|Bid||9.24 x 800|
|Ask||9.30 x 1200|
|Day's Range||9.24 - 9.32|
|52 Week Range||5.41 - 10.57|
|Beta (5Y Monthly)||N/A|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.85 (9.23%)|
|Ex-Dividend Date||Jun 22, 2020|
|1y Target Est||N/A|
The Eaton Vance closed-end funds listed below released today the estimated sources of their July 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 amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the July distribution. It is not determinative of the tax character of a Fund's distributions for the 2020 calendar year. Shareholders should note that each Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.
We're at a point where the market sold off so aggressively, and investors were expecting such bad news, that stocks may have hit a floor -- and they may stay there as more bad news trickles in, because we're learning more about this crisis and how we can fix it, suggests Michael Foster, editor of CEF Insider.