Eaton Vance Global Dividend Closed-End Funds Announce Appointment Of Sub-Adviser
BOSTON, Nov. 1, 2017 /PRNewswire/ -- Eaton Vance Management ("EVM") announced that effective today its London-based affiliate Eaton Vance Advisers International Ltd. ("EVAIL") will serve as sub-adviser to three U.S.-listed closed-end funds: Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG), Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) (the "Funds"). EVM is the investment adviser of each Fund. Prior to November 1, 2017, Eaton Vance Management (International) Limited ("EVMI"), also located in London, served as sub-adviser to each Fund. There are no changes to investment management personnel, Fund objectives or strategies, or the fees payable by each Fund under its investment advisory agreement, as a result of EVAIL's assumption of sub-advisory responsibilities from EVMI. EVM, EVAIL and EVMI are wholly-owned subsidiaries of Eaton Vance Corp. and registered with the U.S. Securities and Exchange Commission as investment advisers under the Investment Advisers Act of 1940, as amended.
Eaton Vance Corp. (NYSE: EV) is a leading global asset manager whose history dates to 1924. With offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates managed $419.3 billion in assets as of September 30, 2017, offering institutions and individuals a broad array of investment strategies and wealth management solutions. For more information about Eaton Vance, visit www.eatonvance.com.
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Fund shares are only available for purchase and sale at current market price on a stock exchange. The market price of Fund shares will be affected by factors influencing the supply and demand for Fund shares, which may include changes in Fund distributions, changing perceptions about the Fund and general market conditions. Fund shares are subject to investment risk, including possible loss of principal invested. There is no assurance that a Fund will achieve its investment objective. Shares of closed-end funds often trade at a discount from their net asset value. 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. Investors should review and consider carefully a Fund's investment objective, risks, charges and expenses.
SOURCE Eaton Vance Management
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