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)

Maureen A. Gemma Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109
(Name and Address of Agent for Service)

Registrant’s Telephone Number, Including Area Code:		(617) 482-8260

Date of Fiscal Year End:		October 31

Date of Reporting Period:		January 31, 2008

Item 1. Schedule of Investments

Eaton Vance Senior Floating-Rate Trust		as of January 31, 2008

PORTFOLIO OF INVESTMENTS (Unaudited)

Senior Floating-Rate Interests — 156.2% (1)

Principal
Amount*			Borrower/Tranche Description	Value
Aerospace and Defense — 2.9%
			ACTS Aero Technical Support & Service, Inc.
	709,366		Term Loan, 7.31%, Maturing October 5, 2014	$	652,617
			Colt Defense, LLC
995,000			Term Loan, 6.52%, Maturing July 9, 2014	988,781
			DAE Aviation Holdings, Inc.
485,066			Term Loan, 7.75%, Maturing July 31, 2009	484,763
414,731			Term Loan, 6.99%, Maturing July 31, 2014	413,435
547,791			Term Loan, 7.93%, Maturing July 31, 2014	546,079
			Evergreen International Aviation
1,395,302			Term Loan, 6.81%, Maturing October 31, 2011	1,325,537
			Hawker Beechcraft Acquisition
117,836			Term Loan, Maturing March 26, 2014 (2)	111,944
1,382,164			Term Loan, Maturing March 26, 2014 (2)	1,313,056
176,702			Term Loan, 6.83%, Maturing March 26, 2014	159,813
2,072,636			Term Loan, 6.83%, Maturing March 26, 2014	1,874,536
			Hexcel Corp.
820,506			Term Loan, 6.46%, Maturing March 1, 2012	808,199
			IAP Worldwide Services, Inc.
955,500			Term Loan, 11.13%, Maturing December 30, 2012	848,484
			Spirit AeroSystems, Inc.
1,609,784			Term Loan, 5.68%, Maturing December 31, 2011	1,599,723
			TransDigm, Inc.
1,625,000			Term Loan, 6.86%, Maturing June 23, 2013	1,566,094
			Vought Aircraft Industries, Inc.
2,123,306			Term Loan, 7.34%, Maturing December 17, 2011	2,010,064
			Wesco Aircraft Hardware Corp.
1,142,688			Term Loan, 7.08%, Maturing September 29, 2013	1,099,837
				$	15,802,962
Air Transport — 0.9%
			Airport Development and Investment, Ltd.
GBP		986,070	Term Loan, 9.64%, Maturing April 7, 2011	$	1,806,852
			Delta Air Lines, Inc.
1,194,000			Term Loan, 8.08%, Maturing April 30, 2014	1,087,038
			Northwest Airlines, Inc.
2,079,000			DIP Loan, 5.99%, Maturing August 21, 2008	1,905,751
				$	4,799,641
Automotive — 5.7%
			Accuride Corp.
	1,957,967		Term Loan, 7.56%, Maturing January 31, 2012	$	1,888,214
			Adesa, Inc.
4,203,875			Term Loan, 7.08%, Maturing October 18, 2013	3,691,154
			Affina Group, Inc.
1,370,985			Term Loan, 6.24%, Maturing November 30, 2011	1,340,138
			Allison Transmission, Inc.
2,992,500			Term Loan, 7.43%, Maturing September 30, 2014	2,631,796
			AxleTech International Holding, Inc.
1,750,000			Term Loan, 11.23%, Maturing April 21, 2013	1,723,750
			Chrysler Financial
1,500,000			Term Loan, Maturing August 1, 2014 (2)	1,350,000
			CSA Acquisition Corp.
358,353			Term Loan, 7.38%, Maturing December 23, 2011	341,033
895,604			Term Loan, 7.38%, Maturing December 23, 2011	852,317
490,000			Term Loan, 7.38%, Maturing December 23, 2012	463,050

			Dayco Products, LLC
	1,748,610		Term Loan, 9.27%, Maturing June 21, 2011	$	1,455,718
			Delphi Corp.
1,000,000			DIP Loan, 7.38%, Maturing July 1, 2008	987,500
			Ford Motor Co.
1,757,250			Term Loan, 8.00%, Maturing December 15, 2013	1,543,185
			General Motors Corp.
3,422,956			Term Loan, 7.06%, Maturing November 29, 2013	3,140,990
			Goodyear Tire & Rubber Co.
2,400,000			Term Loan, 6.43%, Maturing April 30, 2010	2,199,000
			HLI Operating Co., Inc.
EUR		109,091	Term Loan, 6.94%, Maturing May 30, 2014	157,482
EUR		1,886,182	Term Loan, 7.59%, Maturing May 30, 2014	2,694,937
			Keystone Automotive Operations, Inc.
1,388,487			Term Loan, 7.44%, Maturing January 12, 2012	1,219,554
			LKQ Corp.
975,000			Term Loan, 6.57%, Maturing October 12, 2014	966,469
			TriMas Corp.
234,375			Term Loan, 5.39%, Maturing August 2, 2011	230,566
1,002,930			Term Loan, 5.49%, Maturing August 2, 2013	986,632
			United Components, Inc.
1,197,003			Term Loan, 6.86%, Maturing June 30, 2010	1,144,634
				$	31,008,119
Beverage and Tobacco — 0.5%
			Constellation Brands, Inc.
	560,000		Term Loan, 6.60%, Maturing June 5, 2013	$	543,050
			Culligan International Co.
EUR		975,000	Term Loan, 9.32%, Maturing May 31, 2013	851,715
			Southern Wine & Spirits of America, Inc.
1,424,128			Term Loan, 6.34%, Maturing May 31, 2012	1,413,447
				$	2,808,212
Brokers, Dealers and Investment Houses — 0.1%
			AmeriTrade Holding Corp.
	730,172		Term Loan, 4.77%, Maturing December 31, 2012	$	700,783
				$	700,783
Building and Development — 6.5%
			Beacon Sales Acquisition, Inc.
	691,250		Term Loan, 6.78%, Maturing September 30, 2013	$	629,037
			Brickman Group Holdings, Inc.
1,215,813			Term Loan, 7.14%, Maturing January 23, 2014	1,130,706
			Building Materials Corp. of America
1,410,803			Term Loan, 6.69%, Maturing February 22, 2014	1,144,767
			Capital Automotive (REIT)
1,232,598			Term Loan, 6.39%, Maturing December 16, 2010	1,181,333
			Epco/Fantome, LLC
1,403,000			Term Loan, 5.90%, Maturing November 23, 2010	1,395,985
			Forestar USA Real Estate Group, Inc.
1,550,000			Term Loan, 8.32%, Maturing December 1, 2010	1,534,500
1,550,000			Term Loan, 8.60%, Maturing December 1, 2010 (3)	1,526,750
			Hovstone Holdings, LLC
1,162,726			Term Loan, 5.80%, Maturing February 28, 2009 (4)	1,033,082
			LNR Property Corp.
2,800,000			Term Loan, 7.63%, Maturing July 3, 2011	2,590,000
			Metroflag BP, LLC
500,000			Term Loan, 13.02%, Maturing July 1, 2008	450,000
			Mueller Water Products, Inc.
1,784,739			Term Loan, 5.14%, Maturing May 24, 2014	1,691,040
			NCI Building Systems, Inc.
553,061			Term Loan, 6.73%, Maturing June 18, 2010	528,865
			Nortek, Inc.
2,704,138			Term Loan, 5.53%, Maturing August 27, 2011	2,501,328

			November 2005 Land Investors
	306,506		Term Loan, 7.27%, Maturing May 9, 2011	$	245,205
			Panolam Industries Holdings, Inc.
1,000,288			Term Loan, 7.59%, Maturing September 30, 2012	875,252
			PLY GEM Industries, Inc.
1,841,744			Term Loan, 7.58%, Maturing August 15, 2011	1,631,785
57,607			Term Loan, 7.58%, Maturing August 15, 2011	51,040
			Re/Max International, Inc.
700,000			Term Loan, 6.79%, Maturing December 17, 2012	630,000
500,000			Term Loan, 12.50%, Maturing December 17, 2012	450,000
			Realogy Corp.
897,008			Term Loan, 7.76%, Maturing September 1, 2014	756,290
3,331,742			Term Loan, 7.51%, Maturing September 1, 2014	2,809,075
			South Edge, LLC
787,500			Term Loan, 5.31%, Maturing October 31, 2009	602,437
			Stile Acquisition Corp.
1,160,497			Term Loan, 5.65%, Maturing April 6, 2013	1,004,753
			Stile U.S. Acquisition Corp.
1,162,479			Term Loan, 5.65%, Maturing April 6, 2013	1,006,469
			Tousa/Kolter, LLC
1,297,200			Term Loan, 7.00%, Maturing March 31, 2031 (4)	1,123,375
			TRU 2005 RE Holding Co.
4,100,000			Term Loan, 7.63%, Maturing December 9, 2008	3,856,562
			United Subcontractors, Inc.
825,000			Term Loan, 12.21%, Maturing June 27, 2013 (4)	591,195
			Wintergames Acquisition ULC
2,782,468			Term Loan, 6.55%, Maturing April 24, 2008	2,737,253
				$	35,708,084
Business Equipment and Services — 10.3%
			ACCO Brands Corp.
	1,017,825		Term Loan, 6.38%, Maturing August 17, 2012	$	951,666
			Activant Solutions, Inc.
721,446			Term Loan, 6.77%, Maturing May 1, 2013	662,828
			Affiliated Computer Services
808,500			Term Loan, 5.29%, Maturing March 20, 2013	775,971
2,142,375			Term Loan, 5.85%, Maturing March 20, 2013	2,056,179
			Affinion Group, Inc.
2,402,406			Term Loan, 7.44%, Maturing October 17, 2012	2,254,257
			Allied Security Holdings, LLC
1,240,909			Term Loan, 7.83%, Maturing June 30, 2010	1,172,659
			Buhrmann US, Inc.
2,058,838			Term Loan, 7.00%, Maturing December 31, 2010	2,017,661
			DynCorp International, LLC
1,073,596			Term Loan, 6.88%, Maturing February 11, 2011	1,012,758
			Education Management, LLC
2,710,005			Term Loan, 6.63%, Maturing June 1, 2013	2,512,023
			Info USA, Inc.
612,563			Term Loan, 6.83%, Maturing February 14, 2012	597,248
			Intergraph Corp.
1,000,000			Term Loan, Maturing May 29, 2014 (2)	960,000
			iPayment, Inc.
1,662,773			Term Loan, 6.45%, Maturing May 10, 2013	1,463,240
			ista International GmbH
EUR		1,063,683	Term Loan, 6.77%, Maturing May 14, 2015	1,338,656
EUR		211,317	Term Loan, 6.77%, Maturing May 14, 2015	265,944
			Kronos, Inc.
1,086,643			Term Loan, 7.08%, Maturing June 11, 2014	969,829
			Language Line, Inc.
2,153,357			Term Loan, 6.52%, Maturing June 11, 2011	2,080,681
			Mitchell International, Inc.
1,000,000			Term Loan, 10.13%, Maturing March 28, 2015	890,000
			N.E.W. Holdings I, LLC
981,955			Term Loan, 7.13%, Maturing May 22, 2014	864,120

				Protection One, Inc.
	902,857			Term Loan, 6.45%, Maturing March 31, 2012	$	830,628
				Quantum Corp.
382,500				Term Loan, 8.33%, Maturing July 12, 2014	371,025
				Quintiles Transnational Corp.
1,700,000				Term Loan, 8.83%, Maturing March 31, 2014	1,634,125
				Sabre, Inc.
6,057,297				Term Loan, 5.24%, Maturing September 30, 2014	4,982,884
				Serena Software, Inc.
480,000				Term Loan, 7.18%, Maturing March 10, 2013	457,400
				Sitel (Client Logic)
1,995,594				Term Loan, 5.94%, Maturing January 29, 2014	1,781,068
				Solera Holdings, LLC
EUR		789,735		Term Loan, 7.00%, Maturing May 15, 2014	1,128,357
				SunGard Data Systems, Inc.
12,774,465				Term Loan, 6.90%, Maturing February 11, 2013	11,870,940
				TDS Investor Corp.
EUR		1,054,228		Term Loan, 7.02%, Maturing August 23, 2013	1,400,898
1,345,107				Term Loan, 7.08%, Maturing August 23, 2013	1,244,014
269,897				Term Loan, 7.08%, Maturing August 23, 2013	249,612
				Transaction Network Services, Inc.
623,911				Term Loan, 7.48%, Maturing May 4, 2012	602,074
				Valassis Communications, Inc.
238,601				Term Loan, 0.00%, Maturing March 2, 2014 (3)	213,548
1,215,724				Term Loan, 6.58%, Maturing March 2, 2014	1,088,073
				VWR International, Inc.
1,625,000				Term Loan, 7.33%, Maturing June 28, 2013	1,497,031
				WAM Acquisition, S.A.
EUR			245,946	Term Loan, 6.96%, Maturing May 4, 2014	328,809
EUR			154,054	Term Loan, 6.96%, Maturing May 4, 2014	206,113
EUR			245,946	Term Loan, 7.21%, Maturing May 4, 2015	330,630
EUR			154,054	Term Loan, 7.21%, Maturing May 4, 2015	207,149
				West Corp.
3,406,961				Term Loan, 5.85%, Maturing October 24, 2013	3,152,717
					$	56,422,815
Cable and Satellite Television — 10.7%
				Atlantic Broadband Finance, LLC
	4,230,267			Term Loan, 7.08%, Maturing February 10, 2011	$	4,046,957
				Bragg Communications, Inc.
2,144,625				Term Loan, 7.58%, Maturing August 31, 2014	2,123,179
				Bresnan Broadband Holdings, LLC
500,000				Term Loan, 5.93%, Maturing March 29, 2014	467,291
1,200,000				Term Loan, 9.47%, Maturing March 29, 2014	1,155,000
				Cequel Communications, LLC
1,550,000				Term Loan, 9.41%, Maturing May 5, 2014	1,330,094
3,436,112				Term Loan, 10.91%, Maturing May 5, 2014	2,955,056
				Charter Communications Operating, Inc.
12,118,808				Term Loan, 5.26%, Maturing April 28, 2013	10,609,786
				CSC Holdings, Inc.
4,990,768				Term Loan, 6.90%, Maturing March 29, 2013	4,603,539
				CW Media Holdings, Inc.
623,438				Term Loan, 8.08%, Maturing February 15, 2015	604,734
				Insight Midwest Holdings, LLC
3,594,375				Term Loan, 6.73%, Maturing April 6, 2014	3,306,325
				Mediacom Broadband Group
5,836,496				Term Loan, 5.46%, Maturing January 31, 2015	5,192,397
				Mediacom Illinois, LLC
2,756,903				Term Loan, 5.46%, Maturing January 31, 2015	2,458,567
				NTL Investment Holdings, Ltd.
2,492,490				Term Loan, 6.06%, Maturing March 30, 2012	2,355,403
GBP		530,337		Term Loan, 7.68%, Maturing March 30, 2012	971,020
GBP		269,663		Term Loan, 7.68%, Maturing March 30, 2012	493,739
				Orion Cable GmbH
EUR		1,075,000		Term Loan, 7.47%, Maturing October 31, 2014	1,514,905
EUR		1,075,000		Term Loan, 7.98%, Maturing October 31, 2015	1,517,178

					ProSiebenSat.1 Media AG
EUR				608,000	Term Loan, 6.07%, Maturing March 2, 2015	$		707,111
EUR				11,076	Term Loan, 6.55%, Maturing June 26, 2015	14,342
EUR				272,924	Term Loan, 6.55%, Maturing June 26, 2015	353,396
EUR				608,000	Term Loan, 6.30%, Maturing March 2, 2016	711,612
EUR				575,000	Term Loan, 8.10%, Maturing September 2, 2016	615,097
EUR				375,568	Term Loan, 6.86%, Maturing March 2, 2017	398,514
					UPC Broadband Holding B.V.
EUR		4,050,000			Term Loan, 6.30%, Maturing October 16, 2011	5,398,148
1,950,000					Term Loan, 6.38%, Maturing December 31, 2014	1,762,617
					YPSO Holding SA
EUR		541,621			Term Loan, 6.70%, Maturing July 28, 2014	704,190
EUR		209,021			Term Loan, 6.70%, Maturing July 28, 2014	271,759
EUR		249,358			Term Loan, 6.70%, Maturing July 28, 2014	324,203
EUR		1,000,000			Term Loan, 6.95%, Maturing July 28, 2015	1,317,734
						$	58,283,893
Chemicals and Plastics — 9.5%
					AZ Chem US, Inc.
	500,000				Term Loan, 10.57%, Maturing February 28, 2014	$	408,333
					Brenntag Holding GmbH and Co. KG
373,091					Term Loan, 5.79%, Maturing December 23, 2013	345,731
1,526,909					Term Loan, 5.79%, Maturing December 23, 2013	1,414,936
1,000,000					Term Loan, 7.79%, Maturing December 23, 2015	935,000
					Celanese Holdings, LLC
4,193,313					Term Loan, 6.48%, Maturing April 2, 2014	3,956,273
					Cognis GmbH
EUR			803,279		Term Loan, 6.95%, Maturing September 15, 2013	1,058,755
EUR			196,721		Term Loan, 6.95%, Maturing September 15, 2013	259,287
					First Chemical Holding
EUR			1,000,000		Term Loan, 6.75%, Maturing December 18, 2014 (3)	1,396,919
					Foamex L.P.
1,542,353					Term Loan, 6.48%, Maturing February 12, 2013	1,346,988
					Georgia Gulf Corp.
795,563					Term Loan, 7.03%, Maturing October 3, 2013	741,199
					Hercules, Inc.
577,463					Term Loan, 5.52%, Maturing October 8, 2010	573,853
					Hexion Specialty Chemicals, Inc.
497,500					Term Loan, 7.13%, Maturing May 5, 2012	468,548
4,474,981					Term Loan, 7.00%, Maturing May 5, 2013	4,214,564
972,093					Term Loan, 7.13%, Maturing May 5, 2013	915,523
					Huish Detergents, Inc.
945,250					Term Loan, 6.83%, Maturing April 26, 2014	757,888
					INEOS Group
1,592,500					Term Loan, 7.86%, Maturing December 14, 2014	1,476,380
					Innophos, Inc.
578,842					Term Loan, 7.08%, Maturing August 10, 2010	555,688
					Invista B.V.
2,491,854					Term Loan, 6.33%, Maturing April 29, 2011	2,383,875
1,320,868					Term Loan, 6.33%, Maturing April 29, 2011	1,263,630
					ISP Chemco, Inc.
2,587,000					Term Loan, 6.68%, Maturing June 4, 2014	2,413,994
					Kleopatra
825,000					Term Loan, 7.04%, Maturing January 3, 2016	665,156
EUR			575,000		Term Loan, 7.12%, Maturing January 3, 2016	651,988
					Kranton Polymers, LLC
2,879,071					Term Loan, 6.75%, Maturing May 12, 2013	2,673,937
					Lucite International Group Holdings
601,715					Term Loan, 5.50%, Maturing July 7, 2013	553,578
213,052					Term Loan, 5.50%, Maturing July 7, 2013	196,007
					MacDermid, Inc.
EUR			832,042		Term Loan, 7.02%, Maturing April 12, 2014	1,176,485
					Millenium Inorganic Chemicals
350,000					Term Loan, 7.08%, Maturing April 30, 2014	313,250
975,000					Term Loan, 10.48%, Maturing October 31, 2014	758,062

						Momentive Performance Material
		1,707,750				Term Loan, 7.13%, Maturing December 4, 2013	$		1,573,874
						Nalco Co.
5,411,119						Term Loan, 5.87%, Maturing November 4, 2010	5,291,625
						Propex Fabrics, Inc.
780,858						Term Loan, 10.00%, Maturing July 31, 2012	564,170
						Rockwood Specialties Group, Inc.
4,316,500						Term Loan, 4.74%, Maturing December 10, 2012	4,109,368
						Schoeller Arca Systems Holding
EUR				443,417		Term Loan, 7.46%, Maturing November 16, 2015	646,675
EUR				144,523		Term Loan, 7.46%, Maturing November 16, 2015	210,770
						Solo Cup Co.
1,663,802						Term Loan, 8.41%, Maturing February 27, 2011	1,614,780
						Solutia, Inc.
1,748,505						DIP Loan, 6.49%, Maturing March 31, 2008	1,727,742
						Sshoeller Arca Systems Holding
EUR					412,060	Term Loan, 7.46%, Maturing November 16, 2015	600,945
						Wellman, Inc.
2,250,000						Term Loan, 8.91%, Maturing February 10, 2009	1,800,000
							$	52,015,776
Clothing/Textiles — 0.6%
						Hanesbrands, Inc.
	1,255,179					Term Loan, 5.00%, Maturing September 5, 2013	$	1,213,797
850,000						Term Loan, 6.99%, Maturing March 5, 2014	843,271
						St. John Knits International, Inc.
558,625						Term Loan, 7.84%, Maturing March 23, 2012	550,246
						The William Carter Co.
631,829						Term Loan, 4.75%, Maturing July 14, 2012	608,661
							$	3,215,975
Conglomerates — 3.8%
						Amsted Industries, Inc.
	1,706,253					Term Loan, 6.38%, Maturing October 15, 2010	$	1,652,933
						Blount, Inc.
281,091						Term Loan, 6.38%, Maturing August 9, 2010	272,658
						Doncasters (Dunde HoldCo 4 Ltd.)
431,763						Term Loan, 6.82%, Maturing July 13, 2015	410,984
431,763						Term Loan, 7.32%, Maturing July 13, 2015	412,064
GBP			500,000			Term Loan, 10.20%, Maturing January 13, 2016	919,450
						GenTek, Inc.
503,669						Term Loan, 6.44%, Maturing February 25, 2011	490,448
						Goodman Global Holdings, Inc.
262,087						Term Loan, 6.59%, Maturing December 23, 2011	260,941
						ISS Holdings A/S
EUR			147,368			Term Loan, 6.95%, Maturing December 31, 2013	200,411
EUR			1,052,632			Term Loan, 6.95%, Maturing December 31, 2013	1,431,506
						Jarden Corp.
2,150,395						Term Loan, 6.58%, Maturing January 24, 2012	2,019,879
1,211,782						Term Loan, 6.58%, Maturing January 24, 2012	1,138,234
						Johnson Diversey, Inc.
1,661,444						Term Loan, 6.88%, Maturing December 16, 2011	1,603,294
						Polymer Group, Inc.
2,451,274						Term Loan, 7.09%, Maturing November 22, 2012	2,402,249
						RBS Global, Inc.
2,284,836						Term Loan, 6.43%, Maturing July 19, 2013	2,197,251
296,250						Term Loan, 7.40%, Maturing July 19, 2013	284,894
						RGIS Holdings, LLC
2,844,045						Term Loan, 5.76%, Maturing April 30, 2014	2,488,539
142,202						Term Loan, 5.77%, Maturing April 30, 2014	124,427
						US Investigations Services, Inc.
1,920,175						Term Loan, 7.91%, Maturing February 21, 2015	1,788,163
						Vertrue, Inc.
847,875						Term Loan, 7.83%, Maturing August 16, 2014	784,284
							$	20,882,609

Containers and Glass Products — 4.6%
		Berry Plastics Corp.
	1,885,750	Term Loan, 7.16%, Maturing April 3, 2015	$	1,634,828
		Bluegrass Container Co.
374,300		Term Loan, 6.57%, Maturing June 30, 2013	364,408
1,250,950		Term Loan, 6.68%, Maturing June 30, 2013	1,217,889
284,848		Term Loan, 8.40%, Maturing December 30, 2013	283,780
890,152		Term Loan, 8.40%, Maturing December 30, 2013	886,813
		Consolidated Container Co.
1,000,000		Term Loan, 9.58%, Maturing September 28, 2014	591,667
		Crown Americas, Inc.
612,500		Term Loan, 6.62%, Maturing November 15, 2012	597,187
		Graham Packaging Holdings Co.
4,218,125		Term Loan, 7.25%, Maturing October 7, 2011	3,922,270
		Graphic Packaging International, Inc.
5,528,673		Term Loan, 6.03%, Maturing May 16, 2014	5,090,216
		IPG (US), Inc.
1,278,225		Term Loan, 8.08%, Maturing July 28, 2011	1,270,236
		JSG Acquisitions
1,845,000		Term Loan, 6.50%, Maturing December 31, 2013	1,772,353
1,845,000		Term Loan, 6.75%, Maturing December 13, 2014	1,781,578
		Kranson Industries, Inc.
840,563		Term Loan, 7.09%, Maturing July 31, 2013	806,940
		Owens-Brockway Glass Container
1,555,938		Term Loan, 5.82%, Maturing June 14, 2013	1,504,073
		Smurfit-Stone Container Corp.
650,961		Term Loan, 6.60%, Maturing November 1, 2011	623,476
630,522		Term Loan, 6.69%, Maturing November 1, 2011	603,725
1,431,516		Term Loan, 7.02%, Maturing November 1, 2011	1,370,677
729,847		Term Loan, 7.06%, Maturing November 1, 2011	699,031
			$	25,021,147
Cosmetics/Toiletries — 0.7%
		American Safety Razor Co.
	497,475	Term Loan, 5.95%, Maturing July 31, 2013	$	482,550
900,000		Term Loan, 11.69%, Maturing July 31, 2014	891,000
		Bausch & Lomb, Inc.
440,000		Term Loan, 8.08%, Maturing April 30, 2015	430,100
110,000		Term Loan, 8.51%, Maturing April 30, 2015 (3)	107,525
		KIK Custom Products, Inc.
975,000		Term Loan, 9.84%, Maturing November 30, 2014	458,250
		Prestige Brands, Inc.
1,522,268		Term Loan, 6.98%, Maturing April 7, 2011	1,479,454
			$	3,848,879
Drugs — 1.2%
		Graceway Pharmaceuticals, LLC
	797,500	Term Loan, 7.58%, Maturing May 3, 2012	$	742,472
1,000,000		Term Loan, 11.33%, Maturing May 3, 2013	870,000
275,000		Term Loan, 13.08%, Maturing November 3, 2013	233,750
		Pharmaceutical Holdings Corp.
501,188		Term Loan, 6.53%, Maturing January 30, 2012	488,658
		Stiefel Laboratories, Inc.
750,843		Term Loan, 6.69%, Maturing December 28, 2013	720,809
981,657		Term Loan, 6.69%, Maturing December 28, 2013	942,391
		Warner Chilcott Corp.
738,179		Term Loan, 6.59%, Maturing January 18, 2012	704,961
2,146,127		Term Loan, 6.77%, Maturing January 18, 2012	2,049,551
			$	6,752,592
Ecological Services and Equipment — 2.4%
		Allied Waste Industries, Inc.
	1,284,460	Term Loan, 6.10%, Maturing January 15, 2012	$	1,206,663
2,136,226		Term Loan, 5.89%, Maturing January 15, 2012	2,006,839

				Blue Waste B.V. (AVR Acquisition)
EUR		1,000,000		Term Loan, 7.02%, Maturing April 1, 2015	$	1,421,376
				Cory Environmental Holdings
GBP			500,000	Term Loan, 10.05%, Maturing September 30, 2014	985,924
				Environmental Systems Products Holdings, Inc.
1,165,123				Term Loan, 10.91%, Maturing December 12, 2010 (4)	1,165,123
				IESI Corp.
970,588				Term Loan, 6.61%, Maturing January 20, 2012	913,566
				Kemble Water Structure Ltd.
GBP		1,250,000		Term Loan, 10.05%, Maturing October 13, 2013	2,335,125
				Sensus Metering Systems, Inc.
2,243,478				Term Loan, 6.67%, Maturing December 17, 2010	2,142,522
145,761				Term Loan, 6.88%, Maturing December 17, 2010	139,202
				Waste Services, Inc.
750,000				Term Loan, 7.40%, Maturing March 31, 2011	705,000
					$	13,021,340
Electronics/Electrical — 4.7%
				AMI Semiconductor, Inc.
	1,808,451			Term Loan, 6.83%, Maturing April 1, 2012	$	1,799,409
				Aspect Software, Inc.
1,790,205				Term Loan, 7.94%, Maturing July 11, 2011	1,718,597
1,800,000				Term Loan, 11.50%, Maturing July 11, 2013	1,701,000
				EnerSys Capital, Inc.
1,061,775				Term Loan, 6.67%, Maturing March 17, 2011	1,029,922
				FCI International S.A.S.
216,536				Term Loan, 6.85%, Maturing November 1, 2013	204,626
208,464				Term Loan, 6.85%, Maturing November 1, 2013	196,999
208,464				Term Loan, 6.85%, Maturing November 1, 2013	200,073
216,536				Term Loan, 6.85%, Maturing November 1, 2013	207,820
				Freescale Semiconductor, Inc.
4,281,750				Term Loan, 6.38%, Maturing December 1, 2013	3,647,516
				Infor Enterprise Solutions Holdings
2,938,854				Term Loan, 8.58%, Maturing July 28, 2012	2,674,357
1,533,315				Term Loan, 8.58%, Maturing July 28, 2012	1,395,317
500,000				Term Loan, 10.33%, Maturing March 2, 2014	428,750
183,333				Term Loan, 11.08%, Maturing March 2, 2014	157,208
316,667				Term Loan, 11.08%, Maturing March 2, 2014	271,542
				Network Solutions, LLC
712,538				Term Loan, 6.99%, Maturing March 7, 2014	637,722
				Open Solutions, Inc.
2,084,618				Term Loan, 5.85%, Maturing January 23, 2014	1,925,666
				Sensata Technologies Finance Co.
1,000,000				Term Loan, Maturing April 27, 2013 (2)	942,500
1,777,950				Term Loan, 5.06%, Maturing April 27, 2013	1,561,624
				Spectrum Brands, Inc.
57,701				Term Loan, 8.63%, Maturing March 30, 2013	53,691
1,148,556				Term Loan, 8.65%, Maturing March 30, 2013	1,068,731
				TTM Technologies, Inc.
270,000				Term Loan, 5.57%, Maturing October 27, 2012	264,600
				VeriFone, Inc.
728,500				Term Loan, 5.25%, Maturing October 31, 2013	703,002
				Vertafore, Inc.
2,233,167				Term Loan, 7.52%, Maturing January 31, 2012	2,110,343
850,000				Term Loan, 11.02%, Maturing January 31, 2013	794,750
					$	25,695,765
Equipment Leasing — 1.6%
				AWAS Capital, Inc.
	2,063,354			Term Loan, 10.94%, Maturing March 22, 2013	$	1,867,335
				Maxim Crane Works, L.P.
870,625				Term Loan, 6.60%, Maturing June 29, 2014	787,916
				The Hertz Corp.
400,000				Term Loan, 6.66%, Maturing December 21, 2012	383,292
2,217,684				Term Loan, 6.89%, Maturing December 21, 2012	2,125,049

					United Rentals, Inc.
	1,030,874				Term Loan, 6.75%, Maturing February 14, 2011	$	989,639
2,444,349					Term Loan, 6.09%, Maturing February 14, 2011	2,346,575
						$	8,499,806
Farming/Agriculture — 0.5%
					BF Bolthouse HoldCo, LLC
	1,150,000				Term Loan, 10.33%, Maturing December 16, 2013	$	1,063,750
					Central Garden & Pet Co.
2,038,688					Term Loan, 5.67%, Maturing February 28, 2014	1,778,755
						$	2,842,505
Financial Intermediaries — 2.0%
					Citco III, Ltd.
	1,275,000				Term Loan, 6.97%, Maturing June 30, 2014	$	1,209,656
					Grosvenor Capital Management
1,508,826					Term Loan, 6.82%, Maturing December 5, 2013	1,440,929
					INVESTools, Inc.
450,000					Term Loan, 8.09%, Maturing August 13, 2012	441,000
					Jupiter Asset Management Group
GBP			418,271		Term Loan, 8.73%, Maturing June 30, 2015	756,166
					LPL Holdings, Inc.
4,061,902					Term Loan, 6.83%, Maturing December 18, 2014	3,833,420
					Nuveen Investments, Inc.
1,475,000					Term Loan, 7.29%, Maturing November 2, 2014	1,431,787
					Oxford Acquisition III, Ltd.
929,820					Term Loan, 5.64%, Maturing May 24, 2014	835,288
					RJO Holdings Corp. (RJ O’Brien)
473,813					Term Loan, 6.28%, Maturing July 31, 2014	377,865
					Travelex America Holdings, Inc.
375,000					Term Loan, 6.49%, Maturing October 31, 2013	365,625
375,000					Term Loan, 6.98%, Maturing October 31, 2014	367,500
						$	11,059,236
Food Products — 4.5%
					Acosta, Inc.
	3,055,352				Term Loan, 5.53%, Maturing July 28, 2013	$	2,856,754
					Advantage Sales & Marketing, Inc.
833,921					Term Loan, 5.77%, Maturing March 29, 2013	775,547
423,830					Term Loan, 5.77%, Maturing March 29, 2013	394,162
					Black Lion Beverages III B.V.
EUR			147,059		Term Loan, 6.71%, Maturing December 31, 2013	204,025
EUR			852,941		Term Loan, 6.71%, Maturing December 31, 2014	1,183,343
					Chiquita Brands, LLC
1,033,641					Term Loan, 6.31%, Maturing June 28, 2012	1,009,868
					Dean Foods Co.
500,000					Term Loan, Maturing April 2, 2014 (2)	473,125
3,948,938					Term Loan, 6.58%, Maturing April 2, 2014	3,687,139
					Dole Food Company, Inc.
162,791					Term Loan, 6.38%, Maturing April 12, 2013	148,709
1,199,564					Term Loan, 6.55%, Maturing April 12, 2013	1,095,802
359,869					Term Loan, 6.70%, Maturing April 12, 2013	328,740
					Michael Foods, Inc.
2,821,847					Term Loan, 6.85%, Maturing November 21, 2010	2,769,821
					Pinnacle Foods Finance, LLC
3,756,125					Term Loan, 7.48%, Maturing April 2, 2014	3,399,293
					Provimi Group SA
EUR		46,773			Term Loan, 6.42%, Maturing June 28, 2015 (3)	60,365
EUR		457,186			Term Loan, 6.46%, Maturing June 28, 2015	627,833
EUR		265,285			Term Loan, 6.46%, Maturing June 28, 2015	364,304
EUR		438,752			Term Loan, 6.46%, Maturing June 28, 2015	602,518
EUR		598,067			Term Loan, 6.46%, Maturing June 28, 2015	821,300
252,404					Term Loan, 6.57%, Maturing June 28, 2015	234,105
205,103					Term Loan, 6.57%, Maturing June 28, 2015	190,233
282,126					Term Loan, 8.57%, Maturing December 28, 2016 (3)	245,920
EUR				697,446	Term Loan, 8.46%, Maturing December 28, 2016 (3)	900,116

					Reddy Ice Group, Inc.
	1,970,000				Term Loan, 6.13%, Maturing August 9, 2012	$	1,881,350
						$	24,254,372
Food Service — 3.0%
					AFC Enterprises, Inc.
	463,079				Term Loan, 7.13%, Maturing May 23, 2009	$	451,502
					Aramark Corp.
180,813					Term Loan, 7.23%, Maturing January 26, 2014	167,026
2,842,419					Term Loan, 6.71%, Maturing January 26, 2014	2,625,685
GBP				990,000	Term Loan, 8.17%, Maturing January 27, 2014	1,800,830
					Buffets, Inc.
415,966					DIP Loan, Maturing January 22, 2009 (2)	407,647
1,178,571					DIP Loan, Maturing January 22, 2009 (2)	1,155,000
186,667					Term Loan, 7.83%, Maturing May 1, 2013	117,227
1,397,393					Term Loan, 7.98%, Maturing November 1, 2013	877,563
					CBRL Group, Inc.
1,762,296					Term Loan, 6.40%, Maturing April 27, 2013	1,660,964
					Denny’s, Inc.
123,333					Term Loan, 6.63%, Maturing March 31, 2012	119,633
508,409					Term Loan, 6.85%, Maturing March 31, 2012	493,157
					JRD Holdings, Inc.
1,379,688					Term Loan, 7.19%, Maturing June 26, 2014	1,321,051
					NPC International, Inc.
380,000					Term Loan, 6.12%, Maturing May 3, 2013	351,025
					OSI Restaurant Partners, LLC
148,885					Term Loan, 4.88%, Maturing May 9, 2013	125,963
1,829,673					Term Loan, 7.13%, Maturing May 9, 2014	1,547,980
					QCE Finance, LLC
1,234,962					Term Loan, 7.03%, Maturing May 5, 2013	1,113,396
950,000					Term Loan, 10.58%, Maturing November 5, 2013	823,334
					Sagittarius Restaurants, LLC
393,000					Term Loan, 7.08%, Maturing March 29, 2013	353,700
					Selecta
EUR			741,246		Term Loan, 8.77%, Maturing December 28, 2015	962,132
						$	16,474,815
Food/Drug Retailers — 2.9%
					General Nutrition Centers, Inc.
	1,937,614				Term Loan, 7.04%, Maturing September 16, 2013	$	1,657,629
					Iceland Foods Group, Ltd.
GBP		1,250,000			Term Loan, 8.71%, Maturing May 2, 2014	2,447,725
GBP		1,250,000			Term Loan, 9.21%, Maturing May 2, 2015	2,460,150
					Krispy Kreme Doughnut Corp.
395,332					Term Loan, 6.74%, Maturing February 16, 2014	374,577
					Pantry, Inc. (The)
238,889					Term Loan, 0.00%, Maturing May 15, 2014 (3)	218,583
831,931					Term Loan, 5.03%, Maturing May 15, 2014	761,216
					Rite Aid Corp.
1,000,000					Term Loan, Maturing June 1, 2014 (2)	940,000
3,900,000					Term Loan, 5.71%, Maturing June 1, 2014	3,592,500
					Roundy’s Supermarkets, Inc.
3,356,842					Term Loan, 7.91%, Maturing November 3, 2011	3,233,059
						$	15,685,439
Forest Products — 3.2%
					Appleton Papers, Inc.
	1,343,250				Term Loan, 6.51%, Maturing June 5, 2014	$	1,242,506
					Boise Cascade Holdings, LLC
766,582					Term Loan, 4.78%, Maturing April 30, 2014	756,042
3,405,760					Term Loan, 4.78%, Maturing April 30, 2014	3,358,931
					Georgia-Pacific Corp.
8,673,000					Term Loan, 6.87%, Maturing December 20, 2012	8,027,946
					INEOS Group
1,592,500					Term Loan, 7.36%, Maturing December 14, 2013	1,476,380

			Newpage Corp.
	1,500,000		Term Loan, 8.69%, Maturing December 5, 2014	$	1,460,833
			Xerium Technologies, Inc.
1,250,468			Term Loan, 7.52%, Maturing May 18, 2012	1,134,799
				$	17,457,437
Healthcare — 13.7%
			Accellent, Inc.
	2,325,304		Term Loan, 7.79%, Maturing November 22, 2012	$	1,988,135
			Alliance Imaging, Inc.
1,066,583			Term Loan, 6.26%, Maturing December 29, 2011	1,007,921
			American Medical Systems
1,458,858			Term Loan, 7.54%, Maturing July 20, 2012	1,327,561
			AMN Healthcare, Inc.
328,331			Term Loan, 6.58%, Maturing November 2, 2011	313,556
			AMR HoldCo, Inc.
1,879,214			Term Loan, 7.13%, Maturing February 10, 2012	1,818,139
			Biomet, Inc.
EUR		1,221,938	Term Loan, 7.78%, Maturing December 26, 2014	1,754,925
2,743,125			Term Loan, 7.86%, Maturing December 26, 2014	2,668,624
			Capio AB
EUR		227,051	Term Loan, 6.55%, Maturing April 24, 2015	324,826
EUR		272,949	Term Loan, 6.55%, Maturing April 24, 2015	390,489
EUR		227,051	Term Loan, 6.68%, Maturing April 16, 2016	326,087
EUR		272,949	Term Loan, 6.68%, Maturing April 24, 2016	392,004
			Cardinal Health 409, Inc.
2,263,625			Term Loan, 7.08%, Maturing April 10, 2014	2,020,285
			Carestream Health, Inc.
500,000			Term Loan, Maturing April 30, 2013 (2)	457,500
2,507,781			Term Loan, 5.76%, Maturing April 30, 2013	2,211,906
1,000,000			Term Loan, 9.40%, Maturing October 30, 2013	906,667
			Carl Zeiss Vision Holding GmbH
1,300,000			Term Loan, 7.64%, Maturing March 23, 2015	1,239,333
			Community Health Systems, Inc.
385,151			Term Loan, 0.00%, Maturing July 25, 2014 (3)	356,413
7,658,082			Term Loan, 7.33%, Maturing July 25, 2014	7,086,674
			Concentra, Inc.
600,000			Term Loan, 10.33%, Maturing June 25, 2015	540,000
			ConMed Corp.
480,639			Term Loan, 4.79%, Maturing April 13, 2013	468,623
			CRC Health Corp.
493,750			Term Loan, 7.09%, Maturing February 6, 2013	477,703
491,281			Term Loan, 7.09%, Maturing February 6, 2013	475,315
			Dako EQT Project Delphi
500,000			Term Loan, 8.66%, Maturing December 12, 2016 (4)	434,900
			DaVita, Inc.
4,047,997			Term Loan, 5.57%, Maturing October 5, 2012	3,847,896
			DJO Finance, LLC
800,000			Term Loan, 7.83%, Maturing May 15, 2014	785,000
			Fenwal, Inc.
500,000			Term Loan, 10.33%, Maturing August 28, 2014	466,875
			Fresenius Medical Care Holdings
2,497,924			Term Loan, 6.25%, Maturing March 31, 2013	2,381,503
			Hanger Orthopedic Group, Inc.
713,972			Term Loan, 7.09%, Maturing May 30, 2013	680,058
			HCA, Inc.
6,707,250			Term Loan, 7.08%, Maturing November 18, 2013	6,214,160
			Health Management Association, Inc.
4,053,368			Term Loan, 6.56%, Maturing February 28, 2014	3,576,590
			HealthSouth Corp.
1,569,562			Term Loan, 6.91%, Maturing March 10, 2013	1,471,465
			Iasis Healthcare, LLC
848,556			Term Loan, 5.25%, Maturing March 14, 2014	775,722
292,130			Term Loan, 5.55%, Maturing March 14, 2014 (3)	267,056
77,901			Term Loan, 5.93%, Maturing March 14, 2014	71,215

			Ikaria Acquisition, Inc.
	535,248		Term Loan, 7.08%, Maturing March 28, 2013	$	505,809
			IM US Holdings, LLC
1,000,000			Term Loan, 6.84%, Maturing June 26, 2014	925,000
625,000			Term Loan, 9.09%, Maturing June 26, 2015	585,937
			Invacare Corp.
809,750			Term Loan, 5.50%, Maturing February 12, 2013	769,769
			Leiner Health Products, Inc.
960,175			Term Loan, 9.65%, Maturing May 27, 2011	539,756
			LifeCare Holdings, Inc.
855,313			Term Loan, 9.10%, Maturing August 11, 2012	750,537
			LifePoint Hospitals, Inc.
2,063,187			Term Loan, 6.72%, Maturing April 15, 2012	1,931,658
			Magellan Health Services, Inc.
1,111,111			Term Loan, 6.29%, Maturing August 15, 2008	1,088,889
277,778			Term Loan, 6.74%, Maturing August 15, 2008	272,222
			Matria Healthcare, Inc.
997,167			Term Loan, 6.83%, Maturing January 19, 2012	972,237
161,308			Term Loan, 6.91%, Maturing January 19, 2012	157,275
			MultiPlan Merger Corp.
1,687,132			Term Loan, 5.77%, Maturing April 12, 2013	1,615,429
1,201,008			Term Loan, 5.77%, Maturing April 12, 2013	1,149,965
			Mylan, Inc.
600,000			Term Loan, 7.21%, Maturing October 2, 2014	588,000
			National Mentor Holdings, Inc.
61,600			Term Loan, 5.32%, Maturing June 29, 2013	57,134
1,022,824			Term Loan, 6.73%, Maturing June 29, 2013	948,669
			National Rental Institutes, Inc.
819,495			Term Loan, 7.13%, Maturing March 31, 2013	738,058
			Nyco Holdings
EUR		1,000,000	Term Loan, 7.01%, Maturing December 29, 2014	1,204,221
EUR		1,000,000	Term Loan, 7.76%, Maturing December 29, 2015	1,211,624
			Physiotherapy Associates, Inc.
826,861			Term Loan, 8.09%, Maturing June 27, 2013	760,712
			RadNet Management, Inc.
544,501			Term Loan, 8.65%, Maturing November 15, 2012	530,208
			ReAble Therapeutics Finance, LLC
2,613,705			Term Loan, 6.83%, Maturing November 16, 2013	2,489,554
			Renal Advantage, Inc.
342,236			Term Loan, 7.47%, Maturing October 5, 2012	320,847
			Select Medical Holding Corp.
2,138,303			Term Loan, 6.99%, Maturing February 24, 2012	1,997,532
			Sunrise Medical Holdings, Inc.
675,653			Term Loan, 8.59%, Maturing May 13, 2010	608,088
			Vanguard Health Holding Co., LLC
2,171,268			Term Loan, 5.52%, Maturing September 23, 2011	2,016,565
			Viant Holdings, Inc.
522,375			Term Loan, 7.08%, Maturing June 25, 2014	473,402
				$	74,734,223
Home Furnishings — 1.9%
			Hunter Fan Co.
	49,286		Term Loan, 0.00%, Maturing April 16, 2014 (3)	$	42,386
478,523			Term Loan, 7.38%, Maturing April 16, 2014	411,530
			Interline Brands, Inc.
988,212			Term Loan, 5.02%, Maturing June 23, 2013	967,212
682,989			Term Loan, 5.02%, Maturing June 23, 2013	668,476
			National Bedding Co., LLC
1,000,000			Term Loan, Maturing August 31, 2011 (2)	890,000
495,000			Term Loan, 5.97%, Maturing August 31, 2011	405,667
1,050,000			Term Loan, 8.26%, Maturing August 31, 2012	866,250
			Sealy Mattress Co.
2,962,500			Term Loan, 6.28%, Maturing August 25, 2011	2,903,250

			Simmons Co.
	2,799,380		Term Loan, 5.75%, Maturing December 19, 2011	$	2,557,933
1,000,000			Term Loan, 10.65%, Maturing February 15, 2012	780,000
				$	10,492,704
Industrial Equipment — 4.0%
			Aearo Technologies, Inc.
	400,000		Term Loan, 10.33%, Maturing September 24, 2013	$	400,000
696,500			Term Loan, 7.08%, Maturing July 2, 2014	690,406
			Alliance Laundry Holdings, LLC
728,670			Term Loan, 7.63%, Maturing January 27, 2012	703,167
			Brand Energy & Infrastructure Service, Inc.
798,000			Term Loan, 7.91%, Maturing February 7, 2014	768,075
			CEVA Group PLC U.S.
2,276,643			Term Loan, 6.28%, Maturing January 4, 2014	2,219,727
1,068,316			Term Loan, 7.24%, Maturing January 4, 2014	1,041,608
833,485			Term Loan, 7.83%, Maturing January 4, 2014	812,648
			EPD Holdings (Goodyear Engineering Products)
1,036,465			Term loan, 5.75%, Maturing July 13, 2014	938,001
148,438			Term Loan, 5.78%, Maturing July 13, 2014	134,336
775,000			Term Loan, 8.99%, Maturing July 13, 2015	690,073
			Flowserve Corp.
1,990,108			Term Loan, 6.40%, Maturing August 10, 2012	1,938,698
			FR Brand Acquisition Corp.
744,375			Term Loan, 7.14%, Maturing February 7, 2014	695,991
			Generac Acquisition Corp.
1,764,000			Term Loan, 7.20%, Maturing November 7, 2013	1,486,800
500,000			Term Loan, 10.70%, Maturing April 7, 2014	376,071
			Gleason Corp.
568,403			Term Loan, 6.56%, Maturing June 30, 2013	532,168
138,408			Term Loan, 6.56%, Maturing June 30, 2013	129,585
			Itron, Inc.
EUR		380,090	Term Loan, 6.78%, Maturing April 18, 2014	525,946
			Jason, Inc.
447,750			Term Loan, 6.52%, Maturing April 30, 2010	425,363
			John Maneely Co.
2,837,512			Term Loan, 7.77%, Maturing December 8, 2013	2,438,235
			KION Group GmbH
250,000			Term Loan, 6.75%, Maturing December 23, 2014	227,188
250,000			Term Loan, 7.25%, Maturing December 23, 2015	228,438
			Polypore, Inc.
3,009,875			Term Loan, 5.52%, Maturing July 3, 2014	2,836,807
			Sequa Corp.
1,000,000			Term Loan, 8.08%, Maturing November 30, 2014	955,833
			TFS Acquisition Corp.
691,250			Term Loan, 8.33%, Maturing August 11, 2013	663,600
				$	21,858,764
Insurance — 2.4%
			Alliant Holdings I, Inc.
	972,563		Term Loan, 7.83%, Maturing August 21, 2014	$	919,072
			AmWINS Group, Inc.
500,000			Term Loan, 11.07%, Maturing June 8, 2014	412,500
			Applied Systems, Inc.
1,333,125			Term Loan, 7.19%, Maturing September 26, 2013	1,266,469
			CCC Information Services Group, Inc.
1,578,926			Term Loan, 7.36%, Maturing February 10, 2013	1,539,453
			Conseco, Inc.
3,486,565			Term Loan, 5.27%, Maturing October 10, 2013	3,158,245
			Crawford & Company
1,232,500			Term Loan, 7.58%, Maturing October 31, 2013	1,152,388
			Crump Group, Inc.
1,015,725			Term Loan, 7.83%, Maturing August 4, 2014	1,000,489
			Hub International Holdings, Inc.
424,067			Term Loan, 6.07%, Maturing June 13, 2014 (3)	381,660
1,889,395			Term Loan, 7.33%, Maturing June 13, 2014	1,700,456

		U.S.I. Holdings Corp.
	1,840,750	Term Loan, 7.58%, Maturing May 4, 2014	$	1,707,296
			$	13,238,028
Leisure Goods/Activities/Movies — 9.6%
		24 Hour Fitness Worldwide, Inc.
	1,645,688	Term Loan, 6.95%, Maturing June 8, 2012	$	1,497,576
		AMC Entertainment, Inc.
1,837,500		Term Loan, 5.04%, Maturing January 26, 2013	1,698,376
		AMF Bowling Worldwide, Inc.
1,000,000		Term Loan, 11.81%, Maturing December 8, 2013	935,000
		Bombardier Recreational Product
1,822,785		Term Loan, 6.43%, Maturing June 28, 2013	1,730,127
		Butterfly Wendel US, Inc.
300,000		Term Loan, 7.65%, Maturing June 22, 2013	275,500
300,000		Term Loan, 7.40%, Maturing June 22, 2014	274,000
		Carmike Cinemas, Inc.
893,313		Term Loan, 8.65%, Maturing May 19, 2012	835,247
1,000,000		Term Loan, Maturing May 19, 2012 (2)	935,000
		Cedar Fair, L.P.
3,994,200		Term Loan, 5.27%, Maturing August 30, 2012	3,746,312
		Cinemark, Inc.
3,590,317		Term Loan, 6.51%, Maturing October 5, 2013	3,293,556
		Deluxe Entertainment Services
59,055		Term Loan, 4.73%, Maturing January 28, 2011	52,559
1,232,528		Term Loan, 7.08%, Maturing January 28, 2011	1,096,950
113,929		Term Loan, 7.08%, Maturing January 28, 2011	101,397
		Easton-Bell Sports, Inc.
1,282,818		Term Loan, 6.85%, Maturing March 16, 2012	1,163,089
		Fender Musical Instruments Corp.
335,563		Term Loan, 6.97%, Maturing June 9, 2014	305,362
664,437		Term Loan, 7.16%, Maturing June 9, 2014	604,638
		HEI Acquisition, LLC
1,925,000		Term Loan, 7.31%, Maturing April 13, 2014	1,886,500
		Mega Blocks, Inc.
1,608,750		Term Loan, 5.50%, Maturing July 26, 2012	1,419,722
		Metro-Goldwyn-Mayer Holdings, Inc.
7,916,438		Term Loan, 8.11%, Maturing April 8, 2012	7,074,414
		National CineMedia, LLC
1,750,000		Term Loan, 6.87%, Maturing February 13, 2015	1,596,875
		Regal Cinemas Corp.
3,999,376		Term Loan, 6.33%, Maturing November 10, 2010	3,712,828
		Revolution Studios Distribution Co., LLC
1,209,316		Term Loan, 7.03%, Maturing December 21, 2014	1,166,990
800,000		Term Loan, 10.28%, Maturing June 21, 2015	780,000
		Six Flags Theme Parks, Inc.
3,134,250		Term Loan, 7.25%, Maturing April 30, 2015	2,716,787
		Southwest Sports Group, LLC
1,875,000		Term Loan, 5.75%, Maturing December 22, 2010	1,790,625
		Universal City Development Partners, Ltd.
1,721,345		Term Loan, 6.45%, Maturing June 9, 2011	1,687,994
		WMG Acquisition Corp.
875,000		Revolving Loan, 0.00%, Maturing February 28, 2010 (3)	837,266
9,692,991		Term Loan, 6.73%, Maturing February 28, 2011	9,087,179
			$	52,301,869
Lodging and Casinos — 4.6%
		Ameristar Casinos, Inc.
	1,078,000	Term Loan, 7.43%, Maturing November 10, 2012	$	1,064,525
		Bally Technologies, Inc.
4,590,161		Term Loan, 7.36%, Maturing September 5, 2009	4,565,778
		CCM Merger, Inc.
2,426,562		Term Loan, 6.90%, Maturing April 25, 2012	2,268,835

		Isle of Capri Casinos, Inc.
	401,471	Term Loan, 5.04%, Maturing November 30, 2013	$	353,294
1,331,544		Term Loan, 6.58%, Maturing November 30, 2013	1,171,759
532,618		Term Loan, 6.58%, Maturing November 30, 2013	468,703
		LodgeNet Entertainment Corp.
820,875		Term Loan, 6.83%, Maturing April 4, 2014	761,362
		New World Gaming Partners, Ltd.
1,020,833		Term Loan, 7.23%, Maturing June 30, 2014	905,990
204,167		Term Loan, 7.23%, Maturing June 30, 2014	181,198
		Penn National Gaming, Inc.
6,422,175		Term Loan, 5.66%, Maturing October 3, 2012	6,287,309
		Venetian Casino Resort/Las Vegas Sands Inc.
865,000		Term Loan, 0.00%, Maturing May 14, 2014 (3)	768,499
3,442,700		Term Loan, 6.58%, Maturing May 23, 2014	3,058,626
		VML US Finance, LLC
441,667		Term Loan, 7.08%, Maturing May 25, 2012	412,805
883,333		Term Loan, 7.08%, Maturing May 25, 2013	825,610
		Wimar OpCo, LLC
1,883,308		Term Loan, 9.25%, Maturing January 3, 2012	1,867,220
			$	24,961,513
Nonferrous Metals/Minerals — 2.3%
		Alpha Natural Resources, LLC
	815,937	Term Loan, 6.59%, Maturing October 26, 2012	$	802,679
		Euramax International, Inc.
580,533		Term Loan, 7.81%, Maturing June 28, 2012	500,226
501,316		Term Loan, 12.65%, Maturing June 28, 2013	374,984
248,684		Term Loan, 12.65%, Maturing June 28, 2013	186,016
		Magnum Coal Co.
1,831,023		Term Loan, 6.50%, Maturing March 15, 2013	1,592,990
186,364		Term Loan, 6.53%, Maturing March 15, 2013	162,136
		Murray Energy Corp.
904,425		Term Loan, 7.91%, Maturing January 28, 2010	863,726
		Neo Material Technologies, Inc.
990,000		Term Loan, 8.31%, Maturing August 31, 2009	990,000
		Noranda Aluminum Acquisition
1,402,563		Term Loan, 6.91%, Maturing May 18, 2014	1,326,590
		Novelis, Inc.
629,648		Term Loan, 6.83%, Maturing June 28, 2014	580,064
1,385,227		Term Loan, 6.83%, Maturing June 28, 2014	1,276,140
		Oxbow Carbon and Mineral Holdings
3,066,808		Term Loan, 6.82%, Maturing May 8, 2014	2,767,794
274,552		Term Loan, 6.83%, Maturing May 8, 2014	247,783
		Thompson Creek Metals Co.
1,128,641		Term Loan, 9.40%, Maturing October 26, 2012	1,117,355
			$	12,788,483
Oil and Gas — 2.9%
		Atlas Pipeline Partners L.P.
	1,500,000	Term Loan, 6.03%, Maturing July 20, 2014	$	1,475,625
		Big West Oil, LLC
398,750		Term Loan, 0.00%, Maturing May 1, 2014 (3)	378,813
322,625		Term Loan, 5.50%, Maturing May 1, 2014	306,494
		Concho Resources, Inc.
361,110		Term Loan, 9.23%, Maturing March 27, 2012	354,791
		Dresser, Inc.
1,448,620		Term Loan, 7.41%, Maturing May 4, 2014	1,301,947
1,000,000		Term Loan, 11.13%, Maturing May 4, 2015	905,000
		Dynegy Holdings, Inc.
1,847,980		Term Loan, Maturing April 2, 2013 (2)	1,706,609
152,020		Term Loan, Maturing April 2, 2013 (2)	140,391
		Enterprise GP Holdings L.P.
1,125,000		Term Loan, 6.75%, Maturing October 31, 2014	1,115,156
		Kinder Morgan, Inc.
3,810,553		Term Loan, 4.78%, Maturing May 21, 2014	3,776,346

				Niska Gas Storage
	116,528			Term Loan, 6.74%, Maturing May 13, 2011	$	110,119
66,642				Term Loan, 6.81%, Maturing May 13, 2011	62,977
98,381				Term Loan, 7.32%, Maturing May 13, 2011	92,970
608,113				Term Loan, 7.32%, Maturing May 12, 2013	574,666
				Primary Natural Resources, Inc.
1,522,875				Term Loan, 6.00%, Maturing July 28, 2010 (4)	1,495,768
				Targa Resources, Inc.
1,365,968				Term Loan, 6.84%, Maturing October 31, 2012	1,312,012
972,695				Term Loan, 6.90%, Maturing October 31, 2012	934,273
					$	16,043,957
Publishing — 11.2%
				American Media Operations, Inc.
	4,275,000			Term Loan, 8.25%, Maturing January 31, 2013	$	4,018,500
				Aster Zweite Beteiligungs GmbH
775,000				Term Loan, 7.39%, Maturing September 27, 2013	723,269
				CanWest MediaWorks, Ltd.
796,000				Term Loan, 7.08%, Maturing July 10, 2014	768,140
				Dex Media West, LLC
2,447,377				Term Loan, 6.43%, Maturing March 9, 2010	2,376,058
				GateHouse Media Operating, Inc.
600,000				Term Loan, 6.50%, Maturing August 28, 2014	480,000
1,350,000				Term Loan, 7.07%, Maturing August 28, 2014	1,080,000
675,000				Term Loan, 7.41%, Maturing August 28, 2014	553,500
				Idearc, Inc.
8,400,250				Term Loan, 6.83%, Maturing November 17, 2014	7,678,593
				Laureate Education, Inc.
129,314				Term Loan, Maturing August 17, 2014 (2)	125,111
870,686				Term Loan, Maturing August 17, 2014 (2)	842,389
222,285				Term Loan, 0.00%, Maturing August 17, 2014 (3)	203,634
1,496,672				Term Loan, 8.73%, Maturing August 17, 2014	1,371,091
				MediaNews Group, Inc.
960,375				Term Loan, 7.08%, Maturing August 2, 2013	811,517
				Mediannuaire Holding
EUR			500,000	Term Loan, 9.18%, Maturing April 10, 2016	662,939
				Merrill Communications, LLC
1,287,413				Term Loan, 6.46%, Maturing February 9, 2009	1,223,042
1,000,000				Term Loan, 9.77%, Maturing November 15, 2013	890,000
				Nebraska Book Co., Inc.
1,394,866				Term Loan, 7.65%, Maturing March 4, 2011	1,354,764
				Nelson Education, Ltd.
498,750				Term Loan, 7.33%, Maturing July 5, 2014	461,655
				Nielsen Finance, LLC
6,838,458				Term Loan, 6.96%, Maturing August 9, 2013	6,338,867
				Philadelphia Newspapers, LLC
711,689				Term Loan, 7.92%, Maturing June 29, 2013	633,403
				R.H. Donnelley Corp.
3,063,126				Term Loan, 6.40%, Maturing June 30, 2010	2,914,182
				Reader’s Digest Association
3,275,250				Term Loan, 7.19%, Maturing March 2, 2014	2,872,666
				SGS International, Inc.
686,000				Term Loan, 7.29%, Maturing December 30, 2011	668,850
				Source Media, Inc.
1,623,307				Term Loan, 7.08%, Maturing November 8, 2011	1,542,141
				SP Newsprint Co.
3,866,667				Term Loan, 7.02%, Maturing January 9, 2010	3,499,333
				TL Acquisitions, Inc.
1,920,188				Term Loan, 6.20%, Maturing July 5, 2014	1,733,503
				Trader Media Corp.
GBP		2,334,000		Term Loan, 7.68%, Maturing March 23, 2015	4,303,593
				Tribune Co.
1,866,667				Term Loan, 7.40%, Maturing May 17, 2009	1,748,251
3,955,125				Term Loan, 7.91%, Maturing May 17, 2014	2,982,659

				Xsys US, Inc.
		1,872,229		Term Loan, 7.39%, Maturing September 27, 2013	$		1,747,258
1,896,271				Term Loan, 7.39%, Maturing September 27, 2014	1,780,124
				Yell Group, PLC
2,600,000				Term Loan, 5.27%, Maturing February 10, 2013	2,448,469
					$	60,837,501
Radio and Television — 6.3%
				Block Communications, Inc.
	833,000			Term Loan, 6.83%, Maturing December 22, 2011	$	770,525
				CMP KC, LLC
973,688				Term Loan, 8.47%, Maturing May 5, 2013	890,924
				CMP Susquehanna Corp.
1,329,000				Term Loan, 5.81%, Maturing May 5, 2013	1,174,504
				Discovery Communications, Inc.
2,412,875				Term Loan, 6.83%, Maturing April 30, 2014	2,298,263
				Emmis Operating Co.
797,426				Term Loan, 6.84%, Maturing November 2, 2013	726,156
				Entravision Communications Corp.
1,272,000				Term Loan, 6.23%, Maturing September 29, 2013	1,174,480
				Gray Television, Inc.
1,262,250				Term Loan, 6.21%, Maturing January 19, 2015	1,137,603
				HIT Entertainment, Inc.
999,399				Term Loan, 6.60%, Maturing March 20, 2012	904,456
				NEP II, Inc.
620,310				Term Loan, 7.11%, Maturing February 16, 2014	586,709
				Nexstar Broadcasting, Inc.
1,790,382				Term Loan, 6.58%, Maturing October 1, 2012	1,629,248
1,695,252				Term Loan, 6.58%, Maturing October 1, 2012	1,542,680
				NextMedia Operating, Inc.
247,444				Term Loan, 5.99%, Maturing November 15, 2012	230,123
109,974				Term Loan, 6.32%, Maturing November 15, 2012	102,276
				PanAmSat Corp.
2,000,000				Term Loan, Maturing September 30, 2010 (2)	1,766,250
2,444,063				Term Loan, 6.60%, Maturing January 3, 2014	2,125,478
				Paxson Communications Corp.
2,500,000				Term Loan, 7.51%, Maturing January 15, 2012	2,350,000
				Raycom TV Broadcasting, LLC
875,000				Term Loan, 4.81%, Maturing June 25, 2014	813,750
				SFX Entertainment
1,144,939				Term Loan, 7.58%, Maturing June 21, 2013	1,110,591
				Sirius Satellite Radio, Inc.
498,750				Term Loan, 5.56%, Maturing December 19, 2012	443,888
				Tyrol Acquisition 2 SAS
EUR			800,000	Term Loan, 6.19%, Maturing January 19, 2015	1,039,650
EUR			800,000	Term Loan, 6.65%, Maturing January 19, 2016	1,045,035
				Univision Communications, Inc.
2,750,000				Term Loan, 5.77%, Maturing March 29, 2009	2,603,906
255,872				Term Loan, 0.00%, Maturing September 29, 2014 (3)	211,121
7,369,128				Term Loan, 5.49%, Maturing September 29, 2014	6,080,297
				Young Broadcasting, Inc.
982,500				Term Loan, 7.06%, Maturing November 3, 2012	896,531
716,625				Term Loan, 7.16%, Maturing November 3, 2012	653,920
					$	34,308,364
Rail Industries — 0.6%
				Kansas City Southern Railway Co.
	1,994,625			Term Loan, 6.58%, Maturing March 30, 2008	$	1,944,137
				RailAmerica, Inc.
1,550,000				Term Loan, 7.12%, Maturing August 14, 2008	1,519,000
					$	3,463,137

Retailers (Except Food and Drug) — 3.2%
			American Achievement Corp.
	390,159		Term Loan, 6.70%, Maturing March 25, 2011	$	366,750
			Amscan Holdings, Inc.
	496,250		Term Loan, 6.35%, Maturing May 25, 2013		454,069
			Claire’s Stores, Inc.
348,250			Term Loan, 6.47%, Maturing May 24, 2014	285,391
			Cumberland Farms, Inc.
1,546,918			Term Loan, 6.06%, Maturing September 29, 2013	1,515,979
			Educate, Inc.
500,000			Term Loan, 10.08%, Maturing June 14, 2014	465,000
			Harbor Freight Tools USA, Inc.
1,714,570			Term Loan, 6.21%, Maturing July 15, 2010	1,564,545
			Josten’s Corp.
1,509,741			Term Loan, 6.72%, Maturing October 4, 2011	1,482,063
			Mapco Express, Inc.
537,372			Term Loan, 6.01%, Maturing April 28, 2011	511,846
			Neiman Marcus Group, Inc.
802,215			Term Loan, 6.69%, Maturing April 5, 2013	739,375
			Orbitz Worldwide, Inc.
1,177,050			Term Loan, 7.05%, Maturing July 25, 2014	1,085,829
			Oriental Trading Co., Inc.
1,125,000			Term Loan, 9.28%, Maturing January 31, 2013	945,000
1,585,006			Term Loan, 6.42%, Maturing July 31, 2013	1,410,655
			Rent-A-Center, Inc.
1,033,316			Term Loan, 6.72%, Maturing November 15, 2012	949,359
			Rover Acquisition Corp.
2,227,500			Term Loan, 6.28%, Maturing October 26, 2013	2,075,288
			Savers, Inc.
338,357			Term Loan, 7.58%, Maturing August 11, 2012	328,206
368,271			Term Loan, 7.58%, Maturing August 11, 2012	357,223
			The Yankee Candle Company, Inc.
1,200,250			Term Loan, 6.83%, Maturing February 6, 2014	1,087,727
			Vivarte
EUR		750,000	Term Loan, 6.20%, Maturing May 29, 2015	832,518
EUR		750,000	Term Loan, 6.70%, Maturing May 29, 2016	837,002
				$	17,293,825
Steel — 0.4%
			Algoma Acquisition Corp.
	1,046,089		Term Loan, 7.33%, Maturing June 20, 2013	$	975,478
			Niagara Corp.
1,019,875			Term Loan, 8.27%, Maturing June 29, 2014	897,490
				$	1,872,968
Surface Transport — 1.1%
			Gainey Corp.
	500,000		Term Loan, Maturing April 20, 2012 (2)	$	348,750
746,860			Term Loan, 10.00%, Maturing April 20, 2012	484,568
			Oshkosh Truck Corp.
1,925,625			Term Loan, 6.90%, Maturing December 6, 2013	1,788,644
			Ozburn-Hessey Holding Co., LLC
489,087			Term Loan, 7.10%, Maturing August 9, 2012	437,733
			SIRVA Worldwide, Inc.
1,599,041			Term Loan, 11.82%, Maturing December 1, 2010	838,830
			Swift Transportation Co., Inc.
2,805,814			Term Loan, 8.19%, Maturing May 10, 2014	2,177,138
				$	6,075,663
Telecommunications — 5.7%
			Alaska Communications Systems Holdings, Inc.
	990,000		Term Loan, 6.58%, Maturing February 1, 2012	$	932,972
			Alltell Communication
1,500,000			Term Loan, Maturing May 16, 2014 (2)	1,370,000
1,147,125			Term Loan, 6.77%, Maturing May 16, 2015	1,047,707
			Asurion Corp.
1,400,000			Term Loan, 7.88%, Maturing July 13, 2012	1,277,500
1,000,000			Term Loan, 11.18%, Maturing January 13, 2013	908,125

				Centennial Cellular Operating Co., LLC
	4,445,833			Term Loan, 6.85%, Maturing February 9, 2011	$	4,310,604
				CommScope, Inc.
1,150,000				Term Loan, 7.06%, Maturing November 19, 2014	1,127,000
				FairPoint Communications, Inc.
2,980,000				Term Loan, 6.63%, Maturing February 8, 2012	2,940,515
				Intelsat Bermuda, Ltd.
1,075,000				Term Loan, 7.13%, Maturing February 1, 2014	1,053,052
				Intelsat Subsidiary Holding Co.
962,813				Term Loan, 6.35%, Maturing July 3, 2013	904,081
				Iowa Telecommunications Services
2,616,000				Term Loan, 6.68%, Maturing November 23, 2011	2,490,105
				IPC Systems, Inc.
1,094,500				Term Loan, 7.09%, Maturing May 31, 2014	913,223
500,000				Term Loan, 10.09%, Maturing May 31, 2015	388,750
				Macquarie UK Broadcast Ventures, Ltd.
GBP			775,000	Term Loan, 7.95%, Maturing December 26, 2014	1,359,668
				NTelos, Inc.
1,171,806				Term Loan, 5.53%, Maturing August 24, 2011	1,137,019
				Palm, Inc.
773,063				Term Loan, 6.78%, Maturing April 24, 2014	566,268
				Stratos Global Corp.
1,039,500				Term Loan, 7.59%, Maturing February 13, 2012	992,723
				Telesat Canada, Inc.
602,924				Term Loan, 6.92%, Maturing October 22, 2014	572,025
51,532				Term Loan, 7.00%, Maturing October 22, 2014 (3)	48,891
				Trilogy International Partners
850,000				Term Loan, 8.33%, Maturing June 29, 2012	777,750
				Triton PCS, Inc.
2,710,612				Term Loan, 6.53%, Maturing November 18, 2009	2,697,059
				Windstream Corp.
3,074,456				Term Loan, 5.50%, Maturing July 17, 2013	2,990,871
					$	30,805,908
Utilities — 3.5%
				AEI Finance Holding, LLC
	269,751			Revolving Loan, 7.83%, Maturing March 30, 2012	$	249,520
2,011,266				Term Loan, 7.83%, Maturing March 30, 2014	1,860,421
				Astoria Generating Co.
1,000,000				Term Loan, 8.66%, Maturing August 23, 2013	955,625
				BRSP, LLC
1,775,173				Term Loan, 7.91%, Maturing July 13, 2009	1,739,670
				Calpine Corp.
843,625				DIP Loan, 7.08%, Maturing March 30, 2009	755,044
				Covanta Energy Corp.
569,072				Term Loan, 6.20%, Maturing February 9, 2014	536,825
1,147,258				Term Loan, 6.57%, Maturing February 9, 2014	1,082,247
				Electricinvest Holding Co.
EUR		476,616		Term Loan, 8.33%, Maturing October 24, 2012	645,695
GBP		480,000		Term Loan, 9.73%, Maturing October 24, 2012	869,949
				Elster Group GmbH (Ruhrgas)
240,599				Term Loan, 6.91%, Maturing June 12, 2013	233,983
				LS Power Acquisition Co.
580,904				Term Loan, 8.58%, Maturing November 1, 2014	573,643
				Mach General, LLC
67,969				Term Loan, 6.83%, Maturing February 22, 2013	61,444
650,461				Term Loan, 7.00%, Maturing February 22, 2014	588,017
				Mirant North America, LLC
871,833				Term Loan, 5.02%, Maturing January 3, 2013	835,507
				NRG Energy, Inc.
2,093,940				Term Loan, 6.48%, Maturing June 1, 2014	1,928,781
4,534,961				Term Loan, 6.58%, Maturing June 1, 2014	4,177,266
				Pike Electric, Inc.
173,511				Term Loan, 5.88%, Maturing July 1, 2012	170,474
403,131				Term Loan, 5.50%, Maturing December 10, 2012	396,076

			TXU Texas Competitive Electric Holdings Co., LLC
	847,875		Term Loan, 8.40%, Maturing October 10, 2014	$	781,876
847,875			Term Loan, 8.40%, Maturing October 10, 2014	784,670
				$	19,226,733
Total Senior Floating-Rate Interests (identified cost $917,592,383)				$	852,565,842
Corporate Bonds & Notes — 11.0%

Principal
Amount*
(000’s omitted)			Security	Value
Aerospace and Defense — 0.0%
			Alion Science and Technologies, Corp.
	145		10.25%, 2/1/15	$	113,825
			DRS Technologies, Inc., Sr. Sub. Notes
80			7.625%, 2/1/18	79,400
				$	193,225
Air Transport — 0.0%
			Continental Airlines
	212		7.033%, 6/15/11	$	201,246
				$	201,246
Automotive — 0.2%
			Altra Industrial Motion, Inc.
	225		9.00%, 12/1/11	$	220,500
110			9.00%, 12/1/11	107,800
			American Axle & Manufacturing, Inc.
135			7.875%, 3/1/17	121,837
			Commercial Vehicle Group, Inc., Sr. Notes
100			8.00%, 7/1/13	85,125
			Ford Motor Credit Co., Sr. Notes
15			9.875%, 8/10/11	14,402
			Goodyear Tire & Rubber Co., Sr. Notes, Variable Rate
180			8.663%, 12/1/09	180,450
			Tenneco, Inc., Sr. Notes
55			8.125%, 11/15/15 (5)	55,000
				$	785,114
Broadcast Radio and Television — 0.0%
			Warner Music Group, Sr. Sub. Notes
	85		7.375%, 4/15/14	$	66,725
				$	66,725
Brokers/Dealers/Investment Houses — 0.1%
			Nuveen Investments, Inc.
	30		5.00%, 9/15/10	$	27,150
			Nuveen Investments, Inc., Sr. Notes
330			10.50%, 11/15/15 (5)	321,750
				$	348,900
Building and Development — 0.8%
			Grohe Holding GMBH, Variable Rate
EUR		2,000	7.451%, 1/15/14	$	2,598,453
			Interface, Inc.
500			10.375%, 2/1/10	517,500
			Nortek, Inc., Sr. Sub. Notes
850			8.50%, 9/1/14	667,250
			NTK Holdings, Inc., Sr. Disc. Notes
360			10.75%, 3/1/14	203,400
			Panolam Industries International
425			10.75%, 10/1/13	350,625
			Stanley Martin Co.
80			9.75%, 8/15/15	40,400
				$	4,377,628

Business Equipment and Services — 0.6%
		Affinion Group, Inc.
	95	10.125%, 10/15/13	$	94,525
135		11.50%, 10/15/15	125,550
		Ceridian Corp., Sr. Notes
350		11.25%, 11/15/15 (5)	297,500
		Education Management, LLC
415		8.75%, 6/1/14	401,512
655		10.25%, 6/1/16	627,162
		KAR Holdings, Inc., Sr. Notes
20		8.75%, 5/1/14 (5)	17,900
		KAR Holdings, Inc., Variable Rate, Sr. Notes
130		8.911%, 5/1/14 (5)	108,550
		Neff Corp., Sr. Notes
40		10.00%, 6/1/15	19,200
		Norcross Safety Products, LLC/Norcross Capital Corp., Sr. Sub. Notes, Series B
40		9.875%, 8/15/11	41,300
		Safety Products Holdings, Inc. Sr. Notes (PIK)
481		11.75%, 1/1/12	504,454
		SunGard Data Systems, Inc.
85		9.125%, 8/15/13	86,700
		Travelport, LLC
475		9.875%, 9/1/14	458,375
70		11.875%, 9/1/16	66,850
		United Rentals North America, Inc.
20		6.50%, 2/15/12	18,500
		West Corp.
685		9.50%, 10/15/14	640,475
			$	3,508,553
Cable and Satellite Television — 0.3%
		Cablevision Systems Corp., Sr. Notes, Series B
	75	8.00%, 4/15/12	$	72,187
		CCH II, LLC/CCH II Capital Co.
310		10.25%, 9/15/10	293,725
		CCO Holdings, LLC/CCO Capital Corp., Sr. Notes
730		8.75%, 11/15/13	682,550
		Kabel Deutschland GmbH
190		10.625%, 7/1/14	193,325
		Mediacom Broadband Group Corp., LLC, Sr. Notes
135		8.50%, 10/15/15	111,375
			$	1,353,162
Chemicals and Plastics — 0.2%
		CII Carbon, LLC
	100	11.125%, 11/15/15 (5)	$	96,000
		INEOS Group Holdings PLC
225		8.50%, 2/15/16 (5)	176,625
		Nova Chemicals Corp., Sr. Notes, Variable Rate
195		7.863%, 11/15/13	166,725
		Reichhold Industries, Inc., Sr. Notes
445		9.00%, 8/15/14 (5)	440,550
			$	879,900
Clothing/Textiles — 0.3%
		Levi Strauss & Co., Sr. Notes
	385	9.75%, 1/15/15	$	376,337
75		8.875%, 4/1/16	71,625
		Oxford Industries, Inc., Sr. Notes
790		8.875%, 6/1/11	776,175
		Perry Ellis International, Inc., Sr. Sub. Notes
325		8.875%, 9/15/13	313,625
		Phillips Van Heusen, Sr. Notes
55		7.25%, 2/15/11	55,412
			$	1,593,174

Conglomerates — 0.1%
		Goodman Global Holdings, Inc., Sr. Notes, Variable Rate
	210	7.991%, 6/15/12	$	212,100
		RBS Global & Rexnord Corp.
175		9.50%, 8/1/14	158,812
155		11.75%, 8/1/16	132,525
			$	503,437
Containers and Glass Products — 0.3%
		Intertape Polymer US, Inc., Sr. Sub. Notes
	310	8.50%, 8/1/14	$	284,812
		Pliant Corp. (PIK)
1,358		11.85%, 6/15/09	1,357,731
		Smurfit-Stone Container Enterprises, Inc., Sr. Notes
250		8.00%, 3/15/17	233,125
			$	1,875,668
Cosmetics/Toiletries — 0.1%
		Bausch & Lomb, Inc., Sr. Notes
	195	9.875%, 11/1/15 (5)	$	198,412
		Revlon Consumer Products Corp., Sr. Sub. Notes
210		8.625%, 2/1/08	210,000
			$	408,412
Ecological Services and Equipment — 0.1%
		Waste Services, Inc., Sr. Sub. Notes
	440	9.50%, 4/15/14	$	411,400
			$	411,400
Electronics/Electrical — 0.3%
		Advanced Micro Devices, Inc., Sr. Notes
	445	7.75%, 11/1/12	$	366,012
		Amkor Technologies, Inc., Sr. Notes
140		7.75%, 5/15/13	125,825
		Avago Technologies Finance
90		11.875%, 12/1/15	94,500
		Avago Technologies Finance, Variable Rate
170		10.125%, 12/1/13	177,650
		NXP BV/NXP Funding, LLC
10		7.875%, 10/15/14	9,212
		NXP BV/NXP Funding, LLC, Variable Rate
775		7.008%, 10/15/13	646,156
			$	1,419,355
Financial Intermediaries — 0.7%
		Alzette, Variable Rate
	750	11.86%, 12/15/20	$	723,225
		*ETrade Financial Corp.**
190		7.875%, 12/1/15	144,875
		First CLO, Ltd., Sr. Sub. Notes, Variable Rate
1,000		7.68%, 7/27/16 (5)	863,917
		Ford Motor Credit Co.
715		7.375%, 10/28/09	688,827
340		7.875%, 6/15/10	320,235
		Ford Motor Credit Co., Sr. Notes
50		5.80%, 1/12/09	48,644
		General Motors Acceptance Corp.
210		6.375%, 5/1/08	210,000
100		5.85%, 1/14/09	97,287
160		7.75%, 1/19/10	153,127
325		7.25%, 3/2/11	293,822
40		7.00%, 2/1/12	34,728
		General Motors Acceptance Corp., Variable Rate
110		6.119%, 5/15/09	102,732
			$	3,681,419

Food Products — 0.1%
		ASG Consolidated, LLC/ASG Finance, Inc., Sr. Disc. Notes
	495	11.50%, 11/1/11	$	460,350
		Dole Foods Co.
210		7.25%, 6/15/10	185,850
		Dole Foods Co., Sr. Notes
105		8.625%, 5/1/09	98,175
		Pierre Foods, Inc., Sr. Sub. Notes
55		9.875%, 7/15/12	36,300
			$	780,675
Food Service — 0.1%
		Aramark Corp., Sr. Notes
	60	8.50%, 2/1/15	$	60,000
		El Pollo Loco, Inc.
370		11.75%, 11/15/13	355,200
		NPC International, Inc., Sr. Sub. Notes
390		9.50%, 5/1/14	337,350
			$	752,550
Food/Drug Retailers — 0.3%
		General Nutrition Center, Sr. Notes, Variable Rate (PIK)
	345	10.009%, 3/15/14	$	284,625
		General Nutrition Center, Sr. Sub. Notes
365		10.75%, 3/15/15	295,650
		Rite Aid Corp.
685		6.125%, 12/15/08 (5)	661,025
285		7.50%, 1/15/15	252,225
120		7.50%, 3/1/17	103,500
			$	1,597,025
Forest Products — 0.2%
		Georgia-Pacific Corp.
	5	9.50%, 12/1/11	$	5,225
		Jefferson Smurfit Corp.
75		7.50%, 6/1/13	69,750
		NewPage Corp.
350		10.00%, 5/1/12 (5)	350,000
245		10.00%, 5/1/12	245,000
210		12.00%, 5/1/13	208,950
		NewPage Corp., Variable Rate
135		11.161%, 5/1/12	132,975
			$	1,011,900
Healthcare — 0.7%
		Accellent, Inc.
	210	10.50%, 12/1/13	$	166,950
		Advanced Medical Optics, Inc., Sr. Sub. Notes
70		7.50%, 5/1/17	59,500
		AMR HoldCo, Inc., Sr. Sub. Notes
325		10.00%, 2/15/15	346,125
		HCA, Inc.
695		8.75%, 9/1/10	700,212
150		7.875%, 2/1/11	148,125
135		9.125%, 11/15/14	140,569
285		9.25%, 11/15/16	299,606
		MultiPlan Merger Corp., Sr. Sub. Notes
485		10.375%, 4/15/16 (5)	453,475
		National Mentor Holdings, Inc.
315		11.25%, 7/1/14	326,025
		Res-Care, Inc., Sr. Notes
195		7.75%, 10/15/13	187,687
		Service Corp. International, Sr. Notes
120		7.00%, 6/15/17	118,200
		Universal Hospital Service, Inc. (PIK)
40		8.50%, 6/1/15	40,600

		US Oncology, Inc.
	265	9.00%, 8/15/12	$	261,025
515		10.75%, 8/15/14	504,700
		Varietal Distribution Merger, Inc., Sr. Notes (PIK)
40		10.25%, 7/15/15 (5)	37,600
			$	3,790,399
Home Furnishings — 0.0%
		Interline Brands, Inc., Sr. Sub. Notes
	135	8.125%, 6/15/14	$	132,300
			$	132,300
Industrial Equipment — 0.1%
		Chart Industries, Inc., Sr. Sub. Notes
	195	9.125%, 10/15/15	$	195,000
		ESCO Corp., Sr. Notes
145		8.625%, 12/15/13 (5)	139,200
		ESCO Corp., Sr. Notes, Variable Rate
145		8.866%, 12/15/13 (5)	131,225
			$	465,425
Insurance — 0.0%
		Alliant Holdings I, Inc.
	100	11.00%, 5/1/15 (5)	$	94,000
			$	94,000
Leisure Goods/Activities/Movies — 0.4%
		AMC Entertainment, Inc.
	265	11.00%, 2/1/16	$	263,675
		Bombardier, Inc., Sr. Notes
130		8.00%, 11/15/14 (5)	136,500
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp.
195		12.50%, 4/1/13 (5)	178,425
		HRP Myrtle Beach Operations, LLC/HRP Myrtle Beach Capital Corp., Variable Rate
360		9.894%, 4/1/12 (5)	329,400
		Marquee Holdings, Inc., Sr. Disc. Notes
790		9.505%, 8/15/14	560,900
		Universal City Development Partners, Sr. Notes
240		11.75%, 4/1/10	247,800
		Universal City Florida Holdings, Sr. Notes, Variable Rate
680		9.661%, 5/1/10	659,600
			$	2,376,300
Lodging and Casinos — 1.1%
		Buffalo Thunder Development Authority
	375	9.375%, 12/15/14 (5)	$	315,000
		CCM Merger, Inc.
230		8.00%, 8/1/13 (5)	207,000
		Chukchansi EDA, Sr. Notes, Variable Rate
280		8.238%, 11/15/12 (5)	268,800
		Fontainebleau Las Vegas Casino, LLC
485		10.25%, 6/15/15 (5)	366,175
		Galaxy Entertainment Finance
200		9.875%, 12/15/12 (5)	206,000
		Galaxy Entertainment Finance, Variable Rate
140		9.829%, 12/15/10 (5)	141,750
		Greektown Holdings, LLC, Sr. Notes
100		10.75%, 12/1/13 (5)	96,000
		Indianapolis Downs, LLC & Capital Corp., Sr. Notes
165		11.00%, 11/1/12 (5)	154,275
		Inn of the Mountain Gods, Sr. Notes
625		12.00%, 11/15/10	625,000
		Majestic Star Casino, LLC
340		9.50%, 10/15/10	305,150
140		12.50%, 10/15/11 (5)	86,450

		MGM Mirage, Inc.
	160	7.50%, 6/1/16	$	154,400
		Mohegan Tribal Gaming Authority
60		6.875%, 2/15/15	54,000
		Mohegan Tribal Gaming Authority, Sr. Sub. Notes
45		8.00%, 4/1/12	44,325
		OED Corp./Diamond Jo, LLC
475		8.75%, 4/15/12	477,969
		Park Place Entertainment
265		7.875%, 3/15/10	250,756
		Pinnacle Entertainment Inc., Sr. Sub. Notes
140		7.50%, 6/15/15 (5)	112,000
		Pokagon Gaming Authority, Sr. Notes
110		10.375%, 6/15/14 (5)	114,262
		San Pasqual Casino
110		8.00%, 9/15/13 (5)	105,050
		Seminole Hard Rock Entertainment, Variable Rate
175		7.491%, 3/15/14 (5)	158,375
		Station Casinos, Inc.
55		7.75%, 8/15/16	48,744
		Station Casinos, Inc., Sr. Notes
95		6.00%, 4/1/12	83,362
		Trump Entertainment Resorts, Inc.
845		8.50%, 6/1/15	612,625
		Tunica-Biloxi Gaming Authority, Sr. Notes
310		9.00%, 11/15/15 (5)	310,000
		Turning Stone Resort Casinos, Sr. Notes
75		9.125%, 9/15/14 (5)	73,500
		Waterford Gaming, LLC, Sr. Notes
348		8.625%, 9/15/14 (5)	339,300
			$	5,710,268
Nonferrous Metals/Minerals — 0.3%
		Aleris International, Inc., Sr. Notes
	100	9.00%, 12/15/14	$	78,500
		Aleris International, Inc., Sr. Sub. Notes
560		10.00%, 12/15/16	396,200
		Alpha Natural Resources, Sr. Notes
135		10.00%, 6/1/12	139,388
		FMG Finance PTY, Ltd.
490		10.625%, 9/1/16 (5)	558,600
		FMG Finance PTY, Ltd., Variable Rate
195		9.124%, 9/1/11 (5)	198,900
			$	1,371,588
Oil and Gas — 1.0%
		Allis-Chalmers Energy, Inc.
	90	8.50%, 3/1/17	$	83,250
		Allis-Chalmers Energy, Inc., Sr. Notes
425		9.00%, 1/15/14	405,875
		Cimarex Energy Co., Sr. Notes
120		7.125%, 5/1/17	117,900
		Clayton Williams Energy, Inc.
160		7.75%, 8/1/13	138,400
		Compton Pet Finance Corp.
360		7.625%, 12/1/13	334,800
		Denbury Resources, Inc., Sr. Sub. Notes
50		7.50%, 12/15/15	50,250
		El Paso Corp., Sr. Notes
225		9.625%, 5/15/12	244,946
		Encore Acquisition Co., Sr. Sub. Notes
155		7.25%, 12/1/17	149,963
		Ocean Rig Norway AS, Sr. Notes
225		8.375%, 7/1/13 (5)	239,625

		OPTI Canada, Inc.
	95	7.875%, 12/15/14 (5)	$	92,625
180		8.25%, 12/15/14 (5)	177,300
		Parker Drilling Co., Sr. Notes
100		9.625%, 10/1/13	106,000
		Petrohawk Energy Corp., Sr. Notes
795		9.125%, 7/15/13	824,813
		Petroplus Finance, Ltd.
315		7.00%, 5/1/17 (5)	287,438
		Plains Exploration & Production Co.
255		7.00%, 3/15/17	243,525
		Quicksilver Resources, Inc.
210		7.125%, 4/1/16	204,750
		SemGroup L.P., Sr. Notes
540		8.75%, 11/15/15 (5)	507,600
		Sesi, LLC, Sr. Notes
60		6.875%, 6/1/14	58,200
		Stewart & Stevenson, LLC, Sr. Notes
400		10.00%, 7/15/14	390,000
		United Refining Co., Sr. Notes
865		10.50%, 8/15/12	877,975
		VeraSun Energy Corp.
105		9.875%, 12/15/12	103,425
			$	5,638,660
Publishing — 0.4%
		CanWest Media, Inc.
	420	8.00%, 9/15/12	$	400,003
		Dex Media West/Finance, Series B
127		9.875%, 8/15/13	129,858
		Harland Clarke Holdings
160		9.50%, 5/15/15	124,000
		Idearc, Inc., Sr. Notes
320		8.00%, 11/15/16	288,000
		MediaNews Group, Inc., Sr. Sub. Notes
100		6.875%, 10/1/13	56,500
		MediMedia USA, Inc., Sr. Sub Notes
170		11.375%, 11/15/14 (5)	175,950
		Nielsen Finance, LLC
175		10.00%, 8/1/14	177,625
		R.H. Donnelley Corp.
580		8.875%, 10/15/17 (5)	494,450
		Reader’s Digest Association, Sr. Sub. Notes
595		9.00%, 2/15/17 (5)	462,613
			$	2,308,999
Radio and Television — 0.1%
		Intelsat Bermuda, Ltd.
	325	9.25%, 6/15/16	$	325,813
		Rainbow National Services, LLC, Sr. Sub. Debs.
145		10.375%, 9/1/14 (5)	154,788
			$	480,601
Rail Industries — 0.1%
		American Railcar Industry
	175	7.50%, 3/1/14	$	158,375
		Kansas City Southern Mexico, Sr. Notes
245		7.625%, 12/1/13	237,650
55		7.375%, 6/1/14 (5)	52,388
			$	448,413
Retailers (Except Food and Drug) — 0.9%
		Amscan Holdings, Inc., Sr. Sub. Notes
	400	8.75%, 5/1/14	$	358,000
		GameStop Corp.
1,255		8.00%, 10/1/12	1,308,338

		Michaels Stores, Inc., Sr. Notes
	250	10.00%, 11/1/14	$	223,750
		Michaels Stores, Inc., Sr. Sub. Notes
325		11.375%, 11/1/16	264,875
		Neiman Marcus Group, Inc.
310		9.00%, 10/15/15	311,550
1,300		10.375%, 10/15/15	1,300,000
		Sally Holdings, LLC, Sr. Notes
90		9.25%, 11/15/14	85,500
200		10.50%, 11/15/16	178,500
		Toys R US Corp.
330		7.375%, 10/15/18	229,350
		Yankee Acquisition Corp., Series B
445		8.50%, 2/15/15	382,700
300		9.75%, 2/15/17	246,000
			$	4,888,563
Steel — 0.1%
		RathGibson, Inc., Sr, Notes
	445	11.25%, 2/15/14	$	440,550
		Ryerson, Inc., Sr. Notes
30		12.00%, 11/1/15 (5)	28,350
		Ryerson, Inc., Sr. Notes, Variable Rate
20		12.574%, 11/1/14 (5)	18,500
		Steel Dynamics, Inc., Sr. Notes
205		7.375%, 11/1/12 (5)	205,513
			$	692,913
Surface Transport — 0.0%
		CEVA Group, PLC, Sr. Notes
	210	10.00%, 9/1/14 (5)	$	199,500
			$	199,500
Telecommunications — 0.6%
		Centennial Cellular Operating Co., LLC, Sr. Notes
	205	10.125%, 6/15/13	$	210,638
		Digicel Group, Ltd., Sr. Notes
275		9.25%, 9/1/12 (5)	280,156
205		8.875%, 1/15/15 (5)	181,425
467		9.125%, 1/15/15 (5)	412,128
		Level 3 Financing, Inc., Sr. Notes
225		9.25%, 11/1/14	194,625
300		8.75%, 2/15/17	244,500
		Qwest Communications International, Inc.
500		7.50%, 2/15/14	497,500
		Qwest Corp., Sr. Notes
140		7.625%, 6/15/15	141,750
		Qwest Corp., Sr. Notes, Variable Rate
925		8.241%, 6/15/13	906,500
		Windstream Corp., Sr. Notes
190		8.125%, 8/1/13	195,700
60		8.625%, 8/1/16	62,400
		Windstream Regatta Holdings, Inc., Sr. Sub. Notes
90		11.00%, 12/1/17 (5)	82,350
			$	3,409,672
Utilities — 0.4%
		AES Corp.
	55	8.00%, 10/15/17	$	56,375
		Dynegy Holdings, Inc.
90		8.375%, 5/1/16	87,975
30		7.75%, 6/1/19	27,450
		Edison Mission Energy
100		7.50%, 6/15/13	102,750
		Energy Future Holdings, Sr. Notes
370		10.875%, 11/1/17 (5)	368,150

		NGC Corp.
	390	7.625%, 10/15/26	$	335,400
		NRG Energy, Inc.
140		7.25%, 2/1/14	136,675
355		7.375%, 1/15/17	344,794
		NRG Energy, Inc., Sr. Notes
120		7.375%, 2/1/16	116,250
		Reliant Energy, Inc., Sr. Notes
20		7.625%, 6/15/14	19,600
		Texas Competitive Electric Holdings Co., LLC, Series A, Sr. Notes
240		10.25%, 11/1/15 (5)	237,000
		Texas Competitive Electric Holdings Co., LLC, Series B, Sr. Notes
195		10.25%, 11/1/15 (5)	192,563
			$	2,024,982
Total Corporate Bonds & Notes (identified cost $63,348,046)			$	59,782,051

Asset Backed Securities — 1.3%

Principal
Amount
(000’s omitted)		Security	Value
$	760	Avalon Capital Ltd. 3, Series 1A, Class D, Variable Rate, 6.98%, 2/24/19 (5) (6)	$	622,283
1,000		Babson Ltd., Series 2005-1A, Class C1, Variable Rate, 6.208%, 4/15/19 (5) (6)	817,391
1,000		Bryant Park CDO Ltd., Series 2005-1A, Class C, Variable Rate, 6.308%, 1/15/19 (5) (6)	822,678
1,000		Carlyle High Yield Partners, Series 2004-6A, Class C, Variable Rate, 7.329%, 8/11/16 (5) (6)	870,522
1,000		Centurion CDO 8 Ltd., Series 2005-8A, Class D, Variable Rate, 10.646%, 3/8/17 (6)	864,543
750		Centurion CDO 9 Ltd., Series 2005-9A, Class Note, 9.35%, 7/17/19	606,186
750		Comstock Funding Ltd., Series 2006-1A, Class D, Variable Rate, 9.30%, 5/30/20 (5) (6)	556,468
1,500		Dryden Leveraged Loan, Series 2004-6A, Class C1, Variable Rate, 5.801%, 7/30/16 (5) (6)	1,287,519
1,000		Schiller Park CLO Ltd., Series 2007-1A, Class D, Variable Rate, 5.081%, 4/25/21 (5) (6)	798,077

Total Asset Backed Securities (identified cost $8,514,732)			$	7,245,667

Common Stocks — 0.1%

Shares		Security	Value
Air Transport — 0.1%
	22,932	Delta Air Lines, Inc. (7)	$	385,946
			$	385,946
Commercial Services — 0.0%
6,211		Environmental Systems Products Holdings, Inc. (4) (7) (8)	$	0
			$	0
Lodging and Casinos — 0.0%
	32,088	Trump Entertainment Resorts, Inc. (7)	$	142,150
			$	142,150
Total Common Stocks (identified cost $1,204,201)			$	528,096

Convertible Bonds — 0.1%

Principal
Amount		Security	Value
Aerospace & Defense — 0.1%
$	310,000	L-3 Communications Corp. (5)	$	391,763

Total Convertible Bonds (identified cost $313,181)			$	391,763

Convertible Preferred Stocks — 0.0%

Shares		Security	Value
	1,007	Chesapeake Energy Corp., 4.50%	$	105,483
484		Crown Castle International Corp., 6.25% (PIK)	27,346
Total Convertible Preferred Stocks (identified cost $120,732)			$	132,829

Preferred Stocks — 0.1%

Shares		Security	Value
	6,211	Environmental Systems Products Holdings Preferred (Series A) (4) (7)	$	491,352
Total Preferred Stocks (identified cost $108,693)			$	491,352

Miscellaneous — 0.0%

Shares		Security	Value
	1,000,000	Delta Air Lines, Escrow Certificate (7)	$	50,000
Total Miscellaneous (identified cost $0)			$	50,000

Closed-End Investment Companies — 2.4%

Shares	Security	Value
43,021	BlackRock Floating Rate Income Strategies Fund II, Inc.	$	664,244
62,341	BlackRock Floating Rate Income Strategies Fund, Inc.	975,637
20,864	BlackRock Global Floating Rate Income Trust Fund	330,277
2,933	First Trust/Four Corners Senior Floating Rate Income Fund	43,526
126,490	First Trust/Four Corners Senior Floating Rate Income Fund II	1,901,145
911,533	ING Prime Rate Trust	5,533,005
98,332	LMP Corporate Loan Fund, Inc.	1,135,734
50,752	Nuveen Floating Rate Income Fund	570,960
8,502	Nuveen Floating Rate Income Opportunity Fund	96,668
23,445	Nuveen Senior Income Fund	167,632
136	PIMCO Floating Rate Income Fund	2,230
1,620	PIMCO Floating Rate Strategy Fund	24,462
292	Pioneer Floating Rate Trust	4,649
268,136	Van Kampen Senior Income Trust	1,804,555
Total Closed-End Investment Companies (identified cost $15,542,362)		$	13,254,724

Short-Term Investments — 1.5%

	Interest
Description	(000’s omitted)	Value
Investment in Cash Management Portfolio, 4.32% (9)	8,214	$	8,213,996
Total Short-Term Investments (identified cost $8,213,996)		$	8,213,996
Total Investments — 172.7% (identified cost $1,014,958,326)		$	942,656,320
Less Unfunded Loan Commitments — (1.2)%		$	(6,426,918	)
Net Investments — 171.5% (identified cost $1,008,531,408)		$	936,229,402
Other Assets, Less Liabilities — 0.8%		$	4,077,057
Auction Preferred Shares Plus Cumulative Unpaid Dividends — (72.3)%		$	(394,474,598	)
Net Assets Applicable to Common Shares— 100.0%		$	545,831,861

DIP	—	Debtor in Possession
PIK	—	Payment In Kind
REIT	—	Real Estate Investment Trust
EUR	—	Euro
GBP	—	British Pound
*		In U.S. dollars unless otherwise indicated.
(1)		Senior floating-rate interests 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, 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)		This Senior Loan will settle after January 31, 2008, at which time the interest rate will be determined.
(3)		Unfunded or partially 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.
(4)		Security valued at fair value using methods determined in good faith by or at the direction of the Trustees.
(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 January 31, 2008, the aggregate value of the securities is $19,915,604 or 3.6% of the Trust’s net assets.
(6)		Variable rate security. The stated interest rate represents the rate in effect at January 31, 2008.
(7)		Non-income producing security.
(8)		Restricted security.
(9)		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 January 31, 2008. Net income allocated from the Investment in Cash Management Portfolio for the fiscal year to date ended January 31, 2008 was $163,125.

A summary of financial instruments at January 31, 2008 is as follows:

Forward Foreign Currency Exchange Contracts

Sales

Settlement			Net Unrealized
Date	Deliver	In Exchange For	Depreciation
2/29/08	Euro 34,747,126	United States Dollar 51,308,301	$	(104,146	)

2/29/08	British Pound Sterling 10,850,781	United States Dollar 21,517,316	(21,764		)
			$	(125,910	)

Credit Default Swaps

Counterparty

Reference
Entity

Buy/Sell

Notional
Amount
(000’s
omitted)

Pay/Receive Annual
Fixed Rate

Termination
Date

Net
Unrealized
Appreciation

Lehman
Brothers, Inc.

Inergy,
L.P.

Buy

2,000

2.20

3/20/2010

53,695

At January 31, 2008, the Trust had sufficient cash and/or securities to cover commitments under these contracts.

The cost and unrealized appreciation (depreciation) of investments of the Trust at January 31, 2008, as determined on a federal income tax basis, were as follows:

Aggregate cost	$	1,015,489,761
Gross unrealized appreciation	$	1,722,574
Gross unrealized depreciation	(74,556,015		)
Net unrealized depreciation	$	(72,833,441	)

The net unrealized appreciation on foreign currency, swaps and forward foreign exchange contracts at January 31, 2008 was $199,733.

Restricted Securities

At January 31, 2008, the Trust owned the following security, which was restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Trust has various registration rights (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.

	Date of
Description	Acquisition	Shares	Cost		Value
Preferred Stocks
Environmental Systems Products Holdings, Inc.	10/25/07	6,211	$	0⁽¹⁾	$	0
Total Restricted Securities			$	0	$	0

(1) Less than $0.50.

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

Date:	March 28, 2008

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

Date:	March 28, 2008

By:	/s/ Barbara E. Campbell
	Barbara E. Campbell
	Treasurer

Date:	March 28, 2008