EVT: This Fund Could Work Well For An Income Investor Seeking Diversification

Eaton Vance Tax-Advantaged Dividend Income Fund offers an 8.31% yield, primarily investing in U.S. dividend-paying equities with limited tech exposure. EVT's lower allocation to the "Magnificent 7" has supported capital preservation and outperformance versus peers and the S&P 500 during recent market weakness. Leverage and capital gains distributions enable EVT's high yield, while its net asset value has risen 11.55% over three years, supporting distribution sustainability.