Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Eaton Vance Enhanced Equity Income Fund, Eaton Vance Enhanced Equity Income Fund II, Eaton Vance Risk-Managed Diversified Equity Income Fund, Eaton Vance Tax-Advantaged Dividend Income Fund, Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund, Eaton Vance Tax-Managed Buy-Write Income Fund, Eaton Vance Tax-Managed Buy-Write Opportunities Fund, Eaton Vance Tax-Managed Diversified Equity Income Fund, Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund, Eaton Vance Tax-Advantaged Global Dividend Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Oct 31 2024 20:00 BST

BOSTON--(BUSINESS WIRE)--Oct. 31, 2024-- 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 amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the October 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 October distribution and its cumulative distributions paid for its fiscal year through October 31, 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 (NYSE: EOI)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1338
Distribution Frequency:	Monthly
Fiscal Year End:	September
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal 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	$0.0523	39.1%	$0.0523	39.1%
Return of Capital or Other Capital Source(s)	$0.0815	60.9%	$0.0815	60.9%
Total per common share	$0.1338	100.00%	$0.1338	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			14.45%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			7.92%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			38.84%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			7.21%


Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1523
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal 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	$0.1523	100.00%	$0.9434	66.8%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.4683	33.2%
Total per common share	$0.1523	100.00%	$1.4117	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			15.02%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.05%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			22.36%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.55%


Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.0651
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal 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	$0.0103	15.80%	$0.1794	28.5%
Return of Capital or Other Capital Source(s)	$0.0548	84.20%	$0.4500	71.5%
Total per common share	$0.0651	100.00%	$0.6294	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			10.84%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.08%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			21.56%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.84%


Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1646
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.0632	38.4%	$0.3121	16.5%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.1014	61.6%	$1.5841	83.5%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1646	100.00%	$1.8962	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			10.57%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			7.32%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			34.84%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			6.42%


Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1733
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.1608	92.8%	$0.7790	41.0%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0125	7.2%	$1.1211	59.0%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1733	100.00%	$1.9001	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			12.78%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			7.21%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			36.25%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.99%


Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1058
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.0038	3.6%	$0.0482	4.7%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.1020	96.4%	$0.4814	47.2%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.4906	48.1%
Total per common share	$0.1058	100.00%	$1.0202	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			9.86%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.25%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			15.64%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.95%


Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.0993
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.0015	1.5%	$0.0228	2.3%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0978	98.5%	$0.5012	51.2%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.4558	46.5%
Total per common share	$0.0993	100.00%	$0.9798	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			10.17%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.20%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			17.58%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			6.06%


Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.0992
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal 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	$0.0992	100.00%	$1.0969	100.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.0992	100.00%	$1.0969	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			14.17%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			7.93%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			38.59%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			6.65%


Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.0664
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.0000	0.00%	$0.1446	22.6%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0664	100.00%	$0.4659	72.9%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0289	4.5%
Total per common share	$0.0664	100.00%	$0.6394	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			8.40%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.32%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			13.50%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.98%


Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.1293
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.1218	94.2%	$0.5944	42.3%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0075	5.8%	$0.8112	57.7%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1293	100.00%	$1.4056	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			12.97%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			7.24%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			36.82%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			5.96%


Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:	October- 2024
Distribution Amount per Common Share:	$0.0657
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date
Net Investment Income	$0.0309	47.1%	$0.1228	16.70%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0348	52.9%	$0.2805	38.10%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.3332	45.2%
Total per common share	$0.0657	100.00%	$0.7365	100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2024¹			11.72%
Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2024²			8.27%
Cumulative total return at NAV for the fiscal year through September 30, 2024³			29.29%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2024⁴			7.04%


¹ Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended on September 30, 2024
² The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of September 30, 2024
³ Cumulative total return at NAV is the percentage change in the Fund's NAV for the period from the beginning of its fiscal year to September 30, 2024 including distributions paid and assuming reinvestment of those distributions.
⁴ Cumulative fiscal year distribution rate for the period from the beginning of its fiscal year to September 30, 2024 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of September 30, 2024

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Investors: (800) 262-1122

Source: Eaton Vance