Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON–(BUSINESS WIRE)–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, 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 2024 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, 2024, 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:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1338

 

 

 

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

 

$0.0000

 

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

 

$0.1338

 

100.00%

 

$0.7908

 

100.00%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Total per common share

 

$0.1338

 

100.00%

 

$0.7908

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

13.03%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

6.96%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

24.13%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

3.48%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1523

 

 

 

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

 

$0.1269

 

83.30%

 

$0.1269

 

25.50%

Return of Capital or Other Capital Source(s)

 

$0.0254

 

16.70%

 

$0.3710

 

74.50%

Total per common share

 

$0.1523

 

100.00%

 

$0.4979

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

13.35%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

6.43%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

10.98%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

1.61%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.0651

 

 

 

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

 

$0.0651

 

100.00%

 

$0.2015

 

84.40%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0373

 

15.60%

Total per common share

 

$0.0651

 

100.00%

 

$0.2388

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

9.16%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

7.56%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

10.52%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

1.89%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1646

 

 

 

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

 

$0.0286

 

17.40%

 

$0.1408

 

15.50%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.1360

 

82.60%

 

$0.7678

 

84.50%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Total per common share

 

$0.1646

 

100.00%

 

$0.9086

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

10.97%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

6.78%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

26.23%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.82%

 

 

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

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1733

 

 

 

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

 

$0.0738

 

42.60%

 

$0.1775

 

20.60%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.0995

 

57.40%

 

$0.6828

 

79.40%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Total per common share

 

$0.1733

 

100.00%

 

$0.8603

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

12.55%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

5.95%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

25.75%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.48%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1058

 

 

 

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

 

$0.0052

 

4.90%

 

$0.0204

 

5.30%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.0894

 

84.50%

 

$0.0894

 

23.20%

Return of Capital or Other Capital Source(s)

 

$0.0112

 

10.60%

 

$0.2756

 

71.50%

Total per common share

 

$0.1058

 

100.00%

 

$0.3854

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

9.27%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

7.49%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

7.33%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

1.87%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.0993

 

 

 

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

 

$0.0024

 

2.40%

 

$0.0073

 

1.90%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.0192

 

19.40%

 

$0.0192

 

5.00%

Return of Capital or Other Capital Source(s)

 

$0.0777

 

78.20%

 

$0.3575

 

93.10%

Total per common share

 

$0.0993

 

100.00%

 

$0.3840

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

9.46%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

8.12%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

8.49%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.03%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.0992

 

 

 

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

 

$0.0000

 

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

 

$0.0992

 

100.0%

 

$0.5017

 

100.00%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Total per common share

 

$0.0992

 

100.00%

 

$0.5017

 

100.0%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

12.63%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

6.90%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

23.85%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.88%

 

 

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

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.0664

 

 

 

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

 

$0.0107

 

16.10%

 

$0.0340

 

14.10%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.0557

 

83.90%

 

$0.1139

 

47.30%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0931

 

38.60%

Total per common share

 

$0.0664

 

100.00%

 

$0.2410

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

7.39%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

7.45%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

5.80%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

1.86%

 

 

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

 

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.1293

 

 

 

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

 

$0.0604

 

46.70%

 

$0.1040

 

16.50%

Net Realized Short-Term Capital Gains

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Net Realized Long-Term Capital Gains

 

$0.0689

 

53.30%

 

$0.5258

 

83.50%

Return of Capital or Other Capital Source(s)

 

$0.0000

 

0.00%

 

$0.0000

 

0.00%

Total per common share

 

$0.1293

 

100.00%

 

$0.6298

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

12.16%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

5.81%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

26.67%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.42%

 

 

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

 

 

Distribution Period:

 

April- 2024

 

 

 

Distribution Amount per Common Share:

 

$0.0657

 

 

 

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

 

$0.0071

 

10.80%

 

$0.0263

 

7.70%

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)

 

$0.0586

 

89.20%

 

$0.3159

 

92.30%

Total per common share

 

$0.0657

 

100.00%

 

$0.3422

 

100.00%

 

 

 

 
 

Average annual total return at NAV for the 5-year period ended on March 31, 2024 1

 

11.03%

 

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2024 2

 

7.16%

 

Cumulative total return at NAV for the fiscal year through March 31, 2024 3

 

19.99%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2024 4

 

2.98%

 

 

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, 2024

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of March 31, 2024

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, 2024 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, 2024 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, 2024

 

Contacts

Investor Contact: (800) 262-1122