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 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, 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 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 December 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, 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:
December- 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
$0.0768
57.4%
$0.2957
73.7%
Return of Capital or Other Capital Source(s)
$0.0570
42.6%
$0.1057
26.3%
Total per common share
$0.1338
100.00%
$0.4014
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
13.80%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.55%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
2.35%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
1.26%
Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:
December- 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
$0.0906
59.5%
$1.7656
96.6%
Return of Capital or Other Capital Source(s)
$0.0617
40.5%
$0.0620
3.4%
Total per common share
$0.1523
100.00%
$1.8276
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
12.18%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.41%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
13.76%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
6.80%
Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:
December- 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
$0.0161
24.8%
$0.2554
32.7%
Return of Capital or Other Capital Source(s)
$0.0490
75.2%
$0.5258
67.3%
Total per common share
$0.0651
100.00%
$0.7812
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
9.11%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.98%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
9.03%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
7.31%
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:
December- 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
$0.0288
17.5%
$0.0550
16.71%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0012
0.36%
Net Realized Long-Term Capital Gains
$0.1358
82.5%
$0.2730
82.93%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0000
0.0%
Total per common share
$0.1646
100.00%
$0.3292
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
10.70%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.31%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
1.42%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
0.61%
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:
December- 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
$0.0254
14.6%
$0.0469
13.5%
Net Realized Short-Term Capital Gains
$0.0010
0.6%
$0.0021
0.6%
Net Realized Long-Term Capital Gains
$0.1469
84.8%
$0.2976
85.9%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0000
0.0%
Total per common share
$0.1733
100.00%
$0.3466
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
12.33%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
6.64%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
1.57%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
0.55%
Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:
December- 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
$0.0056
5.3%
$0.0406
3.2%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0993
93.9%
$0.9776
77.0%
Return of Capital or Other Capital Source(s)
$0.0009
0.8%
$0.2514
19.8%
Total per common share
$0.1058
100.00%
$1.2696
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
11.92%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.77%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
13.56%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
7.12%
Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:
December- 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
0.98%
Net Realized Short-Term Capital Gains
$0.0000
0.00%
$0.0000
0.00%
Net Realized Long-Term Capital Gains
$0.0993
100.00%
$0.9666
81.11%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.2133
17.91%
Total per common share
$0.0993
100.00%
$1.1916
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
11.50%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.62%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
13.09%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
6.99%
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:
December- 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
$0.0575
57.9%
$0.0980
49.4%
Net Realized Long-Term Capital Gains
$0.0417
42.1%
$0.1004
50.6%
Return of Capital or Other Capital Source(s)
$0.0000
0.00%
$0.0000
0.00%
Total per common share
$0.0992
100.0%
$0.1984
100.0%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
13.79%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.54%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
1.53%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
0.63%
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:
December- 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
$0.0047
7.1%
$0.1522
19.1%
Net Realized Short-Term Capital Gains
$0.0000
0.0%
$0.0000
0.0%
Net Realized Long-Term Capital Gains
$0.0617
92.9%
$0.4542
57.0%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.1904
23.9%
Total per common share
$0.0664
100.00%
$0.7968
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
9.77%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.85%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
18.70%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
7.20%
Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:
December- 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
$0.0068
5.3%
$0.0103
4.0%
Net Realized Short-Term Capital Gains
$0.0020
1.5%
$0.0027
1.0%
Net Realized Long-Term Capital Gains
$0.1205
93.2%
$0.2133
82.5%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0323
12.5%
Total per common share
$0.1293
100.00%
$0.2586
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
13.04%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
6.63%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
1.44%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
0.55%
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:
December- 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
$0.0027
4.1%
$0.0068
5.2%
Net Realized Short-Term Capital Gains
$0.0242
36.8%
$0.0375
28.5%
Net Realized Long-Term Capital Gains
$0.0388
59.1%
$0.0871
66.3%
Return of Capital or Other Capital Source(s)
$0.0000
0.0%
$0.0000
0.0%
Total per common share
$0.0657
100.00%
$0.1314
100.00%
Average annual total return at NAV for the 5-year period ended on November 30, 2025 1
11.33%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2025 2
7.99%
Cumulative total return at NAV for the fiscal year through November 30, 2025 3
1.63%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2025 4
0.67%
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, 2025
2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of November 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 November 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 November 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 November 30, 2025