EVV News and Press, Eaton Vance Limited Duration Income Fund of Beneficial Interest From 07/05/21

Although global manufacturing output growth ran at one of the fastest rates seen for over a decade in June, capacity constraints continued to develop, reflecting a lack of labour and a record worsening of supplier delivery times. The shortfall of payroll numbers to new orders was espe...

As the first half of 2021 comes to an end, the global economy is recovering strongly from its sharp decline last year caused by the COVID-19 pandemic. Regional economic growth differences during the first half reflect differences in the spread of the pandemic and policy responses to i...

Shares of Eaton Vance Limited Duration Income Fund of Beneficial Interest (NYSE American:EVV) traded today at $13.34, eclipsing its 52-week high. Approximately 239,000 shares have changed hands today, as compared to an average 30-day volume of 422,000 shares. In the past 52 weeks, shares...

MSCI US REIT Index rallied 2.7% in June, which marks an impressive run of eight consecutive monthly increases. The Russell 3000 Index jumped 2.5% in June, the fifth straight monthly advance. Comparing GMI to US stocks and bonds shows that global asset allocation remains competitiv...

With the latest distribution announcement, EVG now yields over 10% - 10.40% to be exact. This move seems to be motivated as a pre-emptive thwarting of activists as the fund has one large and significant holder at over 40%. Though this move should reduce the fund's discount, in thi...

EVV pays a very tempting 9.13% distribution rate to shareholders. The asset mix is attractive; however, be aware of a lack of coverage for that high distribution. Under normal market conditions (where the fund isn't recovering from 2020's crash,) we would anticipate NAV to slowly ...

The global economy has reached an important milestone in the second quarter of 2021, surpassing the pre-pandemic real GDP peak attained in the fourth quarter of 2019. After a 3.5% contraction in 2020, global real GDP is projected to increase 6.0% in 2021, its strongest advance since 1...

IHS Markit's PMI business surveys showed the economic recovery gaining momentum in May as output growth accelerated to the fastest for 15 years. Although growth of new orders accelerated globally in May to reach the highest since 2006, employment growth slowed marginally compared to A...

Diminishing economic uncertainty from COVID-19 should give rise to expectations of a normalisation of monetary and fiscal policy during 2022. Although there has been much discussion on the prospect of rapidly rising inflation, we believe growth risks remain paramount for equity invest...

BTZ is somewhat susceptible to interest rate risks, more so than many of the other fixed-income funds we follow. The reason for this is because they have fairly large exposure to investment-grade bonds. Investment-grade bonds typically have longer maturities, due to their being sa...