Eaton Vance High Income 2021 Target Term Trust - A High Yield Investment Opportunity
Are you tired of living paycheck to paycheck? Do you dream of a luxurious retirement on a yacht, sipping margaritas and watching the sunset? Well, you're in luck because Eaton Vance High Income 2021 Target Term Trust is here to help you achieve those dreams!
But wait, what even is Eaton Vance High Income 2021 Target Term Trust? It's only the most exciting investment opportunity of the year! This trust is designed to provide high income at a low risk, with a target maturity date of 2021. That means you can sit back, relax, and watch your money grow without worrying about market fluctuations.
Now, you might be thinking, But investing sounds so boring! Fear not, my friend, because Eaton Vance High Income 2021 Target Term Trust is anything but boring. With its diverse portfolio of bonds and senior loans, this trust is like a box of chocolates - you never know what you're going to get!
And let's talk about that high income for a minute. We're not talking chump change here, folks. This trust aims to provide a monthly distribution of 5.25% per annum on the original investment amount. That's right, you could be raking in the big bucks just by investing in Eaton Vance High Income 2021 Target Term Trust.
But wait, there's more! Not only does this trust offer a high income, but it also has a low expense ratio. That means more money in your pocket and less going towards fees and expenses. It's like getting a two-for-one deal at your favorite store!
Now, I know what you're thinking. This all sounds too good to be true. What's the catch? Well, my skeptical friend, there is no catch. Eaton Vance High Income 2021 Target Term Trust is a legitimate investment opportunity that has been carefully crafted to provide maximum benefit to its investors.
But don't just take my word for it. Do your own research and see for yourself why Eaton Vance High Income 2021 Target Term Trust is the talk of the town. With its high income, low risk, and diverse portfolio, it's no wonder that investors are flocking to this trust in droves.
So what are you waiting for? Don't let your dreams of retirement on a yacht slip away. Invest in Eaton Vance High Income 2021 Target Term Trust today and start living the life you've always wanted!
The Eaton Vance High Income 2021 Target Term Trust: A Serious Investment or Just a Fancy Name?
Investing in the stock market can be a daunting task for many, especially when you're trying to navigate through all the different financial products and investment opportunities out there. And if you're considering investing in the Eaton Vance High Income 2021 Target Term Trust, you might be wondering: is this a serious investment opportunity or just a fancy name?
What Is the Eaton Vance High Income 2021 Target Term Trust?
The Eaton Vance High Income 2021 Target Term Trust is a closed-end fund that invests in high-yield, high-risk debt securities. The fund's goal is to provide investors with a high level of current income while preserving capital by investing in a portfolio of fixed-income securities that will mature or be redeemed by the fund on or before December 31, 2021.
Basically, the fund is designed to give investors a steady stream of income for the next three years while minimizing the risk of losing their initial investment.
The Pros of Investing in the Eaton Vance High Income 2021 Target Term Trust
There are a few reasons why someone might consider investing in the Eaton Vance High Income 2021 Target Term Trust:
Steady Income
The fund's focus on high-yield, high-risk debt securities means that it can offer investors a higher level of current income than other fixed-income investments like bonds or CDs.
Low Risk
The fund's target term structure means that it has a defined end date, which can reduce the risk of principal loss. Additionally, the fund's investment strategy is designed to minimize the risk of default by focusing on securities that are likely to mature or be redeemed before the fund's end date.
Professional Management
The fund is managed by Eaton Vance Management, a well-respected investment management firm with over 90 years of experience. The firm's team of investment professionals has the expertise and resources to identify attractive investment opportunities and manage risk effectively.
The Cons of Investing in the Eaton Vance High Income 2021 Target Term Trust
Of course, no investment is without its drawbacks. Here are a few things to consider before investing in the Eaton Vance High Income 2021 Target Term Trust:
Limited Time Horizon
As the name suggests, the fund has a target term of just three years. While this can be appealing for investors looking for a short-term income stream, it may not be ideal for those who are looking to hold onto their investments for the long term.
High Risk
The fund's focus on high-yield, high-risk debt securities means that it is inherently more risky than other fixed-income investments. While the fund's investment strategy is designed to minimize the risk of default, there is still a chance that some of the securities in the portfolio could default, which could result in a loss of principal.
No Guarantees
Like all investments, there are no guarantees when it comes to the Eaton Vance High Income 2021 Target Term Trust. While the fund's investment strategy is designed to minimize risk and provide a steady income stream, there is always the possibility that the fund could underperform or even lose money.
Is the Eaton Vance High Income 2021 Target Term Trust Right for You?
So, is the Eaton Vance High Income 2021 Target Term Trust a serious investment opportunity or just a fancy name? The answer, as with most things in life, is: it depends.
If you're an investor who is looking for a short-term income stream and is comfortable with the higher risk associated with high-yield debt securities, then the Eaton Vance High Income 2021 Target Term Trust may be worth considering.
However, if you're looking for a more conservative fixed-income investment with a longer time horizon, then you may want to look elsewhere.
The Bottom Line
The Eaton Vance High Income 2021 Target Term Trust is a unique investment opportunity that offers investors a high level of current income while minimizing the risk of losing their initial investment. However, as with all investments, there are no guarantees, and investors should carefully consider their individual financial goals and risk tolerance before investing.
Ultimately, whether or not the Eaton Vance High Income 2021 Target Term Trust is right for you will depend on your individual financial situation and investment objectives. So, do your research, consult with a financial advisor if necessary, and make an informed decision based on your own needs and goals.
What's the Deal with This Trust?
If you're looking for a plan for your investments, Eaton Vance High Income 2021 Target Term Trust might be the friend you need. This trust invests in a portfolio of high-yield bonds that mature at the end of 2021. But there's more to it than just that!
But Wait, There's More!
That's right, this trust also has an option to extend for an additional year! It's like adding a bonus round to a game of Monopoly. Who doesn't love a good bonus round?
Target Term, Target Schmirm
Let's be honest, the name of this trust sounds fancy, but it's just referring to the maturity date of the bonds they're investing in.
High Income, High Hopes
Don't let the name fool you, high yield bonds come with higher risk. So, keep that in mind before you go all-in.
2021, Let's Hope for the Best
We all hope for a better year than 2020, and with this trust, you're essentially putting your money on the line for the end of 2021. No pressure, right?
To Trust or Not to Trust?
The decision to invest is ultimately up to you. If you're someone who likes a little risk for the potential of better returns, this could be a good option for you.
Investing 101: Term vs. Open-Ended Trusts
Not sure what the difference is between a term trust and an open-ended trust? A term trust has a predetermined end date, while an open-ended trust (like a mutual fund) doesn't have a specific end and can continue to add or remove investments.
2021: A Bond Odyssey
Investing can feel like a journey, and this trust is just one of the options along the way. It might not be as epic as Homer's Odyssey, but it's worth considering.
The Target Term Trust and the Chocolate Factory
Imagine Willy Wonka's factory, but instead of Oompa Loompas making candy, it's finance professionals managing a trust. Kind of takes the magic out of it, huh?
When in Doubt, Talk to a Pro
Investing can be intimidating, but there are people out there who can help you make informed decisions. Don't hesitate to reach out to a financial advisor or do your own research to ensure that Eaton Vance High Income 2021 Target Term Trust (or any investment) is the right fit for you.
In summary, Eaton Vance High Income 2021 Target Term Trust might be a good fit for investors looking for a plan with a predetermined end date and potential for higher yields. But as with any investment, it's important to do your research and talk to a professional before making any decisions. Happy investing!
The Adventures of Eaton Vance High Income 2021 Target Term Trust
Chapter 1: The Beginning
Once upon a time, in the world of investments, there was a trust called Eaton Vance High Income 2021 Target Term Trust. It was a young trust, full of energy and ready to take on the world. Its goal was to invest in high yielding debt securities and return the profits to its shareholders by the end of 2021.
As it started its journey, it met with many other trusts and funds. Some were friendly, while others were jealous of its potential success. But Eaton Vance High Income 2021 Target Term Trust kept marching forward, unfazed by the competition.
Chapter 2: The Challenges
As the trust progressed, it faced many challenges. The market was volatile, and the economy was uncertain. But Eaton Vance High Income 2021 Target Term Trust was determined to overcome them. It invested in a diverse portfolio of securities, including bonds, loans, and preferred stocks, to mitigate any risks.
However, one day, the trust faced a new challenge. A pandemic swept across the world, causing the markets to crash, and the economy to slow down. But Eaton Vance High Income 2021 Target Term Trust didn't lose hope. Instead, it saw an opportunity to buy high-quality securities at lower prices.
Chapter 3: The Triumph
As the pandemic subsided, the markets began to recover, and the economy started to pick up. Eaton Vance High Income 2021 Target Term Trust's strategy had paid off. It had bought securities at discounted prices, which had now appreciated in value. The trust had not only achieved its goal of investing in high-yielding securities but had also generated significant capital gains.
The shareholders were delighted with the trust's performance, and Eaton Vance High Income 2021 Target Term Trust had become a star in the world of investments. It had proven that with a sound strategy, determination, and a little bit of luck, anyone can succeed.
Eaton Vance High Income 2021 Target Term Trust: The Numbers
For those who love numbers, here's some information about Eaton Vance High Income 2021 Target Term Trust:
- Total Net Assets: $316.47 million (as of May 31, 2021)
- Annual Distribution Rate: 5.8%
- Inception Date: June 25, 2019
- Target Maturity Date: December 31, 2021
- Investment Objective: High current income and return of capital at maturity
So, if you're looking for a trust that has a sense of humor, determination, and a proven track record, look no further. Eaton Vance High Income 2021 Target Term Trust might just be the investment you've been waiting for.
Goodbye, Farewell, and Amen!
Well, well, well! It was great to have you here! I hope you enjoyed your stay on our blog. We talked about Eaton Vance High Income 2021 Target Term Trust, and I hope you got the information you needed.
Before you go, a quick reminder about the Trust; it is a closed-end fund that seeks current income with a secondary objective of capital appreciation. The Trust’s primary investments are in high-yield debt securities, and it has a target maturity date of December 31, 2021.
Now that you know that, let's get to the most important thing - saying goodbye!
I've had a blast writing this article, and I hope you had as much fun reading it. But before you start wondering if we'll ever see each other again, let me tell you this: You can always come back to this blog for more exciting news and articles!
We’ve covered everything from the history of Eaton Vance to the ins and outs of the Trust. We’ve even looked at the risks and rewards of investing in high-yield debt securities. Now, it's time to wave goodbye and take action.
If you’re considering investing in the Eaton Vance High Income 2021 Target Term Trust, do your due diligence. Make sure you understand the risks and rewards before making any decisions. And remember, past performance is not a guarantee of future results.
But don't worry, we're not going to end this goodbye with a bunch of heavy-hearted words. Instead, let's finish with some humor!
Did you hear about the banker who invested in the Eaton Vance High Income 2021 Target Term Trust? He lost his shirt, but he still had his tie!
And, did you hear about the investor who bought Eaton Vance High Income 2021 Target Term Trust and made a fortune? Neither have I!
Okay, okay, I know those jokes weren't that funny, but at least they made you smile. And that's what we're all about here - having fun while learning about investing.
So, it's time to say goodbye. Thank you for visiting our blog and for your interest in Eaton Vance High Income 2021 Target Term Trust. Remember to come back soon for more exciting news and articles!
Until next time, keep calm, invest wisely, and don't forget to laugh!
People Also Ask About Eaton Vance High Income 2021 Target Term Trust
What is Eaton Vance High Income 2021 Target Term Trust?
Eaton Vance High Income 2021 Target Term Trust is a closed-end fund that aims to provide high current income and return all of the fund's original net asset value (NAV) of $9.85 per common share to investors on or about December 31, 2021.
Is Eaton Vance High Income 2021 Target Term Trust a good investment?
Well, my dear friend, that depends on your financial goals and risk tolerance. If you're looking for a short-term investment with high current income, then this could be a good fit for you. However, if you're seeking long-term growth, you may want to look elsewhere.
How does Eaton Vance High Income 2021 Target Term Trust work?
The fund invests in a portfolio of high-yield debt securities and seeks to maintain a weighted average maturity of approximately one year. As the fund nears its termination date, it will gradually shift its investments towards cash and cash equivalents to ensure that investors receive their full NAV upon termination.
What are the risks associated with investing in Eaton Vance High Income 2021 Target Term Trust?
As with any investment, there are risks to consider. In the case of this fund, some potential risks include:
- Default risk: There is a possibility that one or more of the companies whose bonds the fund invests in may default on their obligations.
- Interest rate risk: If interest rates rise, the value of the fund's holdings may decline.
- Liquidity risk: There may be a limited market for the fund's investments, which could make it difficult to sell them if necessary.
What is the minimum investment for Eaton Vance High Income 2021 Target Term Trust?
The minimum initial investment for this fund is $1,000.
When will Eaton Vance High Income 2021 Target Term Trust terminate?
The fund is scheduled to terminate on or about December 31, 2021. So, mark your calendars!
Can I reinvest my dividends in Eaton Vance High Income 2021 Target Term Trust?
Yes, you can choose to reinvest your dividends in the fund through a dividend reinvestment plan (DRIP).
Is Eaton Vance High Income 2021 Target Term Trust a good name for a band?
Ha! Well, it's certainly unique. I suppose it depends on what kind of music the band plays. If they're into financial-themed rock, then it could be a winner.