Eaton Vance Closed-End Funds Announce Projected Distribution Sources

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.