Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Dec. 31, 2019 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their December distributions (each a "Fund"). This press release is issued as required by the Funds' 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, as noted below, 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 December distribution. It is not determinative of the tax character of a Fund's distributions for the 2019 calendar year. Shareholders should note that each Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.

IMPORTANT DISCLOSURE: You should not draw any conclusions about each Fund's investment performance from the amount of this distribution or from the terms of each Fund's Plan. Each 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 each Fund is paid back to you. A return of capital distribution does not necessarily reflect each 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 each Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. Each 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.

The following tables set forth estimates of the sources of each Fund's December distribution and its cumulative distributions paid for its fiscal year through December 31, 2019, and information relating to each Fund's performance based on its net asset value (NAV) for certain periods.

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0898
Distribution Frequency:	Monthly
Fiscal Year End:	September
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0110	12.20%	$0.0310	11.50%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0749	83.40%	$0.0749	27.80%
Return of Capital or Other Capital Source(s)	$0.0039	4.40%	$0.1635	60.70%
Total per common share	$0.0898	100.00%	$0.2694	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			8.81%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			6.91%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			4.73%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			1.15%


Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0988
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0000	0.00%	$0.0000	0.00%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0988	100.00%	$1.1856	100.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.0988	100.00%	$1.1856	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			10.93%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			6.87%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			24.35%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			6.30%


Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0760
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0069	9.10%	$0.0650	7.10%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0691	90.90%	$0.8470	92.90%
Total per common share	$0.0760	100.00%	$0.9120	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			4.81%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			9.90%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			12.67%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			9.08%


Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.1450
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0282	19.40%	$0.0540	18.70%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0210	7.10%
Return of Capital or Other Capital Source(s)	$0.1168	80.60%	$0.2150	74.20%
Total per common share	$0.1450	100.00%	$0.2900	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			10.27%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			6.96%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			3.31%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			0.58%


Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.1800
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0092	5.10%	$0.0178	4.90%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0607	16.90%
Net Realized Long-Term Capital Gains	$0.1708	94.90%	$0.2815	78.20%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1800	100.00%	$0.3600	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			9.23%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.80%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			3.69%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			0.73%


Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.1080
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0149	13.80%	$0.1452	11.20%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.1724	13.30%
Return of Capital or Other Capital Source(s)	$0.0931	86.20%	$0.9784	75.50%
Total per common share	$0.1080	100.00%	$1.2960	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			6.92%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.57%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			16.68%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			7.85%


Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.1108
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0065	5.90%	$0.0824	6.20%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.1043	94.10%	$1.2472	93.80%
Total per common share	$0.1108	100.00%	$1.3296	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			8.91%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			9.17%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			18.19%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			8.41%


Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0843
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0085	10.10%	$0.0167	9.90%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0758	89.90%	$0.1519	90.1%
Total per common share	$0.0843	100.00%	$0.1686	100.0%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			8.74%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.35%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			2.73%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			0.70%


Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0727
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0119	16.30%	$0.1330	15.20%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.1078	12.40%
Return of Capital or Other Capital Source(s)	$0.0608	83.70%	$0.6316	72.40%
Total per common share	$0.0727	100.00%	$0.8724	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			6.24%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.45%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			15.54%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			7.75%


Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.1025
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0082	8.00%	$0.0346	16.90%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0943	92.00%	$0.1704	83.10%
Total per common share	$0.1025	100.00%	$0.2050	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			7.63%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			6.84%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			3.46%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			0.57%


Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)

Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0616
Distribution Frequency:	Monthly
Fiscal Year End:	October
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0039	6.30%	$0.0080	6.50%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0577	93.70%	$0.1152	93.50%
Total per common share	$0.0616	100.00%	$0.1232	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			6.95%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.33%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			2.68%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			0.69%


Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)
Distribution Period:	December- 2019
Distribution Amount per Common Share:	$0.0708
Distribution Frequency:	Monthly
Fiscal Year End:	December
Source	Current Distribution	% of Current Distribution	Cumulative Distributions for the Fiscal Year-to-Date	% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income	$0.0046	6.50%	$0.0559	7.90%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0662	93.50%	$0.6521	92.10%
Total per common share	$0.0708	100.00%	$0.7080	100.00%

Average annual total return at NAV for the 5-year period ended on November 30, 2019 ¹			2.84%
Annualized current distribution rate expressed as a percentage of NAV as of November 30, 2019 ²			8.15%
Cumulative total return at NAV for the fiscal year through November 30, 2019 ³			11.45%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of November 30, 2019 ⁴			6.12%


¹ Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended
on November 30, 2019
² The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of November 30, 2019
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 November 30, 2019
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 November 30, 2019 measured on the dollar value of the
distributions in year-to-date period as a percentage of the Fund's NAV as of November 30, 2019