Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--September 03, 2024--
The following Eaton Vance closed-end funds (the "Funds") announced distributions today as detailed below.
Declaration -- 9/3/2024 Ex-Date -- 9/13/2024 Record -- 9/13/2024 Payable --
9/20/2024
Municipal Bond
Funds:
Closing
Market Distribution
Change From Price Rate at
Prior -- Market
Fund Ticker Distribution Distribution 8/30/24 Price
-------------- ------- ------------ ------------ ------- ------------
Eaton Vance
California
Municipal
Income Trust CEV $0.0500 - $10.90 5.50%
Eaton Vance
Municipal
Income Trust EVN $0.0513 - $10.78 5.71%
Taxable Funds:
Closing
Market Distribution
Change From Price Rate at
Prior -- Market
Fund Ticker Distribution Distribution 8/30/24 Price
-------------- ------- ------------ ------------ ------- ------------
Eaton Vance
Senior Income
Trust EVF $0.0540 ($0.0010) $6.26 10.35%
Eaton Vance
Limited
Duration
Income Fund EVV $0.0806 $0.0005 $10.23 9.45%
Declaration -- 9/3/2024 Ex-Date -- 9/20/2024 Record -- 9/20/2024 Payable --
9/30/2024
Municipal Bond
Funds:
Closing
Market Distribution
Change From Price Rate at
Prior -- Market
Fund Ticker Distribution Distribution 8/30/24 Price
-------------- ------- ------------ ------------ ------- ------------
Eaton Vance
California
Municipal Bond
Fund EVM $0.0417 - $9.54 5.25%
Eaton Vance
Municipal Bond
Fund EIM $0.0508 - $10.48 5.82%
Eaton Vance
Municipal
Income 2028
Term Trust ETX $0.0782 - $18.87 4.98%
Eaton Vance
National
Municipal
Opportunities
Trust EOT $0.0683 - $17.45 4.70%
Eaton Vance New
York Municipal
Bond Fund ENX $0.0417 - $9.91 5.05%
Taxable Funds:
Closing
Market Distribution
Change From Price Rate at
Prior -- Market
Fund Ticker Distribution Distribution 8/30/24 Price
-------------- ------- ------------ ------------ ------- ------------
Eaton Vance
Floating-Rate
Income Trust EFT $0.1100 ($0.0040) $13.13 10.05%
Eaton Vance
Senior
Floating-Rate
Trust EFR $0.1050 ($0.0070) $12.77 9.87%
Eaton Vance
Short Duration
Diversified
Income Fund EVG $0.0797 $0.0002 $11.11 8.61%
Funds Making Distributions Under a Managed Distribution Plan*:
Closing
Market Distribution
Change From Price Rate at
Prior -- Market
Fund Ticker Distribution Distribution 8/30/24 Price
--------------- ------- ------------ ------------ ------- ------------
Eaton Vance
Enhanced Equity
Income Fund EOI $0.1338 - $19.27 8.33%
Eaton Vance
Enhanced Equity
Income Fund II EOS $0.1523 - $21.45 8.52%
Eaton Vance
Risk-Managed
Diversified
Equity Income
Fund ETJ $0.0651 - $9.06 8.62%
Eaton Vance
Tax-Advantaged
Dividend Income
Fund EVT $0.1646 - $24.54 8.05%
Eaton Vance
Tax-Advantaged
Global Dividend
Income Fund ETG $0.1293 - $19.07 8.14%
Eaton Vance
Tax-Advantaged
Global Dividend
Opportunities
Fund ETO $0.1733 - $26.05 7.98%
Eaton Vance
Tax-Managed
Buy-Write
Income Fund ETB $0.1058 - $14.17 8.96%
Eaton Vance
Tax-Managed
Buy-Write
Opportunities
Fund ETV $0.0993 - $13.62 8.75%
Eaton Vance
Tax-Managed
Diversified
Equity Income
Fund ETY $0.0992 - $14.23 8.37%
Eaton Vance
Tax-Managed
Global
Buy-Write
Opportunities
Fund ETW $0.0664 - $8.37 9.52%
Eaton Vance
Tax-Managed
Global
Diversified
Equity Income
Fund EXG $0.0657 - $8.51 9.26%
* 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. A Fund's Board of Trustees may amend or terminate the managed distribution plan at any time without prior notice to Fund shareholders.
Each Fund intends to make regular monthly cash distributions to its common shareholders (stated in terms of a fixed cents per common share dividend distribution rate). Each Fund's ability to maintain its declared distribution amount will depend on a number of factors, including the amount and stability of investment income earned by the Fund; the performance of the Fund's investments; the Fund's expenses, including the cost of financing for Funds that employ leverage; underlying market conditions; realized and projected returns; and other factors. There can be no assurance that an unanticipated change in market conditions or other factors will not result in a change in a Fund's distributions at a future time.
Shareholders should not draw any conclusions about a Fund's investment performance from the amount of any monthly distribution. Each Fund's distributions may be comprised of amounts characterized for U.S. federal income tax purposes as tax-exempt income, qualified and non-qualified ordinary dividends, capital gains and non-dividend distributions, also known as return of capital. A Fund may distribute more than its net investment income and net realized capital gains and, therefore, a distribution may include a return of capital. With each distribution, a Fund will issue a notice to its common shareholders containing information about the amount and sources of the distribution and other related information. Further information regarding Fund distributions will also be available prior to any applicable 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. Shareholders should not assume that the source of any distribution from a Fund is net income or profit, and the Fund's distributions should not be used as a measure of performance or confused with "yield" or "income."
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. 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.
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CONTACT:
Investor Contact: (800) 262-1122
(END) Dow Jones Newswires
September 03, 2024 16:00 ET (20:00 GMT)
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