Eaton Vance Floating-Rate Income Plus Fund Report Of Earnings

EATON VANCE FLOATING-RATE INCOME PLUS FUND

SUMMARY OF RESULTS OF OPERATIONS

(in thousands, except per share amounts)

Three Months Ended

Period Ended

May 31,

May 31,*

2014

2014

Gross investment income

$                         2,999

$                       10,517

Operating expenses

(578)

(2,074)

Interest expense on VRTP**

(128)

(456)

Other interest expense

(173)

(571)

Net investment income

$                         2,120

$                         7,416

Net realized and unrealized gains (losses)

  on investments

$                           (410)

$                         3,779

Net increase (decrease) in net assets

  from operations

$                         1,710

$                       11,195

Earnings per Common Share Outstanding

Gross investment income

$                         0.394

$                         1.402

Operating expenses

(0.076)

(0.276)

Interest expense on VRTP**

(0.017)

(0.061)

Other interest expense

(0.076)

Net investment income 

$                         0.278

$                         0.989

Net realized and unrealized gains (losses)

  on investments

$                        (0.050)

$                         0.511

Net increase (decrease) in net assets

  from operations

$                         0.228

$                         1.500

Net Asset Value at May 31 (Common Shares)

Net assets  

$                     148,770

Shares outstanding 

7,606

Net asset value per share outstanding

$                         19.56

Market Value Summary (Common Shares)

Market price on NYSE at May 31

$                         17.95

High market price (period ended May 31)

$                         20.67

Low market price (period ended May 31)

$                         17.67

*For the period from the start of business, June 28, 2013, to May 31, 2014.

**On July 10, 2013, the Fund issued 360 Series C-1 Variable Rate Term Preferred Shares (VRTP Shares), with a par value of $36 million. The VRTP Shares are a form of preferred shares with a mandatory redemption date of July 8, 2016, unless extended. The VRTP Shares were issued to a commercial paper conduit sponsored by a large financial institution (the Conduit). Dividends on the VRTP Shares are determined each day based on a spread to the Conduit's current cost of funding and are included in interest expense.