Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Shares Set to Pay Monthly Dividend of $0.07

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) declared a monthly dividend on Thursday, October 1st. Stockholders of record on Thursday, October 15th will be given a dividend of $0.0711 per share on Friday, October 30th. This represents a $0.85 annualized dividend and a dividend yield of 8.6%. The ex-dividend date is Thursday, October 15th. This is a 2.6% decrease from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.0730.

Eaton Vance Short Duration Diversified Income Fund Trading Up 0.3%

Shares of NYSE:EVG opened at $9.95 on Friday. Eaton Vance Short Duration Diversified Income Fund has a 52 week low of $9.77 and a 52 week high of $11.34. The firm’s fifty day moving average is $10.47 and its 200-day moving average is $10.63.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. CoreCap Advisors LLC increased its position in shares of Eaton Vance Short Duration Diversified Income Fund by 38.9% during the second quarter. CoreCap Advisors LLC now owns 5,000 shares of the company’s stock worth $54,000 after buying an additional 1,400 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in Eaton Vance Short Duration Diversified Income Fund in the second quarter valued at $109,000. Baird Financial Group Inc. boosted its position in 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 valued at $126,000 after acquiring an additional 1,000 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in Eaton Vance Short Duration Diversified Income Fund during the first quarter valued at $269,000. Finally, Post Resch Tallon Group Inc. boosted its position in Eaton Vance Short Duration Diversified Income Fund by 25.0% during the second quarter. Post Resch Tallon Group Inc. now owns 34,607 shares of the company’s stock valued at $373,000 after acquiring an additional 6,924 shares during the last quarter.

Eaton Vance Short Duration Diversified Income Fund Company Profile

Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a closed-end investment fund managed by Eaton Vance Management, an investment-management subsidiary of Morgan Stanley Investment Management. The fund seeks to provide a high level of current income while maintaining a relatively short duration, which is intended to reduce sensitivity to changes in interest rates compared with longer-duration fixed-income portfolios.

The fund invests in a diversified portfolio of income-producing securities.