BOSTON, Feb. 23, 2021 /PRNewswire/ — In connection with the proposed acquisition of Eaton Vance Corp. (NYSE:EV) by Morgan Stanley (NYSE:MS) announced on October 8, 2020 (the "Transaction"), shareholders of Eaton Vance closed-end funds were asked to approve new investment advisory agreements with Eaton Vance Management ("EVM") and, where applicable, new investment sub-advisory agreements for the funds. The Transaction is subject to the completion or waiver of customary closing conditions, and is expected to close on March 1, 2021.
EFL Shareholder Meeting Results. At a special meeting of shareholders held on February 23, 2021, shareholders of Eaton Vance Floating-Rate 2022 Target Term Trust (NYSE:EFL) approved a new investment advisory agreement with EVM, which will be effective upon the closing of the Transaction. The vote tabulation, as certified by EFL's proxy tabulator, AST Fund Solutions LLC, will be published in EFL's next report to shareholders.
Interim Agreements. To date, shareholders of the below Eaton Vance closed-end funds (each, a "Fund" and, collectively, the "Funds") have not approved new investment advisory agreements with EVM:
Eaton Vance Floating-Rate Income Trust (NYSE:EFT)
Eaton Vance New York Municipal Income Trust (NYSE:EVY)
Eaton Vance Senior Floating-Rate Trust (NYSE:EFR)
Eaton Vance Senior Income Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/EVF#NYSE" …