# Eaton Vance Limited Duration Income Fund (EVV): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/evv 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: Thematic · Inception: 2003-06-11 The Eaton Vance Limited Duration Income Fund, a closed-end investment vehicle overseen by Eaton Vance Management, primarily seeks income within the United States' fixed income markets. Its primary allocations include senior, secured, floating-rate loans; mortgage-backed securities issued by government agencies; and corporate bonds rated below investment grade. A key aspect of its strategy is to maintain an average portfolio duration of three and a half years, coupled with an average credit quality of BBB/BBB-. Performance is measured against a set of benchmarks: the S&P/LSTA Leveraged Loan... ## Key Facts | Metric | Value | |---|---| | Price | $8.39 | | Expense Ratio | 4.04% | | Assets Under Management | $974.9M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 10.18% | | Annual Distribution (TTM) | $0.85 /share | | Distribution Frequency | Monthly | | 52-Week Range | $8.18 – $10.21 | | Beta | 0.65 | ## Latest Distribution - Amount: $0.0668 /share - Ex-date: 2026-10-14 - Pay date: 2026-10-26 ## Frequently Asked Questions ### What does EVV invest in? The Eaton Vance Limited Duration Income Fund, a closed-end investment vehicle overseen by Eaton Vance Management, primarily seeks income within the United States' fixed income markets. Its primary allocations include senior, secured, floating-rate loans; mortgage-backed securities issued by government agencies; and corporate bonds rated below investment grade. A key aspect of its strategy is to maintain an average portfolio duration of three and a half years, coupled with an average credit quality of BBB/BBB-. Performance is measured against a set of benchmarks: 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. The fund was established on May 30, 2003, and is domiciled in the United States. ### What is the expense ratio of EVV? Eaton Vance Limited Duration Income Fund (EVV) charges an expense ratio of 4.04%. This is the annual fee deducted from fund assets to cover management and operations. ### What is EVV's dividend yield? EVV's trailing-twelve-month yield is 10.18%, calculated from the sum of dividends over the past year divided by the current price. ### What is the duration of EVV? Effective duration measures EVV's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EVV's current duration is published on the fund's factsheet on the issuer's website. ### What is the credit quality of EVV? EVV'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 EVV? Yield to maturity (YTM) is the total return you'd earn from EVV if every bond in the portfolio is held to maturity at the current price. EVV'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 EVV pay a dividend? Yes, Eaton Vance Limited Duration Income Fund (EVV) distributes dividends to shareholders. The trailing-twelve-month yield is 10.18%. Full dividend history is on this page. ### How often does EVV pay dividends? Eaton Vance Limited Duration 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 EVV's next ex-dividend date? The most recently announced ex-dividend date for EVV was 2026-10-14. 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 EVV's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 4.04% 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 EVV charge its expense ratio? The expense ratio is deducted in tiny daily slices from EVV'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 EVV cost more than a fund like VOO? EVV's strategy (current expense ratio 4.04%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where EVV sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to EVV? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as EVV (4.04%) 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/evv - Distribution history: https://www.dividenddata.com/funds/evv/dividend - Holdings & diversification: https://www.dividenddata.com/funds/evv/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/evv/expenses - Peer comparison: https://www.dividenddata.com/funds/evv/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.