# Eaton Vance Tax-Advantaged Dividend Income Fund (EVT): Mutual Fund Facts & Distributions

> Markdown mirror of https://www.dividenddata.com/funds/evt for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice.

- Issuer: Eaton Vance · Asset class: Equity
- Strategy: Passive Index · Inception: 2003-09-26

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 U...

## Key Facts

| Metric | Value |
|---|---|
| Price | $27.17 |
| Expense Ratio | 2.27% |
| Assets Under Management | $2.03B |
| NAV | — |
| Holdings Count | — |
| Distribution Yield (TTM) | 7.27% |
| Annual Distribution (TTM) | $1.98 /share |
| Distribution Frequency | Monthly |
| 52-Week Range | $23.00 – $29.65 |
| Beta | 1.04 |

## Latest Distribution

- Amount: $0.1646 /share
- Ex-date: 2026-10-15
- Pay date: 2026-10-30

## Frequently Asked Questions

### 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 7.27%, 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 $2.03B 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 Eaton Vance.

### Does EVT pay a dividend?

Yes, Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) distributes dividends to shareholders. The trailing-twelve-month yield is 7.27%. Full dividend history is on this page.

### How often does EVT pay dividends?

Eaton Vance Tax-Advantaged Dividend 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 EVT's next ex-dividend date?

The most recently announced ex-dividend date for EVT 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 EVT's expense ratio cost me over 30 years?

On a $10,000 investment compounding at 7% gross return, a 2.27% 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 EVT charge its expense ratio?

The expense ratio is deducted in tiny daily slices from EVT'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 EVT cost more than a fund like VOO?

EVT is a passive index fund (current expense ratio 2.27%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM).

### Are there cheaper alternatives to EVT?

The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as EVT (2.27%) 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/evt
- Distribution history: https://www.dividenddata.com/funds/evt/dividend
- Holdings & diversification: https://www.dividenddata.com/funds/evt/diversification
- Fees & cheaper alternatives: https://www.dividenddata.com/funds/evt/expenses
- Peer comparison: https://www.dividenddata.com/funds/evt/peers

Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.