BOSTON, Nov. 29, 2019 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their November 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, 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 November distribution.  It is not determinative of the tax character of a Fund's distributions for the 2019 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 November distribution and its cumulative distributions paid for its fiscal year through November 29, 2019, 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: 

November- 2019


Distribution Amount per Common Share: 

$0.0898


Distribution Frequency:

Monthly


Fiscal Year End:

September


Source

Current Distribution

% of Current

Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0105

11.70%

$0.0201

11.20%

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)

$0.0793

88.30%

$0.1595

88.80%

Total per common share

$0.0898

100.00%

$0.1796

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

8.49%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

7.09%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

1.53%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

0.59%










Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.0988


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current

Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

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

$0.0988

100.00%

$1.0868

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0988

100.00%

$1.0868

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

10.49%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

7.09%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

19.78%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

5.91%





Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.0760


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current

 Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0066

8.60%

$0.0581

6.90%

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)

$0.0694

91.40%

$0.7779

93.10%

Total per common share

$0.0760

100.00%

$0.8360

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

4.53%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

10.00%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

10.65%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

8.33%





Eaton Vance Tax-Advantaged Dividend Income Fund  (NYSE: EVT)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.1450


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current

Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0260

18.00%

$0.0260

18.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0190

13.00%

$0.0190

13.00%

Return of Capital or Other Capital Source(s)

$0.1000

69.00%

$0.1000

69.00%

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 October 31, 2019 1

9.88%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

7.15%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

16.02%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

7.15%





Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund  (NYSE: ETO)

Distribution Period: 

November- 2019


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-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0086

4.80%

$0.0086

4.80%

Net Realized Short-Term Capital Gains

$0.0616

34.20%

$0.0616

34.20%

Net Realized Long-Term Capital Gains

$0.1098

61.00%

$0.1098

61.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.1800

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

8.67%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

9.06%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

18.21%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

9.06%





Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)

Distribution Period: 

November- 2019


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-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0113

10.50%

$0.1307

11.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0967

89.50%

$0.4075

34.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.6498

54.70%

Total per common share

$0.1080

100.00%

$1.1880

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

6.85%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

8.61%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

15.25%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

7.18%





Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)

Distribution Period: 

November- 2019


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-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0064

5.80%

$0.0756

6.20%

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)

$0.1044

94.20%

$1.1432

93.80%

Total per common share

$0.1108

100.00%

$1.2188

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

8.71%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

9.27%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

16.08%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

7.72%





Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)

Distribution Period: 

November- 2019


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-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0083

9.80%

$0.0083

9.80%

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)

$0.0760

90.20%

$0.0760

90.2%

Total per common share

$0.0843

100.00%

$0.0843

100.0%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

8.45%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

8.52%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

9.24%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

8.52%





Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.0727


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current

Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0121

16.60%

$0.1211

15.10%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0606

83.40%

$0.1953

24.40%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.4833

60.50%

Total per common share

$0.0727

100.00%

$0.7997

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

6.18%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

8.48%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

14.39%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

7.07%





Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.1025


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current

 Distribution

Cumulative

 Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0265

25.80%

$0.0265

25.80%

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)

$0.0760

74.20%

$0.0760

74.20%

Total per common share

$0.1025

100.00%

$0.1025

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

7.19%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

7.03%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

13.06%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

7.03%





Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.0616


Distribution Frequency:

Monthly


Fiscal Year End:

October


Source

Current Distribution

% of Current

Distribution

Cumulative

Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0041

6.60%

$0.0041

6.60%

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)

$0.0575

93.40%

$0.0575

93.40%

Total per common share

$0.0616

100.00%

$0.0616

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

6.46%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

8.50%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

12.85%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

8.83%





Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)

Distribution Period: 

November- 2019


Distribution Amount per Common Share: 

$0.0708


Distribution Frequency:

Monthly


Fiscal Year End:

December


Source

Current Distribution

% of Current

Distribution

Cumulative

 Distributions

for the Fiscal

Year-to-Date

% of the Cumulative

Distributions for the Fiscal

Year-to-Date

Net Investment Income

$0.0044

6.20%

$0.0510

8.00%

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)

$0.0664

93.80%

$0.5862

92.00%

Total per common share

$0.0708

100.00%

$0.6372

100.00%





Average annual total return at NAV for the 5-year period ended on October 31, 2019 1

2.02%

Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2019 2

8.24%

Cumulative total return at NAV for the fiscal year through October 31, 2019 3

9.51%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2019 4

5.49%










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 October 31, 2019

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of October 31, 2019

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 October 31, 2019 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 October 31, 2019 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of October 31, 2019

 

Cision View original content:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300966846.html

SOURCE Eaton Vance Management

Copyright 2019 PR Newswire

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