Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Short Interest Update

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXGGet Free Report) was the recipient of a large decline in short interest during the month of July. As of July 31st, there was short interest totaling 394,108 shares, a decline of 37.2% from the July 15th total of 627,585 shares. Based on an average daily volume of 383,956 shares, the days-to-cover ratio is presently 1.0 days.

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

NYSE EXG traded up $0.01 during mid-day trading on Wednesday, reaching $9.87. The stock had a trading volume of 150,541 shares, compared to its average volume of 491,658. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 1 year low of $8.24 and a 1 year high of $10.16. The company has a fifty day moving average price of $9.72 and a 200 day moving average price of $9.45.

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

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be given a dividend of $0.0657 per share. This represents a c) dividend on an annualized basis and a yield of 8.0%. The ex-dividend date is Friday, August 14th.

Institutional Trading of Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Garton & Associates Financial Advisors LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 4th quarter worth $25,000. Jessup Wealth Management Inc bought a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 4th quarter valued at approximately $27,000. First Horizon Corp purchased a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 4th quarter worth approximately $28,000. Advisory Services Network LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 3rd quarter worth approximately $35,000. Finally, WFA of San Diego LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter worth approximately $58,000.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Eaton Vance Tax-Managed Global Diversified Equity Income Fund Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Eaton Vance Tax-Managed Global Diversified Equity Income Fund and related companies with MarketBeat.com's FREE daily email newsletter.