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News   Press Releases

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

EOI, EOS, ETJ, EVG, EVT, ETO, ETV, ETB, ETY, ETW, EXG | July 31, 2015

BOSTON, July 31, 2015 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their July distributions (each a "Fund").  This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.  The Board of Trustees has approved the implementation of the Plan to make monthly or quarterly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the July distribution.  It is not determinative of the tax character of a Fund's distributions for the 2015 calendar year. Shareholders should note that each Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.

IMPORTANT DISCLOSURE: You should not draw any conclusions about each Fund's investment performance from the amount of this distribution or from the terms of each Fund's Plan.  Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in each Fund is paid back to you. A return of capital distribution does not necessarily reflect each Fund's investment performance and should not be confused with 'yield' or 'income.'  The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.  The actual amounts and sources of the amounts for accounting and/or tax reporting purposes will depend upon each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following tables set forth estimates of the sources of each Fund's July distribution and its cumulative distributions paid for its fiscal year through July 31, 2015, and information relating to each Fund's performance based on its net asset value (NAV) for certain periods.

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)


Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0864


Distribution Frequency:

Monthly


Fiscal Year End:

September







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0350

40.50%

$0.1676

19.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0051

5.90%

$0.4775

55.30%

Return of Capital or Other Capital Source(s)

$0.0463

53.60%

$0.2189

25.30%

Total per common share

$0.0864

100.00%

$0.8640

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

13.25%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

7.09%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

6.03%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

5.32%





Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)


Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0875


Distribution Frequency:

Monthly


Fiscal Year End:

December







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0137

15.60%

$0.0554

9.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.2930

47.80%

Return of Capital or Other Capital Source(s)

$0.0738

84.40%

$0.2641

43.20%

Total per common share

$0.0875

100.00%

$0.6125

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

14.83%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

7.11%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

5.36%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

3.55%





Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0930


Distribution Frequency:

Monthly


Fiscal Year End:

December







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0930

100.00%

$0.6510

100.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0930

100.00%

$0.6510

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

6.43%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

9.45%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

3.08%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

4.72%





Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0900


Distribution Frequency:

Monthly


Fiscal Year End:

October







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0340

37.60%

$0.5820

71.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0560

62.40%

$0.2280

28.20%

Total per common share

$0.0900

100.00%

$0.8100

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

4.39%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

6.76%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

2.04%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

4.51%





Eaton Vance Tax-Advantaged Dividend Income Fund  (NYSE: EVT)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.1450


Distribution Frequency:

Monthly


Fiscal Year End:

August







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0668

46.10%

$0.7362

56.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0782

53.90%

$0.5668

43.50%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$1.3030

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

16.58%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

6.22%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

3.09%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

5.18%





Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund  (NYSE: ETO)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.1800


Distribution Frequency:

Monthly


Fiscal Year End:

October







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.1103

61.30%

$0.6496

40.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0697

38.70%

$0.9704

59.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.6200

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

14.60%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

8.82%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

3.42%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4 5

5.88%





Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)


Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.1080


Distribution Frequency:

Monthly


Fiscal Year End:

December







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0173

16.10%

$0.1057

14.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0907

83.90%

$0.6503

86.00%

Total per common share

$0.1080

100.00%

$0.7560

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

13.44%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

8.04%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

2.94%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

4.02%





Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.1108


Distribution Frequency:

Monthly


Fiscal Year End:

December







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0086

7.80%

$0.0587

7.60%

Net Realized Short-Term Capital Gains

$0.0030

2.70%

$0.0122

1.60%

Net Realized Long-Term Capital Gains

$0.0214

19.30%

$0.4612

59.40%

Return of Capital or Other Capital Source(s)

$0.0778

70.20%

$0.2435

31.40%

Total per common share

$0.1108

100.00%

$0.7756

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

14.32%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

8.88%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

5.47%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

4.44%





Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0843


Distribution Frequency:

Monthly


Fiscal Year End:

October







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0276

32.70%

$0.1316

17.30%

Net Realized Short-Term Capital Gains

$0.0017

2.10%

$0.0354

4.70%

Net Realized Long-Term Capital Gains

$0.0550

65.20%

$0.5917

78.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0843

100.00%

$0.7587

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

13.30%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

8.22%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

5.80%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

5.48%





Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0973


Distribution Frequency:

Monthly


Fiscal Year End:

December







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0162

16.70%

$0.0899

13.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0811

83.30%

$0.5912

86.80%

Total per common share

$0.0973

100.00%

$0.6811

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

12.28%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

9.46%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

5.44%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

4.73%





Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)

Distribution Period: 

July- 2015


Distribution Amount per Common Share: 

$0.0813


Distribution Frequency:

Monthly


Fiscal Year End:

October







Source

Current
Distribution

% of Current Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date

Net Investment Income

$0.0128

15.70%

$0.0849

11.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0685

84.30%

$0.6468

88.40%

Total per common share

$0.0813

100.00%

$0.7317

100.00%



Average annual total return at NAV for the 5-year period ended on June 30, 2015 1

11.60%

Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2015 2

9.55%

Cumulative total return at NAV for the fiscal year through June 30, 2015 3

2.93%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2015 4

6.36%





1 Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended  

  on June 30, 2015.



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of June 30, 2015.

3 Cumulative total return at NAV is the percentage change in the Fund's NAV for the period from the beginning of its fiscal year to June 30, 2015 

   including distributions paid and assuming reinvestment of those distributions.



4 Cumulative fiscal year distribution rate for the period from the beginning of its fiscal year to June 30, 2015 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of June 30, 2015.

5 Does not include the capital gain of $0.971 paid on 1/13/15.


 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300121869.html

SOURCE Eaton Vance Management

PR Newswire
July 31, 2015 - 10:12 AM EDT

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