EVT: Instant Income Gratification At A Significant Discount To NAV [Seeking Alpha]
Eaton Vance Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest (EVT)
US:NYSE Investor Relations:
funds.eatonvance.com/tax-advantaged-dividend-income-fund-evt.php
Company Research
Source: Seeking Alpha
It offers an alternative high yield without the tax drag. EVT invests in dividend-paying companies with potential for growth and offers a current dividend yield of 7.8%. Distributions are on a monthly basis. The fund has a majority weighting in the financials sector and uses derivatives to hedge against sectors or enhance returns. The distribution has been mostly return of capital, but this isn't a bad thing as long as the NAV grows over time. Overview When an investor nears the retirement phase of their journey, they tend to start focusing on income generation more than growth and maximizing total return. This makes sense after all since they now depend on the income generated from their portfolio in order to fund their expenses every month. However, a downside of this income focus can often times be the tax drag associated. In order to maximize the income received, these investors frequently flock to asset classes such as Business Development Companies, REITs, High Yield B
Show less
Read more
Impact Snapshot
Event Time:
EVT
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
EVT alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
EVT alerts
High impacting Eaton Vance Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
EVT
Sec Filings
- 5/17/24 - Form 4
- 3/28/24 - Form NPORT-P
- 2/20/24 - Form 424B3
- EVT's page on the SEC website