Eaton Vance Price, Forecast, Insider, Ratings, Fundamentals & Signals

Boston--(business wire)--the following eaton vance closed-end funds (the “funds”) announced distributions today as detailed below. declaration – 3/1/2024 ex-date – 3/8/2024 record – 3/11/2024 payable – 3/18/2024   municipal bond funds: fund ticker distribution change from prior distribution closing market price – 2/29/24 distribution rate at market price eaton vance california municipal income trust cev $0.0434 - $10.40 5.01% eaton vance municipal income trust evn $0.0461 - $10.15 5.45%   taxab.

Boston--(business wire)--the eaton vance closed-end funds listed below released today the estimated sources of their january distributions (each a “fund”). this press release is issued as required by the funds' managed distribution plan (plan) and an exemptive order received from the u.s. securities and exchange commission. the board of trustees has approved the implementation of the plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amou.

Boston--(business wire)--the following eaton vance closed-end funds (the “funds”) announced distributions today as detailed below. declaration – 1/2/2024 ex-date – 1/11/2024 record – 1/12/2024 payable – 1/19/2024   municipal bond funds: fund ticker distribution change from prior distribution closing market price – 12/29/23 distribution rate at market price eaton vance california municipal income trust cev $0.0434 $0.0092 $10.34 5.04% eaton vance municipal income trust evn $0.0461 $0.0086 $9.82.

Boston--(business wire)--the following eaton vance closed-end funds (the “funds”) announced distributions today as detailed below. declaration – 12/1/2023 ex-date – 12/8/2023 record – 12/11/2023 payable – 12/18/2023             municipal bond funds: fund   ticker   distribution   change from prior distribution   closing market price – 11/30/23   distribution rate at market price eaton vance california municipal income trust   cev   $0.0342   -   $9.93   4.13% eaton vance municipal income trust.

Boston--(business wire)--the eaton vance closed-end funds listed below released today the estimated sources of their october distributions (each a “fund”). this press release is issued as required by the funds' managed distribution plan (plan) and an exemptive order received from the u.s. securities and exchange commission. the board of trustees has approved the implementation of the plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amou.

Eaton Vance Tax-Advantaged Dividend Income Fund focuses on income generation for retirement investors. It offers an alternative high yield without the tax drag. EVT invests in dividend-paying companies with potential for growth and offers a current dividend yield of 7.8%. Distributions are on a monthly basis. The fund has a majority weighting in the financials sector and uses derivatives to hedge against sectors or enhance returns.

After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for ETV to 32.2% for EOS which gets most of the funds back up to their previous distribution levels from 2022.

The broader market has continued its march higher throughout February, reaching new record highs. Despite the market continuing to move higher, I believe there are still opportunities to put cash to work.

Eaton Vance Tax-Advantaged Dividend Income Fund is now trading at a meaningful discount to put it into 'Buy' territory. EVT benchmarks against the Russell 1000 Value Index and offers heavier exposure to financials, healthcare, industrials, and energy sectors. EVT offers investors a strong monthly distribution, but it will require capital gains, as is the case with most funds that are heavily invested in equities.

Eaton Vance Tax-Advantaged Dividend Income Fund offers a high level of regular monthly income for income-oriented investors. The fund has seen a 9.76% increase in share price since the last article was published, slightly lower than the S&P 500 Index.

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

The Eaton Vance Tax-Advantaged Dividend Income Fund aims to provide high current income through dividend-paying stocks, but its 8.74% yield is worse than fixed-income funds. The fund's performance has declined by 9.89% since the last article, underperforming the S&P 500 Index. While the fund has a higher yield than the S&P 500 Index, investors still experienced a loss, making it less appealing.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

Eaton Vance Tax-Advantaged Dividend Income Fund has been trading lower recently, and the fund's discount has been opening up since our last update. EVT has a value-oriented portfolio with a benchmark of the Russell 1000 Value Index, providing a differentiated positioning from tech-heavy funds. EVT's performance has been strong relative to the S&P 500 Index, and it offers a reasonable distribution rate after a reduction last year.