Overview

Historical Returns (%) as of Jun 30, 2019

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested and includes management fees and other expenses. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution ex date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than or equal to one year is cumulative.
 

Distribution Rates1

as of Sep 20, 2019
Distribution Rate at NAV 7.16%
Distribution Rate at Market Price 7.47%
 

Fund Facts

Performance Inception 01/30/2004
Investment Objective High level of after-tax total return
CUSIP 27828S101

Expense Ratios (%)2

as of Annual Report dated 10/31/2018
Management Fees 1.10
Other Expenses 0.08
Total Expenses (ex Interest and Fee Expense) 1.18
Interest and Fee Expense 0.76
Total Expenses 1.94
 

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Performance

Historical Returns (%) as of Jun 30, 2019

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested and includes management fees and other expenses. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution ex date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than or equal to one year is cumulative.
 

Calendar Year Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Fund at NAV 26.70 13.14 0.08 17.23 29.62 5.24 3.58 2.06 25.07 -12.48
Market Price 44.57 12.45 -5.37 21.32 33.90 2.61 3.39 -1.33 32.55 -15.89
 

Fund Facts

Performance Inception 01/30/2004
 

Distribution Rates1

as of Sep 20, 2019
Distribution Rate at NAV 7.16%
Distribution Rate at Market Price 7.47%
 

Distribution History3

Ex-Date Distribution Reinvest Price
Aug 22, 2019 $0.10250 $16.02
Jul 23, 2019 $0.10250 $15.87
Jun 20, 2019 $0.10250 $16.31
May 23, 2019 $0.10250 $15.18
Apr 22, 2019 $0.10250 $16.10
Mar 20, 2019 $0.10250 $15.84
Feb 20, 2019 $0.10250 $15.54
Jan 23, 2019 $0.10250 $15.17
Dec 21, 2018 $0.10250 $13.93
Nov 21, 2018 $0.10250 $15.29
View All
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
 

Tax Character of Distributions

Ordinary Dividends    
Non-Qualified Qualified Total Capital Gain Distributions Nondividend Distributions Total Distributions
Distributions ($)
2018 $0.00 $0.62 $0.62 $0.61 $0.00 $1.23
2017 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2016 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2015 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2014 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2013 $0.00 $1.13 $1.13 $0.00 $0.00 $1.13
2012 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2011 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2010 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2009 $0.00 $1.23 $1.23 $0.00 $0.00 $1.23
2008 $0.13 $1.70 $1.83 $0.00 $0.00 $1.83
2007 $0.00 $1.69 $1.69 $0.00 $0.00 $1.69
2006 $0.00 $1.47 $1.47 $0.00 $0.00 $1.47
2005 $0.00 $1.31 $1.31 $0.00 $0.00 $1.31
Distributions (%)
2018 0.00% 50.79% 50.79% 49.21% 0.00% 100.00%
2017 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2016 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2015 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2014 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2013 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2012 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2011 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2010 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2009 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2008 7.00% 93.00% 100.00% 0.00% 0.00% 100.00%
2007 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2006 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%
2005 0.00% 100.00% 100.00% 0.00% 0.00% 100.00%

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Portfolio

 

Fund Holdings (%)4,5 as of Jul 31, 2019

Holding % of Net Assets
Alphabet Inc - CL C 3.67%
Amazon.com Inc 3.02%
Microsoft Corp 2.96%
SPDR S&P 500 ETF Trust 2.05%
First Trust Preferred Securities and Income ETF 1.96%
Walt Disney Co 1.85%
Apple Inc 1.83%
EV Cash Reserves Fund LLC 1.71%
BT Group PLC 1.66%
NextEra Energy Inc 1.60%
View All

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Management

Christopher M. Dyer, CFA

Christopher M. Dyer, CFA

Vice President, Director of Global Equity, Eaton Vance Advisers International Ltd.
Joined Eaton Vance 2015

Biography

Chris Dyer is a vice president of Eaton Vance Advisers International Ltd. and director of global equity. He is responsible for leading the global large-cap equity team, and is a portfolio manager for global and international equity portfolios. He joined Eaton Vance in 2015.

Chris began his career in the financial services industry in 1995. Before joining Eaton Vance, he was managing director and head of European equity for Goldman Sachs Asset Management (GSAM), where he was affiliated since 2001.

Chris earned a B.S., cum laude, from Georgetown University and an MBA from The Wharton School, University of Pennsylvania. He is a CFA charterholder.

Education
  • B.S. Georgetown University
  • M.B.A. The Wharton School, University of Pennsylvania

Experience
  • Managed Fund since 2015

 
Michael A. Allison, CFA

Michael A. Allison, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2000

Biography

Michael Allison is a vice president of Eaton Vance Management, a director of equity strategy implementation and a structured equity portfolio manager on a number of Eaton Vance’s global and domestic equity income and tax-managed equity portfolios. On those funds, he is responsible for portfolio construction, tax oversight and risk management. He is a member of the firm’s Equity Strategy Committee. He joined Eaton Vance in 2000.

Mike began his career in the investment management industry in 1988. Before joining Eaton Vance, Mike was an equity analyst for Schroder Investment Management North America Inc. He was also affiliated with Fleet Investment Advisors and Phoenix Home Life Mutual Fund Insurance Co.

Mike earned a B.S.B.A. from the University of Denver. He is a member of the CFA Society of Boston and is a CFA charterholder.

Education
  • B.S.B.A., The University of Denver

Experience
  • Managed Fund since 2013

 
John H. Croft, CFA

John H. Croft, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2004

Biography

John Croft is a vice president of Eaton Vance Management and portfolio manager on Eaton Vance’s investment grade fixed-income (IGFI) portfolio management and trading team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's IGFI strategies. He joined Eaton Vance in 2004.

John began his career in the investment management industry in 1986. Before joining Eaton Vance, he was a credit analyst with Fidelity Management & Research Co.

John earned a B.A. from Colgate University and an MBA from the University of Chicago Graduate School of Business. He is a CFA charterholder.

Education
  • B.A. Colgate University
  • M.B.A. Booth School of Business, University of Chicago

Experience
  • Managed Fund since 2010

 

Literature

Literature

Fact Sheet

Download - Last updated: Jun 30, 2019

Commentary

Download - Last updated: Jun 30, 2019

Annual Report

Download - Last updated: Oct 31, 2018

Equity Dividend Income Closed-End Fund Guide

Download - Last updated: Jun 30, 2019

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

Return of Capital Distributions Demystified

Download - Last updated: Dec 1, 2017

Auction Preferred Shares Market Update

Download - Last updated: Oct 1, 2018

Eaton Vance Closed-End Funds Adopt Share Repurchase Programs

Download - Last updated: Nov 15, 2013

EVT-ETG-ETO Announce Change in Investment Policies

Download - Last updated: Aug 7, 2012

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

Download - Last updated: Sep 3, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Aug 30, 2019

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

Download - Last updated: Aug 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Jul 31, 2019

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

Download - Last updated: Jul 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

Download - Last updated: Jun 28, 2019

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

Download - Last updated: Jun 3, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

Download - Last updated: May 31, 2019

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

Download - Last updated: May 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

Download - Last updated: Apr 30, 2019

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

Download - Last updated: Apr 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

Download - Last updated: Mar 29, 2019

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

Download - Last updated: Mar 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Feb 28, 2019

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

Download - Last updated: Feb 1, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Jan 31, 2019

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

Download - Last updated: Jan 2, 2019

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Dec 31, 2018

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

Download - Last updated: Dec 3, 2018

Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

Download - Last updated: Nov 30, 2018

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

Download - Last updated: Nov 1, 2018

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Oct 31, 2018

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

Download - Last updated: Oct 1, 2018

Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

Download - Last updated: Sep 28, 2018

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

Download - Last updated: Sep 4, 2018

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Aug 31, 2018

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

Download - Last updated: Aug 1, 2018

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Download - Last updated: Jul 31, 2018

Eaton Vance Tax-Advantaged Global Dividend Income Fund Adopts Managed Distribution Plan and Declares Monthly Distribution

Download - Last updated: Jul 2, 2018

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

Download - Last updated: Jun 1, 2018

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

Download - Last updated: May 1, 2018

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

Download - Last updated: Apr 2, 2018

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

Download - Last updated: Mar 1, 2018

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

Download - Last updated: Feb 1, 2018

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

Download - Last updated: Jan 2, 2018

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

Download - Last updated: Dec 1, 2017

Eaton Vance Global Dividend Closed-End Funds Announce Appointment of Sub-Adviser

Download - Last updated: Nov 1, 2017

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

Download - Last updated: Nov 1, 2017

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

Download - Last updated: Oct 2, 2017

Eaton Vance Global Dividend Closed-End Funds Announce Appointment of Sub-Adviser

Download - Last updated: Dec 4, 2015

Eaton Vance Tax-Advantaged Dividend Income Funds Announce Changes In Investment Policies

Download - Last updated: Oct 23, 2015

Section 16 Filings - www.sec.gov

Download - Last updated: Jun 30, 2011

Semi-Annual Report

Download - Last updated: Apr 30, 2019