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Eaton Vance Tax-Advantaged Dividend Income Fund Report of Earnings

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BOSTON, Feb. 21, 2013 /PRNewswire/ -- Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT), a diversified closed-end management investment company, today announced the earnings of the Fund for the three months ended November 30, 2012. The Fund's fiscal year ends on August 31, 2013.

For the three months ended November 30, 2012, the Fund had net investment income of $17,622,969 ($0.242 per share). In comparison, for the three months ended November 30, 2011, the Fund had net investment income of $14,490,080 ($0.199 per share).

Net realized and unrealized gains for the three months ended November 30, 2012 were $13,808,379 ($0.190 per share). In comparison, net realized and unrealized losses for the three months ended November 30, 2011 were $630,657 ($0.009 per share).

On November 30, 2012, net assets of the Fund were $1,340,568,622. The net asset value per share on November 30, 2012 was $18.41 based on 72,835,899 shares outstanding. In comparison, on November 30, 2011, net assets of the Fund were $1,212,559,447. The net asset value per share on November 30, 2011 was $16.65 based on 72,835,899 shares outstanding.

The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds"). Fund portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following month-end.

The Fund is 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 $247.8 billion in assets as of January 31, 2013 offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service 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.

  














EATON VANCE TAX-ADVANTAGED DIVIDEND INCOME FUND




SUMMARY OF RESULTS OF OPERATIONS




(in thousands, except per share amounts)























Three Months Ended











November 30,











2012


2011





Gross investment income

$      22,964


$      19,469





Operating expenses

(4,070)


(3,625)





Interest expense

(1,271)


(1,354)






Net investment income

$      17,623


$      14,490





Net realized and unrealized gains (losses)








  on investments

$      13,808


$          (631)






Net increase (decrease) in net assets









  from operations

$      31,431


$      13,859


















Earnings per Common Share Outstanding








Gross investment income

$        0.315


$        0.268





Operating expenses

(0.056)


(0.050)





Interest expense

(0.017)


(0.019)






Net investment income

$        0.242


$        0.199





Net realized and unrealized gains (losses)








  on investments

$        0.190


$       (0.009)






Net increase (decrease) in net assets









  from operations

$        0.432


$        0.190


















Net investment income

$        0.242


$        0.199


















Net Asset Value at November 30 (Common Shares)









Net assets (000)

$ 1,340,569


$ 1,212,559






Shares outstanding (000)

72,836


72,836






Net asset value per share outstanding

$        18.41


$        16.65


















Market Value Summary (Common Shares)









Market price on NYSE at November 30

$        16.90


$        14.48






High market price (period ended November 30)

$        17.63


$        15.31






Low market price (period ended November 30)

$        15.96


$        13.19












































SOURCE Eaton Vance Management



RELATED LINKS
http://www.eatonvance.com

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