Royal Bank of Canada (NYSE: RY) exits EVF Auction Preferred Stock position
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Royal Bank of Canada, reporting as a ten percent owner of Eaton Vance Senior Income Trust, reported an "other" restructuring transaction involving 118 shares of Auction Preferred Stock on behalf of its indirectly wholly owned subsidiary RBC Capital Markets, LLC. Following this aggregated transaction, reported Auction Preferred Stock holdings for the subsidiary were reduced to zero.
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 |
|---|---|---|---|---|
| Other | Auction Preferred Stock | 118 | $12,500.00 | $1.48M |
Holdings After Transaction:
Auction Preferred Stock — 0 shares (Indirect, By subsidiary)
Footnotes (1)
- 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. Less than par 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 shares transacted: 118 shares
Price per Auction Preferred share: $12,500.00 per share
Shares after transaction: 0 shares
+1 more
4 metrics
Auction Preferred shares transacted
118 shares
Code J "other" transaction on Auction Preferred Stock
Price per Auction Preferred share
$12,500.00 per share
Transaction price; footnote states less than par
Shares after transaction
0 shares
Total Auction Preferred Stock following transaction
Restructuring share count
118 shares
transactionSummary restructuringShares
Key Terms
Auction Preferred Stock, CUSIP, indirectly wholly owned subsidiary, restructuringShares
4 terms
Auction Preferred Stock financial
"security_title: "Auction Preferred Stock""
CUSIP financial
"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"