Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) Announces $0.13 Monthly Dividend

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) declared a monthly dividend on Friday, May 1st. Stockholders of record on Friday, May 15th will be given a dividend of 0.1293 per share on Friday, May 29th. This represents a c) annualized dividend and a dividend yield of 6.8%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

Shares of NYSE:ETG traded up $0.38 on Wednesday, hitting $22.97. 10,662 shares of the company were exchanged, compared to its average volume of 138,523. The company’s 50 day moving average price is $21.44 and its two-hundred day moving average price is $22.20. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a one year low of $19.34 and a one year high of $23.67.

Hedge Funds Weigh In On Eaton Vance Tax-Advantaged Global Dividend Income Fund

Several large investors have recently added to or reduced their stakes in ETG. Baird Financial Group Inc. acquired a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 1st quarter worth approximately $186,000. Royal Bank of Canada raised its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 5.0% in the first quarter. Royal Bank of Canada now owns 213,733 shares of the company’s stock valued at $3,894,000 after purchasing an additional 10,266 shares in the last quarter. Jane Street Group LLC lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 23.6% in the first quarter. Jane Street Group LLC now owns 15,798 shares of the company’s stock worth $288,000 after purchasing an additional 3,015 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Eaton Vance Tax-Advantaged Global Dividend Income Fund by 664.6% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,577 shares of the company’s stock worth $159,000 after purchasing an additional 6,586 shares during the period. Finally, Cresset Asset Management LLC acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund during the second quarter worth $553,000.

About Eaton Vance Tax-Advantaged Global Dividend Income Fund

The Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE: ETG) is a diversified closed-end management investment company. The fund seeks to provide monthly distributions with the potential for long-term total return, emphasizing high-quality income-producing equity securities from issuers around the world while aiming to enhance after-tax yield for shareholders.

ETG’s portfolio is composed primarily of dividend-paying common stocks, preferred stocks, securities convertible into equity shares, and American Depositary Receipts across developed and emerging markets.