Overview

Average Annual Returns (%) as of Mar 31, 2012

3 Months YTD 1 Year 3 Years 5 Years Life of Fund
4/30/2012
Fund at NAV 4.22 7.90 -4.36 12.68 0.69 1.44
Market Price 2.20 11.86 -8.15 12.60 -2.49 -1.39
3/31/2012
Fund at NAV 8.84 8.84 1.61 14.31 1.84 1.63
Market Price 11.36 11.36 -4.84 15.82 -2.44 -1.50
Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested. The Fund's performance at market market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for the Fund's shares, or changes in Fund distributions. 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. Performance less than one year is cumulative.

For certain periods following the ex date of distributions paid by the Fund, returns may be calculated based on the lower of the net asset value or market price of the shares on the distribution pay date rather than the true distribution reinvestment price.

Fund Facts as of Apr 30, 2012

Performance Inception 02/27/2007
Investment Objective Current income and gains
CUSIP 27829F108


Portfolio Management

Walter A. Row III, CFA, CMT Managed Fund since inception
Michael A. Allison, CFA Managed Fund since inception

 

Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.

 

Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.


Performance

Average Annual Returns (%) as of Mar 31, 2012

3 Months YTD 1 Year 3 Years 5 Years Life of Fund
4/30/2012
Fund at NAV 4.22 7.90 -4.36 12.68 0.69 1.44
Market Price 2.20 11.86 -8.15 12.60 -2.49 -1.39
3/31/2012
Fund at NAV 8.84 8.84 1.61 14.31 1.84 1.63
Market Price 11.36 11.36 -4.84 15.82 -2.44 -1.50
Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested. The Fund's performance at market market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for the Fund's shares, or changes in Fund distributions. 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. Performance less than one year is cumulative.

For certain periods following the ex date of distributions paid by the Fund, returns may be calculated based on the lower of the net asset value or market price of the shares on the distribution pay date rather than the true distribution reinvestment price.

Calendar Year Returns (%)

2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
Fund at NAV -26.00 24.85 4.01 -2.28
Market Price -31.33 49.82 -1.98 -11.83

Fund Facts

Performance Inception 02/27/2007

Yield Information1,2 as of Apr 30, 2012

Distribution Rate at Market Price 12.71


Distribution History3

Ex-Date Distribution Reinvest NAV
Feb 17, 2012 $0.28430 $9.12
Nov 21, 2011 $0.28430 $8.36
Aug 22, 2011 $0.28430 $8.89
May 20, 2011 $0.28430 $10.57
Feb 16, 2011 $0.28430 $10.55
Nov 19, 2010 $0.38250 $10.78
Aug 20, 2010 $0.38250 $10.73
May 19, 2010 $0.38250 $10.50
Feb 17, 2010 $0.38250 $11.70
Nov 19, 2009 $0.47500 $12.45
View All
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.

 

Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.

 

Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.


Portfolio

Fund Holdings (%)4,5 as of Mar 31, 2012

Holding % of Net Assets

 

Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.

 

Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.


Insights & Analysis

Quarterly Commentary

 

No commentary information is available.

 

The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

 

Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.

 

Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.


Attribution

 

No attribution information is available.

 

Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.

 

Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.


Management

Biography
Walter A. Row III, CFA, CMT

Walter A. Row III, CFA, CMT

Vice President, Eaton Vance Management
Joined Eaton Vance 1996

Walter Row is a vice president of Eaton Vance Management, a member of the firm's Equity Strategy Committee, head of structured equity portfolios and portfolio manager on Eaton Vance's structured equity team.

Walter joined Eaton Vance in 1996 and from 2000-2007, was director of research at the firm. His experience in the investment management industry dates to 1981. Prior to joining Eaton Vance, he worked as an equity analyst and portfolio manager with State Street Research & Management. He had additional experience as a financial consultant with Advest, Inc.

Walter earned a B.S. in administrative science from Yale University and an M.B.A from Harvard University Graduate School of Business Administration. He is a CFA charterholder and a Chartered Market Technician (CMT).

Education
  • B.S. Yale University
  • M.B.A. Harvard Business School
Experience
  • Managed Fund since inception
Biography
Michael A. Allison, CFA

Michael A. Allison, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2000

Mike Allison is a vice president of Eaton Vance Management, a member of the Equity Strategy Committee and portfolio manager on Eaton Vance's structured equity team.

Mike joined Eaton Vance in 2000. Previously, beginning in 1988, he was an equity analyst for Schroders Investment Management, North America. From 1993 to 1998, he served as an equity research analyst for Fleet Investment Advisors. Other experience includes serving as an investment analyst for Phoenix Home Life Mutual Fund Insurance Co. in Hartford, CT, from 1991 to 1993.

Mike earned a B.S.B.A. from the University of Denver in 1990. He is a CFA charterholder and is a member of the Boston Security Analysts Society and the Association for Investment Management and Research.

Education
  • B.S.B.A., The University of Denver
Experience
  • Managed Fund since inception

Fund Literature

Fund Literature

Fact Sheet

Updated as of Mar 31, 2012

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

Updated as of Nov 9, 2011

Annual Report

Updated as of Oct 31, 2011

Semiannual Report

Updated as of Jun 17, 2011

Information Concerning APS Auctions & Dividend Rates

Updated as of May 16, 2012

APS Market Update

Updated as of Apr 19, 2012

Changes in Distributions of Eaton Vance Option Income Closed-End Funds

Updated as of Mar 14, 2012

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of May 14, 2012

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Annual Meeting of Shareholders

Updated as of Apr 23, 2012

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Apr 17, 2012

Eaton Vance Equity Income Closed-End Funds Declare Distributions and Announce Distribution Changes

Updated as of Mar 13, 2012

Eaton Vance Tax-Managed Global Diversified Equity Income Fund February 2012 Distribution

Updated as of Feb 29, 2012

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of Feb 10, 2012

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Jan 10, 2012

Eaton Vance Tax-Managed Global Diversified Equity Income Fund November 2011 Distribution

Updated as of Nov 30, 2011

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of Nov 11, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Oct 14, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund August 2011 Distribution

Updated as of Aug 31, 2011

Eaton Vance Tax-Managed Diversified Equity Income Fund Annual Meeting of Shareholders

Updated as of Aug 26, 2011

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of Aug 12, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Jul 12, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund May 2011 Distribution

Updated as of May 31, 2011

Eaton Vance Closed-End Equity Funds Declare Quarterly Distributions

Updated as of May 13, 2011

Eaton Vance Tax-Managed Diversified Equity Income Fund, Eaton Vance Tax-Managed Global Diversified Equity Income Fund Annual Meetings of Shareholders

Updated as of Apr 25, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Apr 4, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund February 2011 Distribution

Updated as of Feb 28, 2011

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Jan 11, 2011

Eaton Vance Closed-End Equity Funds Declare and Announce Changes in Quarterly Distributions

Updated as of Dec 14, 2010

Eaton Vance Tax-Managed Global Diversified Equity Income Fund November 2010 Distribution

Updated as of Nov 30, 2010

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of Nov 12, 2010

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Oct 4, 2010

Eaton Vance Tax-Managed Global Diversified Equity Income Fund August 2010 Distribution

Updated as of Aug 31, 2010

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Annual Meeting of Shareholders

Updated as of Aug 27, 2010

Eaton Vance Closed-End Diversified Equity Income Funds Declare Quarterly Distributions

Updated as of Aug 13, 2010

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report of Earnings

Updated as of Jun 29, 2010

Supplemental Holdings

Updated as of Mar 31, 2012


 

Symbol:  

NAV as of  
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