Eaton Vance Floating-Rate Income Trust

N-CSRS 1 d869813dncsrs.htm EATON VANCE FLOATING-RATE INCOME TRUST Eaton Vance Floating-Rate Income Trust

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-21574

Eaton Vance Floating-Rate Income Trust

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrants Telephone Number)

May 31

Date of Fiscal Year End

November 30, 2019

Date of Reporting Period

Item 1. Reports to Stockholders

Eaton Vance

Floating-Rate Income Trust (EFT)

Semiannual Report

November 30, 2019

Important Note. Beginning on January 1, 2021, as permitted by regulations adopted by the Securities and Exchange Commission, paper copies of the Funds annual and semi-annual shareholder reports will no longer be sent by mail unless you specifically request paper copies of the reports. Instead, the reports will be made available on the Funds website (funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php), and you will be notified by mail each time a report is posted and provided with a website address to access the report.

If you already elected to receive shareholder reports electronically, you will not be affected by this change and you need not take any action. If you hold shares at the Funds transfer agent, American Stock Transfer & Trust Company, LLC (AST), you may elect to receive shareholder reports and other communications from the Fund electronically by contacting AST. If you own your shares through a financial intermediary (such as a broker-dealer or bank), you must contact your financial intermediary to sign up.

You may elect to receive all future Fund shareholder reports in paper free of charge. If you hold shares at AST, you can inform AST that you wish to continue receiving paper copies of your shareholder reports by calling 1-866-439-6787. If you own these shares through a financial intermediary, you must contact your financial intermediary or follow instructions included with this disclosure, if applicable, to elect to continue to receive paper copies of your shareholder reports. Your election to receive reports in paper will apply to all funds held with AST or to all funds held through your financial intermediary, as applicable.

Commodity Futures Trading Commission Registration. Effective December 31, 2012, the Commodity Futures Trading Commission (CFTC) adopted certain regulatory changes that subject registered investment companies and advisers to regulation by the CFTC if a fund invests more than a prescribed level of its assets in certain CFTC-regulated instruments (including futures, certain options and swap agreements) or markets itself as providing investment exposure to such instruments. The Fund has claimed an exclusion from the definition of the term commodity pool operator under the Commodity Exchange Act. Accordingly, neither the Fund nor the adviser with respect to the operation of the Fund is subject to CFTC regulation. Because of its management of other strategies, the Funds adviser is registered with the CFTC as a commodity pool operator and a commodity trading advisor.

Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.

Semiannual Report November 30, 2019

Eaton Vance

Floating-Rate Income Trust

Table of Contents

Performance	2
Fund Profile	3
Endnotes and Additional Disclosures	4
Financial Statements	5
Officers and Trustees	45
Important Notices	46

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Performance 1,2

Portfolio Managers Ralph H. Hinckley, CFA, Andrew N. Sveen, CFA, Catherine C. McDermott, William E. Holt, CFA and Daniel P. McElaney, CFA

% Average Annual Total Returns — Fund at NAV	1.21 %	3.95 %	5.31 %	7.26 %
Fund at Market Price	2.06	6.20	5.00	6.73
S&P/LSTA Leveraged Loan Index	1.37 %	4.21 %	3.85 %	5.14 %
% Premium/Discount to
NAV 3
				10.63 %
Distributions 4
Total Distributions per share for the period			$	0.472
Distribution Rate at NAV				6.78 %
Distribution Rate at Market Price				7.59
% Total Leverage 5
Borrowings				26.31 %
Variable Rate Term Preferred Shares (VRTP Shares)				8.77

See Endnotes and Additional Disclosures in this report.

Past performance is no guarantee of future results. Returns are historical and are calculated net of management fees and other expenses by determining the percentage change in net asset value (NAV) or market price (as applicable) with all distributions reinvested in accordance with the Funds Dividend Reinvestment Plan. Performance at market price will differ from performance at NAV due to variations in the Funds market price versus NAV, which may reflect factors such as fluctuations in supply and demand for Fund shares, changes in Fund distributions, shifting market expectations for the Funds future returns and distribution rates, and other considerations affecting the trading prices of closed-end funds. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance for periods less than or equal to one year is cumulative. Performance is for the stated time period only; due to market volatility, current Fund performance may be lower or higher than the quoted return. For performance as of the most recent month-end, please refer to eatonvance.com.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Fund Profile

Top 10 Issuers (% of total investments) 6

Reynolds Group Holdings, Inc.	1.3
TransDigm, Inc.	1.3
Bausch Health Cos, Inc.	1.2
Asurion, LLC	1.2
Hyland Software, Inc.	1.0
Calpine Corporation	0.8
Infor (US), Inc.	0.8
Hub International Limited	0.8
Jaguar Holding Company II	0.8
MA FinanceCo., LLC	0.7
Total	9.9 %

Top 10 Sectors (% of total investments) 6

Electronics/Electrical	12.1
Health Care	8.4
Business Equipment and Services	7.9
Drugs	4.5
Telecommunications	4.3
Chemicals and Plastics	4.3
Leisure Goods/Activities/Movies	4.3
Oil and Gas	4.0
Insurance	4.0
Lodging and Casinos	3.6
Total	57.4 %

Credit Quality (% of bonds, loans and asset-backed securities) 7

See Endnotes and Additional Disclosures in this report.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Endnotes and Additional Disclosures

1 S&P/LSTA Leveraged Loan Index is an unmanaged index of the institutional leveraged loan market. S&P/LSTA Leveraged Loan indices are a product of S&P Dow Jones Indices LLC (S&P DJI) and have been licensed for use. S&P ® is a registered trademark of S&P DJI; Dow Jones ® is a registered trademark of Dow Jones Trademark Holdings LLC (Dow Jones); LSTA is a trademark of Loan Syndications and Trading Association, Inc. S&P DJI, Dow Jones, their respective affiliates and their third party licensors do not sponsor, endorse, sell or promote the Fund, will not have any liability with respect thereto and do not have any liability for any errors, omissions, or interruptions of the S&P Dow Jones Indices. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index.

2 Performance results reflect the effects of leverage. The Funds performance for certain periods reflects the effects of expense reductions. Absent these reductions, performance would have been lower. Performance since inception for an index, if presented, is the performance since the Funds or oldest share class inception, as applicable.

3 The shares of the Fund often trade at a discount or premium to their net asset value. The discount or premium may vary over time and may be higher or lower than what is quoted in this report. For up-to-date premium/discount information, please refer to https://funds.eatonvance.com/closed-end-fund-prices.php.

4 The Distribution Rate is based on the Funds last regular distribution per share in the period (annualized) divided by the Funds NAV or market price at the end of the period. The Funds distributions may be comprised of amounts characterized for federal income tax purposes as qualified and non-qualified ordinary dividends, capital gains and nondividend distributions, also known as return of capital. For additional information about nondividend distributions, please refer to Eaton Vance Closed-End Fund Distribution Notices (19a) posted on our website,eatonvance.com. The Fund will determine the federal income tax character of distributions paid to a shareholder after the end of the calendar year. This is reported on the IRS form 1099-DIV and provided to the shareholder shortly after each year-end. For information about the tax character of distributions made in prior calendar years, please refer to Performance-Tax Character of Distributions on the Funds webpage available at eatonvance. com. The Funds distributions are determined by the investment adviser based on its current assessment of the Funds long-term return potential. Fund distributions may be affected by numerous factors including changes in Fund performance, the cost of financing for leverage, portfolio holdings, realized and projected returns, and other factors. As portfolio and market conditions change, the rate of distributions paid by the Fund could change.

5 Leverage represents the liquidation value of the Funds VRTP Shares and borrowings outstanding as a percentage of Fund net assets applicable to common shares plus VRTP Shares and borrowings outstanding. Use of leverage creates an opportunity for income, but creates risks including greater price volatility. The cost of leverage rises and falls with changes in short-term interest rates. The Fund may be required to maintain prescribed asset coverage for its leverage and may be required to reduce its leverage at an inopportune time.

6 Excludes cash and cash equivalents.

7 Credit ratings are categorized using S&P Global Ratings (S&P). Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuers creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&Ps measures. Ratings of BBB or higher by S&P are considered to be investment-grade quality. Credit ratings are based largely on the ratings agencys analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuers current financial condition and does not necessarily reflect its assessment of the volatility of a securitys market value or of the liquidity of an investment in the security. Holdings designated as Not Rated (if any) are not rated by S&P.

Fund profile subject to change due to active management.

Important Notice to Shareholders

Effective November 1, 2019, the Fund is managed by Ralph H. Hinckley, Andrew N. Sveen, Catherine C. McDermott, William E. Holt and Daniel P. McElaney.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited)

| Senior Floating-Rate Loans
133.6% (1) — Borrower/Tranche Description | Principal Amount* (000s omitted) | | Value |
| --- | --- | --- | --- |
| Aerospace and Defense 2.4% | | | |
| Dynasty Acquisition Co., Inc. | | | |
| Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing April 6, 2026 | | 537 | $ 539,333 |
| IAP Worldwide Services, Inc. | | | |
| Revolving Loan, 1.44%, (3 mo. USD LIBOR + 5.50%), Maturing July 19, 2021 (2) | | 325 | 314,609 |
| Term Loan - Second Lien, 8.60%, (3 mo. USD LIBOR + 6.50%), Maturing July 18, 2020 (3) | | 426 | 338,899 |
| TransDigm, Inc. | | | |
| Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 9, 2023 | | 6,841 | 6,853,978 |
| Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 22, 2024 | | 2,834 | 2,836,160 |
| Wesco Aircraft Hardware Corp. | | | |
| Term Loan, 4.21%, (1 mo. USD LIBOR + 2.50%), Maturing November 30, 2020 | | 914 | 914,892 |
| WP CPP Holdings, LLC | | | |
| Term Loan, 5.68%, (USD LIBOR + 3.75%), Maturing April 30, 2025 (4) | | 2,326 | 2,308,084 |
| | | | $ 14,105,955 |
| Automotive 3.4% | | | |
| Adient US, LLC | | | |
| Term Loan, 6.11%, (USD LIBOR + 4.25%), Maturing May 6,
2024 (4) | | 1,521 | $ 1,523,089 |
| American Axle and Manufacturing, Inc. | | | |
| Term Loan, 4.01%, (USD LIBOR + 2.25%), Maturing April 6,
2024 (4) | | 2,719 | 2,676,865 |
| Autokiniton US Holdings, Inc. | | | |
| Term Loan, 8.08%, (1 mo. USD LIBOR + 6.38%), Maturing May 22, 2025 | | 864 | 829,500 |
| Bright Bidco B.V. | | | |
| Term Loan, 5.47%, (USD LIBOR + 3.50%), Maturing
June 30, 2024 (4) | | 1,663 | 796,286 |
| Chassix, Inc. | | | |
| Term Loan, 7.44%, (USD LIBOR + 5.50%), Maturing November 15,
2023 (4) | | 1,474 | 1,366,903 |
| Dayco Products, LLC | | | |
| Term Loan, 6.16%, (3 mo. USD LIBOR + 4.25%), Maturing May 19, 2023 | | 1,097 | 970,734 |
| Garrett LX III S.a.r.l. | | | |
| Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), Maturing September 27, 2025 | EUR | 475 | 520,037 |
| Term Loan, 4.60%, (3 mo. USD LIBOR + 2.50%), Maturing September 27, 2025 | | 272 | 267,940 |

Borrower/Tranche Description			Value
Automotive (continued)
IAA, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing June 28, 2026		608	$ 611,611
Panther BF Aggregator 2 L.P.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing April 30, 2026		3,800	3,796,436
Tenneco, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing October 1, 2025		3,796	3,639,715
Thor Industries, Inc.
Term Loan, 5.56%, (1 mo. USD LIBOR + 3.75%), Maturing February 1, 2026		1,161	1,155,800
TI Group Automotive Systems, LLC
Term Loan, 3.50%, (3 mo. EURIBOR + 2.75%, Floor 0.75%), Maturing June 30, 2022	EUR	864	949,886
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 30, 2022		990	986,647
			$ 20,091,449
Beverage and Tobacco 0.7%
Arterra Wines Canada, Inc.
Term Loan, 4.91%, (3 mo. USD LIBOR + 2.75%), Maturing December 15, 2023		2,703	$ 2,695,702
Flavors Holdings, Inc.
Term Loan, 7.85%, (3 mo. USD LIBOR + 5.75%), Maturing April 3, 2020		1,116	987,223
Term Loan - Second Lien, 12.10%, (3 mo. USD LIBOR + 10.00%), Maturing October 3,
2021		1,000	775,000
			$ 4,457,925
Brokerage / Securities Dealers / Investment Houses 0.1%
OZ Management L.P.
Term Loan, 6.56%, (1 mo. USD LIBOR + 4.75%), Maturing April 10, 2023		126	$ 126,157
Resolute Investment Managers, Inc.
Term Loan - Second Lien, 9.43%, (3 mo. USD LIBOR + 7.50%), Maturing April 30,
2023		600	598,500
			$ 724,657
Building and Development 4.3%
Advanced Drainage Systems, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing July 31, 2026		325	$ 326,219
American Builders & Contractors Supply Co., Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing January 15, 2027		2,525	2,524,803

5 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Building and Development (continued)
APi Group DE, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 1, 2026	1,550	$ 1,560,414
Beacon Roofing Supply, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing January 2, 2025	616	612,057
Brookfield Property REIT, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 27, 2025	1,015	1,002,882
Core & Main L.P.
Term Loan, 4.67%, (USD LIBOR + 2.75%), Maturing August 1,
2024 (4)	1,182	1,169,781
CPG International, Inc.
Term Loan, 5.93%, (6 mo. USD LIBOR + 3.75%), Maturing May 5, 2024	1,994	1,973,120
DTZ U.S. Borrower, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 21, 2025	5,891	5,918,998
Henry Company, LLC
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing October 5, 2023	439	438,881
NCI Building Systems, Inc.
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing April 12, 2025	817	809,063
Quikrete Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 15, 2023	2,788	2,790,784
RE/MAX International, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing December 15, 2023	2,059	2,060,045
Realogy Group, LLC
Term Loan, 3.96%, (1 mo. USD LIBOR + 2.25%), Maturing February 8, 2025	897	867,755
Summit Materials Companies I, LLC
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing November 21, 2024	663	666,089
Werner FinCo L.P.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing July 24, 2024	1,128	1,102,363
WireCo WorldGroup, Inc.
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing September 30, 2023	631	600,288
Term Loan - Second Lien, 10.70%, (1 mo. USD LIBOR + 9.00%),
Maturing September 30, 2024	1,300	1,209,000
		$ 25,632,542

Borrower/Tranche Description			Value
Business Equipment and Services 11.7%
Acosta Holdco, Inc.
Term Loan, 7.00%, (USD Prime + 2.25%), Maturing September 26, 2021 (6)		2,291	$ 428,183
Adtalem Global Education, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing April 11, 2025		420	420,343
AlixPartners, LLP
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing April 4, 2024	EUR	796	881,777
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 4, 2024		2,392	2,405,653
Allied Universal Holdco, LLC
Term Loan, 4.25%, Maturing July 10,
2026 (2)		239	238,341
Term Loan, 6.51%, (6 mo. USD LIBOR + 4.25%), Maturing July 10, 2026		2,411	2,407,242
Altran Technologies S.A.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing March 20, 2025	EUR	1,541	1,707,547
AppLovin Corporation
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2025		3,875	3,889,710
Belfor Holdings, Inc.
Term Loan, 5.79%, (1 mo. USD LIBOR + 4.00%), Maturing April 6, 2026		574	577,147
BidFair MergeRight, Inc.
Term Loan, 7.27%, (1 mo. USD LIBOR + 5.50%), Maturing January 15, 2027		675	659,812
Bracket Intermediate Holding Corp.
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing September 5, 2025		941	927,568
Brand Energy & Infrastructure Services, Inc.
Term Loan, 6.24%, (3 mo. USD LIBOR + 4.25%), Maturing June 21, 2024		562	552,051
Camelot U.S. Acquisition 1 Co.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing October 31, 2026		1,575	1,581,645
Ceridian HCM Holding, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing April 30, 2025		1,559	1,565,584
CM Acquisition Co.
Term Loan, 12.10%, (3 mo. USD LIBOR + 10.00%), Maturing July 26, 2023		279	270,727
Cypress Intermediate Holdings III, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing April 29, 2024		2,556	2,545,696
Deerfield Dakota Holding, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing February 13, 2025		1,642	1,623,968

6 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Business Equipment and Services (continued)
EAB Global, Inc.
Term Loan, 5.74%, (USD LIBOR + 3.75%), Maturing November 15,
2024 (4)	1,379	$ 1,358,315
EIG Investors Corp.
Term Loan, 5.67%, (3 mo. USD LIBOR + 3.75%), Maturing February 9, 2023	4,283	4,042,367
Element Materials Technology Group US Holdings, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing June 28, 2024	418	418,293
Garda World Security Corporation
Term Loan, 6.66%, (3 mo. USD LIBOR + 4.75%), Maturing October 30, 2026	2,075	2,073,253
IG Investment Holdings, LLC
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 23, 2025	2,622	2,588,908
IRI Holdings, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing December 1, 2025	2,233	2,126,120
Iron Mountain, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing January 2, 2026	911	902,773
J.D. Power and Associates
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing September 7, 2023	3,405	3,409,005
KAR Auction Services, Inc.
Term Loan, 4.00%, (1 mo. USD LIBOR + 2.25%), Maturing September 19, 2026	675	679,641
Kronos Incorporated
Term Loan, 4.91%, (3 mo. USD LIBOR + 3.00%), Maturing November 1, 2023	6,300	6,305,815
KUEHG Corp.
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing February 21, 2025	2,747	2,729,388
Term Loan - Second Lien, 10.35%, (3 mo. USD LIBOR + 8.25%), Maturing August 18, 2025	425	425,000
Monitronics International, Inc.
Term Loan, 8.60%, (3 mo. USD LIBOR + 6.50%), Maturing March 29, 2024	1,607	1,406,182
PGX Holdings, Inc.
Term Loan, 6.96%, (1 mo. USD LIBOR + 5.25%), Maturing September 29, 2020	1,320	1,003,154
Pike Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing July 24, 2026	538	539,838
Ping Identity Corporation
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 24, 2025	76	76,360

Borrower/Tranche Description			Value
Business Equipment and Services (continued)
Pre-Paid Legal Services, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 1, 2025		516	$ 513,963
Prime Security Services Borrower, LLC
Term Loan, 5.03%, (1 mo. USD LIBOR + 3.25%), Maturing September 23, 2026		2,410	2,386,417
Prometric Holdings, Inc.
Term Loan, 4.71%, (1 mo. USD LIBOR + 3.00%), Maturing January 29, 2025		320	315,739
Red Ventures, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 8, 2024		1,501	1,502,302
Sabre GLBL, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing February 22, 2024		1,032	1,036,410
SMG US Midco 2, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing January 23, 2025		246	246,635
Spin Holdco, Inc.
Term Loan, 5.25%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2022		3,788	3,704,046
Techem Verwaltungsgesellschaft 675 mbH
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing July 31, 2025	EUR	1,602	1,776,170
Tempo Acquisition, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024		1,911	1,913,187
Vestcom Parent Holdings, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing December 19, 2023		554	521,092
WASH Multifamily Laundry Systems, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022		265	258,190
West Corporation
Term Loan, 5.43%, (USD LIBOR + 3.50%), Maturing October 10, 2024 (4)		346	273,562
Term Loan, 5.93%, (USD LIBOR + 4.00%), Maturing October 10, 2024 (4)		1,154	944,714
Zephyr Bidco Limited
Term Loan, 5.21%, (1 mo. GBP LIBOR + 4.50%), Maturing July 23, 2025	GBP	775	979,543
			$ 69,139,376
Cable and Satellite Television 4.8%
Altice France S.A.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.69%), Maturing January 31, 2026		790	$ 782,601

7 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Cable and Satellite Television (continued)
Altice France S.A. (continued)
Term Loan, 5.77%, (1 mo. USD LIBOR + 4.00%), Maturing August 14, 2026		1,249	$ 1,242,450
CSC Holdings, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing July 17, 2025		3,724	3,722,960
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing January 15, 2026		1,092	1,090,931
Term Loan, 4.33%, (2 mo. USD LIBOR + 2.50%), Maturing April 15, 2027		1,358	1,362,327
Numericable Group S.A.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing July 31, 2025	EUR	488	532,305
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 31, 2025		1,974	1,928,224
Radiate Holdco, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing February 1, 2024		2,033	2,021,777
Telenet Financing USD, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing August 15, 2026		3,100	3,104,650
Virgin Media Bristol, LLC
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing January 31, 2028		4,625	4,630,462
Virgin Media SFA Finance Limited
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing January 31, 2029	EUR	1,325	1,462,033
Ziggo B.V.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing January 31, 2029	EUR	2,425	2,663,109
Ziggo Secured Finance Partnership
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing April 15, 2025		3,825	3,823,619
			$ 28,367,448
Chemicals and Plastics 6.6%
Alpha 3 B.V.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing January 31, 2024		1,333	$ 1,316,873
Aruba Investments, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing February 2, 2022		983	980,417
Axalta Coating Systems US Holdings, Inc.
Term Loan, 3.85%, (3 mo. USD LIBOR + 1.75%), Maturing June 1, 2024		2,672	2,676,646
Chemours Company (The)
Term Loan, 2.50%, (3 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing April 3, 2025	EUR	638	685,785

Borrower/Tranche Description			Value
Chemicals and Plastics (continued)
Emerald Performance Materials, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2021		542	$ 525,693
Ferro Corporation
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024		353	351,954
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024		361	359,605
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing February 14, 2024		439	437,240
Flint Group GmbH
Term Loan, 4.94%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021		158	129,189
Flint Group US, LLC
Term Loan, 4.94%, (3 mo. USD LIBOR + 3.00%), Maturing September 7, 2021		958	781,485
Gemini HDPE, LLC
Term Loan, 4.43%, (3 mo. USD LIBOR + 2.50%), Maturing August 7, 2024		2,244	2,244,062
H.B. Fuller Company
Term Loan, 3.72%, (1 mo. USD LIBOR + 2.00%), Maturing October 20, 2024		1,695	1,698,767
Hexion, Inc.
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing July 1, 2026	EUR	1,600	1,759,048
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing July 1, 2026		773	775,942
INEOS Enterprises Holdings Limited
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), Maturing August 28, 2026	EUR	200	221,717
INEOS Enterprises Holdings US Finco, LLC
Term Loan, 5.91%, (3 mo. USD LIBOR + 4.00%), Maturing August 31, 2026		275	275,458
INEOS Finance PLC
Term Loan, 2.50%, (1 mo. EURIBOR + 2.00%, Floor 0.50%), Maturing March 31, 2024	EUR	3,218	3,531,949
Kraton Polymers, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing March 5, 2025		883	881,868
Messer Industries GmbH
Term Loan, 4.60%, (3 mo. USD LIBOR + 2.50%), Maturing March 1, 2026		1,542	1,547,070
Minerals Technologies, Inc.
Term Loan, 4.03%, (USD LIBOR + 2.25%), Maturing February 14, 2024 (4)		928	932,588
Momentive Performance Materials, Inc.
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing May 15, 2024		474	468,630

8 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Chemicals and Plastics (continued)
Orion Engineered Carbons GmbH
Term Loan, 2.25%, (3 mo. EURIBOR + 2.25%), Maturing July 25, 2024	EUR	818	$ 906,144
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing July 25, 2024		1,142	1,133,698
PMHC II, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing March 31, 2025		1,694	1,431,430
PQ Corporation
Term Loan, 4.43%, (3 mo. USD LIBOR + 2.50%), Maturing February 8, 2025		2,435	2,443,582
Pregis TopCo Corporation
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing July 31, 2026		675	662,344
Spectrum Holdings III Corp.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing January 31, 2025		359	317,308
Starfruit Finco B.V.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing October 1, 2025	EUR	475	526,672
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing October 1, 2025		2,957	2,935,250
Tronox Finance, LLC
Term Loan, 4.61%, (USD LIBOR + 2.75%), Maturing September 23, 2024 (4)		3,301	3,295,215
Univar, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing July 1, 2024		2,222	2,229,648
Venator Materials Corporation
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing August 8, 2024		417	414,938
			$ 38,878,215
Conglomerates 0.3%
Kronos Acquisition Holdings, Inc.
Term Loan, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing May 15, 2023		1,493	$ 1,485,037
Penn Engineering & Manufacturing Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2024		244	243,253
			$ 1,728,290
Containers and Glass Products 3.4%
Berlin Packaging, LLC
Term Loan, 4.78%, (USD LIBOR + 3.00%), Maturing November 7,
2025 (4)		272	$ 266,768

Borrower/Tranche Description			Value
Containers and Glass Products (continued)
Berry Global, Inc.
Term Loan, 3.76%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2022		873	$ 877,219
Term Loan, 2.50%, (1 mo. EURIBOR + 2.50%), Maturing July 1, 2026	EUR	324	359,964
Term Loan, 4.26%, (1 mo. USD LIBOR + 2.50%), Maturing July 1, 2026		1,022	1,028,259
BWAY Holding Company
Term Loan, 5.23%, (3 mo. USD LIBOR + 3.25%), Maturing April 3, 2024		2,528	2,481,926
Consolidated Container Company, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024		417	413,395
Flex Acquisition Company, Inc.
Term Loan, 5.09%, (USD LIBOR + 3.00%), Maturing December 29,
2023 (4)		3,111	3,021,702
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing June 29, 2025		1,517	1,475,942
Libbey Glass, Inc.
Term Loan, 4.76%, (1 mo. USD LIBOR + 3.00%), Maturing April 9, 2021		1,098	847,405
Pelican Products, Inc.
Term Loan, 5.27%, (1 mo. USD LIBOR + 3.50%), Maturing May 1, 2025		642	588,920
Reynolds Group Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2023		5,712	5,730,532
Ring Container Technologies Group, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing October 31, 2024		901	900,427
Trident TPI Holdings, Inc.
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), Maturing October 17, 2024	EUR	1,351	1,426,935
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing October 17, 2024		763	723,783
			$ 20,143,177
Cosmetics / Toiletries 0.3%
KIK Custom Products, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 15, 2023		2,019	$ 1,948,626
			$ 1,948,626
Drugs 6.1%
Akorn, Inc.
Term Loan, 8.75%, (8.00% cash (1 mo. USD LIBOR + 6.25%), 0.75% PIK), Maturing April 16, 2021		1,990	$ 1,902,229

9 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Drugs (continued)
Albany Molecular Research, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 30, 2024		833	$ 824,930
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing August 30, 2025		500	498,594
Alkermes, Inc.
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing March 23, 2023		398	396,399
Amneal Pharmaceuticals, LLC
Term Loan, 5.25%, (1 mo. USD LIBOR + 3.50%), Maturing May 4, 2025		3,752	2,920,011
Arbor Pharmaceuticals, Inc.
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing July 5, 2023		2,320	1,972,064
Bausch Health Cos., Inc.
Term Loan, 4.77%, (1 mo. USD LIBOR + 3.00%), Maturing June 2, 2025		5,899	5,932,147
Catalent Pharma Solutions, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing May 18, 2026		871	874,064
Endo Luxembourg Finance Company I S.a.r.l.
Term Loan, 6.00%, (1 mo. USD LIBOR + 4.25%), Maturing April 29, 2024		6,569	6,031,100
Horizon Pharma, Inc.
Term Loan, 4.31%, (1 mo. USD LIBOR + 2.50%), Maturing May 22, 2026		2,196	2,207,671
Jaguar Holding Company II
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing August 18, 2022		6,964	6,980,811
Mallinckrodt International Finance S.A.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing September 24, 2024		2,940	2,302,887
Term Loan, 4.91%, (3 mo. USD LIBOR + 3.00%), Maturing February 24, 2025		3,315	2,585,981
Nidda Healthcare Holding AG
Term Loan, Maturing August 21, 2024 (5)	EUR	625	689,681
			$ 36,118,569
Ecological Services and Equipment 1.3%
Advanced Disposal Services, Inc.
Term Loan, 3.85%, (1 week USD LIBOR + 2.25%), Maturing November 10, 2023		2,156	$ 2,163,163
EnergySolutions, LLC
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing May 9, 2025		1,980	1,866,361
GFL Environmental, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 30, 2025		2,568	2,544,455

Borrower/Tranche Description			Value
Ecological Services and Equipment (continued)
Patriot Container Corp.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing March 20, 2025		148	$ 146,550
Terrapure Environmental Ltd.
Term Loan, Maturing November 25, 2026 (5)		450	449,437
US Ecology, Inc.
Term Loan, Maturing August 14, 2026 (5)		275	277,320
			$ 7,447,286
Electronics / Electrical 18.5%
Almonde, Inc.
Term Loan, 5.70%, (6 mo. USD LIBOR + 3.50%), Maturing June 13, 2024		3,755	$ 3,678,294
Applied Systems, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing September 19, 2024		3,044	3,035,736
Term Loan - Second Lien, 9.10%, (3 mo. USD LIBOR + 7.00%), Maturing September 19, 2025		2,200	2,240,333
Aptean, Inc.
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing April 23, 2026		547	543,830
Term Loan - Second Lien, 10.60%, (3 mo. USD LIBOR + 8.50%), Maturing April 23, 2027		1,525	1,509,750
Avast Software B.V.
Term Loan, 4.35%, (3 mo. USD LIBOR + 2.25%), Maturing September 29, 2023		590	594,402
Banff Merger Sub, Inc.
Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing October 2, 2025	EUR	298	327,785
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing October 2, 2025		3,424	3,297,860
Barracuda Networks, Inc.
Term Loan, 5.16%, (3 mo. USD LIBOR + 3.25%), Maturing February 12, 2025		2,518	2,527,117
Canyon Valor Companies, Inc.
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing June 16, 2023	EUR	490	542,083
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing June 16, 2023		1,586	1,588,290
Carbonite, Inc.
Term Loan, 5.68%, (3 mo. USD LIBOR + 3.75%), Maturing March 26, 2026		760	761,680
CDW, LLC
Term Loan, 3.46%, (1 mo. USD LIBOR + 1.75%), Maturing October 13, 2026		1,350	1,358,157
Celestica, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 27, 2025		372	369,512

10 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Electronics / Electrical (continued)
Cohu, Inc.
Term Loan, 5.20%, (6 mo. USD LIBOR + 3.00%), Maturing October 1, 2025	817	$ 794,289
CommScope, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing April 6, 2026	1,850	1,840,750
CPI International, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 26, 2024	711	674,975
Datto, Inc.
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing April 2, 2026	374	377,803
ECI Macola/Max Holding, LLC
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing September 27, 2024	836	832,789
Electro Rent Corporation
Term Loan, 6.94%, (USD LIBOR + 5.00%), Maturing January 31,
2024 (4)	1,337	1,344,709
Energizer Holdings, Inc.
Term Loan, 4.06%, (1 mo. USD LIBOR + 2.25%), Maturing December 17, 2025	552	554,411
Epicor Software Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing June 1, 2022	4,568	4,575,583
EXC Holdings III Corp.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing December 2, 2024	516	499,693
Financial & Risk US Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing October 1, 2025	1,216	1,224,298
Flexera Software, LLC
Term Loan, 5.21%, (1 mo. USD LIBOR + 3.50%), Maturing February 26, 2025	271	271,811
GlobalLogic Holdings, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 1, 2025	455	456,676
Hyland Software, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 1, 2024	4,533	4,551,790
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing July 7, 2025	4,325	4,389,875
Infoblox, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing November 7, 2023	2,051	2,054,683
Infor (US), Inc.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing February 1, 2022	7,095	7,116,444

Borrower/Tranche Description			Value
Electronics / Electrical (continued)
Informatica, LLC
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing August 5, 2022	EUR	344	$ 381,748
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 5, 2022		4,571	4,583,610
MA FinanceCo., LLC
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing November 19, 2021		2,843	2,840,899
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024		506	503,636
MACOM Technology Solutions Holdings, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing May 17, 2024		1,277	1,164,472
Microchip Technology Incorporated
Term Loan, 3.71%, (1 mo. USD LIBOR + 2.00%), Maturing May 29, 2025		1,595	1,599,711
Mirion Technologies, Inc.
Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing March 6, 2026		448	450,114
MKS Instruments, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing February 2, 2026		353	354,417
MTS Systems Corporation
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing July 5, 2023		538	538,076
NCR Corporation
Term Loan, 4.21%, (1 mo. USD LIBOR + 2.50%), Maturing August 28, 2026		975	982,307
Renaissance Holding Corp.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 30, 2025		1,284	1,262,354
Term Loan - Second Lien, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing May 29, 2026		200	185,500
Seattle Spinco, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing June 21, 2024		3,415	3,401,181
SGS Cayman L.P.
Term Loan, 7.48%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021		397	391,787
SkillSoft Corporation
Term Loan, 6.95%, (3 mo. USD LIBOR + 4.75%), Maturing April 28, 2021		4,994	3,870,316
SolarWinds Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 5, 2024		3,446	3,462,039
Solera, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 3, 2023		2,365	2,333,750

11 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Electronics / Electrical (continued)
Sparta Systems, Inc.
Term Loan, Maturing August 21, 2024 (5)	1,322	$ 1,117,090
SS&C Technologies Holdings Europe S.a.r.l.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025	1,221	1,229,352
SS&C Technologies, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 16, 2025	1,876	1,888,479
SurveyMonkey, Inc.
Term Loan, 5.34%, (1 week USD LIBOR + 3.75%), Maturing October 10, 2025	1,053	1,055,332
Sutherland Global Services, Inc.
Term Loan, 7.48%, (3 mo. USD LIBOR + 5.38%), Maturing April 23, 2021	1,704	1,683,097
Switch, Ltd.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing June 27, 2024	269	269,989
Tibco Software, Inc.
Term Loan, 5.78%, (1 mo. USD LIBOR + 4.00%), Maturing June 30, 2026	1,261	1,265,512
TriTech Software Systems
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing August 29, 2025	918	853,798
TTM Technologies, Inc.
Term Loan, 4.28%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2024	297	298,071
Uber Technologies
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 13, 2023	4,272	4,191,553
Term Loan, 5.76%, (1 mo. USD LIBOR + 4.00%), Maturing April 4, 2025	2,595	2,526,553
Ultimate Software Group, Inc. (The)
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing May 4, 2026	1,775	1,785,650
Ultra Clean Holdings, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025	858	858,393
Verifone Systems, Inc.
Term Loan, 5.90%, (3 mo. USD LIBOR + 4.00%), Maturing August 20, 2025	1,264	1,222,945
Veritas Bermuda, Ltd.
Term Loan, 6.27%, (USD LIBOR + 4.50%), Maturing January 27,
2023 (4)	2,397	2,245,996
Vero Parent, Inc.
Term Loan, 6.41%, (3 mo. USD LIBOR + 4.50%), Maturing August 16, 2024	2,573	2,401,244

Borrower/Tranche Description			Value
Electronics / Electrical (continued)
Vungle, Inc.
Term Loan, 7.20%, (1 mo. USD LIBOR + 5.50%), Maturing September 30, 2026		725	$ 714,125
Western Digital Corporation
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing April 29, 2023		1,503	1,504,348
			$ 109,352,852
Equipment Leasing 0.1%
IBC Capital Limited
Term Loan, 5.90%, (3 mo. USD LIBOR + 3.75%), Maturing September 11, 2023		616	$ 612,162
			$ 612,162
Financial Intermediaries 4.6%
Apollo Commercial Real Estate Finance, Inc.
Term Loan, 4.52%, (1 mo. USD LIBOR + 2.75%), Maturing May 15, 2026		474	$ 474,393
Aretec Group, Inc.
Term Loan, 5.95%, (1 mo. USD LIBOR + 4.25%), Maturing October 1, 2025		5,126	4,863,453
Citco Funding, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing September 28, 2023		2,806	2,793,567
Claros Mortgage Trust, Inc.
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing August 10, 2026		825	827,063
Ditech Holding Corporation
Term Loan, 0.00%, Maturing June 30,
2022 (6)		3,222	1,324,415
EIG Management Company, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing February 22, 2025		271	271,044
Evergood 4 ApS
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing February 6, 2025	EUR	750	829,202
Focus Financial Partners, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 3, 2024		3,072	3,089,504
Franklin Square Holdings L.P.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing August 1, 2025		569	573,157
Greenhill & Co., Inc.
Term Loan, 5.02%, (1 mo. USD LIBOR + 3.25%), Maturing April 12, 2024		1,146	1,111,256
GreenSky Holdings, LLC
Term Loan, 5.00%, (1 mo. USD LIBOR + 3.25%), Maturing March 31, 2025		1,478	1,462,725

12 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Financial Intermediaries (continued)
Guggenheim Partners, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 21, 2023		1,120	$ 1,103,321
Harbourvest Partners, LLC
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing March 3, 2025		1,059	1,061,570
LPL Holdings, Inc.
Term Loan, 3.45%, (1 mo. USD LIBOR + 1.75%), Maturing November 12, 2026		1,500	1,506,875
Ocwen Loan Servicing, LLC
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing December 7, 2020		294	291,430
Starwood Property Trust, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 27, 2026		550	551,712
StepStone Group L.P.
Term Loan, 5.84%, (2 mo. USD LIBOR + 4.00%), Maturing March 27, 2025		640	639,450
Victory Capital Holdings, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing July 1, 2026		1,325	1,334,291
Virtus Investment Partners, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing June 1, 2024		589	591,307
Walker & Dunlop, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing November 7, 2025		2,283	2,292,262
			$ 26,991,997
Food Products 4.2%
Alphabet Holding Company, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 26, 2024		2,548	$ 2,387,157
Atkins Nutritionals Holdings II, Inc.
Term Loan, 5.73%, (3 mo. USD LIBOR + 3.75%), Maturing July 7, 2024		400	403,000
B&G Foods, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 10, 2026		275	276,432
Badger Buyer Corp.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 30, 2024		368	312,375
CHG PPC Parent, LLC
Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), Maturing March 31, 2025	EUR	3,125	3,462,895
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 31, 2025		518	521,030

Borrower/Tranche Description			Value
Food Products (continued)
Del Monte Foods, Inc.
Term Loan, 5.16%, (3 mo. USD LIBOR + 3.25%), Maturing February 18, 2021		2,287	$ 2,000,619
Dole Food Company, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing April 6, 2024		1,793	1,776,987
Froneri International PLC
Term Loan, 2.13%, (2 mo. EURIBOR + 2.13%), Maturing January 31, 2025	EUR	2,825	3,128,141
Hearthside Food Solutions, LLC
Term Loan, 5.39%, (1 mo. USD LIBOR + 3.69%), Maturing May 23, 2025		1,758	1,636,049
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing May 23, 2025		496	466,475
HLF Financing S.a.r.l.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing August 18, 2025		1,114	1,119,518
Jacobs Douwe Egberts International B.V.
Term Loan, 2.25%, (3 mo. EURIBOR + 1.75%, Floor 0.50%), Maturing November 1, 2025	EUR	285	316,788
Term Loan, 3.81%, (1 mo. USD LIBOR + 2.00%), Maturing November 1, 2025		1,512	1,520,283
JBS USA Lux S.A.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing May 1, 2026		4,428	4,450,810
Nomad Foods Europe Midco Limited
Term Loan, 4.02%, (1 mo. USD LIBOR + 2.25%), Maturing May 15, 2024		1,280	1,283,164
			$ 25,061,723
Food Service 2.0%
1011778 B.C. Unlimited Liability Company
Term Loan, Maturing November 19, 2026 (5)		6,075	$ 6,079,556
IRB Holding Corp.
Term Loan, 5.22%, (3 mo. USD LIBOR + 3.25%), Maturing February 5, 2025		2,277	2,281,413
NPC International, Inc.
Term Loan, 5.43%, (3 mo. USD LIBOR + 3.50%), Maturing April 19, 2024		929	462,765
Restaurant Technologies, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing October 1, 2025		223	224,289
US Foods, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing June 27, 2023		886	888,010

13 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Food Service (continued)
US Foods, Inc. (continued)
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing September 13, 2026		1,775	$ 1,781,656
			$ 11,717,689
Food / Drug Retailers 0.8%
Albertsons, LLC
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 17, 2025		426	$ 429,658
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing August 17, 2026		3,232	3,257,843
Diplomat Pharmacy, Inc.
Term Loan, 6.41%, (USD LIBOR + 4.50%), Maturing December 20,
2024 (4)		497	445,730
L1R HB Finance Limited
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 9, 2024	EUR	450	239,378
Term Loan, 6.02%, (3 mo. GBP LIBOR + 5.25%), Maturing September 2, 2024	GBP	450	288,972
			$ 4,661,581
Forest Products 0.1%
Clearwater Paper Corporation
Term Loan, 4.88%, (1 week USD LIBOR + 3.25%), Maturing July 26, 2026		350	$ 350,437
			$ 350,437
Health Care 12.2%
Acadia Healthcare Company, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing February 11, 2022		252	$ 252,762
ADMI Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 30, 2025		1,827	1,810,128
Alliance Healthcare Services, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing October 24, 2023		837	736,313
Term Loan - Second Lien, 11.70%, (1 mo. USD LIBOR + 10.00%), Maturing April 24, 2024		525	521,063
athenahealth, Inc.
Term Loan, 6.40%, (USD LIBOR + 4.50%), Maturing February 11,
2026 (4)		2,015	2,016,537
Athletico Management, LLC
Term Loan, 5.26%, (1 mo. USD LIBOR + 3.50%), Maturing October 31, 2025		571	572,114

Borrower/Tranche Description			Value
Health Care (continued)
Avantor, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 21, 2024		504	$ 508,243
BioClinica, Inc.
Term Loan, 5.94%, (1 mo. USD LIBOR + 4.25%), Maturing October 20, 2023		1,509	1,459,015
BW NHHC Holdco, Inc.
Term Loan, 6.91%, (3 mo. USD LIBOR + 5.00%), Maturing May 15, 2025		1,062	808,557
Carestream Dental Equipment, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing September 1, 2024		1,122	1,049,070
Certara L.P.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 15, 2024		980	968,363
Change Healthcare Holdings, LLC
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing March 1, 2024		5,512	5,518,840
CHG Healthcare Services, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing June 7, 2023		3,477	3,482,972
Concentra, Inc.
Term Loan, 4.54%, (3 mo. USD LIBOR + 2.50%), Maturing June 1, 2022		693	694,676
CryoLife, Inc.
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing November 14, 2024		516	519,359
CTC AcquiCo GmbH
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), Maturing March 7, 2025	EUR	903	986,724
Ensemble RCM, LLC
Term Loan, 5.66%, (3 mo. USD LIBOR + 3.75%), Maturing August 3, 2026		525	525,984
Envision Healthcare Corporation
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing October 10, 2025		6,135	4,898,735
Gentiva Health Services, Inc.
Term Loan, 5.50%, (1 mo. USD LIBOR + 3.75%), Maturing July 2, 2025		2,552	2,565,462
GHX Ultimate Parent Corporation
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing June 28, 2024		980	971,638
Greatbatch Ltd.
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing October 27, 2022		1,516	1,519,739
Grifols Worldwide Operations USA, Inc.
Term Loan, 3.77%, (1 mo. USD LIBOR + 2.00%), Maturing November 15, 2027		4,557	4,590,482

14 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Health Care (continued)
Hanger, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing March 6, 2025	1,133	$ 1,136,998
Inovalon Holdings, Inc.
Term Loan, 5.31%, (1 mo. USD LIBOR + 3.50%), Maturing April 2, 2025	1,264	1,268,791
IQVIA, Inc.
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing March 7, 2024	551	553,559
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing January 17, 2025	980	984,900
Medical Solutions, LLC
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing June 14, 2024	1,636	1,629,901
MPH Acquisition Holdings, LLC
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing June 7, 2023	3,314	3,173,728
National Mentor Holdings, Inc.
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing March 9, 2026	29	29,331
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing March 9, 2026	518	520,026
Navicure, Inc.
Term Loan, 5.70%, (1 mo. USD LIBOR + 4.00%), Maturing October 22, 2026	1,025	1,025,628
One Call Corporation
Term Loan, 7.16%, (3 mo. USD LIBOR + 5.25%), Maturing November 25, 2022	2,087	1,878,119
Ortho-Clinical Diagnostics S.A.
Term Loan, 5.31%, (3 mo. USD LIBOR + 3.25%), Maturing June 30, 2025	5,023	4,967,975
Parexel International Corporation
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing September 27, 2024	2,517	2,444,608
Phoenix Guarantor, Inc.
Term Loan, 6.27%, (1 mo. USD LIBOR + 4.50%), Maturing March 5, 2026	1,970	1,982,990
Radiology Partners Holdings, LLC
Term Loan, 6.66%, (USD LIBOR + 4.75%), Maturing July 9,
2025 (4)	621	607,424
RadNet, Inc.
Term Loan, 5.54%, (3 mo. USD LIBOR + 3.50%), Maturing June 30, 2023	1,683	1,671,594
Select Medical Corporation
Term Loan, 4.58%, (USD LIBOR + 2.50%), Maturing March 6,
2025 (4)	2,338	2,333,820

Borrower/Tranche Description		Value
Health Care (continued)
Sotera Health Holdings, LLC
Term Loan, 4.93%, (3 mo. USD LIBOR + 3.00%), Maturing May 15, 2022	891	$ 888,825
Sound Inpatient Physicians
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing June 27, 2025	494	493,750
Surgery Center Holdings, Inc.
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing September 2, 2024	1,054	1,041,977
Team Health Holdings, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing February 6, 2024	2,013	1,434,214
Tecomet, Inc.
Term Loan, 5.01%, (1 mo. USD LIBOR + 3.25%), Maturing May 1, 2024	831	832,173
U.S. Anesthesia Partners, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing June 23, 2024	1,693	1,676,116
Verscend Holding Corp.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing August 27, 2025	1,609	1,613,768
Viant Medical Holdings, Inc.
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing July 2, 2025	495	465,506
Wink Holdco, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing December 2, 2024	491	486,030
		$ 72,118,527
Home Furnishings 0.5%
Serta Simmons Bedding, LLC
Term Loan, 5.26%, (1 mo. USD LIBOR + 3.50%), Maturing November 8, 2023	5,287	$ 3,097,302
		$ 3,097,302
Industrial Equipment 5.5%
AI Alpine AT Bidco GmbH
Term Loan, 4.60%, (2 mo. USD LIBOR + 2.75%), Maturing October 31, 2025	248	$ 240,681
Altra Industrial Motion Corp.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing October 1, 2025	722	720,763
Apex Tool Group, LLC
Term Loan, 7.20%, (1 mo. USD LIBOR + 5.50%), Maturing August 1, 2024	2,535	2,419,039

15 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Industrial Equipment (continued)
Carlisle Foodservice Products, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 20, 2025		271	$ 258,716
Coherent Holding GmbH
Term Loan, 3.00%, (3 mo. EURIBOR + 2.25%, Floor 0.75%), Maturing November 7, 2023	EUR	735	816,096
CPM Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing November 17, 2025		323	311,676
Delachaux Group S.A.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing March 28, 2026	EUR	400	442,333
Term Loan, 6.50%, (3 mo. USD LIBOR + 4.50%), Maturing March 28, 2026		475	474,703
DexKo Global, Inc.
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024	EUR	325	352,465
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 24, 2024	EUR	813	881,166
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing July 24, 2024		904	893,918
DXP Enterprises, Inc.
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing August 29, 2023		539	542,032
Dynacast International, LLC
Term Loan, 5.35%, (3 mo. USD LIBOR + 3.25%), Maturing January 28, 2022		1,302	1,220,313
Engineered Machinery Holdings, Inc.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing July 19, 2024		1,819	1,797,496
Term Loan, 6.35%, (3 mo. USD LIBOR + 4.25%), Maturing July 19, 2024		323	322,562
EWT Holdings III Corp.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing December 20, 2024		2,119	2,128,614
Filtration Group Corporation
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing March 29, 2025	EUR	394	437,325
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 29, 2025		1,682	1,689,174
Gardner Denver, Inc.
Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), Maturing July 30, 2024	EUR	424	470,358
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing July 30, 2024		1,028	1,033,389
Gates Global, LLC
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), Maturing April 1, 2024	EUR	926	1,009,499

Borrower/Tranche Description			Value
Industrial Equipment (continued)
Gates Global, LLC (continued)
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 1, 2024		4,604	$ 4,597,883
Hayward Industries, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 5, 2024		485	477,732
LTI Holdings, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing September 6, 2025		495	423,844
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing July 24, 2026		200	173,500
Pro Mach Group, Inc.
Term Loan, 4.47%, (1 mo. USD LIBOR + 2.75%), Maturing March 7, 2025		246	239,109
Quimper AB
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing February 13, 2026	EUR	1,900	2,087,623
Robertshaw US Holding Corp.
Term Loan, 5.00%, (1 mo. USD LIBOR + 3.25%), Maturing February 28, 2025		1,059	939,752
Shape Technologies Group, Inc.
Term Loan, 4.93%, (3 mo. USD LIBOR + 3.00%), Maturing April 21, 2025		247	222,188
Thermon Industries, Inc.
Term Loan, 5.53%, (1 mo. USD LIBOR + 3.75%), Maturing October 24, 2024		295	296,877
Titan Acquisition Limited
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 28, 2025		3,127	2,998,092
Welbilt, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 23, 2025		1,684	1,690,018
			$ 32,608,936
Insurance 6.0%
Alliant Holdings Intermediate, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing May 9, 2025		2,551	$ 2,530,170
Term Loan, 5.02%, (1 mo. USD LIBOR + 3.25%), Maturing May 9, 2025		474	472,110
AmWINS Group, Inc.
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing January 25, 2024		3,723	3,737,851
Asurion, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing August 4, 2022		4,274	4,286,625

16 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Insurance (continued)
Asurion, LLC (continued)
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing November 3, 2023		2,288	$ 2,292,667
Term Loan - Second Lien, 8.20%, (1 mo. USD LIBOR + 6.50%), Maturing August 4, 2025		4,200	4,224,940
Financiere CEP S.A.S.
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing January 16, 2025	EUR	550	612,183
FrontDoor, Inc.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing August 16, 2025		495	495,613
Hub International Limited
Term Loan, 4.69%, (3 mo. USD LIBOR + 2.75%), Maturing April 25, 2025		5,234	5,166,282
Term Loan, 5.90%, (3 mo. USD LIBOR + 4.00%), Maturing April 25, 2025		1,900	1,904,750
NFP Corp.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing January 8, 2024		3,722	3,684,839
Sedgwick Claims Management Services, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing December 31, 2025		1,265	1,245,665
USI, Inc.
Term Loan, 5.10%, (3 mo. USD LIBOR + 3.00%), Maturing May 16, 2024		3,633	3,591,658
Term Loan, Maturing December 2, 2026 (5)		1,475	1,473,156
			$ 35,718,509
Leisure Goods / Activities / Movies 6.3%
AMC Entertainment Holdings, Inc.
Term Loan, 5.23%, (6 mo. USD LIBOR + 3.00%), Maturing April 22, 2026		1,940	$ 1,950,679
Amer Sports Oyj
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), Maturing March 30, 2026	EUR	3,625	3,995,604
Ancestry.com Operations, Inc.
Term Loan, 5.96%, (1 mo. USD LIBOR + 4.25%), Maturing August 27, 2026		3,367	3,236,108
Bombardier Recreational Products, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing May 23, 2025		4,742	4,747,809
ClubCorp Holdings, Inc.
Term Loan, 4.85%, (3 mo. USD LIBOR + 2.75%), Maturing September 18, 2024		2,410	2,208,373
Crown Finance US, Inc.
Term Loan, 2.38%, (1 mo. EURIBOR + 2.38%), Maturing February 28, 2025	EUR	293	325,390

Borrower/Tranche Description			Value
Leisure Goods / Activities / Movies (continued)
Crown Finance US, Inc. (continued)
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing February 28, 2025		1,783	$ 1,779,736
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing September 30, 2026		1,550	1,547,675
Delta 2 (LUX) S.a.r.l.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing February 1, 2024		1,780	1,768,567
Emerald Expositions Holding, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 22, 2024		1,178	1,127,578
Etraveli Holding AB
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), Maturing August 2, 2024	EUR	950	1,053,157
Lindblad Expeditions, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing March 27, 2025		342	343,187
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing March 27, 2025		1,369	1,372,746
Match Group, Inc.
Term Loan, 4.44%, (3 mo. USD LIBOR + 2.50%), Maturing November 16, 2022		558	558,858
Motion Finco S.a.r.l.
Term Loan, Maturing
November 13, 2026 (5)		70	70,336
Term Loan, Maturing
November 13, 2026 (5)		530	535,164
Term Loan, Maturing
November 13, 2026 (5)	EUR	1,425	1,584,273
NASCAR Holdings, Inc.
Term Loan, 4.51%, (1 mo. USD LIBOR + 2.75%), Maturing October 19, 2026		766	771,881
SeaWorld Parks & Entertainment, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing March 31, 2024		1,929	1,929,558
SRAM, LLC
Term Loan, 4.51%, (USD LIBOR + 2.75%), Maturing March 15,
2024 (4)		1,362	1,369,144
Steinway Musical Instruments, Inc.
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing February 14, 2025		911	905,431
Travel Leaders Group, LLC
Term Loan, 5.71%, (1 mo. USD LIBOR + 4.00%), Maturing January 25, 2024		988	990,586
UFC Holdings, LLC
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing April 29, 2026		2,325	2,338,966

17 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Leisure Goods / Activities / Movies (continued)
Vue International Bidco PLC
Term Loan, 4.75%, (3 mo. EURIBOR + 4.75%), Maturing June 14, 2026	EUR	678	$ 752,483
Term Loan, Maturing June 18, 2026 (5)	EUR	122	135,304
			$ 37,398,593
Lodging and Casinos 4.9%
Aimbridge Acquisition Co., Inc.
Term Loan, 5.46%, (1 mo. USD LIBOR + 3.75%), Maturing February 2, 2026		274	$ 274,644
Aristocrat Technologies, Inc.
Term Loan, 3.72%, (3 mo. USD LIBOR + 1.75%), Maturing October 19, 2024		1,040	1,045,354
Azelis Finance S.A.
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), Maturing November 7, 2025	EUR	2,000	2,214,761
Boyd Gaming Corporation
Term Loan, 3.85%, (1 week USD LIBOR + 2.25%), Maturing September 15, 2023		930	934,059
CityCenter Holdings, LLC
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing April 18, 2024		2,668	2,675,849
Eldorado Resorts, LLC
Term Loan, 4.01%, (1 mo. USD LIBOR + 2.25%), Maturing April 17, 2024		800	799,651
ESH Hospitality, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing September 18, 2026		730	732,833
Golden Nugget, Inc.
Term Loan, 4.68%, (USD LIBOR + 2.75%), Maturing October 4,
2023 (4)		5,157	5,165,421
GVC Holdings PLC
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), Maturing March 29, 2024	EUR	1,875	2,076,016
Term Loan, 4.45%, (6 mo. USD LIBOR + 2.25%), Maturing March 29, 2024		1,182	1,182,000
Hanjin International Corp.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing October 18, 2020		550	545,875
MGM Growth Properties Operating Partnership L.P.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing March 21, 2025		1,486	1,492,678
Playa Resorts Holding B.V.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing April 29, 2024		2,596	2,540,508

Borrower/Tranche Description			Value
Lodging and Casinos (continued)
Stars Group Holdings B.V. (The)
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), Maturing July 10, 2025	EUR	1,000	$ 1,112,579
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing July 10, 2025		3,748	3,770,482
VICI Properties 1, LLC
Term Loan, 3.72%, (1 mo. USD LIBOR + 2.00%), Maturing December 20, 2024		2,315	2,326,106
			$ 28,888,816
Nonferrous Metals / Minerals 0.6%
CD&R Hydra Buyer, Inc.
Term Loan, 7.50%, (0.00% cash, 7.50% PIK), Maturing August 15, 2021 (3)(7)		151	$ 120,828
Murray Energy Corporation
DIP Loan, 7.43%, (1 mo. USD LIBOR + 11.00%), Maturing July 29, 2020 (2)		576	588,983
Term Loan, 0.00%, Maturing October 17,
2022 (6)		2,068	524,748
Noranda Aluminum Acquisition Corporation
Term Loan, 0.00%, Maturing February 28,
2020 (6)		942	56,517
Oxbow Carbon, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 4, 2023		1,412	1,411,281
Rain Carbon GmbH
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), Maturing January 16, 2025	EUR	1,025	1,077,486
			$ 3,779,843
Oil and Gas 4.5%
Ameriforge Group, Inc.
Term Loan, 9.10%, (3 mo. USD LIBOR + 7.00%), Maturing June 8, 2022 (3)		760	$ 758,185
Apergy Corporation
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing May 9, 2025		267	266,899
Blackstone CQP Holdco L.P.
Term Loan, 5.66%, (3 mo. USD LIBOR + 3.50%), Maturing September 30, 2024		1,047	1,048,030
Buckeye Partners L.P.
Term Loan, 4.53%, (1 mo. USD LIBOR + 2.75%), Maturing November 1, 2026		2,850	2,876,362
Centurion Pipeline Company, LLC
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing September 29, 2025		273	271,573

18 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Oil and Gas (continued)
CITGO Holding, Inc.
Term Loan, 8.70%, (1 mo. USD LIBOR + 7.00%), Maturing August 1, 2023	275	$ 278,552
CITGO Petroleum Corporation
Term Loan, 6.60%, (3 mo. USD LIBOR + 4.50%), Maturing July 29, 2021	1,845	1,854,801
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing March 28, 2024	3,259	3,295,285
Delek US Holdings, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing March 31, 2025	1,393	1,377,616
Equitrans Midstream Corporation
Term Loan, 6.21%, (1 mo. USD LIBOR + 4.50%), Maturing January 31, 2024	2,010	1,924,395
Fieldwood Energy, LLC
Term Loan, 7.18%, (3 mo. USD LIBOR + 5.25%), Maturing April 11, 2022	2,775	2,261,471
Matador Bidco S.a.r.l.
Term Loan, 6.45%, (1 mo. USD LIBOR + 4.75%), Maturing June 12, 2026	3,050	3,059,531
McDermott Technology Americas, Inc.
Term Loan, 5.37%, (2 mo. USD LIBOR + 10.00%), Maturing October 21, 2021 (2)	775	780,813
Term Loan, 7.10%, (3 mo. USD LIBOR + 5.00%), Maturing May 9, 2025	2,253	1,104,536
Prairie ECI Acquiror L.P.
Term Loan, 6.85%, (3 mo. USD LIBOR + 4.75%), Maturing March 11, 2026	2,438	2,366,405
PSC Industrial Holdings Corp.
Term Loan, 5.52%, (1 mo. USD LIBOR + 3.75%), Maturing October 11, 2024	761	751,920
Sheridan Investment Partners II L.P.
DIP Loan, 8.74%, (1 mo. USD LIBOR + 7.00%), Maturing March 19, 2020	90	89,778
DIP Loan, 8.77%, (1 mo. USD LIBOR + 7.00%), Maturing March 19, 2020	90	89,778
Term Loan, 0.00%, Maturing December 16,
2020 (6)	34	12,248
Term Loan, 0.00%, Maturing December 16,
2020 (6)	92	32,842
Term Loan, 0.00%, Maturing December 16,
2020 (6)	660	236,092
Sheridan Production Partners I, LLC
Term Loan, 0.00%, Maturing December 9,
2019 (6)	122	67,082
Term Loan, 0.00%, Maturing December 9,
2019 (6)	200	109,826
Term Loan, 0.00%, Maturing December 9,
2019 (6)	1,507	828,822
UGI Energy Services, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing August 13, 2026	1,097	1,103,194
		$ 26,846,036

Borrower/Tranche Description		Value
Publishing 1.0%
Ascend Learning, LLC
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 12, 2024	1,201	$ 1,204,752
Getty Images, Inc.
Term Loan, 6.25%, (1 mo. USD LIBOR + 4.50%), Maturing February 19, 2026	1,762	1,703,698
Harland Clarke Holdings Corp.
Term Loan, 6.85%, (3 mo. USD LIBOR + 4.75%), Maturing November 3, 2023	879	666,723
LSC Communications, Inc.
Term Loan, 7.09%, (1 week USD LIBOR + 5.50%), Maturing September 30, 2022	821	507,533
ProQuest, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing October 23, 2026	1,675	1,679,187
Tweddle Group, Inc.
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing September 17, 2023	216	196,223
		$ 5,958,116
Radio and Television 2.9%
Cumulus Media New Holdings, Inc.
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing March 31, 2026	575	$ 579,097
Diamond Sports Group, LLC
Term Loan, 4.96%, (1 mo. USD LIBOR + 3.25%), Maturing August 24, 2026	3,200	3,197,334
E.W. Scripps Company (The)
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing May 1, 2026	323	324,507
Entercom Media Corp.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 18, 2024	1,066	1,071,464
Entravision Communications Corporation
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing November 29, 2024	956	928,590
Gray Television, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing February 7, 2024	255	255,687
Term Loan, 4.28%, (1 mo. USD LIBOR + 2.50%), Maturing January 2, 2026	691	694,319
Hubbard Radio, LLC
Term Loan, 5.21%, (1 mo. USD LIBOR + 3.50%), Maturing March 28, 2025	809	808,964
iHeartCommunications, Inc.
Term Loan, 5.78%, (1 mo. USD LIBOR + 4.00%), Maturing May 1, 2026	1,926	1,941,118

19 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description		Value
Radio and Television (continued)
Mission Broadcasting, Inc.
Term Loan, 4.03%, (1 mo. USD LIBOR + 2.25%), Maturing January 17, 2024	358	$ 359,133
Nexstar Broadcasting, Inc.
Term Loan, 3.95%, (1 mo. USD LIBOR + 2.25%), Maturing January 17, 2024	1,804	1,807,365
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing September 18, 2026	525	527,672
Sinclair Television Group, Inc.
Term Loan, 3.96%, (1 mo. USD LIBOR + 2.25%), Maturing January 3, 2024	538	539,427
Term Loan, 4.27%, (1 mo. USD LIBOR + 2.50%), Maturing September 30, 2026	675	678,789
Univision Communications, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing March 15, 2024	3,793	3,720,064
		$ 17,433,530
Rail Industries 0.2%
Genesee & Wyoming, Inc.
Term Loan, Maturing November 6, 2026 (5)	1,000	$ 1,008,125
		$ 1,008,125
Retailers (Except Food and Drug) 3.0%
Allsups Convenience Stores, Inc.
Term Loan, 8.02%, (1 mo. USD LIBOR + 6.25%), Maturing November 18, 2024	675	$ 654,750
Apro, LLC
Term Loan, 0.00%, Maturing November 14,
2026 (2)	150	150,188
Term Loan, 5.84%, (3 mo. USD LIBOR + 4.00%), Maturing November 14, 2026	525	525,656
Ascena Retail Group, Inc.
Term Loan, 6.25%, (1 mo. USD LIBOR + 4.50%), Maturing August 21, 2022	2,370	1,474,188
Bass Pro Group, LLC
Term Loan, 6.70%, (1 mo. USD LIBOR + 5.00%), Maturing September 25, 2024	1,397	1,375,988
BJs Wholesale Club, Inc.
Term Loan, 4.51%, (1 mo. USD LIBOR + 2.75%), Maturing February 3, 2024	855	857,918
Coinamatic Canada, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing May 14, 2022	46	45,217
Davids Bridal, Inc.
Term Loan, 4.10%, (3 mo. USD LIBOR + 2.00%), Maturing December 31, 2019	33	32,452

Borrower/Tranche Description		Value
Retailers (Except Food and Drug) (continued)
Davids Bridal, Inc. (continued)
Term Loan, 7.92%, (3 mo. USD LIBOR + 6.00%), Maturing June 30, 2023	327	$ 327,272
Term Loan, 9.61%, (3 mo. USD LIBOR + 7.50%), Maturing July 17, 2023	267	230,069
Term Loan, 10.11%, (3 mo. USD LIBOR + 8.00%), Maturing January 18, 2024	1,014	420,642
Global Appliance, Inc.
Term Loan, 5.71%, (1 mo. USD LIBOR + 4.00%), Maturing September 29, 2024	998	976,738
Hoya Midco, LLC
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing June 30, 2024	2,072	2,035,907
J. Crew Group, Inc.
Term Loan, 4.85%, (USD LIBOR + 3.00%), Maturing March 5,
2021 (3)(4)	3,098	2,442,588
LSF9 Atlantis Holdings, LLC
Term Loan, 7.76%, (1 mo. USD LIBOR + 6.00%), Maturing May 1, 2023	1,038	964,808
PetSmart, Inc.
Term Loan, 5.77%, (1 mo. USD LIBOR + 4.00%), Maturing March 11, 2022	3,627	3,533,894
PFS Holding Corporation
Term Loan, 5.41%, (3 mo. USD LIBOR + 3.50%), Maturing January 31, 2021	2,338	900,209
Pier 1 Imports (U.S.), Inc.
Term Loan, 5.70%, (6 mo. USD LIBOR + 3.50%), Maturing April 30, 2021	545	138,927
Radio Systems Corporation
Term Loan, 4.50%, (1 mo. USD LIBOR + 2.75%), Maturing May 2, 2024	440	435,476
		$ 17,522,887
Steel 1.1%
Atkore International, Inc.
Term Loan, 4.86%, (3 mo. USD LIBOR + 2.75%), Maturing December 22, 2023	1,320	$ 1,323,954
GrafTech Finance, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing February 12, 2025	2,781	2,718,740
Neenah Foundry Company
Term Loan, 8.35%, (2 mo. USD LIBOR + 6.50%), Maturing December 13, 2022	747	731,937
Phoenix Services International, LLC
Term Loan, 5.51%, (1 mo. USD LIBOR + 3.75%), Maturing March 1, 2025	887	815,580

20 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description			Value
Steel (continued)
Zekelman Industries, Inc.
Term Loan, 3.97%, (1 mo. USD LIBOR + 2.25%), Maturing June 14, 2021		1,203	$ 1,203,907
			$ 6,794,118
Surface Transport 0.9%
1199169 B.C. Unlimited Liability Company
Term Loan, 6.10%, (3 mo. USD LIBOR + 4.00%), Maturing April 6, 2026		288	$ 290,114
Agro Merchants NAI Holdings, LLC
Term Loan, 5.85%, (3 mo. USD LIBOR + 3.75%), Maturing December 6, 2024		393	390,246
Hertz Corporation (The)
Term Loan, 4.46%, (1 mo. USD LIBOR + 2.75%), Maturing June 30, 2023		1,090	1,095,073
Kenan Advantage Group, Inc.
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022		118	115,476
Term Loan, 4.70%, (1 mo. USD LIBOR + 3.00%), Maturing July 31, 2022		387	379,735
PODS, LLC
Term Loan, 4.52%, (1 mo. USD LIBOR + 2.75%), Maturing December 6, 2024		662	663,157
Stena International S.a.r.l.
Term Loan, 5.11%, (3 mo. USD LIBOR + 3.00%), Maturing March 3, 2021		1,654	1,613,784
XPO Logistics, Inc.
Term Loan, 3.70%, (1 mo. USD LIBOR + 2.00%), Maturing February 24, 2025		650	652,618
			$ 5,200,203
Telecommunications 5.8%
CenturyLink, Inc.
Term Loan, 4.45%, (1 mo. USD LIBOR + 2.75%), Maturing January 31, 2025		5,477	$ 5,482,575
Colorado Buyer, Inc.
Term Loan, 4.77%, (1 mo. USD LIBOR + 3.00%), Maturing May 1, 2024		1,666	1,398,576
Digicel International Finance Limited
Term Loan, 5.34%, (6 mo. USD LIBOR + 3.25%), Maturing May 28, 2024		1,789	1,507,935
eircom Holdings (Ireland) Limited
Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), Maturing May 15, 2026	EUR	1,706	1,888,890
Gamma Infrastructure III B.V.
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), Maturing January 9, 2025	EUR	1,650	1,804,172

Borrower/Tranche Description			Value
Telecommunications (continued)
Global Eagle Entertainment, Inc.
Term Loan, 9.71%, (USD LIBOR + 7.50%), Maturing January 6,
2023 (4)		2,711	$ 2,460,114
Intelsat Jackson Holdings S.A.
Term Loan, 5.68%, (6 mo. USD LIBOR + 3.75%), Maturing November 27, 2023		2,400	2,368,500
Term Loan, 6.43%, (6 mo. USD LIBOR + 4.50%), Maturing January 2, 2024		1,600	1,591,000
IPC Corp.
Term Loan, 6.43%, (3 mo. USD LIBOR + 4.50%), Maturing August 6, 2021		1,230	1,023,193
Matterhorn Telecom S.A.
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), Maturing September 30, 2026	EUR	475	527,933
Onvoy, LLC
Term Loan, 6.20%, (1 mo. USD LIBOR + 4.50%), Maturing February 10, 2024		1,755	1,478,588
Plantronics, Inc.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing July 2, 2025		1,327	1,256,777
Sprint Communications, Inc.
Term Loan, 4.25%, (1 mo. USD LIBOR + 2.50%), Maturing February 2, 2024		3,705	3,667,950
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.00%), Maturing February 2, 2024		819	817,959
Syniverse Holdings, Inc.
Term Loan, 6.85%, (2 mo. USD LIBOR + 5.00%), Maturing March 9, 2023		1,034	920,267
Telesat Canada
Term Loan, 4.61%, (3 mo. USD LIBOR + 2.50%), Maturing November 17, 2023		4,989	5,000,484
Term Loan, 4.63%, (3 mo. USD LIBOR + 2.75%), Maturing December 7,
2026		1,450	1,446,375
			$ 34,641,288
Utilities 2.5%
Brookfield WEC Holdings, Inc.
Term Loan, 5.20%, (1 mo. USD LIBOR + 3.50%), Maturing August 1, 2025		2,407	$ 2,413,205
Calpine Construction Finance Company L.P.
Term Loan, 4.20%, (1 mo. USD LIBOR + 2.50%), Maturing January 15, 2025		951	954,418
Calpine Corporation
Term Loan, 4.61%, (3 mo. USD LIBOR + 2.50%), Maturing January 15, 2024		3,375	3,388,145
Term Loan, 4.86%, (3 mo. USD LIBOR + 2.75%), Maturing April 5, 2026		948	951,652

21 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Borrower/Tranche Description	Principal Amount* (000s omitted)	Value
Utilities (continued)
Granite Acquisition, Inc.
Term Loan, 5.60%, (3 mo. USD LIBOR + 3.50%), Maturing December 19, 2021	2,634	$ 2,642,423
Lightstone Holdco, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 30, 2024	86	77,701
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing January 30, 2024	1,524	1,377,632
Longview Power, LLC
Term Loan, 7.93%, (3 mo. USD LIBOR + 6.00%), Maturing April 13, 2021	3,160	1,779,991
Talen Energy Supply, LLC
Term Loan, 5.45%, (1 mo. USD LIBOR + 3.75%), Maturing July 8, 2026	800	796,000
USIC Holdings, Inc.
Term Loan, 4.95%, (1 mo. USD LIBOR + 3.25%), Maturing December 8, 2023	197	195,091
		$ 14,576,258
Total Senior Floating-Rate Loans (identified cost
$825,280,535)		$ 791,123,043
Corporate Bonds & Notes 11.1%
Security	Principal Amount* (000s omitted)	Value
Aerospace and Defense 0.3%
Huntington Ingalls Industries, Inc.
5.00%, 11/15/25 (8)	10	$ 10,504
TransDigm, Inc.
6.50%, 7/15/24	1,038	1,073,022
6.25%, 3/15/26 (8)	400	430,250
7.50%, 3/15/27	563	610,755
		$ 2,124,531
Automotive 0.3%
Navistar International Corp.,
6.625%, 11/1/25 (8)	596	$ 615,370
Panther BF Aggregator 2 L.P./Panther Finance Co., Inc.
8.50%,
5/15/27 (8)	958	980,776
		$ 1,596,146

Security		Value
Building and Development 0.2%
Builders FirstSource, Inc.
5.625%, 9/1/24 (8)	5	$ 5,212
Core & Main Holdings, L.P.
8.625%, (8.625% cash or 9.375% PIK),
9/15/24 (8)(9)	69	71,444
Hillman Group, Inc. (The)
6.375%, 7/15/22 (8)	53	48,909
Reliance Intermediate Holdings, L.P.
6.50%, 4/1/23 (8)	120	123,950
Standard Industries, Inc.
6.00%, 10/15/25 (8)	50	52,437
5.00%, 2/15/27 (8)	958	996,150
TRI Pointe Group, Inc./TRI Pointe Homes, Inc.
5.875%, 6/15/24	8	8,643
		$ 1,306,745
Business Equipment and Services 0.7%
Allied Universal Holdco, LLC/Allied Universal Finance Corp.
6.625%, 7/15/26 (8)	958	$ 1,014,880
EIG Investors Corp.
10.875%, 2/1/24	958	944,028
Prime Security Services Borrower, LLC/Prime Finance, Inc.
5.25%, 4/15/24 (8)	750	774,368
5.75%, 4/15/26 (8)	750	784,795
ServiceMaster Co., LLC (The)
7.45%, 8/15/27	427	482,872
		$ 4,000,943
Cable and Satellite Television 0.7%
Altice France S.A.
8.125%, 2/1/27 (8)	958	$ 1,063,404
5.50%, 1/15/28 (8)	200	202,505
Altice Luxembourg S.A.
10.50%, 5/15/27 (8)	475	539,849
Cablevision Systems Corp.
5.875%, 9/15/22	15	16,200
CCO Holdings, LLC/CCO Holdings Capital Corp.
5.25%, 9/30/22	26	26,406
5.75%, 1/15/24	2	2,048
5.375%, 5/1/25 (8)	95	98,562
5.75%, 2/15/26 (8)	45	47,634
5.50%, 5/1/26 (8)	958	1,012,915
CSC Holdings, LLC
5.25%, 6/1/24	10	10,775

22 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security		Value
Cable and Satellite Television (continued)
DISH DBS Corp.
6.75%, 6/1/21	20	$ 21,118
5.875%, 7/15/22	983	1,029,686
5.875%, 11/15/24	5	5,006
TEGNA, Inc.
5.00%,
9/15/29 (8)	74	74,185
		$ 4,150,293
Chemicals and Plastics
0.0% (10)
W.R. Grace & Co.
5.125%, 10/1/21 (8)	30	$ 31,193
5.625%,
10/1/24 (8)	15	16,356
		$ 47,549
Conglomerates 0.0% (10)
Spectrum Brands, Inc.
5.75%, 7/15/25	75	$ 78,725
5.00%,
10/1/29 (8)	30	30,686
		$ 109,411
Consumer Products
0.0% (10)
Central Garden & Pet Co.
6.125%, 11/15/23	25	$ 25,885
		$ 25,885
Containers and Glass Products 1.1%
Berry Global, Inc.
6.00%, 10/15/22	19	$ 19,386
Owens-Brockway Glass Container, Inc.
5.875%, 8/15/23 (8)	14	14,858
Reynolds Group Issuer, Inc./Reynolds Group Issuer, LLC
5.75%, 10/15/20	4,216	4,225,947
5.501%, (3 mo. USD LIBOR + 3.50%),
7/15/21 (8)(11)	1,050	1,054,987
7.00%,
7/15/24 (8)	958	993,326
		$ 6,308,504
Distribution & Wholesale
0.0% (10)
Performance Food Group, Inc.
5.50%,
10/15/27 (8)	68	$ 72,422
		$ 72,422

Security		Value
Diversified Financial Services 0.1%
GEMS MENASA Cayman, Ltd./GEMS Education Delaware, LLC
7.125%,
7/31/26 (8)	458	$ 483,132
		$ 483,132
Drugs 0.9%
Bausch Health Americas, Inc.
8.50%, 1/31/27 (8)	206	$ 233,815
Bausch Health Cos., Inc.
6.50%, 3/15/22 (8)	887	911,393
7.00%, 3/15/24 (8)	1,153	1,209,197
5.50%, 11/1/25 (8)	1,875	1,964,062
7.00%, 1/15/28 (8)	752	825,679
Jaguar Holding Co. II/Pharmaceutical Product Development, LLC
6.375%,
8/1/23 (8)	75	77,812
		$ 5,221,958
Ecological Services and Equipment 0.2%
Covanta Holding Corp.
5.875%, 3/1/24	25	$ 25,823
GFL Environmental, Inc.
8.50%,
5/1/27 (8)	958	1,021,829
		$ 1,047,652
Electronics / Electrical 0.3%
CommScope, Inc.
6.00%, 3/1/26 (8)	1,000	$ 1,049,376
Energizer Holdings, Inc.
7.75%, 1/15/27 (8)	759	849,945
Infor (US), Inc.
6.50%, 5/15/22	50	51,065
Sensata Technologies, Inc.
4.375%,
2/15/30 (8)	45	44,999
		$ 1,995,385
Entertainment 0.2%
Merlin Entertainments PLC
5.75%,
6/15/26 (8)	958	$ 1,034,973
		$ 1,034,973

23 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security			Value
Financial Intermediaries 0.2%
Icahn Enterprises, L.P./Icahn Enterprises Finance Corp.
6.25%, 2/1/22		40	$ 40,900
6.25%, 5/15/26		958	1,020,868
JPMorgan Chase & Co.
Series S, 6.75% to 2/1/24 (12)(13)		80	90,157
Navient Corp.
5.00%, 10/26/20		30	30,647
			$ 1,182,572
Food Products 0.2%
Iceland Bondco PLC
5.035%, (3 mo. GBP LIBOR + 4.25%),
7/15/20 (8)(11)	GBP	187	$ 241,033
JBS USA LUX SA/JBS USA Food Co./JBS USA Finance, Inc.
5.50%, 1/15/30 (8)		237	253,376
Post Holdings, Inc.
8.00%, 7/15/25 (8)		20	21,358
5.625%,
1/15/28 (8)		958	1,024,890
			$ 1,540,657
Food Service 0.0% (10)
Yum! Brands, Inc.
4.75%,
1/15/30 (8)		142	$ 147,329
			$ 147,329
Food / Drug Retailers 0.1%
Fresh Market, Inc. (The)
9.75%,
5/1/23 (8)		1,300	$ 741,000
			$ 741,000
Health Care 1.0%
Avantor, Inc.
6.00%, 10/1/24 (8)		1,425	$ 1,530,079
Centene Corp.
4.75%, 5/15/22		20	20,450
Eagle Holding Co. II, LLC
7.75%, (7.75% cash or 8.50% PIK),
5/15/22 (8)(9)		958	975,956
HCA Healthcare, Inc.
6.25%, 2/15/21		90	94,478
HCA, Inc.
5.875%, 2/15/26		25	28,282
5.375%, 9/1/26		958	1,063,404

Security		Value
Health Care (continued)
Hologic, Inc.
4.375%, 10/15/25 (8)	30	$ 30,975
RegionalCare Hospital Partners Holdings, Inc.
8.25%, 5/1/23 (8)	1,850	1,966,781
Tenet Healthcare Corp.
8.125%, 4/1/22	45	49,275
6.75%, 6/15/23	10	10,825
		$ 5,770,505
Insurance 0.2%
AssuredPartners, Inc.
7.00%,
8/15/25 (8)	958	$ 957,990
		$ 957,990
Internet Software & Services 0.1%
Netflix, Inc.
5.50%, 2/15/22	45	$ 47,643
5.875%, 2/15/25	55	60,376
5.375%, 11/15/29 (8)	240	253,230
Riverbed Technology, Inc.
8.875%,
3/1/23 (8)	33	15,180
		$ 376,429
Leisure Goods / Activities / Movies 0.3%
Mattel, Inc.
6.75%, 12/31/25 (8)	726	$ 762,300
Sabre GLBL, Inc.
5.375%, 4/15/23 (8)	25	25,687
5.25%, 11/15/23 (8)	40	41,100
Viking Cruises, Ltd.
6.25%, 5/15/25 (8)	45	47,044
5.875%,
9/15/27 (8)	958	1,027,285
		$ 1,903,416
Lodging and Casinos 0.7%
Caesars Resort Collection, LLC/CRC Finco, Inc.
5.25%, 10/15/25 (8)	958	$ 992,450
ESH Hospitality, Inc.
5.25%, 5/1/25 (8)	35	36,225
4.625%, 10/1/27 (8)	91	91,666
Golden Nugget, Inc.
8.75%, 10/1/25 (8)	503	534,432

24 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security		Value
Lodging and Casinos (continued)
MGM Growth Properties Operating Partnership, L.P./MGP Finance Co-Issuer, Inc.
5.625%, 5/1/24	15	$ 16,538
MGM Resorts International
6.625%, 12/15/21	90	98,078
7.75%, 3/15/22	25	28,094
RHP Hotel Properties, L.P./RHP Finance Corp.
5.00%, 4/15/23	30	30,762
Stars Group Holdings B.V./Stars Group US Co-Borrower, LLC
7.00%, 7/15/26 (8)	958	1,036,865
Wynn Las Vegas, LLC/Wynn Las Vegas Capital Corp.
5.25%, 5/15/27 (8)	958	999,912
Wynn Resorts Finance, LLC/Wynn Resorts Capital Corp.
5.125%,
10/1/29 (8)	88	93,335
		$ 3,958,357
Nonferrous Metals / Minerals
0.0% (10)
New Gold, Inc.
6.25%,
11/15/22 (8)	12	$ 11,970
		$ 11,970
Oil and Gas 1.3%
Antero Resources Corp.
5.375%, 11/1/21	100	$ 92,600
5.625%, 6/1/23	5	3,550
Ascent Resources Utica Holdings, LLC/ARU Finance Corp.
10.00%, 4/1/22 (8)	958	922,069
Centennial Resource Production, LLC
6.875%, 4/1/27 (8)	958	936,380
CITGO Petroleum Corp.
6.25%, 8/15/22 (8)	775	785,651
CVR Refining, LLC/Coffeyville Finance, Inc.
6.50%, 11/1/22	130	131,949
Energy Transfer Operating, L.P.
5.875%, 1/15/24	35	38,568
Hilcorp Energy I, L.P./Hilcorp Finance Co.
6.25%, 11/1/28 (8)	958	808,626
Neptune Energy Bondco PLC
6.625%, 5/15/25 (8)	1,065	1,063,711
Newfield Exploration Co.
5.625%, 7/1/24	130	141,956

Security		Value
Oil and Gas (continued)
Parsley Energy, LLC/Parsley Finance Corp.
5.25%, 8/15/25 (8)	15	$ 15,274
5.625%, 10/15/27 (8)	288	298,447
PBF Logistics, L.P./PBF Logistics Finance Corp.
6.875%, 5/15/23	50	51,642
Precision Drilling Corp.
6.50%, 12/15/21	1,307	1,300,540
Seven Generations Energy, Ltd.
6.75%, 5/1/23 (8)	65	67,058
6.875%, 6/30/23 (8)	30	30,837
Tervita Corp.
7.625%, 12/1/21 (8)	977	979,091
Williams Cos., Inc. (The)
4.55%, 6/24/24	5	5,354
		$ 7,673,303
Radio and Television 0.3%
iHeartCommunications, Inc.
6.375%, 5/1/26	208	$ 224,631
8.375%, 5/1/27	376	411,077
Nielsen Co. Luxembourg S.a.r.l. (The)
5.50%, 10/1/21 (8)	35	35,122
Sirius XM Radio, Inc.
5.00%, 8/1/27 (8)	958	1,010,714
Univision Communications, Inc.
6.75%,
9/15/22 (8)	270	274,134
		$ 1,955,678
Retailers (Except Food and Drug)
0.0% (10)
Party City Holdings, Inc.
6.125%, 8/15/23 (8)	17	$ 13,055
6.625%,
8/1/26 (8)	181	109,020
		$ 122,075
Road & Rail
0.0% (10)
Watco Cos., LLC/Watco Finance Corp.
6.375%,
4/1/23 (8)	45	$ 45,862
		$ 45,862
Software and Services
0.0% (10)
IHS Markit, Ltd.
5.00%,
11/1/22 (8)	60	$ 63,989
		$ 63,989

25 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security		Value
Steel 0.2%
Allegheny Technologies, Inc.
7.875%, 8/15/23	1,065	$ 1,186,133
		$ 1,186,133
Surface Transport 0.2%
DAE Funding, LLC
5.00%, 8/1/24 (8)	958	$ 1,003,495
XPO Logistics, Inc.
6.50%,
6/15/22 (8)	56	57,448
		$ 1,060,943
Telecommunications 0.9%
CenturyLink, Inc.
6.75%, 12/1/23	40	$ 44,600
CommScope Technologies, LLC
6.00%, 6/15/25 (8)	29	28,058
5.00%, 3/15/27 (8)	963	847,483
Digicel International Finance, Ltd./Digicel Holdings Bermuda, Ltd.
8.75%, 5/25/24 (8)	600	574,251
Hughes Satellite Systems Corp.
6.625%, 8/1/26	958	1,054,133
Intelsat Jackson Holdings S.A.
5.50%, 8/1/23	25	19,930
8.50%, 10/15/24 (8)	490	404,250
Level 3 Financing, Inc.
5.375%, 1/15/24	25	25,479
Sprint Communications, Inc.
7.00%, 8/15/20	149	152,800
6.00%, 11/15/22	5	5,275
Sprint Corp.
7.25%, 9/15/21	230	244,432
7.875%, 9/15/23	1,423	1,567,968
7.625%, 2/15/25	354	388,621
T-Mobile USA, Inc.
6.375%, 3/1/25	35	36,400
6.50%, 1/15/26	110	117,978
		$ 5,511,658
Utilities 0.4%
Calpine Corp.
5.25%, 6/1/26 (8)	2,108	$ 2,208,030

Security	Principal Amount* (000s omitted)	Value
Utilities (continued)
Vistra Energy Corp.
8.125%,
1/30/26 (8)	25	$ 26,875
		$ 2,234,905
Total Corporate Bonds & Notes (identified cost
$65,323,149)		$ 65,970,300
Asset-Backed Securities 4.9%
Security	Principal Amount (000s omitted)	Value
Ares LII CLO, Ltd.
Series 2019-52A, Class E, 8.503%, (3 mo. USD LIBOR + 6.55%), 4/22/31 (8)(11)	$ 500	$ 493,713
Ares XXXIIR CLO, Ltd.
Series 2014-32RA, Class D, 7.76%, (3 mo. USD LIBOR + 5.85%), 5/15/30 (8)(11)	2,000	1,852,981
Bardot CLO, Ltd.
Series 2019-2A, Class E, 8.816%, (3 mo. USD LIBOR + 6.95%), 10/22/32 (8)(11)	1,000	969,146
Benefit Street Partners CLO XVII, Ltd.
Series 2019-17A, Class E, 8.601%, (3 mo. USD LIBOR + 6.60%), 7/15/32 (8)(11)	1,000	949,611
Benefit Street Partners CLO XVIII, Ltd.
Series 2019-18A, Class E, 8.809%, (3 mo. USD LIBOR + 6.90%), 10/15/32 (8)(11)	1,000	975,878
BlueMountain CLO XXV, Ltd.
Series 2019-25A, Class E, 8.986%, (3 mo. USD LIBOR + 6.70%), 7/15/32 (8)(11)	1,000	965,569
BlueMountain CLO XXVI, Ltd.
Series 2019-26A, Class E, 9.526%, (3 mo. USD LIBOR + 7.70%), 10/20/32 (8)(11)	1,500	1,484,537
Canyon Capital CLO, Ltd.
Series 2019-2A, Class E, 9.238%, (3 mo. USD LIBOR + 7.15%), 10/15/32 (8)(11)	400	391,758
Carlyle Global Market Strategies CLO, Ltd.
Series 2012-3A, Class DR2, 8.486%, (3 mo. USD LIBOR + 6.50%), 1/14/32 (8)(11)	1,200	1,069,349
Series 2015-5A, Class DR, 8.666%, (3 mo. USD LIBOR + 6.70%), 1/20/32 (8)(11)	500	458,471
Cedar Funding X CLO, Ltd.
Series 2019-10A, Class E, 9.131%, (3 mo. USD LIBOR + 7.00%), 10/20/32 (8)(11)	1,000	995,496
Dryden 40 Senior Loan Fund
Series 2015-40A, Class ER, 7.66%, (3 mo. USD LIBOR + 5.75%), 8/15/31 (8)(11)	1,000	921,987

26 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security	Principal Amount (000s omitted)	Value
Fort Washington CLO, Ltd.
Series 2019-1A, Class E, 9.158%, (3 mo. USD LIBOR + 7.25%), 10/20/32 (8)(11)	$ 1,000	$ 956,403
Galaxy XV CLO, Ltd.
Series 2013-15A, Class ER, 8.646%, (3 mo. USD LIBOR + 6.65%), 10/15/30 (8)(11)	1,000	885,525
Galaxy XXI CLO, Ltd.
Series 2015-21A, Class ER, 7.216%, (3 mo. USD LIBOR + 5.25%), 4/20/31 (8)(11)	1,000	888,503
Galaxy XXV CLO, Ltd.
Series 2018-25A, Class E, 7.89%, (3 mo. USD LIBOR + 5.95%), 10/25/31 (8)(11)	250	234,686
Golub Capital Partners CLO, Ltd.
Series 2015-23A, Class ER, 7.716%, (3 mo. USD LIBOR + 5.75%), 1/20/31 (8)(11)	1,200	1,029,406
Kayne CLO, Ltd.
Series 2019-5A, Class E, 8.881%, (3 mo. USD LIBOR + 6.70%), 7/24/32 (8)(11)	1,000	937,214
Madison Park Funding XXXVII, Ltd.
Series 2019-37A, Class E, 8.853%, (3 mo. USD LIBOR + 6.55%), 7/15/32 (8)(11)	1,000	962,016
Neuberger Berman Loan Advisers CLO 31, Ltd.
Series 2019-31A, Class E, 8.716%, (3 mo. USD LIBOR + 6.75%), 4/20/31 (8)(11)	600	598,899
Neuberger Berman Loan Advisers CLO 33, Ltd.
Series 2019-33A, Class E, 8.94%, (3 mo. USD LIBOR + 6.80%), 10/16/32 (8)(11)	1,000	984,487
Palmer Square CLO, Ltd.
Series 2013-2A, Class DRR, 7.852%, (3 mo. USD LIBOR + 5.85%), 10/17/31 (8)(11)	900	859,675
Series 2015-2A, Class DR, 8.466%, (3 mo. USD LIBOR + 6.50%), 7/20/30 (8)(11)	1,200	1,197,405
Series 2019-1A, Class D, 8.935%, (3 mo. USD LIBOR + 7.00%), 11/14/32 (8)(11)	1,000	978,898
Regatta XII Funding, Ltd.
Series 2019-1A, Class E, 8.851%, (3 mo. USD LIBOR + 6.85%), 10/15/32 (8)(11)	500	492,328
Regatta XVI Funding, Ltd.
Series 2019-2A, Class E, (3 mo. USD LIBOR + 7.00%), 1/15/33 (8)(14)	750	735,375
Southwick Park CLO, LLC
Series 2019-4A, Class E, 8.866%, (3 mo. USD LIBOR + 6.70%), 7/20/32 (8)(11)	2,000	1,927,308
Vibrant CLO X, Ltd.
Series 2018-10A, Class D, 8.156%, (3 mo. USD LIBOR + 6.19%), 10/20/31 (8)(11)	850	727,187
Vibrant CLO XI, Ltd.
Series 2019-11A, Class D, 8.869%, (3 mo. USD LIBOR + 6.77%), 7/20/32 (8)(11)	1,000	948,918

Security	Principal Amount (000s omitted)	Value
Voya CLO, Ltd.
Series 2013-1A, Class DR, 8.481%, (3 mo. USD LIBOR
+ 6.48%), 10/15/30 (8)(11)	$ 2,000	$ 1,818,192
Total Asset-Backed Securities (identified cost $29,919,249)		$ 28,690,921
Common Stocks 1.4%
Security	Shares	Value
Aerospace and Defense 0.1%
IAP Global Services,
LLC (3)(15)(16)	58	$ 757,257
		$ 757,257
Automotive 0.1%
Dayco Products,
LLC (15)(16)	20,780	$ 436,380
		$ 436,380
Business Equipment and Services
0.0% (10)
Crossmark Holdings,
Inc. (15)(16)	3,740	$ 188,870
		$ 188,870
Chemicals and Plastics 0.1%
Hexion Holdings Corp., Class B (15)(16)	40,989	$ 432,434
		$ 432,434
Electronics / Electrical
0.0% (10)
Answers
Corp. (3)(15)	96,908	$ 189,940
		$ 189,940
Health Care 0.0%
New Millennium Holdco,
Inc. (3)(15)(16)	68,551	$ 0
		$ 0
Oil and Gas 0.5%
AFG Holdings, Inc. (3)(15)(16)	30,640	$ 1,319,358
Fieldwood Energy, Inc. (15)(16)	19,189	492,518
Nine Point Energy Holdings, Inc. (3)(16)(17)	758	8
Samson Resources II, LLC, Class A (15)	46,484	976,164
Southcross Holdings Group, LLC (3)(15)(16)	67	0
Southcross Holdings L.P., Class A (15)(16)	67	25,594
		$ 2,813,642

27 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

Security	Shares	Value
Publishing 0.3%
ION Media Networks, Inc. (3)(15)	4,429	$ 1,878,516
Tweddle Group,
Inc. (3)(15)(16)	1,944	1,439
		$ 1,879,955
Radio and Television 0.3%
Clear Channel Outdoor Holdings, Inc. (15)(16)	86,335	$ 214,111
Cumulus Media, Inc., Class A (15)(16)	42,499	736,933
iHeartMedia, Inc., Class A (15)(16)	36,714	565,028
		$ 1,516,072
Retailers (Except Food and Drug)
0.0% (10)
Davids Bridal,
Inc. (15)(16)	19,732	$ 1,085
		$ 1,085
Total Common Stocks (identified cost $7,147,582)		$ 8,215,635
Convertible Preferred Stocks
0.0% (10)
Security	Shares	Value
Oil and Gas 0.0% (10)
Nine Point Energy Holdings, Inc., Series A, 12.00% (3)(16)(17)	14	$ 8,089
Total Convertible Preferred Stocks (identified cost $14,000)		$ 8,089
Closed-End Funds 1.9%
Security	Shares	Value
BlackRock Floating Rate Income Strategies Fund, Inc.	111,292	$ 1,437,893
Invesco Senior Income Trust	538,147	2,254,836
Nuveen Credit Strategies Income Fund	406,731	3,017,944
Nuveen Floating Rate Income Fund	164,907	1,569,914
Nuveen Floating Rate Income Opportunity Fund	115,017	1,094,962
Voya Prime Rate Trust	441,753	2,133,667
Total Closed-End Funds (identified
cost $13,551,541)		$ 11,509,216

Miscellaneous 0.0% (10) — Security	Shares	Value
Oil and Gas 0.0% (10)
Paragon Offshore Finance
Company, Class A (15)(16)	1,707	$ 853
Paragon Offshore Finance Company, Class B (15)(16)	854	19,642
Total Miscellaneous (identified cost $18,573)		$ 20,495
Short-Term Investments 3.1%
Description	Units	Value
Eaton Vance Cash Reserves Fund, LLC, 1.82% (18)	18,381,797	$ 18,381,797
Total Short-Term Investments (identified cost $18,381,240)		$ 18,381,797
Total Investments 156.0% (identified cost
$959,635,869)		$ 923,919,496
Less Unfunded Loan Commitments (0.3)%		$ (1,375,272	)
Net Investments 155.7% (identified cost $958,260,597)		$ 922,544,224
Notes Payable (40.5)%		$ (240,000,000	)
Variable Rate Term Preferred Shares, at Liquidation Value
(net of unamortized deferred debt issuance costs) (13.5)%		$ (79,865,855	)
Other Assets, Less Liabilities (1.7)%		$ (10,339,055	)
Net Assets Applicable to Common Shares 100.0%		$ 592,339,314

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

In U.S. dollars unless otherwise indicated.

(1) Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the London Interbank Offered Rate (LIBOR) and secondarily, the prime rate offered by one or more major United States banks (the Prime Rate). Base lending rates may be subject to a floor, or minimum rate.

(2) Unfunded or partially unfunded loan commitments. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At November 30, 2019, the total value of unfunded loan commitments is $1,374,567. See Note 1F for description.

28 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Portfolio of Investments (Unaudited) continued

(3) For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 13).

(4) The stated interest rate represents the weighted average interest rate at November 30, 2019 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.

(5) This Senior Loan will settle after November 30, 2019, at which time the interest rate will be determined.

(6) Issuer is in default with respect to interest and/or principal payments. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

(7) Fixed-rate loan.

(8) Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At November 30, 2019, the aggregate value of these securities is $76,027,438 or 12.8% of the Trusts net assets applicable to common shares.

(9) Represents a payment-in-kind security which may pay interest in additional principal at the issuers discretion.

(10) Amount is less than 0.05%.

(11) Variable rate security. The stated interest rate represents the rate in effect at November 30, 2019.

(12) Security converts to variable rate after the indicated fixed-rate coupon period.

(13) Perpetual security with no stated maturity date but may be subject to calls by the issuer.

(14) When-issued, variable rate security whose interest rate will be determined after November 30, 2019.

(15) Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

(16) Non-income producing security.

(17) Restricted security (see Note 7).

(18) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of November 30, 2019.

Forward Foreign Currency Exchange Contracts — Currency Purchased		Currency Sold		Counterparty	Settlement Date	Unrealized Appreciation	Unrealized (Depreciation)
EUR	2,200,000	USD	2,439,123	State Street Bank and Trust Company	12/30/19	$	$ (9,918	)
USD	19,374,722	EUR	17,616,026	HSBC Bank USA, N.A.	12/30/19		(76,612	)
USD	807,301	EUR	725,000	HSBC Bank USA, N.A.	12/30/19	6,768
USD	588,463	EUR	525,000	State Street Bank and Trust Company	12/30/19	8,767
USD	18,095,478	EUR	16,182,178	Goldman Sachs International	1/31/20	189,716
USD	1,600,922	GBP	1,240,552	State Street Bank and Trust Company	1/31/20		(7,044	)
USD	18,002,121	EUR	16,229,532	State Street Bank and Trust Company	2/28/20	12,604
						$ 217,855	$ (93,574	)

Abbreviations:

DIP		Debtor In Possession
EURIBOR		Euro Interbank Offered Rate
LIBOR		London Interbank Offered Rate
PIK		Payment In Kind

Currency Abbreviations:

EUR		Euro
GBP		British Pound Sterling
USD		United States Dollar

29 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Assets and Liabilities (Unaudited)

Assets	November 30, 2019
Unaffiliated investments, at value (identified cost, $939,879,357)	$ 904,162,427
Affiliated investment, at value (identified cost, $18,381,240)	18,381,797
Cash	5,109,458
Deposits for derivatives collateral forward foreign currency exchange contracts	169,290
Foreign currency, at value (identified cost, $68,797)	68,849
Interest and dividends receivable	4,021,720
Dividends receivable from affiliated investment	21,604
Receivable for investments sold	750,004
Receivable for open forward foreign currency exchange contracts	217,855
Prepaid upfront fees on notes payable and variable rate term preferred shares	158,230
Prepaid expenses	65,846
Total assets	$ 933,127,080
Liabilities
Notes payable	$ 240,000,000
Variable rate term preferred shares, at liquidation value (net of unamortized deferred debt issuance costs of $134,145)	79,865,855
Cash collateral due to broker	120,000
Payable for investments purchased	18,022,628
Payable for when-issued securities	735,000
Payable for open forward foreign currency exchange contracts	93,574
Payable to affiliates:
Investment adviser fee	560,900
Trustees fees	7,514
Interest expense and fees payable	1,067,925
Accrued expenses	314,370
Total liabilities	$ 340,787,766
Net assets applicable to common shares	$ 592,339,314
Sources of Net Assets
Common shares, $0.01 par value, unlimited number of shares authorized, 39,863,690 shares issued and outstanding	$ 398,637
Additional paid-in capital	624,404,210
Accumulated loss	(32,463,533	)
Net assets applicable to common shares	$ 592,339,314
Net Asset Value Per Common Share
($592,339,314 ÷ 39,863,690 common shares issued and outstanding)	$ 14.86

30 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Operations (Unaudited)

Investment Income	Six Months Ended November 30, 2019
Interest and other income	$ 26,306,425
Dividends	1,551,159
Dividends from affiliated investment	167,030
Total investment income	$ 28,024,614
Expenses
Investment adviser fee	$ 3,478,214
Trustees fees and expenses	21,810
Custodian fee	107,471
Transfer and dividend disbursing agent fees	10,140
Printing and postage	34,415
Interest expense and fees	5,727,660
Miscellaneous	52,714
Total expenses	$ 9,432,424
Net investment income	$ 18,592,190
Realized and Unrealized Gain (Loss)
Net realized gain (loss)
Investment transactions	$ (3,161,442	)
Investment transactions affiliated investment	(1,108	)
Foreign currency transactions	207,567
Forward foreign currency exchange contracts	1,710,768
Net realized loss	$ (1,244,215	)
Change in unrealized appreciation (depreciation)
Investments	$ (12,373,291	)
Investments affiliated investment	516
Foreign currency	3,067
Forward foreign currency exchange contracts	(230,812	)
Net change in unrealized appreciation (depreciation)	$ (12,600,520	)
Net realized and unrealized loss	$ (13,844,735	)
Net increase in net assets from operations	$ 4,747,455

31 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statements of Changes in Net Assets

Increase (Decrease) in Net Assets	Six Months Ended November 30, 2019 (Unaudited)		Year Ended May 31, 2019
From operations
Net investment income	$ 18,592,190		$ 33,780,998
Net realized gain (loss)	(1,244,215	)	7,994,927
Net change in unrealized appreciation (depreciation)	(12,600,520	)	(22,768,965	)
Net increase in net assets from operations	$ 4,747,455		$ 19,006,960
Distributions to common shareholders	$ (18,815,662	)	$ (34,840,865	)
Net decrease in net assets	$ (14,068,207	)	$ (15,833,905	)
Net Assets Applicable to Common Shares
At beginning of period	$ 606,407,521		$ 622,241,426
At end of period	$ 592,339,314		$ 606,407,521

32 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Cash Flows (Unaudited)

Cash Flows From Operating Activities	Six Months Ended November 30, 2019
Net increase in net assets from operations	$ 4,747,455
Adjustments to reconcile net increase in net assets from operations to net cash provided by operating activities:
Investments purchased	(154,522,841	)
Investments sold and principal repayments	171,435,160
Increase in short-term investments, net	(10,434,129	)
Net amortization/accretion of premium (discount)	171,532
Amortization of deferred debt issuance costs on variable rate term preferred shares	14,981
Amortization of prepaid upfront fees on notes payable and variable rate term preferred shares	121,297
Increase in interest and dividends receivable	(782,635	)
Increase in dividends receivable from affiliated investment	(5,336	)
Decrease in receivable for open forward foreign currency exchange contracts	174,851
Decrease in prepaid expenses	6,281
Increase in cash collateral due to broker	120,000
Increase in payable for open forward foreign currency exchange contracts	55,961
Decrease in payable to affiliate for investment adviser fee	(34,916	)
Decrease in payable to affiliate for Trustees fees	(969	)
Decrease in interest expense and fees payable	(224,113	)
Increase in accrued expenses	174,511
Increase in unfunded loan commitments	1,082,552
Net change in unrealized (appreciation) depreciation from investments	12,372,775
Net realized loss from investments	3,162,550
Net cash provided by operating activities	$ 27,634,967
Cash Flows From Financing Activities
Cash distributions paid to common shareholders	$ (18,815,662	)
Proceeds from notes payable	22,000,000
Repayments of notes payable	(30,000,000	)
Payment of deferred debt issuance costs on variable rate term preferred shares	(14,500	)
Net cash used in financing activities	$ (26,830,162	)
Net increase in cash and restricted cash*	$ 804,805
Cash and restricted cash at beginning of period (including foreign currency)	$ 4,542,792
Cash and restricted cash at end of period (including foreign currency)	$ 5,347,597
Supplemental disclosure of cash flow information:
Cash paid for interest and fees on borrowings and variable rate term preferred
shares	$ 5,829,995

Includes net change in unrealized appreciation (depreciation) on foreign currency of $(1,809).

33 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Statement of Cash Flows (Unaudited) continued

The following table provides a reconciliation of cash and restricted cash reported within the Statement of Assets and Liabilities that sum to the total of such amounts shown on the Statement of Cash Flows.

	November 30, 2019
Cash	$ 5,109,458
Deposits for derivatives collateral forward foreign currency exchange contracts	169,290
Foreign currency	68,849
Total cash and restricted cash as shown on the Statement of Cash Flows	$ 5,347,597

34 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Financial Highlights

Selected data for a common share outstanding during the periods stated

	Six Months Ended November 30, 2019 (Unaudited)		Year Ended May 31,
			2019		2018		2017		2016		2015
Net asset value Beginning of period (Common shares)	$ 15.210		$ 15.610		$ 15.570		$ 14.680		$ 15.640		$ 16.080
Income (Loss) From Operations
Net investment income (1)	$ 0.466		$ 0.847		$ 0.792		$ 0.864		$ 0.908		$ 0.882
Net realized and unrealized gain (loss)	(0.344	)	(0.373	)	0.076		0.899		(0.964	)	(0.431	)
Total income (loss) from operations	$ 0.122		$ 0.474		$ 0.868		$ 1.763		$ (0.056	)	$ 0.451
Less Distributions to Common Shareholders
From net investment income	$ (0.472	)	$ (0.874	)	$ (0.828	)	$ (0.873	)	$ (0.904	)	$ (0.891	)
Total distributions to common shareholders	$ (0.472	)	$ (0.874	)	$ (0.828	)	$ (0.873	)	$ (0.904	)	$ (0.891	)
Net asset value End of period (Common shares)	$ 14.860		$ 15.210		$ 15.610		$ 15.570		$ 14.680		$ 15.640
Market value End of period (Common shares)	$ 13.280		$ 13.480		$ 14.850		$ 15.150		$ 13.560		$ 14.360
Total Investment Return on Net Asset Value (2)	1.21	% (3)	3.77	%	6.03	%	12.65	%	0.46	%	3.43	%
Total Investment Return on Market Value (2)	2.06	% (3)	(3.32	)%	3.67	%	18.58	%	1.14	%	0.59	%

35 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Financial Highlights continued

Selected data for a common share outstanding during the periods stated

Ratios/Supplemental Data	Six Months Ended November 30, 2019 (Unaudited)	2019		2018	2017	2016	2015
Net assets applicable to common shares, end of period (000s omitted)	$ 592,339	$	606,408	$ 622,241	$ 620,772	$ 585,101	$ 623,439
Ratios (as a percentage of average daily net assets applicable to common shares):
Expenses excluding interest and fees (4)	1.23	% (5)	1.28 %	1.28 %	1.32 %	1.36 %	1.37 %
Interest and fee expense (6)	1.91	% (5)	2.00 %	1.52 %	1.16 %	0.93 %	0.80 %
Total expenses (4)	3.14	% (5)	3.28 %	2.80 %	2.48 %	2.29 %	2.17 %
Net investment income	6.19	% (5)	5.49 %	5.09 %	5.68 %	6.22 %	5.60 %
Portfolio Turnover	18	% (3)	24 %	34 %	47 %	29 %	32 %
Senior Securities:
Total notes payable outstanding (in 000s)	$ 240,000	$	248,000	$ 254,000	$ 246,000	$ 232,000	$ 290,000
Asset coverage per $1,000 of notes payable (7)	$ 3,801	$	3,768	$ 3,765	$ 3,849	$ 3,867	$ 3,426
Total preferred shares outstanding	800		800	800	800	800	800
Asset coverage per preferred share (8)	$ 285,106	$	284,880	$ 286,300	$ 290,421	$ 287,532	$ 268,497
Involuntary liquidation preference per preferred
share (9)	$ 100,000	$	100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000
Approximate market value per preferred share (9)	$ 100,000	$	100,000	$ 100,000	$ 100,000	$ 100,000	$ 100,000

(1) Computed using average common shares outstanding.

(2) Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Trusts dividend reinvestment plan.

(3) Not annualized.

(4) Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian.

(5) Annualized.

(6) Interest and fee expense relates to variable rate term preferred shares (see Note 2) and the notes payable (see Note 9).

(7) Calculated by subtracting the Trusts total liabilities (not including the notes payable and preferred shares) from the Trusts total assets, and dividing the result by the notes payable balance in thousands.

(8) Calculated by subtracting the Trusts total liabilities (not including the notes payable and preferred shares) from the Trusts total assets, dividing the result by the sum of the value of the notes payable and liquidation value of the preferred shares, and multiplying the result by the liquidation value of one preferred share. Such amount equates to 285%, 285%, 286%, 290%, 288% and 268% at November 30, 2019 and May 31, 2019, 2018, 2017, 2016 and 2015, respectively.

(9) Plus accumulated and unpaid dividends.

Ratios based on net assets applicable to common shares plus preferred shares and borrowings are presented below. Ratios exclude the effect of custody fee credits, if any. Ratios for periods less than one year are annualized.

	2019	2018	2017	2016	2015
Expenses excluding interest and fees	0.79 %	0.83 %	0.83 %	0.86 %	0.86 %	0.85 %
Interest and fee expense	1.24 %	1.31 %	1.00 %	0.76 %	0.58 %	0.50 %
Total expenses	2.03 %	2.14 %	1.83 %	1.62 %	1.44 %	1.35 %
Net investment income	4.01 %	3.58 %	3.33 %	3.72 %	3.90 %	3.50 %

36 See Notes to Financial Statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited)

1 Significant Accounting Policies

Eaton Vance Floating-Rate Income Trust (the Trust) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, closed-end management investment company. The Trusts investment objective is to provide a high level of current income. The Trust will, as a secondary objective, also seek preservation of capital to the extent consistent with its primary goal of high current income.

The following is a summary of significant accounting policies of the Trust. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Trust is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A Investment Valuation The following methodologies are used to determine the market value or fair value of investments.

Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) for which reliable market quotations are readily available are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Other Senior Loans are valued at fair value by the investment adviser under procedures approved by the Trustees. In fair valuing a Senior Loan, the investment adviser utilizes one or more of the valuation techniques described in (i) through (iii) below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrowers outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrowers assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Fair value determinations are made by the portfolio managers of the Trust based on information available to such managers. The portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may not possess the same information about a Senior Loan borrower as the portfolio managers of the Trust. At times, the fair value of a Senior Loan determined by the portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may vary from the fair value of the same Senior Loan determined by the portfolio managers of the Trust. The fair value of each Senior Loan is periodically reviewed and approved by the investment advisers Valuation Committee and by the Trustees based upon procedures approved by the Trustees. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.

Debt Obligations. Debt obligations are generally valued on the basis of valuations provided by third party pricing services, as derived from such services pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and ask prices, broker/dealer quotations, prices or yields of securities with similar characteristics, interest rates, anticipated prepayments, benchmark curves or information pertaining to the issuer, as well as industry and economic events. The pricing services may use a matrix approach, which considers information regarding securities with similar characteristics to determine the valuation for a security. Short-term debt obligations purchased with a remaining maturity of sixty days or less for which a valuation from a third party pricing service is not readily available may be valued at amortized cost, which approximates fair value.

Equity Securities. Equity securities listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ Global or Global Select Market generally are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.

Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Trusts forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.

Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads.

Affiliated Fund. The Trust may invest in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by Eaton Vance Management (EVM). While Cash Reserves Fund is not a registered money market mutual fund, it conducts all of its investment activities in accordance with the requirements of Rule 2a-7 under the 1940 Act. Investments in Cash Reserves Fund are valued at the closing net asset value per unit on the valuation day. Cash Reserves Fund generally values its investment securities based on available market quotations provided by a third party pricing service.

Fair Valuation. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued at fair value using methods determined in good faith by or at the direction of the Trustees of the Trust in a manner that most fairly reflects the securitys fair value, which is the amount that the Trust might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the securitys disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the companys or entitys financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.

B Investment Transactions Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees associated with loan amendments are recognized immediately. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D Federal Taxes The Trusts policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

As of November 30, 2019, the Trust had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Trust files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E Foreign Currency Translation Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

F Unfunded Loan Commitments The Trust may enter into certain loan agreements all or a portion of which may be unfunded. The Trust is obligated to fund these commitments at the borrowers discretion. These commitments are disclosed in the accompanying Portfolio of Investments. At November 30, 2019, the Trust had sufficient cash and/or securities to cover these commitments.

G Use of Estimates The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H Indemnifications Under the Trusts organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Trust. Under Massachusetts law, if certain conditions prevail, shareholders of a Massachusetts business trust (such as the Trust) could be deemed to have personal liability for the obligations of the Trust. However, the Trusts Declaration of Trust contains an express disclaimer of liability on the part of Trust shareholders and the By-laws provide that the Trust shall assume, upon request by the shareholder, the defense on behalf of any Trust shareholders. Moreover, the By-laws also provide for indemnification out of Trust property of any shareholder held personally liable solely by reason of being or having been a shareholder for all loss or expense arising from such liability. Additionally, in the normal course of business, the Trust enters into agreements with service providers that may contain indemnification clauses. The Trusts maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred.

I Forward Foreign Currency Exchange Contracts The Trust may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J When-Issued Securities and Delayed Delivery Transactions The Trust may purchase or sell securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Trust maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

K Interim Financial Statements The interim financial statements relating to November 30, 2019 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Trusts management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

2 Variable Rate Term Preferred Shares

Variable rate term preferred shares are a form of preferred shares that represent stock of the Trust. They have a par value of $0.01 per share and a liquidation preference of $100,000 per share.

On December 18, 2012, the Trust issued 800 shares of Series C-1 Variable Rate Term Preferred Shares (Series C-1 VRTP Shares) in a private offering to a commercial paper conduit sponsored by a large financial institution. The Trust used the net proceeds from the issuance to enter into a series of transactions which resulted in a redemption and/or repurchase of its Auction Preferred Shares.

On September 30, 2016, the Series C-1 VRTP Shares were transferred to another large financial institution (the Assignee) as permitted by the Trusts By-laws. The transferred Series C-1 VRTP Shares were then exchanged for an equal number of Series L-2 Variable Rate Term Preferred Shares (Series L-2 VRTP Shares), and the mandatory redemption date was extended to three years from the date of transfer. Effective January 24, 2019, the mandatory redemption date of the Series L-2 VRTP Shares was extended to January 24, 2024. Dividends on the Series L-2 VRTP Shares are determined each day based on a spread of 1.75% to three-month LIBOR. Such spread is determined based on the current credit rating of the Series L-2 VRTP Shares, which is provided by Moodys Investors Service.

The Series L-2 VRTP Shares are redeemable at the option of the Trust at a redemption price equal to $100,000 per share, plus accumulated and unpaid dividends, on any business day and solely for the purpose of reducing the leverage of the Trust. The Series L-2 VRTP Shares are also subject to mandatory redemption at a redemption price equal to $100,000 per share, plus accumulated and unpaid dividends, if the Trust is in default for an extended period on its asset maintenance or leverage ratio requirements with respect to the Series L-2 VRTP Shares. Six months prior to the mandatory redemption date, the Trust is required to segregate in a liquidity account with its custodian investments equal to 110% of the Series L-2 VRTP Shares redemption price, and over the six-month period execute a series of liquidation transactions to assure sufficient liquidity to redeem the Series L-2 VRTP Shares. The holders of the Series L-2 VRTP Shares, voting as a class, are entitled to elect two Trustees of the Trust. If the dividends on the Series L-2 VRTP Shares remain unpaid in an amount equal to two full years dividends, the holders of the Series L-2 VRTP Shares as a class have the right to elect a majority of the Board of Trustees.

For financial reporting purposes, the liquidation value of the Series L-2 VRTP Shares (net of unamortized deferred debt issuance costs) is presented as a liability on the Statement of Assets and Liabilities and unpaid dividends are included in interest expense and fees payable. Dividends accrued on Series L-2 VRTP Shares are treated as interest payments for financial reporting purposes and are included in interest expense and fees on the Statement of Operations.

In connection with the transfer of the Series C-1 VRTP Shares to the Assignee on September 30, 2016, the Trust paid an upfront fee of $400,000 and debt issuance costs of $458,267. The Trust paid additional debt issuance costs of $52,580 in connection with the extension of the mandatory redemption date of the Series L-2 VRTP Shares. These amounts are being amortized to interest expense and fees through January 24, 2024. The unamortized amount of the debt issuance costs as of November 30, 2019 is presented as a deduction of the liability for variable rate term preferred shares on the Statement of Assets and Liabilities.

The carrying amount of the Series L-2 VRTP Shares at November 30, 2019 represents its liquidation value, which approximates fair value. If measured at fair value, the Series L-2 VRTP Shares would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019. The average liquidation preference of the Series L-2 VRTP Shares during the six months ended November 30, 2019 was $80,000,000.

3 Distributions to Shareholders and Income Tax Information

The Trust intends to make monthly distributions of net investment income to common shareholders, after payment of any dividends on any outstanding variable rate term preferred shares. In addition, at least annually, the Trust intends to distribute all or substantially all of its net realized capital gains. Distributions to common shareholders are recorded on the ex-dividend date. Dividends to variable rate term preferred shareholders are accrued daily and payable quarterly. The dividend rate on the Series L-2 VRTP Shares at November 30, 2019 was 3.85%. The amount of dividends accrued and the average annual dividend rate of the Series L-2 VRTP Shares during the six months ended November 30, 2019 were $1,643,013 and 4.11%, respectively.

Distributions to shareholders are determined in accordance with income tax regulations, which may differ from U.S. GAAP. As required by U.S. GAAP, only distributions in excess of tax basis earnings and profits are reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income.

At May 31, 2019, the Trust had a net capital loss of $3,055,653 attributable to security transactions incurred after October 31, 2018 that it has elected to defer. This net capital loss is treated as arising on the first day of the Trusts taxable year ending May 31, 2020.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Trust at November 30, 2019, as determined on a federal income tax basis, were as follows:

Aggregate cost	$
Gross unrealized appreciation	$ 7,958,127
Gross unrealized depreciation	(44,481,845	)
Net unrealized depreciation	$ (36,523,718	)

4 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by EVM as compensation for management and investment advisory services rendered to the Trust. The fee is computed at an annual rate of 0.75% of the Trusts average daily gross assets and is payable monthly. Gross assets as referred to herein represent net assets plus obligations attributable to investment leverage. For the six months ended November 30, 2019, the Trusts investment adviser fee amounted to $3,478,214. The Trust invests its cash in Cash Reserves Fund. EVM does not currently receive a fee for advisory services provided to Cash Reserves Fund. EVM also serves as administrator of the Trust, but receives no compensation.

Trustees and officers of the Trust who are members of EVMs organization receive remuneration for their services to the Trust out of the investment adviser fee. Trustees of the Trust who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the six months ended November 30, 2019, no significant amounts have been deferred. Certain officers and Trustees of the Trust are officers of EVM.

5 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations and including maturities, paydowns and principal repayments on Senior Loans, aggregated $163,911,614 and $170,714,323, respectively, for the six months ended November 30, 2019.

6 Common Shares of Beneficial Interest and Shelf Offering

The Trust may issue common shares pursuant to its dividend reinvestment plan. There were no common shares issued by the Trust for the six months ended November 30, 2019 and the year ended May 31, 2019.

In November 2013, the Board of Trustees initially approved a share repurchase program for the Trust. Pursuant to the reauthorization of the share repurchase program by the Board of Trustees in March 2019, the Trust is authorized to repurchase up to 10% of its common shares outstanding as of the last day of the prior calendar year at market prices when shares are trading at a discount to net asset value. The share repurchase program does not obligate the Trust to purchase a specific amount of shares. There were no repurchases of common shares by the Trust for the six months ended November 30, 2019 and the year ended May 31, 2019.

Pursuant to a registration statement filed with the SEC, the Trust is authorized to issue up to an additional 5,495,789 common shares through an equity shelf offering program (the shelf offering). Under the shelf offering, the Trust, subject to market conditions, may raise additional capital from time to time and in varying amounts and offering methods at a net price at or above the Trusts net asset value per common share. During the six months ended November 30, 2019 and the year ended May 31, 2019, there were no shares sold by the Trust pursuant to its shelf offering.

7 Restricted Securities

At November 30, 2019, the Trust owned the following securities (representing less than 0.01% of net assets applicable to common shares) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Trust has various registration rights

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

(exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees.

Description			Cost	Value
Common Stocks
Nine Point Energy Holdings, Inc.	7/15/14, 10/21/14	758	$ 34,722	$ 8
Convertible Preferred Stocks
Nine Point Energy Holdings, Inc., Series A, 12.00%	5/26/17	14	$ 14,000	$ 8,089
Total Restricted Securities			$ 48,722	$ 8,097

8 Financial Instruments

The Trust may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and may involve, to a varying degree, elements of risk in excess of the amounts recognized for financial statement purposes. The notional or contractual amounts of these instruments represent the investment the Trust has in particular classes of financial instruments and do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered. A summary of obligations under these financial instruments at November 30, 2019 is included in the Portfolio of Investments. At November 30, 2019, the Trust had sufficient cash and/or securities to cover commitments under these contracts.

The Trust is subject to foreign exchange risk in the normal course of pursuing its investment objectives. Because the Trust holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Trust enters into forward foreign currency exchange contracts.

The Trust enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Trusts net assets below a certain level over a certain period of time, which would trigger a payment by the Trust for those derivatives in a liability position. At November 30, 2019, the fair value of derivatives with credit-related contingent features in a net liability position was $93,574. The aggregate fair value of assets pledged as collateral by the Trust for such liability was $49,290 at November 30, 2019.

The over-the-counter (OTC) derivatives in which the Trust invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Trust has entered into an International Swaps and Derivatives Association, Inc. Master Agreement (ISDA Master Agreement) or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Trust and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Trust may, under certain circumstances, offset with the counterparty certain derivative financial instruments payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Trusts net assets decline by a stated percentage or the Trust fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Trust of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Trust and/or counterparty is held in segregated accounts by the Trusts custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Trust, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Trust as collateral, if any, are identified as such in the Portfolio of Investments. The carrying amount of the liability for cash collateral due to broker at November 30, 2019 approximated its fair value. If measured at fair value, such liability would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is foreign exchange risk at November 30, 2019 was as follows:

Derivative	Fair Value — Asset Derivative (1)	Liability Derivative (2)
Forward foreign currency exchange contracts	$ 217,855	$ (93,574	)

(1) Statement of Assets and Liabilities location: Receivable for open forward foreign currency exchange contracts.

(2) Statement of Assets and Liabilities location: Payable for open forward foreign currency exchange contracts.

The Trusts derivative assets and liabilities at fair value by type, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Trusts derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Trust for such assets and pledged by the Trust for such liabilities as of November 30, 2019.

Counterparty	Derivative Assets Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Received (a)	Cash Collateral Received (a)		Net Amount of Derivative Assets (b)		Total Cash Collateral Received
Goldman Sachs International	$ 189,716		$		$	$ (120,000	)	$ 69,716		$ 120,000
HSBC Bank USA, N.A.	6,768		(6,768	)
State Street Bank and Trust Company	21,371		(16,962	)				4,409
	$ 217,855		$ (23,730	)	$	$ (120,000	)	$ 74,125		$ 120,000
Counterparty	Derivative Liabilities Subject to Master Netting Agreement		Derivatives Available for Offset		Non-cash Collateral Pledged (a)	Cash Collateral Pledged (a)		Net Amount of Derivative Liabilities (c)		Total Cash Collateral Pledged
HSBC Bank USA, N.A.	$ (76,612	)	$ 6,768		$	$ 49,290		$ (20,554	)	$ 49,290
State Street Bank and Trust Company	(16,962	)	16,962
	$ (93,574	)	$ 23,730		$	$ 49,290		$ (20,554	)	$ 49,290
Total Deposits for derivatives collateral forward foreign currency
exchange contracts										$ 169,290

(a) In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

(b) Net amount represents the net amount due from the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations and whose primary underlying risk exposure is foreign exchange risk for the six months ended November 30, 2019 was as follows:

Derivative	Realized Gain (Loss) on Derivatives Recognized in Income (1)	Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income (2)
Forward foreign currency exchange contracts	$ 1,710,768	$ (230,812	)

(1) Statement of Operations location: Net realized gain (loss) Forward foreign currency exchange contracts.

(2) Statement of Operations location: Change in unrealized appreciation (depreciation) Forward foreign currency exchange contracts.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

The average notional amount of forward foreign currency exchange contracts (based on the absolute value of notional amounts of currency purchased and currency sold) outstanding during the six months ended November 30, 2019, which is indicative of the volume of this derivative type, was approximately $61,326,000.

9 Revolving Credit and Security Agreement

The Trust has entered into a Revolving Credit and Security Agreement, as amended (the Agreement) with conduit lenders and a bank to borrow up to $290 million. Borrowings under the Agreement are secured by the assets of the Trust. Interest is charged at a rate above the conduits commercial paper issuance rate and is payable monthly. Under the terms of the Agreement, in effect through March 9, 2020, the Trust also pays a program fee of 0.85% per annum on its outstanding borrowings to administer the facility and a liquidity fee of 0.15% (0.25% if the outstanding loan amount is less than or equal to 60% of the total facility size) per annum on the unused portion of the total commitment under the Agreement. Program and liquidity fees for the six months ended November 30, 2019 totaled $1,099,295 and are included in interest expense and fees on the Statement of Operations. The Trust also paid an upfront fee of $290,000, which is being amortized to interest expense over a period of one year through March 2020. The unamortized balance at November 30, 2019 is approximately $82,000 and is included in prepaid upfront fees on notes payable and variable rate term preferred shares on the Statement of Assets and Liabilities. The Trust is required to maintain certain net asset levels during the term of the Agreement. At November 30, 2019, the Trust had borrowings outstanding under the Agreement of $240,000,000 at an annual interest rate of 1.85%. Based on the short-term nature of the borrowings under the Agreement and the variable interest rate, the carrying amount of the borrowings at November 30, 2019 approximated its fair value. If measured at fair value, borrowings under the Agreement would have been considered as Level 2 in the fair value hierarchy (see Note 13) at November 30, 2019. For the six months ended November 30, 2019, the average borrowings under the Agreement and the average annual interest rate (excluding fees) were $246,792,350 and 2.30%, respectively.

10 Risks Associated with Foreign Investments

Investing in securities issued by companies whose principal business activities are outside the United States may involve significant risks not present in domestic investments. For example, there is generally less publicly available information about foreign companies, particularly those not subject to the disclosure and reporting requirements of the U.S. securities laws. Certain foreign issuers are generally not bound by uniform accounting, auditing, and financial reporting requirements and standards of practice comparable to those applicable to domestic issuers. Investments in foreign securities also involve the risk of possible adverse changes in investment or exchange control regulations, expropriation or confiscatory taxation, limitation on the removal of funds or other assets of the Trust, political or financial instability or diplomatic and other developments which could affect such investments. Foreign securities markets, while growing in volume and sophistication, are generally not as developed as those in the United States, and securities of some foreign issuers (particularly those located in developing countries) may be less liquid and more volatile than securities of comparable U.S. companies. In general, there is less overall governmental supervision and regulation of foreign securities markets, broker/dealers and issuers than in the United States.

11 Credit Risk

The Trust invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loans value.

12 Investments in Affiliated Funds

At November 30, 2019, the value of the Trusts investment in affiliated funds was $18,381,797, which represents 3.1% of the Trusts net assets applicable to common shares. Transactions in affiliated funds by the Trust for the six months ended November 30, 2019 were as follows:

Name of affiliated fund	Value, beginning of period	Purchases	Sales proceeds		Net realized gain (loss)		Change in unrealized appreciation (depreciation)	Value, end of period	Dividend income
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC, 1.82%	$ 7,948,260	$ 130,108,101	$ (119,673,972	)	$ (1,108	)	$ 516	$ 18,381,797	$ 167,030	18,381,797

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Notes to Financial Statements (Unaudited) continued

13 Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

Level 1 quoted prices in active markets for identical investments

Level 2 other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

Level 3 significant unobservable inputs (including a funds own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At November 30, 2019, the hierarchy of inputs used in valuing the Trusts investments and open derivative instruments, which are carried at value, were as follows:

Asset Description	Level 1	Level 2		Level 3*	Total
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)	$	$ 786,087,271		$ 3,660,500	$ 789,747,771
Corporate Bonds & Notes		65,970,300			65,970,300
Asset-Backed Securities		28,690,921			28,690,921
Common Stocks	1,948,506	2,120,611		4,146,518	8,215,635
Convertible Preferred Stocks				8,089	8,089
Closed-End Funds	11,509,216				11,509,216
Miscellaneous		20,495			20,495
Short-Term Investments		18,381,797			18,381,797
Total Investments	$ 13,457,722	$ 901,271,395		$ 7,815,107	$ 922,544,224
Forward Foreign Currency Exchange Contracts	$	$ 217,855		$	$ 217,855
Total	$ 13,457,722	$ 901,489,250		$ 7,815,107	$ 922,762,079
Liability Description
Forward Foreign Currency Exchange Contracts	$	$ (93,574	)	$	$ (93,574	)
Total	$	$ (93,574	)	$	$ (93,574	)

None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Trust.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the six months ended November 30, 2019 is not presented.

14 Legal Proceedings

In May 2015, the Trust was served with an amended complaint filed in an adversary proceeding in the United States Bankruptcy Court for the Southern District of New York. The adversary proceeding was filed by the Motors Liquidation Company Avoidance Action Trust (AAT) against the former holders of a $1.5 billion term loan issued by General Motors Corp. (GM) in 2006 (the Term Loan Lenders) who received a full repayment of the term loan pursuant to a court order in the GM bankruptcy proceeding. The court order was made with the understanding that the term loan was fully secured at the time of GMs bankruptcy filing in June 2009. The AAT sought (1) a determination from the Bankruptcy Court that the security interest held by the Term Loan Lenders was not perfected at the time GM filed for Chapter 11 Bankruptcy protection and thus the Term Loan Lenders should have been treated in the same manner as GMs unsecured creditors, (2) disgorgement of any interest payments made to the Term Loan Lenders within ninety days of GMs filing for Chapter 11 Bankruptcy protection, and (3) disgorgement of the $1.5 billion term loan repayment that was made to the Term Loan Lenders. The value of the payment received under the term loan agreement by the Trust was approximately $4,166,000. In April 2019, the parties to the litigation reached a settlement agreement in principle, subject to Court approval. On June 12, 2019, the Court approved the settlement, and all claims and cross claims in the litigation were dismissed on July 2, 2019. The Trust did not suffer any loss to the Trusts net asset value as a result of the settlement and recovered a portion of the attorneys fees and costs incurred, which were previously expensed by the Trust.

Eaton Vance

Floating-Rate Income Trust

November 30, 2019

Officers and Trustees

Officers

Payson F. Swaffield

President

Maureen A. Gemma

Vice President, Secretary and Chief Legal Officer

James F. Kirchner

Treasurer

Richard F. Froio

Chief Compliance Officer

Trustees

William H. Park

Chairperson

Thomas E. Faust Jr.*

Mark R. Fetting

Cynthia E. Frost

George J. Gorman

Valerie A. Mosley

Helen Frame Peters

Keith Quinton

Marcus L. Smith

Susan J. Sutherland

Scott E. Wennerholm

Interested Trustee

Eaton Vance Funds

IMPORTANT NOTICES

Privacy. The Eaton Vance organization is committed to ensuring your financial privacy. Each of the financial institutions identified below has in effect the following policy (Privacy Policy) with respect to nonpublic personal information about its customers:

Only such information received from you, through application forms or otherwise, and information about your Eaton Vance fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions.

None of such information about you (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service your account). In the normal course of servicing a customers account, Eaton Vance may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker-dealers.

Policies and procedures (including physical, electronic and procedural safeguards) are in place that are designed to protect the confidentiality of such information.

We reserve the right to change our Privacy Policy at any time upon proper notification to you. Customers may want to review our Privacy Policy periodically for changes by accessing the link on our homepage: www.eatonvance.com.

Our pledge of privacy applies to the following entities within the Eaton Vance organization: the Eaton Vance Family of Funds, Eaton Vance Management, Eaton Vance Investment Counsel, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Managements Real Estate Investment Group and Boston Management and Research. In addition, our Privacy Policy applies only to those Eaton Vance customers who are individuals and who have a direct relationship with us. If a customers account (i.e., fund shares) is held in the name of a third-party financial advisor/broker-dealer, it is likely that only such advisors privacy policies apply to the customer. This notice supersedes all previously issued privacy disclosures. For more information about Eaton Vances Privacy Policy, please call 1-800-262-1122.

Delivery of Shareholder Documents. The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called householding and it helps eliminate duplicate mailings to shareholders. American Stock Transfer & Trust Company, LLC (AST), the closed-end funds transfer agent, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct AST, or your financial intermediary, otherwise. If you would prefer that your Eaton Vance documents not be householded, please contact AST or your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by AST or your financial intermediary.

Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F to Form N-PORT with the SEC for the first and third quarters of each fiscal year. The Form N-PORT will be available on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the SECs website at www.sec.gov.

Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds and Portfolios Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, without charge, upon request, by calling 1-800-262-1122 and by accessing the SECs website at www.sec.gov.

Share Repurchase Program. The Funds Board of Trustees has approved a share repurchase program authorizing the Fund to repurchase up to 10% of its common shares outstanding as of the last day of the prior calendar year in open-market transactions at a discount to net asset value. The repurchase program does not obligate the Fund to purchase a specific amount of shares. The Funds repurchase activity, including the number of shares purchased, average price and average discount to net asset value, is disclosed in the Funds annual and semi-annual reports to shareholders.

Additional Notice to Shareholders. If applicable, a Fund may also redeem or purchase its outstanding preferred shares in order to maintain compliance with regulatory requirements, borrowing or rating agency requirements or for other purposes as it deems appropriate or necessary.

Closed-End Fund Information. Eaton Vance closed-end funds make fund performance data and certain information about portfolio characteristics available on the Eaton Vance website shortly after the end of each month. Other information about the funds is available on the website. The funds net asset value per share is readily accessible on the Eaton Vance website. Portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following the end of the month. This information is available at www.eatonvance.com on the fund information pages under Individual Investors Closed-End Funds.

This Page Intentionally Left Blank

Investment Adviser and Administrator

Eaton Vance Management

Two International Place

Boston, MA 02110

Custodian

State Street Bank and Trust Company

State Street Financial Center, One Lincoln Street

Boston, MA 02111

Transfer Agent

American Stock Transfer & Trust Company, LLC

6201 15 th Avenue

Brooklyn, NY 11219

Fund Offices

Two International Place

Boston, MA 02110

7739 11.30.19

Item 2. Code of Ethics

Not required in this filing.

Item 3. Audit Committee Financial Expert

Not required in this filing.

Item 4. Principal Accountant Fees and Services

Not required in this filing.

Item 5. Audit Committee of Listed Registrants

Not required in this filing.

Item 6. Schedule of Investments

Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this Form N-CSR.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

Not required in this filing.

Item 8. Portfolio Managers of Closed-End Management Investment Companies

Not required in this filing.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders

No material changes.

Item 11. Controls and Procedures

(a) It is the conclusion of the registrants principal executive officer and principal financial officer that the effectiveness of the registrants current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commissions rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrants principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrants internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrants internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

No activity to report for the registrants most recent fiscal year end.

Item 13. Exhibits

(a)(1)	Registrants Code of Ethics Not applicable (please see Item 2).
(a)(2)(i)	Treasurers Section 302 certification.
(a)(2)(ii)	Presidents Section 302 certification.
(b)	Combined Section 906 certification.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Floating-Rate Income Trust
By:	/s/ Payson F. Swaffield
	Payson F. Swaffield
	President

Date: January 22, 2020

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:
James F. Kirchner
Treasurer

Date: January 22, 2020

By:
Payson F. Swaffield
President

Date: January 22, 2020

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