Eaton Vance Tax-Advantaged Global Dividend Opportunities FundETO
Market Cap: $425M
About: Eaton Vance Tax-advtgd Global Divid Oppo 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. The portfolio of investments consists of capital markets, chemicals, diversified, beverages, banks, electric utilities, oil, gas and consumable fuels, personal products, and other areas.
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 3
30% more repeat investments, than reductions
Existing positions increased: 26 | Existing positions reduced: 20
2% more funds holding
Funds holding: 57 [Q1] → 58 (+1) [Q2]
0.9% less ownership
Funds ownership: 20.24% [Q1] → 19.34% (-0.9%) [Q2]
2% less capital invested
Capital invested by funds: $82.9M [Q1] → $80.8M (-$2.03M) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for ETO.