Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Announces $0.10 Monthly Dividend

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV – Get Rating) declared a monthly dividend on Wednesday, May 4th, Wall Street Journal reports. Stockholders of record on Thursday, May 12th will be paid a dividend of 0.10 per share on Thursday, May 19th. This represents a $1.20 annualized dividend and a dividend yield of 11.01%. The ex-dividend date of this dividend is Wednesday, May 11th.

Eaton Vance Limited Duration Income Fund has raised its dividend by an average of 9.1% per year over the last three years.

EVV opened at $10.90 on Thursday. Eaton Vance Limited Duration Income Fund has a 1 year low of $10.69 and a 1 year high of $13.49.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Thrivent Financial for Lutherans lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 11.7% in the 4th quarter. Thrivent Financial for Lutherans now owns 306,056 shares of the company’s stock valued at $4,009,000 after purchasing an additional 32,000 shares during the period. Stifel Financial Corp lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 53.2% in the 4th quarter. Stifel Financial Corp now owns 247,660 shares of the company’s stock valued at $3,244,000 after purchasing an additional 86,031 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Eaton Vance Limited Duration Income Fund by 15.2% in the 4th quarter. Advisors Asset Management Inc. now owns 228,486 shares of the company’s stock valued at $2,993,000 after purchasing an additional 30,226 shares during the period. Vident Investment Advisory LLC purchased a new position in Eaton Vance Limited Duration Income Fund during the fourth quarter valued at $2,229,000. Finally, Credit Suisse AG purchased a new position in Eaton Vance Limited Duration Income Fund during the fourth quarter valued at $1,769,000.

Eaton Vance Limited Duration Income Fund Company Profile (Get Rating)

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.

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