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EVV - Eaton Vance Ltd Duration


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The Eaton Vance Limited Duration Income Fund (EVV) is a closed-ended fixed income mutual fund managed by Eaton Vance Management. It was launched with the aim of providing investors with exposure to the fixed income markets of the United States. EVV primarily allocates its assets to senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds rated below investment grade. This investment strategy is geared towards generating income while managing interest rate risk and credit risk within the fixed income portfolio.

EVV maintains a disciplined approach to portfolio management, seeking to maintain an average duration of three and a half years and an average credit quality of BBB/BBB- in its investments. By adhering to these parameters, the fund aims to strike a balance between yield potential and risk mitigation, thereby offering investors a combination of income generation and capital preservation.

In terms of performance evaluation, EVV benchmarks its portfolio against several indices, including 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. This benchmarking approach provides investors with a reference point to assess the fund's performance relative to specific segments of the fixed income market, thereby facilitating informed investment decisions.

Since its inception on May 30, 2003, Eaton Vance Limited Duration Income Fund has provided investors with access to a diversified portfolio of fixed income securities, offering potential for income generation while managing risks associated with interest rate fluctuations and credit quality. As of [current date], EVV continues to be domiciled in the United States, catering to the investment needs of individuals and institutions seeking exposure to the U.S. fixed income markets.

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Stock Sector: Financial Services: Closed-End Fund - Debt

 

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