Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed-end investment fund company. Its investment objective is to provide a high level of after-tax total return. The company invests primarily in global dividend-paying common and preferred stocks and seeks to distribute a high level of divided income that qualifies for favorable federal income tax treatment. Eaton Vance Tax-Advantaged Global Dividend Income Fund was founded on January 30, 2004 and is headquartered in Boston, MA.

Eaton Vance California Municipal Income Trust

Eaton Vance Senior Floating Rate Fund

Eaton Vance Floating-Rate Income Trust

Eaton Vance New York Municipal Bond Fund

Eaton Vance Enhanced Equity Income Fund

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance National Municipal Opportunities Trust

Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance California Municipal Bond Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/1/2024 Ex-Date – 11/11/2024 Record – 11/11/2024 Payable – 11/18/2024   Municipal Bond Funds: Fund Ticker   Distribution   Change From Prior Distribution   Closing Market Price – 10/31/24   Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV   $0.0500   -   $10.55   5.69% Eaton Vance Municipal Income Trust EVN   $0.051.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October 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 amou.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Goldman Sachs predicts average annual S&P 500 returns of 3% over the next decade, prompting a defensive portfolio stance with reliable, tax-efficient income streams. Eaton Vance Tax-Advantaged Global Dividend Income Fund offers a high 8.2% dividend yield, monthly payouts, and global diversification, making it ideal for income-focused investors. ETG trades at a 9.5% discount to NAV, uses leverage to amplify returns, and employs an option strategy for additional income, despite potential rate sensitivity.

ETG: Global Exposure And Tax Efficient Dividend

Columbia Seligman Premium Technology Growth Func Inc

Closed-end funds (CEFs), with an average yield of around 8%, are terrific for just about any investor—especially those looking to their portfolios to help pay the bills.

Forget Tech Volatility: ‘Go Global' With This Steady 8.1% Payer

The Eaton Vance Tax-Advantaged Global Dividend Income Fund is currently trading at a deep and attractive discount, making it a potential option for long-term investors. The fund focuses on holding a mostly equity portfolio with a global tilt, which can have some benefits for diversification purposes. The fund is leveraged, and they could benefit from rate cuts as that would ease the costs of their borrowings; however, leverage also comes with greater risks.

ETG: Attractive Monthly Distribution And Global Exposure

Adams Diversified Equity Fund

Aberdeen Standard Global Infr Inc Fd

BlackRock Enhanced Equity Dividend Trust

Blackrock Health Sciences Trust

Flaherty & Crumrine Total Return Fund Inc

John Hancock Tax-Advantaged Dividend Income Fund

Nuveen AMT-Free Municipal Value Fund

Western Asset Investment Grade Income Fund

Cohen & Steers Real Estate Opportunities and Income Fund

Closed-end funds overall have seen discounts narrow since the start of the year, but opportunities still exist in certain areas of the market. With increased market volatility more recently, that may lead to discounts widening back out, which could create even more opportunities in this structure. I hold 42 positions in my CEF portfolio, with the top 10 positions making up 37.40% of the portfolio—here's a review of those top 10 names.

My Top 10 Closed-End Fund Holdings: August 2024

Eaton Vance Tax-Advantaged Global Dividend Income Fund offers high income without sacrificing equity upside potential or inflation protection. The ETG closed-end fund invests primarily in dividend-paying stocks from around the world. The fund claims to be investing in things that pay dividends qualifying for favorable income tax treatment, but the distribution is mostly long-term capital gains.

ETG: Higher Turnover Than Expected, But Still A Worthy 8%-Yielding Equity Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund has performed well this year due to strong equity performance overall. ETG provides investors with an attractive monthly distribution yield, which has been bumped higher since our last update. ETG continues to trade at an attractive discount, near the fund's historically widest levels outside of the GFC and briefly during the Covid plunge.

ETG: Distribution Bump With A Diversified Global Portfolio

AutoZone

ArrowMark Financial

BlackRock Enhanced Capital and Income Fund

Discover

Essent Group

India Fund Inc

Barings Participation Investors

Neuberger Berman MLP Income Fund, Inc.

LMP Capital and Income Fund

Steel Dynamics

Liberty All Star Equity Fund

U.S. Bancorp

Williams-Sonoma

XAI Octagon Floating Rate & Alternative Income Term Trust

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For A 10% Yield (May 2024)

Eagle Bancorp

Kimbell Royalty Partners

Virtus AllianzGI Convertible & Income Fund

Sinclair Inc

The Bureau of Labor Statistics reported in early April 2024 that the Consumer Price Index rose 3.5%. This means inflation has now exceeded the Federal Reserve's 2% inflation target for 37 consecutive months.

How To Generate $10,000 In Passive Income This Year

After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for ETV to 32.2% for EOS which gets most of the funds back up to their previous distribution levels from 2022.

Eaton Vance Raises Distributions On All Equity CEFs

Apple

Broadcom

Enterprise Products Partners

Energy Transfer LP Unit

Morgan Stanley India Investment Fund Inc

Microsoft

ONEOK

Oxford Lane Capital

PIMCO Dynamic Income Strategy Fund

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 8.5% Yield (March 2024)

Hoya Capital High Dividend Yield ETF

The broader market has continued its march higher throughout February, reaching new record highs. Despite the market continuing to move higher, I believe there are still opportunities to put cash to work.

3 Closed-End Fund (Plus An ETF) Buys In The Month Of February 2024

Eaton Vance has multiple equity closed-end funds with similar names, but each fund generally has subtle differences in their portfolios and underlying investment strategies. The Eaton Vance Tax-Advantaged Global Dividend Income Fund and the Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund are two funds that are rather unique.

ETG Vs. ETO: The Eaton Vance Leveraged Equity CEF Twins

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed-end fund that invests globally in the equity of U.S. and non-U.S companies and, to a lesser extent, in preferred and fixed-income securities. The ETG CEF has a good long-term record of performance. However, the recent performance has been sub-par, more so on the market price. We believe it is an attractive fund for income investors that is highly diversified with global exposure and has proven to provide sustainable income in good times and bad.

ETG: Nearly 7% Attractive Income Yield And Global Exposure

Eaton Vance Tax-Advantaged Global Dividend Income Fund has finished 2023 with a solid performance. The solid performance actually moved the fund to a sizeable discount, which is perfect for investors looking to acquire or grow their position. The fund's distribution rate is barely over 6%, and that should bode well for a potential increase in the future.

ETG: Discount Keeps This Fund Appealing

BlackRock Science & Technology

Blackrock ESG Capital Allocation Trust

NXG NextGen Infrastructure Income Fund

PIMCO Dynamic Income Opportunities Fund

John Hancock Premium Dividend Fund

Cohen & Steers Tax-Adv Pref Secs and Inc Fund

Cohen & Steers Quality Income Realty Fund

Reaves Utility Income Fund

I have a total of 41 positions in my closed-end fund portfolio, with the top ten positions making up 36.52% of the portfolio. We have four new names making their way to my top ten list since the prior update, but three were already positions that have simply grown to be larger allocations. Closed-end funds overall look to be a place of opportunity as discounts remain historically wide across both equity and fixed-income-focused funds.

My Top 10 Closed-End Fund Holdings: December 2023

Eaton Vance Tax-Advantaged Global Dividend Income Fund offers investors the opportunity to earn income from international assets without sacrificing potential upside. The fund's current yield of 7.07% is lower than other fixed income and equity funds, making it less appealing to income-focused investors. The fund has underperformed the S&P 500 Index and the MSCI World Index recently, but has outperformed when considering distributions received by investors.

ETG: Fully Covered 7.07% Yield And An Attractive Entry Price

Virtus AllianzGI Diversified Income & Convertible Fund

Eagle Point Credit

abrdn World Healthcare Fund 

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records, pay high distributions, and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 10% Yield (October 2023)

Closed-end funds are often more sensitive to market movements, through being leveraged but also their discount/premium mechanics. Eaton Vance Tax-Advantaged Global Dividend Income Fund has seen a drop due to September's weakness and also a widening discount, creating a potential opportunity for investors. ETG focuses on global dividend-paying stocks and offers tax advantages, but its leverage and expense ratio has increased due to those borrowing costs rising.

ETG: Equities Fall And Discount Expands For This Solid Fund

The Eaton Vance Tax-Advantaged Global Dividend Income Fund offers a high level of current income with a 7.41% yield. The fund has underperformed the S&P 500 Index and MSCI World Index over the past year. The fund's portfolio includes a mix of dividend-paying stocks, preferred stocks, and bonds, but some of its top holdings do not pay dividends.

ETG: A Reasonable Alternative To The MSCI World Index With A Higher Yield

BlackRock Resources & Commodities Strategy Trust

Calamos Strategic Total Return Fund

Nuveen Floating Rate Income Fund

Barings Corporate Investors

Closed-end funds offer high income, diversification, and market-matching total returns for income-focused investors. Five CEFs with solid track records, high distributions, and attractive discounts are highlighted in this monthly series. The selected CEFs offer an average distribution rate of over 9%, have strong historical performance, and trade at an average discount of -6.5% to NAV.

5 Best CEFs To Buy This Month (August 2023)

Sprott Focus Trust

Royce Value Trust

5 Best CEFs To Buy This Month (July 2023)

The Eaton Vance Tax-Advantaged Global Dividend Income Fund offers investors exposure to a range of global positions, with the majority of the fund invested in common stocks. Despite a distribution cut last year, the fund has shown decent returns and is currently traded at an attractive discount due to the fund's net asset value rising faster than the share price. The fund is leveraged which can lead to greater volatility and risks, but can also produce better returns over the long term; however, rising borrowing costs have increased the fund's total expense ratio.

ETG: Discounted Global Exposure

Liberty All-Star Growth Fund

Putnam High Income Securities Fund

PIMCO Income Strategy Fund II

abrdn Life Sciences Investors 

For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone.

5 Best CEFs To Buy This Month (May 2023)

News for Eaton Vance Tax-Advantaged Global Dividend Income Fund ETF (ETG)