Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG – Get Free Report)’s stock price passed below its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $10.28 and traded as low as $10.16. Eaton Vance Short Duration Diversified Income Fund shares last traded at $10.18, with a volume of 50,165 shares traded.
Eaton Vance Short Duration Diversified Income Fund Price Performance
The firm’s 50 day moving average price is $10.28 and its 200-day moving average price is $10.63.
Eaton Vance Short Duration Diversified Income Fund Increases Dividend
The firm also recently announced a monthly dividend, which will be paid on Monday, November 30th. Investors of record on Monday, November 16th will be issued a dividend of $0.0713 per share. The ex-dividend date is Monday, November 16th. This is a positive change from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.0711. This represents a $0.86 annualized dividend and a yield of 8.4%.
Institutional Investors Weigh In On Eaton Vance Short Duration Diversified Income Fund
A number of institutional investors and hedge funds have recently modified their holdings of the company. Calamos Advisors LLC lifted its position in Eaton Vance Short Duration Diversified Income Fund by 6.7% during the third quarter. Calamos Advisors LLC now owns 35,695 shares of the company’s stock worth $354,000 after purchasing an additional 2,232 shares during the period. Chicago Partners Investment Group LLC acquired a new stake in Eaton Vance Short Duration Diversified Income Fund during the 3rd quarter worth approximately $620,000. Post Resch Tallon Group Inc. increased its holdings in Eaton Vance Short Duration Diversified Income Fund by 7.4% in the third quarter. Post Resch Tallon Group Inc. now owns 37,163 shares of the company’s stock valued at $369,000 after purchasing an additional 2,556 shares during the period. Baird Financial Group Inc. raised its position in shares of Eaton Vance Short Duration Diversified Income Fund by 9.4% during the second quarter. Baird Financial Group Inc. now owns 11,650 shares of the company’s stock worth $126,000 after acquiring an additional 1,000 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the 2nd quarter worth approximately $109,000.
Eaton Vance Short Duration Diversified Income Fund Company Profile
Eaton Vance Short Duration Diversified Income Fund is a closed-end investment company listed on the New York Stock Exchange under the symbol EVG. The fund seeks to provide current income while maintaining a relatively short duration profile and pursuing capital preservation as a secondary objective. The fund invests in a diversified portfolio of income-producing debt securities and other fixed-income instruments. Its holdings may include investment-grade and below-investment-grade corporate bonds, floating-rate loans, mortgage-backed and asset-backed securities, and debt issued by governments or companies in the United States and other countries.
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