EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND BOSTON, Aug. 31, 2015 /PRNewswire/ -- 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 or quarterly, 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 2015 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 August distribution and its cumulative distributions paid for its fiscal year through August 31, 2015, 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)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0864
Distribution Frequency: Monthly
Fiscal Year End: September
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0334 38.60% $0.2009 21.10%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0530 61.40% $0.5379 56.60%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.2116 22.30%
Total per common share $0.0864 100.00% $0.9504 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 12.61%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 6.95%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 8.76%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.79%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0875
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0133 15.20% $0.0687 9.80%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0711 81.20% $0.3641 52.00%
Return of Capital or Other Capital Source(s) $0.0031 3.60% $0.2672 38.20%
Total per common share $0.0875 100.00% $0.7000 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 14.35%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 6.95%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 8.44%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 4.05%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0930
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0930 100.00% $0.7440 100.00%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.0930 100.00% $0.7440 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 6.80%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 9.32%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 5.47%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.43%
Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0900
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0040 4.30% $0.5860 65.10%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Return of Capital or Other Capital Source(s) $0.0860 95.70% $0.3140 34.90%
Total per common share $0.0900 100.00% $0.9000 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 4.27%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 6.81%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 1.93%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.11%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.1450
Distribution Frequency: Monthly
Fiscal Year End: August
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.1450 100.00% $1.0976 75.80%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.3504 24.20%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1450 100.00% $1.4480 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 14.98%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 7.66%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 5.55%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.74%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.1800
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.1165 64.70% $0.7650 42.50%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0635 35.30% $1.0350 57.50%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1800 100.00% $1.8000 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 13.66%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 8.65%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 6.20%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5 6.49%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.1080
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0166 15.40% $0.1223 14.20%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0914 84.60% $0.1386 16.00%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.6031 69.80%
Total per common share $0.1080 100.00% $0.8640 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 12.48%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 7.89%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 5.61%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 4.60%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.1108
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0084 7.60% $0.0672 7.60%
Net Realized Short-Term Capital Gains $0.0771 69.60% $0.0893 10.10%
Net Realized Long-Term Capital Gains $0.0253 22.80% $0.5782 65.20%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.1517 17.10%
Total per common share $0.1108 100.00% $0.8864 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 13.40%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 8.70%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 8.43%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.08%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0843
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0269 31.90% $0.1585 18.80%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0574 68.10% $0.6845 81.20%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.0843 100.00% $0.8430 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 12.49%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 8.02%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 9.25%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 6.01%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0973
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0174 17.90% $0.1074 13.80%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Return of Capital or Other Capital Source(s) $0.0799 82.10% $0.6710 86.20%
Total per common share $0.0973 100.00% $0.7784 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 11.07%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 9.24%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 8.87%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 5.39%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
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Distribution Period: August- 2015
Distribution Amount per Common Share: $0.0813
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current % of Current Distribution Cumulative % of the Cumulative
Distribution Distributions for the Distributions for the
Fiscal Year-to-Date Fiscal Year-to-Date
Net Investment Income $0.0137 16.80% $0.0984 12.10%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Return of Capital or Other Capital Source(s) $0.0676 83.20% $0.7146 87.90%
Total per common share $0.0813 100.00% $0.8130 100.00%
Average annual total return at NAV for the 5-year period ended on July 31, 2015 (1) 10.25%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2015 2 9.43%
Cumulative total return at NAV for the fiscal year through July 31, 2015 3 5.10%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2015 4 7.07%
(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, 2015.
(2) The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of July 31, 2015.
(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, 2015
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, 2015 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, 2015.
5 Does not include the capital gain of $0.971 paid on 1/13/15.
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SOURCE Eaton Vance Management
