EVT trades at one of the most attractive discounts in a decade

Closed‑end fund EVT — the Eaton Vance Tax‑Advantaged Dividend Income Fund — is currently trading at one of its widest discounts to net asset value (NAV) in years, marking a potentially compelling entry point for income‑seeking investors. Analysts highlight that the fund’s discount is well below its historical average, while its distribution yield remains in the 8 %+ range, making the setup particularly notable. The fund holds a portfolio heavily tilted toward dividend‑paying equities, with supplementary exposure to fixed income. The wide discount reflects investor caution—given macro uncertainty and the fund’s 20 %+ leverage—but proponents argue that if sentiment improves or the discount narrows, EVT could deliver meaningful upside in addition to its income stream. That said, risks persist: the leverage magnifies volatility, and sector concentration (notably financials) creates sensitivity to regulatory or interest‐rate shocks. Investors need to assess their comfort with these dynamics before jumping in. #IncomeInvesting #ClosedEndFunds #EVTDiscount #TaxEfficientYield #SlimScan #GrowthStocks #CANSLIM