Jon A

1 Comment

    • Can Eaton Vance's Tax-Advantaged Dividend Fund Sustain Its Yield? [view article]
      This is poorly researched and factually incorrect on more than one point. First off, this fund is not leveraged, and does not employ the use of leverage or "auction rate securities".

      Second, this would not be the only way the fund can sustain such a high dividend. This fund is a covered-call strategy fund, which simply means that the fund managers sell covered calls against a portion of the funds assets, collecting the premium. This premium income, along with dividends paid by stocks in the fund sustain the dividend.

      Please do some homework before you post things like this, as the misinformation and misunderstanding does not help an already complex world of investment choices.
      Apr 25 09:11 PM
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