Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Increases Dividend to $0.07 Per Share

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) declared a monthly dividend on Monday, November 2nd. Investors of record on Friday, November 13th will be paid a dividend of $0.0672 per share on Tuesday, November 24th. This represents a $0.81 annualized dividend and a dividend yield of 9.4%. The ex-dividend date is Friday, November 13th. This is a 0.6% increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.0668.

Eaton Vance Limited Duration Income Fund Price Performance

NYSEAMERICAN:EVV traded up $0.01 during mid-day trading on Tuesday, hitting $8.60. The company’s stock had a trading volume of 864,831 shares, compared to its average volume of 455,074. The business’s fifty day moving average is $8.62 and its two-hundred day moving average is $9.24. Eaton Vance Limited Duration Income Fund has a 1 year low of $8.18 and a 1 year high of $10.21.

Institutional Investors Weigh In On Eaton Vance Limited Duration Income Fund

Hedge funds have recently bought and sold shares of the stock. Chicago Partners Investment Group LLC boosted its stake in shares of Eaton Vance Limited Duration Income Fund by 1.3% in the first quarter. Chicago Partners Investment Group LLC now owns 1,064,177 shares of the company’s stock worth $10,152,000 after acquiring an additional 13,216 shares during the last quarter. Royal Bank of Canada increased its position in shares of 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 worth $9,411,000 after purchasing an additional 19,806 shares in the last quarter. Cetera Investment Advisers raised its stake in Eaton Vance Limited Duration Income Fund by 15.1% in the 1st quarter. Cetera Investment Advisers now owns 933,420 shares of the company’s stock valued at $8,821,000 after purchasing an additional 122,470 shares during the last quarter. Janney Montgomery Scott LLC raised its stake in Eaton Vance Limited Duration Income Fund by 2.2% in the 1st quarter. Janney Montgomery Scott LLC now owns 520,780 shares of the company’s stock valued at $4,921,000 after purchasing an additional 11,313 shares during the last quarter. Finally, Cyndeo Wealth Partners LLC raised its stake in Eaton Vance Limited Duration Income Fund by 4.9% in the 3rd quarter. Cyndeo Wealth Partners LLC now owns 410,237 shares of the company’s stock valued at $3,467,000 after purchasing an additional 19,000 shares during the last quarter.

About Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is a closed-end investment fund traded on the NYSE American under the symbol EVV. The fund seeks to provide a high level of current income while maintaining a portfolio with limited sensitivity to changes in interest rates.

The fund invests primarily in a diversified portfolio of fixed-income securities issued by U.S. and non-U.S. companies and governments. Its investments may include investment-grade and below-investment-grade corporate bonds, floating-rate loans and other floating-rate debt instruments, mortgage- and asset-backed securities, and other income-producing obligations.