EV Tax Advantaged Dividend Income Fund (EVT)

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EV Tax Advantaged Dividend Income Fund (EVT) is a popular closed end fund. This Eaton Vance fund invests mainly in dividend paying common and preferred stock. The fund’s objective is to provide current income and capital growth.

This fund has a share price of $20.60. It has a high yield of 6.72%. The yield is distributed on monthly basis. This top closed end fund is managed by Michael A. Allison, John H. Croft, John D. Crowley, and Edward J. Perkin. The current market price is trading at 10.59% discount to its NAV (Net Asset Value). The total expense ratio fee is 1.37% per year.

EVT Fund Profile

    EV Tax Advantaged Dividend Income Fund | EVT
  • Fund Inception Date: 09/30/2003
  • Ticker Symbol: EVT
  • CUSIP: 27828G107
  • Rank in category (YTD): 25%
  • Category: US Equity Tax-Advantaged
  • Distribution Rate: 6.74%
  • Effective Leverage: 21.03%
  • Capital Gains: -
  • Base Expense Ratio: 1.15%
  • Net Assets: $ 2.15 billion
  • Annual Turnover Rate: 68%

EV Tax Advantaged Dividend Income Fund Return

Morningstar has ranked this Eaton Vance fund with 3 star rating. In 2015, it has a year to date return of 0.20%. This closed end fund has returned 16.22% over the past 3 year, and 12.39% over the past 5 year. The past 5 years performance is as follows:
  • Year 2014: 17.64%
  • Year 2013: 22.82%
  • Year 2012: 22.16%
  • Year 2011: -4.93%
  • Year 2010: 13.94%

Eaton Vance Fund Holdings

The EV Tax Advantaged Dividend Income Fund has 163 holdings. The portfolio turnover rate is 68%. Top 5 stocks in its portfolio are Exxon Mobil Corporation, JPMorgan Chase & Co, Roche Holding AG, Wells Fargo & Co, and Merck & Co Inc. Top 3 sectors are general stock, preferred shares, and corporate bond.

More: Eaton Vance Limited Duration Income Fund (EVV)

Pros:
  • This tax advantage equity fund has a high yield.
  • The fund performance has been above average for the past 5 year.
Cons:
  • The fund has a high expense fee.

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