Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) Trading 0.2% Higher – What’s Next?

Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG) traded up 0.2% on Tuesday . The company traded as high as $10.87 and last traded at $10.86. Approximately 38,452 shares traded hands during trading, a decline of 4% from the average daily volume of 40,245 shares. The stock had previously closed at $10.84.

Eaton Vance Short Duration Diversified Income Fund Price Performance

The business has a 50-day moving average price of $11.04 and a 200 day moving average price of $11.11.

Eaton Vance Short Duration Diversified Income Fund Increases Dividend

The business also recently declared a monthly dividend, which will be paid on Wednesday, December 31st. Stockholders of record on Monday, December 15th will be given a $0.0751 dividend. The ex-dividend date of this dividend is Monday, December 15th. This represents a c) annualized dividend and a dividend yield of 8.3%. This is a boost from Eaton Vance Short Duration Diversified Income Fund’s previous monthly dividend of $0.08.

Institutional Trading of Eaton Vance Short Duration Diversified Income Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Guggenheim Capital LLC raised its holdings in Eaton Vance Short Duration Diversified Income Fund by 78.5% in the second quarter. Guggenheim Capital LLC now owns 156,778 shares of the company’s stock worth $1,729,000 after buying an additional 68,924 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in Eaton Vance Short Duration Diversified Income Fund by 4.2% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,466,196 shares of the company’s stock worth $16,143,000 after acquiring an additional 59,355 shares during the last quarter. Shaker Financial Services LLC raised its holdings in Eaton Vance Short Duration Diversified Income Fund by 155.3% in the 2nd quarter. Shaker Financial Services LLC now owns 91,716 shares of the company’s stock worth $1,012,000 after acquiring an additional 55,795 shares during the last quarter. Osaic Holdings Inc. lifted its position in Eaton Vance Short Duration Diversified Income Fund by 28.5% in the 2nd quarter. Osaic Holdings Inc. now owns 99,700 shares of the company’s stock valued at $1,100,000 after acquiring an additional 22,105 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Eaton Vance Short Duration Diversified Income Fund during the 3rd quarter valued at $235,000.

About Eaton Vance Short Duration Diversified Income Fund

The Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) is a non-diversified, closed-end management investment company that seeks to provide current income and capital appreciation by investing primarily in a global portfolio of fixed-income securities. Under normal market conditions, at least 80% of the fund’s assets are allocated to debt obligations, including investment-grade corporate bonds, high-yield instruments and sovereign, mortgage- and asset-backed securities. The fund’s focus on short-duration issues—generally those with maturities of less than five years—aims to mitigate interest rate risk while capturing income opportunities across diverse market segments.

EVG is actively managed by Eaton Vance Management, a subsidiary of Morgan Stanley Wealth Management, utilizing rigorous credit research and sector analysis to identify undervalued and mispriced debt instruments.