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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

By: Eaton Vance via Business Wire

November 30, 2023 at 16:30 PM EST

The Eaton Vance closed-end funds listed below released today the estimated sources of their November 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 November distribution. It is not determinative of the tax character of a Fund’s distributions for the 2023 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 November distribution and its cumulative distributions paid for its fiscal year through November 30, 2023, 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:	November- 2023
Distribution Amount per Common Share:	$0.1095
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	$0.0646	59.00%	$0.1741	79.50%
Return of Capital or Other Capital Source(s)	$0.0449	41.00%	$0.0449	20.50%
Total per common share	$0.1095	100.00%	$0.2190	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			8.81%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.48%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			-1.33%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			0.71%


Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.1152
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	$0.1152	100.00%	$1.2672	100.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1152	100.00%	$1.2672	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			9.43%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			7.87%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			19.25%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			6.56%


Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0579
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	$0.0025	4.30%	$0.0172	2.70%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.3401	53.40%
Return of Capital or Other Capital Source(s)	$0.0554	95.70%	$0.2796	43.90%
Total per common share	$0.0579	100.00%	$0.6369	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			5.94%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.65%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			8.05%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			7.21%


Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.1488
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	$0.0275	18.50%	$0.0275	18.50%
Net Realized Short-Term Capital Gains	$0.0012	0.80%	$0.0012	0.80%
Net Realized Long-Term Capital Gains	$0.1201	80.70%	$0.1201	80.70%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1488	100.00%	$0.1488	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			6.91%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.28%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			-1.98%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			8.28%


Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.1374
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	$0.0047	3.40%	$0.0047	3.40%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.1223	89.00%	$0.1223	89.00%
Return of Capital or Other Capital Source(s)	$0.0104	7.60%	$0.0104	7.60%
Total per common share	$0.1374	100.00%	$0.1374	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			8.93%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			7.27%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			11.13%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			7.27%


Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0932
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	$0.0092	9.90%	$0.0779	7.60%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0334	35.80%	$0.5331	52.00%
Return of Capital or Other Capital Source(s)	$0.0506	54.30%	$0.4142	40.40%
Total per common share	$0.0932	100.00%	$1.0252	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			6.49%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.34%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			9.81%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			6.95%


Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0949
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	$0.0048	5.10%	$0.0376	3.60%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0427	45.00%	$0.4322	41.40%
Return of Capital or Other Capital Source(s)	$0.0474	49.90%	$0.5741	55.00%
Total per common share	$0.0949	100.00%	$1.0439	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			6.34%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			9.18%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			10.55%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			7.65%


Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0805
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	$0.0805	100.00%	$0.0805	100.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.0805	100.00%	$0.0805	100.0%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			8.57%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.28%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			11.53%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			8.28%


Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0582
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	$0.0105	18.00%	$0.0922	14.40%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0115	19.80%	$0.3047	47.60%
Return of Capital or Other Capital Source(s)	$0.0362	62.20%	$0.2433	38.00%
Total per common share	$0.0582	100.00%	$0.6402	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			4.73%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.39%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			6.77%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			7.00%


Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.1001
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	$0.0119	11.90%	$0.0119	11.90%
Return of Capital or Other Capital Source(s)	$0.0882	88.10%	$0.0882	88.10%
Total per common share	$0.1001	100.00%	$0.1001	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			8.06%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			7.15%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			13.04%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			7.15%


Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:	November- 2023
Distribution Amount per Common Share:	$0.0553
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	$0.0030	5.40%	$0.0030	5.40%
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)	$0.0523	94.60%	$0.0523	94.60%
Total per common share	$0.0553	100.00%	$0.0553	100.00%

Average annual total return at NAV for the 5-year period ended on October 31, 2023 ¹			8.12%
Annualized current distribution rate expressed as a percentage of NAV as of October 31, 2023 ²			8.30%
Cumulative total return at NAV for the fiscal year through October 31, 2023 ³			11.57%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of October 31, 2023 ⁴			8.30%


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 October 31, 2023
² The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of October 31, 2023
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 October 31, 2023 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 October 31, 2023 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of October 31, 2023

View source version on businesswire.com: https://www.businesswire.com/news/home/20231130564855/en/

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