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Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

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Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

PR Newswire

BOSTON, July 31, 2018 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their July 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 July distribution.  It is not determinative of the tax character of a Fund's distributions for the 2018 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 July distribution and its cumulative distributions paid for its fiscal year through July 31, 2018, 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: 

July- 2018




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

$0.0090

10.40%

$0.0691

8.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0774

89.60%

$0.6463

74.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.1486

17.20%

Total per common share

$0.0864

100.00%

$0.8640

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

11.15%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

6.94%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


8.85%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

5.21%





































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




Distribution Period: 

July- 2018




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

$0.0875

100.00%

$0.6125

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0875

100.00%

$0.6125

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

14.28%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

6.31%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


9.06%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

3.15%







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



Distribution Period: 

July- 2018




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

$0.0046

6.10%

$0.0262

4.90%

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)

$0.0714

93.90%

$0.5058

95.10%

Total per common share

$0.0760

100.00%

$0.5320

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

6.18%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

9.42%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


0.85%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

4.71%












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




Distribution Period: 

July- 2018




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

$0.0722

49.80%

$0.6656

41.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0728

50.20%

$0.9294

58.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$1.5950

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

11.28%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

7.60%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


9.81%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

6.34%







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



Distribution Period: 

July- 2018




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

$0.0484

26.90%

$0.3062

18.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1316

73.10%

$1.3138

81.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.6200

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

10.54%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

9.08%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


2.58%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

6.05%







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




Distribution Period: 

July- 2018




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

$0.0117

10.80%

$0.0809

10.70%

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)

$0.0963

89.20%

$0.6751

89.30%

Total per common share

$0.1080

100.00%

$0.7560

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

8.90%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

8.24%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


0.23%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

4.12%







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



Distribution Period: 

July- 2018




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

$0.0063

5.70%

$0.0434

5.60%

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)

$0.1045

94.30%

$0.7322

94.40%

Total per common share

$0.1108

100.00%

$0.7756

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

10.92%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

8.93%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


3.73%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

4.46%







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



Distribution Period: 

July- 2018




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

$0.0075

8.90%

$0.0531

7.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0754

89.50%

$0.1768

23.30%

Return of Capital or Other Capital Source(s)

$0.0014

1.60%

$0.5288

69.7%

Total per common share

$0.0843

100.00%

$0.7587

100.0%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

11.18%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

8.35%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


7.09%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

5.57%







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



Distribution Period: 

July- 2018




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

$0.0119

13.10%

$0.0726

11.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0550

60.40%

$0.0758

11.90%

Return of Capital or Other Capital Source(s)

$0.0241

26.50%

$0.4886

76.70%

Total per common share

$0.0910

100.00%

$0.6370

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

8.36%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

9.89%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


-0.07%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

4.95%







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




Distribution Period: 

July- 2018




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

$0.0538

52.50%

$0.4843

52.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0487

47.50%

$0.4382

47.50%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1025

100.00%

$0.9225

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

10.48%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

6.90%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


2.65%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

4.60%


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



Distribution Period: 

July- 2018




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

$0.0100

13.10%

$0.0616

9.00%

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)

$0.0660

86.90%

$0.6224

91.00%

Total per common share

$0.0760

100.00%

$0.6840

100.00%






Average annual total return at NAV for the 5-year period ended on June 30, 2018 1

8.41%


Annualized current distribution rate expressed as a percentage of NAV as of June 30, 2018 2

10.04%


Cumulative total return at NAV for the fiscal year through June 30, 2018 3


3.15%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of June 30, 2018 4

6.70%

















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 June 30, 2018





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of June 30, 2018

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 June 30, 2018

   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 June 30, 2018 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of May 31, 2018



 

 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300689312.html

SOURCE Eaton Vance Management

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