BOSTON, Jan. 22, 2020 /PRNewswire/ -- Eaton Vance Limited Duration Income Fund (NYSE American: EVV) (the "Fund") announced today that at its Annual Meeting of Shareholders held on January 16, 2020, shareholders voted to re-elect the four current Trustees considered for election at the meeting. Shareholders also voted to approve a non-binding shareholder proposal that the Fund's Board of Trustees (the "Board") take the necessary steps to declassify the Board so that all Trustees of the Fund are elected on an annual basis. The Board will take the declassification proposal into consideration. The vote tabulations, as certified by AST Fund Solutions, LLC, the proxy tabulator, will be published in the Fund's next report to shareholders.
About Eaton Vance Corp.
The Fund's investment adviser is Eaton Vance Management, a subsidiary of Eaton Vance Corp. Eaton Vance Corp. (NYSE: EV) provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta Capital, Hexavest and Calvert, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. As of December 31, 2019, Eaton Vance had consolidated assets under management of $518.6 billion. For more information, visit eatonvance.com.
Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.
This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of the Fund. Additional information about the Fund, including performance and portfolio characteristic information, is available at www.eatonvance.com.
Statements in this press release that are not historical facts are forward-looking statements as defined by the U.S. securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
SOURCE Eaton Vance Management