BOSTON, Jan. 20, 2012 /PRNewswire/ -- Eaton Vance
Tax-Advantaged Global Dividend Income Fund (NYSE: ETG), a
diversified closed-end investment company, today announced the
earnings of the Fund for the three months and the year ended
October 31, 2011. The Fund's fiscal
year ended on October 31, 2011.
For the three months ended October 31,
2011, the Fund had net investment income of $12,880,367 ($0.168
per share). For the year ended October 31,
2011, the Fund had net investment income of $101,738,004 ($1.333 per share). In comparison, for the three
months ended October 31, 2010, the
Fund had net investment income of $10,067,225 ($0.132
per share). For the year ended October 31,
2010, the Fund had net investment income of $94,756,599 ($1.242
per share).
Net realized and unrealized losses for the three months ended
October 31, 2011 were $97,725,190 ($1.282
per share) and net realized and unrealized losses for the year
ended October 31, 2011 were
$66,499,759 ($0.873 per share). In comparison, net realized
and unrealized gains for the three months ended October 31, 2010 were $102,254,531 ($1.345 per share) and net realized and unrealized
gains for the year ended October 31,
2010 were $94,840,007
($1.248 per share).
On October 31, 2011, net assets of
the Fund were $1,097,142,745. The net
asset value per share on October 31,
2011 was $14.38 based on
76,300,214 shares outstanding. In comparison, on October 31, 2010, net assets of the Fund were
$1,155,753,763. The net asset value
per share on October 31, 2010 was
$15.15 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 calendar quarter-end are also posted to the website
approximately 30 days following quarter-end.
The Fund is managed by Eaton Vance Management, a subsidiary of
Eaton Vance Corp. (NYSE: 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 $184.5 billion
in assets as of December 31, 2011,
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,
|
|
|
2011
|
|
2010
|
|
2011
|
|
2010
|
Gross
investment income
|
$
17,358
|
|
$
14,553
|
|
$
119,916
|
|
$
111,230
|
Operating
expenses
|
(3,286)
|
|
(2,997)
|
|
(13,698)
|
|
(12,040)
|
Interest
expense
|
(1,192)
|
|
(1,488)
|
|
(4,480)
|
|
(4,433)
|
|
Net
investment income
|
$
12,880
|
|
$
10,068
|
|
$
101,738
|
|
$
94,757
|
Net
realized and unrealized gains (losses)
|
|
|
|
|
|
|
|
on
investments
|
$
(97,725)
|
|
$
102,255
|
|
$
(66,500)
|
|
$
94,840
|
|
Net
increase (decrease) in net assets
|
|
|
|
|
|
|
|
|
from operations
|
$
(84,845)
|
|
$
112,323
|
|
$
35,238
|
|
$
189,597
|
|
|
|
|
|
|
|
|
|
Earnings
per Share Outstanding
|
|
|
|
|
|
|
|
Gross
investment income
|
$
0.228
|
|
$
0.190
|
|
$
1.572
|
|
$
1.458
|
Operating
expenses
|
(0.044)
|
|
(0.039)
|
|
(0.180)
|
|
(0.158)
|
Interest
expense
|
(0.016)
|
|
(0.019)
|
|
(0.059)
|
|
(0.058)
|
|
Net
investment income
|
$
0.168
|
|
$
0.132
|
|
$
1.333
|
|
$
1.242
|
Net
realized and unrealized gains (losses)
|
|
|
|
|
|
|
|
on
investments
|
$
(1.282)
|
|
$
1.345
|
|
$
(0.873)
|
|
$
1.248
|
|
Net
increase (decrease) in net assets
|
|
|
|
|
|
|
|
|
from operations
|
$
(1.114)
|
|
$
1.477
|
|
$
0.460
|
|
$
2.490
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net Asset
Value at October 31
|
|
|
|
|
|
|
|
|
Net
assets
|
|
|
|
|
$
1,097,143
|
|
$
1,155,754
|
|
Shares
outstanding
|
|
|
|
|
76,300
|
|
76,300
|
|
Net asset
value per share outstanding
|
|
|
|
|
$
14.38
|
|
$
15.15
|
|
|
|
|
|
|
|
|
|
Market
Value Summary
|
|
|
|
|
|
|
|
|
Market
price on NYSE at October 31
|
|
|
|
|
$
13.34
|
|
$
14.34
|
|
High
market price (period ended October 31)
|
|
|
|
|
$
15.67
|
|
$
14.77
|
|
Low market
price (period ended October 31)
|
|
|
|
|
$
11.90
|
|
$
11.61
|
SOURCE Eaton Vance Management