Edgar Filing: EATON VANCE SENIOR FLOATING RATE TRUST

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number		811-21411
Eaton Vance Senior Floating-Rate Trust
(Exact Name of Registrant as Specified in Charter)
The Eaton Vance Building, 255 State Street, Boston, Massachusetts		02109
(Address of Principal Executive Offices)		(Zip code)
Alan R. Dynner, Esq. Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109
(Name and Address of Agent for Services)
Registrant’s Telephone Number, Including Area Code:		(617) 482-8260
Date of Fiscal Year End:		October 31
Date of Reporting Period:		July 31, 2006

Item 1. Schedule of Investments

Eaton Vance Senior Floating-Rate Trust as of July 31, 2006

PORTFOLIO OF INVESTMENTS (Unaudited)

Senior, Floating Rate Interests — 138.1% (1)

Principal
Amount	Borrower/Tranche Description	Value
Aerospace and Defense — 3.3%
	Alliant Techsystems, Inc.
$ 564,375	Term Loan, 6.50%, Maturing March 31, 2009	$ 565,433
	Awas Capital, Inc.
2,523,639	Term Loan, 11.50%, Maturing March 22, 2013	2,542,566
	Delta Air Lines, Inc.
2,075,000	Term Loan, 12.77%, Maturing March 27, 2008	2,144,512
	Dresser Rand Group, Inc.
1,452,063	Term Loan, 7.27%, Maturing October 29, 2011	1,464,224
	DRS Technologies, Inc.
1,022,438	Term Loan, 6.89%, Maturing January 31, 2013	1,026,431
	Hexcel Corp.
1,731,394	Term Loan, 7.19%, Maturing March 1, 2012	1,735,723
	IAP Worldwide Services, Inc.
970,125	Term Loan, 8.50%, Maturing December 30, 2012	974,168
	K&F Industries, Inc.
1,556,018	Term Loan, 7.40%, Maturing November 18, 2012	1,558,693
	Mid-Western Aircraft Systems, Inc.
1,910,700	Term Loan, 7.75%, Maturing December 31, 2011	1,920,970
	Standard Aero Holdings, Inc.
1,435,821	Term Loan, 7.67%, Maturing August 24, 2012	1,436,719
	Transdigm, Inc.
1,625,000	Term Loan, 7.45%, Maturing June 23, 2013	1,630,840
	Vought Aircraft Industries, Inc.
2,154,153	Term Loan, 8.00%, Maturing December 17, 2011	2,173,002
	Wam Aquisition, S.A.
695,118	Term Loan, 8.25%, Maturing April 8, 2013	702,395
695,118	Term Loan, 8.75%, Maturing April 8, 2014	705,436
	Wyle Laboratories, Inc.
265,608	Term Loan, 7.88%, Maturing January 28, 2011	267,517
		$ 20,848,629
Air Transport — 0.3%
	United Airlines, Inc.
1,400,000	Term Loan, 8.63%, Maturing February 1, 2012	1,417,646
200,000	Term Loan, 9.19%, Maturing February 1, 2012	202,521
		$ 1,620,167
Automotive — 7.7%
	Accuride Corp.
2,556,073	Term Loan, 7.31%, Maturing January 31, 2012	2,563,102
	AE Europe Group, LLC
811,786	Term Loan, 8.40%, Maturing October 11, 2011	815,845

	Affina Group, Inc.
$ 1,440,285	Term Loan, 8.50%, Maturing November 30, 2011	$ 1,445,326
	Axletech International Holding, Inc.
1,750,000	Term Loan, 12.01%, Maturing April 22, 2013	1,763,125
	Collins & Aikman Products Co.
695,155	Term Loan, 11.75%, Maturing August 31, 2011	596,840
	CSA Acquisition Corp.
497,500	Term Loan, 8.00%, Maturing December 23, 2011	500,998
605,560	Term Loan, 8.00%, Maturing December 23, 2011	608,588
974,159	Term Loan, 8.00%, Maturing December 23, 2011	979,030
	Dana Corp.
1,050,000	DIP Loan, 7.65%, Maturing April 13, 2008	1,052,078
	Dayco Products, LLC
2,025,000	Term Loan, 8.03%, Maturing June 21, 2011	2,042,298
	Dura Operating Corp.
1,100,000	Term Loan, 9.11%, Maturing May 3, 2011	1,108,250
	Exide Technologies, Inc.
600,067	Term Loan, 11.25%, Maturing May 5, 2010	630,071
607,421	Term Loan, 11.25%, Maturing May 5, 2010	637,792
	Federal-Mogul Corp.
7,434,538	Revolving Loan, 6.89%, Maturing December 9, 2006 (2)	7,253,381
2,559,019	Term Loan, 7.65%, Maturing December 9, 2006	2,505,172
	Goodyear Tire & Rubber Co.
880,000	Term Loan, 4.73%, Maturing April 30, 2010	881,808
2,950,000	Term Loan, 7.95%, Maturing April 30, 2010	2,966,901
1,000,000	Term Loan, 8.70%, Maturing March 1, 2011	1,009,625
	HLI Operating Co., Inc.
1,807,182	Term Loan, 8.83%, Maturing June 3, 2009	1,832,031
	Insurance Auto Auctions, Inc.
875,000	Term Loan, 6.77%, Maturing May 19, 2012 (2)	879,102
	Key Automotive Group
1,341,590	Term Loan, 8.56%, Maturing June 20, 2009	1,352,490
	Keystone Automotive Operations, Inc.
1,616,875	Term Loan, 7.99%, Maturing October 30, 2010	1,616,875
	R.J. Tower Corp.
1,725,000	DIP Revolving Loan, 8.25%, Maturing February 2, 2007	1,747,102
	Tenneco Automotive, Inc.
1,994,254	Term Loan, 7.19%, Maturing December 12, 2009	2,009,460
1,656,896	Term Loan, 7.11%, Maturing December 12, 2010	1,669,530
	TI Automotive, Ltd.
1,194,561	Term Loan, 8.87%, Maturing June 30, 2011	1,181,122
	TRW Automotive, Inc.
4,528,899	Term Loan, 7.19%, Maturing June 30, 2012	4,526,698

	United Components, Inc.
$ 1,767,824	Term Loan, 7.41%, Maturing June 30, 2010	$ 1,776,663
		$ 47,951,303
Beverage and Tobacco — 1.7%
	Alliance One International, Inc.
770,250	Term Loan, 8.49%, Maturing May 13, 2010	776,027
	Culligan International Co.
1,021,157	Term Loan, 7.37%, Maturing September 30, 2011	1,021,477
	National Dairy Holdings, L.P.
790,000	Term Loan, 7.40%, Maturing March 15, 2012	792,962
	National Distribution Co.
690,800	Term Loan, 11.90%, Maturing June 22, 2010	692,527
	Reynolds American, Inc.
2,950,000	Term Loan, 7.26%, Maturing May 31, 2012	2,967,747
	Southern Wine & Spirits of America, Inc.
3,751,931	Term Loan, 7.00%, Maturing June 1, 2012	3,761,311
	Sunny Delight Beverages Co.
386,884	Term Loan, 11.39%, Maturing August 20, 2010	383,257
		$ 10,395,308
Building and Development — 10.0%
	AP-Newkirk Holdings, LLC
1,744,782	Term Loan, 7.90%, Maturing December 21, 2007	1,750,235
	Biomed Realty, L.P.
3,055,000	Term Loan, 7.60%, Maturing May 31, 2010	3,062,637
	Capital Automotive REIT
1,294,241	Term Loan, 7.10%, Maturing December 16, 2010 REIT	1,295,679
	DMB / CH II, LLC
212,500	Term Loan, 7.84%, Maturing December 22, 2008	213,031
	Epco / Fantome, LLC
1,525,000	Term Loan, 8.50%, Maturing November 23, 2010	1,528,812
	Formica Corp.
1,022,438	Term Loan, 8.48%, Maturing March 15, 2013	1,025,633
	FT-FIN Acquisition, LLC
859,230	Term Loan, 7.13%, Maturing November 17, 2007	861,378
	Gables GP, Inc.
776,343	Term Loan, 7.10%, Maturing September 30, 2006	777,394
	General Growth Properties, Inc.
2,000,000	Term Loan, 6.65%, Maturing February 24, 2011	1,977,386
	Hovstone Holdings, LLC
1,230,000	Term Loan, 7.68%, Maturing February 28, 2009	1,233,075
	Kyle Acquisition Group, LLC
730,712	Term Loan, 7.38%, Maturing July 20, 2010	730,712
	Landsource Communities, LLC
6,011,000	Term Loan, 7.88%, Maturing March 31, 2010	6,022,271

	Lanoga Corp.
$ 1,250,000	Term Loan, 7.25%, Maturing June 29, 2013	$ 1,250,391
	LNR Property Corp.
2,800,000	Term Loan, 8.11%, Maturing July 3, 2011	2,816,918
	MAAX Corp.
709,867	Term Loan, 8.40%, Maturing June 4, 2011	706,318
	Mattamy Funding Partnership
500,000	Term Loan, 7.48%, Maturing April 11, 2013	501,250
	Mueller Group, Inc.
2,690,378	Term Loan, 7.65%, Maturing October 3, 2012	2,707,193
	NCI Building Systems, Inc.
737,280	Term Loan, 6.71%, Maturing June 18, 2010	738,662
	Newkirk Master, L.P.
3,901,283	Term Loan, 7.10%, Maturing August 11, 2008	3,913,475
	Nortek, Inc.
2,746,063	Term Loan, 7.40%, Maturing August 27, 2011	2,742,202
	November 2005 Land Investors
997,500	Term Loan, 8.25%, Maturing May 31, 2011	999,994
	Panolam Industries Holdings, Inc.
593,778	Term Loan, 8.25%, Maturing September 30, 2012	598,231
	Ply Gem Industries, Inc.
104,426	Term Loan, 7.21%, Maturing August 15, 2011	104,295
1,566,387	Term Loan, 7.21%, Maturing August 15, 2011	1,564,429
	South Edge, LLC
787,500	Term Loan, 7.44%, Maturing October 31, 2009	790,453
	St. Mary’s Cement, Inc.
5,840,201	Term Loan, 7.50%, Maturing December 4, 2010	5,854,802
	Stile Acquisition Corp.
2,132,424	Term Loan, 7.49%, Maturing April 6, 2013	2,094,535
	Stile U.S. Acquisition Corp.
2,136,057	Term Loan, 7.49%, Maturing April 6, 2013	2,098,103
	TE / Tousa Senior, LLC
1,575,000	Term Loan, 7.75%, Maturing August 1, 2008	1,569,094
	The Woodlands Community Property Co.
1,013,668	Term Loan, 7.76%, Maturing November 30, 2007	1,021,271
1,269,538	Term Loan, 9.76%, Maturing November 30, 2007	1,288,581
	Tousa / Kolter, LLC
2,070,000	Term Loan, 6.72%, Maturing January 7, 2008 (2)	2,080,350
	TRU 2005 RE Holding Co.
4,100,000	Term Loan, 8.35%, Maturing December 9, 2008	4,082,062
	Trustreet Properties, Inc.
1,465,000	Term Loan, 7.35%, Maturing April 8, 2010	1,473,241
	United Subcontractors, Inc.
825,000	Term Loan, 12.86%, Maturing May 27, 2013	825,000
		$ 62,299,093

Business Equipment and Services — 7.2%
		Acco Brands Corp.
$	1,406,750	Term Loan, 7.12%, Maturing August 17, 2012	$		1,407,629
		Activant Solutions, Inc.
773,063		Term Loan, 7.19%, Maturing May 1, 2013	758,568
		Affiliated Computer Services
820,875		Term Loan, 7.40%, Maturing March 20, 2013	822,561
		Affinion Group, Inc.
2,139,535		Term Loan, 7.93%, Maturing October 17, 2012	2,152,239
		Allied Security Holdings, LLC
1,300,000		Term Loan, 10.25%, Maturing June 30, 2010	1,308,125
		Aspect Software, Inc.
2,025,000		Term Loan, 8.50%, Maturing July 11, 2011	2,026,899
1,800,000		Term Loan, 12.56%, Maturing July 11, 2013	1,802,250
		Buhrmann US, Inc.
3,115,432		Term Loan, 7.01%, Maturing December 31, 2010	3,123,221
		DynCorp International, LLC
1,214,625		Term Loan, 8.06%, Maturing February 11, 2011	1,220,192
		Gate Gourmet Borrower, LLC
1,463,000		Term Loan, 8.25%, Maturing March 9, 2012	1,479,459
183,333		Term Loan, 8.25%, Maturing March 9, 2012	185,396
		Info USA, Inc.
621,875		Term Loan, 7.25%, Maturing February 14, 2012	622,652
		IPayment, Inc.
947,625		Term Loan, 7.72%, Maturing May 10, 2013	947,625
		Iron Mountain, Inc.
2,292,205		Term Loan, 7.00%, Maturing April 2, 2011	2,297,936
		Language Line, Inc.
2,392,382		Term Loan, 9.74%, Maturing June 11, 2011	2,411,820
		Mitchell International, Inc.
711,209		Term Loan, 7.50%, Maturing August 15, 2011		714,098
		N.E.W. Holdings I, LLC
818,185		Term Loan, 8.63%, Maturing July 1, 2011		819,207
		Protection One, Inc.
916,641		Term Loan, 7.84%, Maturing April 18, 2011		918,933
		Quintiles Transnational Corp.
1,700,000		Term Loan, 9.50%, Maturing March 31, 2014		1,724,437
		RGIS Holdings, LLC
1,144,343		Term Loan, 8.00%, Maturing February 15, 2013		1,142,913
		SGS International, Inc.
696,500		Term Loan, 8.02%, Maturing December 30, 2011		699,112
		Sungard Data Systems, Inc.
12,969,000		Term Loan, 7.66%, Maturing February 11, 2013		13,041,951
		Transaction Network Services, Inc.
783,819		Term Loan, 7.39%, Maturing May 4, 2012		783,819

		US Investigations Services, Inc.
$	1,185,154	Term Loan, 7.92%, Maturing October 14, 2012	$	1,188,117
543,989		Term Loan, 7.92%, Maturing October 14, 2012	545,689
		Williams Scotsman, Inc.
750,000		Term Loan, 7.00%, Maturing June 28, 2010	752,031
			$	44,896,879
Cable and Satellite Television — 7.0%
		Atlantic Broadband Finance, LLC
4,283,698		Term Loan, 7.99%, Maturing September 1, 2011	4,321,180
		Bragg Communications, Inc.
1,031,625		Term Loan, 7.23%, Maturing August 31, 2011	1,034,204
		Bresnan Broadband Holdings, LLC
1,200,000		Term Loan, 9.81%, Maturing March 29, 2014	1,228,500
		Canadian Cable Acquisition Co., Inc.
1,470,000		Term Loan, 8.50%, Maturing July 31, 2011	1,477,350
		Charter Communications Operating, LLC
12,118,808		Term Loan, 8.13%, Maturing April 28, 2013	12,151,335
		CSC Holdings, Inc.
2,992,500		Term Loan, 7.03%, Maturing March 29, 2013	2,978,184
		Insight Midwest Holdings, LLC
7,054,051		Term Loan, 7.44%, Maturing December 31, 2009	7,069,486
		Mediacom Broadband Group
5,895,450		Term Loan, 7.10%, Maturing January 31, 2015	5,871,037
		Mediacom Illinois, LLC
2,784,750		Term Loan, 7.09%, Maturing March 31, 2013	2,776,546
		UGS Corp.
2,297,293		Term Loan, 7.48%, Maturing March 31, 2012	2,299,686
		UPC Broadband Holding B.V.
1,195,000		Term Loan, 7.64%, Maturing March 31, 2013	1,193,890
1,195,000		Term Loan, 7.64%, Maturing December 31, 2013	1,193,890
			$	43,595,288
Chemicals and Plastics — 8.7%
		Basell Af S.A.R.L.
312,500		Term Loan, 7.73%, Maturing August 1, 2013	316,406
62,500		Term Loan, 7.73%, Maturing August 1, 2013	63,281
312,500		Term Loan, 8.23%, Maturing August 1, 2014	316,406
62,500		Term Loan, 8.23%, Maturing August 1, 2014	63,281
		Brenntag Holding GmbH and Co. KG
373,091		Term Loan, 8.08%, Maturing January 18, 2014	377,755
1,526,909		Term Loan, 8.08%, Maturing January 18, 2014	1,536,071
1,000,000		Term Loan, 12.08%, Maturing December 23, 2015	1,021,875
		Celanese Holdings, LLC
4,160,734		Term Loan, 7.50%, Maturing June 4, 2011	4,173,303

		Gentek, Inc.
$	552,762	Term Loan, 7.56%, Maturing February 28, 2011	$	556,648
669,630		Term Loan, 9.76%, Maturing February 28, 2012	676,744
		Hercules, Inc.
865,088		Term Loan, 7.01%, Maturing October 8, 2010	867,466
		Hexion Specialty Chemicals, Inc.
807,538		Term Loan, 7.50%, Maturing May 5, 2013	800,724
3,717,462		Term Loan, 7.56%, Maturing May 5, 2013	3,686,094
		Huntsman, LLC
5,638,682		Term Loan, 7.15%, Maturing August 16, 2012	5,619,296
		Ineos Group
1,625,000		Term Loan, 7.34%, Maturing December 14, 2013	1,636,849
1,625,000		Term Loan, 7.84%, Maturing December 14, 2014	1,636,849
		Innophos, Inc.
850,920		Term Loan, 7.70%, Maturing August 13, 2010	853,047
		Invista B.V.
2,638,204		Term Loan, 7.00%, Maturing April 29, 2011	2,642,602
1,341,083		Term Loan, 7.00%, Maturing April 29, 2011	1,343,319
		ISP Chemo, Inc.
2,194,500		Term Loan, 7.08%, Maturing February 16, 2013	2,196,850
		Kranton Polymers, LLC
3,266,722		Term Loan, 7.44%, Maturing May 12, 2013	3,266,722
		Mosaic Co.
1,422,000		Term Loan, 6.99%, Maturing February 21, 2012	1,422,445
		Nalco Co.
6,533,675		Term Loan, 7.21%, Maturing November 4, 2010	6,535,720
		PQ Corp.
1,260,920		Term Loan, 7.50%, Maturing February 11, 2012	1,263,546
		Professional Paint, Inc.
725,000		Term Loan, 7.76%, Maturing May 31, 2012	728,625
350,000		Term Loan, 11.38%, Maturing May 31, 2013	353,500
		Rockwood Specialties Group, Inc.
4,383,250		Term Loan, 7.49%, Maturing December 10, 2012	4,397,859
		Solo Cup Co.
2,651,795		Term Loan, 7.84%, Maturing February 27, 2011	2,664,778
550,000		Term Loan, 9.66%, Maturing March 31, 2012	555,500
		Solutia, Inc.
750,000		DIP Loan, 8.72%, Maturing March 31, 2007	755,156
		Wellman, Inc.
2,250,000		Term Loan, 9.15%, Maturing February 10, 2009	2,258,788
			$	54,587,505
Clothing/Textiles — 0.4%
		Propex Fabrics, Inc.
943,822		Term Loan, 7.76%, Maturing July 31, 2012	945,002
		St. John Knits International, Inc.
695,480		Term Loan, 7.75%, Maturing March 23, 2012	695,480

		The William Carter Co.
$	728,703	Term Loan, 6.85%, Maturing July 14, 2012	$	727,792
			$	2,368,274
Conglomerates — 3.0%
		Amsted Industries, Inc.
1,738,827		Term Loan, 7.46%, Maturing October 15, 2010	1,749,153
		Blount, Inc.
344,753		Term Loan, 7.18%, Maturing August 9, 2010	348,344
		Education Management, LLC
1,550,000		Term Loan, 8.06%, Maturing June 1, 2013	1,559,929
		Euramax International, Inc.
608,052		Term Loan, 8.06%, Maturing June 28, 2012	611,548
501,316		Term Loan, 12.49%, Maturing June 28, 2013	504,136
248,684		Term Loan, 12.49%, Maturing June 28, 2013	250,083
		Goodman Global Holdings, Inc.
1,065,995		Term Loan, 6.94%, Maturing December 23, 2011	1,064,828
		Jarden Corp.
1,507,357		Term Loan, 7.25%, Maturing January 24, 2012	1,502,803
2,675,111		Term Loan, 7.50%, Maturing January 24, 2012	2,676,783
		Johnson Diversey, Inc.
1,718,335		Term Loan, 7.63%, Maturing November 3, 2009	1,731,490
		Polymer Group, Inc.
2,562,125		Term Loan, 7.74%, Maturing November 22, 2012	2,569,599
		PP Acquisition Corp.
2,484,409		Term Loan, 8.40%, Maturing November 12, 2011	2,509,253
		Sensata Technologies Finance Co.
800,000		Term Loan, 7.24%, Maturing April 27, 2013	796,643
		Terex Corp.
725,000		Term Loan, 7.11%, Maturing July 13, 2013	727,719
			$	18,602,311
Containers and Glass Products — 5.1%
		Berry Plastics Corp.
2,055,808		Term Loan, 7.15%, Maturing December 2, 2011	2,056,236
		Bluegrass Container Company
380,000		Term Loan, 0.00%, Maturing June 30, 2013 (2)	382,018
1,270,000		Term Loan, 7.65%, Maturing June 30, 2013	1,276,745
284,848		Term Loan, 0.00%, Maturing December 30, 2013 (2)	288,765
890,152		Term Loan, 10.40%, Maturing December 30, 2013	902,391
		Consolidated Container Holding, LLC
1,176,000		Term Loan, 8.38%, Maturing December 15, 2008	1,182,370
		Crown Americas, Inc.
625,000		Term Loan, 6.95%, Maturing November 15, 2012	625,781
		Graham Packaging Holdings Co.
4,334,000		Term Loan, 7.75%, Maturing October 7, 2011	4,351,154
374,051		Term Loan, 7.81%, Maturing October 7, 2011	375,531

$	1,428,571	Term Loan, 9.75%, Maturing April 7, 2012	$	1,450,000
		Graphic Packaging International, Inc.
5,427,325		Term Loan, 7.92%, Maturing August 8, 2010	5,477,235
		IPG (US), Inc.
2,146,763		Term Loan, 7.58%, Maturing July 28, 2011	2,161,968
		JSG Acquisitions
1,845,000		Term Loan, 7.88%, Maturing December 1, 2013	1,874,981
1,845,000		Term Loan, 8.38%, Maturing December 1, 2013	1,874,981
		Owens-Brockway Glass Container
1,625,000		Term Loan, 7.11%, Maturing June 14, 2013	1,627,369
		Smurfit-Stone Container Corp.
589,195		Term Loan, 4.73%, Maturing November 1, 2010	592,591
3,050,595		Term Loan, 7.59%, Maturing November 1, 2010	3,068,178
1,474,236		Term Loan, 7.54%, Maturing November 1, 2011	1,482,733
669,938		Term Loan, 7.63%, Maturing November 1, 2011	673,799
			$	31,724,826
Cosmetics/Toiletries — 0.4%
		Prestige Brands, Inc.
1,759,500		Term Loan, 7.23%, Maturing April 7, 2011	1,765,364
		Revlon Consumer Products Corp.
945,000		Term Loan, 11.49%, Maturing July 9, 2009	970,200
			$	2,735,564
Drugs — 1.1%
		Patheon, Inc.
1,792,434		Term Loan, 7.74%, Maturing December 14, 2011	1,792,434
		Warner Chilcott Corp.
8,811		Term Loan, 7.63%, Maturing January 12, 2012	8,830
44,054		Term Loan, 7.80%, Maturing January 12, 2012	44,150
1,247,939		Term Loan, 7.61%, Maturing January 18, 2012	1,250,929
576,513		Term Loan, 7.61%, Maturing January 18, 2012	577,894
3,096,998		Term Loan, 7.62%, Maturing January 18, 2012	3,104,419
			$	6,778,656
Ecological Services and Equipment — 2.2%
		Alderwoods Group, Inc.
206,089		Term Loan, 7.39%, Maturing August 19, 2010	206,390
		Allied Waste Industries, Inc.
1,310,943		Term Loan, 4.88%, Maturing January 15, 2012	1,306,164
3,376,347		Term Loan, 7.15%, Maturing January 15, 2012	3,364,388
		Duratek, Inc.
596,226		Term Loan, 7.76%, Maturing June 7, 2013	601,443
		Energysolutions, LLC
62,107		Term Loan, 7.62%, Maturing June 7, 2013	62,650
1,316,667		Term Loan, 7.76%, Maturing June 7, 2013	1,328,187

		Environmental Systems, Inc.
$	967,230	Term Loan, 8.86%, Maturing December 12, 2008		$		974,484
2,500,000		Term Loan, 15.37%, Maturing December 12, 2010		2,537,500
		IESI Corp.
970,588		Term Loan, 7.19%, Maturing January 20, 2012		972,408
		Sensus Metering Systems, Inc.
315,326		Term Loan, 7.20%, Maturing December 17, 2010		316,114
2,373,913		Term Loan, 7.24%, Maturing December 17, 2010		2,379,848
				$		14,049,576
Electronics/Electrical — 2.6%
		AMI Semiconductor, Inc.
2,066,120		Term Loan, 6.90%, Maturing April 1, 2012	2,071,286
		Communications & Power, Inc.
482,716		Term Loan, 7.61%, Maturing July 23, 2010	484,828
		Enersys Capital, Inc.
1,078,000		Term Loan, 7.29%, Maturing March 17, 2011	1,080,695
		Epicor Software Corp.
374,063		Term Loan, 7.77%, Maturing March 30, 2012	377,102
		FCI International S.A.S.
216,536		Term Loan, 8.83%, Maturing October 31, 2008	217,957
208,464		Term Loan, 8.83%, Maturing October 31, 2008	211,330
208,464		Term Loan, 8.33%, Maturing November 1, 2013	211,330
216,536		Term Loan, 8.33%, Maturing November 1, 2013	216,874
		Network Solutions, LLC
960,175		Term Loan, 10.50%, Maturing January 9, 2012	972,177
		Open Solutions, Inc.
1,050,000		Term Loan, 11.78%, Maturing March 3, 2012	1,077,562
		Rayovac Corp.
3,453,516		Term Loan, 8.33%, Maturing February 7, 2012	3,457,832
		Security Co., Inc.
980,022		Term Loan, 8.75%, Maturing June 30, 2010	982,472
1,000,000		Term Loan, 12.63%, Maturing June 30, 2011	1,012,500
		Serena Software, Inc.
562,500		Term Loan, 7.41%, Maturing March 10, 2013	562,500
		Telcordia Technologies, Inc.
2,699,597		Term Loan, 7.73%, Maturing September 15, 2012	2,608,485
		Vertafore, Inc.
850,000		Term Loan, 11.13%, Maturing January 31, 2013	863,458
			$		16,408,388
Equipment Leasing — 2.0%
		Ashtead Group, PLC
990,000		Term Loan, 6.94%, Maturing November 12, 2009	990,619
		Maxim Crane Works, L.P.
1,040,905		Term Loan, 7.44%, Maturing January 28, 2010	1,044,158

		The Hertz Corp.
$	400,000	Term Loan, 5.42%, Maturing December 21, 2012	$	402,442
3,186,021		Term Loan, 7.54%, Maturing December 21, 2012	3,205,475
		United Rentals, Inc.
1,121,250		Term Loan, 6.00%, Maturing February 14, 2011	1,124,453
5,480,110		Term Loan, 7.40%, Maturing February 14, 2011	5,495,766
			$	12,262,913
Farming/Agriculture — 0.3%
		Central Garden & Pet Co.
2,069,813		Term Loan, 6.85%, Maturing February 28, 2014	2,071,106
			$	2,071,106
Financial Intermediaries — 3.1%
		AIMCO Properties, L.P.
3,300,000		Term Loan, 7.01%, Maturing November 2, 2009	3,308,250
		Ameritrade Holding Corp.
4,214,438		Term Loan, 6.90%, Maturing December 31, 2012	4,209,169
		Coinstar, Inc.
526,031		Term Loan, 7.51%, Maturing July 7, 2011	529,319
		Fidelity National Information Solutions, Inc.
6,327,475		Term Loan, 7.10%, Maturing March 9, 2013	6,335,618
		LPL Holdings, Inc.
3,606,875		Term Loan, 8.67%, Maturing June 30, 2013	3,649,707
		The Macerich Partnership, L.P.
1,210,000		Term Loan, 6.88%, Maturing April 26, 2010	1,207,983
			$	19,240,046
Food Products — 3.8%
		Advantage Sales & Marketing, Inc.
847,875		Term Loan, 7.22%, Maturing March 29, 2013	840,456
		BF Bolthouse HoldCo, LLC
1,150,000		Term Loan, 11.00%, Maturing December 16, 2013	1,172,042
		Chiquita Brands, LLC
1,178,100		Term Loan, 7.65%, Maturing June 28, 2012	1,181,290
		Constellation Brands, Inc.
5,761,111		Term Loan, 6.82%, Maturing June 5, 2013	5,785,867
		Del Monte Corp.
1,517,397		Term Loan, 7.04%, Maturing February 8, 2012	1,524,193
		Dole Food Company, Inc.
162,791		Term Loan, 5.37%, Maturing April 12, 2013	159,665
365,363		Term Loan, 7.19%, Maturing April 12, 2013	358,348
1,217,878		Term Loan, 7.20%, Maturing April 12, 2013	1,194,493
		Michael Foods, Inc.
3,566,107		Term Loan, 7.51%, Maturing November 21, 2010	3,577,251
		Nutro Products, Inc.
473,813		Term Loan, 7.27%, Maturing April 26, 2013	474,405

		Pinnacle Foods Holdings Corp.
$	5,559,845	Term Loan, 7.48%, Maturing November 25, 2010	$	5,565,060
		Reddy Ice Group, Inc.
1,970,000		Term Loan, 7.25%, Maturing August 9, 2012	1,968,769
			$	23,801,839
Food Service — 3.5%
		AFC Enterprises, Inc.
589,257		Term Loan, 7.75%, Maturing May 11, 2011	593,677
		Buffets, Inc.
418,182		Term Loan, 4.88%, Maturing June 28, 2009	419,750
1,826,562		Term Loan, 9.00%, Maturing June 28, 2009	1,833,411
		Burger King Corp.
1,707,770		Term Loan, 7.00%, Maturing June 30, 2012	1,703,633
		Carrols Corp.
2,240,757		Term Loan, 8.00%, Maturing December 31, 2010	2,256,512
		CBRL Group, Inc.
1,994,483		Term Loan, 6.63%, Maturing April 27, 2013	1,985,258
		CKE Restaurants, Inc.
275,808		Term Loan, 7.38%, Maturing May 1, 2010	277,704
		Denny’s, Inc.
955,463		Term Loan, 8.59%, Maturing September 21, 2009	959,842
		Domino’s, Inc.
6,745,940		Term Loan, 6.98%, Maturing June 25, 2010	6,757,185
		Jack in the Box, Inc.
2,924,999		Term Loan, 6.84%, Maturing January 8, 2011	2,939,016
		NPC International, Inc.
435,417		Term Loan, 6.93%, Maturing May 3, 2013	432,832
		QCE Finance, LLC
500,000		Term Loan, 7.75%, Maturing May 5, 2013	499,323
950,000		Term Loan, 11.25%, Maturing November 5, 2013	964,844
		Sagittarius Restaurants, LLC
399,000		Term Loan, 7.75%, Maturing March 29, 2013	398,501
			$	22,021,488
Food/Drug Retailers — 2.4%
		Cumberland Farms, Inc.
818,389		Term Loan, 8.50%, Maturing September 8, 2008	822,481
		General Nutrition Centers, Inc.
1,005,450		Term Loan, 8.06%, Maturing December 7, 2009	1,012,677
1,000,000		Revolving Loan, 0.00%, Maturing December 15, 2009 (2)	972,500
		Giant Eagle, Inc.
1,840,750		Term Loan, 6.92%, Maturing November 7, 2012	1,845,352
		Roundy’s Supermarkets, Inc.
3,407,875		Term Loan, 8.23%, Maturing November 3, 2011	3,443,375
		Supervalu, Inc.
1,496,250		Term Loan, 7.06%, Maturing June 1, 2012	1,492,925

		The Jean Coutu Group (PJC), Inc.
$	4,678,998	Term Loan, 8.00%, Maturing July 30, 2011	$	4,692,558
		The Pantry, Inc.
796,000		Term Loan, 7.15%, Maturing January 2, 2012	797,742
			$	15,079,610
Forest Products — 3.6%
		Appleton Papers, Inc.
1,682,969		Term Loan, 7.56%, Maturing June 11, 2010	1,690,332
		Boise Cascade Holdings, LLC
2,412,092		Term Loan, 7.20%, Maturing October 29, 2011	2,418,670
		Buckeye Technologies, Inc.
2,620,322		Term Loan, 7.16%, Maturing April 15, 2010	2,620,322
		Georgia-Pacific Corp.
8,805,750		Term Loan, 7.35%, Maturing December 20, 2012	8,806,076
2,675,000		Term Loan, 8.30%, Maturing December 23, 2013	2,701,392
		NewPage Corp.
2,051,406		Term Loan, 8.50%, Maturing May 2, 2011	2,066,792
		RLC Industries Co.
1,101,214		Term Loan, 7.00%, Maturing February 24, 2010	1,103,279
		Xerium Technologies, Inc.
1,367,232		Term Loan, 7.75%, Maturing November 19, 2011	1,362,960
			$	22,769,823
Healthcare — 9.7%
		Accellent, Inc.
348,250		Term Loan, 7.23%, Maturing November 22, 2012	347,887
		Alliance Imaging, Inc.
1,111,970		Term Loan, 7.95%, Maturing December 29, 2011	1,115,445
		Ameripath, Inc.
867,825		Term Loan, 7.39%, Maturing October 31, 2012	867,717
		AMN Healthcare, Inc.
468,311		Term Loan, 7.50%, Maturing November 2, 2011	470,360
		AMR HoldCo, Inc.
1,154,382		Term Loan, 7.26%, Maturing February 10, 2012	1,156,187
		Angiotech Pharmaceuticals, Inc.
478,777		Term Loan, 6.97%, Maturing March 23, 2013	473,092
		Caremore Holdings, Inc.
897,750		Term Loan, 8.75%, Maturing February 28, 2013	902,520
		Carl Zeiss Topco GMBH
368,333		Term Loan, 7.86%, Maturing February 28, 2013	371,710
736,667		Term Loan, 8.36%, Maturing February 28, 2014	747,103
375,000		Term Loan, 10.61%, Maturing August 31, 2014	380,578
		Community Health Systems, Inc.
7,114,745		Term Loan, 6.97%, Maturing August 19, 2011	7,124,748
		Concentra Operating Corp.
2,237,799		Term Loan, 7.62%, Maturing September 30, 2011	2,244,094

		Conmed Corp.
$	1,097,250	Term Loan, 7.14%, Maturing April 13, 2013	$	1,101,365
		CRC Health Corp.
498,750		Term Loan, 7.75%, Maturing February 6, 2013	498,127
		Davita, Inc.
6,808,712		Term Loan, 7.44%, Maturing October 5, 2012	6,830,595
		DJ Orthopedics, LLC
349,125		Term Loan, 7.04%, Maturing April 7, 2013	347,816
		Encore Medical IHC, Inc.
1,407,722		Term Loan, 8.31%, Maturing October 4, 2010	1,413,001
		FGX International, Inc.
600,000		Term Loan, 9.40%, Maturing December 12, 2012	601,500
333,000		Term Loan, 13.15%, Maturing December 9, 2013	328,837
		FHC Health Systems, Inc.
928,571		Term Loan, 11.23%, Maturing December 18, 2009	961,071
650,000		Term Loan, 13.23%, Maturing December 18, 2009	672,750
500,000		Term Loan, 14.23%, Maturing February 7, 2011	517,500
		Fresenius Medical Care Holdings
3,765,563		Term Loan, 6.85%, Maturing March 31, 2013	3,737,061
		Gentiva Health Services, Inc.
791,554		Term Loan, 7.66%, Maturing February 28, 2014	792,915
		Hanger Orthopedic Group, Inc.
725,000		Term Loan, 8.00%, Maturing May 30, 2013	728,172
		Healthcare Partners, LLC
860,893		Term Loan, 7.86%, Maturing March 2, 2011	865,198
		HealthSouth Corp.
2,125,000		Term Loan, 8.52%, Maturing March 10, 2013	2,123,818
		Kinetic Concepts, Inc.
1,497,448		Term Loan, 7.25%, Maturing August 11, 2010	1,506,807
		Leiner Health Products, Inc.
975,100		Term Loan, 8.61%, Maturing May 27, 2011	978,757
		Lifecare Holdings, Inc.
868,438		Term Loan, 7.65%, Maturing August 11, 2012	829,358
		Lifepoint Hospitals, Inc.
3,937,182		Term Loan, 7.13%, Maturing April 15, 2012	3,925,973
		Magellan Health Services, Inc.
1,111,111		Term Loan, 5.21%, Maturing August 15, 2008	1,113,889
1,111,111		Term Loan, 7.16%, Maturing August 15, 2008	1,113,889
		Matria Healthcare, Inc.
88,462		Term Loan, 7.44%, Maturing January 19, 2007	87,798
500,000		Term Loan, 11.94%, Maturing January 19, 2007	508,125
202,827		Term Loan, 7.63%, Maturing January 19, 2012	202,193
		Multiplan Merger Corp.
998,320		Term Loan, 7.50%, Maturing April 12, 2013	994,576
		National Mentor Holdings, Inc.
61,600		Term Loan, 7.84%, Maturing June 29, 2013	61,792

$	1,038,400	Term Loan, 7.90%, Maturing June 29, 2013	$	1,041,645
		National Rental Institutes, Inc.
875,000		Term Loan, 7.50%, Maturing March 31, 2013	875,000
		PER-SE Technologies, Inc.
885,057		Term Loan, 7.75%, Maturing January 6, 2013	887,270
		Renal Advantage, Inc.
347,375		Term Loan, 7.84%, Maturing October 6, 2012	350,415
		Select Medical Holding Corp.
2,171,284		Term Loan, 6.94%, Maturing February 24, 2012	2,144,415
		Sunrise Medical Holdings, Inc.
968,577		Term Loan, 8.44%, Maturing May 13, 2010	969,788
		Talecris Biotherapeutics, Inc.
997,375		Term Loan, 8.44%, Maturing March 31, 2010	1,002,362
468,750		Term Loan, 9.75%, Maturing May 31, 2010	468,750
		Vanguard Health Holding Co., LLC
2,204,124		Term Loan, 7.87%, Maturing September 23, 2011	2,215,603
		VWR International, Inc.
1,780,079		Term Loan, 7.77%, Maturing April 7, 2011	1,786,755
			$	60,786,327
Home Furnishings — 1.5%
		Interline Brands, Inc.
1,003,261		Term Loan, 7.26%, Maturing June 23, 2013	1,007,023
771,739		Term Loan, 7.26%, Maturing June 23, 2013	774,633
		Knoll, Inc.
1,649,025		Term Loan, 7.25%, Maturing October 3, 2012	1,658,301
		National Bedding Co., LLC
550,000		Term Loan, 10.49%, Maturing August 31, 2012	559,969
		Sealy Mattress Co.
2,449,203		Term Loan, 7.10%, Maturing April 6, 2012	2,453,414
		Simmons Co.
2,889,682		Term Loan, 7.49%, Maturing December 19, 2011	2,902,325
			$	9,355,665
Industrial Equipment — 0.8%
		Aearo Technologies, Inc.
400,000		Term Loan, 11.96%, Maturing September 24, 2013	407,250
		Alliance Laundry Holdings, LLC
901,250		Term Loan, 7.60%, Maturing January 27, 2012	904,912
		Douglas Dynamics Holdings, Inc.
863,795		Term Loan, 7.25%, Maturing December 16, 2010	865,955
		Flowserve Corp.
2,012,991		Term Loan, 7.23%, Maturing August 10, 2012	2,017,396
		Nacco Materials Handling Group, Inc.
625,000		Term Loan, 7.22%, Maturing March 22, 2013	623,437
			$	4,818,950

Insurance — 1.0%
		ARG Holding, Inc.
$	1,250,000	Term Loan, 12.75%, Maturing November 30, 2012	$	1,268,750
		CCC Information Services Group
700,000		Term Loan, 8.00%, Maturing February 10, 2013	703,646
		Conseco, Inc.
3,210,181		Term Loan, 7.12%, Maturing June 22, 2010	3,217,539
		U.S.I. Holdings Corp.
1,175,333		Term Loan, 7.75%, Maturing March 24, 2011	1,184,148
			$	6,374,083
Leisure Goods/Activities/Movies — 8.6%
		24 Hour Fitness Worldwide, Inc.
1,670,813		Term Loan, 8.05%, Maturing June 8, 2012	1,681,255
		Alliance Atlantis Communications, Inc.
617,188		Term Loan, 7.00%, Maturing December 20, 2011	616,802
		AMC Entertainment, Inc.
1,865,625		Term Loan, 7.53%, Maturing January 26, 2013	1,873,681
		AMF Bowling Worldwide, Inc.
1,753,478		Term Loan, 8.30%, Maturing August 27, 2009	1,768,274
		Bombardier Recreational Product
2,000,000		Term Loan, 8.24%, Maturing June 28, 2013	1,998,750
		Century California Subsidiary
363,181		Term Loan, 7.11%, Maturing March 1, 2013	363,953
		Cinemark, Inc.
1,955,000		Term Loan, 7.26%, Maturing March 31, 2011	1,958,056
		Deluxe Entertainment Services
909,583		Term Loan, 9.25%, Maturing January 28, 2011	942,556
		Easton-Bell Sports, Inc.
548,625		Term Loan, 6.81%, Maturing March 16, 2013	549,540
		Fender Musical Instruments Co.
705,000		Term Loan, 11.12%, Maturing March 30, 2012	710,287
		HEI Acquisition, LLC
575,000		Term Loan, 8.00%, Maturing December 31, 2011	577,156
		Mega Blocks, Inc.
1,633,500		Term Loan, 7.17%, Maturing July 26, 2012	1,632,990
		Metro-Goldwyn-Mayer Holdings, Inc.
9,042,338		Term Loan, 7.75%, Maturing April 8, 2012	9,068,244
		Regal Cinemas Corp.
7,411,316		Term Loan, 7.24%, Maturing November 10, 2010	7,380,574
		Six Flags Theme Parks, Inc.
7,764,171		Term Loan, 8.36%, Maturing June 30, 2009	7,838,350
		Southwest Sports Group, LLC
1,875,000		Term Loan, 8.00%, Maturing December 22, 2010	1,876,172
		Universal City Development Partners, Ltd.
1,822,800		Term Loan, 7.38%, Maturing June 9, 2011	1,825,649

		WMG Acquisition Corp.
$	875,000	Revolving Loan, 0.00%, Maturing February 28, 2010 (2)	$	850,500
9,869,365		Term Loan, 7.31%, Maturing February 28, 2011	9,903,543
			$	53,416,332
Lodging and Casinos — 5.0%
		Alliance Gaming Corp.
4,907,997		Term Loan, 9.33%, Maturing September 5, 2009	4,926,402
		Ameristar Casinos, Inc.
1,094,500		Term Loan, 6.73%, Maturing November 10, 2012	1,098,263
		CCM Merger, Inc.
2,463,879		Term Loan, 7.42%, Maturing April 25, 2012	2,458,643
		Columbia Entertainment
301,295		Term Loan, 8.00%, Maturing October 24, 2011	302,989
		Fairmont Hotels and Resorts, Inc.
1,400,000		Term Loan, 8.61%, Maturing May 12, 2011	1,408,750
		Globalcash Access, LLC
741,338		Term Loan, 7.15%, Maturing March 10, 2010	745,277
		Green Valley Ranch Gaming, LLC
1,231,251		Term Loan, 7.25%, Maturing December 17, 2011	1,232,790
		Isle of Capri Casinos, Inc.
2,240,875		Term Loan, 7.17%, Maturing February 4, 2011	2,242,836
		Penn National Gaming, Inc.
6,520,725		Term Loan, 7.13%, Maturing October 3, 2012	6,544,363
		Pinnacle Entertainment, Inc.
700,000		Term Loan, 0.00%, Maturing December 14, 2011 (2)	699,344
625,000		Term Loan, 7.40%, Maturing December 14, 2011	627,051
		Resorts International Holdings, LLC
1,067,119		Term Loan, 9.50%, Maturing April 26, 2012	1,075,523
1,070,744		Term Loan, 16.50%, Maturing April 26, 2013	1,115,135
		Venetian Casino Resort, LLC
3,433,304		Term Loan, 7.25%, Maturing June 15, 2011	3,433,572
707,898		Term Loan, 7.25%, Maturing June 15, 2011	707,953
		VML US Finance, LLC
441,667		Term Loan, 0.00%, Maturing May 25, 2012 (2)	441,115
883,333		Term Loan, 8.20%, Maturing May 25, 2013	887,474
		Wynn Las Vegas, LLC
1,225,000		Term Loan, 7.55%, Maturing December 14, 2011	1,227,297
			$	31,174,777
Nonferrous Metals/Minerals — 1.9%
		Almatis Holdings 5 BV
325,000		Term Loan, 8.12%, Maturing December 21, 2013	329,701
325,000		Term Loan, 8.62%, Maturing December 21, 2014	331,152
		Alpha Natural Resources, LLC
870,625		Term Loan, 7.25%, Maturing October 26, 2012	870,897
		Carmeuse Lime, Inc.
585,617		Term Loan, 7.25%, Maturing May 2, 2011	587,081

		International Mill Service, Inc.
$	2,000,000	Term Loan, 11.50%, Maturing October 26, 2011	$	2,007,500
		Magnequench International, Inc.
1,529,938		Term Loan, 9.00%, Maturing August 31, 2009	1,532,806
		Magnum Coal Co.
186,364		Term Loan, 8.65%, Maturing March 15, 2013	187,179
1,858,977		Term Loan, 8.75%, Maturing March 15, 2013	1,867,110
		Murray Energy Corp.
918,375		Term Loan, 8.40%, Maturing January 28, 2010	927,559
		Novelis, Inc.
1,197,649		Term Loan, 7.38%, Maturing January 7, 2012	1,205,883
2,080,613		Term Loan, 7.38%, Maturing January 7, 2012	2,094,917
			$	11,941,785
Oil and Gas — 3.7%
		Coffeyville Resources, LLC
850,000		Term Loan, 12.19%, Maturing June 24, 2013	874,172
		Concho Resources, Inc.
2,175,000		Term Loan, 9.50%, Maturing July 6, 2011 (3)	2,164,777
		Dresser, Inc.
283,134		Term Loan, 7.90%, Maturing March 31, 2007	287,086
		Epco Holdings, Inc.
444,248		Term Loan, 7.15%, Maturing August 18, 2008	445,359
1,885,950		Term Loan, 7.40%, Maturing August 18, 2010	1,896,411
		Key Energy Services, Inc.
1,189,025		Term Loan, 8.90%, Maturing June 30, 2012	1,194,723
		LB Pacific, L.P.
1,503,481		Term Loan, 7.95%, Maturing March 3, 2012	1,510,999
		Lyondell-Citgo Refining, L.P.
2,633,756		Term Loan, 7.50%, Maturing May 21, 2007	2,640,341
		Niska Gas Storage
173,939		Term Loan, 0.00%, Maturing May 13, 2011 (2)	173,939
248,485		Term Loan, 7.03%, Maturing May 13, 2011	248,485
260,257		Term Loan, 7.03%, Maturing May 13, 2011	260,257
1,363,405		Term Loan, 7.03%, Maturing May 12, 2013	1,363,405
		Petroleum Geo-Services ASA
1,189,596		Term Loan, 7.75%, Maturing December 16, 2012	1,197,031
		Primary Natural Resources, Inc.
1,550,000		Term Loan, 9.50%, Maturing July 28, 2010 (3)	1,547,055
		Targa Resources, Inc.
1,685,000		Term Loan, 7.48%, Maturing October 31, 2007	1,687,457
2,256,977		Term Loan, 7.39%, Maturing October 31, 2012	2,263,626
1,365,968		Term Loan, 7.75%, Maturing October 31, 2012	1,369,992
		Universal Compression, Inc.
1,022,069		Term Loan, 7.00%, Maturing February 15, 2012	1,025,475
		W&T Offshore, Inc.
1,075,000		Term Loan, 0.00%, Maturing May 26, 2010 (2)	1,078,359
			$	23,228,949

Publishing — 6.2%
		American Media Operations, Inc.
$	4,275,000	Term Loan, 8.12%, Maturing January 31, 2013	$	4,314,009
		Caribe Information Investments
798,000		Term Loan, 7.45%, Maturing March 31, 2013	798,997
		CBD Media, LLC
1,944,318		Term Loan, 7.87%, Maturing December 31, 2009	1,958,900
		Dex Media East, LLC
5,313,562		Term Loan, 6.77%, Maturing May 8, 2009	5,289,949
		Dex Media West, LLC
3,903,135		Term Loan, 6.80%, Maturing March 9, 2010	3,885,614
		Gatehouse Media Operating, Inc.
1,700,000		Term Loan, 7.59%, Maturing June 6, 2013	1,698,407
		Hanley-Wood, LLC
53,960		Term Loan, 7.46%, Maturing August 1, 2012	54,017
455,183		Term Loan, 7.52%, Maturing August 1, 2012	455,658
		Merrill Communications, LLC
1,307,118		Term Loan, 7.69%, Maturing May 5, 2011	1,313,858
		Nebraska Book Co., Inc.
1,427,150		Term Loan, 7.61%, Maturing March 4, 2011	1,434,286
		Philadelphia Newspapers, LLC
750,000		Term Loan, 8.09%, Maturing June 29, 2013	752,813
		R.H. Donnelley Corp.
93,824		Term Loan, 6.73%, Maturing December 31, 2009	93,003
5,267,806		Term Loan, 6.88%, Maturing June 30, 2011	5,234,060
		Source Media, Inc.
1,857,515		Term Loan, 7.68%, Maturing November 8, 2011	1,860,998
		SP Newsprint Co.
3,866,667		Term Loan, 5.40%, Maturing January 9, 2010	3,881,167
840,000		Term Loan, 7.83%, Maturing January 9, 2010	843,150
		Sun Media Corp.
1,264,384		Term Loan, 7.24%, Maturing February 7, 2009	1,263,857
		Xsys US, Inc.
1,872,229		Term Loan, 8.00%, Maturing December 31, 2012	1,888,611
1,896,271		Term Loan, 8.50%, Maturing December 31, 2013	1,922,344
			$	38,943,698
Radio and Television — 5.4%
		Adams Outdoor Advertising, L.P.
1,345,791		Term Loan, 7.27%, Maturing October 18, 2012	1,348,876
		ALM Media Holdings, Inc.
1,107,375		Term Loan, 8.00%, Maturing March 5, 2010	1,106,913
		Block Communications, Inc.
845,750		Term Loan, 7.50%, Maturing December 22, 2011	847,864
		Cequel Communications, LLC
1,550,000		Term Loan, 9.85%, Maturing May 5, 2014	1,503,500
2,950,000		Term Loan, 11.35%, Maturing May 5, 2014	2,836,918

		CMP KC, LLC
$	1,000,000	Term Loan, 9.31%, Maturing May 3, 2011	$	1,001,250
		CMP Susquehanna Corp.
1,380,000		Term Loan, 7.31%, Maturing May 5, 2013	1,380,647
		Cumulus Media, Inc.
1,450,000		Term Loan, 7.45%, Maturing June 7, 2013	1,453,173
		DirecTV Holdings, LLC
3,886,851		Term Loan, 6.90%, Maturing April 13, 2013	3,888,200
		Entravision Communications Corp.
1,315,063		Term Loan, 7.01%, Maturing September 29, 2013	1,316,021
		Gray Television, Inc.
1,268,625		Term Loan, 7.01%, Maturing November 22, 2015	1,269,682
		HIT Entertainment, Inc.
1,014,750		Term Loan, 7.70%, Maturing March 20, 2012	1,019,824
		NEP Supershooters, L.P.
1,916,927		Term Loan, 13.50%, Maturing August 3, 2011	1,945,681
		Nexstar Broadcasting, Inc.
1,817,856		Term Loan, 7.25%, Maturing October 1, 2012	1,815,962
1,765,642		Term Loan, 7.25%, Maturing October 1, 2012	1,763,802
		NextMedia Operating, Inc.
129,788		Term Loan, 7.33%, Maturing November 15, 2012	129,565
292,027		Term Loan, 7.37%, Maturing November 15, 2012	291,525
		Patriot Media and Communications CNJ, LLC
500,000		Term Loan, 10.35%, Maturing October 4, 2013	511,250
		Paxson Communcations Corp.
2,500,000		Term Loan, 8.76%, Maturing December 30, 2011	2,553,125
		Raycom TV Broadcasting, LLC
2,810,332		Term Loan, 7.00%, Maturing August 28, 2013	2,803,306
		SFX Entertainment
1,393,000		Term Loan, 7.75%, Maturing June 21, 2013	1,394,452
		Young Broadcasting, Inc.
727,650		Term Loan, 7.73%, Maturing November 3, 2012	725,490
997,500		Term Loan, 7.88%, Maturing November 3, 2012	994,538
			$	33,901,564
Rail Industries — 0.8%
		Kansas City Southern Railway Co.
2,025,000		Term Loan, 7.14%, Maturing February 28, 2013	2,030,063
		Railamerica, Inc.
2,453,990		Term Loan, 7.25%, Maturing September 29, 2011	2,473,163
206,599		Term Loan, 7.25%, Maturing September 29, 2011	208,213
			$	4,711,439
Retailers (Except Food and Drug) — 4.1%
		Advance Stores Company, Inc.
1,499,991		Term Loan, 6.83%, Maturing September 30, 2010	1,501,866
891,710		Term Loan, 6.87%, Maturing September 30, 2010	892,825

		Alimentation Couche-Tard, Inc.
$	1,193,878	Term Loan, 7.13%, Maturing December 17, 2010	$	1,201,091
		American Achievement Corp.
481,015		Term Loan, 7.95%, Maturing March 25, 2011	484,622
		Amscan Holdings, Inc.
1,421,438		Term Loan, 8.28%, Maturing December 23, 2012	1,426,175
		Coinmach Laundry Corp.
3,492,939		Term Loan, 7.78%, Maturing December 19, 2012	3,522,045
		Harbor Freight Tools USA, Inc.
1,815,052		Term Loan, 6.92%, Maturing July 15, 2010	1,815,904
		Home Interiors & Gifts, Inc.
1,050,291		Term Loan, 10.36%, Maturing March 31, 2011	928,195
		Josten’s Corp.
3,417,787		Term Loan, 7.07%, Maturing October 4, 2010	3,438,438
		Mapco Express, Inc.
545,639		Term Loan, 8.20%, Maturing April 28, 2011	548,708
		Mauser Werke GMBH & Co. KG
1,175,000		Term Loan, 8.25%, Maturing December 3, 2011	1,182,344
		Movie Gallery, Inc.
983,093		Term Loan, 10.75%, Maturing April 27, 2011	960,129
		Neiman Marcus Group, Inc.
925,633		Term Loan, 7.77%, Maturing April 5, 2013	934,234
		Petro Stopping Center, L.P.
531,250		Term Loan, 7.88%, Maturing February 9, 2008	533,906
		Savers, Inc.
948,481		Term Loan, 8.60%, Maturing August 4, 2009	950,852
1,000,000		Term Loan, 13.35%, Maturing August 4, 2010	1,015,000
		Sears Canada, Inc.
897,750		Term Loan, 7.25%, Maturing December 22, 2012	899,433
		Stewert Enterprises, Inc.
360,335		Term Loan, 6.86%, Maturing November 19, 2011	361,236
		Travelcenters of America, Inc.
3,074,550		Term Loan, 7.02%, Maturing November 30, 2008	3,077,240
			$	25,674,243
Steel — 0.2%
		Gibraltar Industries, Inc.
475,543		Term Loan, 7.19%, Maturing December 8, 2010	475,543
		John Maneely Co.
481,509		Term Loan, 8.51%, Maturing March 25, 2013	485,722
			$	961,265
Surface Transport — 0.8%
		Gainey Corp.
775,000		Term Loan, 8.12%, Maturing April 20, 2012	781,297
		Horizon Lines, LLC
931,000		Term Loan, 7.75%, Maturing July 7, 2011	937,401

		Sirva Worldwide, Inc.
$	1,789,400	Term Loan, 9.97%, Maturing December 1, 2010	$	1,733,481
		Vanguard Car Rental USA
1,600,000		Term Loan, 8.32%, Maturing June 14, 2013	1,607,000
			$	5,059,179
Telecommunications — 5.3%
		Alaska Communications Systems Holdings, Inc.
990,000		Term Loan, 7.25%, Maturing February 1, 2011	990,000
		Centennial Cellular Operating Co., LLC
4,445,833		Term Loan, 7.68%, Maturing February 9, 2011	4,466,871
		Cincinnati Bell, Inc.
645,125		Term Loan, 6.75%, Maturing August 31, 2012	643,512
		Consolidated Communications, Inc.
2,563,752		Term Loan, 7.44%, Maturing October 14, 2011	2,555,740
		Crown Castle Operating Co.
1,000,000		Term Loan, 7.65%, Maturing June 1, 2014	1,005,625
		D&E Communications, Inc.
974,763		Term Loan, 7.25%, Maturing December 31, 2011	978,418
		Fairpoint Communications, Inc.
2,980,000		Term Loan, 7.25%, Maturing February 8, 2012	2,966,963
		Hawaiian Telcom Communications, Inc.
748,333		Term Loan, 7.75%, Maturing October 31, 2012	752,609
		Iowa Telecommunications Services
2,616,000		Term Loan, 7.24%, Maturing November 23, 2011	2,620,633
		IPC Acquisition Corp.
449,537		Term Loan, 8.03%, Maturing August 5, 2011	452,403
		Madison River Capital, LLC
535,000		Term Loan, 7.73%, Maturing July 31, 2012	536,003
		NTelos, Inc.
1,201,714		Term Loan, 7.65%, Maturing August 24, 2011	1,201,413
		Qwest Corp.
4,000,000		Term Loan, 11.00%, Maturing June 4, 2007	4,071,500
		Stratos Global Corp.
1,050,000		Term Loan, 8.25%, Maturing February 13, 2012	1,053,500
		Triton PCS, Inc.
2,752,529		Term Loan, 8.65%, Maturing November 18, 2009	2,775,926
		Westcom Corp.
726,600		Term Loan, 8.30%, Maturing December 17, 2010	729,778
1,000,000		Term Loan, 12.54%, Maturing June 17, 2011	1,008,750
		Windstream Corp.
4,225,000		Term Loan, 7.26%, Maturing July 17, 2013	4,243,860
			$	33,053,504
Utilities — 3.7%
		Astoria Generating Co.
1,000,000		Term Loan, 9.20%, Maturing August 23, 2013	1,014,625

		BRSP, LLC
$	1,900,000	Term Loan, 8.58%, Maturing July 13, 2009	$	1,900,000
		Cellnet Technology, Inc.
558,434		Term Loan, 8.50%, Maturing April 26, 2012	563,669
		Cogentrix Delaware Holdings, Inc.
661,766		Term Loan, 7.00%, Maturing April 14, 2012	663,283
		Covanta Energy Corp.
988,618		Term Loan, 5.46%, Maturing May 27, 2013	994,179
708,445		Term Loan, 7.70%, Maturing May 27, 2013	712,430
471,250		Term Loan, 10.96%, Maturing June 24, 2013	481,853
		KGen, LLC
888,750		Term Loan, 8.12%, Maturing August 5, 2011	879,863
		La Paloma Generating Co., LLC
52,459		Term Loan, 7.15%, Maturing August 16, 2012	52,000
308,141		Term Loan, 7.25%, Maturing August 16, 2012	305,444
24,541		Term Loan, 7.25%, Maturing August 16, 2012	24,327
		LSP General Finance Co., LLC
37,374		Term Loan, 0.00%, Maturing April 14, 2013 (2)	37,280
887,626		Term Loan, 7.25%, Maturing April 14, 2013	885,407
		Mirant North America, LLC
1,094,500		Term Loan, 7.15%, Maturing January 3, 2013	1,089,028
		NRG Energy, Inc.
7,930,125		Term Loan, 7.23%, Maturing February 1, 2013	7,961,925
1,850,000		Term Loan, 7.50%, Maturing February 1, 2013	1,855,667
		Pike Electric, Inc.
253,968		Term Loan, 6.88%, Maturing July 1, 2012	254,048
590,065		Term Loan, 6.88%, Maturing July 2, 2012	590,250
		Plains Resources, Inc.
1,606,852		Term Loan, 6.69%, Maturing August 12, 2011	1,608,861
		Reliant Energy, Inc.
272,201		Term Loan, 7.78%, Maturing December 22, 2010	272,541
		Wolf Hollow I L.P.
400,000		Term Loan, 7.65%, Maturing June 22, 2012	399,833
388,483		Term Loan, 7.75%, Maturing June 22, 2012	388,321
			$	22,934,834
Total Senior, Floating Rate Interests (identified cost $860,380,572)			$	862,445,186

Corporate Bonds & Notes — 14.2%

Principal
Amount
(000’s omitted)		Security	Value
Aerospace and Defense — 0.2%
		Argo Tech Corp., Sr. Notes
$	880	9.25%, 6/1/11	$	913,000
		DRS Technologies, Inc., Sr. Sub. Notes
80		7.625%, 2/1/18	80,200
			$	993,200
Air Transport — 0.2%
		American Airlines
750		7.80%, 10/1/06	751,406
		Continental Airlines
388		7.033%, 6/15/11	381,664
		Delta Airlines Notes
1,000		7.90%, 12/15/09 (4)	267,500
			$	1,400,570
Automotive — 0.3%
		Altra Industrial Motion, Inc.
225		9.00%, 12/1/11	227,250
		Commercial Vehicle Group, Inc., Sr. Notes
100		8.00%, 7/1/13	95,375
		Ford Motor Credit Co., Variable Rate
990		8.149%, 11/2/07	991,611
		Tenneco Automotive, Inc., Series B
340		10.25%, 7/15/13	372,300
		Tenneco Automotive, Inc., Sr. Sub. Notes
255		8.625%, 11/15/14	254,362
		Visteon Corp., Sr. Notes
180		8.25%, 8/1/10	166,500
75		7.00%, 3/10/14	61,500
			$	2,168,898
Brokers/Dealers/Investment Houses — 0.1%
		*ETrade Financial Corp., Sr. Notes**
75		8.00%, 6/15/11	77,437
		Residential Capital Corp., Sub. Notes, Variable Rate
490		7.337%, 4/17/09 (5)	489,812
			$	567,249
Building and Development — 0.6%
		Collins & Aikman Floor Cover
300		9.75%, 2/15/10	297,000
		General Cable Corp., Sr. Notes
115		9.50%, 11/15/10	123,050

		Interface, Inc.
$	500	10.375%, 2/1/10	$	548,750
		Mueller Group, Inc., Sr. Sub. Notes
412		10.00%, 5/1/12	447,020
		Mueller Holdings, Inc., Disc. Notes
225		14.75%, 4/15/14	192,375
		Nortek, Inc., Sr. Sub. Notes
665		8.50%, 9/1/14	625,100
		NTK Holdings, Inc., Sr. Disc. Notes
225		10.75%, 3/1/14	158,625
		Panolam Industries International, Sr. Sub. Notes
290		10.75%, 10/1/13 (5)	282,750
		RMCC Acquisition Co., Sr. Sub. Notes
745		9.50%, 11/1/12 (5)	778,525
		Stanley-Martin Co.
80		9.75%, 8/15/15	63,200
			$	3,516,395
Business Equipment and Services — 0.4%
		Activant Solutions, Inc., Sr. Sub. Notes
95		9.50%, 5/1/16 (5)	90,250
		Affinion Group, Inc.
95		10.125%, 10/15/13 (5)	97,850
		Affinion Group, Inc., Sr. Sub. Notes
135		11.50%, 10/15/15 (5)	136,012
		Hydrochem Industrial Services, Inc., Sr. Sub Notes
200		9.25%, 2/15/13 (5)	196,500
		Knowledge Learning Center, Sr. Sub. Notes
160		7.75%, 2/1/15 (5)	148,000
		Norcross Safety Products, LLC/Norcross Capital Corp., Sr. Sub. Notes, Series B
40		9.875%, 8/15/11	41,800
		Safety Products Holdings, Inc., Sr. Notes (PIK)
405		11.75%, 1/1/12 PIK	414,950
		Sungard Data Systems, Inc.
400		9.125%, 8/15/13	410,500
302		10.25%, 8/15/15	307,662
		Sungard Data Systems, Inc., Variable Rate
100		9.431%, 8/15/13	104,500

		United Rentals North America, Inc.
$	30	6.50%, 2/15/12	$	28,500
		United Rentals North America, Inc., Sr. Sub. Notes
700		7.00%, 2/15/14	644,000
			$	2,620,524
Cable and Satellite Television — 0.5%
		Cablevision Systems Corp., Sr. Notes, Series B, Variable Rate
215		9.62%, 4/1/09	230,050
		CCO Holdings, LLC/CCO Capital Corp., Sr. Notes
730		10.80%, 11/15/13	728,175
		CSC Holdings, Inc., Series B
95		8.125%, 8/15/09	97,731
35		7.625%, 4/1/11	35,394
		Insight Communications, Sr. Disc. Notes
400		12.25%, 2/15/11	425,500
		Kabel Deutschland GMBH
190		10.625%, 7/1/14 (5)	202,350
		NTL Cable PLC, Sr. Notes
135		9.125%, 8/15/16	137,362
		UGS Corp.
1,225		10.00%, 6/1/12	1,324,531
			$	3,181,093
Chemicals and Plastics — 0.9%
		BCP Crystal Holdings Corp., Sr. Sub. Notes
312		9.625%, 6/15/14	336,570
		Crystal US Holdings/US Holdings 3, LLC, Sr. Disc. Notes, Series B
312		10.50%, 10/1/14	244,920
		Equistar Chemical, Sr. Notes
115		10.625%, 5/1/11	124,200
		Hexion U.S. Finance/Nova Scotia Finance
175		9.00%, 7/15/14	179,812
		Huntsman, LLC
272		11.625%, 10/15/10	300,900
		Ineos Group Holdings PLC
730		8.50%, 2/15/16 (5)	688,025
		Lyondell Chemical Co., Sr. Notes
938		10.50%, 6/1/13	1,034,145
		Nova Chemicals Corp., Senior Notes, Variable Rate
195		8.405%, 11/15/13	197,925
		OM Group, Inc.
1,765		9.25%, 12/15/11	1,835,600

		Polyone Corp., Sr. Notes
$	325	10.625%, 5/15/10	$	351,000
60		8.875%, 5/1/12	60,225
		PQ Corp.
80		7.50%, 2/15/13	77,200
			$	5,430,522
Clothing/Textiles — 0.5%
		Levi Strauss & Co., Sr. Notes
830		12.25%, 12/15/12	933,750
95		9.75%, 1/15/15	97,850
190		8.875%, 4/1/16	185,250
		Levi Strauss & Co., Sr. Notes, Variable Rate
380		10.258%, 4/1/12	391,400
		Oxford Industries, Inc., Sr. Notes
735		8.875%, 6/1/11	742,350
		Perry Ellis International, Inc., Sr. Sub. Notes
185		8.875%, 9/15/13	182,225
		Phillips Van-Heusen, Sr. Notes
155		7.25%, 2/15/11	154,612
		Quiksilver, Inc.
40		6.875%, 4/15/15	37,200
		Russell Corp.
220		9.25%, 5/1/10	231,000
			$	2,955,637
Conglomerates — 0.3%
		Amsted Industries, Inc., Sr. Notes
615		10.25%, 10/15/11 (5)	664,200
		Education Management, LLC, Sr. Notes
275		8.75%, 6/1/14 (5)	277,062
		Education Management, LLC, Sr. Sub. Notes
390		10.25%, 6/1/16 (5)	395,850
		Goodman Global Holdings, Inc., Sr. Notes, Variable Rate
210		8.329%, 6/15/12	211,050
			$	1,548,162
Containers and Glass Products — 0.2%
		Intertape Polymer US, Inc., Sr. Sub. Notes
275		8.50%, 8/1/14	255,750
		Pliant Corp. (PIK)
953		11.625%, 6/15/09 PIK	1,039,868
			$	1,295,618
Cosmetics/Toiletries — 0.0%
		Samsonite Corp., Sr. Sub. Notes
105		8.875%, 6/1/11	109,462
			$	109,462

Ecological Services and Equipment — 0.2%
		Aleris International, Inc.
$	240	10.375%, 10/15/10	$	263,400
213		9.00%, 11/15/14	240,690
		Waste Services, Inc., Sr. Sub. Notes
440		9.50%, 4/15/14	451,000
			$	955,090
Electronics/Electrical — 0.0%
		Avago Technologies Finance, Sr. Notes
135		10.125%, 12/1/13 (5)	142,425
		CPI Holdco, Inc., Sr. Notes, Variable Rate
95		10.561%, 2/1/15	98,800
			$	241,225
Equipment Leasing — 0.2%
		The Hertz Corp., Sr. Notes
955		8.875%, 1/1/14 (5)	1,000,362
		The Hertz Corp., Sr. Sub. Notes
75		10.50%, 1/1/16 (5)	81,937
			$	1,082,299
Financial Intermediaries — 2.0%
		Alzette, Variable Rate
750		8.636%, 12/15/20 (5)	767,344
		Avalon Capital Ltd. 3, Series 1A, Class D, Variable Rate
760		7.158%, 2/24/19 (5)	763,488
		Babson Ltd., Series 2005-1A, Class C1, Variable Rate
1,000		7.457%, 4/15/19 (5)	1,011,040
		Bryant Park CDO Ltd., Series 2005-1A, Class C, Variable Rate
1,000		7.557%, 1/15/19 (5)	1,010,920
		Carlyle High Yield Partners, Series 2004-6A, Class C, Variable Rate
1,000		7.612%, 8/11/16 (5)	1,015,590
		Centurion CDO 8 Ltd., Series 2005 8A, Class D, Variable Rate
1,000		10.77%, 3/8/17	1,045,500
		Centurion CDO 9 Ltd., Series 2005-9A
750		9.35%, 7/17/19	772,642
		Dryden Leveraged Loan, Series 2004-6A, Class C1, Variable Rate
1,500		8.035%, 7/30/16 (5)	1,537,215
		First CLO, Ltd., Sr. Sub. Notes, Variable Rate
1,000		7.47%, 7/27/16 (5)	1,000,000
		Ford Motor Credit Co.
200		6.625%, 6/16/08	192,744
715		7.375%, 10/28/09	674,913
340		7.875%, 6/15/10	320,145

		General Motors Acceptance Corp.
$	240	6.125%, 9/15/06	$	239,908
195		5.125%, 5/9/08	187,977
100		5.85%, 1/14/09	96,151
40		7.00%, 2/1/12	38,761
870		8.00%, 11/1/31	855,488
		Stanfield Vantage Ltd., Series 2005-1A, Class D, Variable Rate
1,000		7.474%, 3/21/17 (5)	1,004,000
			$	12,533,826
Food Products — 0.5%
		ASG Consolidated, LLC / ASG Finance, Inc., Sr. Disc. Notes
495		11.50%, 11/1/11	420,750
		Nutro Products, Inc., Sr. Notes, Variable Rate
80		9.23%, 10/15/13 (5)	82,400
		Nutro Products, Inc., Sr. Sub. Notes
120		10.75%, 4/15/14 (5)	125,700
		Pierre Foods, Inc., Sr. Sub. Notes
320		9.875%, 7/15/12	324,800
		Pinnacle Foods Holdings Corp., Sr. Sub. Notes
2,215		8.25%, 12/1/13	2,181,775
			$	3,135,425
Food Service — 0.1%
		EPL Finance Corp., Sr. Notes
260		11.75%, 11/15/13 (5)	297,700
		NPC International, Inc., Sr. Sub. Notes
210		9.50%, 5/1/14 (5)	202,650
			$	500,350
Food/Drug Retailers — 0.2%
		General Nutrition Centers, Inc.
100		8.625%, 1/15/11	100,250
		Jean Coutu Group (PJC), Inc., Sr. Sub. Notes
80		8.50%, 8/1/14	75,100
		Rite Aid Corp.
345		7.125%, 1/15/07	346,725
765		6.125%, 12/15/08 (5)	747,787
190		8.125%, 5/1/10	194,037
			$	1,463,899
Forest Products — 0.2%
		Abitibi-Consolidated, Inc.
175		6.95%, 4/1/08	173,687
		Georgia-Pacific Corp.
65		9.50%, 12/1/11	68,575
		JSG Funding PLC, Sr. Notes
325		9.625%, 10/1/12	338,000

		NewPage Corp.
$	275	10.00%, 5/1/12	$	286,687
		NewPage Corp., Variable Rate
135		11.399%, 5/1/12	146,475
		Stone Container Finance Canada
280		7.375%, 7/15/14	250,600
			$	1,264,024
Healthcare — 0.9%
		Accellent, Inc.
435		10.50%, 12/1/13	450,225
		AMR HoldCo, Inc., Sr. Sub. Notes
295		10.00%, 2/15/15	306,800
		CDRV Investors, Inc., Sr. Disc. Notes
30		9.625%, 1/1/15	21,375
		Encore Medical IHC, Inc.
280		9.75%, 10/1/12	308,000
		Inverness Medical Innovations, Inc., Sr. Sub. Notes
1,565		8.75%, 2/15/12	1,525,875
		Multiplan, Inc., Sr. Sub. Notes
245		10.375%, 4/15/16 (5)	248,675
		National Mentor, Inc., Sr. Sub. Notes
195		11.25%, 7/1/14 (5)	199,387
		Res-Care, Inc., Sr. Notes
195		7.75%, 10/15/13	193,537
		Service Corp. International, Sr. Notes
400		8.00%, 6/15/17 (5)	375,500
		Tenet Healthcare Corp., Sr. Notes
100		6.50%, 6/1/12	85,000
120		9.25%, 2/1/15 (5)	111,000
		Triad Hospitals, Inc., Sr. Notes
190		7.00%, 5/15/12	189,762
		Triad Hospitals, Inc., Sr. Sub. Notes
235		7.00%, 11/15/13	225,600
		US Oncology, Inc.
220		9.00%, 8/15/12	229,900
515		10.75%, 8/15/14	561,350
		Ventas Realty LP/ Ventas Capital Corp.
140		7.125%, 6/1/15	141,050
		VWR International, Inc., Sr. Sub. Notes
515		8.00%, 4/15/14	508,562
			$	5,681,598
Home Furnishings — 0.1%
		Fedders North America, Inc.
220		9.875%, 3/1/14	176,000
		Interline Brands, Inc., Sr. Sub. Notes
135		8.125%, 6/15/14	136,687

		Steinway Musical Instruments, Sr. Notes
$	160	7.00%, 3/1/14 (5)	$	154,000
			$	466,687
Industrial Equipment — 0.3%
		Case New Holland, Inc., Sr. Notes
200		9.25%, 8/1/11	211,750
590		7.125%, 3/1/14	576,725
		Chart Industries, Inc., Sr. Sub. Notes
195		9.125%, 10/15/15 (5)	202,069
		Thermadyne Holdings Corp., Sr. Sub. Notes
845		9.25%, 2/1/14	716,137
			$	1,706,681
Leisure Goods/Activities/Movies — 0.4%
		AMC Entertainment, Inc., Sr. Sub. Notes
410		9.875%, 2/1/12	415,637
		AMC Entertainment, Inc., Variable Rate
60		9.42%, 8/15/10	62,175
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp.
195		12.50%, 4/1/13 (5)	195,975
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp., Variable Rate
360		9.818%, 4/1/12 (5)	359,100
		Marquee Holdings, Inc., Sr. Disc. Notes
590		12.00%, 8/15/14	438,075
		Six Flags Theme Parks, Inc., Sr. Notes
400		9.625%, 6/1/14	365,000
		Universal City Development Partners, Sr. Notes
335		11.75%, 4/1/10	364,313
		Universal City Florida Holding, Sr. Notes, Variable Rate
475		9.899%, 5/1/10	490,438
			$	2,690,713
Lodging and Casinos — 0.9%
		CCM Merger, Inc.
150		8.00%, 8/1/13 (5)	144,375
		Chukchansi EDA, Sr. Notes, Variable Rate
280		8.78%, 11/15/12 (5)	286,300
		Felcor Lodging L.P., Sr. Notes, Variable Rate
140		9.57%, 6/1/11	144,375
		Galaxy Entertainment Finance
200		9.875%, 12/15/12 (5)	210,000
		Greektown Holdings, LLC, Sr. Notes
200		10.75%, 12/1/13 (5)	212,500
		Inn of the Mountain Gods, Sr. Notes
525		12.00%, 11/15/10	551,906

		Kerzner International, Sr. Sub Notes
$	1,130	6.75%, 10/1/15	$	1,194,975
		Majestic HoldCo, LLC, (0.00% until 2008)
140		0.00%, 10/15/11 (5)	105,000
		Majestic Star Casino, LLC
190		9.50%, 10/15/10	197,600
245		9.75%, 1/15/11 (5)	242,550
		Mohegan Tribal Gaming Authority, Sr. Sub. Notes
95		8.00%, 4/1/12	97,375
		OED Corp./Diamond Jo, LLC
475		8.75%, 4/15/12	477,969
		San Pasqual Casino
305		8.00%, 9/15/13 (5)	308,050
		Station Casinos, Inc., Sr. Notes
95		6.00%, 4/1/12	89,656
		Trump Entertainment Resorts, Inc.
840		8.50%, 6/1/15	810,600
		Tunica-Biloxi Gaming Authority, Sr. Notes
240		9.00%, 11/15/15 (5)	246,000
		Waterford Gaming, LLC, Sr. Notes
73		8.625%, 9/15/12 (5)	77,563
		Wynn Las Vegas, LLC
105		6.625%, 12/1/14	99,488
			$	5,496,282
Nonferrous Metals/Minerals — 0.1%
		Alpha Natural Resources, Sr. Notes
135		10.00%, 6/1/12	144,113
		Novelis, Inc., Sr. Notes
345		8.00%, 2/15/15 (5)	335,513
			$	479,626
Oil and Gas — 0.7%
		Allis-Chalmers Energy, Inc., Sr. Notes
270		9.00%, 1/15/14 (5)	272,700
		Clayton Williams Energy, Inc.
115		7.75%, 8/1/13	107,525
		Copano Energy, LLC, Sr. Notes
70		8.125%, 3/1/16	70,700
		El Paso Corp.
225		9.625%, 5/15/12 (5)	247,500
		El Paso Production Holding Co.
50		7.75%, 6/1/13	51,063
		Encore Acquisition Co., Sr. Sub. Notes
155		7.25%, 12/1/17	151,125
		Giant Industries
225		8.00%, 5/15/14	225,000

	Kinder Morgan Finance Co.
$ 285	5.35%, 1/5/11	$ 266,621
	Ocean Rig Norway AS, Sr. Notes
100	8.375%, 7/1/13 (5)	103,500
	Parker Drilling Co., Sr. Notes
100	9.625%, 10/1/13	109,000
	Petrobras International Finance Co.
50	7.75%, 9/15/14	54,000
	Petrohawk Energy Corp., Sr. Notes
795	9.125%, 7/15/13 (5)		816,863
	Quicksilver Resources, Inc.
210	7.125%, 4/1/16		199,500
	Semgroup L.P., Sr. Notes
260	8.75%, 11/15/15 (5)		262,600
	Sesi, LLC, Sr. Notes
60	6.875%, 6/1/14 (5)		58,500
	Stewart & Stevenson, LLC, Sr. Notes
190	10.00%, 7/15/14 (5)		193,800
	Transmontaigne, Inc., Sr. Sub. Notes
175	9.125%, 6/1/10		186,813
	United Refining Co., Sr. Notes
560	10.50%, 8/15/12		593,600
	VeraSun Energy Corp.
305	9.875%, 12/15/12 (5)		326,350
	Williams Cos., Inc. (The)
80	8.75%, 3/15/32		86,800
			$ 4,383,560
Publishing — 0.5%
	American Media Operations, Inc., Series B
$ 630	10.25%, 5/1/09		$ 591,413
	CBD Media, Inc., Sr. Sub. Notes
125	8.625%, 6/1/11		123,438
	Dex Media West, LLC, Sr. Sub. Notes
87	9.875%, 8/15/13		94,178
	Houghton Mifflin Co., Sr. Sub. Notes
1,345	9.875%, 2/1/13		1,400,481
	MediaNews Group, Inc., Sr. Sub. Notes
100	6.875%, 10/1/13		92,125
	R.H. Donnelley Corp., Sr. Disc. Notes
210	6.875%, 1/15/13		191,625
380	6.875%, 1/15/13		346,750
	R.H. Donnelley Corp., Sr. Notes
235	8.875%, 1/15/16		235,294
			$ 3,075,304

Radio and Television — 0.5%
	Advanstar Communications, Inc.
$ 1,115	10.75%, 8/15/10	$ 1,201,424
	CanWest Media, Inc.
464	8.00%, 9/15/12	454,508
	LBI Media, Inc.
165	10.125%, 7/15/12	175,725
	Rainbow National Services, LLC, Sr. Notes
180	8.75%, 9/1/12 (5)	191,250
	Rainbow National Services, LLC, Sr. Sub. Debs.
645	10.375%, 9/1/14 (5)	724,013
	Sirius Satellite Radio, Sr. Notes
505	9.625%, 8/1/13	474,700
		$ 3,221,620
Rail Industries — 0.0%
	Kansas City Southern Railway Co.
95	9.50%, 10/1/08	99,988
	TFM SA de C.V., Sr. Notes
130	12.50%, 6/15/12	143,650
		$ 243,638
Retailers (Except Food and Drug) — 0.4%
	Autonation, Inc., Variable Rate
135	7.507%, 4/15/13 (5)	137,025
	GameStop Corp.
1,265	8.00%, 10/1/12	1,290,300
	GameStop Corp., Variable Rate
365	9.383%, 10/1/11	382,338
	Neiman Marcus Group, Inc.
485	9.00%, 10/15/15	513,494
310	10.375%, 10/15/15	330,538
		$ 2,653,695
Steel — 0.1%
	Ispat Inland ULC, Sr. Notes
199	9.75%, 4/1/14	221,193
	RathGibson, Inc., Sr. Notes
430	11.25%, 2/15/14 (5)	447,200
		$ 668,393
Surface Transport — 0.0%
	Horizon Lines, LLC
217	9.00%, 11/1/12	221,883
		$ 221,883
Telecommunications — 1.5%
	AirGate PCS, Inc., Variable Rate
105	9.257%, 10/15/11	107,888

	Alamosa Delaware, Inc., Sr. Notes
$ 515	11.00%, 7/31/10	$ 565,213
	Centennial Cellular Operating Co., LLC, Sr. Notes
205	10.125%, 6/15/13	217,300
	Digicel Ltd., Sr. Notes
200	9.25%, 9/1/12 (5)	209,500
	Intelsat Bermuda Ltd.
325	9.25%, 6/15/16 (5)	333,938
	Intelsat Bermuda Ltd., Sr. Notes
385	11.25%, 6/15/16 (5)	390,775
	Intelsat Bermuda Ltd., Sr. Notes, Variable Rate
485	10.484%, 1/15/12	494,700
	Intelsat Ltd., Sr. Notes
1,425	5.25%, 11/1/08	1,343,063
	LCI International, Inc., Sr. Notes
345	7.25%, 6/15/07	347,588
	New Skies Satellites NV, Sr. Notes
485	9.125%, 11/1/12	518,950
	New Skies Satellites NV, Sr. Notes, Variable Rate
260	10.414%, 11/1/11	269,750
	Qwest Capital Funding, Inc.
110	7.00%, 8/3/09	109,725
	Qwest Communications International, Inc.
500	7.50%, 2/15/14	492,500
	Qwest Communications International, Inc., Sr. Notes
65	7.50%, 11/1/08	65,163
	Qwest Corp., Sr. Notes
140	7.625%, 6/15/15	142,975
	Qwest Corp., Sr. Notes, Variable Rate
985	8.579%, 6/15/13	1,058,875
	Rogers Wireless, Inc., Sr. Sub. Notes
40	8.00%, 12/15/12	41,400
	Rogers Wireless, Inc., Variable Rate
1,453	8.454%, 12/15/10	1,496,590
	UbiquiTel Operating Co., Sr. Notes
395	9.875%, 3/1/11	431,538
	Windstream Corp., Sr. Notes
290	8.125%, 8/1/13 (5)	303,050
580	8.625%, 8/1/16 (5)	606,100
		$ 9,546,581
Utilities — 0.2%
	Dynegy Holdings, Inc.
195	8.375%, 5/1/16 (5)	192,563
	Dynegy Holdings, Inc., Debs.
390	7.625%, 10/15/26	343,200
	Mission Energy Holding Co.
215	13.50%, 7/15/08	241,338

	NRG Energy, Inc.
$ 140	7.25%, 2/1/14	$ 137,375
	NRG Energy, Inc., Sr. Notes
185	7.375%, 2/1/16	181,300
		$ 1,095,776
Total Corporate Bonds & Notes (identified cost $87,979,411)		$ 88,595,505

Convertible Bonds — 0.0%

Principal
Amount	Security	Value
$ 310,000	L-3 Communications Corp. (5)	$ 304,575
Total Convertible Bonds (identified cost, $313,351)		$ 304,575

Common Stocks — 0.1%

Shares	Security	Value
32,088	Trump Entertainment Resorts, Inc. (6)	$ 584,964
Total Common Stocks (identified cost, $395,965)		$ 584,964

Convertible Preferred Stocks — 0.0%

Shares	Security	Value
1,007	Chesapeake Energy Corp., 4.50%	$ 98,384
934	Crown Castle International Corp., (PIK), 6.25% PIK	52,421
Total Convertible Preferred Stocks (identified cost, $142,317)		$ 150,805

Closed-End Investment Companies — 3.7%

Shares	Security	Value
87,500	Citigroup Investments Corporate Loan Fund, Inc.	$ 1,148,875
125,000	First Trust / Four Corners Senior Floating Rate Income Fund II	2,235,000
20,000	Floating Rate Income Strategies Fund II, Inc.	351,200
25,000	Floating Rate Income Strategies Fund, Inc.	437,250
895,800	ING Prime Rate Trust	6,360,180
130,000	Pioneer Floating Rate Trust	2,460,900
1,197,000	Van Kampen Senior Income Trust	10,030,860
Total Closed-End Investment Companies (identified cost, $23,835,934)		$ 23,024,265

Short-Term Investments — 4.5%

Principal Amount	Maturity Date	Borrower	Rate		Amount
$ 16,711,000	08/01/06	General Electric Capital Corp., Commercial Paper	5.30	%	$ 16,711,000
10,000,000	08/08/06	HSBC Finance Corp., Commercial Paper	5.30	%	9,989,695
1,500,000	08/01/06	Investors Bank and Trust Company Time Deposit	5.31	%	1,500,000
Total Short-Term Investments (at amortized cost)					$ 28,200,695
Gross Investments — 160.6% (identified cost $1,001,248,245)					$ 1,003,305,995
Less Unfunded Loan Commitments — (0.9)% (identified cost $5,735,490)					$ (5,735,490	)
Net Investments — 159.7% (identified cost $995,512,715)					$ 997,570,505
Other Assets, Less Liabilities — 3.4%					$ 21,383,579
Auction Preferred Shares Plus Cumulative Unpaid Dividends — (63.1)%					$ (394,308,476	)
Net Assets Applicable to Common Shares — 100.0%					$ 624,645,608

PIK	—	Payment In Kind.
REIT	—	Real Estate Investment Trust
(1)		Senior floating-rate interests often require prepayments from excess cash flows or permit the borrower to repay at its 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, it is anticipated that the senior floating-rate interests will have an expected average life of approximately two to three years. The stated interest rate represents the weighted average interest rate of all contracts within the senior loan facility. Senior Loans typically have rates of interest which are redetermined either daily, monthly, quarterly or semi-annually by reference to a base lending rate, plus a premium. 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”) and the certificate of deposit (“CD”) rate or other base lending rates used by commercial lenders.
(2)		Unfunded loan commitments. The Trust may enter into certain credit agreements all or a portion of which may be unfunded. The Trust is obligated to fund these commitments at the Borrower’s discretion.

(3)		Security valued at fair value using methods determined in good faith by or at the direction of the Trustees.
(4)		Security is in default and making only partial interest payments.
(5)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At July 31, 2006, the aggregate value of the securities is $25,373,103 or 4.1% of the net assets.
(6)		Non-income producing security.

A summary of financial instruments at July 31, 2006 is as follows:

Credit Default Swaps

			Net Unrealized
Notional	Expiration		Appreciation
Amount	Date	Description	(Depreciation)
$ 2,000,000	9/20/2008	Agreement with Credit Suisse/First Boston dated 1/9/2004 whereby the Trust will receive 2.45% per year times the notional amount. The Trust makes a payment only upon a default event on underlying loan assets (7 in total, each representing 14.29% of the notional value of the swap).		$ (4,188	)
$ 2,000,000	9/20/2008	Agreement with Credit Suisse/First Boston dated 1/27/2004 whereby the Trust will receive 2.45% per year times the notional amount. The Trust makes a payment only upon a default event on underlying loan assets (7 in total, each representing 14.29% of the notional value of the swap).		$ (447	)
$ 2,000,000	3/20/2010	Agreement with Lehman Brothers dated 3/15/2005 whereby the Trust will receive 2.20% per year times the notional amount. The Trust makes a payment of the notional amount only upon a default event on the reference entity, a Revolving Credit Agreement issued by Inergy, L.P.		$1,689

At July 31, 2006, the Trust had sufficient cash and/or securities segregated to cover potential obligations arising from open swap contracts.

The cost and unrealized appreciation (depreciation) in value of investments owned by the Trust at July 31, 2006, as computed on a federal income tax basis, were as follows:

Aggregate cost	$ 996,471,219
Gross unrealized appreciation	$ 5,885,214
Gross unrealized depreciation	(4,653,322	)
Net unrealized appreciation	$ 1,231,892

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s 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 on this Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

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 Senior Floating-Rate Trust

By:		/s/ Thomas E. Faust Jr.
		Thomas E. Faust Jr.
		President and Principal Executive Officer
Date:		September 25, 2006

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:		/s/ Thomas E. Faust Jr.
		Thomas E. Faust Jr.
		President and Principal Executive Officer
Date:		September 25, 2006
By:		/s/ Barbara E. Campbell
		Barbara E. Campbell
		Treasurer and Principal Financial Officer
Date:		September 25, 2006