), chemicals and plastics, food products, gas and oil, financial intermediaries, aerospace and defense, automotive, cable and satellite television, containers and glass products, utilities, lodging and casinos, and leisure goods/activities/movies.

More notable recent Eaton Vance Senior Income Trust (NYSE:EVF) news were published by: Prnewswire.com which released: “Eaton Vance Bank Loan Closed-End Funds Announce Final Results Of Auction …” on September 23, 2016, also Prnewswire.com with their article: “Updated: Eaton Vance Closed-End Fund Data Now Available On Website” published on August 07, 2015, Prnewswire.com published: “Eaton Vance Management Announces Retirement of Thomas M. Metzold, CFA …” on June 17, 2015. More interesting news about Eaton Vance Senior Income Trust (NYSE:EVF) were released by: Prnewswire.com and their article: “Eaton Vance Municipal Income Closed-End Funds Announce Tender Offers For …” published on October 05, 2015 as well as Prnewswire.com‘s news article titled: “Eaton Vance High Income 2021 Target Term Trust (NYSE: EHT) Raises $190 Million …” with publication date: May 26, 2016.

EVF Company Profile

Eaton Vance Senior Income Trust (the Fund) is a closed-end management investment company. The Fund’s investment objective is to provide a high level of current income, consistent with preservation of capital, by investing primarily in senior loans. The Fund also employs leverage through the issuance of preferred shares and participation in a commercial paper program. The Company’s portfolio includes corporate bonds and notes, short-term investments, closed-end investment companies and other investments.

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