Eaton Vance Short Duration Diversified Income Fund Declares Early Monthly Distribution

BOSTON, Dec. 20, 2011 /PRNewswire/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG), a closed-end management investment company, today declared a monthly distribution of $0.09 per common share. The record date for the distribution is December 30, 2011, and the payable date is January 11, 2012. The ex-date is December 28, 2011.  The declaration, record and payment dates of the regular January distribution have been accelerated to allow the Fund to meet its 2011 distribution requirements for federal excise tax purposes.  The Fund expects to declare its next regular monthly distribution in the middle of February for payment at the end of February.

At this time the Fund believes that a portion of the January distributions may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at   http://funds.eatonvance.com.  The final determination of tax characteristics of each Fund's distribution will occur after the end of the year, at which time it will be reported to the shareholders.

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 $188.2 billion in assets as of October 31, 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

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