Eaton Vance Limited Duration Income Fund (EVV) : The money flow analysis of Eaton Vance Limited Duration Income Fund (EVV) indicates a $1.09 million of outflow was on downticks, whereas, the investors on Friday gobbled up stocks worth $1.49 million on upticks. The ratio between the upticks and downticks was clearly in favor of the bulls at 1.36 and so was the total money flow at $0.39 million. The bulls lapped up $0 million worth of block trades on upticks. The money flow was $0 million in block trades, underlining the interest of the bulls in the stock even when the stock was declining.However, the price action shows that the bears had an upper hand in the stock of Eaton Vance Limited Duration Income Fund (EVV), pushing it down by -1.01% for the day. The stock slid $0.14 and traded at $13.67 during the day. Nonetheless, the stock is -1.44% over the previous weeks close.
Eaton Vance Limited Duration Income Fund is a closed-end investment management firm. The Funds 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 consistent with its primary goal of high current income. The Fund invests primarily in mortgage-backed securities. For the 12-month period ended March 31, 2014, the Fund had total returns of 6.5% at net asset value and -3.53% at market price. Eaton Vance Management is the Funds investment advisor and administrator.