Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Declares Monthly Dividend of $0.15

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.1523 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Enhanced Equity Income Fund II Stock Performance

Shares of NYSEARCA EOS traded up $0.13 during midday trading on Wednesday, hitting $22.59. The stock had a trading volume of 17,916 shares, compared to its average volume of 133,409. Eaton Vance Enhanced Equity Income Fund II has a 1-year low of $19.44 and a 1-year high of $24.49. The company has a fifty day moving average price of $21.51 and a 200 day moving average price of $22.31.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE raised its stake in shares of Eaton Vance Enhanced Equity Income Fund II by 0.6% in the 2nd quarter. Bank of America Corp DE now owns 1,378,577 shares of the company’s stock valued at $33,375,000 after purchasing an additional 8,681 shares in the last quarter. Guggenheim Capital LLC boosted its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 3.7% during the fourth quarter. Guggenheim Capital LLC now owns 791,908 shares of the company’s stock valued at $18,539,000 after acquiring an additional 28,169 shares during the period. Invesco Ltd. grew its position in Eaton Vance Enhanced Equity Income Fund II by 27.9% in the 4th quarter. Invesco Ltd. now owns 728,817 shares of the company’s stock worth $17,062,000 after purchasing an additional 159,111 shares during the last quarter. Wells Fargo & Company MN increased its position in Eaton Vance Enhanced Equity Income Fund II by 5.1% in the 4th quarter. Wells Fargo & Company MN now owns 719,341 shares of the company’s stock valued at $16,840,000 after acquiring an additional 35,033 shares during the period. Finally, Raymond James Financial Inc. raised its stake in Eaton Vance Enhanced Equity Income Fund II by 2.9% during the 3rd quarter. Raymond James Financial Inc. now owns 670,344 shares of the company’s stock valued at $16,041,000 after acquiring an additional 18,692 shares in the last quarter.

About Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.