Eaton Vance Limited Duration Income Fund Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2012
February 22, 2013 at 04:46 pm
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Eaton Vance Limited Duration Income Fund reported earnings results for the third quarter and nine months ended December 31, 2012. For the quarter, the fund reported net investment income of $37,356,388 or $0.318 per common share compared to $32,308,790 or $0.275 per common share in last year. Net investment income after the preferred dividends was $37,227,769 or $0.317 per common share compared to $32,215,101 or $0.274 per common share in last year. Net realized and unrealized gains were $4,977,870 or $0.050 per common share compared to $44,096,881 or $0.376 per common share in last year. Gross investment income was $44,943,000 compared to $40,788,000 and net increase in net assets from operations was $42,205,000 or $0.367 per common share compared to $76,312,000 or $0.650 per common share for the last year.
For the nine months, the fund reported net investment income of $100,879,557 or $0.859 per common share compared to $97,472,444 or $0.831 per common share in last year. Net investment income after the preferred dividends of $100,500,558 or $0.856 per common share compared to $97,138,142 or $0.828 per common share in last year. Net realized and unrealized gains were $38,211,014 or $0.326 per common share compared to net realized and unrealized losses of $73,461,120 or $0.626 per common share in last year. The net asset value per common share on December 31, 2012 was $16.79 compared to $16.19 per share on December 31, 2011. Gross investment income was $124,355 compared to $122,212,000 and net increase in net assets from operations was $138,712,000 or $1.182 per common share compared to $23,677,000 or $0.202 per common share for the last year.
Eaton Vance Limited Duration Income Fund (the Fund) is a diversified, closed-end management investment company. The Fundâs primary investment objective is to provide a high level of current income. The Fund may, as a secondary objective, also seek capital appreciation to the extent it is consistent with its primary objective. The Fund is focused on investing approximately 25% of its total assets in investments rated investment grade, including United States Government securities, which may include United States Treasuries and mortgage-backed securities (MBS) and other securities issued, backed, or otherwise guaranteed by the United States Government, or its agencies or instrumentalities, commercial MBS, and corporate debt obligations. The Fund invests in various sectors, including aerospace and defense, air transport, automotive, biotechnology, building and development, and cable and satellite television. The Fund's investment advisor is Eaton Vance Management (EVM).
EATON VANCE LIMITED DURATION INCOME FUND 
