Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) to Issue $0.07 Monthly Dividend

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) declared a monthly dividend on Wednesday, November 1st, NASDAQ reports. Stockholders of record on Wednesday, November 22nd will be given a dividend of 0.0744 per share on Thursday, November 30th. This represents a $0.89 dividend on an annualized basis and a dividend yield of 8.82%. The ex-dividend date is Tuesday, November 21st.

Eaton Vance Short Duration Diversified Income Fund has increased its dividend by an average of 10.3% annually over the last three years.

Eaton Vance Short Duration Diversified Income Fund Price Performance

NYSE:EVG opened at $10.12 on Friday. The stock’s 50 day simple moving average is $10.09 and its 200-day simple moving average is $9.94. Eaton Vance Short Duration Diversified Income Fund has a 12-month low of $9.13 and a 12-month high of $11.12.

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of EVG. Money Concepts Capital Corp acquired a new position in shares of Eaton Vance Short Duration Diversified Income Fund in the fourth quarter valued at approximately $46,000. JPMorgan Chase & Co. boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 825.3% in the first quarter. JPMorgan Chase & Co. now owns 5,200 shares of the company’s stock valued at $54,000 after buying an additional 4,638 shares in the last quarter. UBS Group AG boosted its stake in shares of Eaton Vance Short Duration Diversified Income Fund by 313.6% in the third quarter. UBS Group AG now owns 8,153 shares of the company’s stock valued at $80,000 after buying an additional 6,182 shares in the last quarter. Cetera Advisor Networks LLC purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the fourth quarter valued at approximately $107,000. Finally, Envestnet Asset Management Inc. purchased a new stake in shares of Eaton Vance Short Duration Diversified Income Fund in the third quarter valued at approximately $108,000.

About Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, bank deposits denominated in foreign currencies, debt obligations of foreign governmental and corporate issuers, and mortgage-backed securities.