Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade.
The fund seeks to maintain an average duration of three and a half years and average quality BBB/BBB- in its investments. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index, the Merrill Lynch U.S. High Yield Index, and the Barclays Capital U.S. Intermediate Government Bond Index. Eaton Vance Limited Duration Income Fund was formed on May 30, 2003 and is domiciled in the United States.
What is Eaton Vance Limited Duration Income Fund (EVV)?
Eaton Vance Limited Duration Income Fund (ticker: EVV) is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund primarily invests in the fixed income markets of the United States, focusing on senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade. It aims to maintain an average portfolio duration of three and a half years and an average credit quality of BBB/BBB-. The fund was formed on May 30, 2003, and is domiciled in the United States.
Where is Eaton Vance Limited Duration Income Fund listed and in which currency does it trade?
Eaton Vance Limited Duration Income Fund is listed on the NYSE American exchange under the ticker symbol EVV. It trades in US Dollars (USD), which is the currency of its primary economic environment. As a US-domiciled fund, all its assets, liabilities, and transactions are denominated in USD, making it accessible to investors seeking exposure to US fixed income markets through a publicly traded closed-end fund.
What sector and industry does Eaton Vance Limited Duration Income Fund belong to?
Eaton Vance Limited Duration Income Fund operates in the Financial Services sector and specifically within the Asset Management industry. As an asset management company, it pools capital from investors and invests in a diversified portfolio of fixed income securities. The fund's primary business is to generate income and capital appreciation by managing a portfolio of below-investment-grade corporate bonds, floating-rate loans, and mortgage-backed securities, all while maintaining a limited duration profile.
What is the investment focus and strategy of Eaton Vance Limited Duration Income Fund?
Eaton Vance Limited Duration Income Fund focuses on the US fixed income markets, investing primarily in senior secured floating-rate loans, government agency mortgage-backed securities, and below-investment-grade corporate bonds. The fund seeks to maintain an average portfolio duration of about three and a half years, which limits interest rate sensitivity, and an average credit quality of BBB/BBB-. It benchmarks its performance against indices such as the S&P/LSTA Leveraged Loan Index, the Merrill Lynch U.S. High Yield Index, and the Barclays Capital U.S. Intermediate Government Bond Index, reflecting its blend of credit and interest rate strategies.
Where is Eaton Vance Limited Duration Income Fund domiciled and what markets does it serve?
Eaton Vance Limited Duration Income Fund is domiciled in the United States and primarily serves the US fixed income markets. While it is a US-focused fund, its shares are publicly traded on the NYSE American, making it accessible to both domestic and international investors. The fund's investments are concentrated in US dollar-denominated securities, including senior loans, mortgage-backed securities, and corporate bonds, all issued within the United States. As a closed-end fund, it raises capital through an initial public offering and subsequent trading on the exchange, providing liquidity to shareholders.