Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--June 01, 2023--
The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below.
Declaration -- 6/1/2023 Ex-Date -- 6/9/2023 Record -- 6/12/2023
Payable -- 6/20/2023
Municipal Bond
Funds:
Closing
Change From Market Distribution
Prior Price -- Rate at Market
Fund Ticker Distribution Distribution 5/31/23 Price
-------------- -------- ------------ ------------ ----------- --------------
Eaton Vance
California
Municipal
Income Trust CEV $0.0371 - $9.88 4.51%
Eaton Vance
Municipal
Income Trust EVN $0.0410 - $9.81 5.02%
Taxable Funds: $9.88 4.51%
Closing
Change From Market Distribution
Prior Price -- Rate at Market
Fund Ticker Distribution Distribution 5/31/23 Price
-------------- -------- ------------ ------------ ----------- --------------
Eaton Vance
Senior Income
Trust EVF $0.0530 - $5.24 12.14%
Eaton Vance
Limited
Duration
Income Fund EVV $0.0772 ($0.0015) $9.05 10.24%
Declaration -- 6/1/2023 Ex-Date -- 6/21/2023 Record -- 6/22/2023
Payable -- 6/30/2023 Municipal Bond Funds:
Closing Distribution
Change From Market Rate at
Prior Price -- Market
Fund Ticker Distribution Distribution 5/31/23 Price
--------------- ------- ------------ ------------ ----------- ------------
Eaton Vance
California
Municipal
Bond Fund EVM $0.0306 - $8.70 4.22%
Eaton Vance
Municipal
Bond Fund EIM $0.0354 - $9.87 4.30%
Eaton Vance
Municipal
Income 2028
Term Trust ETX $0.0617 - $17.90 4.14%
Eaton Vance
National
Municipal
Opportunities
Trust EOT $0.0625 - $17.84 4.20%
Eaton Vance
New York
Municipal
Bond Fund ENX $0.0297 - $9.21 3.87%
Taxable Funds:
Closing Distribution
Change From Market Rate at
Prior Price -- Market
Fund Ticker Distribution Distribution 5/31/23 Price
-------------- ------- ------------ ------------ ----------- ------------
Eaton Vance
Floating-Rate
Income Trust EFT $0.1100 ($0.0010) $11.24 11.74%
Eaton Vance
Senior
Floating-Rate
Trust EFR $0.1050 $0.0020 $11.18 11.27%
Eaton Vance
Short
Duration
Diversified
Income Fund EVG $0.0749 ($0.0008) $9.61 9.35%
Funds Making Distributions Under a Managed Distribution Plan*:
Closing Distribution
Change From Market Rate at
Prior Price -- Market
Fund Ticker Distribution Distribution 5/31/23 Price
--------------- ------- ------------ ------------ ---------- ------------
Eaton Vance
Enhanced
Equity Income
Fund EOI $0.1095 - $15.40 8.53%
Eaton Vance
Enhanced
Equity Income
Fund II EOS $0.1152 - $16.64 8.31%
Eaton Vance
Risk-Managed
Diversified
Equity Income
Fund ETJ $0.0579 - $7.79 8.92%
Eaton Vance
Tax-Advantaged
Dividend
Income Fund EVT $0.1488 - $21.36 8.36%
Eaton Vance
Tax-Advantaged
Global
Dividend
Income Fund ETG $0.1001 - $15.86 7.57%
Eaton Vance
Tax-Advantaged
Global
Dividend
Opportunities
Fund ETO $0.1374 - $22.11 7.46%
Eaton Vance
Tax-Managed
Buy-Write
Income Fund ETB $0.0932 - $12.96 8.63%
Eaton Vance
Tax-Managed
Buy-Write
Opportunities
Fund ETV $0.0949 - $12.22 9.32%
Eaton Vance
Tax-Managed
Diversified
Equity Income
Fund ETY $0.0805 - $11.63 8.31%
Eaton Vance
Tax-Managed
Global
Buy-Write
Opportunities
Fund ETW $0.0582 - $8.03 8.70%
Eaton Vance
Tax-Managed
Global
Diversified
Equity Income
Fund EXG $0.0553 - $7.76 8.55%
* These Funds make distributions in accordance with a managed distribution plan. Under the managed distribution plan, a Fund issues a notice to shareholders and a press release containing information about the amount and sources of the distribution and other related information on payment date of the distribution. A Fund's distributions in any period may be more or less than the net return earned by the Fund on its investments, and therefore should not be used as a measure of performance or confused with "yield" or "income." Distributions in excess of Fund returns will cause its net asset value to erode. Investors should not draw any conclusions about a Fund's investment performance from the amount of its distribution or from the terms of its managed distribution plan. The Fund's Board may amend or terminate the managed distribution plan at any time without prior notice to Fund shareholders.
The Distribution Rate at Market Price is based on the Fund's most recent regular distribution per share (annualized) divided by the Fund's market price at the end of the period. Fund distributions may be affected by numerous factors, including changes in Fund performance, the cost of financing for Funds that employ leverage, portfolio holdings, realized and projected returns, and other factors. There can be no assurance that an unanticipated change in market conditions or other unforeseen factors will not result in a change in a Fund's distributions at a future time.
A portion of the distributions may be comprised of amounts from sources other than net investment income. If that is the case, you will be notified in writing. Further information will be available prior to the payment date at funds.eatonvance.com. The final determination of tax characteristics of each Fund's distributions will occur after the end of the year, at which time it will be reported to the shareholders.
Eaton Vance applies in-depth fundamental analysis to the active management of equity, income, alternative and multi-asset strategies. Eaton Vance's investment teams follow time-tested principles of investing that emphasize ongoing risk management, tax management (where applicable) and the pursuit of consistent long-term returns. The firm's investment capabilities encompass the global capital markets. With a history dating back to 1924, Eaton Vance is headquartered in Boston and also maintains investment offices in New York, London, Tokyo and Singapore. For more information, visit evmanagement.com. Eaton Vance is a part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley.
Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.
View source version on businesswire.com: https://www.businesswire.com/news/home/20230601006059/en/
CONTACT:
Investors: (800) 262-1122
(END) Dow Jones Newswires
June 01, 2023 16:37 ET (20:37 GMT)
Comments