Eaton Vance EVV: A Diversified Fixed-Income Fund with Monthly Distributions

Eaton Vance Limited Duration Income Fund (EVV) is a multi-sector fixed-income fund offering monthly distributions. The fund provides exposure to a diversified pool of fixed-income investments, including both investment-grade and high-yield bonds. It is designed to provide stable income and preserve capital over the long term. The fund's diversified portfolio and focus on income generation make it an attractive option for investors seeking stable returns in a fixed-income context.

The Eaton Vance Limited Duration Income Fund (EVV) is a multi-sector fixed-income fund designed to provide stable income and preserve capital over the long term. The fund offers monthly distributions and provides exposure to a diversified pool of fixed-income investments, including both investment-grade and high-yield bonds [1].

EVV is managed by the Broad Markets Fixed Income team at Eaton Vance, which employs a multi-sector, top-down/bottom-up investment approach. The fund's portfolio includes U.S. government securities, corporate bonds, mortgage- and asset-backed securities, and other fixed-income securities. The fund seeks to maintain an average duration of approximately three years or less, making it suitable for investors seeking income generation with moderate interest rate risk [1].

The fund's current SEC 30-day yield, which reflects the income generated by the portfolio's underlying assets over the trailing 30 days relative to the asset base, is currently [X]% [1]. The yield may vary based on market conditions and the fund's distribution policy. The fund's net expense ratio is [Y]%, which is lower than the gross expense ratio due to current fee waivers [1].

Investors should be aware of the risks associated with fixed-income securities, including credit risk, interest-rate risk, and market risk. The fund's holdings may be subject to early prepayment risk and a higher risk of default, particularly for mortgage and asset-backed securities. Additionally, the fund may engage in active and frequent trading, which could result in high brokerage costs and increased taxable capital gains distributions [1].

In summary, Eaton Vance Limited Duration Income Fund (EVV) offers a diversified portfolio of fixed-income investments with a focus on income generation and capital preservation. Investors seeking stable returns in a fixed-income context may find EVV to be an attractive option, given its diversified portfolio and monthly distribution policy.

References:
[1] https://www.morganstanley.com/im/en-us/financial-advisor/product-and-performance/etfs/fixed-income/eaton-vance-short-duration-income-etf.html