ETG

Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG

$19.05

0.16%

Market Cap: $1.46B

About: Eaton Vance Tax Advgd Gbl Div Inc Fd is a diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return consisting of tax-advantaged dividend income and capital appreciation. The fund pursues its objective by investing in dividend-paying common and preferred stocks. Its portfolio of investments consists of aerospace and defense, capital markets, diversified telecommunication services, electrical equipment, biotechnology, banks, and other areas.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2.93% less ownership

Funds ownership: 23.79% [Q1] → 20.86% (-2.93%) [Q2]

3% less funds holding

Funds holding: 97 [Q1] → 94 (-3) [Q2]

10% less capital invested

Capital invested by funds: $331M [Q1] → $297M (-$34.5M) [Q2]

19% less repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 32

23% less first-time investments, than exits

New positions opened: 10 | Existing positions closed: 13

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Research analyst outlook

We haven’t received any recent analyst ratings for ETG.

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Financial journalist opinion

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

BOSTON--(BUSINESS WIRE)--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: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 8/30/24 Distribution Rate at Market 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.

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

ETG: Attractive Monthly Distribution And Global Exposure

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

My Top 10 Closed-End Fund Holdings: August 2024

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

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

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

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

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 8/1/2024 Ex-Date – 8/12/2024 Record – 8/12/2024 Payable – 8/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 7/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.96 5.47% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.64 5.79% Ta.

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

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

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 7/1/2024 Ex-Date – 7/11/2024 Record – 7/11/2024 Payable – 7/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 6/28/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 $0.0066 $10.88 5.51% Eaton Vance Municipal Income Trust EVN $0.0513 $0.0052 $10.35.

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

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

ETG: Distribution Bump With A Diversified Global Portfolio

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

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

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)

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

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

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