Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) to Issue Monthly Dividend of $0.07

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) declared a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be given a dividend of $0.0711 per share on Friday, October 30th. This represents a $0.85 dividend on an annualized basis and a yield of 8.6%. The ex-dividend date of this dividend is Thursday, October 15th. This is a 2.6% decrease from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.0730.

Eaton Vance Short Duration Diversified Income Fund Price Performance

Shares of NYSE:EVG opened at $9.95 on Friday. Eaton Vance Short Duration Diversified Income Fund has a one year low of $9.77 and a one year high of $11.34. The firm has a 50 day simple moving average of $10.47 and a 200 day simple moving average of $10.63.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of EVG. CoreCap Advisors LLC grew its position in Eaton Vance Short Duration Diversified Income Fund by 38.9% during the 2nd quarter. CoreCap Advisors LLC now owns 5,000 shares of the company’s stock worth $54,000 after acquiring an additional 1,400 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in Eaton Vance Short Duration Diversified Income Fund in the second quarter valued at about $109,000. Baird Financial Group Inc. raised its position in Eaton Vance Short Duration Diversified Income Fund by 9.4% in the second quarter. Baird Financial Group Inc. now owns 11,650 shares of the company’s stock valued at $126,000 after purchasing an additional 1,000 shares during the last quarter. Arete Wealth Advisors LLC acquired a new stake in shares of Eaton Vance Short Duration Diversified Income Fund during the first quarter valued at about $269,000. Finally, Post Resch Tallon Group Inc. grew its holdings in shares of Eaton Vance Short Duration Diversified Income Fund by 25.0% during the second quarter. Post Resch Tallon Group Inc. now owns 34,607 shares of the company’s stock worth $373,000 after purchasing an additional 6,924 shares during the last quarter.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a closed-end investment fund managed by Eaton Vance Management, an investment-management subsidiary of Morgan Stanley Investment Management. The fund seeks to provide a high level of current income while maintaining a relatively short duration, which is intended to reduce sensitivity to changes in interest rates compared with longer-duration fixed-income portfolios.

The fund invests in a diversified portfolio of income-producing securities.