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Eaton Vance Tax-Advantaged Dividend Income Fund yields 8.31%, trades at 10.33% discount, appealing for income investors.

Analyst Insights
30 Mar 2026
Seeking Alpha
View Source
Bullish
pluang ai news

The Eaton Vance Tax-Advantaged Dividend Income Fund (EVT) offers an 8.31% yield by investing mainly in U.S. dividend-paying stocks with limited tech exposure. Its lower allocation to major tech stocks has helped preserve capital and outperform peers and the S&P 500 during recent market downturns. EVT uses leverage and capital gains distributions to sustain its high yield, with its net asset value rising 11.55% over three years. Currently trading at a 10.33% discount to net asset value, EVT is attractively priced compared to its history and peers, making it a strong option for investors seeking income.

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