Breaking News Bar

Business News and Information

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Feb. 26, 2021 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their February 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 February distribution.  It is not determinative of the tax character of a Fund's distributions for the 2021 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 February distribution and its cumulative distributions paid for its fiscal year through February 26, 2021, 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: 

February- 2021




Distribution Amount per Common Share: 

$0.0898




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

$0.0071

7.90%

$0.0242

5.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0314

35.00%

$0.0314

7.00%

Return of Capital or Other Capital Source(s)

$0.0513

57.10%

$0.3934

87.60%

Total per common share

$0.0898

100.00%

$0.4490

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

12.61%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

6.48%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


8.45%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

2.16%















































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




Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

0.0988




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%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0988

100.00%

$0.1976

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0988

100.00%

$0.1976

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

17.49%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

5.66%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


-0.73%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.47%











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




Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

$0.0760




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

$0.0041

5.40%

$0.0052

3.40%

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)

$0.0719

94.60%

$0.1468

96.60%

Total per common share

$0.0760

100.00%

$0.1520

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

9.05%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

9.13%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


-0.14%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.76%











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




Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

$0.1450




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

$0.0449

31.00%

$0.1940

33.50%

Net Realized Short-Term Capital Gains

$0.0508

35.00%

$0.0830

14.30%

Net Realized Long-Term Capital Gains

$0.0493

34.00%

$0.3030

52.20%

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 January 31, 2021 1

12.16%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

7.20%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


17.21%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

1.80%










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



Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

$0.1425




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

$0.0245

17.20%

$0.1032

18.10%

Net Realized Short-Term Capital Gains

$0.1180

82.80%

$0.4611

80.90%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0057

1.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1425

100.00%

$0.5700

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

14.04%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

6.46%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


20.21%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

1.62%











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




Distribution Period: 

February- 2021




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

$0.0057

5.30%

$0.0099

4.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1023

94.70%

$0.1830

84.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0231

10.70%

Total per common share

$0.1080

100.00%

$0.2160

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

8.46%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

9.02%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


-0.77%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.75%











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




Distribution Period: 

February- 2021




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

$0.0018

1.60%

$0.0027

1.20%

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)

$0.1090

98.40%

$0.2189

98.80%

Total per common share

$0.1108

100.00%

$0.2216

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

10.66%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

9.28%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


-0.27%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.77%











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




Distribution Period: 

February- 2021




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

$0.0063

7.50%

$0.0147

4.40%

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)

$0.0780

92.50%

$0.3225

95.6%

Total per common share

$0.0843

100.00%

$0.3372

100.0%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

11.64%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

8.04%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


10.70%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

2.01%










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



Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

$0.0727




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

$0.0039

5.40%

$0.0070

4.80%

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)

$0.0688

94.60%

$0.1384

95.20%

Total per common share

$0.0727

100.00%

$0.1454

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

8.80%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

8.59%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


-0.62%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.72%











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




Distribution Period: 

February- 2021




Distribution Amount per Common Share: 

$0.1025




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

$0.0479

46.70%

$0.1050

25.60%

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)

$0.0546

53.30%

$0.3050

74.40%

Total per common share

$0.1025

100.00%

$0.4100

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

12.17%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

6.40%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


21.06%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

1.60%










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



Distribution Period: 

February- 202




Distribution Amount per Common Share: 

$0.0616




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

$0.0007

1.10%

$0.0034

1.40%

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)

$0.0609

98.90%

$0.2430

98.60%

Total per common share

$0.0616

100.00%

$0.2464

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

10.55%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

8.05%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


15.90%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

2.01%











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




Distribution Period: 

February- 2021




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

$0.0002

0.30%

$0.0002

0.20%

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)

$0.0706

99.70%

$0.1414

99.80%

Total per common share

$0.0708

100.00%

$0.1416

100.00%






Average annual total return at NAV for the 5-year period ended on January 31, 2021 1

2.98%


Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2021 2

8.11%


Cumulative total return at NAV for the fiscal year through January 31, 2021 3


0.22%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2021 4

0.68%












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 January 31, 2021





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of January 31, 2021

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 January 31, 2021

   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 January 31, 2021 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of January 31, 2021


 

 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-301236501.html

SOURCE Eaton Vance Management

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
bottom clear