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Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

 

BOSTON, Nov. 30, 2017 /PRNewswire/ -- 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 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 November distribution. It is not determinative of the tax character of a Fund's distributions for the 2017 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, 2017, 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- 2017




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

$0.0070

8.10%

$0.0150

8.70%

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)

$0.0794

91.90%

$0.1578

91.30%

Total per common share

$0.0864

100.00%

$0.1728

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

12.07%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

7.12%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

1.30%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

5.90%





































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




Distribution Period: 

November- 2017




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

$0.0000

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

$0.0000

0.00%

$0.2926

30.40%

Return of Capital or Other Capital Source(s)

$0.0875

100.00%

$0.6699

69.60%

Total per common share

$0.0875

100.00%

$0.9625

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

13.82%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

6.82%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

19.75%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

5.68%







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



Distribution Period: 

November- 2017




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

$0.0760

100.00%

$0.8700

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

$0.0760

100.00%

$0.8700

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

6.94%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

9.21%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

7.93%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

8.02%












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




Distribution Period: 

November- 2017




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

$0.0459

31.70%

$0.2409

55.40%

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)

$0.0991

68.30%

$0.1941

44.60%

Total per common share

$0.1450

100.00%

$0.4350

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

12.67%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

7.58%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

4.76%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

1.26%







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



Distribution Period: 

November- 2017




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

$0.0285

15.80%

$0.0285

15.80%

Net Realized Short-Term Capital Gains

$0.0050

2.80%

$0.0050

2.80%

Net Realized Long-Term Capital Gains

$0.1465

81.40%

$0.1465

81.40%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.1800

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

12.42%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

8.78%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

23.92%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

8.78%







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




Distribution Period: 

November- 2017




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

$0.0124

11.50%

$0.1366

11.50%

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)

$0.0956

88.50%

$1.0514

88.50%

Total per common share

$0.1080

100.00%

$1.1880

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

10.20%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

8.00%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

11.77%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

6.67%







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



Distribution Period: 

November- 2017




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

$0.0074

6.70%

$0.0812

6.70%

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)

$0.1034

93.30%

$1.1376

93.30%

Total per common share

$0.1108

100.00%

$1.2188

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

11.04%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

9.00%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

13.45%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

7.50%







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



Distribution Period: 

November- 2017




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

$0.0067

8.00%

$0.0067

8.00%

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)

$0.0776

92.00%

$0.0776

92.0%

Total per common share

$0.0843

100.00%

$0.0843

100.0%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

11.80%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

8.46%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

17.51%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

8.46%







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



Distribution Period: 

November- 2017




Distribution Amount per Common Share: 

$0.0910




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

$0.0130

14.30%

$0.1206

11.90%

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)

$0.0780

85.70%

$0.8930

88.10%

Total per common share

$0.0910

100.00%

$1.0136

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

8.95%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

9.50%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

16.52%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

8.02%







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



Distribution Period: 

November- 2017




Distribution Amount per Common Share: 

$0.0760




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

$0.0042

5.50%

$0.0042

5.50%

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)

$0.0718

94.50%

$0.0718

94.50%

Total per common share

$0.0760

100.00%

$0.0760

100.00%






Average annual total return at NAV for the 5-year period ended on October 31, 2017 1

9.21%


Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2017 2

9.70%


Cumulative total return at NAV for the fiscal year through October 31, 2017 3

16.88%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2017 4

9.93%

















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, 2017





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of October 31, 2017.

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, 2017

   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, 2017 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, 2017



 

View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300564533.html

SOURCE Eaton Vance Management

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