Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Down 48.8% in January

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the target of a large drop in short interest during the month of January. As of January 30th, there was short interest totaling 481,437 shares, a drop of 48.8% from the January 15th total of 939,910 shares. Based on an average trading volume of 592,943 shares, the short-interest ratio is currently 0.8 days. Based on an average trading volume of 592,943 shares, the short-interest ratio is currently 0.8 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance

Shares of NYSE:EXG traded down $0.01 during midday trading on Friday, hitting $9.63. 413,593 shares of the stock traded hands, compared to its average volume of 538,253. The business’s 50 day moving average is $9.52 and its two-hundred day moving average is $9.20. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a one year low of $6.74 and a one year high of $9.78.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The firm also recently declared a monthly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a dividend of $0.0657 per share. The ex-dividend date of this dividend is Tuesday, February 17th. This represents a c) dividend on an annualized basis and a yield of 8.2%.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several hedge funds have recently made changes to their positions in the business. Morgan Stanley lifted its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.8% in the fourth quarter. Morgan Stanley now owns 24,202,274 shares of the financial services provider’s stock worth $230,648,000 after acquiring an additional 194,662 shares during the period. Invesco Ltd. raised its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.9% in the 3rd quarter. Invesco Ltd. now owns 3,954,370 shares of the financial services provider’s stock worth $35,985,000 after purchasing an additional 34,049 shares in the last quarter. LPL Financial LLC lifted its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.0% in the 4th quarter. LPL Financial LLC now owns 3,765,738 shares of the financial services provider’s stock worth $35,887,000 after purchasing an additional 73,580 shares during the period. Bank of America Corp DE boosted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 1.6% during the 2nd 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 in the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 3.1% during the 2nd quarter. Raymond James Financial Inc. now owns 2,307,951 shares of the financial services provider’s stock valued at $20,195,000 after purchasing an additional 69,927 shares in the last quarter.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Company Profile

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.