Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

The chart shows the growth of an initial investment of $10,000 in Eaton Vance Tax Advantaged Global Dividend Income Closed Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) has returned -11.37% so far this year and 18.89% over the past 12 months. Over the last ten years, ETG has had an annualized return of 11.66%, just under the S&P 500 Index benchmark’s 12.16%.

Based on dividend-adjusted daily data since Jan 29, 2004, ETG's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, your investment would double in approximately 6.8 years.

Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +19.5%, while the worst month was Sep 2008 at -25.4%. The longest winning streak lasted 15 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ETG closed higher 54% of trading days. The best single day was Mar 25, 2020 with a return of +13.6%, while the worst single day was Mar 12, 2020 at -17.0%.

Eaton Vance Tax Advantaged Global Dividend Income Closed Fund has an annualized alpha of 1.13%, beta of 0.96, and R² of 0.63 versus S&P 500 Index. Calculated based on daily prices since January 30, 2004.

• This fund captured 131.39% of S&P 500 Index gains and 128.09% of its losses — amplifying both gains and losses, but participating more in upside than downside.
• With beta of 0.96 and R² of 0.63, this fund moves broadly in line with S&P 500 Index — much of its variation is explained by market exposure rather than independent behavior.

ETG has a high expense ratio of 2.57%, indicating above-average management fees.

ETG ranks 47 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Eaton Vance Tax Advantaged Global Dividend Income Closed Fund (ETG) and compare them to a chosen benchmark (S&P 500 Index).

Eaton Vance Tax Advantaged Global Dividend Income Closed Fund provided a 7.71% dividend yield over the last twelve months, with an annual payout of $1.55 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Eaton Vance Tax Advantaged Global Dividend Income Closed Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Eaton Vance Tax Advantaged Global Dividend Income Closed 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 Advantaged Global Dividend Income Closed Fund was 74.76%, occurring on Mar 9, 2009. Recovery took 1208 trading sessions.

The current Eaton Vance Tax Advantaged Global Dividend Income Closed Fund drawdown is 13.77%.

The chart below shows the rolling one-month volatility.