Eaton Vance Closed-End Bank Loan Funds Declare Monthly Distributions

Tue May 6, 4:22 PM

BOSTON--(BUSINESS WIRE)--On May 6, 2008, Eaton Vance Management, the Boston-based investment adviser, announced the monthly distributions declared on the common shares of two of its closed-end bank loan funds (the “Funds”). The record date for the distributions is May 15, 2008, and the payable date is May 22, 2008. The ex-date is May 13, 2008. The distribution per share for each Fund is as follows:

Distribution

Fund

Per Share

Eaton Vance Floating-Rate Income Trust (NYSE: EFT)

$0.095

Eaton Vance Senior Floating-Rate Trust (NYSE: EFR)

$0.094

The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the common shares could change. At this time the Funds believe that a portion of their respective distribution may be comprised of a return of capital. Further information will be available prior to payment date at www.eatonvance.com/closed_end/tax_info.php. The final determination of tax characteristics of each Fund’s distributions will occur after the end of the year, at which time it will be reported to the shareholders.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had $150.9 billion in assets under management as of March 31, 2008. Eaton Vance will make available periodic summary information regarding the Funds’ portfolio investments. Those interested should call Eaton Vance Management at 800-262-1122.

Eaton Vance Closed-End Bank Loan Funds
Investor Contact: 800-262-1122