Company: EVF
Filing Date: 2025-05-01
Form Type: 424B3
Source: 0001076598-25-000099
Chunk: 8

Company: Eaton Vance Senior Income Trust
Filing Date: 2025-05-01
Form: 424B3
Chunk 8
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 Adviser and its affiliates manage long and short
portfolios. The simultaneous management of long and short portfolios creates conflicts of interest in portfolio management and trading
in that opposite directional positions may be taken in client accounts, including client accounts managed by the same investment team,
and creates risks such as: (i) the risk that short sale activity could adversely affect the market value of long positions in one or more
portfolios (and vice versa) and (ii) the risks associated with the trading desk receiving opposing orders in the same security simultaneously.
The Adviser and its affiliates have adopted policies and procedures that are reasonably designed to mitigate these conflicts. In certain
circumstances, the Adviser invests on behalf of itself in securities and other instruments that would be appropriate for, held by, or
may fall within the investment guidelines of its clients, including a Fund. At times, the Adviser may give advice or take action for its
own accounts that differs from, conflicts with, or is adverse to advice given or action taken for any client.

From time to time, conflicts also arise due to the
fact that certain securities or instruments may be held in some client accounts, including a Fund, but not in others, or that client accounts
may have different amounts of holdings in certain securities or instruments. In addition, due to differences in the investment strategies
or restrictions among client accounts, the Adviser may take action with respect to one account that differs from the action taken with
respect to another account. In some cases, a client account may compensate the Adviser based on the performance of the securities held
by that account or pay a higher overall fee rate. The existence of such a performance based fee or higher fee rates may create additional
conflicts of interest for the Adviser in the allocation of management time, resources and investment opportunities. The Adviser has adopted several policies and procedures
designed to address these potential conflicts including a code of ethics and policies that govern the Adviser’s trading practices,
including, among other things, the aggregation and allocation of trades among clients, brokerage allocations, cross trades and best execution.

In addition, at times an investment team will give
advice or take action with respect to the investments of one or more clients that is not given or taken with respect to other clients
with similar investment programs, objectives, and strategies. Accordingly, clients with similar strategies will not always hold the same
securities or instruments or achieve the same performance. The Adviser’s investment teams also advise clients with conflicting