Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG)

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG - Get Free Report) was the target of a significant increase in short interest during the month of January. As of January 30th, there was short interest totaling 58,975 shares, an increase of 22.2% from the January 15th total of 48,256 shares. Based on an average trading

Shares of Entrée Resources Ltd. (TSE: ETG - Get Free Report) (NYSE: EGI) passed above its two hundred day moving average during trading on Wednesday. The stock has a two hundred day moving average of C$2.34 and traded as high as C$2.90. Entrée Resources shares last traded at C$2.78, with a volume of 63,455 shares changing

Eaton Vance Tax-Advantaged Global Dividend Income Fund remains a "Hold" as its discount narrows and equity valuations appear stretched. ETG's recent outperformance stems from both strong underlying portfolio returns and discount narrowing. The fund invests in both U.S. and global equities, delivering a monthly distribution at a current rate of 6.61%.

Eaton Vance's top taxable closed-end funds offer attractive yields, discounts to NAV, and strong long-term returns, making them appealing for income-focused investors. Current market volatility has widened discounts to NAV, creating buying opportunities which I highlight in the article. I prioritize funds trading at an 8%+ yield and significant NAV discounts, with a preference for those using tax-advantaged strategies and diversified asset mixes.

Eaton Vance Tax-Advantaged Global Dividend Income Fund offers global diversification, strong monthly distributions, and a value-oriented tilt. ETG currently trades at a narrow discount, prompting a continued "Hold" rating. The fund offers a healthy 7.29% distribution yield, with coverage bolstered by capital gains and a relatively high net investment income coverage ratio.

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG - Get Free Report) saw a significant increase in short interest in the month of October. As of October 15th, there was short interest totaling 98,500 shares, an increase of 82.7% from the September 30th total of 53,900 shares. Based on an average daily volume of 92,500

The Eaton Vance Tax-Advantaged Global Dividend Income Fund offers a 7.23% yield from a global equity portfolio, appealing to income-focused investors. ETG underperforms peers on yield but stands out for strong long-term total returns, ranking second-best in its category over the past decade. The fund's global diversification and underweight to U.S. equities position it to benefit from a weaker dollar and attractive foreign market valuations.

Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed-end fund that invests globally in the equity of U.S. and non-U.S. companies and, to a lesser extent, in preferred and fixed-income securities. What makes this fund attractive for income investors is that it is highly diversified with global exposure and has proven to provide sustainable income in good times and bad. For existing holders, ETG is a solid 'hold' for a reliable stream of income and decent growth. New investors should accumulate on a dollar-cost-average basis.

ETG offers a diversified, hybrid global equity and fixed-income portfolio with a value tilt and strong distribution history, ideal for taxable accounts. Recent outperformance is driven by global equity exposure and a narrowing discount, but the discount narrowing puts us to a more neutral stance. With the discount narrowing, ETG moves from a 'Buy' to a 'Hold'—I'm comfortable collecting monthly, tax-advantaged distributions, but see less potential upside.

ETG offers a tax-advantaged, global dividend income strategy with active management and a value-oriented approach, investing in equities and fixed income worldwide. The fund pays a robust 7.7% yield, outperforms most peers on a total return basis, and holds diversified positions with upside potential in AI-related stocks. Given the strong performance, active management, and attractive yield, I recommend ETG as a buy for income-focused investors seeking global diversification.

I maintain my buy rating on ETG, emphasizing its consistent performance, capital preservation, and reliable dividend payouts—key traits for retired investors seeking stable income. ETG offers a high 7.7% yield, monthly distributions, and a strong track record of avoiding dividend cuts, making it ideal for income-focused portfolios. The fund's global diversification, option-writing strategy, and resilience through market downturns support its long-term value and capital preservation.

April's market volatility, driven by tariffs and led by tech sector declines, created opportunities to deploy cash. However, it was an opportunity to reposition my portfolio as well, with 2 swap trades to de-risk my portfolio. There were 2 corporate actions in the last month that also saw two more positions removed from my CEF portfolio, but overall, I was a net buyer for the month.

Closed-end funds (CEFs) often use leverage in an attempt to boost returns, making them volatile and sensitive to corrections and bear markets. This additional volatile nature of leverage is also on top of the discount/premium mechanic that also adds even further increased volatility. Usually, in market sell-offs, the leverage combined with the discount/premiums make these trades particularly wildly, but that is also where the best opportunities tend to be in these investment wrappers.

Eaton Vance Tax-Advantaged Global Dividend Income Fund offers a high dividend yield of 8.5% and has outperformed due to higher distributions, making it attractive for income-seeking investors. The fund's global exposure and value style, with significant holdings in technology, financials, and industrials, provide diversification and growth potential. Despite recent price declines, ETG's NAV growth and effective strategy make it a compelling long-term investment, especially during market downturns.

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their February 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. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 2/3/2025 Ex-Date – 2/13/2025 Record – 2/13/2025 Payable – 2/24/2025 Municipal Bond Funds:   Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 1/31/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.14 5.92% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.31 5.97% Taxabl.