Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Feb. 28, 2017 /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 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 February 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 February distribution and its cumulative distributions paid for its fiscal year through February 28, 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 EOI




Distribution Period: 

February- 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

$0.0086

10.00%

$0.0445

10.30%

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)

$0.0778

90.00%

$0.3875

89.70%

Total per common share

$0.0864

100.00%

$0.4320

100.00%






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

11.10%


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

7.53%


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

4.35%


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

2.51%







Eaton Vance Enhanced Equity Income Fund II EOS




Distribution Period: 

February- 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%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0875

100.00%

$0.1750

100.00%

Total per common share

$0.0875

100.00%

$0.1750

100.00%






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

12.19%


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

7.41%


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

4.41%


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

0.62%







Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ



Distribution Period: 

February- 2017




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

$0.0064

6.90%

$0.0128

6.90%

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)

$0.0866

93.10%

$0.1732

93.10%

Total per common share

$0.0930

100.00%

$0.1860

100.00%






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

6.22%


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

11.13%


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

1.48%


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

0.93%







Eaton Vance Short Duration Diversified Income Fund EVG




Distribution Period: 

February- 2017




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

$0.0660

73.10%

$0.2850

79.30%

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)

$0.0240

26.90%

$0.0750

20.70%

Total per common share

$0.0900

100.00%

$0.3600

100.00%






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

3.83%


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

7.17%


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

2.11%


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

1.79%







Eaton Vance Tax-Advantaged Dividend Income Fund  EVT




Distribution Period: 

February- 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

$0.0864

59.60%

$0.4209

48.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.1613

18.50%

Net Realized Long-Term Capital Gains

$0.0586

40.40%

$0.2878

33.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.8700

100.00%






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

13.03%


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

7.89%


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

5.70%


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

3.29%







Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund  ETO



Distribution Period: 

February- 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

$0.0307

17.00%

$0.1270

17.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0237

3.30%

Net Realized Long-Term Capital Gains

$0.1493

83.00%

$0.5693

79.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.7200

100.00%






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

11.31%


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

9.60%


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

5.86%


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

2.40%







Eaton Vance Tax-Managed Buy-Write Income Fund ETB




Distribution Period: 

February- 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

$0.0136

12.60%

$0.0259

12.00%

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)

$0.0944

87.40%

$0.1901

88.00%

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, 2017 1

9.79%


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

8.29%


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

1.50%


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

0.69%







Eaton Vance Tax-Managed Buy-Write Opportunities Fund ETV



Distribution Period: 

February- 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

$0.0080

7.20%

$0.0155

7.00%

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)

$0.1028

92.80%

$0.2061

93.00%

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, 2017 1

10.22%


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

9.38%


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

1.70%


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

0.78%







Eaton Vance Tax-Managed Diversified Equity Income Fund ETY



Distribution Period: 

February- 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

$0.0078

9.20%

$0.0330

9.80%

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)

$0.0765

90.80%

$0.3042

90.20%

Total per common share

$0.0843

100.00%

$0.3372

100.00%






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

11.31%


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

8.77%


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

6.02%


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

2.19%







Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund ETW



Distribution Period: 

February- 2017




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

$0.0086

8.80%

$0.0165

8.50%

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)

$0.0887

91.20%

$0.1781

91.50%

Total per common share

$0.0973

100.00%

$0.1946

100.00%






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

7.63%


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

10.71%


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

2.69%


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

0.89%







Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG



Distribution Period: 

February- 2017




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

$0.0039

4.80%

$0.0185

5.70%

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)

$0.0774

95.20%

$0.3067

94.30%

Total per common share

$0.0813

100.00%

$0.3252

100.00%






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

8.67%


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

10.77%


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

4.47%


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

2.69%

















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, 2017





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



 

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-300415170.html

SOURCE Eaton Vance Management

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Press Releases
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!