EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND BOSTON, Sept. 30, 2016 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their September 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 September distribution. It is not determinative of the tax character of a Fund's distributions for the 2016 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 September distribution and its cumulative distributions paid for its fiscal year through September 30, 2016, 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: September- 2016
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 $0.0190 22.00% $0.1286 12.40%
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) $0.0674 78.00% $0.9082 87.60%
Total per common share $0.0864 100.00% $1.0368 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 11.50%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 7.57%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 10.04%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 6.94%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
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Distribution Period: September- 2016
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 $0.0002 0.20% $0.0002 0.10%
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) $0.0873 99.80% $0.7873 99.90%
Total per common share $0.0875 100.00% $0.7875 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 12.91%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 7.39%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 3.99%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 4.93%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
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Distribution Period: September- 2016
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 $0.0085 9.10% $0.0719 8.60%
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) $0.0845 90.90% $0.7651 91.40%
Total per common share $0.0930 100.00% $0.8370 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 5.74%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 10.82%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) -0.20%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 7.22%
Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)
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Distribution Period: September- 2016
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 $0.0470 52.20% $0.5770 58.30%
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) $0.0430 47.80% $0.4130 41.70%
Total per common share $0.0900 100.00% $0.9900 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 3.71%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 7.19%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 4.56%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 5.99%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
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Distribution Period: September- 2016
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 $0.0816 56.30% $0.0816 56.30%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0634 43.70% $0.0634 43.70%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1450 100.00% $0.1450 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 13.51%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 8.05%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 11.25%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 8.05%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
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Distribution Period: September- 2016
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 $0.0923 51.30% $0.7366 37.20%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0877 48.70% $1.2434 62.80%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1800 100.00% $1.9800 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 11.45%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 9.55%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 2.26%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 7.96%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
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Distribution Period: September- 2016
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 $0.0145 13.40% $0.1421 14.60%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0935 86.60% $0.3010 31.00%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.5289 54.40%
Total per common share $0.1080 100.00% $0.9720 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 11.83%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 8.41%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 5.13%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 5.61%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
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Distribution Period: September- 2016
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 $0.0087 7.80% $0.0837 8.40%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.1021 92.20% $0.2379 23.90%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.6756 67.70%
Total per common share $0.1108 100.00% $0.9972 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 12.45%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 9.46%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 2.77%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 6.31%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
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Distribution Period: September- 2016
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 $0.0132 15.70% $0.1001 10.80%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.0708 7.60%
Return of Capital or Other Capital Source(s) $0.0711 84.30% $0.7564 81.60%
Total per common share $0.0843 100.00% $0.9273 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 11.68%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 8.85%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 2.96%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 7.38%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
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Distribution Period: September- 2016
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 $0.0139 14.30% $0.1121 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) $0.0834 85.70% $0.7636 87.20%
Total per common share $0.0973 100.00% $0.8757 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 9.05%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 10.58%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 2.79%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 7.05%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
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Distribution Period: September- 2016
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 $0.0244 30.00% $0.1771 19.80%
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) $0.0569 70.00% $0.7172 80.20%
Total per common share $0.0813 100.00% $0.8943 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 9.02%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 10.60%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) 1.77%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 8.84%
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (NYSE: EXD)
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Distribution Period: September- 2016
Distribution Amount per Common Share: $0.2900
Distribution Frequency: Quarterly
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 $0.0190 6.50% $0.0640 7.30%
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) $0.2710 93.50% $0.8060 92.70%
Total per common share $0.2900 100.00% $0.8700 100.00%
Average annual total return at NAV for the 5-year period ended on August 31, 2016 (1) 4.49%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2016 (2) 8.51%
Cumulative total return at NAV for the fiscal year through August 31, 2016 (3) -0.29%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2016 4 4.26%
(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 August 31, 2016.
(2) The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of August 31, 2016.
(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 August 31, 2016
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 August 31, 2016 measured on the dollar value of the
distributions in year-to-date period as a percentage of the Fund's NAV as of August 31, 2016.
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SOURCE Eaton Vance Management
