Mon, Nov 24, 2014, 4:36 PM EST - U.S. Markets closed

Recent

% | $
Quotes you view appear here for quick access.

Eaton Vance Corporation Eaton V Message Board

  • maaveriks maaveriks Dec 14, 2010 8:47 PM Flag

    Stupid to sell at this point

    This cut really just puts the Eaton Vance funds comparable to alot of other buy/write funds in terms of yield.

    The Nuveen buy/write funds JSN, JLA, JPZ, JPG, DPD & DPO for example have also cut their dividends twice over the past year or so (as have other fund families like ING) and now operate at 9.3% to 9.6% yields with only slight discounts to their NAV. In fact, a couple of the Nuveen funds were actually at premiums before they went ex-div a day ago. Comparably, ETV should actually RALLY on this news at a 9.8% yield and a 5.2% discount! Probably won't happen, but I do think the downside is limited.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
ETV
15.04-0.08(-0.53%)4:02 PMEST

Trending Tickers

i
Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.