Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--( BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October 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 October distribution. It is not determinative of the tax character of a Fund’s distributions for the 2025 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 October 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 October distribution and its cumulative distributions paid for its fiscal year through October 31, 2025, 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:
October- 2025
Distribution Amount per Common Share:
$0.1338
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
$0.0000
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
$0.0815
60.9%
$0.0815
60.9%
Return of Capital or Other Capital Source(s)
$0.0523
39.1%
$0.0523
39.1%
Total per common share
$0.1338
100.00%
$0.1338
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
14.55%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.62%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
12.55%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
7.62%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.1523
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
$0.1523
100.00%
$1.5230
100.00%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.1523
100.00%
$1.5230
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
13.60%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.47%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
11.47%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
5.60%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.0651
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
$0.0207
31.8%
$0.2344
36.0%
Return of Capital or Other Capital Source(s)
$0.0444
68.2%
$0.4166
64.0%
Total per common share
$0.0651
100.00%
$0.6510
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
9.32%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
8.02%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
6.91%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
6.02%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.1646
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
$0.0168
10.2%
$0.3048
15.4%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.1478
89.8%
$1.6704
84.6%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.1646
100.00%
$1.9752
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
12.94%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.45%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
8.75%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
6.83%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.1733
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
$0.1133
65.4%
$1.1026
53.0%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0600
34.6%
$0.9770
47.0%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0000
0.0%
Total per common share
$0.1733
100.00%
$2.0796
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
13.59%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
6.89%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
17.13%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
6.31%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.1058
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
1.1%
$0.0328
3.1%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0000
0.0%
$0.6919
65.4%
Return of Capital or Other Capital Source(s)
$0.1047
98.9%
$0.3333
31.5%
Total per common share
$0.1058
100.00%
$1.0580
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
12.43%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.91%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
10.01%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
5.93%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.0993
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%
$0.0117
1.2%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.0000
0.00%
$0.6359
64.0%
Return of Capital or Other Capital Source(s)
$0.0993
100.00%
$0.3454
34.8%
Total per common share
$0.0993
100.00%
$0.9930
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
12.00%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.82%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
8.70%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
5.87%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.0992
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
$0.0000
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
$0.0992
100.00%
$1.1904
100.0%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.0992
100.0%
$1.1904
100.0%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
14.31%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.66%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
12.05%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
7.02%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.0664
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
$0.0295
44.4%
$0.1315
19.8%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0369
55.6%
$0.2816
42.4%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.2510
37.8%
Total per common share
$0.0664
100.00%
$0.6641
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
10.31%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
7.99%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
14.91%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
5.99%
Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.1293
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
$0.1293
100.00%
$1.0030
64.6%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0000
0.0%
$0.5486
35.4%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0000
0.0%
Total per common share
$0.1293
100.00%
$1.5516
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
14.39%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
6.88%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
18.26%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
6.30%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:
October- 2025
Distribution Amount per Common Share:
$0.0657
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
$0.0209
31.8%
$0.1789
22.7%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0146
22.2%
$0.4875
61.8%
Return of Capital or Other Capital Source(s)
$0.0302
46.0%
$0.1220
15.5%
Total per common share
$0.0657
100.00%
$0.7884
100.00%
Average annual total return at NAV for the 5-year period ended on September 30, 2025 1
12.14%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2
8.23%
Cumulative total return at NAV for the fiscal year through September 30, 2025 3
13.26%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4
7.54%
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 September 30, 2025
2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of September 30, 2025
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 September 30, 2025 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 September 30, 2025 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of September 30, 2025