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

  • Wed, Apr. 29, 11:17 AM
    • On the lookout for closed-end funds with room to move higher over the next 12-18 months while paying out a solid distribution, Michael Jabara and team at Morgan Stanley Wealth Management find 11 top picks.
    • On average, they have a 7.5% payout (vs. 6.7% for peers) and a discount to NAV of 8.7% (vs. 7.9% for peers).
    • The list: Royce Value Trust (NYSE:RVT), Neuberger Berman MLP Income Fund (NYSEMKT:NML), ClearBridge Energy MLP Fund (NYSE:CEM), John Hancock Financial Opportunities Fund (NYSE:BTO), Gabelli Dividend & Income Trust (NYSE:GDV), Eaton Vanco Tax-Advantaged Global Dividend Fund (NYSE:ETG), Nuveen S&P 500 Buy-Write Income Fund (NYSE:BXMX), Eaton Vance Tax-Managed Diversified Equity Fund (NYSE:ETY), BlackRock International Growth & Income Trust (NYSE:BGY), Eaton Vance Tax-Managed Diversified Global Equity Fund (NYSE:EXG), and BlackRock Global Opportunities Equity Trust (NYSE:BOE).
    • Source: Barron's
  • Nov. 28, 2014, 9:20 AM
    • Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) declares $0.0813/share monthly distribution, in line with previous.
    • Payable Nov. 28; for shareholders of record Nov. 21; ex-div Nov. 19.
    | 1 Comment
  • Jun. 24, 2013, 10:10 AM
    So much for those "1994 won't happen again" stories. On a percentage basis, the rise in the 10-year Treasury yield (to over 2.6% from 1.6% less than 2 months ago) is the worst since 1962, according to BTIG. "The Fed had no idea how leveraged or bubbled-up the world's positions were," says Andrew Brenner of National Alliance Securities. "Nothing is sacred today." Income funds: Alpine Total Dynamic (AOD -3.6%), Pimco High Income (PHK -1.6%), Eaton Vance Tax-Managed (EXG -3.6%). Equity REITs: Omega (OHI -2.3%), HCP Inc. (HCP -2.3%), Medical Properties (MPW -4.2%), Realty Income (O -0.4%).
  • Nov. 14, 2012, 11:31 AM
    They're getting there. Closed-end investment funds take it on the chin again, with the PIMCO High Income Fund (PHK -6.6%) leading. At $10.56, the fund no longer sports a ridiculous near-75% premium to NAV, but with NAV currently at $8.32, there remains a wide gulf.
  • Jan. 6, 2012, 1:20 PM
    Insider Monkey ferrets out 7 stocks that are rated Buys or better by analysts and claim dividend yields of over 10%, as it keeps the basic formula in mind that undervalued company plus high dividends equals "incredible upside potential." Picks to click: AGNC, EXG, HTS, MFA, NLY, NRGY, OZM.
    | 1 Comment
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Company Description
The Funds primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. In pursuing its investment objectives, the Fund will evaluate returns on an after-tax basis, seeking to minimize and defer sh