2014

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report Of Earnings

BOSTON, April 9, 2013 /PRNewswire/ -- Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three months ended January 31, 2013. The Fund's fiscal year ends on October 31, 2013.

For the three months ended January 31, 2013, the Fund had net investment income of $10,102,989 ($0.033 per share). In comparison, for the three months ended January 31, 2012, the Fund had net investment income of $10,194,495 ($0.033 per share).

Net realized and unrealized gains for the three months ended January 31, 2013 were $206,113,144 ($0.682 per share). In comparison, net realized and unrealized gains for the three months ended January 31, 2012 were $84,398,710 ($0.276 per share).

On January 31, 2013, net assets of the Fund were $3,208,128,327. The net asset value per share on January 31, 2013 was $10.63 based on 301,668,510 shares outstanding. In comparison, on January 31, 2012, net assets of the Fund were $3,130,220,099. The net asset value per share on January 31, 2012 was $10.25 based on 305,443,010 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-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND 

SUMMARY OF RESULTS OF OPERATIONS

(in thousands, except per share amounts)













Three Months Ended




Three Months Ended





January 31,




January 31,





2013




2012


Gross investment income


$                18,537




$               18,324


Operating expenses


(8,434)




(8,129)



Net investment income


$                10,103




$               10,195


Net realized and unrealized gains (losses)








  on investments


206,113




84,399



Net increase (decrease) in net assets









from operations


$             216,216




$              94,594











Earnings per Share Outstanding








Gross investment income


$                 0.061




$                 0.060


Operating expenses


(0.028)




(0.027)



Net investment income 


$                 0.033




$                 0.033


Net realized and unrealized gains (losses)








  on investments


0.682




0.276



Net increase (decrease) in net assets









  from operations


$                0.715




$                 0.309




















Net Asset Value at January 31









Net assets


$         3,208,128




$           3,130,220



Shares outstanding 


301,669




305,443



Net asset value per share outstanding


$                10.63




$                  10.25











Market Value Summary









Market price on NYSE at January 31


$                  9.46




$                    9.03



High market price (period ended January 31)


$                  9.46




$                    9.03



Low market price (period ended January 31)


$                  8.42




$                    7.86


 

SOURCE Eaton Vance Management



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