# Eaton Vance Short Duration Diversified Income Fund (EVG): Closed-End Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/evg for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Eaton Vance · Asset class: Bond - Strategy: Actively Managed · Inception: 2005-02-24 Managed by Eaton Vance Management, this closed-end mutual fund focuses on diversified fixed-income opportunities. It primarily allocates capital within the U.S. fixed income market, constructing its portfolio with a focus on senior, secured floating-rate loans, foreign-currency denominated bank deposits, debt obligations from international governments and corporations, and mortgage-backed securities. The fund diversifies its fixed income holdings across numerous economic sectors. The underlying fixed income assets typically feature an average duration of 1.76 years and an average credit qua... ## Key Facts | Metric | Value | |---|---| | Price | $10.57 | | Expense Ratio | 2.77% | | Market Value | $142.2M | | NAV | Not on file (no daily NAV for closed-end funds) | | Holdings Count | — | | Distribution Yield (TTM) | 8.39% | | Annual Distribution (TTM) | $0.89 /share | | Distribution Frequency | Monthly | | 52-Week Range | $9.78 – $11.30 | | Beta | 0.44 | ## Latest Distribution - Amount: $0.0711 /share - Ex-date: 2026-10-15 - Pay date: 2026-10-30 ## Frequently Asked Questions ### What does EVG invest in? Managed by Eaton Vance Management, this closed-end mutual fund focuses on diversified fixed-income opportunities. It primarily allocates capital within the U.S. fixed income market, constructing its portfolio with a focus on senior, secured floating-rate loans, foreign-currency denominated bank deposits, debt obligations from international governments and corporations, and mortgage-backed securities. The fund diversifies its fixed income holdings across numerous economic sectors. The underlying fixed income assets typically feature an average duration of 1.76 years and an average credit quality of at least BBB-. Performance is measured against the S&P/LSTA Leveraged Loan Index. Formed in the United States on February 28, 2005, the fund was formerly designated as the Eaton Vance Low Duration Diversified Income Fund. ### What is the expense ratio of EVG? Eaton Vance Short Duration Diversified Income Fund (EVG) charges an expense ratio of 2.77%. This is the annual fee deducted from fund assets to cover management and operations. ### What is EVG's dividend yield? EVG's trailing-twelve-month yield is 8.39%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of EVG? Effective duration measures EVG's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EVG's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of EVG? EVG's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds. ### What is the yield to maturity of EVG? Yield to maturity (YTM) is the total return you'd earn from EVG if every bond in the portfolio is held to maturity at the current price. EVG's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid. ### Does EVG pay a dividend? Yes, Eaton Vance Short Duration Diversified Income Fund (EVG) distributes dividends to shareholders. The trailing-twelve-month yield is 8.39%. Full dividend history is on this page. ### How often does EVG pay dividends? Eaton Vance Short Duration Diversified Income Fund pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is EVG's next ex-dividend date? The most recently announced ex-dividend date for EVG was 2026-10-15. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will EVG's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 2.77% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does EVG charge its expense ratio? The expense ratio is deducted in tiny daily slices from EVG's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does EVG cost more than a fund like VOO? EVG is actively managed (current expense ratio 2.77%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether EVG's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to EVG? The Lower-Fee Alternatives card above lists closed-end funds following the same investment strategy as EVG (2.77%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/evg - Distribution history: https://www.dividenddata.com/funds/evg/dividend - Holdings & diversification: https://www.dividenddata.com/funds/evg/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/evg/expenses - Peer comparison: https://www.dividenddata.com/funds/evg/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.