Eaton Vance Limited Duration Income Fund Report Of Earnings

BOSTON, Nov. 18, 2013 /PRNewswire/ -- Eaton Vance Limited Duration Income Fund (NYSE MKT: EVV) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three months and the six months ended September 30, 2013. The Fund's fiscal year ends on March 31, 2014.

For the three months ended September 30, 2013, the Fund had net investment income of $28,621,635 ($0.243 per common share).  From this amount, the Fund paid dividends on preferred shares of $74,518 (equal to less than $0.001 for each common share), resulting in net investment income after the preferred dividends of $28,547,117 or $0.243 per common share.  For the six months ended September 30, 2013, the Fund had net investment income of $57,651,062 ($0.490 per common share).  From this amount, the Fund paid dividends on preferred shares of $162,206 (equal to $0.001 for each common share), resulting in net investment income after the preferred dividends of $57,488,856 or $0.489 per common share.  In comparison, for the three months ended September 30, 2012, the Fund had net investment income of $31,765,428 ($0.270 per common share).  From this amount, the Fund paid dividends on preferred shares of $130,752 (equal to $0.001 for each common share), resulting in net investment income after the preferred dividends of $31,634,676 or $0.269 per common share.  For the six months ended September 30, 2012, the Fund had net investment income of $63,523,169 ($0.541 per common share).  From this amount, the Fund paid dividends on preferred shares of $250,380 (equal to $0.002 for each common share), resulting in net investment income after the preferred dividends of $63,272,789 or $0.539 per common share.

Net realized and unrealized gains for the three months ended September 30, 2013 were $8,762,606 ($0.067 per common share).  The Fund's net realized and unrealized losses for the six months ended September 30, 2013 were $45,957,709 ($0.399 per common share).  In comparison, net realized and unrealized gains for the three months ended September 30, 2012 were $35,432,302 ($0.295 per common share). The Fund's net realized and unrealized gains for the six months ended September 30, 2012 were $33,233,144 ($0.276 per common share).

On September 30, 2013, net assets of the Fund applicable to common shares were $1,921,291,631. The net asset value per common share on September 30, 2013 was $16.34 based on 117,547,018 common shares outstanding.  In comparison, on September 30, 2012, net assets of the Fund applicable to common shares were $1,965,811,487.  The net asset value per common share on September 30, 2012 was $16.74 based on 117,414,786 common shares outstanding. 

The Fund periodically makes performance data and certain information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds").  Fund portfolio holdings for the most recent calendar month-end are also posted to the website approximately 30 days following month-end. 

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $273.1 billion in assets as of September 30, 2013, 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

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