Eaton Vance Funds Announce November Distribution Insights

Eaton Vance Funds Sharing November Distribution Insights

Eaton Vance has recently announced details regarding the estimated sources for their upcoming November distributions, aimed at various closed-end funds. This update serves as a vital resource for shareholders following the firm’s managed distribution plan and regulatory guidance from the Securities and Exchange Commission.

Understanding the Distribution Framework

The Board of Trustees of Eaton Vance has sanctioned a method to ensure regular monthly cash distributions for common shareholders, which are specified as fixed amounts per common share. This structure is notably adaptable and is subject to changes based on market trends and operational metrics.

Important Distribution Information

While shareholders anticipate their returns, they should be aware that the cumulative distribution amounts reported are subject to fluctuations due to various economic factors. Each fund may allocate a part of its distributions as a return of capital, indicating that some of the initial investment is being returned to shareholders, which might mislead about actual performance.

Detailed Fund Performance Metrics

Each fund's financial performance will be reported through various metrics, aiding shareholders in understanding their investments' health by analyzing net asset value (NAV) performance over certain periods.

Fund-Specific Distribution Forecasts

Below is a summary of selected Eaton Vance funds and their anticipated November distributions:

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)
Distribution Amount: $0.1338 per common share
Distribution Frequency: Monthly
Fiscal Year End: September

Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Amount: $0.1523 per common share
Distribution Frequency: Monthly
Fiscal Year End: December

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Amount: $0.0651 per common share
Distribution Frequency: Monthly
Fiscal Year End: December

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Amount: $0.1646 per common share
Distribution Frequency: Monthly
Fiscal Year End: October

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Amount: $0.1058 per common share
Distribution Frequency: Monthly
Fiscal Year End: December

A Summary of Upcoming Distributions

The following funds will also break down their respective distributions:

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Amount: $0.1733 per common share
Distribution Frequency: Monthly
Fiscal Year End: October

Eaton Vance Tax-Managed Global Dividend Income Fund (NYSE: ETG)
Distribution Amount: $0.1293 per common share
Distribution Frequency: Monthly
Fiscal Year End: October

Your awareness regarding how specific funds distribute returns can significantly aid in strategic financial planning and investment decisions.

Frequently Asked Questions

What is the purpose of Eaton Vance’s distribution announcements?

The distribution announcements are intended to inform shareholders about expected cash returns, enabling better investment planning.

How often are distributions made by Eaton Vance funds?

Many Eaton Vance funds make distributions monthly, providing frequent income opportunities for shareholders.

What does it mean when a distribution is a return of capital?

A return of capital means that part of your original investment is being paid back, which can affect perceptions of overall fund performance.

Will distributions vary year to year?

Yes, distribution amounts can change due to various market and fund performance factors.

How can investors access their distribution details?

Investors can review their specific fund's performance metrics and distribution announcements through Eaton Vance's website or shareholder communications.

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