Royal Bank of Canada (NYSE: RY) reports Auction Preferred holdings in Eaton Vance Senior Income Trust (EVF)
Rhea-AI Filing Summary
Royal Bank of Canada filed an initial ownership report for Eaton Vance Senior Income Trust, disclosing indirect holdings of 118 shares of Auction Preferred Stock. The shares are held through its subsidiary RBC Capital Markets, LLC and reported on an aggregated basis across two CUSIP series.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ROYAL BANK OF CANADA
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Auction Preferred Stock | -- | -- | -- |
Holdings After Transaction:
Auction Preferred Stock — 118 shares (Indirect, By subsidiary)
Footnotes (2)
- F1. Pursuant to the Global Relief Letter referred to below, this filing reports holdings of the series of auction preferred stock identified in Item 1 on an aggregated basis in relation to CUSIP Nos. 27826S202 and 27826S301.
- F2. This filing is made jointly by Royal Bank of Canada for the benefit and on behalf of RBC Capital Markets, LLC, which is an indirectly wholly owned subsidiary of the Reporting Person that purchased the securities reported herein.
Key Figures
Auction Preferred Stock held: 118 shares
1 metrics
Auction Preferred Stock held
118 shares
Indirect holdings reported in Form 3
Key Terms
Auction Preferred Stock, Global Relief Letter, CUSIP, indirectly wholly owned subsidiary
4 terms
Auction Preferred Stock financial
"security_title: "Auction Preferred Stock""
Global Relief Letter regulatory
"Pursuant to the Global Relief Letter referred to below, this filing reports holdings"
CUSIP financial
"on an aggregated basis in relation to CUSIP Nos. 27826S202 and 27826S301"
A CUSIP is a nine-character alphanumeric code that uniquely identifies a U.S. or Canadian financial security—such as a stock, bond, or fund share—like a Social Security number for an investment. It matters to investors because brokers, exchanges and record-keepers use the CUSIP to match trades, track ownership, settle transactions and pull accurate records, reducing errors and ensuring money and securities go to the right place.
indirectly wholly owned subsidiary financial
"RBC Capital Markets, LLC, which is an indirectly wholly owned subsidiary of the Reporting Person"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Royal Bank of Canada report in its Form 3 for EVF?
Royal Bank of Canada reports indirect ownership of Auction Preferred Stock in Eaton Vance Senior Income Trust. The filing shows 118 shares held through RBC Capital Markets, LLC, giving investors transparency into a significant holder’s preferred stock position.
How are Royal Bank of Canada’s EVF preferred holdings structured?
The holdings are reported as indirect, held by a subsidiary. RBC Capital Markets, LLC, an indirectly wholly owned subsidiary of Royal Bank of Canada, purchased and holds the 118 Auction Preferred Stock shares reported in the Form 3 for Eaton Vance Senior Income Trust.
What does the Global Relief Letter reference mean in the EVF Form 3?
The Global Relief Letter allows aggregated reporting of certain auction preferred stock series. In this case, Royal Bank of Canada reports its Auction Preferred Stock holdings aggregated across two CUSIP numbers for Eaton Vance Senior Income Trust, rather than reporting each series separately.
Is the Form 3 for EVF reporting a new transaction or just holdings?
The Form 3 reflects reported holdings, not a specific new buy or sell transaction. It shows Royal Bank of Canada’s indirect ownership of 118 Auction Preferred Stock shares through RBC Capital Markets, LLC as part of its initial ownership disclosure.