Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Announces Dividend Increase – $0.07 Per Share

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) announced a monthly dividend on Friday, May 1st. Stockholders of record on Thursday, May 14th will be paid a dividend of 0.071 per share on Tuesday, May 26th. This represents a c) dividend on an annualized basis and a dividend yield of 9.1%. The ex-dividend date is Thursday, May 14th. This is a 0.6% increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Limited Duration Income Fund Price Performance

Eaton Vance Limited Duration Income Fund stock opened at $9.40 on Tuesday. The stock’s 50 day moving average price is $9.46 and its 200 day moving average price is $9.79. Eaton Vance Limited Duration Income Fund has a one year low of $8.97 and a one year high of $10.41.

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.