Eaton Vance Tax-Advantaged Global Dividend Income Fund
ETG
New York Stock Exchange- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- John H. Croft CFA
- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- One Post Office Square Boston MA United States of America 02110
- IPO Date
- Jan 29, 2004
- CIK
- 0001270523
- Website
- funds.eatonvance.com
- Similar Companies
- Business
- Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG) is a closed-end fund that provides a high level of after-tax total return to investors through tax-advantaged dividend income and capital appreciation. The Fund invests primarily in global dividend-paying common and preferred stocks, focusing on value stocks with potential for meaningful dividend growth; it employs fundamental analysis across diversified sectors in public equity markets worldwide, with at least 80% of total managed assets allocated to such securities, including at least 25% in U.S. issuers and 30% in non-U.S. issuers, encompassing emerging markets. Shares trade on the New York Stock Exchange (NYSE: ETG), offering daily liquidity, with monthly distributions currently at $0.1293 per share (annualized yield of approximately 7.14% at NAV as of June 30, 2025), leveraging borrowings for enhanced returns (18.2% of total net assets). Managed by Eaton Vance Management, part of Morgan Stanley Investment Management since the 2021 acquisition, the Fund was launched on January 30, 2004 (with initial formation noted November 14, 2003) and is domiciled in the United States with headquarters at One Post Office Square, Boston, Massachusetts. Its portfolio features 111 equity holdings as of mid-2025, with top concentrations in North America (55.67%), Europe (35.70%), and Asia/Pacific (6.24%); sector allocations emphasize financials (25.25%), information technology (19.57%), and consumer discretionary (11.28%), benchmarked against the MSCI World Index. The investment team includes veterans such as Christopher M. Dyer, CFA (24 years experience), Derek J.V. DiGregorio (19 years), and Joseph Mehlman, CFA (23 years). In recent developments, the Fund maintained consistent monthly distributions through 2025, increasing from $0.1001 in early 2024 to $0.1293 starting March 2024, reflecting a 17.72% dividend growth over one year amid portfolio turnover of 57% semi-annually. Eaton Vance, as part of Morgan Stanley Investment Management, announced new partnerships in 2025 with Harding Loevner and Schafer Cullen Capital Management via Parametric Portfolio Associates LLC for the Custom Active tax optimization solution across active equity strategies. Total net assets stood at $1.7 billion with $2.0 billion in total investments as of June 30, 2025, supported by ongoing leverage and a -3.64% premium/discount to NAV.