Eaton Vance Limited Duration Income Fund (EVV)
Competitors to Eaton Vance Limited Duration Income Fund (EVV)
BlackRock Taxable Municipal Bond Trust BBN +0.24%
BlackRock Taxable Municipal Bond Trust concentrates on taxable municipal bonds, competing with Eaton Vance by targeting investors interested in both income and potential capital appreciation. Their strategy may appeal more to institutional investors seeking diversified fixed-income investments with tax benefits. BlackRock's extensive resources and global outreach provide it with a competitive advantage over Eaton Vance in terms of brand recognition and market reach.
Franklin Limited Duration Income Fund
Franklin Limited Duration Income Fund competes directly with Eaton Vance by offering a similar focus on limited duration fixed-income investments. Both funds aim to provide investors with a level of protection from rising interest rates. However, Franklin Templeton boasts a long history in asset management coupled with strong brand loyalty among its client base, which may translate to a competitive advantage over Eaton Vance.
Invesco Bond Fund VBF -0.35%
Invesco Bond Fund offers a broad range of fixed-income securities, similar to Eaton Vance Limited Duration Income Fund, but with a focus on a more diverse array of bond types. This includes investment-grade and high-yield bonds, providing potential for higher returns. The flexibility in investment strategy and Invesco’s strong marketing capabilities potentially give it an edge in attracting and retaining investors.
Nuveen Enhanced Municipal Value Fund
The Nuveen Enhanced Municipal Value Fund focuses on investing in tax-exempt municipal bonds, similar to Eaton Vance's focus on income generation through its limited duration strategy. Both funds aim to deliver income while managing interest rate risk, appealing to investors seeking tax-efficient income solutions. However, Nuveen leverages its strong reputation in municipal finance and has a broader array of municipal bond funds, providing a competitive advantage in terms of investor trust and diverse offerings.
PIMCO Income Fund
PIMCO Income Fund competes by offering a diversified fixed-income approach with a focus on active management to adapt to changing market conditions, appealing to investors looking for professional management. Eaton Vance Limited Duration Income Fund differentiates itself with a specific focus on duration management to mitigate interest rate risk, which provides a unique selling proposition. However, PIMCO's higher assets under management and extensive expertise in the fixed-income space give it a competitive advantage.