Is Eaton Vance Ltd Duration Income Fund (EVV) Halal?
Shariah Screening — 5 Standards
Based on financial data from March 2025
| Standard | Debt Ratio | Cash Ratio | Receivables | Income | Status |
|---|---|---|---|---|---|
| AAOIFI | Excluded — Asset Management | ✗ NOT HALAL | |||
| DJIM | Excluded — Asset Management | ✗ NOT HALAL | |||
| MSCI | Excluded — Asset Management | ✗ NOT HALAL | |||
| S&P | Excluded — Asset Management | ✗ NOT HALAL | |||
| FTSE | Excluded — Asset Management | ✗ NOT HALAL | |||
Financial Highlights
Profitability
| Gross Margin | 100.0% | |
| Operating Margin | 87.6% | |
| Net Margin | 56.6% | |
| Return on Equity (ROE) | 5.4% | |
| Return on Assets (ROA) | 3.4% |
Cash Flow & Balance Sheet
| Operating Cash Flow | $10M |
| Free Cash Flow | $10M |
| Total Debt | $553M |
| Debt-to-Equity | 39.7 |
| Current Ratio | 0.2 |
| Total Assets | $2.1B |
Price & Trading
| Last Close | $9.15 |
| 50-Day MA | $9.73 |
| 200-Day MA | $10.01 |
| Avg Volume | 318K |
| Beta | 0.7 |
|
52-Week Range
$8.81
| |
About Eaton Vance Ltd Duration Income Fund (EVV)
Eaton Vance Limited Duration Income Fund is a closed-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income markets of the United States. It primarily invests in senior, secured floating-rate loans, government agency mortgage-backed securities, and corporate bonds that are rated below investment grade. The fund seeks to maintain an average duration of three and a half years and average quality BBB/BBB- in its investments. It benchmarks the performance of its portfolio against the S&P/LSTA Leveraged Loan Index, the Merrill Lynch U.S. High Yield Index, and the Barclays Capital U.S. Intermediate Government Bond Index. Eaton Vance Limited Duration Income Fund was formed on May 30, 2003 and is domiciled in the United States.
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Frequently Asked Questions
Is Eaton Vance Ltd Duration Income Fund (EVV) halal to invest in?
Based on our screening using AAOIFI Standard 21 (the strictest methodology), Eaton Vance Ltd Duration Income Fund is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.
What is Eaton Vance Ltd Duration Income Fund's debt ratio?
Eaton Vance Ltd Duration Income Fund's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.
What are Eaton Vance Ltd Duration Income Fund's key financial metrics?
Eaton Vance Ltd Duration Income Fund has a market capitalization of $1.0B, trailing P/E ratio of 13.3, and revenue of $102M. The company maintains a gross margin of 100.0% and a net margin of 56.6%. Return on equity stands at 5.4%.
How often is the screening data updated?
Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.
Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.