Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Earnings Results for the Third Quarter and Nine Months Ended July 31, 2012
October 15, 2012 at 11:31 pm IST
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Eaton Vance Tax-Managed Global Diversified Equity Income Fund announced earnings results for the third quarter and nine months ended July 31, 2012. For the quarter, the company reported net investment income of $20,191,000 against $29,113,000 a year ago. Loss from operations was $44,751,000 against $193,265,000 a year ago. Net investment earnings per share was $0.66 against $0.095 a year ago. Net realized and unrealized losses were $64,941,837, or $0.213 per share against net realized and unrealized losses of $222,378,000, or $0.729 per share a year ago.
For the nine months, the company reported net investment income of $29,113,665, or $0.095 earnings per share against net investment income of $52,253,176, or $0.171 earnings per share a year ago. Earnings from operations was $169,486,000 against $202,663,000 a year ago. Net realized and unrealized income was $118,827,000, or $0.389 per share against net realized and unrealized income of $150,410,000, or $0.492 per share a year ago.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. Its portfolio of investments includes aerospace and defense, air freight and logistics, automobiles, banks, beverages, building products, biotechnology, construction materials, diversified financial services, electric utilities, electrical equipment, electronic equipment, instruments and components, entertainment, equity real estate investment trusts, food products, healthcare equipment and supplies, healthcare providers and services, hotels, restaurants and leisure, industrial conglomerates, insurance, interactive media and services, Internet and direct marketing retail, information technology services, leisure products, machinery, personal products, and others. Investment adviser of the Fund is Eaton Vance Management.