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Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

PRNewswire 29-Jun-2018 9:52 AM

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

PR Newswire

BOSTON, June 29, 2018

BOSTON, June 29, 2018 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their June 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 June 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 June distribution and its cumulative distributions paid for its fiscal year through June 29, 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: 

June- 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

$0.0071

8.20%

$0.0599

7.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0793

91.80%

$0.5871

75.50%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.1306

16.80%

Total per common share

$0.0864

100.00%

$0.7776

100.00%





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

10.70%

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

6.92%

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

8.59%

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

4.61%



































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


Distribution Period: 

June- 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%

$0.5250

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%

$0.5250

100.00%





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

13.71%

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

6.31%

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

8.43%

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

2.63%





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

Distribution Period: 

June- 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

$0.0043

5.60%

$0.0216

4.70%

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)

$0.0717

94.40%

$0.4344

95.30%

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 May 31, 2018 1

5.71%

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

9.38%

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

0.46%

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

3.91%










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


Distribution Period: 

June- 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

$0.0483

33.30%

$0.5931

40.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.7395

51.00%

Return of Capital or Other Capital Source(s)

$0.0967

66.70%

$0.1174

8.10%

Total per common share

$0.1450

100.00%

$1.4500

100.00%





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

10.52%

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

7.60%

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

9.12%

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

5.70%





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

Distribution Period: 

June- 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

$0.0367

20.40%

$0.2578

17.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1433

79.60%

$1.1822

82.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$1.4400

100.00%





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

9.74%

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

8.97%

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

2.96%

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

5.23%





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


Distribution Period: 

June- 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

$0.0121

11.20%

$0.0687

10.60%

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)

$0.0959

88.80%

$0.5793

89.40%

Total per common share

$0.1080

100.00%

$0.6480

100.00%





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

8.64%

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

8.23%

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

-0.39%

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

3.43%





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

Distribution Period: 

June- 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

$0.0068

6.10%

$0.0372

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)

$0.1040

93.90%

$0.6276

94.40%

Total per common share

$0.1108

100.00%

$0.6648

100.00%





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

10.61%

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

8.90%

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

3.31%

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

3.71%





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

Distribution Period: 

June- 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

$0.0062

7.30%

$0.0459

6.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0749

88.90%

$0.1012

15.00%

Return of Capital or Other Capital Source(s)

$0.0032

3.80%

$0.5273

78.2%

Total per common share

$0.0843

100.00%

$0.6744

100.0%





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

10.67%

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

8.33%

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

6.61%

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

4.86%





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

Distribution Period: 

June- 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

$0.0120

13.20%

$0.0606

11.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0209

23.00%

$0.0209

3.80%

Return of Capital or Other Capital Source(s)

$0.0581

63.80%

$0.4645

85.10%

Total per common share

$0.0910

100.00%

$0.5460

100.00%





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

8.12%

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

9.82%

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

-0.15%

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

4.09%





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

Distribution Period: 

June- 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

$0.0091

12.00%

$0.0517

8.50%

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)

$0.0669

88.00%

$0.5563

91.50%

Total per common share

$0.0760

100.00%

$0.6080

100.00%





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

7.98%

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

9.95%

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

3.30%

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

5.80%





Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (NYSE:EXD)

Distribution Period: 

June- 2018


Distribution Amount per Common Share: 

$0.1600


Distribution Frequency:

Quarterly


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

$0.0230

14.50%

$0.0500

11.20%

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)

$0.1370

85.50%

$0.4000

88.80%

Total per common share

$0.1600

100.00%

$0.4500

100.00%





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

0.82%

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

10.87%

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

-4.03%

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

2.72%










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 May 31, 2018



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






 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300674644.html

SOURCE Eaton Vance Management

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