EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND BOSTON, Jan. 29, 2016 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their January 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 January 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 January distribution and its cumulative distributions paid for its fiscal year through January 31, 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)
--------------------------------------------------
Distribution Period: January- 2016
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 $0.0089 10.30% $0.0319 9.20%
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) $0.0775 89.70% $0.3137 90.80%
Total per common share $0.0864 100.00% $0.3456 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 9.90%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 7.42%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 6.43%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 1.85%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
-----------------------------------------------------
Distribution Period: January- 2016
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 $0.0000 0.00% $0.0000 0.00%
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) $0.0875 100.00% $0.0875 100.00%
Total per common share $0.0875 100.00% $0.0875 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 11.73%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 7.29%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 6.87%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 7.29%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
------------------------------------------------------------------
Distribution Period: January- 2016
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% $0.0930 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% $0.0930 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 5.29%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 10.01%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 2.76%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 10.01%
Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)
-------------------------------------------------------------
Distribution Period: January- 2016
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 $0.0540 60.40% $0.1880 69.70%
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) $0.0360 39.60% $0.0820 30.30%
Total per common share $0.0900 100.00% $0.2700 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 2.99%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 7.20%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 -1.08%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 1.20%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
-----------------------------------------------------------
Distribution Period: January- 2016
Distribution Amount per Common Share: $0.1450
Distribution Frequency: Monthly
Fiscal Year End: August
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 $0.0666 45.90% $0.5100 70.30%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0000 0.00% $0.1366 18.90%
Return of Capital or Other Capital Source(s) $0.0784 54.10% $0.0784 10.80%
Total per common share $0.1450 100.00% $0.7250 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 11.31%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 8.17%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 3.46%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 2.72%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
--------------------------------------------------------
Distribution Period: January- 2016
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 $0.0158 14.60% $0.0158 14.60%
Net Realized Short-Term Capital Gains $0.0676 62.60% $0.0676 62.60%
Net Realized Long-Term Capital Gains $0.0246 22.80% $0.0246 22.80%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1080 100.00% $0.1080 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 9.92%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 8.36%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 3.21%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 8.36%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
---------------------------------------------------------------
Distribution Period: January- 2016
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 $0.0071 6.40% $0.0071 6.40%
Net Realized Short-Term Capital Gains $0.0607 54.80% $0.0607 54.80%
Net Realized Long-Term Capital Gains $0.0430 38.80% $0.0430 38.80%
Return of Capital or Other Capital Source(s) $0.0000 0.00% $0.0000 0.00%
Total per common share $0.1108 100.00% $0.1108 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 10.94%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 9.13%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 7.32%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 9.13%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
-----------------------------------------------------------------
Distribution Period: January- 2016
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 $0.0076 9.10% $0.0202 8.00%
Net Realized Short-Term Capital Gains $0.0000 0.00% $0.0000 0.00%
Net Realized Long-Term Capital Gains $0.0397 47.10% $0.1105 43.70%
Return of Capital or Other Capital Source(s) $0.0370 43.80% $0.1222 48.30%
Total per common share $0.0843 100.00% $0.2529 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 9.92%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 8.53%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 0.25%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 1.42%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
----------------------------------------------------------------------
Distribution Period: January- 2016
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 $0.0069 7.10% $0.0069 7.10%
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) $0.0904 92.90% $0.0904 92.90%
Total per common share $0.0973 100.00% $0.0973 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 7.63%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 10.10%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 3.92%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 10.10%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
------------------------------------------------------------------------
Distribution Period: January- 2016
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 $0.0141 17.30% $0.0261 10.70%
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) $0.0672 82.70% $0.2178 89.30%
Total per common share $0.0813 100.00% $0.2439 100.00%
Average annual total return at NAV for the 5-year period ended on December 31, 2015 (1) 7.76%
Annualized current distribution rate expressed as a percentage of NAV as of December 31, 2015 2 10.05%
Cumulative total return at NAV for the fiscal year through December 31, 2015 3 -0.32%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of December 31, 2015 4 1.67%
(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 December 31, 2015.
(2) The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of December 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 December 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 December 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 December 31, 2015.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300212277.html
SOURCE Eaton Vance Management
