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home / news releases / EFT - Which Eaton Vance Short Duration Taxable CEFs Will Be Liquidated At NAV?


EFT - Which Eaton Vance Short Duration Taxable CEFs Will Be Liquidated At NAV?

  • Favorite liquidation at NAV exit strategy for excess returns is the Eaton Vance Short Duration Diversified Income Fund (EVG), whose shareholders already voted once in January with an outcome NOT to approve a new advisory agreement.
  • EVG's control shareholder SIT Investment Associates would be avoiding a nearly $50 million windfall for clients' assets to accept a lesser plan than liquidation.
  • Eaton Vance Floating Rate Income Trust (EFT) also looks poised for liquidation at NAV, but the opportunity for excess returns is smaller.
  • Eaton Vance Senior Floating-Rate Fund (EFR) looks like a coin flip whether it will liquidate or be subject only to a 25% tender offer and distribution increase.

For further details see:

Which Eaton Vance Short Duration Taxable CEFs Will Be Liquidated At NAV?
Stock Information

Company Name: Eaton Vance Floating Rate Income Trust of Beneficial Interest
Stock Symbol: EFT
Market: NYSE

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