Eaton Vance Limited Duration Income Fund (EVV)

16.19 +0.06  +0.37%  May 29, 11:05AM Go Pro
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Eaton Vance Limited Duration Income Fund Net PP&E

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About Net PP&E

Net PP&E is short for Net Property Plant and Equipment. Property Plant and Equipment is the value of all buildings, land, furniture, and other physical capital that a business has purchased to run its business. The term "Net" means that it is "Net" of accumulated depreciation expenses.

For example, assume that a company buys a building worth $1,000,000, along with $50,000 of furniture. Their Net PP&E at the moment of purchase is $1,050,000.

Each year, however, the company must depreciate the value of that PP&E to account for the fact that it will wear out an need to be fixed or re-purchased in the future. Assume that in the first year, the company depreciates the building and furniture by $105,000 (or 10% of the original value). Then, at the end of the year, its Net PP&E is:

$1,050,000 - $105,000 = $945,000

As the company buys more PP&E, the value of its Net PP&E will increase, and as time passes, the value will decrease according to depreciation expenses.
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EVV News

$EVV filed latest Proxy Statement with the SEC (Form DEF 14A) http://stks.co/1Ets
about 189 days ago by MarketBrief

Recent Quotes

Symbol Price Chg Chg % Market Cap
EVV 16.19 +0.06 +0.37%
EVT 15.84 +0.13 +0.83%
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ESSA 10.41 +0.01 +0.10% 126.07M
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