Triple-Factor Closed-End Fund Report: EFR Stands Out (March 2026)

Eaton Vance Senior Floating-Rate Trust stands out, trading at a -13.93% discount, 8.30% yield, and 104% coverage. EFR's -2.7 z-score signals deep undervaluation versus historical norms, with its discount notably wider than 1-, 3-, and 5-year averages. EFR's floating-rate senior loan portfolio offers low duration but exposes investors to credit risk and income volatility tied to interest rates.