Eaton Vance Ltd Duration Income Fund (NYSEAMERICAN:EVV) was the recipient of a significant growth in short interest in September. As of September 14th, there was short interest totalling 61,700 shares, a growth of 154.4% from the August 31st total of 24,249 shares. Based on an average daily volume of 199,358 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the shares of the stock are sold short.

In related news, major shareholder Stanley Morgan sold 557 shares of the business’s stock in a transaction that occurred on Wednesday, September 19th. The stock was sold at an average price of $23,000.00, for a total transaction of $12,811,000.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

A number of large investors have recently modified their holdings of EVV. Chicago Partners Investment Group LLC lifted its stake in shares of Eaton Vance Ltd Duration Income Fund by 4.6% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 750,164 shares of the company’s stock valued at $9,437,000 after purchasing an additional 32,881 shares during the last quarter. Millennium Management LLC lifted its stake in shares of Eaton Vance Ltd Duration Income Fund by 198.5% in the 2nd quarter. Millennium Management LLC now owns 41,912 shares of the company’s stock valued at $527,000 after purchasing an additional 27,872 shares during the last quarter. Saba Capital Management L.P. lifted its stake in shares of Eaton Vance Ltd Duration Income Fund by 70.9% in the 2nd quarter. Saba Capital Management L.P. now owns 2,245,455 shares of the company’s stock valued at $28,248,000 after purchasing an additional 931,863 shares during the last quarter. Cahill Financial Advisors Inc. lifted its stake in shares of Eaton Vance Ltd Duration Income Fund by 18.5% in the 2nd quarter. Cahill Financial Advisors Inc. now owns 66,992 shares of the company’s stock valued at $843,000 after purchasing an additional 10,460 shares during the last quarter. Finally, Vident Investment Advisory LLC lifted its stake in shares of Eaton Vance Ltd Duration Income Fund by 2.9% in the 2nd quarter. Vident Investment Advisory LLC now owns 632,258 shares of the company’s stock valued at $7,954,000 after purchasing an additional 17,976 shares during the last quarter.

NYSEAMERICAN:EVV traded up $0.03 during trading hours on Tuesday, hitting $12.74. The company had a trading volume of 225,373 shares, compared to its average volume of 300,040. Eaton Vance Ltd Duration Income Fund has a 1 year low of $12.47 and a 1 year high of $14.10.

The business also recently announced a monthly dividend, which was paid on Friday, September 21st. Shareholders of record on Friday, September 14th were issued a $0.067 dividend. This represents a $0.80 annualized dividend and a yield of 6.31%. The ex-dividend date of this dividend was Thursday, September 13th.

Eaton Vance Ltd Duration Income Fund Company Profile

Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.

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