Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

2016-12-30 / @newswire

 

BOSTON, Dec. 30, 2016 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their December 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 December distribution.It is not determinative of the tax character of a Fund's distributions for the 2016 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 December distribution and its cumulative distributions paid for its fiscal year through December 31, 2016, 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:

December- 2016




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

$0.0104

12.00%

$0.0264

10.20%

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)

$0.0760

88.00%

$0.2328

89.80%

Total per common share

$0.0864

100.00%

$0.2592

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

11.16%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

7.74%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

0.17%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

1.29%


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




Distribution Period:

December- 2016




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

$0.0130

14.90%

$0.0239

2.30%

Net Realized Short-Term Capital Gains

$0.0124

14.20%

$0.0124

1.20%

Net Realized Long-Term Capital Gains

$0.0375

42.80%

$0.1260

12.00%

Return of Capital or Other Capital Source(s)

$0.0246

28.10%

$0.8877

84.50%

Total per common share

$0.0875

100.00%

$1.0500

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

11.95%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

7.64%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

2.63%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

7.01%



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



Distribution Period:

December- 2016




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

$0.0145

15.60%

$0.0926

8.30%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0785

84.40%

$1.0234

91.70%

Total per common share

$0.0930

100.00%

$1.1160

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

5.54%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

11.24%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

-0.91%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

10.30%



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




Distribution Period:

December- 2016




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

$0.0830

92.40%

$0.1490

82.70%

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)

$0.0070

7.60%

$0.0310

17.30%

Total per common share

$0.0900

100.00%

$0.1800

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

3.90%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

7.23%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

-0.07%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

0.60%



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




Distribution Period:

December- 2016




Distribution Amount per Common Share:

$0.1450




Distribution Frequency:

Monthly




Fiscal Year End:

August









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

$0.0602

41.50%

$0.2741

47.30%

Net Realized Short-Term Capital Gains

$0.0848

58.50%

$0.2260

39.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.0799

13.70%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1450

100.00%

$0.5800

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

13.35%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

8.17%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

0.71%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

2.04%



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



Distribution Period:

December- 2016




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

$0.0330

18.30%

$0.0665

18.50%

Net Realized Short-Term Capital Gains

$0.0084

4.70%

$0.0265

7.40%

Net Realized Long-Term Capital Gains

$0.1386

77.00%

$0.2670

74.10%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1800

100.00%

$0.3600

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

11.29%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

10.03%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

-0.31%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

0.84%



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




Distribution Period:

December- 2016




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

$0.0135

12.50%

$0.1778

13.70%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0139

12.90%

$0.4815

37.20%

Return of Capital or Other Capital Source(s)

$0.0806

74.60%

$0.6367

49.10%

Total per common share

$0.1080

100.00%

$1.2960

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

10.45%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

8.38%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

7.66%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

7.68%



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



Distribution Period:

December- 2016




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

$0.0136

12.30%

$0.1183

8.90%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0012

1.10%

$0.4348

32.70%

Return of Capital or Other Capital Source(s)

$0.0960

86.60%

$0.7765

58.40%

Total per common share

$0.1108

100.00%

$1.3296

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

11.01%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

9.46%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

5.28%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

8.67%



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



Distribution Period:

December- 2016




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

$0.0092

10.90%

$0.0170

10.10%

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)

$0.0751

89.10%

$0.1516

89.90%

Total per common share

$0.0843

100.00%

$0.1686

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

11.31%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

8.98%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

2.00%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

0.75%



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



Distribution Period:

December- 2016




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

$0.0166

17.10%

$0.1576

13.50%

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)

$0.0807

82.90%

$1.0100

86.50%

Total per common share

$0.0973

100.00%

$1.1676

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

8.00%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

10.91%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

2.40%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

10.00%



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



Distribution Period:

December- 2016




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

$0.0048

5.90%

$0.0102

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%

$0.0000

0.00%

Return of Capital or Other Capital Source(s)

$0.0765

94.10%

$0.1524

93.70%

Total per common share

$0.0813

100.00%

$0.1626

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

8.45%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

11.02%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

0.10%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

0.92%



Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (NYSE: EXD)



Distribution Period:

December- 2016




Distribution Amount per Common Share:

$0.2900




Distribution Frequency:

Quarterly




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

$0.0200

6.80%

$0.0840

7.20%

Net Realized Short-Term Capital Gains

$0.0610

21.10%

$0.0610

5.30%

Net Realized Long-Term Capital Gains

$0.0370

12.90%

$0.0370

3.20%

Return of Capital or Other Capital Source(s)

$0.1720

59.20%

$0.9780

84.30%

Total per common share

$0.2900

100.00%

$1.1600

100.00%






Average annual total return at NAV for the 5-year period ended on November 30, 2016 1

3.36%


Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2016 2

8.81%


Cumulative total return at NAV for the fiscal year through November 30, 2016 3

-1.42%


Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2016 4

6.61%


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 November 30, 2016.





2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of November 30, 2016.

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 November 30, 2016

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 November 30, 2016 measured on the dollar value of the

distributions in year-to-date period as a percentage of the Fund's NAV as of November 30, 2016.



To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/eaton-vance-closed-end-funds-release-estimated-sources-of-distributions-300384228.html

SOURCEEaton Vance Management

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