Eaton Vance Short Duration Diversified Income Fund: A Multi-Sector Bond CEF with High Leverage Factor
ByAinvest
Wednesday, Jul 2, 2025 12:03 pm ET1min read
EVG--
Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) has been downgraded from 'Buy' to 'Hold' due to tightening credit spreads. The fund is a multi-sector bond closed-end fund with a high leverage factor. Despite this, it offers a diversified income stream and has historically outperformed its peers. Investors should weigh the potential benefits against the increased risk associated with the fund's leverage factor.
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