EVF Affiliate Morgan Stanley Redeems 94 Preferred Shares

What Happened

• Morgan Stanley (an investment-adviser affiliate and former 10% owner of the issuer) reported a disposition on Sep 15, 2026: 94 auction-rate preferred shares of Eaton Vance Senior Income Trust (EVF) were redeemed by the issuer. The shares were redeemed at the securities’ liquidation preference (about $25,008–$25,012 per share), resulting in proceeds of roughly $2.35 million. This was a mandatory redemption by the issuer—not a market sale by the reporting person.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-17 (timely filing).
• Price per share: redeemed at liquidation preference — Series A at $25,012.175 and Series B at $25,008.161111 (slight differences due to accrued dividends).
• Shares disposed: 94 preferred shares; total proceeds ≈ $2.35M.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — the reported preferred shares combine multiple series treated as one class; F2 — disposal was a mandatory redemption at liquidation preference.
• Transaction code: J (other acquisition/disposition) — here, a mandatory issuer redemption.

Context

• This was a redemption of auction-rate preferred securities by the issuer, not an economic signal from an executive or director. The reporting party is an institutional affiliate of the fund’s adviser (and a former 10% owner), so this transaction reflects the issuer’s action (redemption terms and accrued dividends) rather than discretionary insider selling.