Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund operates as a closed-end investment fund. It invests in dividend-paying common and preferred stocks. The company was founded on September 30, 2003 and is headquartered in Boston, MA.

Eaton Vance Tax-Advantaged Dividend Income Fund focuses on income generation for retirement investors. It offers an alternative high yield without the tax drag. EVT invests in dividend-paying companies with potential for growth and offers a current dividend yield of 7.8%. Distributions are on a monthly basis. The fund has a majority weighting in the financials sector and uses derivatives to hedge against sectors or enhance returns.

EVT: Instant Income Gratification At A Significant Discount To NAV

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Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for ETV to 32.2% for EOS which gets most of the funds back up to their previous distribution levels from 2022.

Eaton Vance Raises Distributions On All Equity CEFs

Ares Capital

BlackRock Science & Technology

Crescent Capital BDC Inc

Calamos Dynamic Convertible & Income Fund

Calamos Global Total Return Fund

Fidus Investment

Guggenheim Strategic Opportunities Fund

John Hancock Tax-Advantaged Dividend Income Fund

JPMorgan Equity Premium Income ETF

JPMorgan Nasdaq Equity Premium Income ETF

Barings Corporate Investors

PIMCO Corporate & Income Strategy Fund

PIMCO Dynamic Income Fund

John Hancock Premium Dividend Fund

PIMCO Corporate & Income Opportunity Fund

Global X NASDAQ 100 Covered Call ETF

Cohen & Steers Quality Income Realty Fund

Royce Value Trust

Global X Russell 2000 Covered Call ETF

Special Opportunities Fund Inc

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Cohen & Steers Infrastructure Fund Inc

Surrounded by the smoothness of the Tuscan landscape, I have always thought that the pursuit of harmony in human activities is the first step toward happiness. I also chase a balance in investments, seeking to create a portfolio whose securities provide a steady cash flow over time and grow the nominal capital invested.

My 9% Income Portfolio - Harmony In Investment

Western Asset Investment Grade Income Fund

Hoya Capital High Dividend Yield ETF

The broader market has continued its march higher throughout February, reaching new record highs. Despite the market continuing to move higher, I believe there are still opportunities to put cash to work.

3 Closed-End Fund (Plus An ETF) Buys In The Month Of February 2024

Eaton Vance Tax-Advantaged Dividend Income Fund is now trading at a meaningful discount to put it into 'Buy' territory. EVT benchmarks against the Russell 1000 Value Index and offers heavier exposure to financials, healthcare, industrials, and energy sectors. EVT offers investors a strong monthly distribution, but it will require capital gains, as is the case with most funds that are heavily invested in equities.

EVT: Discount At A 'Buy' Level

Adams Diversified Equity Fund

Oxford Lane Capital

For those who invest for dividends, the goal is to look for securities that can guarantee sustainable dividends and distributions over time. Choices about how to deploy the income generated by those instruments are personal and depend on each investor's needs, financial means, and age.

My 9% Income Portfolio-In Search For Happiness

Eaton Vance Tax-Advantaged Dividend Income Fund offers a high level of regular monthly income for income-oriented investors. The fund has seen a 9.76% increase in share price since the last article was published, slightly lower than the S&P 500 Index.

EVT: Solid CEF For Those Willing To Sacrifice Some Total Return For A Lot Of Income

Total Return is the actual rate of return for an investment over a given evaluation period, typically one, three, five, or ten years. The Total NAV Return is the sum of all dividends/distributions, assuming they are reinvested, plus the change in the NAV of the fund, be it positive or negative. However, managing our portfolio is not only about applying financial rules, because it is not certain that dividends can and will always be reinvested.

My 9% Income Portfolio-Living Off Dividends

The Eaton Vance Tax-Advantaged Dividend Income Fund aims to provide high current income through dividend-paying stocks, but its 8.74% yield is worse than fixed-income funds. The fund's performance has declined by 9.89% since the last article, underperforming the S&P 500 Index. While the fund has a higher yield than the S&P 500 Index, investors still experienced a loss, making it less appealing.

EVT: May Underperform In Current Environment, But Conservative Strategy Is Nice

Virtus AllianzGI Diversified Income & Convertible Fund

ArrowMark Financial

BlackRock Enhanced Equity Dividend Trust

Eagle Point Credit

Barings Participation Investors

LMP Capital and Income Fund

abrdn World Healthcare Fund 

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 10% Yield (October 2023)

Blackrock Health Sciences Trust

BlackRock Science and Technology Trust II

BlackRock Utilities Infrastructure & Power Opportunities Trust

ClearBridge Energy MLP Fund Inc

Central Securities

European Equity Fund

Franklin Templeton Emerging Markets Fund

Sprott Focus Trust

General American Investors

Gabelli Dividend & Income Trust

Gabelli Global Small and Mid Cap Value Trust

Eagle Capital Growth Fund Inc

Gabelli Healthcare & Wellness Trust

abrdn Healthcare Investors 

abrdn Life Sciences Investors 

India Fund Inc

Morgan Stanley India Investment Fund Inc

Mexico Fund

PIMCO Energy and Tactical Credit Opportunities Fund

Income Portfolio - 38 CEFs Worth Exploring

BlackRock Capital Allocation Trust

FS Credit Opportunities Corp

Brookfield Real Assets Income Fund

It's a great time to be an income investor. We have yields averaging 11.1% staring us in the face.

This Monthly-Paying Mini-Portfolio Delivers 11.1% Each Year

Eaton Vance Tax-Advantaged Dividend Income Fund has been trading lower recently, and the fund's discount has been opening up since our last update. EVT has a value-oriented portfolio with a benchmark of the Russell 1000 Value Index, providing a differentiated positioning from tech-heavy funds. EVT's performance has been strong relative to the S&P 500 Index, and it offers a reasonable distribution rate after a reduction last year.

EVT: Discount Opens Up Opportunity For Long-Term Income Investors

Reaves Utility Income Fund

XAI Octagon Floating Rate & Alternative Income Term Trust

Perfection is defined as being complete and correct in every way, and can be pursued in various fields, including art and investing. For years now, I have been employing all my strength in investing in CEFs and ETFs, plus some “flirtations” with ETNs and BDCs. My portfolio is certainly not perfect, but acceptably fulfills the task for which it was designed: namely, to provide me with a steady stream of dividends over time.

My 9% Income Portfolio - Nobody Is Perfect

Arbor Realty Trust

Archer-Daniels-Midland Company

Air Products and Chemicals

Carrier Global

Clorox

Cummins

Dover

Emerson Electric

Enterprise Products Partners

EPR Properties

Equinix

General Mills

Goldman Sachs

Honeywell

Helmerich & Payne

Hormel Foods

Iron Mountain

McDonald's

Altria

Nordson

Realty Income Corp

Old Republic International

Otis Worldwide

Parker-Hannifin

The Taxable Account generated $2,111.31 of dividend income for June 2023 compared with $1,825.40 of dividend income for June 2022. The Taxable Account had a balance of $533.9K as of June 30, 2023, vs. $493.5K on June 30, 2022. The annualized cost basis yield is 5.44%. Five companies in the Taxable portfolio paid increased dividends or paid a special dividend during the month of June.

The Retirees' Dividend Portfolio: John And Jane's June 2023 Taxable Account Update

Investors today are in desperate need of additional sources of income, just like everyone else in America. Eaton Vance Tax-Advantaged Dividend Income Fund invests in a portfolio of common stocks and fixed-income assets with the objective of providing its investors with a high level of total return and yield.

EVT: Earn Needed Income With This High-Yielding CEF

Apple

Energy Transfer LP Unit

JPMorgan Chase & Co

The Taxable Account generated $1,760.46 of dividend income for April 2023 compared with $1,609.40 of dividend income for April 2022. The Taxable Account had a balance of $523.4K as of April 30, 2023, vs. $522.7K on April 30, 2022. The annualized cost basis yield is 5.38%.

The Retirees' Dividend Portfolio: John And Jane's April 2023 Taxable Account Update

My Income Portfolio And Return Of Capital.

My Income Portfolio And Return Of Capital

EVT: High Cyclical Exposures May Drag On Performance

Investors today are starved for income, as the persistently high inflation rate is eroding our purchasing power. Eaton Vance Tax-Advantaged Dividend Income Fund invests in a portfolio of dividend-paying stocks intended to provide investors with a growing level of sustainable income.

EVT: Solid CEF Offering From Eaton Vance With A 7.78% Yield

The world seeks complexity, but simplicity often trumps complexity. For my investment goals, I have made the choice to focus mainly on CEFs and ETFs, carefully weighing their merits and drawbacks.

My Income Portfolio - Keep It Simple, Sweetheart

Maui Land & Pineapple

The Taxable Account generated $1,850.78 of dividend income for February 2023 compared with $1,493.49 of dividend income for February 2022. The Taxable Account had a balance of $533.4K as of February 28, 2023, vs. $530.1K on February 28, 2022. The annualized cost basis yield is 5.23%.

The Retirees' Dividend Portfolio: John And Jane's February 2023 Taxable Account Update

Owl Rock Capital Corp

As in Led Zeppelin's famous song, for me, investments in high-dividend securities represent a kind of stairway to heaven. Indeed, their steady flow of money relieves psychological pressure during times of market uncertainty and helps me experience them with greater peace of mind.

My Income Portfolio: A Stairway To Heaven

BlackRock

Calamos Convertible Opportunities And Income Fund

Calamos Convertible And High Income Fund

Ellsworth Growth and Income Fund

Blackrock Floating Rate Income Strategies Fund Inc

Clough Global Opportunities Fund

Invesco Senior Income Trust

Western Asset Diversified Income Fund

Waste Management

We have now closed on the first month of the new year, but my strategy of buying every month hasn't changed. The new year has started off with a bang, with the broader indexes jumping higher.

Kicking Off The New Year With 7 Closed-End Fund Buys In The Month Of January 2023

Eaton Vance Tax-Advantaged Dividend Income Fund invests in a portfolio of dividend-paying stocks to provide investors with a high level of income. This fund has a better portfolio than many of Eaton Vance's other closed-end funds, as it excludes the mega-cap technology stocks that declined substantially last year.

EVT: This 7.47%-Yielding CEF Is A Reasonable Buy Today

News for Eaton Vance Tax-Advantaged Dividend Income Fund ETF (EVT)