Nicholas S. Di Lorenzo
About Nicholas S. Di Lorenzo
Nicholas S. Di Lorenzo serves as Secretary of Eaton Vance Senior Income Trust (EVF); he was born in 1987 and has held an officer role in the Eaton Vance family of funds since 2022 . He is an officer of 122 registered investment companies managed by Eaton Vance or BMR, with prior experience as an associate (2012–2021) and counsel (2022) at Dechert LLP . Fund proxies state officers hold indefinite terms of office and, given positions with Eaton Vance and ownership of Morgan Stanley stock, benefit indirectly from advisory/administration fees paid by the Fund to Eaton Vance . EVF’s proxies do not disclose officer-specific performance metrics (TSR, revenue or EBITDA growth) tied to compensation; salaries and fees of Fund Trustees and officers employed by Eaton Vance are paid by Eaton Vance under the advisory agreement .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Dechert LLP | Associate | 2012–2021 | Corporate legal training; foundation for fund governance/legal operations |
| Dechert LLP | Counsel | 2022 | Senior legal capacity prior to joining Eaton Vance fund officer ranks |
External Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| None disclosed | — | — | EVF proxy does not list external board or directorships for Di Lorenzo |
Fixed Compensation
EVF does not disclose officer base salary, target bonus, or cash compensation. Compensation for Fund Trustees and officers employed by Eaton Vance is paid by Eaton Vance under the advisory agreement, not by the Fund .
| Component | 2023 | 2024 | 2025 |
|---|---|---|---|
| Base Salary | Not disclosed; paid by Eaton Vance | Not disclosed; paid by Eaton Vance | Not disclosed; paid by Eaton Vance |
| Target Bonus % | Not disclosed | Not disclosed | Not disclosed |
| Actual Bonus Paid | Not disclosed | Not disclosed | Not disclosed |
Performance Compensation
EVF proxies do not disclose stock-based or performance-based awards for officers of the Fund. Officers affiliated with Eaton Vance may benefit indirectly from fund fees due to Morgan Stanley stock ownership, but specific incentive metrics (revenue growth, EBITDA, TSR) and award terms are not provided in EVF filings .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed in EVF proxies for Fund officers | — | — | — | — | — |
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Total Beneficial Ownership (EVF shares) | Not disclosed for officers in EVF proxy; Section 16(a) filings reported as compliant for officers overall (no Di Lorenzo-specific exceptions) |
| Ownership as % of Outstanding | Not disclosed |
| Vested vs Unvested Shares | Not disclosed |
| Options (Exercisable/Unexercisable) | Not disclosed |
| Shares Pledged | Not disclosed |
| Stock Ownership Guidelines | Not disclosed for officers; trustees’ compensation detailed separately |
| Compliance Status | Not disclosed for officers |
Note: EVF proxies indicate officers’ roles are within the Eaton Vance/Morgan Stanley ecosystem and they “will benefit from any advisory and/or administration fees paid by the Fund to Eaton Vance” due to positions and Morgan Stanley stock ownership, signaling alignment with the adviser rather than direct Fund share ownership disclosures .
Employment Terms
| Term | EVF Disclosure |
|---|---|
| Fund Position | Secretary |
| Officer Since | 2022 |
| Address | One Post Office Square, Boston, MA 02109 |
| Term Length | Indefinite term of office for Fund officers |
| Contract Term/Expiration | Not disclosed (officers serve indefinite terms) |
| Auto-Renewal | Not disclosed |
| Non-Compete/Non-Solicit | Not disclosed |
| Severance Provisions | Not disclosed in EVF filings; salaries/fees for officers employed by Eaton Vance paid by Eaton Vance |
| Change-of-Control | Not disclosed |
| Clawbacks/Gross-ups | Not disclosed |
| Garden Leave/Post-termination Consulting | Not disclosed |
Performance & Track Record
| Category | EVF Proxy Disclosure |
|---|---|
| Stock Performance during Tenure | Not disclosed in EVF proxy; officer compensation not tied to EVF performance in filings |
| Major Achievements/Initiatives | Di Lorenzo serves as signatory for annual meeting notices and proxies (Secretarial function), e.g., Notice of Annual Meeting signed by Nicholas S. Di Lorenzo on Aug 22, 2025 . |
| Failed Projects/Controversies | None disclosed related to Di Lorenzo |
| Awards/Recognition | Not disclosed |
Board Governance (Officer, not Trustee)
- Role: Officer (Secretary), not a Trustee; trustee remuneration is separately disclosed for noninterested Trustees and is not applicable to Di Lorenzo’s officer role .
- Committee memberships/attendance: Not applicable; not a Trustee .
Compensation Structure Analysis
- Officers employed by Eaton Vance receive compensation from Eaton Vance, not the Fund; EVF proxies do not provide cash/equity mix, guarantees, or performance linkages for officers .
- No evidence of award repricing, retention bonuses, or discretionary payouts within EVF filings for officers .
Related Party Transactions
- EVF proxies highlight officers’ affiliation with Eaton Vance and Morgan Stanley stock ownership, implying benefits from Fund-paid advisory/admin fees; no specific related-party transactions tied to Di Lorenzo are disclosed .
Risk Indicators & Red Flags
- Section 16(a) compliance: Proxies note overall compliance for officers; no delinquency cited for Di Lorenzo (exceptions noted for other individuals in certain years) .
- Hedging/Pledging: Not disclosed for officers .
- Legal proceedings/SEC investigations: None disclosed related to Di Lorenzo .
Say-On-Pay & Shareholder Feedback
- EVF is an investment fund; officer compensation is not subject to Fund say-on-pay voting. Trustee remuneration is disclosed separately; no officer pay votes are applicable .
Expertise & Qualifications
| Attribute | Disclosure |
|---|---|
| Education | Not disclosed in EVF proxies |
| Technical Expertise | Legal/governance; prior Dechert associate/counsel roles |
| Industry Experience | Funds/legal; officer across a large number of registered investment companies |
| Financial/Board Qualifications | Secretarial/Legal Officer role; not identified as a Board financial expert (not a Trustee) |
Work History & Career Trajectory
| Employer | Role | Tenure | Notes |
|---|---|---|---|
| Eaton Vance/BMR | Secretary (Fund Officer) | 2022–present | Officer of 122–129 registered investment companies across periods |
| Dechert LLP | Associate; Counsel | 2012–2022 | Progression from associate to counsel prior to Eaton Vance officer role |
Compensation Committee Analysis
- EVF trustee compensation is overseen by the Board’s adopted schedule; Committee composition and charter are disclosed for audit committee but compensation committee details are not applicable to officers of the Fund .
- No use of independent consultants disclosed for officer compensation (as officers are compensated by Eaton Vance, not the Fund) .
Investment Implications
- Alignment: As an officer employed by Eaton Vance, Di Lorenzo’s compensation is paid by the adviser and not linked directly to EVF performance; incentive alignment appears tied to Eaton Vance/Morgan Stanley rather than Fund TSR, reducing direct fund-level pay-for-performance signals .
- Retention risk: Indefinite officer terms and adviser-based employment suggest retention risk is primarily at the Eaton Vance/Morgan Stanley level; EVF proxies disclose no severance or COC terms for Fund officers .
- Trading signals: EVF filings do not disclose officer share ownership, vesting schedules, or pledging; Section 16(a) compliance is clean for officers, limiting insight into insider buying/selling pressure for Di Lorenzo specifically .
- Governance: Di Lorenzo functions as Secretary, ensuring compliance and proxy processes; absence of disclosed compensation metrics or Fund-paid remuneration underscores limited direct impact on EVF economic outcomes from his pay structure .