Efficient Buy-and-Hold Income Fund: Eaton Vance's ETJ

The article discusses the Eaton Vance ETJ fund, which is an efficient buy-and-hold income fund that has been around for decades. The fund offers a high yield and is often misunderstood as a newer asset type. It is designed for investors seeking stable income and capital preservation, and is suitable for a variety of investment strategies. The fund's conservative approach and long history make it an attractive option for investors looking for a reliable income source.