ETG Eaton Vance Tax Advantaged Global Dividend Income Fund

The Eaton Vance closed-end funds listed below released today the estimated sources of their February 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 February distribution. It is not determinative of the tax character of a Fund’s distributions for the 2023 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 February distribution and its cumulative distributions paid for its fiscal year through February 28, 2023, 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:

February- 2023

Distribution Amount per Common Share:

$0.1095

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

$0.0041

3.80%

$0.0248

4.50%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.1443

26.40%

Return of Capital or Other Capital Source(s)

$0.1054

96.20%

$0.3784

69.10%

Total per common share

$0.1095

100.00%

$0.5475

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

7.44%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

8.44%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

11.53%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

2.81%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.1152

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

$0.1152

100.00%

$0.2304

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1152

100.00%

$0.2304

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

7.34%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

8.26%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

6.95%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.69%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.0579

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

$0.0020

3.50%

$0.0043

3.70%

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)

$0.0559

96.50%

$0.1115

96.30%

Total per common share

$0.0579

100.00%

$0.1158

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

5.52%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

8.46%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

3.49%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.71%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.1488

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

$0.0259

17.40%

$0.1006

16.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1229

82.60%

$0.4946

83.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1488

100.00%

$0.5952

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

8.61%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

7.05%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

8.37%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

1.76%

 

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

Distribution Period:

February- 2023

 

Distribution Amount per Common Share:

$0.1374

 

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

$0.0148

10.70%

$0.0541

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%

$0.0965

17.60%

Return of Capital or Other Capital Source(s)

$0.1226

89.30%

$0.3990

72.60%

Total per common share

$0.1374

100.00%

$0.5496

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

7.68%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

6.66%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

14.66%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

1.67%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.0932

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

$0.0070

7.50%

$0.0147

7.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0116

12.40%

$0.0116

6.20%

Return of Capital or Other Capital Source(s)

$0.0746

80.10%

$0.1601

85.90%

Total per common share

$0.0932

100.00%

$0.1864

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

4.84%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

8.29%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

3.69%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.69%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.0949

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

$0.0041

4.30%

$0.0089

4.70%

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)

$0.0908

95.70%

$0.1809

95.30%

Total per common share

$0.0949

100.00%

$0.1898

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

5.51%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

9.09%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

4.34%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.76%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.0805

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

$0.0037

4.60%

$0.0155

4.80%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0768

95.40%

$0.2248

69.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0817

25.4%

Total per common share

$0.0805

100.00%

$0.3220

100.0%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

7.05%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

8.36%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

3.92%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

2.09%

 

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

Distribution Period:

February- 2023

 

Distribution Amount per Common Share:

$0.0582

 

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

$0.0055

9.40%

$0.0111

9.50%

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)

$0.0527

90.60%

$0.1053

90.50%

Total per common share

$0.0582

100.00%

$0.1164

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

3.06%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

7.99%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

5.03%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.67%

 

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

Distribution Period:

February- 2023

Distribution Amount per Common Share:

$0.1001

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

$0.0085

8.50%

$0.0252

6.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0961

24.00%

Return of Capital or Other Capital Source(s)

$0.0916

91.50%

$0.2791

69.70%

Total per common share

$0.1001

100.00%

$0.4004

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

6.34%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

6.66%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

14.73%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

1.67%

 

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

Distribution Period:

February- 2023

 

Distribution Amount per Common Share:

$0.0553

 

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

$0.0048

8.70%

$0.0157

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)

$0.0505

91.30%

$0.2055

92.90%

Total per common share

$0.0553

100.00%

$0.2212

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

6.66%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

7.82%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

11.02%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

1.95%

 

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

Distribution Period:

February- 2023

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

$0.0011

1.50%

$0.0025

1.80%

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)

$0.0697

98.50%

$0.1391

98.20%

Total per common share

$0.0708

100.00%

$0.1416

100.00%

 

Average annual total return at NAV for the 5-year period ended on January 31, 2023 1

6.05%

Annualized current distribution rate expressed as a percentage of NAV as of January 31, 2023 2

9.03%

Cumulative total return at NAV for the fiscal year through January 31, 2023 3

4.64%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of January 31, 2023 4

0.75%

   

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 January 31, 2023

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of January 31, 2023

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 January 31, 2023 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 January 31, 2023 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of January 31, 2023

 

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