Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)

• Market cap: $2.4B
• 1 day: 0.90%
• 5 days: 2.48%
• 1 month: -5.30%
• 3 months: -7.96%
• 6 months: -6.76%
• Year to date: -4.03%
• 1 year: -0.88%
• 5 years: 19.27%
• 10 years: -20.85%
• Sector: Financials
• Industry: Asset Management

About: Eaton Vance Tax-Mgd Glbl Div Eq Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary focus of the fund is capital appreciation. It invests in a diversified portfolio of domestic and foreign common stocks, emphasizing dividend-paying stocks. It writes call options on one or more U.S. and foreign indices for a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. Its portfolio of investments consists of capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, consumable fuels, and other sectors.

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

150% more first-time investments, than exits

New positions opened: 45 | Existing positions closed: 18

46% more repeat investments, than reductions

Existing positions increased: 83 | Existing positions reduced: 57

8% more funds holding

Funds holding: 253 [Q3] → 272 (+19) [Q4]

0.57% less ownership

Funds ownership: 22.6% [Q3] → 22.04% (-0.57%) [Q4]

8% less capital invested

Capital invested by funds: $599M [Q3] → $552M (-$47.1M) [Q4]

50% less funds holding in top 10

Funds holding in top 10: 2 [Q3] → 1 (-1) [Q4]