UBS Group AG 4
4 · Eaton Vance Senior Floating-Rate Trust · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
EFR 10% Owner UBS Group AG Disposes $48.3M in Shares
What Happened
UBS Group AG (reported as a 10% owner) disposed of 1,973 shares of Eaton Vance Senior Floating‑Rate Trust (EFR) on 2026-05-29. The transaction is reported as an "Other acquisition or disposition (J)" at $24,500.00 per share, for total proceeds of $48,338,500. The filing was submitted the same day (Period of Report and Filed date: 2026-05-29).
Key Details
- Transaction date and filing date: 2026-05-29
- Transaction type/code: Other disposition (J) — reported as a disposal
- Price and amount: 1,973 shares × $24,500.00 = $48,338,500
- Shares owned after transaction: Not specified in the excerpt; holdings are reported on an aggregated basis per footnote F3
- Notable footnotes:
- F1 lists relevant CUSIPs for the series involved (27828Q204, 27828Q303, 27828Q402, 27828Q501)
- F2 notes "98% of par" (pricing/detail related to the instrument)
- F3 indicates holdings are reported aggregated across the series of Auction Preferred Stock identified in the filing
- F4 clarifies the statement is filed by UBS Group AG on behalf of its subsidiaries (UBS Securities LLC and UBS Financial Services Inc.) and relates to Auction Rate Securities Rights and securities purchased from certain clients
Context
This is an institutional transaction by a 10% owner (UBS Group AG) and not executive insider trading. The securities involve series of auction preferred stock (per footnotes), and the disposal was executed under an "other" code (J), which covers non-standard acquisition/disposition types rather than a routine open‑market sale code. The filing appears timely (same‑day reporting).
Insider Transaction Report
- Other
Auction Preferred Stock
[F1][F2][F3][F4]2026-05-29$24500.00/sh−1,973$48,338,500→ 0 total(indirect: By subsidiary)
Footnotes (4)
- [F1]CUSIP Nos. 27828Q204, 27828Q303, 27828Q402, 27828Q501
- [F2]98% of par
- [F3]This filing reports holdings of the Series of Auction Preferred Stock identified in Item 1 of this Table I on an aggregated basis.
- [F4]This Statement is filed jointly by UBS Group AG for the benefit and on behalf of UBS Securities LLC and UBS Financial Services Inc., two wholly owned subsidiaries of UBS Group AG to which UBS Group AG has delegated portions of its performance obligations with respect to the Auction Rate Securities Rights issued by UBS Group AG to certain clients and pursuant to which the securities reported herein have been purchased from such clients.