Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG – Get Free Report) announced a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be paid a dividend of 0.0657 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a yield of 7.8%. The ex-dividend date of this dividend is Friday, August 14th.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance
EXG opened at $10.07 on Wednesday. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 52-week low of $8.24 and a 52-week high of $10.09. The firm’s 50-day moving average price is $9.66 and its 200-day moving average price is $9.44.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Morgan Stanley increased its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.8% in the 4th quarter. Morgan Stanley now owns 24,202,274 shares of the financial services provider’s stock valued at $230,648,000 after acquiring an additional 194,662 shares during the period. Invesco Ltd. grew its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.9% during the 3rd quarter. Invesco Ltd. now owns 3,954,370 shares of the financial services provider’s stock valued at $35,985,000 after purchasing an additional 34,049 shares during the last quarter. LPL Financial LLC increased its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.0% in the fourth quarter. LPL Financial LLC now owns 3,765,738 shares of the financial services provider’s stock valued at $35,887,000 after purchasing an additional 73,580 shares during the period. Bank of America Corp DE increased its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 1.6% in the second quarter. Bank of America Corp DE now owns 2,700,110 shares of the financial services provider’s stock valued at $23,626,000 after purchasing an additional 43,437 shares during the period. Finally, Raymond James Financial Inc. raised its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 3.1% in the second quarter. Raymond James Financial Inc. now owns 2,307,951 shares of the financial services provider’s stock worth $20,195,000 after purchasing an additional 69,927 shares during the last quarter.
About Eaton Vance Tax-Managed Global Diversified Equity Income Fund
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.
The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.
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