BOSTON–(BUSINESS WIRE)–The Eaton (NYSE:) Vance closed-end funds listed below released today the estimated sources of their December distributions (each a Fund). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the December distribution. It is not determinative of the tax character of a Fund’s distributions for the 2024 calendar year. Shareholders should note that each Fund’s total regular distribution amount is subject to change as a result of market conditions or other factors.
IMPORTANT DISCLOSURE: You should not draw any conclusions about each Fund’s investment performance from the amount of this distribution or from the terms of each Fund’s Plan. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in each Fund is paid back to you. A return of capital distribution does not necessarily reflect each Fund’s investment performance and should not be confused with yield or income. The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and/or tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
The following tables set forth estimates of the sources of each Fund’s December distribution and its cumulative distributions paid for its fiscal year through December 31, 2024, and information relating to each Fund’s performance based on its net asset value (NAV) for certain periods.
Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1338
Distribution Frequency:
Monthly
Fiscal Year End:
September
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0000
0.00%
$0.0000
0.00%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.1338
100.00%
$0.4014
100.00%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total (EPA:) per common share
$0.1338
100.00%
$0.4014
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
14.34%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.70%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
4.21%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
1.28%
Eaton Vance Enhanced Equity Income Fund II (NYSE: )
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1523
Distribution Frequency:
Monthly
Fiscal Year End:
December
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0000
0.00%
$0.0000
0.00%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.1523
100.00%
$1.0293
60.00%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.6870
40.00%
Total per common share
$0.1523
100.00%
$1.7163
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
14.66%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.77%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
28.47%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
6.65%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.0651
Distribution Frequency:
Monthly
Fiscal Year End:
December
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0000
0.00%
$0.0000
0.00%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.0517
79.40%
$0.3654
48.10%
Return of Capital or Other Capital Source(s)
$0.0134
20.60%
$0.3942
51.90%
Total per common share
$0.0651
100.00%
$0.7596
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
11.16%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.89%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
26.20%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
7.02%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1646
Distribution Frequency:
Monthly
Fiscal Year End:
October
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0296
18.00%
$0.0563
17.10%
Net Realized Short-Term Capital Gains
$0.1295
78.70%
$0.1295
39.40%
Net Realized Long-Term Capital Gains
$0.0055
3.30%
$0.1434
43.50%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.1646
100.00%
$0.3292
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
10.45%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.09%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
6.65%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
0.59%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1733
Distribution Frequency:
Monthly
Fiscal Year End:
October
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0154
8.90%
$0.0224
6.50%
Net Realized Short-Term Capital Gains
$0.0591
34.10%
$0.1507
43.40%
Net Realized Long-Term Capital Gains
$0.0988
57.00%
$0.1735
50.10%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.1733
100.00%
$0.3466
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
11.19%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.33%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
2.98%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
0.61%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1058
Distribution Frequency:
Monthly
Fiscal Year End:
December
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0042
3.90%
$0.0559
4.50%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.1016
96.10%
$0.7076
57.50%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.4683
38.00%
Total per common share
$0.1058
100.00%
$1.2318
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
10.15%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.99%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
21.18%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
7.09%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.0993
Distribution Frequency:
Monthly
Fiscal Year End:
December
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0016
1.60%
$0.0257
2.20%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.0977
98.40%
$0.7571
64.30%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.3956
33.50%
Total per common share
$0.0993
100.00%
$1.1784
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
10.45%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.90%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
23.74%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
7.16%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.0992
Distribution Frequency:
Monthly
Fiscal Year End:
October
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0000
0.00%
$0.0000
0.00%
Net Realized Short-Term Capital Gains
$0.0063
6.40%
$0.0743
37.40%
Net Realized Long-Term Capital Gains
$0.0929
93.60%
$0.1241
62.60%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.0992
100.00%
$0.1984
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
14.18%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.71%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
4.23%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
0.64%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.0664
Distribution Frequency:
Monthly
Fiscal Year End:
December
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0022
3.30%
$0.1469
19.00%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.0642
96.70%
$0.6149
79.60%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0104
1.40%
Total per common share
$0.0664
100.00%
$0.7722
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
7.62%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
8.42%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
13.82%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
7.46%
Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.1293
Distribution Frequency:
Monthly
Fiscal Year End:
October
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0072
5.60%
$0.0072
2.80%
Net Realized Short-Term Capital Gains
$0.0228
17.60%
$0.0587
22.70%
Net Realized Long-Term Capital Gains
$0.0993
76.80%
$0.1927
74.50%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.1293
100.00%
$0.2586
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
11.35%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
7.39%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
3.08%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
0.62%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:
December- 2024
Distribution Amount per Common Share:
$0.0657
Distribution Frequency:
Monthly
Fiscal Year End:
October
Source
Current Distribution
% of Current
Distribution
Cumulative
Distributions
for the
Fiscal Year-
to-Date
% of the Cumulative
Distributions for the
Fiscal Year-to-Date
Net Investment Income
$0.0026
3.90%
$0.0040
3.00%
Net Realized Short-Term Capital Gains
$0.0150
22.80%
$0.0311
23.70%
Net Realized Long-Term Capital Gains
$0.0481
73.3%
$0.0963
73.30%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.0657
100.00%
$0.1314
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2024 1
10.47%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2024 2
8.41%
Cumulative total return at NAV for the fiscal year through November 30, 2024 3
2.63%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2024 4
0.70%
1 Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended
on November 30, 2024
2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund’s NAV as of November 30, 2024
3 Cumulative total return at NAV is the percentage change in the Fund’s NAV for the period from the beginning of its fiscal year to November 30, 2024
including distributions paid and assuming reinvestment of those distributions.
4 Cumulative fiscal year distribution rate for the period from the beginning of its fiscal year to November 30, 2024 measured on the dollar value of the
distributions in year-to-date period as a percentage of the Fund’s NAV as of November 30, 2024
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