Eaton Vance Limited Duration Income Fund (EVV) to Distribute Monthly Dividend of $0.07 on August 25th

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Thursday, August 13th will be paid a dividend of 0.0696 per share on Tuesday, August 25th. This represents a c) annualized dividend and a yield of 9.1%. The ex-dividend date of this dividend is Thursday, August 13th.

Eaton Vance Limited Duration Income Fund Stock Up 0.2%

Shares of EVV stock opened at $9.17 on Wednesday. The company has a 50-day simple moving average of $9.26 and a two-hundred day simple moving average of $9.47. Eaton Vance Limited Duration Income Fund has a 52-week low of $8.97 and a 52-week high of $10.41.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

A number of institutional investors have recently made changes to their positions in the business. Kanen Wealth Management LLC raised its position in Eaton Vance Limited Duration Income Fund by 60.2% in the 1st quarter. Kanen Wealth Management LLC now owns 367,219 shares of the company’s stock worth $3,665,000 after purchasing an additional 137,994 shares during the period. Royal Bank of Canada grew its stake in shares of Eaton Vance Limited Duration Income Fund by 3.8% during the first quarter. Royal Bank of Canada now owns 915,612 shares of the company’s stock valued at $9,137,000 after buying an additional 33,839 shares during the last quarter. Jane Street Group LLC increased its holdings in shares of Eaton Vance Limited Duration Income Fund by 92.9% in the first quarter. Jane Street Group LLC now owns 35,811 shares of the company’s stock worth $357,000 after buying an additional 17,246 shares during the period. Baird Financial Group Inc. increased its holdings in shares of Eaton Vance Limited Duration Income Fund by 3.1% in the second quarter. Baird Financial Group Inc. now owns 153,408 shares of the company’s stock worth $1,574,000 after buying an additional 4,544 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 11.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,005,680 shares of the company’s stock valued at $41,100,000 after acquiring an additional 396,370 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-end management investment company listed on the NYSE American exchange under the ticker EVV. The fund seeks to provide shareholders with a high level of current income and preservation of capital by investing primarily in a diversified portfolio of short- to intermediate-term debt securities. Its holdings typically include investment-grade corporate bonds, asset-backed securities and various government-related obligations.

To enhance yield, the fund may employ modest leverage through the issuance of preferred stock and borrowings.