Eaton Vance Closed-End Funds Announce Projected Distribution Sources
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 29 2025
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Should l Buy EOI?
Source: Businesswire
Eaton Vance Closed-End Funds Distribution Announcement
Distribution Overview: Eaton Vance announced the estimated sources of distributions for August 2025 for its closed-end funds, as required by their managed distribution plan and SEC regulations. The distributions are fixed amounts per common share and are subject to change based on market conditions.
Tax Implications: The press release clarifies that the distribution amounts are estimates and do not determine the tax character for the 2025 calendar year. Shareholders are advised that a portion of the distributions may be a return of capital, which does not necessarily reflect the funds' investment performance.
Fund-Specific Distribution Details
Eaton Vance Enhanced Equity Income Fund (NYSE: EOI):
- Distribution Amount: $0.1338 per share.
- Cumulative Distributions YTD: $1.4718.
- Average Annual Total Return (5-year): 14.61%.
- Annualized Current Distribution Rate: 7.71%.
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS):
- Distribution Amount: $0.1523 per share.
- Cumulative Distributions YTD: $1.2184.
- Average Annual Total Return (5-year): 13.96%.
- Annualized Current Distribution Rate: 7.57%.
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ):
- Distribution Amount: $0.0651 per share.
- Cumulative Distributions YTD: $0.5208.
- Average Annual Total Return (5-year): 9.14%.
- Annualized Current Distribution Rate: 8.02%.
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT):
- Distribution Amount: $0.1646 per share.
- Cumulative Distributions YTD: $1.6460.
- Average Annual Total Return (5-year): 12.59%.
- Annualized Current Distribution Rate: 7.59%.
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO):
- Distribution Amount: $0.1733 per share.
- Cumulative Distributions YTD: $1.7330.
- Average Annual Total Return (5-year): 13.11%.
- Annualized Current Distribution Rate: 7.18%.
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB):
- Distribution Amount: $0.1058 per share.
- Cumulative Distributions YTD: $0.8464.
- Average Annual Total Return (5-year): 11.70%.
- Annualized Current Distribution Rate: 8.19%.
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV):
- Distribution Amount: $0.0993 per share.
- Cumulative Distributions YTD: $0.7944.
- Average Annual Total Return (5-year): 11.25%.
- Annualized Current Distribution Rate: 8.12%.
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY):
- Distribution Amount: $0.0992 per share.
- Cumulative Distributions YTD: $0.9920.
- Average Annual Total Return (5-year): 14.43%.
- Annualized Current Distribution Rate: 7.72%.
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW):
- Distribution Amount: $0.0664 per share.
- Cumulative Distributions YTD: $0.5313.
- Average Annual Total Return (5-year): 9.31%.
- Annualized Current Distribution Rate: 8.43%.
Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG):
- Distribution Amount: $0.1293 per share.
- Cumulative Distributions YTD: $1.2930.
- Average Annual Total Return (5-year): 13.79%.
- Annualized Current Distribution Rate: 7.22%.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG):
- Distribution Amount: $0.0657 per share.
- Cumulative Distributions YTD: $0.6570.
- Average Annual Total Return (5-year): 11.66%.
- Annualized Current Distribution Rate: 8.54%.
Conclusion
- Investment Performance: The funds have varying distributions and returns, with some relying on capital gains and others on net investment income. Investors should consider these factors when evaluating the funds' performance and potential returns.
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Analyst Views on EOI
Wall Street analysts forecast EOI stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EOI is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 20.200
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About EOI
Eaton Vance Enhanced Equity Income Fund is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income, with a secondary objective of capital appreciation. The Fund may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. The Fund pursues its investment objectives by investing primarily in a portfolio of mid- and large-capitalization common stocks. Under normal market conditions, the Fund seeks to generate current earnings from option premiums by selling covered call options on a substantial portion of its portfolio securities. Under normal market conditions, the Fund invests at least 80% of its total assets in common stocks. The Fund invests in a range of sectors, including health care, industrial, communication services, information technology, utilities, consumer staples and others. Eaton Vance Management is the investment adviser and administrator of the Fund.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Eaton Vance Funds Release Estimated January 2025 Distribution Sources
- Distribution Plan Implementation: The Board of Trustees of Eaton Vance Funds has approved the implementation of a managed distribution plan, which aims to provide monthly cash distributions to common shareholders, ensuring a stable cash flow for investors.
- Distribution Amount Overview: For instance, the Eaton Vance Enhanced Equity Income Fund has a distribution amount of $0.1338 per share, indicating stability in capital gains despite zero net investment income.
- Capital Return Risk: Each fund estimates that it has distributed more than its income and net realized capital gains, suggesting that a portion of the distribution may be a return of capital, which investors should consider when interpreting investment performance.
- Tax Reporting Considerations: Funds will send shareholders a Form 1099-DIV based on their investment experience and changes in tax regulations, highlighting that the actual sources of distribution amounts may vary, emphasizing the importance of tax compliance.
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Eaton Vance Funds Release January Distribution Estimates
- Distribution Plan Implementation: The Board of Trustees of Eaton Vance Funds has approved the implementation of a monthly cash distribution plan, ensuring fixed amounts per common share to shareholders, which enhances shareholder confidence and investment appeal.
- Distribution Amount Overview: The Eaton Vance Enhanced Equity Income Fund has a distribution amount of $0.1338 per share, reflecting a cumulative distribution of $0.5352 for the fiscal year 2025, indicating the fund's stability and ongoing return capability.
- Source of Earnings Analysis: The distributions of various funds are primarily sourced from long-term capital gains, with Eaton Vance Enhanced Equity Income Fund II distributing $0.1523 per share, showcasing its success in capital appreciation despite no investment income generated.
- Investor Advisory: Investors should note that distribution amounts may be adjusted due to market conditions, and a portion of the distribution may be a return of capital, emphasizing the need for cautious interpretation of investment performance to ensure reasonable expectations of returns.
See More
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- Distribution Plan Implementation: The Eaton Vance Funds' Board has approved a managed distribution plan, with an estimated December 2025 distribution amount of $0.1338 per share, reflecting the company's ongoing commitment to shareholders.
- Transparent Distribution Sources: The distribution sources include 57.4% from long-term capital gains and 42.6% from return of capital, indicating the company's ability to maintain stable cash flow amidst market fluctuations.
- Investor Advisory: While the distribution amount is set, actual distributions may be adjusted due to market conditions, reminding investors to be aware of potential capital returns.
- Tax Information Disclosure: Each fund will issue a Form 1099-DIV for 2025, providing necessary distribution information for tax reporting, ensuring investors understand their tax obligations.
See More
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- Distribution Plan Implementation: The Eaton Vance Board has approved a managed distribution plan, estimating a December 2025 distribution of $0.1338 per share, demonstrating the company's ongoing commitment to shareholders.
- Transparent Distribution Sources: The funds anticipate distributing more than their income and net realized capital gains, with 42.6% of the distribution coming from return of capital, highlighting the need for investors to focus on the nature of distributions rather than just yield.
- Market Condition Impact: Each fund's total distribution amount is subject to change due to market conditions, reflecting the company's ability to adapt in a dynamic market environment.
- Tax Information Disclosure: The funds will send shareholders a Form 1099-DIV, ensuring they understand how to report distributions, which enhances the company's accountability and transparency in compliance matters.
See More
Eaton Vance Announces Multiple Fund Distribution Plans
- Distribution Announcement: Eaton Vance announced multiple fund distribution plans on December 1, 2025, with the California Municipal Income Trust (CEV) declaring a distribution of $0.0500 per share, indicating the company's ongoing commitment to stable income generation.
- Market Performance: As of November 28, 2025, CEV's closing market price was $10.49, resulting in a distribution rate of 5.72%, reflecting investor confidence and the fund's competitive position in the municipal bond market.
- Tax Advantages: Eaton Vance's tax-advantaged distribution fund (such as EVT) declared a distribution of $0.1646 per share, showcasing the company's strategic advantage in providing tax-efficient returns, attracting investors seeking stable income.
- Managed Distribution Plan: Eaton Vance employs a managed distribution plan to ensure regular monthly cash distributions to common shareholders, although the distribution amounts may be influenced by market conditions and investment performance, which enhances transparency and investor trust.
See More
Eaton Vance Announces November Distribution Plan with 27.57% Yield
- Distribution Amount Confirmation: Eaton Vance Enhanced Equity Income Fund announces a distribution of $0.1338 per share, reflecting the company's ongoing efforts to maintain cash flow stability, although the distribution primarily stems from long-term capital gains, indicating market challenges.
- Yield Performance: Eaton Vance Enhanced Equity Income Fund II boasts an annualized current distribution rate of 27.28%, which not only attracts investor interest but also enhances its appeal in a competitive market.
- Capital Return Situation: Eaton Vance Risk-Managed Diversified Equity Income Fund reports that 43.1% of its distribution comes from capital return, indicating a more conservative strategy in managing its portfolio to navigate market volatility.
- Overall Distribution Trend: Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund announces a distribution amount of $0.1733, showcasing the company's stability under a diversified investment strategy despite an uncertain overall market environment.
See More
Eaton Vance Funds Release Estimated January 2025 Distribution Sources
- Distribution Plan Implementation: The Board of Trustees of Eaton Vance Funds has approved the implementation of a managed distribution plan, which aims to provide monthly cash distributions to common shareholders, ensuring a stable cash flow for investors.
- Distribution Amount Overview: For instance, the Eaton Vance Enhanced Equity Income Fund has a distribution amount of $0.1338 per share, indicating stability in capital gains despite zero net investment income.
- Capital Return Risk: Each fund estimates that it has distributed more than its income and net realized capital gains, suggesting that a portion of the distribution may be a return of capital, which investors should consider when interpreting investment performance.
- Tax Reporting Considerations: Funds will send shareholders a Form 1099-DIV based on their investment experience and changes in tax regulations, highlighting that the actual sources of distribution amounts may vary, emphasizing the importance of tax compliance.
See More
Eaton Vance Funds Release January Distribution Estimates
- Distribution Plan Implementation: The Board of Trustees of Eaton Vance Funds has approved the implementation of a monthly cash distribution plan, ensuring fixed amounts per common share to shareholders, which enhances shareholder confidence and investment appeal.
- Distribution Amount Overview: The Eaton Vance Enhanced Equity Income Fund has a distribution amount of $0.1338 per share, reflecting a cumulative distribution of $0.5352 for the fiscal year 2025, indicating the fund's stability and ongoing return capability.
- Source of Earnings Analysis: The distributions of various funds are primarily sourced from long-term capital gains, with Eaton Vance Enhanced Equity Income Fund II distributing $0.1523 per share, showcasing its success in capital appreciation despite no investment income generated.
- Investor Advisory: Investors should note that distribution amounts may be adjusted due to market conditions, and a portion of the distribution may be a return of capital, emphasizing the need for cautious interpretation of investment performance to ensure reasonable expectations of returns.
See More
Eaton Vance Funds Release Estimated December 2025 Distribution Sources
- Distribution Plan Implementation: The Eaton Vance Funds' Board has approved a managed distribution plan, with an estimated December 2025 distribution amount of $0.1338 per share, reflecting the company's ongoing commitment to shareholders.
- Transparent Distribution Sources: The distribution sources include 57.4% from long-term capital gains and 42.6% from return of capital, indicating the company's ability to maintain stable cash flow amidst market fluctuations.
- Investor Advisory: While the distribution amount is set, actual distributions may be adjusted due to market conditions, reminding investors to be aware of potential capital returns.
- Tax Information Disclosure: Each fund will issue a Form 1099-DIV for 2025, providing necessary distribution information for tax reporting, ensuring investors understand their tax obligations.
See More
Eaton Vance Funds Release Estimated December 2025 Distribution Sources
- Distribution Plan Implementation: The Eaton Vance Board has approved a managed distribution plan, estimating a December 2025 distribution of $0.1338 per share, demonstrating the company's ongoing commitment to shareholders.
- Transparent Distribution Sources: The funds anticipate distributing more than their income and net realized capital gains, with 42.6% of the distribution coming from return of capital, highlighting the need for investors to focus on the nature of distributions rather than just yield.
- Market Condition Impact: Each fund's total distribution amount is subject to change due to market conditions, reflecting the company's ability to adapt in a dynamic market environment.
- Tax Information Disclosure: The funds will send shareholders a Form 1099-DIV, ensuring they understand how to report distributions, which enhances the company's accountability and transparency in compliance matters.
See More
Eaton Vance Announces Multiple Fund Distribution Plans
- Distribution Announcement: Eaton Vance announced multiple fund distribution plans on December 1, 2025, with the California Municipal Income Trust (CEV) declaring a distribution of $0.0500 per share, indicating the company's ongoing commitment to stable income generation.
- Market Performance: As of November 28, 2025, CEV's closing market price was $10.49, resulting in a distribution rate of 5.72%, reflecting investor confidence and the fund's competitive position in the municipal bond market.
- Tax Advantages: Eaton Vance's tax-advantaged distribution fund (such as EVT) declared a distribution of $0.1646 per share, showcasing the company's strategic advantage in providing tax-efficient returns, attracting investors seeking stable income.
- Managed Distribution Plan: Eaton Vance employs a managed distribution plan to ensure regular monthly cash distributions to common shareholders, although the distribution amounts may be influenced by market conditions and investment performance, which enhances transparency and investor trust.
See More
Eaton Vance Announces November Distribution Plan with 27.57% Yield
- Distribution Amount Confirmation: Eaton Vance Enhanced Equity Income Fund announces a distribution of $0.1338 per share, reflecting the company's ongoing efforts to maintain cash flow stability, although the distribution primarily stems from long-term capital gains, indicating market challenges.
- Yield Performance: Eaton Vance Enhanced Equity Income Fund II boasts an annualized current distribution rate of 27.28%, which not only attracts investor interest but also enhances its appeal in a competitive market.
- Capital Return Situation: Eaton Vance Risk-Managed Diversified Equity Income Fund reports that 43.1% of its distribution comes from capital return, indicating a more conservative strategy in managing its portfolio to navigate market volatility.
- Overall Distribution Trend: Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund announces a distribution amount of $0.1733, showcasing the company's stability under a diversified investment strategy despite an uncertain overall market environment.
See More
