Overview

Historical Returns (%) as of Sep 30, 2021

Past performance is no guarantee of future results. 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. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested and includes management fees and other expenses. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution ex date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than or equal to one year is cumulative. Prior to 2/8/19, the Fund was called Eaton Vance Tax-Advantaged Bond and Option Strategies Fund, had a different objective and employed a different investment strategy.

The Fund has adopted a policy to pay common shareholders a stable monthly distribution, and may pay distributions consisting of amounts characterized for federal income tax purposes as qualified and non-qualified ordinary dividends, capital gains distributions and nondividend distributions, also known as return of capital. There is no assurance that the Fund will always be able to pay distributions of a particular size. Click here for more information.
 

Distribution Rates2,3

as of Oct 15, 2021
Distribution Rate at NAV 7.22%
Distribution Rate at Market Price 7.32%
 

Fund Facts

Performance Inception 06/29/2010
Investment Objective Current income and gains
CUSIP 27829M103

Expense Ratios (%)

as of Annual Report dated 12/31/2020
Management Fees 1.00
Other Expenses 0.25
Total Expenses 1.25
 

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Performance

Historical Returns (%) as of Sep 30, 2021

Past performance is no guarantee of future results. 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. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested and includes management fees and other expenses. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution ex date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than or equal to one year is cumulative. Prior to 2/8/19, the Fund was called Eaton Vance Tax-Advantaged Bond and Option Strategies Fund, had a different objective and employed a different investment strategy.

The Fund has adopted a policy to pay common shareholders a stable monthly distribution, and may pay distributions consisting of amounts characterized for federal income tax purposes as qualified and non-qualified ordinary dividends, capital gains distributions and nondividend distributions, also known as return of capital. There is no assurance that the Fund will always be able to pay distributions of a particular size. Click here for more information.
 

Calendar Year Returns (%)

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020
Fund at NAV 13.75 9.23 -6.81 2.67 10.36 -2.01 -0.59 -5.22 13.51 9.44
Market Price 9.29 17.45 -10.47 -1.14 8.40 -0.88 0.22 -9.71 29.31 5.90
 

Fund Facts

Performance Inception 06/29/2010
 

Distribution Rates2,3

as of Oct 15, 2021
Distribution Rate at NAV 7.22%
Distribution Rate at Market Price 7.32%
 

Distribution History4,5

Ex-Date Distribution Reinvest Price
Sep 22, 2021 $0.07080
Aug 23, 2021 $0.07080 $11.80
Jul 22, 2021 $0.07080 $11.59
Jun 22, 2021 $0.07080 $11.35
May 20, 2021 $0.07080 $11.05
Apr 22, 2021 $0.07080 $11.11
Mar 23, 2021 $0.07080 $10.60
Feb 18, 2021 $0.07080 $10.42
Jan 21, 2021 $0.07080 $10.10
Dec 23, 2020 $0.07080 $9.90
View All
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
 

Tax Character of Distributions

Exempt-Interest Dividends    
Non-AMT AMT Total Non-Qualified Ordinary Dividends Capital Gain Distributions Nondividend Distributions Total Distributions
Distributions ($)
2019
2018 $0.07 $0.00 $0.07 $0.02 $0.00 $0.68 $0.77
2017 $0.08 $0.00 $0.08 $0.02 $0.00 $1.06 $1.16
2016 $0.07 $0.00 $0.07 $0.08 $0.04 $0.97 $1.16
2015 $0.08 $0.00 $0.08 $0.01 $0.25 $1.17 $1.51
2014 $0.08 $0.00 $0.08 $0.01 $0.00 $1.39 $1.48
2013 $0.06 $0.00 $0.06 $0.01 $0.00 $1.63 $1.70
2012 $0.04 $0.00 $0.04 $0.57 $0.95 $0.14 $1.70
2011 $0.05 $0.00 $0.05 $0.54 $0.51 $0.60 $1.70
2010 $0.02 $0.00 $0.02 $0.31 $0.10 $0.00 $0.43
Distributions (%)
2019
2018 9.58% 0.00% 9.58% 2.51% 0.00% 87.91% 100.00%
2017 7.20% 0.00% 7.20% 1.48% 0.00% 91.32% 100.00%
2016 5.82% 0.00% 5.82% 6.75% 3.23% 84.20% 100.00%
2015 5.12% 0.00% 5.12% 1.00% 16.31% 77.57% 100.00%
2014 5.46% 0.00% 5.46% 0.46% 0.00% 94.08% 100.00%
2013 3.56% 0.00% 3.56% 0.77% 0.00% 95.67% 100.00%
2012 2.14% 0.00% 2.14% 33.49% 56.28% 8.09% 100.00%
2011 3.22% 0.00% 3.22% 31.98% 29.90% 34.90% 100.00%
2010 4.45% 0.00% 4.45% 72.75% 22.80% 0.00% 100.00%

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Portfolio

 

Fund Holdings (%)6,7 as of Aug 31, 2021

Holding % of Net Assets
Apple Inc 9.40%
Microsoft Corp 8.92%
Amazon.com Inc 6.58%
Alphabet Inc - CL C 3.83%
NVIDIA Corp 3.74%
Facebook Inc 3.55%
Alphabet Inc - CL A 3.21%
Adobe Inc 2.58%
Comcast Corp 1.79%
PepsiCo Inc 1.79%
View All

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to numerous risks, including investment risks. Shares of closed-end funds often trade at a discount from their net asset value. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund’s investment objective, risks, charges and expenses.

The premium/discount is calculated as [(market price/NAV)-1].

Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.


Management

Thomas C. Seto

Thomas C. Seto

Head of Investment Management
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 1998

Biography

Thomas Seto is head of investment management with Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. Tom is responsible for all portfolio management and trading at the Seattle Investment Center, and is a member of the executive committee. He joined Parametric in 1998.

Tom began his career in the investment management industry in 1991. Before joining Parametric, he served as the head of U.S. equity index investments at Barclays Global Investors.

Tom earned a B.S. in electrical engineering from the University of Washington and an MBA from the University of Chicago Booth School of Business.

Education
  • B.S. University of Washington
  • M.B.A Booth School of Business, University of Chicago

Experience
  • Managed Fund since 2019

 
G. R. Nelson

G. R. Nelson

Vice President, Eaton Vance Management
Joined Eaton Vance 2004

Biography

G.R. Nelson is a vice president of Eaton Vance Management and an equity analyst on Eaton Vance's value team. He is responsible for coverage of the consumer staples and discretionary sectors. He also serves as a portfolio manager, responsible for buy and sell decisions, portfolio construction and risk management. He joined Eaton Vance in 2004.

G.R. began his career in the investment management industry in 1997. Before joining Eaton Vance, he was affiliated with Alex Brown, One Equity Partners and Bank One. He also completed internships with McKinsey and Company and Fayez Sarofim & Company.

G.R. earned a B.B.A., magna cum laude, from the University of Notre Dame and an MBA, with distinction, from Harvard University's Graduate School of Business, where he co-wrote a case on the Chicago Board of Options Exchange.

Education
  • B.B.A. University of Notre Dame
  • M.B.A. Harvard University Graduate School of Business

Experience
  • Managed Fund since 2021

 

Literature

Literature

Fact Sheet

Download Fact Sheet - Last updated: Jun 30, 2021

Report of Organizational Actions Affecting Basis of Securities

Download Report of Organizational Actions Affecting Basis of Securities - Last updated: Jan 21, 2021

Report of Organizational Actions Affecting Basis of Securities

Download Report of Organizational Actions Affecting Basis of Securities - Last updated: Jan 15, 2020

Report of Organizational Actions Affecting Basis of Securities

Download Report of Organizational Actions Affecting Basis of Securities - Last updated: Dec 31, 2012

Annual Report

Download Annual Report - Last updated: Dec 31, 2020

Q1 Holdings

Download Q1 Holdings - Last updated: Mar 31, 2021

Q3 Holdings

Download Q3 Holdings - Last updated: Sep 30, 2020

Holdings - Form N-PORT

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Return of Capital Distributions Demystified

Download Return of Capital Distributions Demystified - Last updated: Mar 17, 2021

Eaton Vance Announces Upcoming Retirement of Michael A. Allison

Download Eaton Vance Announces Upcoming Retirement of Michael A. Allison - Last updated: May 13, 2021

Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (EXD) Raises $200 Million in Initial Public Offering

Download Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (EXD) Raises $200 Million in Initial Public Offering - Last updated: Jun 30, 2010

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting Of Shareholders On April 15, 2021

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Distribution Dates and Amounts for Eaton Vance Closed-End Funds

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

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Results of Joint Special Shareholder Meeting of Certain Eaton Vance Closed-End Funds

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Corrected Results of Joint Special Shareholder Meeting of Certain Eaton Vance Closed-End Funds

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Results of Joint Special Shareholder Meeting of Certain Eaton Vance Closed-End Funds

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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Certain Eaton Vance Closed-End Funds Joint Special Meeting of Shareholders on January 7, 2021 Will Be a Virtual Meeting

Download Certain Eaton Vance Closed-End Funds Joint Special Meeting of Shareholders on January 7, 2021 Will Be a Virtual Meeting - Last updated: Dec 23, 2020

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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Eaton Vance Closed-End Funds Announce Board Approval of New Investment Advisory and Sub-Advisory Agreements

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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Eaton Vance Closed-End Funds Announce Record and Meeting Dates For Joint Special Meeting of Shareholders

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting of Shareholders on April 16, 2020

Download Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting of Shareholders on April 16, 2020 - Last updated: Apr 6, 2020

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution 

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distribution

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Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds and Portfolio Managers of Eaton Have High Income 2021 Target Term Trust (NYSE: EHT)

Download Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds and Portfolio Managers of Eaton Have High Income 2021 Target Term Trust (NYSE: EHT) - Last updated: Jan 2, 2020

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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

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Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

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Important Notice Regarding Changes to EXD Effective 2-8-19

Download Important Notice Regarding Changes to EXD Effective 2-8-19

Eaton Vance Closed-End Funds Adopt Share Repurchase Programs

Download Eaton Vance Closed-End Funds Adopt Share Repurchase Programs - Last updated: Nov 15, 2013

Semi-Annual Report

Download Semi-Annual Report - Last updated: Jun 30, 2021