Eaton Vance Short Duration Diversified Income Fund Announces Monthly Dividend of $0.07 (NYSE:EVG)

by · The Markets Daily

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVGGet Free Report) declared a monthly dividend on Monday, March 2nd. Stockholders of record on Monday, March 16th will be given a dividend of 0.0747 per share on Tuesday, March 31st. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, March 16th.

Eaton Vance Short Duration Diversified Income Fund Stock Performance

Shares of NYSE:EVG remained flat at $10.81 during mid-day trading on Wednesday. 3,825 shares of the company traded hands, compared to its average volume of 42,757. The firm’s 50-day simple moving average is $10.98 and its 200 day simple moving average is $11.08. Eaton Vance Short Duration Diversified Income Fund has a fifty-two week low of $10.25 and a fifty-two week high of $11.45.

About Eaton Vance Short Duration Diversified Income Fund

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The Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a non-diversified, closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in a global portfolio of fixed-income securities. Under normal market conditions, at least 80% of the fund’s assets are allocated to debt obligations, including investment-grade corporate bonds, high-yield instruments and sovereign, mortgage- and asset-backed securities. The fund’s focus on short-duration issues—generally those with maturities of less than five years—aims to mitigate interest rate risk while capturing income opportunities across diverse market segments.

EVG is actively managed by Eaton Vance Management, a subsidiary of Morgan Stanley Wealth Management, utilizing rigorous credit research and sector analysis to identify undervalued and mispriced debt instruments.

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