Eaton Vance Short Duration Diversified Income Fund Declares Monthly Distribution

BOSTON, July 15  /PRNewswire-FirstCall/ -- Eaton Vance Short Duration Diversified Income Fund (NYSE:EVG), a closed-end management investment company, today declared a monthly distribution of $0.09 per common share. As portfolio and market conditions change, the rate of future distributions may change. The distribution is expected to be paid on July 31, 2009, to shareholders of record on July 24, 2009.  The ex-date is July 22, 2009.

At this time the Fund believes that a portion of the July 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   individuals.eatonvance.com.  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. (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 $136.3 billion in assets as of June 30, 2009, offering individuals and institutions a broad array of investment products 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 http://www.eatonvance.com/. 

DATASOURCE: Eaton Vance Management



CONTACT:  Eaton Vance Investor Contact, [phone]



Web Site:  http://www.eatonvance.com/ 

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