BOSTON, July 6 /PRNewswire-FirstCall/ -- Eaton Vance Tax-Advantaged Global Dividend Income Fund , a diversified closed-end investment company, today announced the earnings of the Fund for the three months and the six months ended April 30, 2010. The Fund's fiscal year ends on October 31, 2010.
For the three months ended April 30, 2010, the Fund had net investment income of $20,973,780 ($0.276 per share). For the six months ended April 30, 2010, the Fund had net investment income of $36,136,592 ($0.474 per share). In comparison, for the three months ended April 30, 2009, the Fund had net investment income of $21,399,708 ($0.280 per share). For the six months ended April 30, 2009, the Fund had net investment income of $49,907,448 ($0.654 per share).
Net realized and unrealized gains for the three months ended April 30, 2010 were $60,320,043 ($0.796 per share) and net realized and unrealized gains for the six months ended April 30, 2010 were $68,360,757 ($0.901 per share). In comparison, net realized and unrealized losses for the three months ended April 30, 2009 were $28,204,775 ($0.373 per share) and net realized and unrealized losses for the six months ended April 30, 2009 were $241,715,480 ($3.173 per share).
On April 30, 2010, net assets of the Fund were $1,117,099,402. The net asset value per share on April 30, 2010 was $14.65 based on 76,265,526 shares outstanding. In comparison, on April 30, 2009, net assets of the Fund were $837,487,798. The net asset value per share on April 30, 2009 was $10.98 based on 76,265,526 shares outstanding.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. , based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $176.2 billion in assets as of April 30, 2010, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDEND INCOME FUND SUMMARY OF RESULTS OF OPERATIONS (in thousands, except per share amounts) Three Months Ended April 30 -------- 2010 2009 ---- ---- Gross investment income $24,895 $25,807 Operating expenses (2,733) (1,777) Interest expense (1,188) (2,631) ------ ------ Net investment income $20,974 $21,399 Net realized and unrealized gains (losses) on investments $60,320 $(28,205) ------- -------- Net increase (decrease) in net assets from operations $81,294 $(6,806) ======= ======= Earnings per Share Outstanding ------------------------------ Gross investment income $0.327 $0.338 Operating expenses (0.036) (0.023) Interest expense (0.015) (0.035) ------ ------ Net investment income $0.276 $0.280 Net realized and unrealized gains (losses) on investments $0.796 $(0.373) ------ ------- Net increase (decrease) in net assets from operations $1.072 $(0.093) ====== ======= Net Asset Value at April 30 --------------------------- Net assets Shares outstanding Net asset value per share outstanding Market Value Summary -------------------- Market price on NYSE at April 30 High market price (period ended April 30) Low market price (period ended April 30) Six Months Ended April 30 -------- 2010 2009 ---- ---- Gross investment income $43,995 $59,449 Operating expenses (5,774) (4,825) Interest expense (2,084) (4,717) ------ ------ Net investment income $36,137 $49,907 Net realized and unrealized gains (losses) on investments $68,361 $(241,715) ------- --------- Net increase (decrease) in net assets from operations $104,498 $(191,808) ======== ========= Earnings per Share Outstanding ------------------------------ Gross investment income $0.577 $0.779 Operating expenses (0.076) (0.063) Interest expense (0.027) (0.062) ------ ------ Net investment income $0.474 $0.654 Net realized and unrealized gains (losses) on investments $0.901 $(3.173) ------ ------- Net increase (decrease) in net assets from operations $1.375 $(2.519) ====== ======= Net Asset Value at April 30 --------------------------- Net assets $1,117,099 $837,488 Shares outstanding 76,266 76,266 Net asset value per share outstanding $14.65 $10.98 Market Value Summary -------------------- Market price on NYSE at April 30 $14.22 $8.96 High market price (period ended April 30) $14.77 $12.56 Low market price (period ended April 30) $12.40 $6.31
Eaton Vance Management
CONTACT: Investor Contact: +1-800-262-1122
Web Site: http://www.eatonvance.com/
