Eaton Vance Short Duration Diversified Income Fund (EVG)
Eaton Vance Short Duration Diversified Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $10.75, up 0.75% on the session, giving a market capitalisation of $144.7M. On trailing twelve-month figures it carries a trailing P/E of 10.44, a net margin of 114.3%. Its beta of 0.43 implies it has historically moved less than the broad market.
Managed by Eaton Vance Management, this closed-end mutual fund focuses on diversified fixed-income opportunities. It primarily allocates capital within the U.S. fixed income market, constructing its portfolio with a focus on senior, secured floating-rate loans, foreign-currency denominated bank deposits, debt obligations from international governments and corporations, and mortgage-backed securities. The fund diversifies its fixed income holdings across numerous economic sectors. The underlying fixed income assets typically feature an average duration of 1.76 years and an average credit quality of at least BBB-. Performance is measured against the S&P/LSTA Leveraged Loan Index. Formed in the United States on February 28, 2005, the fund was formerly designated as the Eaton Vance Low Duration Diversified Income Fund.
Eaton Vance Short Duration Diversified Income Fund is most often compared with the following Financial Services names: