Welcome!

News Feed Item

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Aug. 29, 2014 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their August 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 August distribution.  It is not determinative of the tax character of a Fund's distributions for the 2014 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 August distribution and its cumulative distributions paid for its fiscal year through August 31, 2014, 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: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0082

9.50%

$0.0776

8.20%

Net Realized Short-Term Capital Gains

$0.0009

1.00%

$0.4225

44.40%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0600

6.30%

Return of Capital or Other Capital Source(s)

$0.0773

89.50%

$0.3903

41.10%

Total per common share

$0.0864

100.00%

$0.9504

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

12.46%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

7.18%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

15.25%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

5.98%







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



Distribution Period: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0031

3.60%

$0.0189

2.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.2768

39.50%

Net Realized Long-Term Capital Gains

$0.0844

96.40%

$0.4043

57.80%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0875

100.00%

$0.7000

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

13.64%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

7.43%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

4.43%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

4.33%







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



Distribution Period: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0930

100.00%

$0.7440

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%

$0.7440

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

5.31%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

8.99%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

3.36%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

5.24%







Eaton Vance Short Duration Diversified Income Fund (NYSE: EVG)



Distribution Period: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0760

84.50%

$0.6530

72.50%

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)

$0.0140

15.50%

$0.2470

27.50%

Total per common share

$0.0900

100.00%

$0.9000

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

6.64%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

6.46%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

3.89%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

4.84%







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


Distribution Period: 

August - 2014




Distribution Amount per Common Share: 

$0.1500




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

$0.1206

80.40%

$1.2855

85.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0294

19.60%

$0.2145

14.30%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1500

100.00%

$1.5000

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

16.25%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

6.81%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

10.23%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4 5

5.10%







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



Distribution Period: 

August - 2014




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

$0.0139

12.80%

$0.1130

13.10%

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)

$0.0941

87.20%

$0.7510

86.90%

Total per common share

$0.1080

100.00%

$0.8640

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

13.07%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

7.98%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

4.87%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

4.66%







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


Distribution Period: 

August - 2014




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

$0.0088

7.90%

$0.0753

8.50%

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)

$0.1020

92.10%

$0.8111

91.50%

Total per common share

$0.1108

100.00%

$0.8864

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

13.34%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

8.98%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

5.22%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

5.24%







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



Distribution Period: 

August - 2014




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

$0.0357

42.30%

$0.2580

30.60%

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)

$0.0486

57.70%

$0.5850

69.40%

Total per common share

$0.0843

100.00%

$0.8430

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

11.29%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

8.29%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

9.95%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

6.22%







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


Distribution Period: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0209

21.50%

$0.1448

18.60%

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)

$0.0764

78.50%

$0.6336

81.40%

Total per common share

$0.0973

100.00%

$0.7784

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

11.28%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

8.97%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

4.70%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

5.24%







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



Distribution Period: 

August - 2014




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-to-Date

% of the Cumulative
Distributions for the
Fiscal Year-to-Date






Net Investment Income

$0.0813

100.00%

$0.8130

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

$0.0813

100.00%

$0.8130

100.00%






Average annual total return at NAV for the 5-year period ended on July 31, 2014 1

10.31%


Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2014 2

9.05%


Cumulative total return at NAV for the fiscal year through July 31, 2014 3

7.05%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2014 4

6.79%












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 July 31, 2014.


2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of July 31, 2014.

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 July 31, 2014 

   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 July 31, 2014 measured on the dollar value of the

  distributions in year-to-date period as a percentage of the Fund's NAV as of  July 31, 2014.

5 Does not include the capital gain of $0.519 paid on 12/31/13.

 

SOURCE Eaton Vance Management

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
As people view cloud as a preferred option to build IT systems, the size of the cloud-based system is getting bigger and more complex. As the system gets bigger, more people need to collaborate from design to management. As more people collaborate to create a bigger system, the need for a systematic approach to automate the process is required. Just as in software, cloud now needs DevOps. In this session, the audience can see how people can solve this issue with a visual model. Visual models ha...
Recently, REAN Cloud built a digital concierge for a North Carolina hospital that had observed that most patient call button questions were repetitive. In addition, the paper-based process used to measure patient health metrics was laborious, not in real-time and sometimes error-prone. In their session at 21st Cloud Expo, Sean Finnerty, Executive Director, Practice Lead, Health Care & Life Science at REAN Cloud, and Dr. S.P.T. Krishnan, Principal Architect at REAN Cloud, will discuss how they bu...
SYS-CON Events announced today that Dasher Technologies will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Dasher Technologies, Inc. ® is a premier IT solution provider that delivers expert technical resources along with trusted account executives to architect and deliver complete IT solutions and services to help our clients execute their goals, plans and objectives. Since 1999, we'v...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities – ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups. As a result, many firms employ new business models that place enormous impor...
SYS-CON Events announced today that TidalScale, a leading provider of systems and services, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale has been involved in shaping the computing landscape. They've designed, developed and deployed some of the most important and successful systems and services in the history of the computing industry - internet, Ethernet, operating s...
When it comes to cloud computing, the ability to turn massive amounts of compute cores on and off on demand sounds attractive to IT staff, who need to manage peaks and valleys in user activity. With cloud bursting, the majority of the data can stay on premises while tapping into compute from public cloud providers, reducing risk and minimizing need to move large files. In his session at 18th Cloud Expo, Scott Jeschonek, Director of Product Management at Avere Systems, discussed the IT and busine...
Coca-Cola’s Google powered digital signage system lays the groundwork for a more valuable connection between Coke and its customers. Digital signs pair software with high-resolution displays so that a message can be changed instantly based on what the operator wants to communicate or sell. In their Day 3 Keynote at 21st Cloud Expo, Greg Chambers, Global Group Director, Digital Innovation, Coca-Cola, and Vidya Nagarajan, a Senior Product Manager at Google, will discuss how from store operations...
In his session at 21st Cloud Expo, James Henry, Co-CEO/CTO of Calgary Scientific Inc., will introduce you to the challenges, solutions and benefits of training AI systems to solve visual problems with an emphasis on improving AIs with continuous training in the field. He will explore applications in several industries and discuss technologies that allow the deployment of advanced visualization solutions to the cloud.
We all know that end users experience the Internet primarily with mobile devices. From an app development perspective, we know that successfully responding to the needs of mobile customers depends on rapid DevOps – failing fast, in short, until the right solution evolves in your customers' relationship to your business. Whether you’re decomposing an SOA monolith, or developing a new application cloud natively, it’s not a question of using microservices – not doing so will be a path to eventual b...
Nordstrom is transforming the way that they do business and the cloud is the key to enabling speed and hyper personalized customer experiences. In his session at 21st Cloud Expo, Ken Schow, VP of Engineering at Nordstrom, will discuss some of the key learnings and common pitfalls of large enterprises moving to the cloud. This includes strategies around choosing a cloud provider(s), architecture, and lessons learned. In addition, he’ll go over some of the best practices for structured team migrat...
SYS-CON Events announced today that Taica will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Taica manufacturers Alpha-GEL brand silicone components and materials, which maintain outstanding performance over a wide temperature range -40C to +200C. For more information, visit http://www.taica.co.jp/english/.
SYS-CON Events announced today that MIRAI Inc. will exhibit at the Japan External Trade Organization (JETRO) Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MIRAI Inc. are IT consultants from the public sector whose mission is to solve social issues by technology and innovation and to create a meaningful future for people.
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
The next XaaS is CICDaaS. Why? Because CICD saves developers a huge amount of time. CD is an especially great option for projects that require multiple and frequent contributions to be integrated. But… securing CICD best practices is an emerging, essential, yet little understood practice for DevOps teams and their Cloud Service Providers. The only way to get CICD to work in a highly secure environment takes collaboration, patience and persistence. Building CICD in the cloud requires rigorous ar...