<< Read Full Article
<< Read Full Article
Eaton Vance Fund To Invest In CMBS
- Loading Comments...
BOSTON (AP) — A fund managed by Eaton Vance Management will expand its pool of investments to include commercial mortgage-backed securities.
Eaton Vance Ltd. Duration Income Fund, a diversified investment company, said Tuesday that its trustees recently approved commercial mortgage-backed securities as a permitted investment. CMBS are securities backed by mortgage loans on commercial real estate property.
The fund currently invests at least 50 percent of its assets in mortgage-backed securities and speculative-grade investments, which includes senior loans and high-yield bonds. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,328.89 | 1,102.47 | 2,211.69 | 35.46 |
Oil *
73.88
|
|
UP
20.63
|
UP
6.40
|
UP
31.64
|
UP
0.59
|
10 Yr
3.55%
SPDR Gold
108.95
|
|
+0.20%
|
+0.58%
|
+1.45%
|
+1.69%
|
Data delayed 20 minutes |
Connect with TheStreet