BOSTON, Feb. 29, 2012 /PRNewswire/ -- Eaton Vance
Enhanced Equity Income Fund II (NYSE: EOS) today announced
important information concerning its distribution declared in
February 2012. This press release is issued as required by
the Fund's 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 cash distributions to common shareholders, stated
in terms of a fixed amount per common share. This information is
sent to you for informational purposes only and is an estimate of
the sources of the February distribution. It is not
determinative of the tax character of the Fund's distributions for
the 2012 calendar year. Shareholders should note that the Fund's
total regular distribution amount is subject to change as a result
of market conditions or other factors.
The amounts and sources of distributions reported in this notice
are estimates, are not being provided for tax reporting purposes
and the distribution may later be determined to be from other
sources including realized short-term gains, long-term gains, to
the extent permitted by law, and return of capital. The actual
amounts and sources for tax reporting purposes will depend upon the
Fund's investment experience during the remainder of its fiscal
year and may be subject to changes based on tax regulations.
The Fund will send you a Form 1099-DIV for the calendar year that
will tell you how to report these distributions for federal income
tax purposes.
Distribution Period: February 2012
|
Distribution Amount per Common Share: $0.0922
|
The following table sets forth an estimate of the sources of the
Fund's February distribution and its cumulative distributions paid
this fiscal year to date. Amounts are expressed on a per
common share basis and as a percentage of the distribution
amount.
Eaton
Vance Enhanced Equity Income Fund II
|
Source
|
Current
Distribution
|
% of
Current
Distribution
|
Cumulative
Distributions for the
Fiscal
Year-to-Date(1)
|
% of the
Cumulative
Distributions for the
Fiscal
Year-to-Date(1)
|
Net
Investment Income
|
$0.0015
|
1.6%
|
$0.0032
|
1.7%
|
Net
Realized Short-Term Capital Gains
|
$0.0000
|
0.0%
|
$0.0000
|
0.0%
|
Net
Realized Long-Term Capital Gains
|
$0.0000
|
0.0%
|
$0.0000
|
0.0%
|
Return of
Capital or Other Capital Source(s)
|
$0.0907
|
98.4%
|
$0.1812
|
98.3%
|
Total per
common share
|
$0.0922
|
100.0%
|
$0.1844
|
100.0%
|
|
|
(1)
|
The Fund's
fiscal year is January 1, 2012 to December 31, 2012
|
IMPORTANT DISCLOSURE: You should not draw any
conclusions about the Fund's investment performance from the amount
of this distribution or from the terms of the Fund's Plan.
The Fund estimates that it has distributed more than its income and
net realized capital gains; therefore, a portion of your
distribution may be a return of capital. A return of capital may
occur for example, when some or all of the money that you invested
in the Fund is paid back to you. A return of capital distribution
does not necessarily reflect the Fund's investment performance and
should not be confused with 'yield' or 'income.' The amounts
and sources of distributions reported in this Notice are only
estimates and are not being provided for tax reporting
purposes. The actual amounts and sources of the amounts for
accounting and/or tax reporting purposes will depend upon the
Fund's investment experience during the remainder of its fiscal
year and may be subject to changes based on tax regulations. The
Fund will send you a Form 1099-DIV for the calendar year that will
tell you how to report these distributions for federal income tax
purposes.
Set forth in the table below is information relating to the
Fund's performance based on its net asset value (NAV) for certain
periods.
Average
annual total return at NAV for the 5-year period ended on January
31, 2012(1)
|
3.35%
|
Annualized
current distribution rate expressed as a percentage of NAV as of
January 31, 2012(2)
|
9.14%
|
Cumulative
total return at NAV for the fiscal year through January 31,
2012(3)
|
3.93%
|
Cumulative
fiscal year to date distribution rate as a percentage of NAV as of
January 31, 2012(4)
|
0.76%
|
|
|
(1)
|
Average
annual total return at NAV represents the simple arithmetic average
of the annual NAV total returns of the Fund for the 5-year period
ended on January 31, 2012.
|
(2)
|
The
annualized current distribution rate is the cumulative distribution
rate annualized as a percentage of the Fund's NAV as of January 31,
2012.
|
(3)
|
Cumulative
total return at NAV is the percentage change in the Fund's NAV for
the period from the beginning of its fiscal year to January 31,
2012 including distributions paid and assuming reinvestment of
those distributions.
|
(4)
|
Cumulative
fiscal year distribution rate for the period from the beginning of
its fiscal year to January 31, 2012 measured on the dollar value of
distributions in the year-to-date period as a percentage of the
Fund's NAV as of January 31, 2012.
|
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 $191.7 billion
in assets as of January 31, 2012,
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.
SOURCE Eaton Vance Management