Eaton Vance Short Duration Diversified Income Fund Overview
Pro stress-test →Eaton Vance Short Duration Diversified Income Fund is a closed-ended fixed income mutual fund that primarily invests in senior secured floating-rate loans, foreign currency bank deposits, foreign government and corporate debt, and mortgage-backed securities. The fund's primary investment objective is to provide a high level of current income, with a secondary objective of capital appreciation when consistent with income generation.
Strategic Profile
Pro stress-test →The fund is managed by Eaton Vance Management, which is now part of Morgan Stanley Investment Management following Eaton Vance Corp.'s acquisition by Morgan Stanley. The fund invests in fixed income securities with an average duration of 1.76 years and average credit quality of at least BBB, benchmarking against the S&P/LSTA Leveraged Loan Index.
Competitive Landscape
Pro stress-test →EVG competes in the closed-end fixed income fund space against similar diversified income strategies from major asset managers. Direct competitors include other short-duration, multi-asset fixed income funds offering income generation with controlled duration risk.
Industry Context
Eaton Vance Short Duration Diversified Income Fund operates in Closed-end fixed income mutual funds.
Key facts
Founded: 2005 · Headquarters: Boston, Massachusetts, US · Employees: N/A · Revenue: N/A · Market cap: N/A