BOSTON, Aug. 12, 2014
/PRNewswire/ -- Eaton Vance Management ("EVM") today announced
that two Eaton Vance closed-end equity funds (the "Funds") declared
monthly distributions. The record date for the distributions is
August 22, 2014, and the payable date
is August 29, 2014. The ex-date is
August 20, 2014. The distribution per
share, closing market price on August 11,
2014 (or last trade price), and annualized market yield for
each Fund are as follows:
|
|
Distribution
|
Closing
|
Annualized
|
Fund
|
Per
Share
|
Market
Price
|
Yield
|
Eaton Vance
Tax-Advantaged Dividend Income Fund (NYSE:
EVT)
|
$0.1158
|
$20.11
|
6.91%
|
Eaton Vance
Tax-Advantaged Global Dividend Income Fund (NYSE:
ETG)
|
$0.1025
|
$16.79
|
7.33%
|
|
|
|
|
A Fund's distribution rate may be affected by numerous factors,
including changes in realized and projected market returns, Fund
performance 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 a Fund's distribution rate
at a future time.
The Funds are managed by the Boston-based investment adviser EVM, a
subsidiary of Eaton Vance Corp. (NYSE: EV), one of the oldest
investment management firms in the United
States, with a history dating back to 1924. Eaton Vance and
its affiliates managed $293.6 billion
in assets as of June 30, 2014,
offering individuals and institutions a broad array of investment
strategies and wealth management solutions. Eaton Vance's long
record of providing exemplary service and attractive returns
through a variety of market conditions has made it the investment
manager of choice for many of today's most discerning
investors. For more information about Eaton Vance, visit
www.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.
SOURCE Eaton Vance Management