Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Shares Down 0.2% – What’s Next?

Shares of Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) were down 0.2% on Tuesday . The company traded as low as $10.89 and last traded at $10.93. Approximately 32,105 shares changed hands during trading, a decline of 31% from the average daily volume of 46,586 shares. The stock had previously closed at $10.95.

Eaton Vance Short Duration Diversified Income Fund Trading Down 0.2%

The company has a fifty day moving average price of $10.97 and a 200 day moving average price of $11.10.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be paid a $0.0751 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 8.2%. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08. The ex-dividend date of this dividend is Tuesday, February 17th.

Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Kestra Advisory Services LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund during the 4th quarter valued at about $103,000. Raymond James Financial Inc. bought a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the second quarter valued at approximately $177,000. Root Financial Partners LLC purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the third quarter valued at approximately $235,000. International Assets Investment Management LLC purchased a new position in shares of Eaton Vance Short Duration Diversified Income Fund during the fourth quarter valued at approximately $259,000. Finally, Envestnet Asset Management Inc. grew its holdings in Eaton Vance Short Duration Diversified Income Fund by 24.2% during the second quarter. Envestnet Asset Management Inc. now owns 25,324 shares of the company’s stock worth $279,000 after buying an additional 4,942 shares in the last quarter.

Eaton Vance Short Duration Diversified Income Fund Company Profile

The Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a non-diversified, closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in a global portfolio of fixed-income securities. Under normal market conditions, at least 80% of the fund’s assets are allocated to debt obligations, including investment-grade corporate bonds, high-yield instruments and sovereign, mortgage- and asset-backed securities. The fund’s focus on short-duration issues—generally those with maturities of less than five years—aims to mitigate interest rate risk while capturing income opportunities across diverse market segments.

EVG is actively managed by Eaton Vance Management, a subsidiary of Morgan Stanley Wealth Management, utilizing rigorous credit research and sector analysis to identify undervalued and mispriced debt instruments.