Eaton Vance Enhanced Equity Income Fund II August 2009 Distribution
August 31 2009 - 4:10PM
PR Newswire (US)
BOSTON, Aug. 31 /PRNewswire-FirstCall/ -- Eaton Vance Enhanced
Equity Income Fund II (NYSE:EOS) today announced important
information concerning its distribution declared in August 2009.
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 August distribution. It is not determinative of the tax
character of the Fund's distributions for the 2009 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: August 2009 Distribution Amount per
Common Share: $0.144 The following table sets forth an estimate of
the sources of the Fund's August 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 % of the
Cumulative Cumulative Distributions Distributions Current % of
Current for the Fiscal for the Fiscal Source Distribution
Distribution Year-to-Date(1) Year to Date(1) Net Investment Income
$0.009 6.2% $0.063 5.5% Net Realized Short-Term Capital Gains
$0.000 0.0% $0.000 0.0% Net Realized Long-Term Capital Gains $0.000
0.0% $0.000 0.0% Return of Capital Or Other Capital Source(s)
$0.135 93.8% $1.089 94.5% Total per common share $0.144 100.0%
$1.152 100.0% 1 The Fund's fiscal year is January 1, 2009 to
December 31, 2009 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 period from inception through July 31,
2009(1) 2.25% Annualized current distribution rate expressed as a
percentage of NAV as of July 31, 2009(2) 14.06% Cumulative total
return at NAV for the fiscal year through July 31, 2009(3) 11.61%
Cumulative fiscal year to date distribution rate as a percentage of
NAV as of July 31, 2009(4) 8.20% 1 Average annual total return at
NAV represents the simple arithmetic average of the annual NAV
total returns of the Fund for the period from inception (1/31/2005)
through July 31, 2009. 2 The annualized current distribution rate
is the cumulative distribution rate annualized as a percentage of
the Fund's NAV as of July 31, 2009. 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 July 31, 2009 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 July 31, 2009
measured on the dollar value of distributions in the year-to-date
period as a percentage of the Fund's NAV as of July 31, 2009. The
Funds are 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 $143.7
billion in assets as of July 31, 2009, offering individuals and
institutions a broad array of investment products 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 http://www.eatonvance.com/.
DATASOURCE: Eaton Vance Management CONTACT: Investor Contact:
+1-800-262-1122 Web Site: http://www.eatonvance.com/
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