Eaton Vance Declares Early Monthly Distributions for Certain Eaton Vance Closed-End Funds

21 Dec, 2015, 16:03 ET from Eaton Vance Management

BOSTON, Dec. 21, 2015 /PRNewswire/ -- Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below.

 

Declaration – 12/21/2015       Ex-Date – 12/29/2015       Record – 12/31/2015       Payable – 1/13/2016









Fund

Ticker

Distribution

 Change From
Prior
Distribution

Closing Market
Price – 12/18/15

Distribution
Rate at
Market Price

Eaton Vance Senior Income Trust

EVF

$0.0350

-

$5.71

7.36%

Eaton Vance Floating-Rate Income Plus Fund

EFF

$0.0940

-

$14.18

7.95%

Eaton Vance Floating-Rate Income Trust

EFT

$0.0760

-

$12.58

7.25%

Eaton Vance Senior Floating-Rate Trust

EFR

$0.0790

-

$12.45

7.61%

Eaton Vance Tax- Advantaged Global Dividend Opportunities Fund *

ETO

$0.1800

-

$21.66

9.97%












 

The declaration, record and payment dates of the regular January distributions have been accelerated to allow each Fund to meet its 2015 distribution requirements for federal excise tax purposes.  Each Fund expects to declare its next regular monthly distribution at the beginning of February for payment in February.

* This Fund makes distributions in accordance with a managed distribution plan. With each distribution, the Fund issues a notice to shareholders and a press release containing information about the amount and sources of the distribution and other related information.  The Fund's distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with "yield" or "income." Distributions in excess of Fund returns will cause its net asset value to erode. Investors should not draw any conclusions about the Fund's investment performance from the amount of its distribution or from the terms of its managed distribution plan.

The Distribution Rate at Market Price is based on the Fund's most recent regular distribution per share (annualized) divided by the Fund's market price at the end of the period. The Fund's distribution may be comprised of ordinary income, net realized capital gains and returns of capital.  A Fund's distribution rate may be affected by numerous factors, including changes in realized and projected market returns, Fund performance and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in a Fund's distribution rate at a future time.

A portion of the distributions may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at http://funds.eatonvance.com.  The final determination of tax characteristics of each Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $311.4 billion in assets as of October 31, 2015, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service, timely innovation and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.

SOURCE Eaton Vance Management



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