BOSTON--(BUSINESS WIRE)--August 29, 2025--
The Eaton Vance closed-end funds listed below released today the estimated sources of their August 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 August distribution. It is not determinative of the tax character of a Fund's distributions for the 2025 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 August 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 August distribution and its cumulative distributions paid for its fiscal year through August 31, 2025, and information relating to each Fund's performance based on its net asset value $(NAV)$ for certain periods.
Eaton Vance Enhanced Equity Income Fund $(EOI)$ ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1338 Distribution Frequency: Monthly Fiscal Year End: September % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date 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% $1.4718 100.00% Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00% Total per common share $0.1338 100.00% $1.4718 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 14.61% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.71% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 9.91% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 6.42% Eaton Vance Enhanced Equity Income Fund II $(EOS)$ ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1523 Distribution Frequency: Monthly Fiscal Year End: December % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date 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% $1.2184 100.00% Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00% Total per common share $0.1523 100.00% $1.2184 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 13.96% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.57% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 8.63% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 4.41% Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.0651 Distribution Frequency: Monthly Fiscal Year End: December % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date 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 $0.0100 15.4% $0.2294 44.0% Return of Capital or Other Capital Source(s) $0.0551 84.6% $0.2914 56.0% Total per common share $0.0651 100.00% $0.5208 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 9.14% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 8.02% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 5.38% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 4.68% Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1646 Distribution Frequency: Monthly Fiscal Year End: October % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0257 15.6% $0.2732 16.6% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.1389 84.4% $1.3728 83.4% Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00% Total per common share $0.1646 100.00% $1.6460 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 12.59% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.59% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 5.36% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 5.69% Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1733 Distribution Frequency: Monthly Fiscal Year End: October % of the Cumulative
Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0612 35.3% $0.8963 51.7% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.0000 0.0% $0.7246 41.8% Return of Capital or Other Capital Source(s) $0.1121 64.7% $0.1121 6.5% Total per common share $0.1733 100.00% $1.7330 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 13.11% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.18% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 10.93% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 5.39% Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1058 Distribution Frequency: Monthly Fiscal Year End: December % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0019 1.8% $0.0305 3.6% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.0730 69.0% $0.4198 49.6% Return of Capital or Other Capital Source(s) $0.0309 29.2% $0.3961 46.8% Total per common share $0.1058 100.00% $0.8464 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 11.70% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 8.19% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 4.75% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 4.78% Eaton Vance Tax-Managed Buy-Write Opportunities Fund $(ETV)$ ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.0993 Distribution Frequency: Monthly Fiscal Year End: December % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0001 0.1% $0.0117 1.5% Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00% Net Realized Long-Term Capital Gains $0.0719 72.4% $0.4586 57.7% Return of Capital or Other Capital Source(s) $0.0273 27.5% $0.3241 40.8% Total per common share $0.0993 100.00% $0.7944 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 11.25% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 8.12% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 3.32% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 4.74% Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.0992 Distribution Frequency: Monthly Fiscal Year End: October % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date 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 $0.0992 100.00% $0.9920 100.0% Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00% Total per common share $0.0992 100.0% $0.9920 100.0% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 14.43% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.72% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 9.70% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 5.79% Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.0664 Distribution Frequency: Monthly Fiscal Year End: December % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0197 29.6% $0.0818 15.4% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.0351 52.9% $0.1908 35.9% Return of Capital or Other Capital Source(s) $0.0116 17.5% $0.2587 48.7% Total per common share $0.0664 100.00% $0.5313 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 9.31% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 8.43% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 7.35% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 4.92% Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.1293 Distribution Frequency: Monthly Fiscal Year End: October % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.1293 100.00% $0.6281 48.6% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.0000 0.0% $0.6085 47.0% Return of Capital or Other Capital Source(s) $0.0000 0.0% $0.0564 4.4% Total per common share $0.1293 100.00% $1.2930 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 13.79% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 7.22%
Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 11.34% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 5.41% Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) ------------------------------------------------------------------------------ Distribution Period: August- 2025 Distribution Amount per Common Share: $0.0657 Distribution Frequency: Monthly Fiscal Year End: October % of the Cumulative Cumulative Distributions Distributions for the Current % of Current for the Fiscal Fiscal Source Distribution Distribution Year-to-Date Year-to-Date Net Investment Income $0.0120 18.3% $0.1374 20.9% Net Realized Short-Term Capital Gains $0.0000 0.0% $0.0000 0.0% Net Realized Long-Term Capital Gains $0.0000 0.0% $0.4659 70.9% Return of Capital or Other Capital Source(s) $0.0537 81.7% $0.0537 8.2% Total per common share $0.0657 100.00% $0.6570 100.00% Average annual total return at NAV for the 5-year period ended on July 31, 2025 (1) 11.66% Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2025 (2) 8.54% Cumulative total return at NAV for the fiscal year through July 31, 2025 (3) 7.56% Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2025 (4) 6.41% (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 July 31, 2025 (2) The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of July 31, 2025 (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 July 31, 2025 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 July 31, 2025 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of July 31, 2025
View source version on businesswire.com: https://www.businesswire.com/news/home/20250829457762/en/
CONTACT:
Investor Contact: (800) 262-1122
(END) Dow Jones Newswires
August 29, 2025 16:00 ET (20:00 GMT)
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.