BOSTON, May 20, 2011 /PRNewswire/ -- The Trustees of Eaton Vance Limited Duration Income Fund (NYSE Amex: EVV) and Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), each a diversified closed-end investment company (together the "Funds"), have approved a change to the Funds' investment policies to expand the "Authorized Foreign Currencies" in which the Funds may invest to include Australian dollars. The Funds currently may invest without limit in foreign investments denominated in U.S. dollars and may invest up to 15% of net assets in foreign investments denominated in Authorized Foreign Currencies, which include euros, British pounds, Swiss francs, Canadian dollars, and going forward, Australian dollars.
Eaton Vance is one of the oldest investment management firms in the United States, with a history dating to 1924. Eaton Vance and its affiliates managed $203.0 billion in assets as of April 30, 2011, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
SOURCE Eaton Vance Management