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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 | September 30, 2015

BOSTON, Sept. 30, 2015 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their September 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 September 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 September distribution and its cumulative distributions paid for its fiscal year through September 30, 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: 

September- 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

$0.0349

40.30%

$0.2358

22.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0515

59.70%

$0.6204

59.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.1806

17.50%

Total per common share

$0.0864

100.00%

$1.0368

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

12.06%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

7.49%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

1.74%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

6.86%















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


Distribution Period: 

September- 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

$0.0136

15.50%

$0.0822

10.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0739

84.50%

$0.4549

57.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.2504

31.80%

Total per common share

$0.0875

100.00%

$0.7875

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

13.79%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

7.44%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

2.02%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

4.96%





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

Distribution Period: 

September- 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%

$0.8370

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%

$0.8370

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

6.03%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

9.82%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

1.00%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

6.54%





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

Distribution Period: 

September- 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

$0.0000

0.00%

$0.5860

59.30%

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)

$0.0900

100.00%

$0.4040

40.70%

Total per common share

$0.0900

100.00%

$0.9900

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

3.88%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

6.93%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

0.84%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

5.78%





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

Distribution Period: 

September- 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

$0.0595

41.00%

$0.0595

41.00%

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)

$0.0855

59.00%

$0.0855

59.00%

Total per common share

$0.1450

100.00%

$0.1450

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

13.99%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

8.20%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

-0.67%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

6.82%





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

Distribution Period: 

September- 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

$0.1307

72.60%

$0.8969

45.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0493

27.40%

$1.0831

54.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.9800

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

12.87%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

9.35%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

-0.93%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4 5

7.79%





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


Distribution Period: 

September- 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

$0.0167

15.40%

$0.1390

14.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0913

84.60%

$0.2358

24.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.5972

61.40%

Total per common share

$0.1080

100.00%

$0.9720

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

11.57%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

8.43%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

-0.44%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

5.62%





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

Distribution Period: 

September- 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

$0.0088

7.90%

$0.0760

7.60%

Net Realized Short-Term Capital Gains

$0.0300

27.10%

$0.1194

12.00%

Net Realized Long-Term Capital Gains

$0.0583

52.60%

$0.6365

63.80%

Return of Capital or Other Capital Source(s)

$0.0137

12.40%

$0.1653

16.60%

Total per common share

$0.1108

100.00%

$0.9972

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

12.59%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

9.26%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

2.70%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

6.17%





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

Distribution Period: 

September- 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

$0.0270

32.00%

$0.1855

20.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0573

68.00%

$0.7418

80.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0843

100.00%

$0.9273

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

11.71%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

8.62%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

2.34%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

7.19%





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

Distribution Period: 

September- 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

$0.0169

17.40%

$0.1243

14.20%

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)

$0.0804

82.60%

$0.7514

85.80%

Total per common share

$0.0973

100.00%

$0.8757

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

10.15%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

9.90%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

2.43%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

6.60%





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

Distribution Period: 

September- 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

$0.0154

19.00%

$0.1136

12.70%

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)

$0.0659

81.00%

$0.7807

87.30%

Total per common share

$0.0813

100.00%

$0.8943

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

9.49%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

10.06%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

-0.62%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

8.38%





Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (NYSE: EXD)

Distribution Period: 

September- 2015

Distribution Amount per Common Share: 

$0.2900


Distribution Frequency:

Quarterly


Fiscal Year End:

December







Source

Current
Distribution

% of Current
Distribution

Cumulative
Distributions for the
Fiscal Year-to-Date 6

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

Net Investment Income

$0.0220

7.60%

$0.0710

5.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1180

40.80%

$0.1790

14.70%

Return of Capital or Other Capital Source(s)

$0.1500

51.60%

$0.9700

79.50%

Total per common share

$0.2900

100.00%

$1.2200

100.00%



Average annual total return at NAV for the 5-year period ended on August 31, 2015 1

3.91%

Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2015 2

7.94%

Cumulative total return at NAV for the fiscal year through August 31, 2015 3

7.57%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2015 4

3.97%










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 August 31, 2015.



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of August 31, 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 August 31, 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 August 31, 2015 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of August 31, 2015.

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

6 Cumulative includes dividend paid on January 2, 2015.


 

 

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-300151796.html

SOURCE Eaton Vance Management

PR Newswire
September 30, 2015 - 1:25 PM EDT

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