Eaton Vance Limited Duration Income Fund Plans Monthly Dividend of $0.07 (NYSEAMERICAN:EVV)

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) announced a monthly dividend on Monday, January 5th. Investors of record on Wednesday, January 14th will be paid a dividend of 0.0732 per share on Monday, January 26th. This represents a c) annualized dividend and a yield of 8.8%. The ex-dividend date is Wednesday, January 14th.

Eaton Vance Limited Duration Income Fund Trading Up 0.1%

Shares of Eaton Vance Limited Duration Income Fund stock opened at $9.96 on Tuesday. Eaton Vance Limited Duration Income Fund has a 1-year low of $8.81 and a 1-year high of $10.41. The company’s fifty day simple moving average is $10.00 and its 200-day simple moving average is $10.11.

Institutional Trading of Eaton Vance Limited Duration Income Fund

Several hedge funds have recently bought and sold shares of EVV. Oliver Lagore Vanvalin Investment Group bought a new position in shares of Eaton Vance Limited Duration Income Fund in the second quarter worth about $30,000. PNC Financial Services Group Inc. increased its holdings in Eaton Vance Limited Duration Income Fund by 555.6% in the 2nd quarter. PNC Financial Services Group Inc. now owns 3,127 shares of the company’s stock worth $32,000 after acquiring an additional 2,650 shares in the last quarter. Strategic Advocates LLC bought a new stake in Eaton Vance Limited Duration Income Fund during the 3rd quarter worth approximately $32,000. Wolverine Asset Management LLC bought a new stake in Eaton Vance Limited Duration Income Fund during the 3rd quarter worth approximately $42,000. Finally, Allworth Financial LP lifted its holdings in Eaton Vance Limited Duration Income Fund by 47.8% during the second quarter. Allworth Financial LP now owns 4,348 shares of the company’s stock valued at $45,000 after purchasing an additional 1,406 shares in the last quarter.

About Eaton Vance Limited Duration Income Fund

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.