Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Aug. 31, 2021 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their August 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 August distribution. It is not determinative of the tax character of a Fund's distributions for the 2021 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 August distribution and its cumulative distributions paid for its fiscal year through August 31, 2021, 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:	August- 2021
Distribution Amount per Common Share:	$0.1095
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	$0.0128	11.70%	$0.0625	6.20%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0897	81.90%	$0.9279	92.10%
Return of Capital or Other Capital Source(s)	$0.0070	6.40%	$0.0171	1.70%
Total per common share	$0.1095	100.00%	$1.0075	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			14.37%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			5.74%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			26.22%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.78%

Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.1373
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	$0.1373	100.00%	$0.8289	100.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1373	100.00%	$0.8289	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			18.23%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			5.04%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			14.48%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			2.94%

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:	August- 2021
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	$0.0042	5.50%	$0.0213	3.50%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0416	54.70%	$0.1021	16.80%
Return of Capital or Other Capital Source(s)	$0.0302	39.80%	$0.4846	79.70%
Total per common share	$0.0760	100.00%	$0.6080	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			10.42%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			8.76%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			8.66%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			5.11%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.1626
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	$0.0496	30.50%	$0.4840	33.00%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.1130	69.50%	$0.9836	67.00%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1626	100.00%	$1.4676	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			13.62%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			6.24%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			39.49%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.68%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.1792
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	$0.0450	25.10%	$0.3369	23.10%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.4170	28.50%
Net Realized Long-Term Capital Gains	$0.1342	74.90%	$0.7078	48.40%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1792	100.00%	$1.4617	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			15.72%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			5.57%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			43.83%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.17%

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:	August- 2021
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	$0.0046	4.30%	$0.0406	4.70%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0000	0.00%	$0.1745	20.20%
Return of Capital or Other Capital Source(s)	$0.1034	95.70%	$0.6489	75.10%
Total per common share	$0.1080	100.00%	$0.8640	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			9.62%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			8.15%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			14.54%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.75%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:	August- 2021
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	$0.0004	0.40%	$0.0089	1.00%
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)	$0.1104	99.60%	$0.8775	99.00%
Total per common share	$0.1108	100.00%	$0.8864	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			12.22%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			8.42%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			14.77%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.91%

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.0929
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	$0.0075	8.10%	$0.0409	4.80%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0854	91.90%	$0.5220	61.30%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.2887	33.9%
Total per common share	$0.0929	100.00%	$0.8516	100.0%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			13.38%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			7.26%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			27.39%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			5.44%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:	August- 2021
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	$0.0070	9.60%	$0.0434	7.50%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0657	90.40%	$0.3225	55.40%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.2157	37.10%
Total per common share	$0.0727	100.00%	$0.5816	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			9.76%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			8.00%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			11.18%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.66%

Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.1300
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	$0.0975	75.00%	$0.6115	58.10%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0060	4.60%	$0.3768	35.80%
Return of Capital or Other Capital Source(s)	$0.0265	20.40%	$0.0642	6.10%
Total per common share	$0.1300	100.00%	$1.0525	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			14.46%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			5.52%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			44.68%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.14%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:	August- 2021
Distribution Amount per Common Share:	$0.0689
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	$0.0065	9.40%	$0.0299	4.80%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0428	62.10%	$0.2369	38.00%
Return of Capital or Other Capital Source(s)	$0.0196	28.50%	$0.3565	57.20%
Total per common share	$0.0689	100.00%	$0.6233	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			12.38%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			7.16%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			35.42%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			5.37%

Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)
Distribution Period:	August- 2021
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	$0.0000	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	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0708	100.00%	$0.5664	100.00%
Total per common share	$0.0708	100.00%	$0.5664	100.00%

Average annual total return at NAV for the 5-year period ended on July 31, 2021 ¹			6.02%
Annualized current distribution rate expressed as a percentage of NAV as of July 31, 2021 ²			7.32%
Cumulative total return at NAV for the fiscal year through July 31, 2021 ³			15.22%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of July 31, 2021 ⁴			4.27%


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 July 31, 2021
² The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of July 31, 2021
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, 2021
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, 2021 measured on the dollar value of the
distributions in year-to-date period as a percentage of the Fund's NAV as of May 31, 2021