Eaton Vance Senior Income Trust (EVF): Attractive Discounted Valuation, but Limited Appeal Amid Declining Rates
AI Summary1 min read
TL;DR
Eaton Vance Senior Income Trust (EVF) offers a discounted valuation but has limited appeal with declining interest rates. Its floating rate securities portfolio is better suited for rising rate environments.
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Eaton Vance Senior Income TrustEVFfloating rate securitiesinterest ratesdiscounted valuation
Eaton Vance Senior Income Trust (EVF) has a discounted valuation but limited appeal as interest rates decline. Its portfolio is primarily composed of floating rate securities, which should perform well in a rising rate environment. However, as interest rates decline, the trust's appeal may decrease.
