Eaton Vance Tax-Advantaged Dividend Income Fund

Frequently Asked Questions About EVT

What does EVT invest in?

Eaton Vance Tax-Advantaged Dividend Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across the diversified sectors. The fund primarily invests in dividend paying value stocks of companies that qualify for favorable federal income tax treatment. It benchmarks the performance of its portfolio against the Russell 1000 Value Index. Eaton Vance Tax-Advantaged Dividend Income Fund was formed on September 30, 2003 and is domiciled in the United States.

What is the expense ratio of EVT?

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) charges an expense ratio of 2.27%. This is the annual fee deducted from fund assets to cover management and operations.

What is EVT's dividend yield?

EVT's trailing-twelve-month yield is 6.79%, calculated from the sum of dividends over the past year divided by the current price.

How big is EVT?

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) manages $2.17B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is EVT actively managed or an index fund?

EVT is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (EVT's is 2.27%) because there's no security selection cost.

When was EVT launched?

Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) launched in September 2003 and is managed by the fund issuer.