Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Short Duration Diversified Income Fund is a closed-end fund designed to provide investors with a diversified portfolio of fixed income securities. The fund primarily focuses on short-term bonds, making it an appealing option for those seeking income with lower interest rate risk compared to longer-duration securities. It invests in a variety of fixed income assets, including corporate bonds, government securities, and mortgage-backed securities, reflecting a broad exposure to different economic sectors. The fund aims to generate a high level of current income, while also considering the potential for capital appreciation. Its strategic selection of short duration investments makes it sensitive to interest rate changes, yet less volatile than investments with longer maturities. As part of the Eaton Vance family, a well-regarded name in asset management, the fund benefits from seasoned portfolio management and a robust research framework. With its focus on both income generation and diversification, the Eaton Vance Short Duration Diversified Income Fund plays a critical role in fixed income portfolios, especially for those investors who prioritize stability and current income in their investment strategies.