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0 0 0.000134366462131057 -0.000761409952075938 -0.000761409952075938 -0.000761409952075938 -0.000761409952075938 -0.00170197518699334
Stock impact report

EVG: Short Duration Losing Appeal And Discount Remains Tight [Seeking Alpha]

Eaton Vance Short Diversified Income Fund Eaton Vance Short Duration Diversified Income Fund Common Shares of Beneficial Interest (EVG) 
Company Research Source: Seeking Alpha
EVG's discount to NAV has narrowed significantly over the years, now near parity, making valuation less attractive compared to historical averages and potentially limiting opportunistic upside. The fund's managed distribution policy has been reduced this year to what appears to be 8% of NAV, improving coverage, but with lower rates, coverage could compress once again. This idea was discussed in more depth with members of my private investing community, CEF/ETF Income Laboratory. Learn More » Pla2na/iStock via Getty Images Written by Nick Ackerman, co-produced by Stanford Chemist Eaton Vance Short Duration Diversified Income Fund ( NYSE: EVG ) is a closed-end fund that provides investors with exposure to a diversified portfolio of fixed-income instruments. As the fund's name would imply, they more specifically More on my IG service At the CEF/ETF Income Laboratory , we manage closed-end fund ( CEF ) and exchange-traded fund (ETF) portfolios targeting safe and reliable ~8 Show less Read more
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