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News   Press Releases

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

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

PR Newswire

BOSTON, Sept. 30, 2016

BOSTON, Sept. 30, 2016 /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 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 September distribution and its cumulative distributions paid for its fiscal year through September 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: 

September- 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

$0.0190

22.00%

$0.1286

12.40%

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)

$0.0674

78.00%

$0.9082

87.60%

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, 2016 1

11.50%

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

7.57%

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

10.04%

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

6.94%






























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


Distribution Period: 

September- 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

$0.0002

0.20%

$0.0002

0.10%

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)

$0.0873

99.80%

$0.7873

99.90%

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, 2016 1

12.91%

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

7.39%

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

3.99%

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

4.93%

















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

Distribution Period: 

September- 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

$0.0085

9.10%

$0.0719

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)

$0.0845

90.90%

$0.7651

91.40%

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, 2016 1

5.74%

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

10.82%

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

-0.20%

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

7.22%





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


Distribution Period: 

September- 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

$0.0470

52.20%

$0.5770

58.30%

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)

$0.0430

47.80%

$0.4130

41.70%

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, 2016 1

3.71%

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

7.19%

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

4.56%

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

5.99%





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


Distribution Period: 

September- 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

$0.0816

56.30%

$0.0816

56.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0634

43.70%

$0.0634

43.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.1450

100.00%





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

13.51%

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

8.05%

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

11.25%

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

8.05%





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

Distribution Period: 

September- 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

$0.0923

51.30%

$0.7366

37.20%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0877

48.70%

$1.2434

62.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.9800

100.00%





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

11.45%

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

9.55%

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

2.26%

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

7.96%





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


Distribution Period: 

September- 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

$0.0145

13.40%

$0.1421

14.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0935

86.60%

$0.3010

31.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.5289

54.40%

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, 2016 1

11.83%

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

8.41%

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

5.13%

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

5.61%





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

Distribution Period: 

September- 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

$0.0087

7.80%

$0.0837

8.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1021

92.20%

$0.2379

23.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.6756

67.70%

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, 2016 1

12.45%

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

9.46%

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

2.77%

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

6.31%





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

Distribution Period: 

September- 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

$0.0132

15.70%

$0.1001

10.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0708

7.60%

Return of Capital or Other Capital Source(s)

$0.0711

84.30%

$0.7564

81.60%

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, 2016 1

11.68%

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

8.85%

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

2.96%

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

7.38%





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

Distribution Period: 

September- 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

$0.0139

14.30%

$0.1121

12.80%

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)

$0.0834

85.70%

$0.7636

87.20%

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, 2016 1

9.05%

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

10.58%

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

2.79%

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

7.05%





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

Distribution Period: 

September- 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

$0.0244

30.00%

$0.1771

19.80%

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)

$0.0569

70.00%

$0.7172

80.20%

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, 2016 1

9.02%

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

10.60%

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

1.77%

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

8.84%





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

Distribution Period: 

September- 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

$0.0190

6.50%

$0.0640

7.30%

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)

$0.2710

93.50%

$0.8060

92.70%

Total per common share

$0.2900

100.00%

$0.8700

100.00%





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

4.49%

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

8.51%

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

-0.29%

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

4.26%










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, 2016.



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of August 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 August 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 August 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 August 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-300337447.html

SOURCE Eaton Vance Management

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