Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

30 Oct, 2015, 15:03 ET from Eaton Vance Management

BOSTON, Oct. 30, 2015 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their October 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 October distribution.  It is not determinative of the tax character of a Fund's distributions for the 2015 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 October distribution and its cumulative distributions paid for its fiscal year through October 31, 2015, 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: 

October- 2015




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

$0.0077

8.90%

$0.0077

8.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0787

91.10%

$0.0787

91.10%

Total per common share

$0.0864

100.00%

$0.0864

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

10.07%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

7.74%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-0.86%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

7.74%



























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




Distribution Period: 

October- 2015




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

$0.0135

15.40%

$0.0957

10.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.3918

44.80%

Return of Capital or Other Capital Source(s)

$0.0740

84.60%

$0.3875

44.30%

Total per common share

$0.0875

100.00%

$0.8750

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

11.65%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

7.69%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-0.70%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

5.77%










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



Distribution Period: 

October- 2015




Distribution Amount per Common Share: 

$0.0930




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

$0.0930

100.00%

$0.9300

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

$0.0930

100.00%

$0.9300

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

5.17%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

10.12%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-1.10%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

7.59%










Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)




Distribution Period: 

October- 2015




Distribution Amount per Common Share: 

$0.0900




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%

$0.5860

54.40%

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)

$0.0900

100.00%

$0.4940

45.60%

Total per common share

$0.0900

100.00%

$1.0800

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

3.64%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

7.01%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

0.43%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

6.42%










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




Distribution Period: 

October- 2015




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

$0.0586

40.40%

$0.1180

40.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0864

59.60%

$0.1720

59.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.2900

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

11.62%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

8.53%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-3.17%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4 5

0.71%










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



Distribution Period: 

October- 2015




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

$0.1143

63.50%

$1.0109

46.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0657

36.50%

$1.1491

53.20%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$2.1600

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

10.11%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

9.76%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-4.33%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4 5

8.95%










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




Distribution Period: 

October- 2015




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

$0.0189

17.50%

$0.1579

14.60%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.1796

16.60%

Return of Capital or Other Capital Source(s)

$0.0891

82.50%

$0.7425

68.80%

Total per common share

$0.1080

100.00%

$1.0800

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

10.21%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

8.62%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-2.01%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

6.47%










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



Distribution Period: 

October- 2015




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

$0.0103

9.30%

$0.0863

7.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.1026

9.30%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.6296

56.80%

Return of Capital or Other Capital Source(s)

$0.1005

90.70%

$0.2895

26.10%

Total per common share

$0.1108

100.00%

$1.1080

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

11.24%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

9.42%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

1.77%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

7.06%










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



Distribution Period: 

October- 2015




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

$0.0275

32.60%

$0.2134

21.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0568

67.40%

$0.7982

78.90%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0843

100.00%

$1.0116

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

9.77%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

8.89%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

0.06%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

8.15%










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



Distribution Period: 

October- 2015




Distribution Amount per Common Share: 

$0.0973




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

$0.0175

18.00%

$0.1421

14.60%

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)

$0.0798

82.00%

$0.8309

85.40%

Total per common share

$0.0973

100.00%

$0.9730

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

8.28%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

10.19%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

0.44%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

7.64%










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



Distribution Period: 

October- 2015




Distribution Amount per Common Share: 

$0.0813




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

$0.0117

14.40%

$0.1259

12.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0696

85.60%

$0.8497

87.10%

Total per common share

$0.0813

100.00%

$0.9756

100.00%






Average annual total return at NAV for the 5-year period ended on September 30, 2015 1

7.50%


Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2015 2

10.37%


Cumulative total return at NAV for the fiscal year through September 30, 2015 3

-2.69%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2015 4

9.50%












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 September 30, 2015.





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of September 30, 2015.

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 September 30, 2015 

   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 September 30, 2015 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of September 30, 2015.



5 Does not include the capital gain of $0.971 paid on 1/13/15.




 

 

 

SOURCE Eaton Vance Management



RELATED LINKS

http://www.eatonvance.com