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 811-08743
Van Kampen Senior Income Trust
(Exact name of registrant as specified in charter)
1221 Avenue of the Americas, New York, New York 10020
(Address of principal executive offices) (Zip code)
Ronald Robison
1221 Avenue of the Americas, New York, New York 10020
(Name and address of agent for service)
Registrant's telephone number, including area code: 212-762-4000
Date of fiscal year end: 7/31
Date of reporting period: 10/31/06
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Item 1. Schedule of Investments.
The Trust's schedule of investments as of the close of the reporting period
prepared pursuant to Rule 12-12 of Regulation S-X is as follows:
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
VARIABLE RATE** SENIOR LOAN INTERESTS 174.6%
AEROSPACE/DEFENSE 4.6%
$ 17,064 Alion Science and Technology Corp.,
Term Loan ....................................... B3 CCC+ 8.12 to 12/31/07 to $ 17,063,746
10.87% 08/02/09
646 Alion Science and Technology Corp.,
Revolving Credit Agreement ...................... Ba3 B+ 10.00 08/02/09 630,094
1,458 Apptis, Inc.,
Term Loan ....................................... Ba2 B+ 8.57 to 01/05/10 1,470,256
10.50
1,585 ARINC, Inc.,
Term Loan ....................................... Ba3 BB 7.37 03/10/11 1,589,392
998 Atlantic Marine Services,
Term Loan ....................................... B1 B+ 7.94 08/02/13 1,006,228
4,976 DynCorp International, LLC,
Term Loan ....................................... Ba2 BB- 7.69 to 02/11/11 5,007,539
8.31
7,449 IAP Worldwide Services, Inc.,
Term Loan ....................................... Caa1 CCC+ 8.44 to 12/30/12 to 7,430,258
13.44 06/30/13
5,386 ILC Industries, Inc.,
Term Loan ....................................... NR NR 7.87 02/24/12 5,429,145
9,561 K&F Industries, Inc.,
Term Loan ....................................... Ba3 B+ 7.32 11/18/12 9,607,251
2,116 Primus International, Inc.,
Term Loan ....................................... NR NR 7.82 to 06/07/12 2,124,343
3,796 SI International, Inc.,
Term Loan ....................................... Ba3 NR 7.32 to 02/09/11 3,812,843
7.46
3,816 Spirit AeroSystems, Inc.,
Term Loan ....................................... Ba3 BB- 7.57 12/31/11 3,849,875
7.83
3,675 Wesco Aircraft Hardware Corp.,
Term Loan ....................................... Ba3 B+ 7.58 to 09/29/13 to 3,706,298
11.13 03/28/14
8,478 Wyle Laboratories, Inc.,
Term Loan ....................................... NR B- 8.22 to 01/28/11 to 8,561,480
11.97 07/28/11
---------------
71,288,748
---------------
AUTOMOTIVE 7.5%
2,000 Accument Global Technologies, Inc.,
Term Loan ....................................... B2 B+ 8.89 to 08/11/13 2,015,000
8.92
8,174 Accuride Corp.,
Term Loan ....................................... Ba3 B+ 7.44 01/31/12 8,199,179
3,000 Dana Corp.,
Term Loan ....................................... B3 BB- 7.65 04/13/08 3,004,500
14,021 Federal-Mogul Corp.,
Term Loan (c) ................................... NR NR 9.07 12/09/06 14,099,777
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
AUTOMOTIVE (CONTINUED)
15,383 Federal-Mogul Corp.,
Revolving Credit Agreement (c) .................. NR NR 9.07 12/09/06 15,441,199
3,900 Goodyear Tire & Rubber Co.,
Revolving Credit Agreement ...................... Ba1 B 7.07 04/30/10 3,884,158
3,441 Heartland Automotive Holdings, Inc.,
Term Loan ....................................... NR NR 9.10 to 02/27/12 3,475,558
9.13
3,600 Lear Corp.,
Term Loan ....................................... B2 B+ 7.87 to 04/25/12 3,592,876
7.90
10,847 MetoKote Corp.,
Term Loan ....................................... B2 B+ 8.35 to 11/27/11 10,867,523
8.38
5,800 Navistar International Corp.,
Term Loan ....................................... NR BB- 10.32 to 02/22/09 5,882,169
10.37
6,120 Polypore, Inc.,
Term Loan ....................................... Ba3 B 8.32 11/12/11 6,168,003
1,500 Precision Partners, Inc.,
Term Loan ....................................... B2 B+ 8.32 10/27/13 1,473,750
5,985 Sensata Technologies, Inc.,
Term Loan ....................................... Ba3 BB- 7.10 to 04/27/13 5,956,009
7.13
3,818 Tenneco Automotive, Inc.,
Term Loan ....................................... Ba1 BB- 7.40 12/12/10 3,839,670
26,508 TRW Automotive, Inc.,
Term Loan ....................................... Ba1 BB+ 6.75 to 01/10/10 to 26,459,219
7.19 06/30/12
2,324 United Components, Inc.,
Term Loan ....................................... Ba3 BB- 7.70 06/30/12 2,338,924
---------------
116,697,514
---------------
BEVERAGE, FOOD & TOBACCO 11.3%
15,000 Acosta Sales Co., Inc.,
Term Loan ....................................... B1 B- 8.08 07/28/13 15,153,120
7,164 Advantage Sales & Marketing, LLC,
Term Loan ....................................... NR NR 7.37 to 03/29/13 7,144,600
7.48
573 Atkins Nutritionals, Inc.,
Term Loan ....................................... NR NR 17.37 12/31/10 494,137
12,491 Birds Eye Foods, Inc.,
Term Loan ....................................... Ba3 B+ 8.07 06/30/08 12,491,004
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
BEVERAGE, FOOD & TOBACCO (CONTINUED)
1,505 Buffets Holdings, Inc.,
Term Loan ....................................... Ba2 B- 10.75 06/28/09 1,510,677
6,500 Coleman Natural Foods, LLC,
Term Loan ....................................... NR NR 8.43 to 08/22/12 to 6,531,250
12.43 08/22/13
12,328 Commonwealth Brands, Inc.,
Term Loan ....................................... NR NR 7.69 12/22/12 12,427,863
5,000 DCI Cheese Co.,
Term Loan ....................................... NR NR 8.62 08/07/13 5,006,250
19,666 Dole Food Co., Inc.,
Term Loan ....................................... Ba3 B+ 5.24 to 04/12/13 19,543,186
9.25
5,071 Farley's & Sathers Candy Co., Inc.,
Term Loan ....................................... NR NR 8.12 to 06/15/10 to 5,086,427
11.62 03/24/11
5,925 Fresh Start Bakeries, Inc.,
Term Loan ....................................... NR NR 7.88 to 09/29/13 to 5,973,094
11.13 03/29/14
13,562 Le-Nature's, Inc.,
Term Loan (l) ................................... Ba2 NR 9.39 to 03/01/11 13,222,639
9.42
6,596 Luigino's, Inc.,
Term Loan ....................................... B1 B+ 8.38 to 04/02/11 6,652,111
8.44
1,501 Mafco Worldwide Corp.,
Term Loan ....................................... B1 B+ 7.32 to 12/08/11 1,506,583
8.25
8,852 Michael Foods, Inc.,
Term Loan ....................................... Ba3 B+ 7.39 to 11/21/10 8,871,928
7.55
5,842 National Dairy Holdings, LP,
Term Loan ....................................... NR NR 7.32 03/15/12 5,863,507
2,640 National Distributing Co., Inc.,
Term Loan ....................................... NR NR 11.83 06/22/10 2,646,600
2,487 OSI Foods GMBH & Co. KG,
Term Loan ....................................... NR NR 7.12 09/02/11 2,485,062
5,595 OSI Group, LLC,
Term Loan ....................................... NR NR 7.12 09/02/11 5,591,390
3,108 OSI-Holland Finance B.V.,
Term Loan ....................................... NR NR 7.12 09/02/11 3,106,328
7,281 PBM Products, LLC,
Term Loan ....................................... NR NR 8.07 09/29/12 7,348,879
8,348 Pierre Foods, Inc.,
Term Loan ....................................... Ba2 B+ 7.50 06/30/10 8,376,700
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
BEVERAGE, FOOD & TOBACCO (CONTINUED)
5,562 Pinnacle Foods, Inc.,
Term Loan ....................................... Ba3 B+ 7.33 to 11/25/10 5,577,812
7.39
750 Reddy Ice Group, Inc.,
Term Loan ....................................... Ba3 B+ 7.12 08/09/12 750,937
4,988 Sturm Foods, Inc.,
Term Loan ....................................... NR NR 7.63 05/26/11 4,999,969
3,137 Sunny Delight Beverage Co.,
Term Loan ....................................... Caa1 CCC 11.37 to 08/20/10 3,102,434
11.40
3,930 Volume Services America, Inc.,
Term Loan ....................................... B2 NR 8.63 to 10/01/10 3,955,793
9.50
---------------
175,420,280
---------------
BROADCASTING - CABLE 12.2%
3,300 Century Cable Holdings, LLC,
Term Loan (c) ................................... NR NR 10.25 06/30/09 3,229,875
6,600 Cequel Communications, LLC,
Term Loan (b) ................................... B1 B+ 7.62 11/05/13 6,595,875
54,569 Charter Communications Operating, LLC,
Term Loan (b) ................................... B1 B 8.01 04/28/13 55,101,279
14,925 CSC Holdings, Inc.,
Term Loan (b) ................................... Ba2 BB 7.07 to 03/29/13 14,931,000
7.22
9,593 Frontiervision Operating Partners, LP,
Term Loan (c) (j) ............................... NR NR 9.65 to 09/30/05 to 9,494,394
9.78 03/31/06
2,354 Frontiervision Operating Partners, LP,
Revolving Credit Agreement (c) (j) .............. NR NR 9.65 06/30/06 2,328,558
13,373 Hilton Head Communications, LP,
Term Loan (c) ................................... NR NR 9.50 03/31/08 12,988,771
12,760 Hilton Head Communications, LP,
Revolving Credit Agreement (c) .................. NR NR 8.25 09/30/07 12,366,571
2,984 Knology, Inc.,
Term Loan ....................................... Ba3 B 7.87 to 06/29/10 3,000,764
7.88
9,762 MCC Iowa, LLC,
Term Loan ....................................... Ba3 BB- 7.00 to 01/31/15 9,737,049
7.38
2,400 Mediacom Illinois, LLC,
Term Loan ....................................... Ba3 BB- 7.00 to 01/31/15 2,396,678
7.37
57,095 Olympus Cable Holdings, LLC,
Term Loan (c) ................................... NR NR 9.50 to 06/30/10 to 55,753,329
10.25 09/30/10
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
BROADCASTING - CABLE (CONTINUED)
187,924,143
---------------
BROADCASTING - DIVERSIFIED 0.4%
5,985 Cumulus Media, Inc.,
Term Loan ....................................... Ba3 B 7.32 to 06/07/13 6,020,539
7.63
BROADCASTING - RADIO 1.9%
5,959 CMP KC, LLC,
Term Loan ....................................... Caa1 CCC+ 9.31 05/03/11 5,966,012
14,641 CMP Susquehanna Corp.,
Term Loan ....................................... Ba3 B 7.38 to 05/05/13 14,682,257
7.44
1,791 LBI Media, Inc.,
Term Loan ....................................... Ba2 B 6.51 03/31/12 1,773,090
5,664 NextMedia Operating, Inc.,
Term Loan ....................................... B1 B 7.32 to 11/15/12 to 5,676,616
9.82 11/15/13
1,425 Spanish Broadcasting Systems, Inc.,
Term Loan ....................................... B1 B+ 7.12 08/09/11 1,426,580
---------------
29,524,555
---------------
BROADCASTING - TELEVISION 0.4%
2,000 Barrington Broadcasting, LLC,
Term Loan ....................................... Ba3 B 7.65 08/12/13 2,015,626
4,158 HIT Entertainment, Inc.,
Term Loan ....................................... Ba3 B 7.62 03/20/12 4,173,592
---------------
6,189,218
---------------
BUILDINGS & REAL ESTATE 6.9%
2,750 Armstrong World Industries, Inc.,
Term Loan ....................................... Ba2 BB 7.12 10/02/13 2,756,446
6,667 BioMed Realty, LP,
Term Loan ....................................... NR NR 7.57 05/30/10 6,650,000
2,500 California Coastal Communities, Inc.,
Term Loan ....................................... NR NR 8.07 09/15/11 2,503,125
316 Central Parking Corp.,
Term Loan ....................................... Baa3 BB- 7.37 03/31/10 317,328
6,300 Edge-Star Partners,
Term Loan ....................................... NR NR 8.65 to 11/18/07 6,315,750
14.90
20,974 Ginn LA CS Borrower, LLC
Term Loan ....................................... Caa1 BB 8.29 to 06/08/11 to 19,026,086
12.37 06/08/12
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
BUILDINGS & REAL ESTATE (CONTINUED)
1,100 Kyle Acquisition Group, LLC,
Term Loan ....................................... NR NR 8.25 07/20/10 1,100,000
2,200 Lake at Las Vegas Joint Venture, LLC,
Term Loan ....................................... B2 CCC+ 8.10 to 11/01/09 2,112,917
8.25
6,000 Landsource Communities Development, LLC,
Term Loan ....................................... NR NR 7.88 03/31/10 5,896,248
4,800 LNR Property Corp.,
Term Loan ....................................... B2 B+ 8.22 07/12/11 4,823,501
2,388 London Arena & Waterfront Finance, LLC,
Term Loan ....................................... NR NR 8.89 03/08/12 2,408,895
5,000 Macerich Partnership, LP,
Term Loan ....................................... NR NR 6.88 04/25/10 4,990,625
2,627 NewKirk Master, LP,
Term Loan ....................................... Ba2 BB+ 7.07 08/11/08 2,630,662
5,686 NLV Holdings, LLC,
Term Loan ....................................... B2 B+ 8.12 to 05/09/11 to 5,515,905
12.37 05/30/12
3,600 Shea Capital I, LLC,
Term Loan ....................................... NR NR 7.35 10/27/11 3,492,000
2,487 Shea Mountain House, LLC,
Term Loan ....................................... NR NR 7.37 05/11/11 2,425,312
4,500 South Edge, LLC,
Term Loan ....................................... NR NR 7.13 to 10/31/07 to 4,393,125
7.38 10/31/09
3,600 Standard Pacific Corp.,
Term Loan ....................................... NR NR 6.93 05/05/13 3,537,000
5,982 Tamarack Resort, LLC,
Term Loan (b) ................................... NR NR 8.52 to 05/19/11 5,952,090
8.62
12,000 WCI Communities, Inc.,
Term Loan ....................................... NR NR 7.32 12/23/10 11,591,256
9,093 Yellowstone Development, LLC,
Term Loan ....................................... NR NR 7.70 09/30/10 8,967,841
---------------
107,406,112
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
BUSINESS EQUIPMENT & SERVICES 4.8%
12,557 Affiliated Computer Services, Inc.,
Term Loan ....................................... Ba2 B+ 7.39 to 03/20/13 12,592,770
7.40
10,150 AlixPartners, LLP,
Term Loan ....................................... B1 BB- 7.88 10/12/13 10,213,437
2,993 Contec, LLC.,
Term Loan ....................................... NR NR 8.75 06/15/12 2,999,981
4,500 First American Payment Systems, LP,
Term Loan ....................................... NR NR 8.63 10/06/13 4,522,500
2,079 InfoUSA, Inc.,
Term Loan ....................................... Ba2 BB 7.07 02/14/12 2,076,401
4,800 Institutional Shareholders Services, Inc.,
Term Loan ....................................... NR NR 7.82 09/30/11 4,812,000
4,103 Katun Corp.,
Term Loan ....................................... NR BB- 6.21 to 06/30/09 4,102,723
9.57
2,575 ProQuest,
Revolving Credit Agreement ...................... NR NR 7.82 to 01/31/10 2,555,732
8.25
10,709 Sedgewick Claims Management Services, Inc.,
Term Loan ....................................... B1 B+ 7.60 to 01/31/13 10,720,541
7.62
1,000 Quantum Corp.,
Term Loan ....................................... Ba3 B+ 9.44 08/22/12 1,001,250
5,421 Verifone, Inc.,
Term Loan ....................................... B1 BB- 7.24 10/31/13 5,427,911
12,500 VNU, Inc.,
Term Loan (b) ................................... B1 B+ 8.19 08/09/13 12,559,575
---------------
73,584,821
---------------
CHEMICALS, PLASTICS & RUBBER 12.5%
1,113 American Pacific Corp.,
Term Loan ....................................... Ba3 B 9.37 11/30/10 1,115,281
3,900 Basell North America (Netherlands),
Term Loan ....................................... Ba3 B+ 7.60 to 09/07/13 to 3,951,188
8.35 09/07/14
1,778 Becker-Underwood, Inc.,
Term Loan ....................................... NR NR 9.62 to 09/30/11 to 1,766,016
12.37 03/31/12
11,400 Brenntag Holdings GmbH & Co. KG,
Term Loan ....................................... B2 B 8.08 to 01/20/14 to 11,543,352
12.08 07/17/15
2,473 Celanese, AG (Germany),
Term Loan ....................................... Ba3 BB- 7.37 04/06/11 2,489,725
8,333 Ferro Corp.,
Term Loan ....................................... NR B+ 8.57 06/06/12 8,341,150
3,231 Fibervisions Delaware Corp.,
Term Loan ....................................... B1 B 8.87 to 03/31/13 3,206,766
9.00
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
CHEMICALS, PLASTICS & RUBBER (CONTINUED)
6,000 Georgia Gulf Corp.,
Term Loan (b) ................................... Ba2 BB 7.32 10/03/13 6,036,252
23,940 Hexion Specialty Chemicals, Inc.,
Term Loan ....................................... Ba3 B 7.37 to 05/05/13 23,907,944
7.38
50,975 Huntsman International, LLC,
Term Loan (b) ................................... Ba3 BB- 7.07 08/16/12 51,006,722
9,000 Ineos Holdings, Ltd.,
Term Loan ....................................... Ba3 B+ 7.61 to 12/16/13 to 9,119,061
8.11 12/23/14
9,348 INVISTA (Netherlands),
Term Loan ....................................... Ba1 BB 6.87 to 04/30/10 to 9,342,684
6.88 04/29/11
10,149 ISP Chemco, Inc.,
Term Loan ....................................... Ba3 BB- 7.63 02/16/13 10,194,305
14,925 Kraton Polymers, LLC,
Term Loan ....................................... Ba3 B+ 7.38 05/12/13 14,990,297
3,324 Lucite International Group Holdings, Ltd.,
Term Loan ....................................... B1 B+ 8.07 07/07/13 3,351,816
4,000 Lyondell Chemical Co.,
Term Loan ....................................... Ba3 BB- 7.11 08/16/13 4,025,416
713 Nalco Co.,
Term Loan ....................................... Ba2 BB- 7.07 to 11/04/10 715,869
7.30
6,483 PQ Corp.,
Term Loan ....................................... Ba2 B+ 7.38 02/10/12 6,511,642
16,867 Rockwood Specialties Group, Inc.,
Term Loan (b) ................................... Ba2 NR 7.38 12/13/13 16,966,294
4,800 Wellman, Inc.,
Term Loan ....................................... B3 B- 12.24 02/10/10 4,593,000
---------------
193,174,780
---------------
CONSTRUCTION MATERIAL 4.1%
11,910 AXIA, Inc.,
Term Loan ....................................... B2 B 8.62 12/21/12 11,880,225
2,518 Brand Services, Inc.,
Term Loan ....................................... Ba2 B 7.60 to 01/15/12 2,522,859
7.65
1,147 Builders FirstSource, Inc.,
Term Loan ....................................... Ba2 BB- 7.87 to 08/11/11 to 1,146,667
9.66 02/15/12
9,933 Contech Construction Products, Inc.,
Term Loan ....................................... Ba3 B+ 7.35 to 01/31/13 9,985,819
7.38
1,500 Custom Building Products, Inc.,
Term Loan ....................................... NR NR 10.62 04/29/12 1,505,937
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
CONSTRUCTION MATERIAL (CONTINUED)
1,250 Foster Wheeler, LLC,
Term Loan ....................................... Ba1 B+ 5.27 09/13/11 1,254,687
3,246 Gibraltar Industries, Inc.,
Term Loan ....................................... Ba1 BB 7.13 12/08/12 3,243,841
5,985 Interline Brands, Inc.,
Term Loan ....................................... Ba3 BB 7.07 to 06/23/13 5,996,222
7.12
1,194 Nortek, Inc.,
Term Loan ....................................... Ba2 B 7.32 to 08/27/11 1,192,416
9.25
3,422 Panolam Industries International, Inc. (Canada),
Term Loan ....................................... Ba3 B+ 8.12 09/30/12 3,439,093
2,394 Pro-Build Holdings, Inc.,
Term Loan ....................................... Ba3 NR 7.12 06/29/13 2,390,009
5,687 Professional Paint, Inc.,
Term Loan ....................................... NR NR 7.63 to 05/31/12 to 5,702,039
11.38 05/31/13
894 Sensus Metering Systems, Inc.,
Term Loan ....................................... Ba3 B+ 7.37 to 12/17/10 894,166
7.58
2,388 Universal Building Products, Inc.,
Term Loan ....................................... NR NR 8.87 04/28/12 2,399,940
5,913 Werner Holding Co., Inc.,
Term Loan (a) (c) ............................... NR NR 11.25 06/11/09 5,942,162
969 Werner Holding Co., Inc.,
Term Loan (a) (c) (g) ........................... NR NR 11.25 12/11/09 881,892
3,774 Werner Holding Co., Inc.,
Revolving Credit Agreement (a) (c) .............. NR NR 11.25 06/11/08 3,793,160
---------------
64,171,134
---------------
CONTAINERS, PACKAGING & GLASS 4.2%
2,394 Altivity Packaging, LLC,
Term Loan ....................................... Ba3 BB- 7.60 to 06/30/13 2,419,063
7.62
2,683 Anchor Glass Container Corp.,
Term Loan ....................................... NR NR 7.62 to 05/03/13 2,689,638
7.65
1,000 Captive Plastics, Inc.
Term Loan ....................................... NR NR 8.12 08/18/11 1,003,750
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
CONTAINERS, PACKAGING & GLASS (CONTINUED)
1,760 Consolidated Container Co., LLC,
Term Loan ....................................... Ba3 B- 8.63 12/15/08 1,768,297
4,792 Covalence Specialty Materials Corp.,
Term Loan ....................................... Ba3 B+ 7.38 to 05/18/13 to 4,826,509
8.63 08/16/13
1,800 Crown Americas, Inc.,
Term Loan ....................................... Baa3 BB- 7.07 11/15/12 1,805,064
6,005 Graham Packaging Co.,
Term Loan ....................................... B1 B 7.63 to 10/07/11 to 6,041,233
9.69 04/07/12
13,817 Graphic Packaging International Corp.,
Term Loan ....................................... Ba2 B+ 7.75 to 08/08/10 13,993,507
8.14
369 Graphic Packaging International Corp.,
Revolving Credit Agreement ...................... Ba2 B+ 7.32 08/08/09 361,385
10,000 Kranson Industries, Inc.,
Term Loan ....................................... B1 B 8.17 07/31/13 10,056,250
850 Kranson Industries, Inc.,
Revolving Credit Agreement ...................... B1 B 8.07 to 07/31/13 845,750
10.00
4,987 Packaging Dynamics,
Term Loan ....................................... NR BB- 7.37 06/09/13 4,991,655
3,913 Ranpak Corp.,
Term Loan ....................................... NR NR 7.89 12/14/11 3,923,001
6,914 Smurfit-Stone Container Corp.,
Term Loan ....................................... Ba1 B+ 7.63 to 11/01/11 6,965,069
7.69
344 Smurfit-Stone Container Corp.,
Revolving Credit Agreement ...................... Ba1 B+ 9.75 11/01/09 337,754
1,990 Solo Cup, Inc.,
Term Loan ....................................... Caa1 CCC- 11.75 to 03/31/12 2,022,656
13.25
995 Unifrax Corp.,
Term Loan ....................................... Ba3 B 7.63 05/02/13 996,555
---------------
65,047,136
---------------
DIVERSIFIED MANUFACTURING 2.1%
2,332 Arnold Magnectic Technologies Corp.,
Term Loan ....................................... NR NR 9.11 to 03/06/11 to 2,320,760
11.50 03/06/12
4,228 Chart Industries, Inc,
Term Loan ....................................... Ba2 B+ 7.38 to 10/17/12 4,240,798
7.44
4,500 Euramax International, Inc.,
Term Loan ....................................... Caa1 CCC+ 12.37 06/29/13 4,537,480
14,061 Mueller Group, Inc.,
Term Loan ....................................... B1 BB- 7.32 to 10/03/12 14,155,763
7.62
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
DIVERSIFIED MANUFACTURING (CONTINUED)
6,741 X-Rite, Inc.,
Term Loan ....................................... Ba3 B+ 7.65 to 06/30/12 to 6,755,625
10.39 06/30/13
---------------
32,010,426
---------------
ECOLOGICAL 4.8%
20,326 Allied Waste North America, Inc.,
Term Loan (b) ................................... Ba3 BB 7.07 to 01/15/12 20,356,323
7.21
2,500 Casella Waste Systems, Inc.,
Term Loan ....................................... NR NR 7.40 to 04/28/10 2,506,250
7.47
5,029 Duratek, Inc.,
Term Loan ....................................... NR BB 7.64 to 06/07/13 5,074,330
7.77
11,628 Energy Solutions, LLC,
Term Loan ....................................... B2 BB 7.57 to 06/07/11 to 11,732,955
7.77 06/07/13
7,674 Environmental Systems Products Holdings,
Term Loan ....................................... B3 NR 8.82 to 12/12/08 to 7,825,796
15.40 12/12/10
4,115 Great Lakes Dredge & Dock Corp.,
Term Loan ....................................... Ba3 CCC+ 8.22 to 12/22/10 4,130,215
8.62
3,871 LVI Services, Inc.,
Term Loan ....................................... NR NR 8.12 to 11/16/11 3,730,435
8.37
6,400 Synagro Technologies, Inc.,
Term Loan ....................................... NR B+ 7.57 06/21/12 6,401,714
3,000 WasteQuip, Inc.,
Term Loan ....................................... B1 NR 10.82 07/15/12 3,037,500
8,159 Waste Services, Inc.,
Term Loan ....................................... Ba3 B- 8.32 to 03/31/11 8,220,302
10.50
700 Waste Services, Inc.,
Revolving Credit Agreement ...................... Ba3 B- 9.07 04/29/09 689,500
---------------
73,705,320
---------------
EDUCATION & CHILD CARE 1.2%
4,037 Educate Operating Co., LLC,
Term Loan ....................................... Ba3 NR 8.62 03/31/12 4,037,168
10,773 Education Management Corp.,
Term Loan ....................................... B2 B 7.88 06/01/13 10,859,184
3,750 La Petite Academy, Inc.,
Term Loan ....................................... Ba2 B 8.36 to 08/06/12 to 3,785,625
12.61 02/16/13
---------------
18,681,977
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
ELECTRONICS 7.4%
8,379 AMI Semiconductor, Inc.,
Term Loan ....................................... Ba3 BB- 6.82 04/01/12 8,352,580
5,318 Amkor Technology, Inc.,
Term Loan ....................................... B1 B- 9.90 10/27/10 5,505,983
3,682 Audio Visual Services Corp.,
Term Loan ....................................... Ba3 NR 7.87 05/18/11 3,700,483
4,178 Automata, Inc.,
Term Loan (a) (c) (j) ........................... NR NR 7.25 to 02/28/03 to 0
10.75 02/28/04
791 Blackboard, Inc.,
Term Loan ....................................... Ba3 B+ 7.57 02/28/12 796,932
1,500 Deutsche Connector Group,
Term Loan ....................................... NR NR 7.90 to 06/22/14 to 1,516,523
8.40 06/22/15
2,921 DoubleClick, Inc.,
Term Loan ....................................... Ba3 B 6.41 to 07/13/12 2,957,917
9.48
1,119 Eastman Kodak Co.,
Term Loan ....................................... Ba3 B+ 7.57 to 10/18/12 1,122,124
7.66
2,985 Epicor Software Corp.,
Term Loan ....................................... Ba3 B+ 7.78 to 03/30/12 2,998,059
9.15
2,000 GXS Worldwide, Inc.,
Term Loan ....................................... Ba3 B+ 10.38 07/29/11 2,007,500
5,000 Infor Enterprise Solutions Holdings, Inc.
Term Loan ....................................... B1 B 9.12 07/28/12 5,044,790
10,931 ON Semiconductor Corp.,
Term Loan ....................................... B3 B+ 7.62 12/15/11 10,970,598
4,434 Open Solutions, Inc.,
Term Loan ....................................... B3 B- 7.90 to 09/03/11 to 4,522,671
11.90 11/30/11
4,050 Open Text Corp.,
Term Loan ....................................... Ba3 BB- 7.90 10/02/13 4,080,375
15,712 Spectrum Brands, Inc.,
Term Loan ....................................... B1 B- 8.37 to 02/06/12 15,776,212
8.44
600 Stratus Technologies, Inc.,
Term Loan ....................................... B1 B- 8.37 03/29/11 599,250
34,930 Sungard Data Systems, Inc.,
Term Loan (b) ................................... Ba3 B+ 8.00 02/11/13 35,299,460
16 Sungard Data Systems, Inc.,
Revolving Credit Agreement ...................... Ba3 B+ 9.75 08/11/11 15,768
8,666 UGS Corp.,
Term Loan ....................................... Ba2 B+ 7.13 03/31/12 8,668,070
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
ELECTRONICS (CONTINUED)
113,935,295
---------------
ENTERTAINMENT & LEISURE 10.6%
2,955 Alliance Atlantis Communications, Inc.,
Term Loan ....................................... Ba1 BB 6.87 12/20/11 2,958,079
2,978 AMC Entertainment, Inc.,
Term Loan ....................................... Ba3 B+ 7.45 01/26/13 3,004,872
6,000 Bombardier Capital, Inc.,
Term Loan ....................................... B1 B+ 8.13 06/28/13 6,000,000
19,113 Cedar Fair, LP,
Term Loan (b) ................................... Ba3 BB- 7.87 08/30/12 19,317,025
10,916 Fender Musical Instruments Corp., 8.13 to 03/30/12 to
Term Loan ....................................... Caa1 B- 11.38 09/30/12 11,019,949
49,121 Metro-Goldwyn-Mayer Studios, Inc.,
Term Loan ....................................... NR NR 8.62 04/08/12 48,572,294
1,442 Metro-Goldwyn-Mayer Studios, Inc., 7.97 to 04/08/10
Revolving Credit Agreement ...................... NR NR 8.57 1,399,038
4,971 Mets, LP,
Term Loan ....................................... NR NR 7.56 07/25/10 4,983,857
452 Movie Gallery, Inc.,
Term Loan (g) ................................... Caa1 CCC+ 10.37 04/27/10 425,650
5,170 Panavision, Inc., 8.38 to 03/30/11
Term Loan ....................................... Ba3 B 8.40 5,208,775
7,434 Pure Fishing, Inc., 8.37 to 09/30/10 to
Term Loan ....................................... Ba3 B- 11.31 03/31/11 7,371,919
20,548 Regal Cinemas, Inc.,
Term Loan ....................................... Ba2 BB- 7.12 11/10/10 20,542,273
6,549 Six Flags Theme Parks, Inc., 8.48 to 06/30/09
Term Loan ....................................... Ba3 B- 8.62 6,629,464
604 Six Flags Theme Parks, Inc.,
Revolving Credit Agreement ...................... Ba3 B- 8.57 06/30/08 601,042
6,000 Southwest Sports Group, LLC,
Term Loan ....................................... NR NR 7.88 12/22/10 6,001,878
4,140 Tigers Ballpark, LLC,
Term Loan ....................................... NR NR 7.13 08/15/10 4,140,000
10,628 True Temper Sports, Inc., 8.26 to 03/15/11
Term Loan ....................................... Ba2 B 10.25 10,667,564
5,553 Universal City Development Partners, LP, 7.35 to 06/09/11
Term Loan ....................................... Ba1 BB- 7.40 5,577,020
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
ENTERTAINMENT & LEISURE (CONTINUED)
164,420,699
---------------
FARMING & AGRICULTURE 0.7%
995 Nutro Products, Inc.,
Term Loan ....................................... Ba3 B 7.37 04/26/13 997,487
10,444 Wm. Bolthouse Farms, Inc., 7.63 to 12/16/12 to
Term Loan ....................................... B1 B- 10.87 12/16/13 10,498,560
---------------
11,496,047
---------------
FINANCE 2.5%
3,121 DCS Business Services, Inc., 9.57 to 02/04/11 to
Term Loan ....................................... NR NR 11.32 08/04/11 3,113,211
6,332 iPayment, Inc., 7.32 to 05/10/13
Term Loan ....................................... B1 B 7.62 6,332,000
5,955 LPL Holdings, Inc., 7.88 to 06/28/13
Term Loan ....................................... B2 B 8.37 6,030,365
8,575 Outsourcing Solutions, Inc.,
Term Loan ....................................... NR NR 9.82 09/30/10 8,596,930
10,100 Oxford Acquisition III, Ltd,
Term Loan ....................................... Ba2 BB+ 7.69 10/20/14 10,186,799
4,741 Transfirst Holdings, Inc., 7.87 to 08/15/12 to
Term Loan ....................................... B1 B+ 11.62 08/15/13 4,788,205
---------------
39,047,510
---------------
GROCERY 1.0%
11,917 Roundy's Supermarkets, Inc., 8.39 to
Term Loan ....................................... B2 B+ 8.44 11/03/11 12,026,209
2,925 Supervalu, Inc., 6.94 to
Term Loan ....................................... NR NR 7.19 06/02/11 2,917,687
---------------
14,943,896
---------------
HEALTH & BEAUTY 2.4%
5,491 American Safety Razor Co., 7.87 to 07/31/13 to
Term Loan ....................................... B1 B 11.72 01/30/14 5,574,891
5,831 Bare Escentuals Beauty, Inc.,
Term Loan ....................................... B2 B 8.07 02/18/12 5,867,003
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
HEALTH & BEAUTY (CONTINUED)
4,729 CEI Holdings, Inc., 8.94 to 12/03/10 to
Term Loan ....................................... NR NR 13.31 12/03/11 4,715,861
6,590 Marietta Intermediate Holding Corp., 8.65 to 12/17/10 to
Term Loan ....................................... NR NR 15.25 12/17/11 5,677,980
15,589 Prestige Brands Holdings, Inc., 7.66 to 04/06/11
Term Loan ....................................... Ba3 B+ 9.50 15,683,032
---------------
37,518,767
---------------
HEALTHCARE 10.4%
10,000 American Medical Systems, Inc., 7.75 to 07/20/12
Term Loan ....................................... Ba3 BB- 7.81 10,012,500
1,194 Ameripath, Inc.,
Term Loan ....................................... Ba2 BB- 7.39 10/31/12 1,195,940
3,443 AMN Healthcare Services, Inc.,
Term Loan ....................................... Ba2 BB- 7.12 11/02/11 3,455,274
2,687 Angiotech Pharmaceuticals,
Term Loan ....................................... Ba1 BB- 6.82 03/23/13 2,645,784
10,776 Capella Healthcare, Inc., 8.33 to 11/30/12 to
Term Loan ....................................... Caa2 CCC+ 11.37 11/30/13 10,832,830
2,397 Center For Diagnostic Imaging (CDI), 8.83 to 12/31/10
Term Loan ....................................... B1 B 8.87 2,301,021
30,949 Community Health Systems, Inc.,
Term Loan ....................................... Ba3 BB- 7.15 08/19/11 31,001,681
6,073 Concentra Operating Corp., 7.38 to 09/30/11
Term Loan ....................................... Ba2 B+ 7.62 6,107,955
3,485 CRC Health Corp.,
Term Loan ....................................... Ba3 B 7.62 02/06/13 3,489,350
985 Diagnostic Imaging Group, LLC, 9.00 to 05/04/12
Term Loan ....................................... B1 B 10.75 970,225
6,219 FHC Health Systems, Inc., 11.40 to 12/18/09
Term Loan ....................................... Ba3 B 13.40 6,452,509
1,082 Genoa Healthcare Group, LLC, 8.61 to 08/10/12
Term Loan ....................................... Ba3 B 10.50 1,090,288
597 Golden Gate National Senior Care, LLC,
Term Loan ....................................... Ba3 B+ 8.12 03/14/11 601,291
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
HEALTHCARE (CONTINUED)
2,698 Harlan Sprague Dawley, Inc., 7.87 to 12/19/11
Term Loan ....................................... B1 B+ 9.75 2,718,361
43,118 LifePoint Hospitals, Inc.,
Term Loan ....................................... Ba3 BB 6.95 04/15/12 42,977,719
343 Matria Healthcare, Inc., 7.62 to 01/19/12
Term Loan ....................................... Ba3 BB- 7.65 344,168
25,253 Multiplan, Inc., 7.35 to 04/12/13
Term Loan ....................................... B1 B+ 7.85 25,316,074
5,289 Natinoal Renal Institures, Inc., 7.56 to 03/31/13
Term Loan ....................................... NR NR 7.63 5,296,112
3,532 Sterigenics International, Inc.,
Term Loan ....................................... B2 B+ 8.39 06/14/11 3,540,394
600 US Oncology, Inc.,
Term Loan ....................................... Ba3 B+ 7.94 08/20/11 603,000
---------------
160,952,476
---------------
HOME & OFFICE FURNISHINGS, HOUSEWARES & DURABLE
CONSUMER PRODUCTS 1.7%
2,985 Formica Corp., 8.37 to 03/15/13
Term Loan ....................................... B1 B 8.62 2,984,069
5,310 Hunter Fan Co.,
Term Loan ....................................... Ba3 B 7.90 03/24/12 5,297,224
11,100 National Bedding Co.,
Term Loan ....................................... B3 B+ 10.37 08/31/12 11,204,062
6,436 Quality Home Brands Holdings, LLC, 8.07 to 12/20/12 to
Term Loan ....................................... Caa1 CCC+ 11.94 06/20/13 6,477,185
---------------
25,962,540
---------------
HOTELS, MOTELS, INNS & GAMING 6.8%
1,413 Alliance Gaming Corp.,
Term Loan ....................................... NR B- 9.33 09/04/09 1,417,957
9,400 Greektown Casino, LLC,
Term Loan ....................................... Ba3 B 7.89 12/03/12 9,470,500
4,876 Green Valley Ranch Gaming, LLC,
Term Loan (b) ................................... NR NR 7.37 12/17/11 4,884,798
4,137 Herbst Gaming, Inc.,
Term Loan ....................................... Ba1 B+ 7.37 01/31/11 4,143,466
4,683 Interstate Operating Co., LP,
Term Loan ....................................... B2 B 9.88 01/14/08 4,717,852
7,729 Kuilima Resort Co.,
Term Loan ....................................... NR NR 11.82 09/30/11 7,304,185
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
HOTELS, MOTELS, INNS & GAMING (CONTINUED)
600 Pinnacle Entertainment,
Term Loan ....................................... B1 BB- 7.32 12/14/11 602,325
44,256 Planet Hollywood International, Inc., 6.84 to 08/31/10
Term Loan (g) ................................... B2 CCC+ 9.54 43,292,696
1,741 Scientific Games Corp.,
Term Loan ....................................... Baa3 BB 6.57 12/23/09 1,742,883
903 Scientific Games Corp.,
Revolving Credit Agreement ...................... Baa3 BB 7.07 12/23/09 898,485
5,495 Venetian Casino Resorts, LLC,
Term Loan ....................................... Ba2 BB- 7.12 06/15/11 5,514,513
2,890 Venetian Casino Resorts, LLC,
Revolving Credit Agreement ...................... Ba2 BB- 7.12 02/22/10 2,832,513
5,700 Venetian Macau, Ltd., 8.12 05/26/12 to
Term Loan ....................................... B1 BB- 05/26/13 5,744,084
7,707 Wembley, Inc., 7.90 to 08/23/11 to
Term Loan ....................................... Ba3 B- 9.70 07/18/12 7,790,044
4,500 Yonkers Racing Corp.,
Term Loan ....................................... NR NR 8.82 08/12/11 4,561,875
---------------
104,918,176
---------------
INSURANCE 3.6%
4,176 American Wholesale Insurance Group, Inc., 8.60 to 10/27/11 to
Term Loan ....................................... NR B 12.75 04/27/12 4,186,440
5,000 Applied Systems, Inc., 8.10 to 09/26/13
Term Loan ....................................... NR NR 8.18 5,026,565
11,439 ARG Holdings, LLC, 8.38 to 11/30/11 to
Term Loan ....................................... B2 NR 12.63 11/30/12 11,523,171
2,993 Audatex North America, Inc.,
Term Loan ....................................... Ba3 B+ 7.62 04/13/13 3,018,684
3,840 CCC Information Services Group, Inc.,
Term Loan ....................................... NR NR 7.87 02/10/13 3,861,600
7,500 Concord Re, Ltd.,
Term Loan ....................................... Ba2 BB+ 9.63 02/29/12 7,612,500
1,704 Mitchell International, Inc.,
Term Loan ....................................... B1 B+ 7.37 08/15/11 1,710,398
11,286 USI Holdings Corp.,
Term Loan ....................................... B1 BB- 7.69 03/24/11 11,342,490
7,130 Vertafore, Inc., 7.85 to 01/31/12 to
Term Loan ....................................... NR NR 11.46 01/31/13 7,226,888
---------------
55,508,736
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
MACHINERY 1.7%
9,221 Alliance Laundry Holdings, LLC, 7.57 to
Term Loan ....................................... Ba3 B 9.50 01/27/12 9,287,518
3,660 Douglas Dynamics, LLC,
Term Loan ....................................... Ba2 BB- 7.12 12/16/10 3,650,462
1,000 FR X Ohmstede Acquisitions Co.,
Term Loan ....................................... B2 B- 8.50 08/09/13 1,012,500
1,800 Gleason Corp., 7.88 to
Term Loan ....................................... NR NR 8.00 06/30/13 1,813,500
5,999 Goodman Global Holdings, Inc.,
Term Loan ....................................... B2 B+ 7.25 12/23/11 5,996,070
4,000 Stolle Machinery Co., LLC, 7.87 to 09/29/12 to
Term Loan ....................................... Caa1 B 11.37 09/29/13 4,045,625
1,104 United Rentals (North America), Inc.,
Term Loan ....................................... Ba1 BB- 7.32 02/14/11 1,109,112
---------------
26,914,787
---------------
MEDICAL PRODUCTS & SERVICES 2.7%
2,382 Accenllent, Inc.,
Term Loan ....................................... Ba3 BB- 7.40 11/22/12 2,387,955
4,670 AGA Medical Corp., 7.62 to
Term Loan ....................................... B1 B+ 7.72 04/28/13 4,674,439
5,473 Conmed Corp.,
Term Loan ....................................... Ba2 BB- 7.32 04/12/13 5,479,341
18,599 DaVita, Inc., 7.37 to
Term Loan (b) ................................... Ba2 BB- 7.69 10/05/12 18,712,718
2,658 DJ Orthopedics, LLC,
Term Loan ....................................... Ba3 BB- 6.88 04/07/13 2,654,678
3,968 Fresenius Medical Care Holding, Inc., 6.74 to
Term Loan ....................................... NR BB+ 6.78 03/31/13 3,947,967
1,256 Kinetics Concepts, Inc.,
Term Loan ....................................... Ba1 BB 7.12 08/11/10 1,259,481
2,590 VWR International, Inc.,
Term Loan ....................................... Ba3 B+ 7.63 04/07/11 2,596,814
---------------
41,713,393
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
MINING, STEEL, IRON & NON-PRECIOUS METALS 0.7%
4,788 New Enterprise Stone & Lime Co., Inc.,
Term Loan ....................................... NR NR 7.65 to 07/30/10 4,811,648
9.25
6,609 Novelis, Inc.,
Term Loan ....................................... Ba1 BB- 7.72 01/07/12 6,638,736
---------------
11,450,384
---------------
NATURAL RESOURCES 2.6%
4,200 CDX Funding, LLC,
Term Loan ....................................... NR NR 10.62 03/31/13 4,276,999
594 Cheniere LNG Holdings, LLC,
Term Loan ....................................... NR BB 8.12 08/30/12 599,346
5,318 El Paso Corp.,
Term Loan ....................................... Ba3 B+ 8.72 08/01/11 5,360,056
2,382 Key Energy Services Group, Inc.,
Term Loan ....................................... NR NR 9.12 to 06/30/12 2,396,516
9.23
2,530 SemCrude, LP,
Term Loan ....................................... Ba2 NR 7.57 to 03/16/11 2,544,448
7.64
24,369 Targa Resources, Inc.,
Term Loan ....................................... B1 B+ 7.62 to 10/31/07 to 24,411,359
7.65 10/31/12
---------------
39,588,724
---------------
NON-DURABLE CONSUMER PRODUCTS 2.0%
13,175 Aearo Technologies, Inc.,
Term Loan ....................................... Caa1 CCC+ 7.87 to 03/24/13 to 13,346,199
11.87 09/24/13
4,184 Amscan Holdings, Inc.,
Term Loan ....................................... Ba3 B+ 8.30 to 12/23/12 4,217,781
10.25
4,478 Easton-Bell Sports, Inc.,
Term Loan ....................................... Ba3 B+ 7.07 to 03/16/12 4,488,694
9.00
2,640 JohnsonDiversey, Inc.,
Term Loan ....................................... Ba2 B+ 7.97 12/16/11 2,664,479
1,777 Mega Bloks, Inc. (Canada),
Term Loan ....................................... Ba2 BB- 7.19 07/26/12 1,781,944
2,200 Targus Group International, Inc.,
Term Loan ....................................... B3 CCC+ 12.80 05/22/13 1,996,500
2,985 UCG Paper Crafts, Inc.,
Term Loan ....................................... NR NR 8.57 02/17/13 2,992,463
---------------
31,488,060
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
PAPER & FOREST PRODUCTS 4.2%
48,917 Georgia-Pacific Corp.,
Term Loan (b) ................................... Ba2 BB- 7.37 to 12/20/12 to 49,328,271
8.39 12/20/13
772 New Page Corp.,
Term Loan ....................................... Ba3 B 8.32 to 05/02/11 781,813
8.37
9,187 White Birch Paper Co. (Canada),
Term Loan ....................................... Ba3 B+ 8.62 to 04/06/12 to 9,319,534
12.87 04/08/13
5,839 Xerium Technologies, Inc.,
Term Loan ....................................... B1 B+ 7.62 05/18/12 5,832,028
---------------
65,261,646
---------------
PERSONAL & MISCELLANEOUS SERVICES 3.9%
12,245 Affinion Group, Inc.,
Term Loan ....................................... Ba3 B+ 8.07 to 10/17/12 12,327,184
8.18
1,782 Alderwoods Group, Inc.,
Term Loan ....................................... Ba2 BB 7.32 09/29/09 1,784,568
10,169 Coinmach Laundry Corp.,
Term Loan ....................................... B2 B 7.88 to 12/19/12 10,261,925
7.94
15,145 Hertz Corp.,
Term Loan (b) ................................... Ba1 BB 7.60 to 12/21/12 15,275,416
7.73
9,679 Iron Mountain, Inc.,
Term Loan ....................................... Ba2 BB- 7.09 to 04/02/11 9,705,579
7.16
1,795 Omniflight Helicopters, Inc.,
Term Loan ....................................... NR NR 9.07 to 09/30/11 to 1,799,303
11.25 09/30/12
3,884 Stewart Enterprises, Inc.,
Term Loan ....................................... Ba2 BB 7.19 to 11/19/11 3,885,956
7.33
4,534 Weightwatchers.com,
Term Loan ....................................... B1 B- 7.57 to 12/16/10 to 4,562,765
10.36 06/16/11
---------------
59,602,696
---------------
PHARMACEUTICALS 1.5%
3,240 Bradley Pharmaceuticals, Inc.,
Term Loan ....................................... NR NR 9.43 11/14/10 3,276,450
19,752 Warner Chilcott Holding Co.,
Term Loan (b) ................................... B1 B+ 7.87 to 01/18/12 19,871,656
7.97
---------------
23,148,106
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
PRINTING & PUBLISHING 12.4%
2,433 Adams Outdoor Advertising, LP,
Term Loan ....................................... B1 B+ 7.13 to 10/18/12 2,439,839
7.15
6,767 ALM Media Holdings, Inc.,
Term Loan ....................................... B1 B- 7.87 03/05/10 6,773,292
4,950 American Media Operations, Inc.,
Term Loan ....................................... B1 B- 8.37 01/31/13 4,986,610
5,535 American Reprographics Co.,
Term Loan ....................................... Ba2 BB 7.15 to 06/18/09 5,548,642
9.00
1,744 Ascend Media Holdings, LLC,
Term Loan ....................................... NR NR 8.87 01/31/12 1,697,977
2,000 Black Press Group, Ltd.,
Term Loan ....................................... Ba3 B+ 7.47 to 08/02/13 2,015,000
7.50
6,655 Canon Communications, LLC,
Term Loan ....................................... B2 B 8.62 05/31/11 6,671,695
1,874 Caribe Information Investment, Inc.,
Term Loan ....................................... B1 B 7.63 to 03/31/13 1,878,415
7.66
10,881 Cygnus Business Media, Inc.,
Term Loan ....................................... B2 CCC+ 9.87 07/13/09 10,771,942
14,032 Day International Group, Inc.,
Term Loan ....................................... Ba3 B 8.12 to 12/05/12 to 14,208,558
12.87 12/05/13
18,111 Dex Media West, LLC,
Term Loan ....................................... Ba1 BB 6.82 to 03/09/10 18,067,806
6.91
10,885 Endurance Business Media, Inc.,
Term Loan ....................................... Caa1 CCC+ 8.07 to 07/26/13 to 10,950,089
12.57 01/26/14
2,312 FSC Acquisition, LLC,
Term Loan ....................................... B1 B 7.57 to 08/01/12 2,313,352
7.74
6,500 Gatehouse Media, Inc.,
Term Loan ....................................... B1 B+ 7.57 12/06/13 6,516,250
10,161 Haights Cross Communications, LLC,
Term Loan ....................................... B3 B- 8.91 to 08/20/08 10,241,073
9.91
3,664 MC Communications, LLC,
Term Loan ....................................... NR NR 7.97 12/31/10 3,684,334
5,074 MediaNews Group, Inc.,
Term Loan ....................................... Ba2 BB- 6.57 to 12/30/10 to 5,057,968
7.07 08/02/13
9,683 Merrill Communications, LLC,
Term Loan ....................................... B1 B+ 7.57 to 05/15/11 9,719,141
7.62
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
PRINTING & PUBLISHING (CONTINUED)
2,829 Network Communications, Inc.,
Term Loan ....................................... Ba1 B+ 7.87 to 11/30/12 2,842,768
9.75
12,684 New Publications, Inc.,
Term Loan ....................................... NR NR 8.44 to 02/05/13 12,758,098
12.62
10,098 Primedia, Inc.,
Term Loan ....................................... NR NR 7.57 09/30/13 10,070,231
19,085 R.H. Donnelley, Inc.,
Term Loan (b) ................................... Ba1 BB 6.60 to 12/31/09 to 19,028,738
6.90 06/30/11
2,708 Source Media, Inc.,
Term Loan ....................................... B1 NR 7.61 11/08/11 2,723,318
2,203 SGS international, Inc.,
Term Loan ....................................... Ba2 B+ 7.88 to 12/30/11 2,215,744
8.12
3,843 Thomas Nelson Publishers,
Term Loan ....................................... B1 B 7.57 to 06/12/12 3,857,537
7.62
14,969 Yell Group, PLC,
Term Loan (b) ................................... NR NR 7.07 to 04/30/11 to 15,029,836
7.32 02/10/13
---------------
192,068,253
---------------
RESTAURANTS & FOOD SERVICE 2.1%
5,431 Arby's, LLC,
Term Loan ....................................... Ba3 B+ 7.57 to 07/25/12 5,456,344
7.63
6,134 Carrols Corp.,
Term Loan ....................................... Ba3 B+ 7.88 12/31/10 6,162,879
3,304 Denny's Corp.,
Term Loan ....................................... B2 B 8.57 to 09/30/09 to 3,334,446
10.75 09/30/10
2,467 Landry's Restaurants, Inc.,
Term Loan ....................................... Ba1 BB- 7.12 to 12/28/10 2,468,963
7.13
3,409 NPC International, Inc.,
Term Loan ....................................... Ba3 B+ 6.97 to 05/03/13 3,400,568
9.00
6,582 Quiznos, LLC,
Term Loan ....................................... B2 B 7.63 to 05/05/13 to 6,592,188
11.12 11/05/13
2,490 Sagittarius Restaurants, LLC,
Term Loan ....................................... Ba3 B 7.62 03/29/13 2,501,667
2,160 Sonic Corp.,
Term Loan ....................................... Ba3 BB- 7.32 09/14/13 2,168,100
---------------
32,085,155
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
RETAIL - OFFICE PRODUCTS 0.6%
8,544 Buhrmann US, Inc.,
Term Loan ....................................... Ba3 BB- 7.09 to 12/23/10 to 8,567,758
7.22 12/31/10
---------------
RETAIL - OIL & GAS 0.9%
3,662 The Pantry, Inc.,
Term Loan ....................................... Ba3 BB 7.07 01/02/12 3,674,866
10,421 Travelcenters of America, Inc.,
Term Loan ....................................... B1 BB 7.10 to 12/01/11 10,435,902
7.12
---------------
14,110,768
---------------
RETAIL - SPECIALTY 1.8%
15,440 Nebraska Book Co., Inc.,
Term Loan ....................................... B2 B- 7.87 to 03/04/11 15,507,816
7.88
11,102 Visant Holding Corp.,
Term Loan ....................................... Ba2 B+ 7.37 10/04/11 11,168,854
724 Visant Holding Corp.,
Revolving Credit Agreement ...................... Ba2 B+ 9.00 to 10/04/10 717,104
9.25
---------------
27,393,774
---------------
RETAIL - STORES 1.9%
6,000 Csk Auto, Inc.,
Term Loan ....................................... Ba3 B+ 8.38 to 06/29/12 6,093,750
8.44
18,513 Neiman Marcus Group, Inc.,
Term Loan (b) ................................... Ba3 B+ 7.64 to 04/06/13 18,680,438
7.89
1,194 Pep Boys - Manny, Moe & Jack,
Term Loan ....................................... Ba2 B+ 8.32 01/27/11 1,208,925
3,000 Savers, Inc.,
Term Loan ....................................... B1 B 8.16 08/11/12 3,020,625
---------------
29,003,738
---------------
TELECOMMUNICATIONS - EQUIPMENT & SERVICES 0.4%
6,000 Level 3 Communications, Inc.,
Term Loan ....................................... B1 NR 8.40 12/01/11 6,068,747
---------------
TELECOMMUNICATIONS - LOCAL EXCHANGE CARRIERS 1.4%
600 Alaska Communications Systems Group, Inc.,
Term Loan ....................................... B1 B+ 7.12 02/01/12 600,450
2,155 Cincinnati Bell, Inc.,
Term Loan ....................................... Ba2 B+ 6.82 to 08/31/12 2,154,686
7.03
9,800 Fairpoint Communications, Inc.,
Term Loan ....................................... B1 BB- 7.13 02/08/12 9,796,168
4,684 Hawaiian Telecom, Inc.,
Term Loan ....................................... Ba3 B 7.62 04/30/12 to 4,692,896
10/31/12
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
TELECOMMUNICATIONS - LOCAL EXCHANGE CARRIERS (CONTINUED)
1,711 Orius Corp., LLC,
Term Loan (a) (c) (i) ........................... NR NR 12.25 01/23/09 to 356,033
01/23/10
605 Orius Corp., LLC,
Revolving Credit Agreement (c) (i) (j) .......... NR NR 4.00 to 01/31/06 526,284
11.25
1,000 Sorenson Communications, Inc.,
Term Loan ....................................... NR NR 12.39 02/16/14 1,011,667
3,000 Windstream Corp.,
Term Loan (b) ................................... Ba1 BBB- 7.12 07/17/13 3,019,287
---------------
22,157,471
---------------
TELECOMMUNICATIONS - LONG DISTANCE 0.5%
7,477 Time Warner Telecom, Inc.,
Term Loan ....................................... Ba2 B 7.57 01/07/13 7,538,255
---------------
TELECOMMUNICATIONS-WIRELESS 1.4%
1,562 American Cellular Corp.,
Term Loan (b) ................................... Ba3 B+ 7.60 to 08/07/13 1,571,484
7.63
3,519 Cellular South, Inc.,
Term Loan ....................................... NR NR 7.13 to 05/04/11 3,522,539
8.75
11,917 Centennial Cellular, Inc.,
Term Loan ....................................... Ba2 B 7.57 to 02/09/11 12,020,938
7.65
1,796 Cricket Communications, Inc.,
Term Loan ....................................... B1 B 8.12 06/16/13 1,813,904
2,993 Crown Castle Operating Co.,
Term Loan ....................................... B1 BB 7.65 06/01/14 3,007,462
---------------
21,936,327
---------------
TEXTILES & LEATHER 2.0%
10,750 HanesBrands, Inc.,
Term Loan (b) ................................... Ba2 BB- 7.63 to 09/05/13 10,929,868
9.19
7,962 Propex Fabrics, Inc.,
Term Loan ....................................... Ba3 BB- 7.63 07/31/12 7,982,281
4,535 St. John Knits International, Inc.,
Term Loan ....................................... B1 B+ 9.32 03/21/12 4,512,293
6,915 The William Carter Co.,
Term Loan ....................................... Ba3 BB 6.85 to 07/14/12 6,911,777
8.75
---------------
30,336,219
---------------
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
TOBACCO 0.1%
1,342 Alliance One International, Inc.,
Term Loan ....................................... B1 B+ 8.12 to 05/13/08 1,355,665
8.33
TRANSPORTATION - CARGO 0.7% ---------------
4,085 Jacobson Acquisition Co.,
Term Loan ....................................... NR NR 8.60 to 04/07/09 to 4,094,724
10.25 04/07/11
2,119 Kenan Advantage Group, Inc.,
Term Loan ....................................... NR NR 8.37 12/16/11 2,135,881
2,299 Pacer International, Inc.,
Term Loan ....................................... Ba2 BB 6.88 to 06/10/10 2,292,784
6.94
2,896 Quality Distribution, Inc.,
Term Loan ....................................... Ba3 B- 8.32 11/13/09 2,910,678
120 Quality Distribution, Inc.,
Revolving Credit Agreement ...................... Ba3 B- 10.75 11/13/08 119,400
---------------
11,553,467
---------------
TRANSPORTATION - PERSONAL 0.1%
934 Neoplan USA Corp.,
Revolving Credit Agreement (a) (c) (d) (j) ...... NR NR 8.54 06/30/06 873,056
500 US Airways Group, Inc.,
Term Loan ....................................... B2 B 8.87 03/31/11 504,197
---------------
1,377,253
---------------
TRANSPORTATION-RAIL MANUFACTURING 0.6%
6,890 Helm Holding Corp.,
Term Loan ....................................... NR NR 7.57 to 07/08/11 6,911,626
8.00
1,995 Standard Steel, LLC.,
Term Loan ....................................... B2 B+ 8.09 06/30/12 2,012,456
---------------
8,924,082
---------------
UTILITIES 2.4%
1,200 Astoria Generating Co., LP,
Term Loan ....................................... B3 B 7.36 to 02/23/13 to 1,219,750
9.14 08/23/13
1,923 Midwest Generation, LLC,
Term Loan ....................................... Ba2 BB 6.87 to 04/27/11 1,926,281
7.31
5,955 Mirant North America, LLC,
Term Loan ....................................... Ba3 BB- 7.07 01/03/13 5,957,126
Senior Income Trust
Portfolio of Investments
October 31, 2006 (Unaudited)
Bank Loan
Principal Ratings +
Amount --------------- Stated
(000) Borrower Moody's S&P Coupon Maturity * Value
--------- ------------------------------------------------- ------- ------ --------- ------------ ---------------
19,028 NRG Energy, Inc.,
Term Loan (b) ................................... Ba1 BB- 7.37 02/01/13 19,150,857
6,300 Primary Energy Operating, LLC,
Term Loan ....................................... NR NR 8.15 08/24/09 6,320,998
2,595 Reliant Energy Resources Corp.,
Term Loan ....................................... B2 B 7.70 04/30/10 2,598,129
---------------
37,173,141
---------------
TOTAL VARIABLE RATE** SENIOR LOAN INTERESTS 174.6% ......... 2,700,368,714
---------------
Description Value
----------- --------------
NOTES 2.3%
Boise Cascade, LLC ($3,700,000 par, 8.25% coupon, maturing
10/15/12) (h) .............................................. $ 3,755,500
Builders FirstSource, Inc. ($8,700,000 par, 9.66% coupon,
maturing 02/15/12) (h) ..................................... 8,591,250
Compression Polymers Corp. ($2,700,000 par, 12.39% coupon,
maturing 07/01/12) (h) ..................................... 2,767,500
Del Laboratories, Inc. ($5,400,000 par, 10.37% coupon, maturing
11/01/11) (h) .............................................. 5,602,500
Qwest Corp. ($3,500,000 par, 8.64% coupon, maturing
06/15/13) (h) .............................................. 3,788,750
Rogers Wireless Communications, Inc. ($9,000,000 par, 8.52%
coupon, maturing 12/15/10) (Canada) (h) .................... 9,213,750
Verso Paper Holding, LLC ($1,500,000 par, 9.12% coupon,
maturing 08/01/14) (h) (k) ................................. 1,522,500
--------------
TOTAL NOTES ................................................... 35,241,750
--------------
EQUITIES 0.0%
Aladdin Gaming Holdings, LLC (7.84% Ownership Interest,
Acquired 09/30/04, Cost $304,135) (e)(f) ................... 27,103
Comdisco Holding Co., Inc. (134 common shares) (e) ............ 2,325
Comdisco Holding Co., Inc. (63 common shares, Acquired
03/02/05, Cost $32) (e) (f) ................................ 1,093
Environmental Systems Products Holdings, Inc. (3,275 common
shares, Acquired 06/22/04, Cost $0) (e) (f) ................ 101,296
Gentek, Inc. (1,600 common shares, Acquired 09/22/06, Cost $0)
(e) (f) .................................................... 51,840
Gentek, Inc. (Warrants for 2,501 common shares, Acquired
09/22/06, Cost $0) (e) (f) ................................. 107,075
IDT Corp. (22,898 common shares) (e) .......................... 297,445
Neoplan USA Corp. (2,262 preferred shares, Acquired 09/04/03,
Cost $1,074,521) (d) (e) (f) ............................... 0
Neoplan USA Corp. (8,517 common shares, Acquired 09/04/03,
Cost $85) (d) (e) (f) ...................................... 0
Orius Corp. (315,080 common shares, Acquired 02/03/03, Cost $0)
(c)(e) (f) ................................................. 0
Planet Hollywood International, Inc. (Warrants for 89,674
common shares, Acquired 09/03/04 & 07/22/05,
Cost $0) (e) (f) ........................................... 0
Railworks Corp. (Warrants for 865 common shares, Acquired
02/10/03, Cost $0) (e) (f) ................................. 0
Rotech Medical Corp. (48,485 common shares, Acquired 06/12/02,
Cost $193,940) (e) (f) ..................................... 0
Safelite Glass Corp. (421,447 common shares, Acquired 10/20/00,
Cost $1,714,995) (e) (f) ................................... 0
Safelite Realty (28,448 common shares, Acquired 10/26/00,
Cost $0) (e) (f) ........................................... 0
--------------
TOTAL EQUITIES 588,177
--------------
TOTAL LONG-TERM INVESTMENTS 176.9%
(Cost $2,745,402,843) 2,736,198,641
--------------
SHORT-TERM INVESTMENTS 1.9%
REPURCHASE AGREEMENT 0.8%
State Street Bank & Trust Corp. ($12,600,000 par collateralized
by U.S. Government obligations in a pooled cash account,
interest rate of 5.09%, dated 10/31/06, to be sold on
11/01/06 at $12,601,782) (b) 12,600,000
TIME DEPOSIT 1.1%
State Street Bank & Trust Corp. ($17,041,437 par, 4.05% coupon,
dated 10/31/06, to be sold on 11/01/06 at
$17,043,354) (b) 17,041,437
--------------
TOTAL SHORT-TERM INVESTMENTS
(Cost $29,641,437) 29,641,437
--------------
TOTAL INVESTMENTS 178.8%
(Cost $2,775,044,280) 2,765,840,078
BORROWINGS (36.0%) (557,000,000)
PREFERRED SHARES (INCLUDING ACCRUED DISTRIBUTIONS) (45.3%) (700,416,266)
OTHER ASSETS IN EXCESS OF LIABILITIES 2.5% 38,371,518
--------------
NET ASSETS APPLICABLE TO COMMON SHARES 100.0% $1,546,795,330
==============
NR - NOT RATED
Industry percentages are calculated as a percentage of net assets
applicable to common shares.
(a) This Senior Loan interest is non-income producing.
(b) A portion of this security is designated in connection with unfunded
commitments.
(c) This borrower has filed for protection in federal bankruptcy court.
(d) Affiliated company.
(e) Non-income producing security as this stock or warrant currently does not
declare dividends.
(f) Restricted Security. Securities were acquired through the restructuring of
senior loans. These securities are restricted as they are not allowed to be
deposited via the Depository Trust Company. If at a later point in time,
the company wishes to register, the issuer will bear the costs associated
with registration. The aggregate value of restricted securities represents
0.02% of the net assets applicable to common shares of the Trust.
(g) Payment-in-kind security.
(h) Variable rate security. Interest rate shown is that in effect at October
31, 2006.
(i) This borrower is currently in liquidation.
(j) The borrower is in the process of restructuring or amending the terms of
this loan.
(k) 144A securities are those which are exempt from registration under Rule
144A of the Securities Act of 1933, as amended. These securities may only
be resold in transactions exempt from registration which are normally those
transactions with qualified institutional buyers.
(l) Subsequent to October 31, 2006, this borrower has filed for protection in
federal bankruptcy court.
+ Bank Loans rated below Baa by Moody's Investor Service, Inc. or BBB by
Standard & Poor's Group are considered to be below investment grade. Bank
loan ratings are unaudited.
* Senior Loans in the Trust's portfolio generally are subject to mandatory
and/or optional prepayment. Because of these mandatory prepayment
conditions and because there may be significant economic incentives for a
Borrower to prepay, prepayments of Senior Loans in the Trust's portfolio
may occur. As a result, the actual remaining maturity of Senior Loans held
in the Trust's portfolio may be substantially less than the stated
maturities shown. Although the Trust is unable to accurately estimate the
actual remaining maturity of individual Senior Loans, the Trust estimates
that the actual average maturity of the Senior Loans held in its portfolio
will be approximately 18-24 months.
** Senior Loans in which the Trust invests generally pay interest at rates
which are periodically redetermined by reference to a base lending rate
plus a premium. These base lending rates are generally (i) the lending rate
offered by one or more major European banks, such as the London Inter-Bank
Offered Rate ("LIBOR"), (ii) the prime rate offered by one or more major
United States banks and (iii) the certificate of deposit rate. Senior Loans
are generally considered to be restricted in that the Trust ordinarily is
contractually obligated to receive approval from the Agent Bank and/or
Borrower prior to the disposition of a Senior Loan.
SWAP AGREEMENTS OUTSTANDING AS OF OCTOBER 31, 2006:
CREDIT DEFAULT SWAPS
PAY/
RECEIVE NOTIONAL UNREALIZED
BUY/SELL FIXED EXPIRATION AMOUNT APPRECIATION/
COUNTERPARTY REFERENCE ENTITY PROTECTION RATE DATE (000) DEPRECIATION
------------ ---------------- ---------- ------- ---------- -------- -------------
Goldman Standard Pacific
Sachs Credit Corporation
Partners,
L.P. ....... Sell 3.40% 09/20/11 $2,500 $49,215
-------
Item 2. Controls and Procedures.
(a) The Trust's principal executive officer and principal financial officer have
concluded that the Trust's disclosure controls and procedures are sufficient to
ensure that information required to be disclosed by the Trust in this Form N-Q
was recorded, processed, summarized and reported within the time periods
specified in the Securities and Exchange Commission's rules and forms, based
upon such officers' evaluation of these controls and procedures as of a date
within 90 days of the filing date of the report.
(b) There were no changes in the Trust's internal control over financial
reporting that occurred during the registrant's fiscal quarter that has
materially affected, or is reasonably likely to materially affect, the Trust's
internal control over financial reporting.
Item 3. Exhibits.
(a) A certification for the Principal Executive Officer of the registrant is
attached hereto as part of EX-99.cert.
(b) A certification for the Principal Financial Officer of the registrant is
attached hereto as part of EX-99.cert.
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.
(Registrant) Van Kampen Senior Income Trust
By: /s/ Ronald E. Robison
---------------------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: December 19, 2006
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed by the following
persons on behalf of the registrant and in the capacities and on the dates
indicated.
By: /s/ Ronald E. Robison
---------------------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: December 19, 2006
By: /s/ James W. Garrett
---------------------------------
Name: James W. Garrett
Title: Principal Financial Officer
Date: December 19, 2006