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Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

PRNewswire 28-Feb-2019 12:45 PM

BOSTON, Feb. 28, 2019 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their February 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 February distribution.  It is not determinative of the tax character of a Fund's distributions for the 2019 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 February distribution and its cumulative distributions paid for its fiscal year through February 28, 2019, 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: 

February- 2019


Distribution Amount per Common Share: 

$0.0898


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

$0.0080

8.90%

$0.0417

9.50%

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)

$0.0818

91.10%

$0.3971

90.50%

Total per common share

$0.0898

100.00%

$0.4388

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

8.30%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

7.54%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

-7.71%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

2.44%















 

 

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

Distribution Period: 

February- 2019


Distribution Amount per Common Share: 

$0.0988


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

$0.0543

55.00%

$0.1531

77.50%

Return of Capital or Other Capital Source(s)

$0.0445

45.00%

$0.0445

22.50%

Total per common share

$0.0988

100.00%

$0.1976

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

10.91%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

7.42%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

8.49%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

0.62%





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

Distribution Period: 

February- 2019


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

$0.0054

7.10%

$0.0111

7.30%

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)

$0.0706

92.90%

$0.1409

92.70%

Total per common share

$0.0760

100.00%

$0.1520

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

4.30%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

9.95%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

3.35%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

0.83%





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

Distribution Period: 

February- 2019


Distribution Amount per Common Share: 

$0.1450


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

$0.0458

31.60%

$0.1873

32.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0992

68.40%

$0.3927

67.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.5800

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

9.35%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

7.89%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

-0.63%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

1.97%

 

 

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

Distribution Period: 

February- 2019


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

$0.0265

14.70%

$0.1130

15.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.2153

29.90%

Return of Capital or Other Capital Source(s)

$0.1535

85.30%

$0.3917

54.40%

Total per common share

$0.1800

100.00%

$0.7200

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

7.07%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

10.00%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

-0.03%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

2.50%





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

Distribution Period: 

February- 2019


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

$0.0132

12.20%

$0.0270

12.50%

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)

$0.0948

87.80%

$0.1890

87.50%

Total per common share

$0.1080

100.00%

$0.2160

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

6.86%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

8.90%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

4.47%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

0.74%





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

Distribution Period: 

February- 2019


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

$0.0079

7.10%

$0.0162

7.30%

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)

$0.1029

92.90%

$0.2054

92.70%

Total per common share

$0.1108

100.00%

$0.2216

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

8.68%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

9.56%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

4.93%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

0.80%

 

 

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

Distribution Period: 

February- 2019


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

$0.0073

8.70%

$0.0293

8.70%

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)

$0.0770

91.30%

$0.3079

91.3%

Total per common share

$0.0843

100.00%

$0.3372

100.0%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

8.33%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

8.91%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

-2.09%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

2.23%





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

Distribution Period: 

February- 2019


Distribution Amount per Common Share: 

$0.0727


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

$0.0092

12.60%

$0.0185

12.70%

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)

$0.0635

87.40%

$0.1269

87.30%

Total per common share

$0.0727

100.00%

$0.1454

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

5.60%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

8.63%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

5.11%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

0.72%





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

Distribution Period: 

February- 2019


Distribution Amount per Common Share: 

$0.1025


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

$0.0188

18.30%

$0.0680

16.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0646

15.70%

Return of Capital or Other Capital Source(s)

$0.0837

81.70%

$0.2774

67.70%

Total per common share

$0.1025

100.00%

$0.4100

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

6.78%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

7.50%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

0.14%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

1.87%

 

 

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

Distribution Period: 

February- 2019


Distribution Amount per Common Share: 

$0.0616


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

$0.0057

9.30%

$0.0220

8.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0559

90.70%

$0.2532

92.00%

Total per common share

$0.0616

100.00%

$0.2752

100.00%





Average annual total return at NAV for the 5-year period ended on January 31, 2019 1

5.29%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2019 2

8.97%

Cumulative total return at NAV for the fiscal year through January 31, 2019 3

-0.10%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2019 4

2.59%















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 January 31, 2019



2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of January 31, 2019

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 January 31, 2019

   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 January 31, 2019 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of January 31, 2019

 

 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300804330.html

SOURCE Eaton Vance Management