Press Release: Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Dow Jones06-28

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--June 28, 2024-- 

The Eaton Vance closed-end funds listed below released today the estimated sources of their June 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 June distribution. It is not determinative of the tax character of a Fund's distributions for the 2024 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 June distribution and its cumulative distributions paid for its fiscal year through June 30, 2024, and information relating to each Fund's performance based on its net asset value $(NAV)$ for certain periods.

 
Eaton Vance Enhanced Equity 
 Income Fund $(EOI)$ 
------------------------------- 
Distribution 
Period:          June- 2024 
Distribution 
 Amount per 
 Common Share:   $0.1338 
Distribution 
Frequency:       Monthly 
Fiscal Year 
End:             September 
                                                  Cumulative       % of the 
                                                 Distributions    Cumulative 
                                                    for the     Distributions 
                    Current      % of Current    Fiscal Year-   for the Fiscal 
Source            Distribution    Distribution      to-Date      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      $0.1338         100.00%        $0.9246         100.00% 
Return of 
 Capital or 
 Other Capital 
 Source(s)          $0.0000          0.00%         $0.0000          0.00% 
Total per 
 common share       $0.1338         100.00%        $0.9246         100.00% 
 
Average annual total return at NAV for the 
 5-year period ended on May 31, 2024 (1)            13.89% 
Annualized current distribution rate expressed 
 as a percentage of NAV as of May 31, 2024 
 (2)                                                8.50% 
Cumulative total return at NAV 
 for the fiscal year through 
 May 31, 2024 (3)                                   25.93% 
Cumulative fiscal year to date distribution 
 rate as a percentage of NAV as of May 31, 
 2024 (4)                                           4.89% 
 
Eaton Vance Enhanced Equity 
 Income Fund II $(EOS)$ 
------------------------------- 
Distribution 
Period:          June- 2024 
Distribution 
 Amount per 
 Common Share:   $0.1523 
Distribution 
Frequency:       Monthly 
Fiscal Year 
End:             December 
                                                  Cumulative       % of the 
                                                 Distributions    Cumulative 
                                                    for the     Distributions 
                    Current      % of Current    Fiscal Year-   for the Fiscal 
Source            Distribution    Distribution      to-Date      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      $0.0553         36.30%         $0.1821          28.00% 
Return of 
 Capital or 
 Other Capital 
 Source(s)          $0.0970         63.70%         $0.4681          72.00% 
Total per 
 common share       $0.1523         100.00%        $0.6502         100.00% 
 
Average annual total return at NAV for the 
 5-year period ended on May 31, 2024 (1)            14.54% 
Annualized current distribution rate expressed 
 as a percentage of NAV as of May 31, 2024 
 (2)                                                8.50% 
Cumulative total return at NAV 
 for the fiscal year through 
 May 31, 2024 (3)                                   12.58% 
Cumulative fiscal year to date distribution 
 rate as a percentage of NAV as of May 31, 
 2024 (4)                                           3.03% 
 
Eaton Vance Risk-Managed 
 Diversified Equity Income Fund 
 $(ETJ)$ 
------------------------------- 
Distribution 
Period:          June- 2024 
Distribution 
 Amount per 
 Common Share:   $0.0651 
Distribution 
Frequency:       Monthly 
Fiscal Year 
End:             December 
                                                  Cumulative       % of the 
                                                 Distributions    Cumulative 
                                                    for the     Distributions 
                    Current      % of Current    Fiscal Year-   for the Fiscal 
Source            Distribution    Distribution      to-Date      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      $0.0000          0.00%         $0.0702          23.10% 
Return of 
 Capital or 
 Other Capital 
 Source(s)          $0.0651         100.00%        $0.2337          76.90% 
Total per 
 common share       $0.0651         100.00%        $0.3039         100.00% 
 
Average annual total return at NAV for the 
 5-year period ended on May 31, 2024 (1)            9.99% 
Annualized current distribution rate expressed 
 as a percentage of NAV as of May 31, 2024 
 (2)                                                8.49% 
Cumulative total return at NAV 
 for the fiscal year through 
 May 31, 2024 (3)                                   12.35% 
Cumulative fiscal year to date distribution 
 rate as a percentage of NAV as of May 31, 
 2024 (4)                                           3.30% 
 
Eaton Vance Tax-Advantaged 
 Dividend Income Fund (NYSE: 
 EVT) 
------------------------------- 
Distribution 
Period:          June- 2024 
Distribution 
 Amount per 
 Common Share:   $0.1646 
Distribution 
Frequency:       Monthly 
Fiscal Year 
End:             October 
                                                  Cumulative       % of the 
                                                 Distributions    Cumulative 
                                                    for the     Distributions 
                    Current      % of Current    Fiscal Year-   for the Fiscal 
Source            Distribution    Distribution      to-Date      Year-to-Date 
Net Investment 
 Income             $0.0251         15.20%         $0.1662          15.50% 
Net Realized 
 Short-Term 
 Capital Gains      $0.0000          0.00%         $0.0000          0.00% 
Net Realized 
 Long-Term 
 Capital Gains      $0.1395         84.80%         $0.9070          84.50% 
Return of 
 Capital or 
 Other Capital 
 Source(s)          $0.0000          0.00%         $0.0000          0.00% 
Total per 
 common share       $0.1646         100.00%        $1.0732         100.00% 
 
Average annual total return at NAV for the 
 5-year period ended on May 31, 2024 (1)            11.44% 
Annualized current distribution rate expressed 
 as a percentage of NAV as of May 31, 2024 
 (2)                                                7.56% 
Cumulative total return at NAV 
 for the fiscal year through 
 May 31, 2024 (3)                                   27.06% 
Cumulative fiscal year to date distribution 
 rate as a percentage of NAV as of May 31, 
 2024 (4)                                           4.11% 
 
Eaton Vance Tax-Advantaged Global Dividend 
 Opportunities Fund $(ETO)$ 
---------------------------------------------- 
Distribution 
Period:          June- 2024 
Distribution 
 Amount per 
 Common Share:   $0.1733 
Distribution 
Frequency:       Monthly 
Fiscal Year 
End:             October 
                                                  Cumulative       % of the 
                                                 Distributions    Cumulative 
                                                    for the     Distributions 
                    Current      % of Current    Fiscal Year-   for the Fiscal 
Source            Distribution    Distribution      to-Date      Year-to-Date 
Net Investment 
 Income             $0.0753         43.50%         $0.2532          24.50% 
Net Realized 
 Short-Term 
 Capital Gains      $0.0000          0.00%         $0.0000          0.00% 
Net Realized 
 Long-Term 
 Capital Gains      $0.0007          0.40%         $0.6831          66.10% 
Return of 
 Capital or 

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