7.68% These Funds make distributions in accordance with a managed distribution plan. Under the managed distribution plan, a Fund issues a notice to shareholders and a press release containing information about the amount and sources of the distribution and other related information on payment date of the distribution. A Fund s distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with yield or income. Distributions in excess of Fund returns will cause its net asset value to erode. Investors should not draw any conclusions about a Fund s investment performance from the amount of its distribution or from the terms of its managed distribution plan. The Fund s Board may amend or terminate the managed distribution plan at any time without prior notice to Fund shareholders.
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
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Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
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Eaton Vance Short Duration Diversified Income Fund Announces Conditional Tender Offer, Conditional Distribution Rate Increase And Special Shareholder Meeting
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BOSTON, March 9, 2021 /PRNewswire/ Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) (the Fund ) today announced that its Board of Trustees (the Board ) has taken the actions described below.
Conditional Tender Offer. The Board has authorized a conditional cash tender offer for up to 25% of the Fund s outstanding common shares at a price per share equal to 99% of the Fund s net asset value per share as of the close of regular trading on the New York Stock Exchange on the date the tender offer expires. The tender offer is conditioned on shareholder approval of a new investment advisory agreement with Eaton Vance Management ( EVM ), the Fund s investment adviser, at the upcoming special meeting of shareholders discussed below.