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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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 November 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 November 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 November distribution and its cumulative distributions paid for its fiscal year through November 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:

  

November- 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

  

$0.0208

 

15.50%

 

$0.0209

 

7.80%

  

Net Realized Long-Term Capital Gains

  

$0.1130

 

84.50%

 

$0.2467

 

92.20%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Total per common share

  

$0.1338

 

100.00%

 

$0.2676

 

100.00%

  
           

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

  

14.03%

    

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

  

8.00%

    

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

    

-0.33%

    

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

  

0.67%

    
           
           
           
           
           
           
           
           
           

 

  

 

  

 

  

 

  

 

  

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

        

Distribution Period:

  

November- 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

  

$0.0000

 

0.00%

 

$0.8927

 

57.10%

  

Return of Capital or Other Capital Source(s)

  

$0.1523

 

100.00%

 

$0.6713

 

42.90%

  

Total per common share

  

$0.1523

 

100.00%

 

$1.5640

 

100.00%

  
           

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

  

14.30%

    

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

  

8.14%

    

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

    

21.83%

    

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

  

6.29%

    
           

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

        

Distribution Period:

  

November- 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%

 

$0.3139

 

45.20%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.3806

 

54.80%

  

Total per common share

  

$0.0651

 

100.00%

 

$0.6945

 

100.00%

  
           

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

  

10.84%

    

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

  

8.10%

    

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

    

22.16%

    

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

  

6.52%

    
           

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

        

Distribution Period:

  

November- 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

  

$0.0267

 

16.20%

 

$0.0267

 

16.20%

  

Net Realized Short-Term Capital Gains

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Net Realized Long-Term Capital Gains

  

$0.1379

 

83.80%

 

$0.1379

 

83.80%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Total per common share

  

$0.1646

 

100.00%

 

$0.1646

 

100.00%

  
           

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

  

9.74%

    

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

  

7.51%

    

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

    

32.28%

    

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

  

7.21%

    
           

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

      

Distribution Period:

  

November- 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

  

$0.0069

 

4.00%

 

$0.0069

 

4.00%

  

Net Realized Short-Term Capital Gains

  

$0.0915

 

52.80%

 

$0.0915

 

52.80%

  

Net Realized Long-Term Capital Gains

  

$0.0749

 

43.20%

 

$0.0749

 

43.20%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Total per common share

  

$0.1733

 

100.00%

 

$0.1733

 

100.00%

  
           

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

  

11.34%

    

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

  

7.50%

    

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

    

31.88%

    

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

  

6.85%

    
           

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

        

Distribution Period:

  

November- 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

  

$0.0036

 

3.4%

 

$0.0518

 

4.6%

  

Net Realized Short-Term Capital Gains

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Net Realized Long-Term Capital Gains

  

$0.1022

 

96.6%

 

$0.5638

 

50.1%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.5104

 

45.3%

  

Total per common share

  

$0.1058

 

100.00%

 

$1.1260

 

100.00%

  
           

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

  

9.40%

    

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

  

8.31%

    

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

    

15.65%

    

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

  

6.68%

    
           

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

        

Distribution Period:

  

November- 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

  

$0.0013

 

1.30%

 

$0.0242

 

2.20%

  

Net Realized Short-Term Capital Gains

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Net Realized Long-Term Capital Gains

  

$0.0980

 

98.70%

 

$0.6000

 

55.60%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.4549

 

42.20%

  

Total per common share

  

$0.0993

 

100.00%

 

$1.0791

 

100.00%

  
           

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

  

9.77%

    

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

  

8.24%

    

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

    

17.85%

    

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

  

6.78%

    
           

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

        

Distribution Period:

  

November- 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

  

$0.0694

 

69.90%

 

$0.0694

 

69.90%

  

Net Realized Long-Term Capital Gains

  

$0.0298

 

30.10%

 

$0.0298

 

30.10%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Total per common share

  

$0.0992

 

100.00%

 

$0.0992

 

100.00%

  
           

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

  

13.85%

    

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

  

7.98%

    

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

    

38.59%

    

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

  

7.36%

    
           

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

      

Distribution Period:

  

November- 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

  

$0.0000

 

0.00%

 

$0.1447

 

20.50%

  

Net Realized Short-Term Capital Gains

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Net Realized Long-Term Capital Gains

  

$0.0664

 

100.00%

 

$0.5397

 

76.50%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0214

 

3.00%

  

Total per common share

  

$0.0664

 

100.00%

 

$0.7058

 

100.00%

  
           

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

  

7.31%

    

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

  

8.57%

    

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

    

11.04%

    

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

  

6.88%

    
           

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

        

Distribution Period:

  

November- 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

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Net Realized Short-Term Capital Gains

  

$0.0358

 

27.70%

 

$0.0358

 

27.70%

  

Net Realized Long-Term Capital Gains

  

$0.0935

 

72.30%

 

$0.0935

 

72.30%

  

Return of Capital or Other Capital Source(s)

  

$0.0000

 

0.00%

 

$0.0000

 

0.00%

  

Total per common share

  

$0.1293

 

100.00%

 

$0.1293

 

100.00%

  
           

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

  

11.43%

    

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

  

7.57%

    

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

    

31.90%

    

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

  

6.85%

    
           

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

 

  

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

      

Distribution Period:

  

November- 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

  

$0.0014

 

2.20%

 

$0.0014

 

2.20%

  

Net Realized Short-Term Capital Gains

  

$0.0161

 

24.50%

 

$0.0161

 

24.50%

  

Net Realized Long-Term Capital Gains

  

$0.0000

 

0.0%

 

$0.0000

 

0.0%

  

Return of Capital or Other Capital Source(s)

  

$0.0482

 

73.30%

 

$0.0482

 

73.30%

  

Total per common share

  

$0.0657

 

100.00%

 

$0.0657

 

100.00%

  
           

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

  

10.48%

    

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

  

8.57%

    

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

    

25.78%

    

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

  

8.00%

    
           
           
           

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 October 31, 2024

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

 

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