Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Shareholders Set to Receive $0.07 Monthly Dividend

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Wednesday, October 14th will be paid a dividend of $0.0668 per share on Monday, October 26th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 9.5%. The ex-dividend date is Wednesday, October 14th. This is a 3.9% decrease from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.0695.

Eaton Vance Limited Duration Income Fund Stock Performance

Shares of NYSEAMERICAN EVV opened at $8.47 on Friday. The firm’s 50-day simple moving average is $8.94 and its 200 day simple moving average is $9.20. Eaton Vance Limited Duration Income Fund has a fifty-two week low of $8.31 and a fifty-two week high of $10.25.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

A number of institutional investors have recently added to or reduced their stakes in the company. Sit Investment Associates Inc. raised its stake in shares of Eaton Vance Limited Duration Income Fund by 0.7% in the 4th quarter. Sit Investment Associates Inc. now owns 6,460,942 shares of the company’s stock worth $64,028,000 after buying an additional 44,239 shares in the last quarter. Chicago Partners Investment Group LLC grew its stake in shares of Eaton Vance Limited Duration Income Fund by 1.3% in the 1st quarter. Chicago Partners Investment Group LLC now owns 1,064,177 shares of the company’s stock worth $10,152,000 after purchasing an additional 13,216 shares during the last quarter. Royal Bank of Canada lifted its stake in Eaton Vance Limited Duration Income Fund by 2.0% during the first quarter. Royal Bank of Canada now owns 995,905 shares of the company’s stock valued at $9,411,000 after purchasing an additional 19,806 shares during the last quarter. Cetera Investment Advisers grew its position in Eaton Vance Limited Duration Income Fund by 15.1% in the first quarter. Cetera Investment Advisers now owns 933,420 shares of the company’s stock worth $8,821,000 after buying an additional 122,470 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its position in shares of Eaton Vance Limited Duration Income Fund by 2.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 520,780 shares of the company’s stock valued at $4,921,000 after acquiring an additional 11,313 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund (NYSE American: EVV) is a closed-end investment fund managed by Eaton Vance Management. The fund seeks to provide a high level of current income while maintaining a portfolio with limited interest-rate duration, which can help reduce sensitivity to changes in interest rates compared with longer-duration fixed-income investments.

The fund invests primarily in a diversified portfolio of income-producing debt securities. Its investments may include corporate bonds, below-investment-grade securities, mortgage-backed securities, asset-backed securities, government and sovereign debt, and other fixed-income instruments.