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BOSTON—Derek DiGregorio, a portfolio manager at Eaton (NYSE:ETN) Vance Tax-Advantaged Dividend Income Fund (NYSE:EVT), has increased his stake in the $1.74 billion fund. On March 20, DiGregorio purchased 350 common shares at a price of $18.585 each, totaling $6,504. This transaction boosts his direct ownership to 1,350 shares. The fund, currently trading near its 52-week low, offers investors an attractive 8.43% dividend yield and has maintained dividend payments for 23 consecutive years, according to InvestingPro data.
Additionally, DiGregorio holds an indirect interest of 3,146.771 shares, attributed to his spouse. This recent acquisition reflects the manager’s continued investment in the fund, which focuses on providing tax-advantaged income to its investors. Unlock comprehensive dividend analysis and 7 additional key insights about EVT with InvestingPro.
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