Eaton Vance Limited Duration Income Fund (EVV) To Go Ex-Dividend on October 14th

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) declared a monthly dividend on Thursday, October 1st. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.0668 per share on Monday, October 26th. This represents a $0.80 annualized dividend and a yield of 9.5%. The ex-dividend date is Wednesday, October 14th. This is a 3.9% decrease from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.0695.

Eaton Vance Limited Duration Income Fund Stock Down 0.5%

Shares of Eaton Vance Limited Duration Income Fund stock opened at $8.43 on Friday. The company has a 50-day simple moving average of $8.93 and a two-hundred day simple moving average of $9.19. Eaton Vance Limited Duration Income Fund has a 52-week low of $8.31 and a 52-week high of $10.23.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

A number of hedge funds have recently added to or reduced their stakes in EVV. NewEdge Advisors LLC lifted its holdings in shares of Eaton Vance Limited Duration Income Fund by 2.4% during the second quarter. NewEdge Advisors LLC now owns 251,894 shares of the company’s stock valued at $2,360,000 after purchasing an additional 5,893 shares in the last quarter. Baird Financial Group Inc. increased its holdings in Eaton Vance Limited Duration Income Fund by 11.5% in the 2nd quarter. Baird Financial Group Inc. now owns 226,485 shares of the company’s stock worth $2,122,000 after buying an additional 23,411 shares in the last quarter. Readystate Asset Management LP bought a new stake in Eaton Vance Limited Duration Income Fund in the 2nd quarter worth about $291,000. Fortitude Advisory Group L.L.C. raised its position in Eaton Vance Limited Duration Income Fund by 5.5% in the 2nd quarter. Fortitude Advisory Group L.L.C. now owns 36,756 shares of the company’s stock worth $344,000 after buying an additional 1,932 shares during the last quarter. Finally, Advisory Solutions Group LLC purchased a new position in Eaton Vance Limited Duration Income Fund in the 2nd quarter worth about $236,000.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund (NYSE American: EVV) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide a high level of current income while maintaining a portfolio with limited interest-rate duration, which can help reduce sensitivity to changes in interest rates compared with longer-duration fixed-income investments.

The fund invests primarily in a diversified portfolio of income-producing debt securities. Its investments may include corporate bonds, below-investment-grade securities, mortgage-backed securities, asset-backed securities, government and sovereign debt, and other fixed-income instruments.