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

BOSTON, April 16, 2014 /PRNewswire/ -- Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG), a closed-end management investment company, today announced the earnings of the Fund for the three months ended January 31, 2014. The Fund's fiscal year ends on October 31, 2014.

For the three months ended January 31, 2014, the Fund had net investment income of $4,826,528 ($0.016 per share). In comparison, for the three months ended January 31, 2013, the Fund had net investment income of $10,102,989 ($0.033 per share).

Net realized and unrealized gains for the three months ended January 31, 2014 were $20,877,441 ($0.069 per share). In comparison, net realized and unrealized gains for the three months ended January 31, 2013 were $206,113,144 ($0.682 per share).

On January 31, 2014, net assets of the Fund were $3,212,963,900. The net asset value per share on January 31, 2014 was $10.66 based on 301,458,010 shares outstanding. In comparison, 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.

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 $285.4 billion in assets as of March 31, 2014, 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,


















2014




2013












Gross investment income





$                            13,670




$                            18,537












Operating expenses





(8,843)




(8,434)













Net investment income





$                              4,827




$                            10,103












Net realized and unrealized gains (losses)





















  on investments





20,877




206,113













Net increase (decrease) in net assets






















  from operations





$                            25,704




$                         216,216


































Earnings per Share Outstanding





















Gross investment income





$                              0.045




$                              0.061












Operating expenses





(0.029)




(0.028)













Net investment income 





$                              0.016




$                              0.033












Net realized and unrealized gains (losses)





















  on investments





0.069




0.682













Net increase (decrease) in net assets






















  from operations





$                              0.085




$                              0.715
























































Net Asset Value at January 31






















Net assets





$                      3,212,964




$                      3,208,128













Shares outstanding 





301,458




301,669













Net asset value per share outstanding





$                              10.66




$                              10.63


































Market Value Summary






















Market price on NYSE at January 31





$                                9.81




$                                9.46













High market price (period ended January 31)





$                              10.32




$                                9.46













Low market price (period ended January 31)





$                                9.58




$                                8.42






































































































































































 


SOURCE Eaton Vance Management



RELATED LINKS
http://www.eatonvance.com

More by this Source


Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.