Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Increases Dividend to $0.07 Per Share

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.074 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Friday, May 15th. This is a 0.8% increase from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.07.

Eaton Vance Short Duration Diversified Income Fund Trading Down 0.1%

Eaton Vance Short Duration Diversified Income Fund stock traded down $0.01 during midday trading on Wednesday, reaching $10.83. 3,312 shares of the company’s stock were exchanged, compared to its average volume of 41,733. Eaton Vance Short Duration Diversified Income Fund has a 52 week low of $10.40 and a 52 week high of $11.45. The stock’s 50-day simple moving average is $10.71 and its 200 day simple moving average is $10.90.

Eaton Vance Short Duration Diversified Income Fund Company Profile

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.