Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) Short Interest Down 8.9% in October

Eaton Vance Limited Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a significant decrease in short interest in the month of October. As of October 31st, there was short interest totalling 257,700 shares, a decrease of 8.9% from the October 15th total of 282,900 shares. Based on an average trading volume of 322,400 shares, the short-interest ratio is presently 0.8 days.

Eaton Vance Limited Duration Income Fund Price Performance

NYSEAMERICAN EVV remained flat at $10.02 during trading on Tuesday. The company’s stock had a trading volume of 118,609 shares, compared to its average volume of 330,671. Eaton Vance Limited Duration Income Fund has a fifty-two week low of $9.03 and a fifty-two week high of $10.55.

Eaton Vance Limited Duration Income Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, November 18th. Investors of record on Monday, November 11th were given a $0.0791 dividend. The ex-dividend date was Friday, November 8th. This represents a $0.95 dividend on an annualized basis and a yield of 9.47%.

Hedge Funds Weigh In On Eaton Vance Limited Duration Income Fund

Several hedge funds have recently added to or reduced their stakes in the company. Aviance Capital Partners LLC raised its stake in shares of Eaton Vance Limited Duration Income Fund by 1.0% during the third quarter. Aviance Capital Partners LLC now owns 133,921 shares of the company’s stock valued at $1,408,000 after acquiring an additional 1,341 shares in the last quarter. Melfa Wealth Management Inc. increased its holdings in shares of Eaton Vance Limited Duration Income Fund by 1.6% in the 2nd quarter. Melfa Wealth Management Inc. now owns 97,194 shares of the company’s stock valued at $947,000 after acquiring an additional 1,548 shares during the period. PFG Investments LLC raised its holdings in Eaton Vance Limited Duration Income Fund by 8.4% in the second quarter. PFG Investments LLC now owns 22,345 shares of the company’s stock worth $218,000 after purchasing an additional 1,738 shares in the last quarter. Concurrent Investment Advisors LLC lifted its position in Eaton Vance Limited Duration Income Fund by 8.1% during the third quarter. Concurrent Investment Advisors LLC now owns 24,499 shares of the company’s stock valued at $257,000 after acquiring an additional 1,835 shares during the last quarter. Finally, Future Financial Wealth Managment LLC grew its stake in Eaton Vance Limited Duration Income Fund by 6.5% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 46,265 shares of the company’s stock worth $486,000 after buying an additional 2,823 shares during the last quarter.

Eaton Vance Limited Duration Income Fund Company Profile

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.