Royal Bank of Canada reports 42.1% stake in Eaton Vance (EVF)
Rhea-AI Filing Summary
Eaton Vance Senior Income Trust ownership update: Royal Bank of Canada reports beneficial ownership of 118 shares of Auction Rate Preferred Stock, representing 42.1% of the class. The holding is split across CUSIPs 27826S202 (56.2%, 63 shares) and 27826S301 (32.7%, 55 shares).
The filing classifies the position as shared voting and shared dispositive power for all 118 shares and identifies RBC Capital Markets, LLC as the subsidiary involved. The report is an amendment signed 07/06/2026.
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Insights
RBC discloses a large, shared preferred-stock stake in EVF with delegated broker-dealer involvement.
The filing shows 118 shares of Auction Rate Preferred Stock totaling 42.1% of the class, with voting and dispositive authority reported as shared. This suggests the position is held in a capacity where voting/disposition are exercised jointly.
RBC lists RBC Capital Markets, LLC as the acquiring subsidiary, indicating broker-dealer or advisory channels were used; subsequent filings would show any transfers or voting instructions if they occur.
Concentration in preferred stock is material to governance of the auction-rate series.
A 42.1% stake in the class can materially affect auction outcomes for these CUSIPs. The split shown—63 shares (CUSIP 27826S202) and 55 shares (CUSIP 27826S301)—is explicitly listed in the filing.
Cash-flow treatment and trading mechanics are not described here; trading activity, auction results, or voting behavior would appear in future disclosures if changed.
Key Figures
Key Terms
Schedule 13G/A regulatory
Auction Rate Preferred Stock financial
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