Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Announces $0.07 Monthly Dividend

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) announced a monthly dividend on Wednesday, July 1st. Investors of record on Wednesday, July 15th will be paid a dividend of 0.0738 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 8.2%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

Shares of EVG traded up $0.01 during mid-day trading on Thursday, reaching $10.78. 869 shares of the company’s stock traded hands, compared to its average volume of 37,872. The business’s 50-day moving average price is $10.74 and its 200-day moving average price is $10.81. Eaton Vance Short Duration Diversified Income Fund has a 12 month low of $10.40 and a 12 month high of $11.45.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Fiera Capital Corp grew its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 49.2% in the 4th quarter. Fiera Capital Corp now owns 116,330 shares of the company’s stock worth $1,270,000 after purchasing an additional 38,336 shares during the last quarter. Kestra Advisory Services LLC acquired a new stake in Eaton Vance Short Duration Diversified Income Fund during the fourth quarter valued at approximately $103,000. Osaic Holdings Inc. boosted its holdings in Eaton Vance Short Duration Diversified Income Fund by 24.0% during the fourth quarter. Osaic Holdings Inc. now owns 142,927 shares of the company’s stock worth $1,561,000 after buying an additional 27,687 shares in the last quarter. First Trust Advisors LP boosted its holdings in Eaton Vance Short Duration Diversified Income Fund by 3.2% during the third quarter. First Trust Advisors LP now owns 129,037 shares of the company’s stock worth $1,461,000 after buying an additional 3,988 shares in the last quarter. Finally, Cetera Investment Advisers grew its position in Eaton Vance Short Duration Diversified Income Fund by 5.2% in the fourth quarter. Cetera Investment Advisers now owns 82,169 shares of the company’s stock worth $897,000 after buying an additional 4,093 shares during the last quarter.

About Eaton Vance Short Duration Diversified Income Fund

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.