EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND BOSTON, May 12, 2015 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today updated information regarding their April 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 provided for informational purposes only and is an estimate of the sources of the April 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 April distribution and its cumulative distributions paid for its fiscal year through April 30, 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: April- 2015
Distribution Amount per Common Share: $0.0864
Distribution Frequency: Monthly
Fiscal Year End: September
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0305 35.30% $0.0702 11.60%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0559 64.70% $0.3207 53.00%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.2139 35.40%
Total per common share $0.0864 100.00% $0.6048 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 10.60%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 7.03%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 4.88%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 3.51%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0875
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0143 16.30% $0.0143 4.10%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0388 44.30% $0.3014 86.10%
Return of Capital or Other Capital Source(s) $0.0344 39.40% $0.0343 9.80%
Total per common share $0.0875 100.00% $0.3500 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 12.38%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 7.06%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 4.12%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 1.77%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0930
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0930 100.00% $0.3720 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% $0.3720 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 5.04%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 9.35%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 1.50%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 2.34%
Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0900
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0620 68.80% $0.4500 83.30%
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) $0.0280 31.20% $0.0900 16.70%
Total per common share $0.0900 100.00% $0.5400 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 4.48%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 6.66%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 1.72%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 2.77%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)*
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.1800
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0974 54.10% $0.3294 30.50%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0826 45.90% $0.7506 69.50%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1800 100.00% $1.0800 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 11.67%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 8.70%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 2.49%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 5 3.63%
*No updated information required for this Fund.
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.1080
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0165 15.30% $0.0552 12.80%
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) $0.0915 84.70% $0.3768 87.20%
Total per common share $0.1080 100.00% $0.4320 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 11.00%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 7.98%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 1.60%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 2.00%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.1108
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0088 7.90% $0.0324 7.30%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0822 74.20% $0.2229 50.30%
Return of Capital or Other Capital Source(s) $0.0198 17.90% $0.1879 42.40%
Total per common share $0.1108 100.00% $0.4432 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 11.60%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 8.94%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 2.48%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 2.24%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0843
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0243 28.90% $0.0536 10.50%
Net Realized Short-Term Capital Gains $0.0170 20.10% $0.0185 3.70%
Net Realized Long-Term Capital Gains $0.0430 51.00% $0.1510 29.90%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.2827 55.90%
Total per common share $0.0843 100.00% $0.5058 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 9.93%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 8.20%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 3.67%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 3.42%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0973
Distribution Frequency: Monthly
Fiscal Year End: December
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0151 15.50% $0.0413 10.60%
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) $0.0822 84.50% $0.3479 89.40%
Total per common share $0.0973 100.00% $0.3892 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 9.16%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 9.48%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 2.65%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 2.37%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
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Distribution Period: April- 2015
Distribution Amount per Common Share: $0.0813
Distribution Frequency: Monthly
Fiscal Year End: October
Source Current Distribution % of Current Distribution Cumulative Distributions for the Fiscal Year- % of the Cumulative Distributions for the Fiscal
to-Date Year-to-Date
Net Investment Income $0.0115 14.20% $0.0468 9.60%
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) $0.0698 85.80% $0.4410 90.40%
Total per common share $0.0813 100.00% $0.4878 100.00%
Average annual total return at NAV for the 5-year period ended on March 31, 2015 (1) 8.27%
Annualized current distribution rate expressed as a percentage of NAV as of March 31, 2015 2 9.47%
Cumulative total return at NAV for the fiscal year through March 31, 2015 3 1.22%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of March 31, 2015 4 3.95%
(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 March 31, 2015.
(2) The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of March 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 March 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 March 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 March 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
