Chamois16

Can Eaton Vance's Tax-Advantaged Dividend Fund Sustain Its Yield?

Correction to the above. The distributions are from investment income, not ROC or capital gains.

Can Eaton Vance's Tax-Advantaged Dividend Fund Sustain Its Yield?

Lots of bad info here. EVT is a dividend capture fund, the additional dividends providing the extra yield. It doesn't do options. It is a levered fund along with its cohorts ETG and ETO which just switched to bankd debt from APS. There is no reason tp believe that this will cost significantly more than default APS rates resulting from failed auctions. Many CEF use debt rather than preferred shares, even before the APS problem. EVT distributions to date are entirely from earned invested income and are 15% qdi

The original poster apparently missed the capture strategy and subsequent posters have confused EVT with other funds