BOSTON–(BUSINESS WIRE)–The Eaton Vance closed-end funds listed below released today the estimated sources of their October 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 October distribution. It is not determinative of the tax character of a Fund’s distributions for the 2023 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 October distribution and its cumulative distributions paid for its fiscal year through October 31, 2023, 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:

October- 2023

Distribution Amount per Common Share:

$0.1095

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

$0.0005

0.50%

$0.0005

0.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1090

99.50%

$0.1090

99.50%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1095

100.00%

$0.1095

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

7.64%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.31%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

19.71%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

8.31%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.1152

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

$0.1152

100.00%

$1.1520

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1152

100.00%

$1.1520

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

7.81%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

7.74%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

20.42%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

5.81%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0579

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

$0.0003

0.50%

$0.0151

2.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0576

99.50%

$0.3451

59.60%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.2188

37.80%

Total per common share

$0.0579

100.00%

$0.5790

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

5.62%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.44%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

9.92%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.33%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.1488

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

$0.0680

45.70%

$0.4428

24.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0808

54.30%

$1.3428

75.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1488

100.00%

$1.7856

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

6.65%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

7.85%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

2.66%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

7.19%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.1374

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

$0.1374

100.00%

$0.7914

48.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.8574

52.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1374

100.00%

$1.6488

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

7.59%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

7.02%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

14.31%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.43%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0932

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

$0.0065

7.00%

$0.0680

7.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0867

93.00%

$0.4996

53.60%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.3644

39.10%

Total per common share

$0.0932

100.00%

$0.9320

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

5.31%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.19%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

11.00%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.15%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0949

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

$0.0030

3.20%

$0.0323

3.40%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0919

96.80%

$0.3891

41.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.5276

55.60%

Total per common share

$0.0949

100.00%

$0.9490

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

5.11%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

9.05%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

11.27%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.79%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0805

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

$0.0089

11.00%

$0.0531

5.50%

Net Realized Short-Term Capital Gains

$0.0293

36.40%

$0.0650

6.70%

Net Realized Long-Term Capital Gains

$0.0423

52.60%

$0.8479

87.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0805

100.00%

$0.9660

100.0%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

7.38%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.12%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

12.93%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

7.44%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0582

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

$0.0111

19.10%

$0.0821

14.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0471

80.90%

$0.2933

50.40%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.2066

35.50%

Total per common share

$0.0582

100.00%

$0.5820

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

3.73%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.18%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

8.73%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.13%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.1001

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

$0.1001

100.00%

$0.8204

68.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.3808

31.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1001

100.00%

$1.2012

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

6.68%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

6.89%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

16.52%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

6.32%

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

Distribution Period:

October- 2023

Distribution Amount per Common Share:

$0.0553

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

$0.0163

29.50%

$0.0975

14.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0390

70.50%

$0.0703

10.60%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.4958

74.70%

Total per common share

$0.0553

100.00%

$0.6636

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2023 1

6.81%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2023 2

8.09%

Cumulative total return at NAV for the fiscal year through September 30, 2023 3

13.49%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2023 4

7.42%

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 September 30, 2023

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of September 30, 2023

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 September 30, 2023 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 September 30, 2023 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund’s NAV as of September 30, 2023

Contacts

Investor Contact: (800) 262-1122