BOSTON, July 2, 2018 /PRNewswire/ -- Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) today announced that its Board of Trustees approved the adoption of a managed distribution plan for the Fund (the Plan).  Pursuant to the Plan, the Fund will make monthly cash distributions to common shareholders stated in terms of a fixed amount per common share.  The Fund also declared its monthly distribution of $0.1025 per common share.  The record date for the distribution is July 24, 2018, and the payable date is July 31, 2018. The ex-date is July 23, 2018.

The Fund will make distributions in accordance with the Plan. Under the Plan, the Fund will issue a notice to shareholders and a press release containing information about the amount and sources of the distribution and other related information.  The Fund's distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with "yield" or "income." Distributions in excess of Fund returns will cause its net asset value to erode. Investors should not draw any conclusions about the Fund's investment performance from the amount of its distribution or from the terms of the Plan. The Fund's Board of Trustees may amend or terminate the Plan at any time without prior notice to Fund shareholders.

Fund distributions may be affected by numerous factors, including changes in Fund performance, the cost of financing to employ leverage, portfolio holdings, realized and projected returns, and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in the Fund's distributions at a future time.  A portion of Fund distributions may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at funds.eatonvance.com.  The final determination of tax characteristics of each Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV) and a leading global asset manager with history that dates back to 1924. With offices in North America, Europe, Asia and Australia, Eaton Vance and its affiliates managed $440.1 billion in assets as of April 30, 2018, offering individuals and institutions a broad array of investment strategies and wealth management solutions. For more information, visit eatonvance.com.

Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.

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SOURCE Eaton Vance Management