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News   Press Releases

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

ETV, EOI, ETW, ETJ, ETB, ETO, EVT, EOS, EVG, ETY, EXG | June 30, 2016

PR Newswire

BOSTON, June 30, 2016

BOSTON, June 30, 2016 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their June 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 June distribution.  It is not determinative of the tax character of a Fund's distributions for the 2016 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 June distribution and its cumulative distributions paid for its fiscal year through June 30, 2016, 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: 

June- 2016


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

$0.0119

13.80%

$0.0869

11.20%

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)

$0.0745

86.20%

$0.6907

88.80%

Total per common share

$0.0864

100.00%

$0.7776

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

9.01%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

7.65%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

6.70%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

5.10%





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


Distribution Period: 

June- 2016


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

$0.0008

0.90%

$0.0028

0.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0186

21.30%

$0.0186

3.60%

Return of Capital or Other Capital Source(s)

$0.0681

77.80%

$0.5036

95.90%

Total per common share

$0.0875

100.00%

$0.5250

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

10.27%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

7.55%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

-0.19%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

3.15%





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

Distribution Period: 

June- 2016


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

$0.0079

8.50%

$0.0477

8.60%

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)

$0.0851

91.50%

$0.5103

91.40%

Total per common share

$0.0930

100.00%

$0.5580

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

4.43%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

10.69%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

-1.77%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

4.45%





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


Distribution Period: 

June- 2016


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

$0.0450

50.10%

$0.4210

58.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0450

49.90%

$0.2990

41.50%

Total per common share

$0.0900

100.00%

$0.7200

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

3.00%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

7.20%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

2.38%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

4.20%





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


Distribution Period: 

June- 2016


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

$0.0643

44.40%

$0.8436

58.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0807

55.60%

$0.5510

38.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0554

3.80%

Total per common share

$0.1450

100.00%

$1.4500

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

9.93%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

8.19%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

7.13%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

6.14%





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

Distribution Period: 

June- 2016


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

$0.0727

40.40%

$0.4925

34.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1073

59.60%

$0.9475

65.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.4400

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

8.10%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

9.53%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

0.02%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

5.56%





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


Distribution Period: 

June- 2016


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

$0.0158

14.60%

$0.0966

14.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0287

26.60%

$0.1189

18.40%

Return of Capital or Other Capital Source(s)

$0.0635

58.80%

$0.4325

66.70%

Total per common share

$0.1080

100.00%

$0.6480

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

8.92%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

8.50%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

1.82%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

3.54%





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

Distribution Period: 

June- 2016


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

$0.0101

9.10%

$0.0559

8.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0447

40.30%

$0.1828

27.50%

Return of Capital or Other Capital Source(s)

$0.0560

50.60%

$0.4261

64.10%

Total per common share

$0.1108

100.00%

$0.6648

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

9.67%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

9.48%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

0.18%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

3.95%





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

Distribution Period: 

June- 2016


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

$0.0103

12.30%

$0.0668

9.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0708

10.50%

Return of Capital or Other Capital Source(s)

$0.0740

87.70%

$0.5368

79.60%

Total per common share

$0.0843

100.00%

$0.6744

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

8.60%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

8.92%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

-0.23%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

5.20%





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

Distribution Period: 

June- 2016


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

$0.0144

14.80%

$0.0689

11.80%

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)

$0.0829

85.20%

$0.5149

88.20%

Total per common share

$0.0973

100.00%

$0.5838

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

6.05%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

10.60%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

-0.22%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

4.42%





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

Distribution Period: 

June- 2016


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

$0.0191

23.50%

$0.1125

17.30%

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)

$0.0622

76.50%

$0.5379

82.70%

Total per common share

$0.0813

100.00%

$0.6504

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

6.16%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

10.47%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

0.29%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

6.11%





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

Distribution Period: 

June- 2016


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

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





Net Investment Income

$0.0210

7.10%

$0.0440

7.60%

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)

$0.2690

92.90%

$0.5360

92.40%

Total per common share

$0.2900

100.00%

$0.5800

100.00%





Average annual total return at NAV for the 5-year period ended on May 31, 2016 1

3.51%

Annualized current distribution rate expressed as a percentage of NAV as of May 31, 2016 2

8.43%

Cumulative total return at NAV for the fiscal year through May 31, 2016 3

-1.65%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of May 31, 2016 4

2.11%










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 May 31, 2016.

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of May 31, 2016.

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 May 31, 2016 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 May 31, 2016 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of May 31, 2016.

 

 

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-300292892.html

SOURCE Eaton Vance Management

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