Eaton Vance Senior Income Trust Report of Earnings

BOSTON, Nov. 19, 2010 /PRNewswire-FirstCall/ -- Eaton Vance Senior Income Trust (NYSE: EVF) (the "Trust"), a closed-end management investment company, today announced the earnings of the Trust for the three months ended September 30, 2010. The Trust's fiscal year ends on June 30, 2011.

For the three months ended September 30, 2010, the Trust had net investment income of $3,893,487 ($0.106 per common share). From this amount, the Trust paid dividends on preferred shares of $63,077 (equal to $0.002 for each common share), resulting in net investment income after the preferred dividends of $3,830,410 or $0.104 per common share. In comparison, for the three months ended September 30, 2009, the Trust had net investment income of $3,430,249 ($0.094 per common share). From this amount, the Trust paid dividends on preferred shares of $60,739 (equal to $0.002 for each common share), resulting in net investment income after the preferred dividends of $3,369,510 or $0.092 per common share.  

Net realized and unrealized gains for the three months ended September 30, 2010 were $7,707,291 ($0.210 per common share). In comparison, net realized and unrealized gains for the three months ended September 30, 2009 were $29,320,787 ($0.802 per common share).

On September 30, 2010, net assets of the Trust applicable to common shares were $253,609,457. The net asset value per common share on September 30, 2010 was $6.92 based on 36,634,011 common shares outstanding. In comparison, on September 30, 2009, net assets of the Trust applicable to common shares were $230,059,599. The net asset value per common share on September 30, 2009 was $6.30 based on 36,540,034 common shares outstanding.

The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $180.7 billion in assets as of September 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management

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