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Stock impact report

EVT: Nice Yield, Candidate For Bear Market Investing [Seeking Alpha]

Eaton Vance Tax Advantaged Dividend Income Fund Common Shares of Beneficial Interest (EVT) 
Company Research Source: Seeking Alpha
EVT employs modest leverage (~18%), maintains a conservative sector allocation, and has a high expense ratio (2.27%, 1.11% ex-interest). Dividend payouts have been stable, but recent performance lags tech-heavy benchmarks; NAV discounts are limited (~8%). I rate EVT a Hold, as its yield and defensive positioning are offset by high fees and lack of compelling valuation. 24K-Production/iStock via Getty Images Eaton Vance Tax-Advantaged Dividend Income Fund ( EVT ) is a good example of an equity fund that structures itself to provide a high yield over time. Its conservative approach limits its growth, and it will probably only serve This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). Show less Read more
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