BOSTON, Feb. 16, 2021 /PRNewswire/ -- In connection
with the proposed acquisition of Eaton Vance Corp. (NYSE: EV) by
Morgan Stanley (NYSE: MS) announced on October 8, 2020, shareholders of Eaton Vance
Floating-Rate Income Trust (NYSE: EFT), Eaton Vance New York
Municipal Income Trust (NYSE American: EVY) and Eaton Vance Senior
Floating-Rate Trust (NYSE: EFR) (each, a "Fund" and, collectively,
the "Funds") were asked to approve new investment advisory
agreements for the Funds at a joint special meeting of shareholders
held on February 5, 2021 (the
"Meeting").
The Meeting for each Fund was adjourned to February 26, 2021 at 3:00
p.m. Eastern Time in order to allow more time for
shareholders to vote. The October 29,
2020 record date for shareholders entitled to vote at the
Meeting remains unchanged. Fund shareholders who have already
voted do not need to take further action.
If you are entitled to vote but have not yet voted, whether or
not you plan to participate in the adjourned Meeting, the Funds
urge you to submit your vote on the WHITE proxy card in
advance of the adjourned Meeting by one of the methods described in
the Funds' proxy materials. The Funds' proxy statement is available
online at
https://funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php.
If, as of October 29, 2020, you
were a holder of record of Fund shares (i.e., you held Fund
shares in your own name directly with the Fund) and you wish to
participate in and vote at the adjourned Meeting, you should email
your full name and address to AST Fund Solutions, LLC ("AST") at
attendameeting@astfinancial.com. You will then be provided
with credentials to participate in the Meeting. You will be
able to vote at the Meeting by entering the control number found on
the WHITE proxy card you previously received. All
requests to participate in and/or vote at the Meeting must be
received by AST by no later than 3:00 p.m.
Eastern Time on February 25,
2021.
If, as of October 29, 2020, you
held Fund shares through an intermediary (such as a broker-dealer)
and you wish to participate in and vote at the adjourned Meeting,
you will need to obtain a legal proxy from your intermediary
reflecting the Fund's name, the number of Fund shares held and your
name and email address. You may forward an email from your
intermediary containing the legal proxy or attach an image of the
legal proxy to an email and send it to AST at
attendameeting@astfinancial.com with "Legal Proxy" in the subject
line. You will then be provided with credentials to
participate in the Meeting, as well as a unique control number to
vote your shares at the Meeting. If you would like to
participate in but NOT vote at the Meeting, please send an email to
AST at attendameeting@astfinancial.com with proof of ownership of
Fund shares. A statement, letter or the Vote Instruction Form
from your intermediary will be sufficient proof of ownership.
You will then be provided with credentials to participate in the
Meeting. All requests to participate in and/or vote at the
Meeting must be received by AST by no later than 3:00 p.m. Eastern Time on February 25, 2021.
The final vote tabulations, as certified by the independent
inspector, First Coast Results, Inc., will be published in each
Fund's next report to shareholders.
About Eaton Vance Corp.
The Funds' investment adviser is Eaton Vance Management, a
subsidiary of Eaton Vance Corp. ("Eaton Vance"). Eaton Vance
provides advanced investment strategies and wealth management
solutions to forward-thinking investors around the world. Through
principal investment affiliates Eaton Vance Management, Parametric,
Atlanta Capital, Calvert and Hexavest, the Company offers a
diversity of investment approaches, encompassing bottom-up and
top-down fundamental active management, responsible investing,
systematic investing and customized implementation of
client-specified portfolio exposures. As of December 31, 2020, Eaton Vance had consolidated
assets under management of $583.1
billion. For more information, visit eatonvance.com.
Shares of closed-end funds often trade at a discount from their
net asset value. The market price of Fund shares may vary from net
asset value based on factors affecting the supply and demand for
shares, such as Fund distribution rates relative to similar
investments, investors' expectations for future distribution
changes, the clarity of a Fund's investment strategy and future
return expectations, and investors' confidence in the underlying
markets in which the Fund invests. Fund shares are subject to
investment risk, including possible loss of principal invested.
Each Fund is not a complete investment program and you may lose
money investing therein. An investment in a Fund may not be
appropriate for all investors. Before investing, prospective
investors should consider carefully a Fund's investment objective,
strategies, risks, charges and expenses.
This press release is for informational purposes only and is
not intended to, and does not, constitute an offer to purchase or
sell shares of a Fund. Additional information about the Funds,
including performance and portfolio characteristic information, is
available at eatonvance.com.
Statements in this press release that are not historical
facts may be forward-looking statements as defined by the U.S.
securities laws. You should exercise caution in interpreting and
relying on forward-looking statements because they are subject to
uncertainties and other factors that may be beyond a Fund's control
and could cause actual results to differ materially from those set
forth in the forward-looking statements.
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SOURCE Eaton Vance Management