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Eaton Vance Short Duration Diversified Income Fund Declares Early Monthly Distribution

^{Published on 2008-12-22 12:23:22, Last Modified on 2008-12-22 12:23:50 - Market Wire}
 

BOSTON--([ BUSINESS WIRE ])--Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG) (the "Fund"), a diversified closed-end management investment company, today declared a monthly distribution of $0.0975 per share. The distribution represents an acceleration in the declaration, record and payment dates of the Fund's regularly scheduled monthly distribution for January. The distribution is expected to be paid on January 7, 2009, to shareholders of record on December 31, 2008. The ex-date is December 29, 2008. The declaration, record and payment dates of the regular January distribution have been accelerated to allow the Fund to meet its 2008 distribution requirements for federal excise tax purposes. The Fund expects to declare its next regular monthly distribution in the middle of February for payment at the end of February.

At this time the Fund believes that a portion of the distribution may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at [ www.eatonvance.com/closed_end/tax_info.php ]. The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had $123.1 billion in assets under management as of October 31, 2008. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (800) 262-1122.