Eaton Vance Tax-Advantaged Dividend Income Fund
About: EATON VANCE TAX ADVANTAGED DIVIDEND INCOME FUND is a diversified, closed-end management investment company. Its objective is to provide a high level of after-tax total return consisting mainly of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of electric utilities, energy equipment and services, food products, health care providers and services, internet software and services, and other areas.
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Funds holding %
of 6,809 funds
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Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
42% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 12
4% more funds holding
Funds holding: 124 [Q2] → 129 (+5) [Q3]
1% less capital invested
Capital invested by funds: $335M [Q2] → $332M (-$2.59M) [Q3]
1.23% less ownership
Funds ownership: 19.29% [Q2] → 18.05% (-1.23%) [Q3]
14% less repeat investments, than reductions
Existing positions increased: 38 | Existing positions reduced: 44
Research analyst outlook
We haven’t received any recent analyst ratings for EVT.
Financial journalist opinion
Based on 3 articles about EVT published over the past 30 days
Neutral
Seeking Alpha
6 days ago
11 Closed-End Fund Buys In The Month Of November 2024
This month, I've added to 11 different positions, but most of these were related to repurchases after the BlackRock tender offers. While I added to 11 different positions, these were all positions I had already held previously, so there were no new positions this month. In fact, I sold out of a fund to consolidate my holdings and reduce the number of funds held, as I did last month as well.
Neutral
Business Wire
2 weeks ago
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024 Ex-Date – 12/12/2024 Record – 12/12/2024 Payable – 12/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 11/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.65 5.63% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.79.
Neutral
Business Wire
3 weeks ago
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their November distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.
Positive
Seeking Alpha
1 month ago
My 9.5% Income Portfolio CEFs And Classic Cars
Closed-end funds are special income vehicles, with many positive aspects and just as many weaknesses that take time to be properly understood and evaluated. I discovered their existence about ten years ago, and over time, I became convinced of their worth by developing a personal method of selection based mainly on NAV performance. This is an analytical, data-driven approach which I then extended to other types of securities in my portfolio, namely ETFs and BDCs.
Positive
Seeking Alpha
1 month ago
EVT: Monthly Distribution And Attractive Discount
EVT offers a diversified portfolio, including a more hybrid approach to investing in equities and fixed-income allocations. Though the fund tilts to a heavier allocation of equities, and within that sleeve, the fund favors the financial sector, differentiating it from its heavy-tech weighted peers. Capital gains will primarily fund EVT's 7.85% distribution yield, but the Fed cutting rates is beneficial to see their costs of borrowings for leverage ease, which could increase NII coverage.
Positive
Seeking Alpha
1 month ago
EVT: Collecting A High Income In A Tax Efficient Manner
Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) offers an attractive 8.2% dividend yield and the distributions are issued in a tax efficient manner. The fund's diverse holdings and tax-efficient distributions provide stability and flexibility, suitable for taxable accounts seeking steady income. EVT trades at a 9% discount to NAV, presenting a solid buying opportunity, especially with potential future interest rate cuts serving as growth catalysts.
Positive
Seeking Alpha
1 month ago
EVT: Diversification And Safe Haven Benefits
The Eaton Vance Tax-Advantaged Dividend Income Fund offers an 8.23% yield, significantly higher than most domestic equity indices, making it appealing for income-focused investors. Despite underperforming the S&P 500 Index in recent months, the fund's high yield and distribution payments provide a real return, offsetting share price declines. The fund primarily invests in dividend-paying common and preferred stocks, including many blue-chips, which may offer diversification and reduced risk.
Neutral
Business Wire
1 month ago
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/1/2024 Ex-Date – 11/11/2024 Record – 11/11/2024 Payable – 11/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 10/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.55 5.69% Eaton Vance Municipal Income Trust EVN $0.051.
Neutral
Business Wire
1 month ago
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amou.
Neutral
Seeking Alpha
2 months ago
My 9.5% Income Portfolio-Fifty Shades Of Blue
My portfolio includes CEFs, ETFs, a few BDCs and an ETN, for whose selection I have developed over the years a criterion based mainly on NAV performance. In this article, however, I decided to focus on the price of each security in my portfolio, comparing it with the lows and highs touched throughout its history. An overview of the path each one has taken from launch to current market quotation with a personal assessment of the possible room for maneuver from those values.
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