Eaton Vance Limited Duration Income Fund

Eaton Vance Limited Duration Income Fund is an AMEX listed security that has been trading in a range between $17.03 and $19.00 over the past year. With 112,288,500 shares outstanding, a recent price of $17.45 gives a total market capitalization of $1,923,501,911. While there are certainly larger companies, Eaton Vance Limited Duration Income Fund has definitely earned its place in the pack. Last year, Eaton Vance Limited Duration Income Fund created $1.61 in earnings for every share outstanding.

Eaton Vance Limited Duration Income Fund is currently priced by the market at 10.60 times last year’s earnings. Many trading multiples around the world are quite attractive these days, but don’t be fooled. A Price to Earnings ratio of 0 simply means that the security didn’t make any money last year.

With a share price under $50 a share and earnings per share in excess of $1 a share, Eaton Vance Limited Duration Income Fund could be an interesting value proposition.