Eaton Vance Tax-Advantaged Global Dividend Income Fund Report Of Earnings

May 15, 2015, 16:01 ET from Eaton Vance Management

BOSTON, May 15, 2015 /PRNewswire/ -- Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG), a diversified closed-end management investment company, today announced the earnings of the Fund for the three months ended January 31, 2015. The Fund's fiscal year ends on October 31, 2015.

For the three months ended January 31, 2015, the Fund had net investment income of $9,610,736 ($0.126 per share). In comparison, for the three months ended January 31, 2014, the Fund had net investment income of $13,495,850 ($0.177 per share).

Net realized and unrealized losses for the three months ended January 31, 2015 were $37,789,167 ($0.495 per share). In comparison, net realized and unrealized losses for the three months ended January 31, 2014 were $312,347 ($0.004 per share).

On January 31, 2015, net assets of the Fund were $1,331,197,834. The net asset value per share on January 31, 2015 was $17.45 based on 76,300,214 shares outstanding. In comparison, on January 31, 2014, net assets of the Fund were $1,316,620,116. The net asset value per share on January 31, 2014 was $17.26 based on 76,300,214 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 $303.4 billion in assets as of March 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 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 GLOBAL DIVIDEND INCOME FUND

SUMMARY OF RESULTS OF OPERATIONS

(in thousands, except per share amounts)

Three Months Ended

January 31,

2015

2014

Gross investment income

$                   14,493

$                   18,392

Operating expenses

(4,054)

(4,065)

Interest expense

(828)

(831)

Net investment income

$                     9,611

$                   13,496

Net realized and unrealized gains (losses)

  on investments

$                 (37,789)

$                       (312)

Net increase (decrease) in net assets

  from operations

$                 (28,178)

$                   13,184

Earnings per Share Outstanding

Gross investment income

$                     0.190

$                     0.241

Operating expenses

(0.053)

(0.053)

Interest expense

(0.011)

(0.011)

Net investment income

$                     0.126

$                     0.177

Net realized and unrealized gains (losses)

  on investments

$                   (0.495)

$                   (0.004)

Net increase (decrease) in net assets

  from operations

$                   (0.369)

$                     0.173

Net Asset Value at January 31

Net assets

$             1,331,198

$             1,316,620

Shares outstanding

76,300

76,300

Net asset value per share outstanding

$                     17.45

$                     17.26

Market Value Summary

Market price on NYSE at January 31

$                     15.86

$                     16.23

High market price (period ended January 31)

$                     17.27

$                     17.07

Low market price (period ended January 31)

$                     15.68

$                     15.84

 

SOURCE Eaton Vance Management



RELATED LINKS

http://www.eatonvance.com