Seeking Alpha News (Fri, 3-May 9:55 AM ET)
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund declares $0.1733 dividend
Seeking Alpha News (Thu, 2-May 11:11 AM ET)
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
Business Wire (Wed, 1-May 4:00 PM ET)
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
Business Wire (Tue, 30-Apr 4:00 PM ET)
The Fund’s investment objective is to provide a high level of after-tax total return. The Fund invests primarily in global dividend-paying common and preferred stocks and seeks to distribute a high level of divided income that qualifies for favorable federal income tax treatment. The Fund employs a value style, and may emphasize investments in common stocks of issuers whose business are related to “hard assets,” such as energy, other natural resources during periods of high inflation or rising concerns about inflation.
Ev Tax-Advantage Global Dividend Opp trades on the NYSE stock market under the symbol ETO.
As of May 6, 2024, ETO stock price climbed to $24.73 with 35,665 million shares trading.
ETO has a beta of 1.11, meaning it tends to be more sensitive to market movements. ETO has a correlation of 0.83 to the broad based SPY ETF.
ETO has a market cap of $405.28 million. This is considered a Small Cap stock.
In the last 3 years, ETO stock traded as high as $34.68 and as low as $19.57.
ETO stock has underperformed the market in the last year with a return of +19.9%, while SPY returned +27.9%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ETO shares. However, ETO has outperformed the market in the last 3 month and 2 week periods, returning +4.6% and +6.1%, while SPY returned +4.5% and +4.0%, respectively. This indicates ETO has been having a stronger performance recently.
ETO support price is $24.19 and resistance is $24.83 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ETO stock will trade within this expected range on the day.