Eaton Vance Tax-Advantaged Global Dividend Income Fund Declares Early Distribution of Monthly Dividend.BOSTON -- Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE NYSE See: New York Stock Exchange : ETG ETG Enter the Game (gaming chat network) ETG Expert Task Group ETG Enabling Technologies Group (Phillips Company) ETG Episode Treatment Groups (Symmetry Health Data Systems, Inc. ), a closed-end management investment company, today declared a dividend of $0.1160 per share. This dividend represents an acceleration in the declaration, record and payment dates of the Fund's regularly scheduled monthly dividend for January. The dividend will be paid on January 6, 2006 to shareholders of record on December 30, 2005. The ex-dividend date Ex-dividend date The first day of trading when the buyer of a stock is no longer entitled to the most recently announced dividend payment ( i.e. the trade will settle the day after the record date, too late for the buyer to appear on the shareholder record and receive the dividend. is December 28, 2005. The declaration, record and payment dates of the regular January distribution have been accelerated to allow the Fund to meet its 2005 distribution requirement for federal excise tax Excise Tax 1. An indirect tax charged on the sale of a particular good. 2. A penalty tax applied to ineligible transactions in retirement accounts. This penalty is assessed by and paid to the IRS. Notes: 1. purposes. The Fund expects to declare its next regular monthly dividend in the middle of February for payment at the end of February. Based on the Fund's per share price of $20.87 at the close of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. on December 20, 2005, the Fund's monthly dividend equates to an annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. market yield of 6.67%. At this time, the Fund estimates that virtually all of the income paid out of the Fund in calendar year 2005 will be considered qualifying dividend income, subject to taxation at long-term capital gains rates no greater than 15%. The amount of monthly dividend distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of dividends on the common shares could change. The final determination of tax characteristics of the Fund's distributions will not occur until after the end of the year, at which time it will be reported to shareholders. In order for Fund distributions of qualified dividend income to be taxable at long-term capital gains rates, a shareholder must meet certain prescribed holding period and other requirements with respect to his or her shares. Shareholders should consult with their tax advisor for more information about their particular tax situation. The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had $108.5 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. on October 31, 2005. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (617) 482-8260. |
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