Eaton Vance Senior Floating-Rate Trust board exempts Control Share Acquisitions after court ruling

Eaton Vance Senior Floating-Rate Trust

Board voted Jan 26 to exempt all prior and new Fund share purchases from Control Share By-Law provisions, effective immediately until further notice.
Mass. Superior Court ruled Jan 23 that the by-law violates Section 18(i) of the Investment Company Act; litigation with Saba Capital continues.
Exemption applies to all 23 Eaton Vance closed-end funds listed in the press release; Board will monitor legal developments.
Court had found Trustees had a legitimate business reason for adopting the by-law but granted rescission on the challenged provision.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.