Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX)
The fund seeks to invest primarily in common stocks and, in the investment adviser's discretion, preferred stocks of U.S. and foreign companies that pay dividends that qualify for federal income taxation at long-term capital gain rates ("tax-favored dividends"). Under normal market conditions, the fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in dividend-paying common and preferred stocks (the "80% policy").
Fund Info
| ISIN | US2779231081 |
|---|---|
| CUSIP | 277923108 |
| Issuer | Blackrock |
| Inception Date | May 29, 2003 |
| Category | Global Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
EADIX has a high expense ratio of 1.18%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: EADIX vs. TQQQ, EADIX vs. PIPAX, EADIX vs. BIZD, EADIX vs. MGK
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Eaton Vance Tax-Managed Global Dividend Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Eaton Vance Tax-Managed Global Dividend Income Fund had a return of 11.50% year-to-date (YTD) and 18.98% in the last 12 months. Over the past 10 years, Eaton Vance Tax-Managed Global Dividend Income Fund had an annualized return of 8.57%, while the S&P 500 had an annualized return of 11.31%, indicating that Eaton Vance Tax-Managed Global Dividend Income Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.50% | 24.72% |
| 1 month | -0.88% | 2.30% |
| 6 months | 1.48% | 12.31% |
| 1 year | 18.98% | 32.12% |
| 5 years (annualized) | 10.82% | 13.81% |
| 10 years (annualized) | 8.57% | 11.31% |
Monthly Returns
The table below presents the monthly returns of EADIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.55% | 4.62% | 2.93% | -3.47% | 5.22% | 0.51% | 0.04% | 2.37% | 0.73% | -3.71% | 11.50% | ||
| 2023 | 7.44% | -3.10% | 3.19% | 2.03% | -0.58% | 6.08% | 3.43% | -2.20% | -4.72% | -2.05% | 9.26% | 4.84% | 25.02% |
| 2022 | -5.10% | -3.86% | 0.81% | -8.28% | 1.74% | -9.68% | 8.02% | -5.29% | -8.09% | 7.22% | 8.76% | -4.43% | -18.77% |
| 2021 | -1.20% | 3.68% | 2.72% | 5.33% | 2.59% | -0.02% | 1.88% | 2.67% | -4.53% | 5.79% | -2.36% | 5.27% | 23.44% |
| 2020 | -0.92% | -7.13% | -15.52% | 10.00% | 5.56% | 2.70% | 4.25% | 6.04% | -2.97% | -3.31% | 12.97% | 5.26% | 14.32% |
| 2019 | 7.46% | 2.61% | 1.63% | 4.16% | -6.53% | 6.68% | -0.12% | -1.63% | 1.84% | 2.79% | 3.51% | 3.70% | 28.50% |
| 2018 | 4.66% | -4.90% | -0.35% | 0.44% | -0.83% | -0.12% | 3.03% | 0.99% | 0.44% | -7.81% | 0.99% | -7.76% | -11.44% |
| 2017 | 2.72% | 1.99% | 0.92% | 2.31% | 3.19% | 0.21% | 1.78% | -0.92% | 1.78% | 1.67% | 1.17% | 1.63% | 20.02% |
| 2016 | -4.89% | -2.47% | 5.83% | 1.15% | 0.69% | -1.57% | 3.64% | -0.75% | 0.24% | -1.84% | 0.24% | 2.04% | 1.89% |
| 2015 | -0.88% | 5.13% | -0.54% | 1.08% | 1.49% | -2.22% | 1.77% | -5.40% | -2.74% | 7.30% | 0.22% | -1.64% | 2.96% |
| 2014 | -2.89% | 4.92% | -0.46% | 0.75% | 1.61% | 1.59% | -2.40% | 2.65% | -1.73% | 0.33% | 1.00% | -2.03% | 3.10% |
| 2013 | 3.65% | -0.44% | 2.23% | 2.68% | 0.71% | -2.88% | 3.86% | -2.68% | 3.84% | 4.09% | 2.04% | 2.16% | 20.68% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of EADIX is 38, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Dividend Income Fund (EADIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Eaton Vance Tax-Managed Global Dividend Income Fund provided a 4.05% dividend yield over the last twelve months, with an annual payout of $0.70 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.70 | $0.64 | $0.73 | $0.45 | $0.47 | $0.43 | $0.43 | $0.40 | $0.43 | $0.43 | $0.44 | $0.43 |
Dividend yield | 4.05% | 4.00% | 5.45% | 2.61% | 3.12% | 3.18% | 3.95% | 3.09% | 3.92% | 3.84% | 3.92% | 3.78% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Tax-Managed Global Dividend Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.00 | $0.58 | |
| 2023 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.64 |
| 2022 | $0.00 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.15 | $0.73 |
| 2021 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.09 | $0.45 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.47 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2017 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2016 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.43 |
| 2015 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.43 |
| 2014 | $0.00 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.44 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.43 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Tax-Managed Global Dividend Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Eaton Vance Tax-Managed Global Dividend Income Fund was 52.47%, occurring on Mar 9, 2009. Recovery took 1047 trading sessions.
The current Eaton Vance Tax-Managed Global Dividend Income Fund drawdown is 2.89%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.47% | Jul 16, 2007 | 415 | Mar 9, 2009 | 1047 | May 7, 2013 | 1462 |
| -35.34% | Feb 13, 2020 | 27 | Mar 23, 2020 | 114 | Sep 2, 2020 | 141 |
| -27.71% | Jan 5, 2022 | 183 | Sep 27, 2022 | 309 | Dec 19, 2023 | 492 |
| -20.76% | Jan 29, 2018 | 229 | Dec 24, 2018 | 216 | Nov 1, 2019 | 445 |
| -15.39% | May 22, 2015 | 183 | Feb 11, 2016 | 240 | Jan 25, 2017 | 423 |
Volatility
Volatility Chart
The current Eaton Vance Tax-Managed Global Dividend Income Fund volatility is 2.86%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.