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

Eaton Vance Tax-Advantaged Global Dividend Income Fund (NYSE:ETG) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1293 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a dividend yield of 6.6%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Tax-Advantaged Global Dividend Income Fund Stock Performance

NYSE:ETG traded up $0.17 during mid-day trading on Thursday, reaching $23.64. The stock had a trading volume of 6,530 shares, compared to its average volume of 133,649. Eaton Vance Tax-Advantaged Global Dividend Income Fund has a 12 month low of $19.34 and a 12 month high of $23.67. The stock has a 50-day simple moving average of $22.77 and a two-hundred day simple moving average of $22.45.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Baird Financial Group Inc. acquired a new stake in Eaton Vance Tax-Advantaged Global Dividend Income Fund in the first quarter valued at about $186,000. Royal Bank of Canada lifted its holdings 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 worth $3,894,000 after acquiring an additional 10,266 shares during the last quarter. Jane Street Group LLC lifted its holdings in shares of 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 acquiring an additional 3,015 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund by 664.6% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 7,577 shares of the company’s stock valued at $159,000 after purchasing an additional 6,586 shares in the last quarter. Finally, Cresset Asset Management LLC bought a new stake in shares of Eaton Vance Tax-Advantaged Global Dividend Income Fund during the 2nd quarter valued at approximately $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.