BOSTON, Jan. 15, 2021 /PRNewswire/ -- In connection
with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by
Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of Eaton Vance
Floating-Rate Income Trust (NYSE: EFT), Eaton Vance New York
Municipal Income Trust (NYSE American: EVY), Eaton Vance Senior
Floating-Rate Trust (NYSE: EFR) and Eaton Vance Senior Income Trust
(NYSE: EVF) (each, a "Fund" and, collectively, the "Funds") were
asked to approve new investment advisory agreements for the Funds
at a joint special meeting of shareholders held on January 12, 2021 (the "Meeting").
The Meeting of EFT, EVY and EFR (the "Adjourned Funds") was
adjourned to February 5, 2021 at
11:30 a.m. Eastern Time in order to
allow more time for shareholders to vote. For the Adjourned
Funds, the record date for the Meeting remains unchanged, and is
fixed as of the close of business on October
29, 2020. Shareholders of the Adjourned Funds who have
already voted do not need to take further action.
If, as of October 29, 2020, you
were a holder of record of an Adjourned Fund's shares (i.e.,
you held Fund shares in your own name directly with the Fund) and
you wish to participate in and vote at the adjourned Meeting, you
must email your full name and address to AST Fund Solutions, LLC
("AST") at attendameeting@astfinancial.com. You will then be
provided with credentials to participate in the Meeting. You
will be able to vote at the Meeting by entering the control number
found on the WHITE proxy card you previously received.
Requests to participate in and vote at the Meeting must be received
by AST by no later than 3:00 p.m. Eastern
Time on February 4, 2021.
If, as of October 29, 2020, you
held an Adjourned Fund's shares through an intermediary (such as a
broker-dealer) and you wish to participate in and vote at the
adjourned Meeting, you will need to obtain a legal proxy from your
intermediary reflecting the Fund's name, the number of Fund shares
held and your name and email address. You may forward an
email from your intermediary containing the legal proxy or attach
an image of the legal proxy to an email and send it to AST at
attendameeting@astfinancial.com with "Legal Proxy" in the subject
line. You will then be provided with credentials to
participate in the Meeting, as well as a unique control number to
vote your shares at the Meeting. If you would like to
participate in but NOT vote at the Meeting, please send an email to
AST at attendameeting@astfinancial.com with proof of ownership of
Fund shares. A statement, letter or the Vote Instruction Form
from your intermediary will be sufficient proof of ownership.
You will then be provided with credentials to participate in the
Meeting. All requests to participate in the Meeting must be
received by AST by no later than 3:00 p.m.
Eastern Time on February 4,
2021.
Whether or not you plan to participate in the Meeting, the Funds
urge you to submit your vote on the WHITE proxy card in
advance of the Meeting by one of the methods described in the
Funds' proxy materials. The Funds' proxy statement is available
online at
https://funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php.
Please contact AST at attendameeting@astfinancial.com with any
questions regarding access to the Meeting and an AST representative
will contact you to answer your questions.
Shareholders of EVF voted at the Meeting not to approve the new
investment advisory agreement for EVF. The Board of Trustees
of EVF will consider what additional actions to take with respect
to EVF.
The final vote tabulations, as certified by the independent
inspector, First Coast Results, Inc., will be published in each
Fund's next report to shareholders.
About Eaton Vance Corp.
The Funds' investment adviser is Eaton Vance Management, a
subsidiary of Eaton Vance Corp. ("Eaton Vance"). Eaton Vance
provides advanced investment strategies and wealth management
solutions to forward-thinking investors around the world. Through
principal investment affiliates Eaton Vance Management, Parametric,
Atlanta Capital, Calvert and Hexavest, the Company offers a
diversity of investment approaches, encompassing bottom-up and
top-down fundamental active management, responsible investing,
systematic investing and customized implementation of
client-specified portfolio exposures. As of December 31, 2020, Eaton Vance had consolidated
assets under management of $583.1
billion. For more information, visit eatonvance.com.
Shares of closed-end funds often trade at a discount from their
net asset value. The market price of Fund shares may vary from net
asset value based on factors affecting the supply and demand for
shares, such as Fund distribution rates relative to similar
investments, investors' expectations for future distribution
changes, the clarity of a Fund's investment strategy and future
return expectations, and investors' confidence in the underlying
markets in which the Fund invests. Fund shares are subject to
investment risk, including possible loss of principal invested.
Each Fund is not a complete investment program and you may lose
money investing therein. An investment in a Fund may not be
appropriate for all investors. Before investing, prospective
investors should consider carefully a Fund's investment objective,
strategies, risks, charges and expenses.
This press release is for informational purposes only and is
not intended to, and does not, constitute an offer to purchase or
sell shares of a Fund. Additional information about the Funds,
including performance and portfolio characteristic information, is
available at www.eatonvance.com.
Statements in this press release that are not historical
facts are forward-looking statements as defined by the U.S.
securities laws. You should exercise caution in interpreting and
relying on forward-looking statements because they are subject to
uncertainties and other factors that may be beyond a Fund's control
and could cause actual results to differ materially from those set
forth in the forward-looking statements.
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SOURCE Eaton Vance Management