EVV News and Press, Eaton Vance Limited Duration Income Fund of Beneficial Interest From 04/08/22

PCEF holds 125 closed-end funds chosen with systematic rules. It has suffered significant capital and distribution decay since inception. Inflation and rising rates will likely be an additional drag in the future. Regarding valuation, its aggregate discount is not attractive. ...

Most discount widening in a rising rate cycle occurs before the actual first rate hike by the Federal Reserve. The Fed pivot scared a lot of income investors but it appears that the market is overly hawkish at this point, which could provide nice upside post-March. Discounts of CE...

Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting Of Shareholders On January 13, 2022 PR Newswire BOSTON , Dec. 30, 2021 /PRNewswire/ -- The following notice relates to the combined Annual Meeting of Shareholders of Eaton Vance Limited Durat...

In 2019, EVV boosted its distribution despite the lack of coverage to pay for that increase. They have maintained this same monthly distribution even through the pandemic. With the fund's NAV lower now, it becomes increasingly difficult as its coverage slips below 55%. For f...

Eaton Vance Short Duration Diversified Income Fund and Eaton Vance Limited Duration Income Fund Announce Investment Policy Changes PR Newswire BOSTON , Dec. 22, 2021 /PRNewswire/ -- The Boards of Trustees of Eaton Vance Short Duration Diversified Income Fund (NYS...

With a duration under 2.5 years, the Franklin Limited Duration Income Trust provides some protection against interest rates climbing from here. Along with a review of the FTF, it will be compared to other CEFs that purport to limited their portfolio's duration. It fairs poorly. So...

By now I’m guessing you’ve heard of the FIRE movement—you may even know someone who’s following this “extreme” form of retirement saving. An acronym for “financial independence, retire early,” FIRE advocates look to retire earlier ...

EVG is a fundamentally sound fund with a good credit and interest risk profile. Good track record with a robust 0.44 Sharpe ratio and very short duration (1.4 yrs). Unsupported 9.61% yield from a portfolio that has a 5.73% weighted average coupon. The difference comes from the...

Multisector CEF offering from Eaton Vance yielding ~9%. Very appealing portfolio composition with AAA MBS pools accounting for over 20% of the portfolio. Distribution is not entirely supported by underlying cash flows, with the fund engaging in a yield "marketing gimmick". F...

If you give away more money than you make, eventually you'll be broke. The same applies to closed-end funds, but fund managers and investors have powerful reasons to want to both pay and receive distributions that exceed the fund's ability to pay. Fortunately there are easy ways t...