Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Trading Up 1%

Posted by Stacy Sanders on Jul 25th, 2024

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV – Get Free Report)’s stock price traded up 1% during mid-day trading on Tuesday . The stock traded as high as $9.80 and last traded at $9.80. 371,272 shares were traded during mid-day trading, an increase of 13% from the average session volume of 328,423 shares. The stock had previously closed at $9.70.

Eaton Vance Limited Duration Income Fund Stock Performance

Eaton Vance Limited Duration Income Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, July 18th. Investors of record on Thursday, July 11th were given a dividend of $0.0791 per share. The ex-dividend date was Thursday, July 11th. This is an increase from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.08. This represents a $0.95 annualized dividend and a yield of 9.77%.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

Several large investors have recently added to or reduced their stakes in the business. WMG Financial Advisors LLC purchased a new position in shares of Eaton Vance Limited Duration Income Fund in the 4th quarter worth about $113,000. Cornerstone Wealth Group LLC purchased a new position in shares of Eaton Vance Limited Duration Income Fund in the 1st quarter worth about $121,000. Summit Financial LLC purchased a new position in shares of Eaton Vance Limited Duration Income Fund in the 1st quarter worth about $168,000. Riverbridge Partners LLC raised its holdings in shares of Eaton Vance Limited Duration Income Fund by 8.9% in the 1st quarter. Riverbridge Partners LLC now owns 19,009 shares of the company’s stock worth $185,000 after purchasing an additional 1,550 shares during the period. Finally, Verity Asset Management Inc. purchased a new position in shares of Eaton Vance Limited Duration Income Fund in the 4th quarter worth about $189,000.

About Eaton Vance Limited Duration Income Fund

(Get Free Report)

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.