Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

29 Jan, 2016, 14:40 ET from Eaton Vance Management

BOSTON, Jan. 29, 2016 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their January 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 January distribution.  It is not determinative of the tax character of a Fund's distributions for the 2016 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 January distribution and its cumulative distributions paid for its fiscal year through January 31, 2016, 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: 

January- 2016




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

$0.0089

10.30%

$0.0319

9.20%

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)

$0.0775

89.70%

$0.3137

90.80%

Total per common share

$0.0864

100.00%

$0.3456

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

9.90%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

7.42%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

6.43%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

1.85%












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




Distribution Period: 

January- 2016




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

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0875

100.00%

$0.0875

100.00%

Total per common share

$0.0875

100.00%

$0.0875

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

11.73%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

7.29%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

6.87%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

7.29%












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



Distribution Period: 

January- 2016




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%

$0.0930

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%

$0.0930

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

5.29%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

10.01%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

2.76%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

10.01%












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




Distribution Period: 

January- 2016




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

$0.0540

60.40%

$0.1880

69.70%

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)

$0.0360

39.60%

$0.0820

30.30%

Total per common share

$0.0900

100.00%

$0.2700

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

2.99%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

7.20%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

-1.08%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

1.20%












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




Distribution Period: 

January- 2016




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

$0.0666

45.90%

$0.5100

70.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.1366

18.90%

Return of Capital or Other Capital Source(s)

$0.0784

54.10%

$0.0784

10.80%

Total per common share

$0.1450

100.00%

$0.7250

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

11.31%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

8.17%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

3.46%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

2.72%












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




Distribution Period: 

January- 2016




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

$0.0158

14.60%

$0.0158

14.60%

Net Realized Short-Term Capital Gains

$0.0676

62.60%

$0.0676

62.60%

Net Realized Long-Term Capital Gains

$0.0246

22.80%

$0.0246

22.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1080

100.00%

$0.1080

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

9.92%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

8.36%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

3.21%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

8.36%












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



Distribution Period: 

January- 2016




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

$0.0071

6.40%

$0.0071

6.40%

Net Realized Short-Term Capital Gains

$0.0607

54.80%

$0.0607

54.80%

Net Realized Long-Term Capital Gains

$0.0430

38.80%

$0.0430

38.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1108

100.00%

$0.1108

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

10.94%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

9.13%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

7.32%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

9.13%












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



Distribution Period: 

January- 2016




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

$0.0076

9.10%

$0.0202

8.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0397

47.10%

$0.1105

43.70%

Return of Capital or Other Capital Source(s)

$0.0370

43.80%

$0.1222

48.30%

Total per common share

$0.0843

100.00%

$0.2529

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

9.92%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

8.53%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

0.25%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

1.42%












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



Distribution Period: 

January- 2016




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

$0.0069

7.10%

$0.0069

7.10%

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)

$0.0904

92.90%

$0.0904

92.90%

Total per common share

$0.0973

100.00%

$0.0973

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

7.63%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

10.10%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

3.92%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

10.10%












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



Distribution Period: 

January- 2016




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

$0.0141

17.30%

$0.0261

10.70%

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)

$0.0672

82.70%

$0.2178

89.30%

Total per common share

$0.0813

100.00%

$0.2439

100.00%






Average annual total return at NAV for the 5-year period ended on December 31, 2015 1

7.76%


Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2

10.05%


Cumulative total return at NAV for the fiscal year through December 31, 2015 3

-0.32%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4

1.67%

















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 December 31, 2015.





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of December 31, 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 December 31, 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 December 31, 2015 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of December 31, 2015.



 

 

SOURCE Eaton Vance Management



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