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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

PRNewswire 30-Apr-2018 11:43 AM

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

PR Newswire

BOSTON, April 30, 2018

BOSTON, April 30, 2018 /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 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 April distribution and its cumulative distributions paid for its fiscal year through April 30, 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: 

April- 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

$0.0060

7.00%

$0.0454

7.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0804

93.00%

$0.3218

53.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.2376

39.30%

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, 2018 1

10.80%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

7.01%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

5.98%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

3.51%



































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


Distribution Period: 

April- 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

$0.0253

28.90%

$0.0637

18.20%

Net Realized Long-Term Capital Gains

$0.0622

71.10%

$0.2863

81.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0875

100.00%

$0.3500

100.00%





Average annual total return at NAV for the 5-year period ended on March 31, 2018 1

13.10%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

6.61%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

2.38%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

1.65%





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

Distribution Period: 

April- 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

$0.0033

4.40%

$0.0130

4.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0727

95.60%

$0.2910

95.70%

Total per common share

$0.0760

100.00%

$0.3040

100.00%





Average annual total return at NAV for the 5-year period ended on March 31, 2018 1

5.54%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

9.45%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

-1.86%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

2.36%










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


Distribution Period: 

April- 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

$0.0515

35.50%

$0.4942

42.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0935

64.50%

$0.6658

57.40%

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, 2018 1

11.08%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

7.60%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

7.78%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

4.43%





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

Distribution Period: 

April- 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

$0.0369

20.50%

$0.1804

16.70%

Net Realized Short-Term Capital Gains

$0.0140

7.80%

$0.0140

1.30%

Net Realized Long-Term Capital Gains

$0.1291

71.70%

$0.8856

82.00%

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, 2018 1

10.50%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

8.96%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

1.66%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

3.73%





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


Distribution Period: 

April- 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

$0.0114

10.60%

$0.0445

10.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0966

89.40%

$0.3875

89.70%

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, 2018 1

8.41%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

8.40%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

-3.69%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

2.10%





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

Distribution Period: 

April- 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

$0.0060

5.40%

$0.0235

5.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0763

68.90%

$0.0763

17.20%

Return of Capital or Other Capital Source(s)

$0.0285

25.70%

$0.3434

77.50%

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, 2018 1

9.93%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

9.20%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

-1.56%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

2.30%





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

Distribution Period: 

April- 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

$0.0053

6.30%

$0.0334

6.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0497

58.90%

$0.0497

9.80%

Return of Capital or Other Capital Source(s)

$0.0293

34.80%

$0.4227

83.6%

Total per common share

$0.0843

100.00%

$0.5058

100.0%





Average annual total return at NAV for the 5-year period ended on March 31, 2018 1

10.59%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

8.47%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

3.49%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

3.53%





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

Distribution Period: 

April- 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

$0.0108

11.90%

$0.0368

10.10%

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)

$0.0802

88.10%

$0.3272

89.90%

Total per common share

$0.0910

100.00%

$0.3640

100.00%





Average annual total return at NAV for the 5-year period ended on March 31, 2018 1

8.08%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

9.77%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

-1.23%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

2.44%





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

Distribution Period: 

April- 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

$0.0078

10.30%

$0.0328

7.20%

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)

$0.0682

89.70%

$0.4232

92.80%

Total per common share

$0.0760

100.00%

$0.4560

100.00%





Average annual total return at NAV for the 5-year period ended on March 31, 2018 1

7.95%

Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2018 2

9.96%

Cumulative total return at NAV for the fiscal year through March 31, 2018 3

1.50%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2018 4

4.15%















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, 2018



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of March 31, 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 March 31, 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 March 31, 2018 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, 2018






 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300639100.html

SOURCE Eaton Vance Management

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