Eaton Vance Tax-Managed Global Diversified Equity Income Fund

EXG

Market cap $2.76B

Overview Fund Activity

9.03 USD

-0.03

0.33%

At close Updated Sep 12, 4:00 PM EDT

1 day

-0.33%

5 days

0.56%

1 month

1.8%

3 months

3.2%

6 months

9.72%

Year to date

10.26%

1 year

7.89%

5 years

16.97%

10 years

1.57%

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.

Financials Asset Management

0

Funds holding %

of 7,462 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

158% more first-time investments, than exits

New positions opened: 31 | Existing positions closed: 12

29% more repeat investments, than reductions

Existing positions increased: 84 | Existing positions reduced: 65

7% more capital invested

Capital invested by funds: $550M [Q1] → $591M (+$40.7M) [Q2]

6% more funds holding

Funds holding: 254 [Q1] → 270 (+16) [Q2]

0.03% more ownership

Funds ownership: 22.06% [Q1] → 22.1% (+0.03%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

See Fund Rankings

Financial journalist opinion

2 Call Writing Funds Providing Monthly Distributions For Passive Income

Call writing closed-end funds can offer attractive monthly distributions, along with the opportunity to trade at discounts to their historical net asset values. That discount can create an opportunity for investors to enter at attractive prices while getting the underlying portfolio on 'sale.' Today, we are looking at two CEFs that provide monthly distributions and are presenting relatively attractive discounts.

2 Call Writing Funds Providing Monthly Distributions For Passive Income

2 Call Writing Funds Delivering Steady Monthly Income With Different Strategies

Closed-end funds (CEFs) that write call options can offer attractive monthly distributions to their investors. Thanks to discounts for CEFs, these distributions can be 'boosted' when compared to what the actual underlying NAV distribution rate becomes. Writing calls can take the form of writing against individual holdings or indexes.

2 Call Writing Funds Delivering Steady Monthly Income With Different Strategies

Top 10 Income Funds From Eaton Vance

Eaton Vance's top taxable closed-end funds offer reliable monthly income, strong long-term returns, and are managed by highly skilled teams with proven track records. I prioritize funds trading at a discount to NAV with distribution yields near or above 8%, focusing on both income and capital appreciation potential. For total return, EOS and EOI are top picks; for dividend income, EVT (domestic) and ETG (global) provide diversification and attractive yields.

Top 10 Income Funds From Eaton Vance

EXG: Attractive Monthly Distribution But Discount Narrows

EXG offers global equity exposure and then incorporates a call writing strategy, generating attractive monthly distributions and tax-managed benefits for investors. International equities look more attractive on relative valuations compared to U.S. equities, even after outperforming the U.S. The fund's discount has narrowed to around its long-term average, shifting my rating from "Buy" to "Hold," but a more cautious dollar-cost average approach could still be appropriate.

EXG: Attractive Monthly Distribution But Discount Narrows

EXG: Solid Global Fund But Flawed Dividend History

EXG offers global diversification and high-yield income, appealing for retirees seeking tax-efficient distributions amid US market uncertainty. Despite recent recovery and attractive discount to NAV, EXG's long-term total returns and dividend sustainability remain inconsistent and underwhelming. The fund's option-writing strategy limits capital appreciation, causing underperformance versus US-focused peers like EOS and global ETFs like IDVO.

EXG: Solid Global Fund But Flawed Dividend History

Secure Dividends Up To 12% From The $3+ Trillion ‘Human Bailout'

A nifty dividend duo—with yields of 9% and 12%—is ready for takeoff. Thanks to Uncle Sam's spending bender coinciding with the rise of the machines.

Secure Dividends Up To 12% From The $3+ Trillion ‘Human Bailout'

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their June 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 amount.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

EXG: 9% Yield, International Exposure

EXG offers a high yield (9.29%) with global diversification and a covered call strategy. The fund's discount to NAV is near its 5-year average, making the current valuation only moderately attractive for new buyers. We rate EXG a HOLD, preferring to wait for a deeper discount before adding, given the current market and fund-specific conditions.

EXG: 9% Yield, International Exposure

Investors Business Daily

Best ETFs Now That The Magnificent Seven Aren't Working Anymore

For most of 2023 and 2024, stock investors didn't need to worry much about strategy or picking the best ETFs. The post Best ETFs Now That The Magnificent Seven Aren't Working Anymore appeared first on Investor's Business Daily.

Best ETFs Now That The Magnificent Seven Aren't Working Anymore

EXG: Discounted Price Along With Delivering Monthly Distributions

The Eaton Vance Tax-Managed Global Diversified Equity Income Fund offers high monthly distributions and global diversification, trading at a wide discount appealing to long-term income investors. EXG employs a partial option writing strategy, targeting 50% of the portfolio, allowing for more upside participation if markets continue their bull run. EXG's attractive discount and elevated monthly distribution, combined with global investments, offer potential benefits amid high U.S. equity valuations.

EXG: Discounted Price Along With Delivering Monthly Distributions

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