Eaton Vance Limited Duration Income Fund Report Of Earnings

         Eaton Vance Limited Duration Income Fund Report Of Earnings

PR Newswire

BOSTON, Dec. 12, 2013

BOSTON, Dec. 12, 2013 /PRNewswire/ --Eaton Vance Limited Duration Income Fund
(NYSE MKT: EVV) (the "Fund"), a closed-end management investment company,
today announced the earnings of the Fund for the three months and the six
months ended September 30, 2013. The Fund's fiscal year ends on March 31,
2014.

For the three months ended September 30, 2013, the Fund had net investment
income of $28,621,635 ($0.243 per common share). From this amount, the Fund
paid dividends on preferred shares of $74,518 (equal to less than $0.001 for
each common share), resulting in net investment income after the preferred
dividends of $28,547,117 or $0.243 per common share. For the six months ended
September 30, 2013, the Fund had net investment income of $57,651,062 ($0.490
per common share). From this amount, the Fund paid dividends on preferred
shares of $162,206 (equal to $0.001 for each common share), resulting in net
investment income after the preferred dividends of $57,488,856 or $0.489 per
common share. In comparison, for the three months ended September 30, 2012,
the Fund had net investment income of $31,765,428 ($0.270 per common share).
From this amount, the Fund paid dividends on preferred shares of $130,752
(equal to $0.001 for each common share), resulting in net investment income
after the preferred dividends of $31,634,676 or $0.269 per common share. For
the six months ended September 30, 2012, the Fund had net investment income of
$63,523,169 ($0.541 per common share). From this amount, the Fund paid
dividends on preferred shares of $250,380 (equal to $0.002 for each common
share), resulting in net investment income after the preferred dividends of
$63,272,789 or $0.539 per common share.

Net realized and unrealized gains for the three months ended September 30,
2013 were $8,762,606 ($0.067 per common share). The Fund's net realized and
unrealized losses for the six months ended September 30, 2013 were $45,957,709
($0.399 per common share). In comparison, net realized and unrealized gains
for the three months ended September 30, 2012 were $35,432,302 ($0.295 per
common share). The Fund's net realized and unrealized gains for the six months
ended September 30, 2012 were $33,233,144 ($0.276 per common share).

On September 30, 2013, net assets of the Fund applicable to common shares were
$1,921,291,631. The net asset value per common share on September 30, 2013 was
$16.34 based on 117,547,018 common shares outstanding. In comparison, on
September 30, 2012, net assets of the Fund applicable to common shares were
$1,965,811,487. The net asset value per common share on September 30, 2012
was $16.74 based on 117,414,786 common shares outstanding.

The Fund periodically makes performance data and certain information about
portfolio characteristics available on www.eatonvance.com (on the fund
information page under "Individual Investors – Closed-End Funds"). Fund
portfolio holdings for the most recent calendar month-end are also posted to
the website approximately 30 days following month-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance
Corp. (NYSE: EV), based in Boston, one of the oldest investment management
firms in the United States, with a history dating back to 1924. Eaton Vance
and its affiliates managed $273.1 billion in assets as of September 30, 2013,
offering individuals and institutions a broad array of investment strategies
and wealth management solutions. The Company's long record of providing
exemplary service and attractive returns through a variety of market
conditions has made Eaton Vance the investment manager of choice for many of
today's most discerning investors. For more information about Eaton Vance,
visit www.eatonvance.com.



EATON VANCE LIMITED DURATION INCOME FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                               Three Months Ended     Six Months Ended
                               September 30,          September 30,
                               2013          2012     2013        2012
Gross investment income        $36,552       $39,681  $73,186     $79,412
Operating expenses             (6,022)       (5,647)  (11,907)    (11,353)
Interest expense               (1,908)       (2,269)  (3,628)     (4,536)
     Net investment income     $28,622       $31,765  $57,651     $63,523
Net realized and unrealized
gains (losses)
 on investments               $8,763        $35,432  ($45,958)   $33,233
Preferred dividends paid from  (75)          (131)    (162)       (250)
net investment income
     Net increase
     (decrease) in net
     assets
      from operations         $37,310       $67,066  $11,531     $96,506
Earnings per Common Share
Outstanding
Gross investment income        $0.311        $0.338   $0.623      $0.677
Operating expenses             (0.052)       (0.048)  (0.102)     (0.097)
Interest expense               (0.016)       (0.020)  (0.031)     (0.039)
     Net investment income     $0.243        $0.270   $0.490      $0.541
Net realized and unrealized
gains (losses)
 on investments               $0.067        $0.295   ($0.399)    $0.276
Preferred dividends paid from  (0.000)  ^(1) (0.001)  (0.001)     (0.002)
net investment income
     Net increase
     (decrease) in net
     assets
      from operations         $0.310        $0.564   $0.090      $0.815
Net investment income          $0.243        $0.270   $0.490      $0.541
Preferred dividends paid from  (0.000)  ^(1) (0.001)  (0.001)     (0.002)
net investment income
Net investment income after    $0.243        $0.269   $0.489      $0.539
preferred dividends
Net Asset Value at September
30 (Common Share)
     Net assets (000)                                 $1,921,292  $1,965,811
     Shares outstanding                               117,547     117,415
     (000)
     Net asset value per                              $16.34      $16.74
     share outstanding
Market Value Summary
(Common Share)
     Market price on NYSE MKT                         $15.64      $16.98
     at September 30
     High market price (six months                    $17.67      $17.01
     ended September 30)
     Low market price (six months ended               $14.50      $15.69
     September 30)
(1) Amount is less than
$0.0005
Estimated net investment income per share, calculated on a federal income
tax basis, for the six months ended
September 30, 2013 and September 30, 2012, was $0.580 and
$0.619, respectively.



SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor Contact, (800) 262-1122