EVF Stock Recent News
EVF LATEST HEADLINES
22 out of 22 CEF sectors positive on price and 21 out of 22 sectors positive on NAV. Tortoise tender offering results. Eaton Vance tender offer results.
EVF provides high current income from a portfolio of senior loans. The fund pays a generous 9.4% trailing distribution yield.
Choosing Closed-End Credit Funds Over Equity Funds: Collecting Real Cash Vs. 'Eating Your Seed Corn'
Credit asset classes (corporate loans, high yield bonds, etc.) pay investors interest (i.e. real cash). So even when all assets (stocks, bonds, etc.) are dropping in price, funds that hold credit assets keep cranking out the cash to pay distributions.
We review CEF market valuation and performance through the first week of September and highlight recent market action. CEFs had another down week along with the rest of the income space on the back of hawkish Fed commentary.