Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions – iCrowdNewswire
 
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Jan 1, 2018 11:29 AM ET

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

Disclosure NewswireTM

iCrowdNewswire - Jan 1, 2018

BOSTON,  — The Eaton Vance closed-end funds listed below released today the estimated sources of their December 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 December distribution.  It is not determinative of the tax character of a Fund’s distributions for the 2017 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 December distribution and its cumulative distributions paid for its fiscal year through December 31, 2017, 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: 

December- 2017

   

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

$0.0072

8.30%

$0.0220

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)

$0.0792

91.70%

$0.2372

91.50%

Total per common share

$0.0864

100.00%

$0.2592

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

12.50%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

6.94%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

4.50%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

1.16%

 
     
     
     

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

   

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.0875

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

December

   
     

Source

Current 
Distribution

% of Current Distribution

  

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%

$0.3906

37.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.6594

62.80%

Total per common share

$0.0875

100.00%

$1.0500

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

14.07%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

6.70%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

22.48%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

6.15%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.0760

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

December

   
     
     

Net Investment Income

$0.0760

100.00%

$0.9460

100.00%

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)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0760

100.00%

$0.9460

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

7.18%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

9.09%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

10.25%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

8.67%

 
     
     
     

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

   

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.1450

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

August

   
     
     

Net Investment Income

$0.0534

36.80%

$0.2942

50.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0916

63.20%

$0.2858

49.30%

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 November 30, 2017 1

13.33%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

7.40%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

7.87%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

1.85%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.1800

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

October

   
     
     

Net Investment Income

$0.0262

14.50%

$0.0547

15.20%

Net Realized Short-Term Capital Gains

$0.0005

0.30%

$0.0055

1.50%

Net Realized Long-Term Capital Gains

$0.1533

85.20%

$0.2998

83.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.3600

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

12.38%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

8.74%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

1.22%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

0.73%

 
     
     
     

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

   

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.1080

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

December

   
     
     

Net Investment Income

$0.0137

12.70%

$0.1503

11.60%

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)

$0.0943

87.30%

$1.1457

88.40%

Total per common share

$0.1080

100.00%

$1.2960

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

10.65%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

7.92%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

13.62%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

7.26%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.1108

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

December

   
     
     

Net Investment Income

$0.0082

7.40%

$0.0893

6.70%

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)

$0.1026

92.60%

$1.2403

93.30%

Total per common share

$0.1108

100.00%

$1.3296

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

11.56%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

8.88%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

15.76%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

8.14%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.0843

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

October

   
     
     

Net Investment Income

$0.0061

7.20%

$0.0128

7.60%

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)

$0.0782

92.80%

$0.1558

92.4%

Total per common share

$0.0843

100.00%

$0.1686

100.0%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

12.13%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

8.26%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

3.06%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

0.69%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.0910

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

December

   
     
     

Net Investment Income

$0.0290

31.90%

$0.1499

13.60%

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)

$0.0620

68.10%

$0.9547

86.40%

Total per common share

$0.0910

100.00%

$1.1046

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

9.18%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

9.43%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

18.25%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

8.75%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.0760

   

Distribution Frequency:

Monthly

   

Fiscal Year End:

October

   
     
     

Net Investment Income

$0.0041

5.40%

$0.0084

5.50%

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)

$0.0719

94.60%

$0.1436

94.50%

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 November 30, 2017 1

9.01%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

9.69%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

0.92%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

0.81%

 
     
     
     

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

  

Distribution Period: 

December- 2017

   

Distribution Amount per Common Share: 

$0.2900

   

Distribution Frequency:

Quarterly

   

Fiscal Year End:

December

   
     
     

Net Investment Income

$0.0240

8.20%

$0.1010

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)

$0.2660

91.80%

$1.0590

91.30%

Total per common share

$0.2900

100.00%

$1.1600

100.00%

     

Average annual total return at NAV for the 5-year period ended on November 30, 2017 1

0.58%

 

Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2017 2

9.90%

 

Cumulative total return at NAV for the fiscal year through November 30, 2017 3

-0.97%

 

Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2017 4

7.42%

 
     
     

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 November 30, 2017

    

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of November 30, 2017.

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 November 30, 2017

   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 November 30, 2017 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund’s NAV as of November 30, 2017

Contact Information:

Eaton Vance Management

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