Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, April 28, 2017 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their April 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 April 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 April distribution and its cumulative distributions paid for its fiscal year through April 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 EOI




Distribution Period: 

April- 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

$0.0085

9.80%

$0.0617

10.20%

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)

$0.0779

90.20%

$0.5431

89.80%

Total per common share

$0.0864

100.00%

$0.6048

100.00%






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

10.64%


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

7.35%


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


8.33%


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

3.67%





































Eaton Vance Enhanced Equity Income Fund II EOS




Distribution Period: 

April- 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

$0.0033

3.80%

$0.0033

1.00%

Net Realized Long-Term Capital Gains

$0.0426

48.70%

$0.0942

26.90%

Return of Capital or Other Capital Source(s)

$0.0416

47.50%

$0.2525

72.10%

Total per common share

$0.0875

100.00%

$0.3500

100.00%






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

11.72%


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

7.23%


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


8.36%


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

1.81%







Eaton Vance Risk-Managed Diversified Equity Income Fund ETJ



Distribution Period: 

April- 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%

$0.3380

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%

$0.3380

100.00%






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

6.20%


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

9.12%


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


3.03%


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

2.62%







Eaton Vance Short Duration Diversified Income Fund EVG




Distribution Period: 

April- 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

$0.0765

100.00%

$0.4712

89.50%

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)

$0.0000

0.00%

$0.0553

10.50%

Total per common share

$0.0765

100.00%

$0.5265

100.00%






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

4.21%


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

7.09%


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


4.52%


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

2.95%







Eaton Vance Tax-Advantaged Dividend Income Fund  EVT




Distribution Period: 

April- 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

$0.0784

54.10%

$0.5788

49.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.1206

10.40%

Net Realized Long-Term Capital Gains

$0.0666

45.90%

$0.4606

39.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$1.1600

100.00%






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

12.06%


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

7.80%


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


8.48%


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

4.55%







Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund  ETO



Distribution Period: 

April- 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

$0.0370

20.60%

$0.1939

18.00%

Net Realized Short-Term Capital Gains

$0.0073

4.10%

$0.0348

3.20%

Net Realized Long-Term Capital Gains

$0.1357

75.30%

$0.8513

78.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.0800

100.00%






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

10.85%


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

9.40%


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


9.83%


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

3.92%







Eaton Vance Tax-Managed Buy-Write Income Fund ETB




Distribution Period: 

April- 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

$0.0129

11.90%

$0.0522

12.10%

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)

$0.0951

88.10%

$0.3798

87.90%

Total per common share

$0.1080

100.00%

$0.4320

100.00%






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

9.39%


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

8.22%


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


3.75%


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

2.06%







Eaton Vance Tax-Managed Buy-Write Opportunities Fund ETV



Distribution Period: 

April- 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%

$0.0306

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)

$0.1034

93.30%

$0.4126

93.10%

Total per common share

$0.1108

100.00%

$0.4432

100.00%






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

9.75%


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

9.28%


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


4.28%


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

2.32%







Eaton Vance Tax-Managed Diversified Equity Income Fund ETY



Distribution Period: 

April- 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

$0.0076

9.00%

$0.0486

9.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0619

73.40%

$0.1376

27.20%

Return of Capital or Other Capital Source(s)

$0.0148

17.60%

$0.3196

63.20%

Total per common share

$0.0843

100.00%

$0.5058

100.00%






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

10.84%


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

8.65%


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


9.22%


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

3.60%







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



Distribution Period: 

April- 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

$0.0110

12.10%

$0.0369

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)

$0.0800

87.90%

$0.3397

90.20%

Total per common share

$0.0910

100.00%

$0.3766

100.00%






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

7.39%


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

9.88%


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


5.90%


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

2.58%







Eaton Vance Tax-Managed Global Diversified Equity Income Fund EXG



Distribution Period: 

April- 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

$0.0066

8.70%

$0.0291

6.10%

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)

$0.0694

91.30%

$0.4481

93.90%

Total per common share

$0.0760

100.00%

$0.4772

100.00%






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

8.13%


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

10.00%


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


7.08%


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

4.40%

















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 March 31, 2017





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of March 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 March 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 March 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 March 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-300448097.html

SOURCE Eaton Vance Management

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