Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

EOI, EOS, ETJ, EVT, ETO, ETG, ETV, ETB, ETY, ETW

The Eaton Vance closed-end funds listed below released today the estimated sources of their November 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, 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 November distribution. It is not determinative of the tax character of a Fund’s distributions for the 2022 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 November distribution and its cumulative distributions paid for its fiscal year through November 30, 2022, 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:

November- 2022

Distribution Amount per Common Share:

$0.1095

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

$0.0045

4.10%

$0.0115

5.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0389

17.70%

Return of Capital or Other Capital Source(s)

$0.1050

95.90%

$0.1686

77.00%

Total per common share

$0.1095

100.00%

$0.2190

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

8.59%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

8.56%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

7.65%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.27%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.1152

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

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.1863

12.50%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.7505

50.40%

Return of Capital or Other Capital Source(s)

$0.1152

100.00%

$0.5514

37.10%

Total per common share

$0.1152

100.00%

$1.4882

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

8.39%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

10.13%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-26.10%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

8.44%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0579

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

$0.0030

5.10%

$0.0308

3.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.5684

69.50%

Return of Capital or Other Capital Source(s)

$0.0549

94.90%

$0.2187

26.70%

Total per common share

$0.0579

100.00%

$0.8179

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

5.96%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

11.15%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-14.16%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.29%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.1488

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

8.60%

$0.0128

8.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1360

91.40%

$0.1360

91.40%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1488

100.00%

$0.1488

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

8.65%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

8.19%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-10.19%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

8.19%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.1374

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

$0.0112

8.10%

$0.0112

8.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0938

68.30%

$0.0938

68.30%

Return of Capital or Other Capital Source(s)

$0.0324

23.60%

$0.0324

23.60%

Total per common share

$0.1374

100.00%

$0.1374

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

6.34%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

9.78%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-23.80%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.78%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0932

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

$0.0116

12.40%

$0.0777

6.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0780

6.70%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.8050

68.60%

Return of Capital or Other Capital Source(s)

$0.0816

87.60%

$0.2125

18.10%

Total per common share

$0.0932

100.00%

$1.1732

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

4.57%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

9.85%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-13.98%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

8.21%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0949

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

$0.0084

8.90%

$0.0421

3.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.1468

12.20%

Return of Capital or Other Capital Source(s)

$0.0865

91.10%

$1.0140

84.30%

Total per common share

$0.0949

100.00%

$1.2029

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

5.71%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

10.80%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-17.38%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.00%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0805

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

$0.0038

4.70%

$0.0038

4.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0075

9.30%

$0.0075

9.30%

Return of Capital or Other Capital Source(s)

$0.0692

86.00%

$0.0692

86.0%

Total per common share

$0.0805

100.00%

$0.0805

100.0%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

7.82%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

9.81%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-13.55%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.81%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0582

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

$0.0131

22.50%

$0.0929

11.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0838

10.70%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.4563

58.10%

Return of Capital or Other Capital Source(s)

$0.0451

77.50%

$0.1522

19.40%

Total per common share

$0.0582

100.00%

$0.7852

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

2.56%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

10.63%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-18.62%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

8.86%

Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.1001

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%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0934

93.30%

$0.0934

93.30%

Return of Capital or Other Capital Source(s)

$0.0067

6.70%

$0.0067

6.70%

Total per common share

$0.1001

100.00%

$0.1001

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

5.15%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

9.74%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-22.92%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

9.74%

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

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0553

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

$0.0037

6.60%

$0.0037

6.60%

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)

$0.0516

93.40%

$0.0516

93.40%

Total per common share

$0.0553

100.00%

$0.0553

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

5.67%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

10.59%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-17.25%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

10.59%

Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)

Distribution Period:

November- 2022

Distribution Amount per Common Share:

$0.0708

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

$0.0035

4.90%

$0.0078

1.00%

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)

$0.0673

95.10%

$0.7710

99.00%

Total per common share

$0.0708

100.00%

$0.7788

100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2022 1

3.19%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2022 2

9.19%

Cumulative total return at NAV for the fiscal year through October 31, 2022 3

-17.94%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2022 4

7.66%

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 October 31, 2022

2

The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of October 31, 2022.

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 October 31, 2022 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 October 31, 2022 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of October 31, 2022.