Eaton Vance Tax-Advantaged Global Dividend Income Fund Report Of Earnings

PR Newswire

BOSTON, Feb. 4, 2014 /PRNewswire/ -- Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG), a diversified closed-end management investment company, today announced the earnings of the Fund for the three months and the year ended October 31, 2013. The Fund's fiscal year ended on October 31, 2013.

For the three months ended October 31, 2013, the Fund had net investment income of $14,521,793 ($0.190 per share). For the year ended October 31, 2013, the Fund had net investment income of $94,701,723 ($1.241 per share). In comparison, for the three months ended October 31, 2012, the Fund had net investment income of $15,147,590 ($0.198 per share). For the year ended October 31, 2012, the Fund had net investment income of $89,200,431 ($1.169 per share). 

Net realized and unrealized gains for the three months ended October 31, 2013 were $68,669,479 ($0.902 per share) and net realized and unrealized gains for the year ended October 31, 2013 were $196,628,665 ($2.579 per share). In comparison, net realized and unrealized gains for the three months ended October 31, 2012 were $51,132,673 ($0.667 per share) and net realized and unrealized gains for the year ended October 31, 2012 were $36,923,890 ($0.481 per share).

On October 31, 2013, net assets of the Fund were $1,326,898,926. The net asset value per share on October 31, 2013 was $17.39 based on 76,300,214 shares outstanding. In comparison, on October 31, 2012, net assets of the Fund were $1,129,417,802. The net asset value per share on October 31, 2012 was $14.80 based on 76,300,214 shares outstanding.

The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds").  Fund portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following month-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $283.3 billion in assets as of December 31, 2013, offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDEND INCOME FUND



SUMMARY OF RESULTS OF OPERATIONS



(in thousands, except per share amounts)
























Three Months Ended


Year Ended









October 31,


October 31,









2013


2012


2013


2012



Gross investment income




$          19,226


$          19,913


$        113,519


$        108,436



Operating expenses





(3,858)


(3,531)


(15,100)


(13,973)



Interest expense





(846)


(1,234)


(3,717)


(5,262)




Net investment income



$          14,522


$          15,148


$          94,702


$          89,201



Net realized and unrealized gains (losses)











  on investments





$          68,670


$          51,133


$        196,629


$          36,924




Net increase (decrease) in net assets











  from operations




$          83,192


$          66,281


$        291,331


$        126,125


















Earnings per Share Outstanding












Gross investment income




$            0.252


$            0.260


$            1.488


$            1.421



Operating expenses





(0.051)


(0.046)


(0.198)


(0.183)



Interest expense





(0.011)


(0.016)


(0.049)


(0.069)




Net investment income 



$            0.190


$            0.198


$            1.241


$            1.169



Net realized and unrealized gains (losses)











  on investments





$            0.902


$            0.667


$            2.579


$            0.481




Net increase (decrease) in net assets











  from operations




$            1.092


$            0.865


$            3.820


$            1.650

































Net Asset Value at October 31













Net assets  








$    1,326,899


$    1,129,418




Shares outstanding 







76,300


76,300




Net asset value per share outstanding





$            17.39


$            14.80


















Market Value Summary














Market price on NYSE at October 31





$            16.04


$            14.01




High market price (period ended October 31)




$            16.91


$            14.71




Low market price (period ended October 31)




$            12.81


$            11.97



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