Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)
Frequently Asked Questions About Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)
Can EXG be held in tax-advantaged accounts?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund can be held in tax-advantaged accounts such as IRAs and 401(k) plans. However, since the fund is designed with a tax-managed strategy mainly for taxable accounts, investors should consider their individual circumstances and the suitability of holding it in a tax-advantaged account.
Does EXG have any foreign investments?
Yes, Eaton Vance Tax-Managed Global Diversified Equity Income Fund includes foreign investments as part of its global equity strategy. The fund may allocate a portion of its assets to international markets to enhance diversification and seek investment opportunities in non-U.S. companies, potentially benefiting from growth in different economies.
How can investors purchase shares of EXG?
Investors can purchase shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) through a brokerage account similar to how they would buy stocks. Shares are traded on the New York Stock Exchange, which makes buying and selling them simpler for individual investors and institutional clients.
How does EXG compare to other funds in its category?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund generally competes favorably against other funds in the closed-end equity income category. Its tax-managed approach, diversified global portfolio, and focus on dividend-generating stocks make it an attractive option for income-seeking investors; however, potential investors should compare performance metrics, fees, and strategies to determine the best fit for their investment goals.
How does EXG handle capital gains distributions?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund employs a tax-managed investment strategy, which includes utilizing techniques such as tax-loss harvesting and strategic selling to minimize capital gains distributions. The aim is to keep such distributions low, thereby enhancing after-tax returns for investors.
How often does EXG distribute dividends?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund typically distributes dividends on a monthly basis. These distributions are sourced from the fund's income generated from its portfolio of dividend-paying securities, and the fund employs tax-efficient strategies to maximize the after-tax income received by its shareholders.
Is EXG suitable for all investors?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund may not be suitable for all investors, as it is designed specifically for those seeking income and capital appreciation through a globally diversified equity portfolio with a focus on dividends. It may appeal more to income-focused investors, particularly those in higher tax brackets who benefit from the fund's tax-managed approach.
What are the risks associated with investing in EXG?
Investing in Eaton Vance Tax-Managed Global Diversified Equity Income Fund carries several risks, including market risk, interest rate risk, and credit risk. Market risk refers to the potential fluctuations in price due to changes in market conditions. Additionally, the tax-managed approach may not always shield investors from capital gains tax, particularly in a volatile market.
What does Eaton Vance Tax-Managed Global Diversified Equity Income Fund do?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) is a closed-end fund that primarily seeks to provide investors with a high level of current income and capital appreciation through an actively managed portfolio of global equity securities, with a focus on dividend-paying companies. The fund employs a tax-managed approach to minimize tax impacts on distributions, making it particularly appealing for investors who prioritize after-tax returns.
What is the dividend yield of EXG?
The dividend yield of Eaton Vance Tax-Managed Global Diversified Equity Income Fund can vary based on the fund's performance and opportunities in the market, but it generally offers an attractive yield in comparison to other equity funds. Typically, the yield is supported by consistent income generated from the underlying portfolio of dividend-paying stocks.
What is the expense ratio of EXG?
The expense ratio of Eaton Vance Tax-Managed Global Diversified Equity Income Fund typically falls between 1% and 2% annually, reflecting the costs of managing the fund and providing services to shareholders. This expense ratio is competitive within the closed-end fund universe, especially considering the tax-managed approach which may benefit investors in terms of after-tax returns.
What is the historical performance of EXG?
The historical performance of Eaton Vance Tax-Managed Global Diversified Equity Income Fund reflects its investment strategies, focusing on generating income through dividends and capital appreciation. While past performance should not be seen as indicative of future results, the fund has historically provided competitive returns compared to its peers in similar categories.
What is the net asset value (NAV) of EXG?
The net asset value (NAV) of Eaton Vance Tax-Managed Global Diversified Equity Income Fund is calculated daily and represents the fair value of the fund's total assets minus its liabilities. NAV is an important measure for investors to understand the value of their investment in the fund, and it can fluctuate based on market conditions and performance of underlying assets.
What is the primary investment strategy of EXG?
The primary investment strategy of Eaton Vance Tax-Managed Global Diversified Equity Income Fund is to invest in a diversified portfolio of global equity securities, particularly those that pay dividends. The fund aims to maximize income while implementing tax-efficient strategies to enhance after-tax returns for shareholders. This involves managing capital gains distributions and utilizing tax-loss harvesting techniques.
What measures does EXG take for shareholder communication?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund places a strong emphasis on transparent shareholder communication. The company provides regular updates on fund performance, market commentary, and shareholder meetings, along with detailed reports that provide insight into portfolio changes and strategies employed by fund managers.
What sectors does EXG primarily invest in?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund invests across a broad array of sectors, including technology, healthcare, financials, consumer discretionary, and utility sectors. This diversification strategy is intended to reduce risk and increase potential sources of income through a variety of industry dynamics.
What type of investment opportunities does EXG pursue?
Eaton Vance Tax-Managed Global Diversified Equity Income Fund seeks investment opportunities in a wide range of global equity securities, including large-cap, mid-cap, and select small-cap companies across various sectors. The fund emphasizes dividend-paying stocks that offer potential for income and capital appreciation, with a focus on stable and well-established companies.
Where can I find more information about EXG?
More information about Eaton Vance Tax-Managed Global Diversified Equity Income Fund, including performance data, portfolio holdings, and fund updates, can be found on Eaton Vance's official website or through financial news platforms and brokerage websites that provide mutual fund and closed-end fund information.
Who manages the Eaton Vance Tax-Managed Global Diversified Equity Income Fund?
The Eaton Vance Tax-Managed Global Diversified Equity Income Fund is managed by Eaton Vance Management, a well-established investment management firm with a strong reputation in the industry. The firm employs a team of experienced portfolio managers and analysts who utilize rigorous research and analysis to guide their investment decisions.
What is the current price of Eaton Vance Tax-Managed Global Diversified Equity Income Fund?
The current price of Eaton Vance Tax-Managed Global Diversified Equity Income Fund is 8.020
When was Eaton Vance Tax-Managed Global Diversified Equity Income Fund last traded?
The last trade of Eaton Vance Tax-Managed Global Diversified Equity Income Fund was at 4:00 pm EDT on April 3rd, 2025