|Bid||12.72 x 900|
|Ask||12.74 x 1200|
|Day's Range||12.69 - 12.74|
|52 Week Range||11.28 - 12.87|
|Beta (3Y Monthly)||0.25|
|PE Ratio (TTM)||24.31|
|Forward Dividend & Yield||0.84 (6.61%)|
|1y Target Est||N/A|
BOSTON , June 3, 2019 /PRNewswire/ -- The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below. Declaration – 6/3/2019 Ex-Date – 6/12/2019 ...
BOSTON , Feb. 25, 2019 /PRNewswire/ -- Eaton Vance Management ("Eaton Vance"), investment adviser to the closed-end funds listed below ("Funds"), is today announcing portfolio management ...
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Eaton Vance Limited Duration Income Fund and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
It's hard to believe given how violently stocks sold off last quarter, but most corners of the market are already optimistically priced again. The Standard & Poor's 500-stock index is just 6% below its all-time highs and trades at a sky-high price-to-sales ratio of 2.1.It's the same story in the income space. After topping out late last year, rising bond prices have clipped bond yields. As recently as late October, the 10-year Treasury yielded 3.2%. Today, it yields less than 2.7%. And most of the larger "bond substitutes" among large-cap dividend stocks and real estate investment trusts (REITs) don't yield much better.If you want a respectable yield, you must hunt for it among smaller names that Wall Street tends to overlook. It's not for the faint of heart; small-cap stocks have less research coverage and tend to be more volatile.But with this increased volatility comes the possibility of vastly better returns. A study by Dimensional Fund Research covering 1926-2016 found that small-cap value stocks returned 15.2% per year on average, nearly 50% better than the 10.3% returned by the S&P; 500\. This is consistent with work by professors Eugene Fama and Kenneth French and others who have explored the "small cap anomaly.""Searching for high-quality value stocks in the small-cap space is a tried and true method that works over time," says John Del Vecchio, co-manager of the AdvisorShares Ranger Equity Bear ETF (HDGE). "It doesn't work every year or in every market. But over time, the numbers speak for themselves."Here are seven solid, mostly smaller, dividend stocks that are off the radars of most investors, both professionals and individuals alike. Expect higher-than-normal volatility, but all pay high enough dividends - between roughly 5% and 12% - to make that additional risk worth taking. SEE ALSO: 18 Dividend Aristocrats That Have Gone on Deep Discount
BOSTON , Dec. 18, 2018 /PRNewswire/ -- Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below. Declaration – 12/18/2018 Ex-Date – 12/27/2018 ...
Moody's Investors Service ("Moody's") has today affirmed the Aa3 ratings of the auction preferred shares ("APS") issued by Eaton Vance Limited Duration Income Fund (EVV), Eaton Vance Senior Floating-Rate Trust (EFR), and Eaton Vance Senior Income Trust (EVF) following a tender offer that has reduced the outstanding APS in each fund. For the tender offer, EVV, EFR and EVF will repurchase up to 19%, 21% and 39% , respectively, of their APS at a price per share equal to 92% of the APS liquidation preference of $25,000 per share (or $23,000 per share), plus any unpaid APS dividends accrued through the tender date.
BOSTON , Sept. 14, 2018 /PRNewswire/ -- Eaton Vance Limited Duration Income Fund (NYSE: EVV), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) and Eaton Vance Senior Income Trust (NYSE: EVF) (each a ...
BOSTON, Aug. 16, 2018 /PRNewswire/ -- Eaton Vance Limited Duration Income Fund (EVV), Eaton Vance Senior Floating-Rate Trust (EFR) and Eaton Vance Senior Income Trust (EVF) (each a "Fund") announced today that they have commenced tender offers (each a "Tender Offer") to purchase up to 19%, 21% and 39%, respectively, of their outstanding auction preferred shares ("APS") at a price per share equal to 92% of the APS liquidation preference of $25,000 per share (or $23,000 per share), plus any unpaid APS dividends accrued through the tender date. As described in the Funds' Offer to Purchase and the related Letter of Transmittal ("Offer Documents"), each Fund's Tender Offer is scheduled to expire at 5:00 p.m. Eastern Time on Friday, September 14, 2018, but may be extended at the discretion of the Fund. If a Fund's Tender Offer is extended beyond September 14, 2018, a press release will be issued providing notice of the extension.
Retirement for most Americans is a giant and often scary jump into the unknown. In your working years, you can generally take the occasional investing mistake in stride. Retirement portfolio losses can be offset by simply saving more or working a little longer. But once you've retired, you no longer have that luxury. You need your nest egg to last throughout your life and possibly that of your spouse as well. So, as you choose your investments, choose wisely. A good retirement stock will ideally pay a healthy dividend. Sonia Joao, President of Robertson Wealth Management, a Houston-based RIA, explains, "Eighty percent of our clients are in or near retirement, and virtually all of them tell us the same thing. They're looking for safe, secure streams of income to meet their living expenses and replace their paychecks." A safe dividend is arguably the most important characteristic to look for. But with inflation likely to be higher over the next decade than it was over the previous one, retirees also need growth to maintain their purchasing power. So, a good retirement portfolio will be laden with income stocks - but also a few growth plays for balance. Just remember: Not all "income stocks" belong in a retirement portfolio. For example, troubled industries like tobacco and telecom might have juicy yields, but they offer virtually no possibility for growth. Now, let's dig in. Here are 25 stocks every retiree should own. SEE ALSO: 53 Best Dividend Stocks for 2018 and Beyond
One of the biggest draws of closed-end mutual funds is the fact that they can offer investors a chance to buy a basket of stocks or bonds at what's called a "discount to net asset value." That's where you purchase shares of a closed-end mutual fund and get, say, a dollar's worth of underlying securities for just 90 cents a share. "If you are thoughtful about when you buy and what you buy and you have patience, good things can happen," says Maury Fertig, co-founder of Relative Value Partners in Northbrook, Ill. Roughly 80% of closed-end mutual funds trade at a discount to NAV due to the unique way that these funds operate.