Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Earnings Results for the Third Quarter and Nine Months Ended July 31, 2013
November 04, 2013 at 11:44 am EST
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Eaton Vance Tax-Managed Global Diversified Equity Income Fund announced earnings results for the third quarter and nine months ended July 31, 2013. For the quarter, the company reported net investment income of $16,044,000 or $0.053 per share against $20,191,000 or $0.066 per share a year ago. Net realized and unrealized gains on investments were $15,501,000 or $0.052 per share against net realized and unrealized loss on investments of $64,942,000 or $0.213 per share a year ago. Net increase in net assets from operations was $31,545,000 or $0.105 per share against net decrease in net assets from operations of $44,751,000 or $0.147 per share a year ago.
For the nine months, the company reported net investment income of $47,694,000 or $0.158 per share against $50,659,000 or $0.166 per share a year ago. Net realized and unrealized gains on investments were $274,663,000 or $0.910 per share against $118,827,000 or $0.389 per share a year ago. Net increase in net assets from operations was $322,357,000 or $1.068 per share against $169,486,000 or $0.555 per share a year ago. Net asset value per share outstanding was $10.50 as on July 31, 2013 against $9.97 as on July 31, 2012.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. Its portfolio of investments includes aerospace and defense, air freight and logistics, automobiles, banks, beverages, building products, biotechnology, construction materials, diversified financial services, electric utilities, electrical equipment, electronic equipment, instruments and components, entertainment, equity real estate investment trusts, food products, healthcare equipment and supplies, healthcare providers and services, hotels, restaurants and leisure, industrial conglomerates, insurance, interactive media and services, Internet and direct marketing retail, information technology services, leisure products, machinery, personal products, and others. Investment adviser of the Fund is Eaton Vance Management.