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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 | December 30, 2015

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

December- 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

$0.0076

8.80%

$0.0230

8.90%

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)

$0.0788

91.20%

$0.2362

91.10%

Total per common share

$0.0864

100.00%

$0.2592

100.00%



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

11.22%

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

7.28%

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

7.78%

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

1.21%















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


Distribution Period: 

December- 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

$0.0195

22.30%

$0.1298

12.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0680

77.70%

$0.5482

52.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.3720

35.40%

Total per common share

$0.0875

100.00%

$1.0500

100.00%



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

12.77%

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

7.18%

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

7.73%

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

6.58%















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

Distribution Period: 

December- 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%

$1.1160

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%

$1.1160

100.00%



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

6.16%

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

9.79%

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

4.09%

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

8.97%















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


Distribution Period: 

December- 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

$0.0650

71.70%

$0.1340

74.30%

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)

$0.0250

28.30%

$0.0460

25.70%

Total per common share

$0.0900

100.00%

$0.1800

100.00%



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

3.29%

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

7.09%

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

-0.23%

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

0.59%















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


Distribution Period: 

December- 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

$0.0597

41.20%

$0.2355

40.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0853

58.80%

$0.3445

59.40%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.5800

100.00%



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

12.98%

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

7.99%

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

4.94%

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

2.00%















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

Distribution Period: 

December- 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

$0.0457

25.40%

$0.0904

25.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1343

74.60%

$0.2696

74.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.3600

100.00%



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

12.12%

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

9.02%

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

0.43%

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

0.75%















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


Distribution Period: 

December- 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

$0.0233

21.60%

$0.1998

15.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0847

78.40%

$0.3734

28.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.7228

55.80%

Total per common share

$0.1080

100.00%

$1.2960

100.00%



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

11.02%

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

8.23%

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

4.10%

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

7.54%















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

Distribution Period: 

December- 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

$0.0133

12.00%

$0.1093

8.20%

Net Realized Short-Term Capital Gains

$0.0256

23.10%

$0.0255

1.90%

Net Realized Long-Term Capital Gains

$0.0719

64.90%

$0.7908

59.50%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.4040

30.40%

Total per common share

$0.1108

100.00%

$1.3296

100.00%



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

11.99%

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

8.97%

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

8.42%

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

8.22%















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

Distribution Period: 

December- 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

$0.0064

7.60%

$0.0126

7.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0708

42.00%

Return of Capital or Other Capital Source(s)

$0.0779

92.40%

$0.0852

50.50%

Total per common share

$0.0843

100.00%

$0.1686

100.00%



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

11.18%

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

8.38%

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

1.25%

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

0.70%















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

Distribution Period: 

December- 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

$0.0196

20.10%

$0.1798

15.40%

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)

$0.0777

79.90%

$0.9878

84.60%

Total per common share

$0.0973

100.00%

$1.1676

100.00%



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

9.13%

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

9.85%

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

5.60%

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

9.03%















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

Distribution Period: 

December- 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

$0.0059

7.20%

$0.0120

7.40%

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)

$0.0754

92.80%

$0.1506

92.60%

Total per common share

$0.0813

100.00%

$0.1626

100.00%



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

9.15%

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

9.86%

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

0.59%

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

0.82%















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

Distribution Period: 

December- 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 5

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

Net Investment Income

$0.0230

7.90%

$0.0940

6.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.1570

10.40%

Return of Capital or Other Capital Source(s)

$0.2670

92.10%

$1.2590

83.40%

Total per common share

$0.2900

100.00%

$1.5100

100.00%



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

4.65%

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

8.08%

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

8.18%

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

6.06%










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 November 30, 2015.



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

5 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-300197927.html

SOURCE Eaton Vance Management

PR Newswire
December 30, 2015 - 2:49 PM EST

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