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

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was up 1% during trading on Tuesday . The company traded as high as $9.80 and last traded at $9.80. Approximately 371,272 shares were traded during trading, an increase of 13% from the average daily volume of 328,423 shares. The stock had previously closed at $9.70.

Eaton Vance Limited Duration Income Fund Trading Up 1.0 %

Eaton Vance Limited Duration Income Fund Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, July 18th. Shareholders of record on Thursday, July 11th were issued a dividend of $0.0791 per share. This is a positive change from Eaton Vance Limited Duration Income Fund’s previous monthly dividend of $0.08. This represents a $0.95 dividend on an annualized basis and a yield of 9.69%. The ex-dividend date of this dividend was Thursday, July 11th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Pin Oak Investment Advisors Inc. grew its holdings in shares of Eaton Vance Limited Duration Income Fund by 16.6% in the fourth quarter. Pin Oak Investment Advisors Inc. now owns 62,428 shares of the company’s stock valued at $598,000 after purchasing an additional 8,905 shares in the last quarter. Riverbridge Partners LLC boosted its stake in Eaton Vance Limited Duration Income Fund by 8.9% during the first quarter. Riverbridge Partners LLC now owns 19,009 shares of the company’s stock worth $185,000 after buying an additional 1,550 shares during the period. Chicago Partners Investment Group LLC boosted its stake in Eaton Vance Limited Duration Income Fund by 4.6% during the first quarter. Chicago Partners Investment Group LLC now owns 843,632 shares of the company’s stock worth $8,015,000 after buying an additional 37,005 shares during the period. Relative Value Partners Group LLC boosted its stake in Eaton Vance Limited Duration Income Fund by 1,931.2% during the fourth quarter. Relative Value Partners Group LLC now owns 727,172 shares of the company’s stock worth $6,966,000 after buying an additional 691,372 shares during the period. Finally, Congress Wealth Management LLC DE boosted its stake in Eaton Vance Limited Duration Income Fund by 131.5% during the fourth quarter. Congress Wealth Management LLC DE now owns 45,770 shares of the company’s stock worth $438,000 after buying an additional 26,000 shares during the period.

About Eaton Vance Limited Duration Income Fund

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.