Eaton Vance Closed-End Funds Release Estimated Sources Of Distributions

BOSTON, Sept. 30, 2020 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their September 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 September distribution. It is not determinative of the tax character of a Fund's distributions for the 2020 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 September distribution and its cumulative distributions paid for its fiscal year through September 30, 2020, 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:	September- 2020
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	$0.0128	14.20%	$0.1272	11.80%
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)	$0.0770	85.80%	$0.9504	88.20%
Total per common share	$0.0898	100.00%	$1.0776	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			11.23%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			6.66%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			14.95%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.11%

Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)
Distribution Period:	September- 2020
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	$0.0000	0.00%	$0.0000	0.00%
Return of Capital or Other Capital Source(s)	$0.0988	100.00%	$0.8892	100.00%
Total per common share	$0.0988	100.00%	$0.8892	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			14.81%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			6.03%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			16.86%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			3.52%

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)
Distribution Period:	September- 2020
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	$0.0059	7.80%	$0.0530	7.80%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0701	92.20%	$0.1360	19.90%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.4950	72.30%
Total per common share	$0.0760	100.00%	$0.6840	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			8.29%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			9.01%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			15.65%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.01%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)
Distribution Period:	September- 2020
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	$0.0638	44.00%	$0.5546	34.80%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0462	31.90%	$0.9345	58.60%
Return of Capital or Other Capital Source(s)	$0.0350	24.10%	$0.1059	6.60%
Total per common share	$0.1450	100.00%	$1.5950	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			9.27%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			7.88%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			-2.78%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.57%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)
Distribution Period:	September- 2020
Distribution Amount per Common Share:	$0.1425
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	$0.0235	16.50%	$0.3101	17.30%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.1190	83.50%	$1.4824	82.70%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1425	100.00%	$1.7925	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			10.97%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			7.02%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			10.05%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.78%

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)
Distribution Period:	September- 2020
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	$0.0083	7.70%	$0.0875	9.00%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0997	92.30%	$0.2799	28.80%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.6046	62.20%
Total per common share	$0.1080	100.00%	$0.9720	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			6.86%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			9.24%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			-2.09%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.16%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)
Distribution Period:	September- 2020
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	$0.0051	4.60%	$0.0479	4.80%
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)	$0.1057	95.40%	$0.9493	95.20%
Total per common share	$0.1108	100.00%	$0.9972	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			8.87%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			9.62%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			0.90%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.41%

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
Distribution Period:	September- 2020
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	$0.0079	9.40%	$0.0853	9.20%
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)	$0.0764	90.60%	$0.8420	90.8%
Total per common share	$0.0843	100.00%	$0.9273	100.0%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			10.48%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			8.18%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			12.30%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			6.82%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)
Distribution Period:	September- 2020
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	$0.0013	1.80%	$0.0622	9.50%
Net Realized Short-Term Capital Gains	$0.0000	0.00%	$0.0000	0.00%
Net Realized Long-Term Capital Gains	$0.0714	98.20%	$0.2800	42.80%
Return of Capital or Other Capital Source(s)	$0.0000	0.00%	$0.3121	47.70%
Total per common share	$0.0727	100.00%	$0.6543	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			6.32%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			8.94%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			-0.35%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			5.96%

Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)
Distribution Period:	September- 2020
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	$0.1025	100.00%	$1.1275	100.00%
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)	$0.0000	0.00%	$0.0000	0.00%
Total per common share	$0.1025	100.00%	$1.1275	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			8.86%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			6.98%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			7.74%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			5.82%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)
Distribution Period:	September- 2020
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	$0.0022	3.60%	$0.0427	6.30%
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)	$0.0594	96.40%	$0.6349	93.70%
Total per common share	$0.0616	100.00%	$0.6776	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			8.12%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			8.57%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			7.44%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			7.14%

Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD)
Distribution Period:	September- 2020
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	$0.0013	1.80%	$0.0185	2.90%
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)	$0.0695	98.20%	$0.6187	97.10%
Total per common share	$0.0708	100.00%	$0.6372	100.00%

Average annual total return at NAV for the 5-year period ended on August 31, 2020 ¹			1.82%
Annualized current distribution rate expressed as a percentage of NAV as of August 31, 2020 ²			8.42%
Cumulative total return at NAV for the fiscal year through August 31, 2020 ³			1.81%
Cumulative fiscal year to date distribution rate as a percentage of NAV as of August 31, 2020 ⁴			5.61%


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 August 31, 2020
² The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of August 31 ,2020
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 August 31, 2020
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 August 31, 2020 measured on the dollar value of the
distributions in year-to-date period as a percentage of the Fund's NAV as of August 31, 2020