Eaton Vance Funds Announce March Distributions of $0.0651–$0.1646
Eaton Vance closed-end funds estimated March distributions: Enhanced Equity Income $0.1338 per share (100% long-term gains), Enhanced Equity Income II $0.1523 (92.9% long-term, 7.1% short-term), Risk-Managed Income $0.0651 (100% long-term) and Tax-Advantaged Dividend Income $0.1646 (82.2% long-term, 17.8% net investment income). Annualized NAV distribution rates range from 6.91% to 8.25%.
1. Distribution Estimates Release
Eaton Vance closed-end funds implemented their managed distribution plan to pay fixed monthly cash distributions for March 2026. The Board of Trustees approved estimated sources of distributions under an SEC exemptive order, with final tax-reportable amounts to be determined in fiscal year filings.
2. Estimated Sources by Fund
Enhanced Equity Income Fund will distribute $0.1338 per share entirely from long-term capital gains; Enhanced Equity Income Fund II will pay $0.1523 (92.9% long-term gains, 7.1% short-term gains); Risk-Managed Diversified Equity Income Fund will distribute $0.0651 all from long-term gains; Tax-Advantaged Dividend Income Fund will distribute $0.1646 (82.2% long-term gains, 17.8% net investment income).
3. Performance Metrics
Five-year NAV total returns for these funds span from 7.98% to 12.43% as of February 28, 2026. Annualized current distribution rates expressed as a percentage of NAV range from 6.91% to 8.25%. Fiscal year-to-date cumulative NAV returns vary between -2.93% and 9.30% across the funds.