- ISIN
- US27829F1084
- CUSIP
- 27829F108
- Issuer
- Eaton Vance
- Inception Date
- Feb 27, 2007
- Category
- Dividend, Global Equity Income
- Min. Investment
- $0
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
EXG Performance Chart
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) is up 4.5% since the beginning of the year. EXG is currently trading at $10 per share. Investors who bought $1,000 worth of EXG shares 5 years ago would now be looking at an investment worth $1,476.
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Returns By Period
Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) has returned 4.49% so far this year and 22.82% over the past 12 months. Over the last ten years, EXG has returned 11.03% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
- 1D
- -0.52%
- 1M
- 2.73%
- YTD
- 4.49%
- 6M
- 6.62%
- 1Y
- 22.82%
- 3Y*
- 16.76%
- 5Y*
- 8.10%
- 10Y*
- 11.03%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
EXG Monthly Returns History
Based on dividend-adjusted daily data since Apr 23, 2007, EXG's average daily return is +0.04%, while the average monthly return is +0.71%. At this rate, an investment would double in approximately 8.2 years.
Historically, 63% of months were positive and 37% were negative. The best month was Nov 2020 with a return of +17.4%, while the worst month was Sep 2008 at -19.6%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, EXG closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +17.2%, while the worst single day was Nov 20, 2008 at -14.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.37% | 0.38% | -9.69% | 9.31% | 2.41% | 0.58% | 4.49% | ||||||
| 2025 | 4.75% | -0.65% | -1.95% | 0.11% | 7.14% | 2.64% | 0.75% | 2.82% | 2.65% | 2.39% | 1.37% | 3.09% | 27.79% |
| 2024 | 0.98% | 3.05% | 3.74% | -1.13% | 4.19% | 2.98% | 0.89% | 1.38% | 3.26% | -4.20% | 2.61% | -2.42% | 16.04% |
| 2023 | 6.04% | -3.47% | 3.26% | 0.71% | 0.06% | 2.77% | 2.60% | -2.40% | -5.07% | -4.70% | 11.14% | 1.12% | 11.46% |
| 2022 | -5.65% | -6.33% | 5.16% | -7.56% | -1.99% | -10.18% | 12.60% | 0.92% | -15.15% | 8.60% | 3.29% | -4.94% | -22.24% |
| 2021 | -0.69% | 3.13% | 5.66% | 4.11% | 6.27% | 1.01% | 0.51% | 6.18% | -6.46% | 6.70% | -3.90% | 6.25% | 31.53% |
Benchmark Metrics
Eaton Vance Tax-Managed Global Diversified Equity Income Fund has an annualized alpha of -0.22%, beta of 0.93, and R2 of 0.66 versus S&P 500 Index. Calculated based on daily prices since April 23, 2007.
- This fund participated in 105.85% of S&P 500 Index downside but only 98.57% of its upside - more exposed to losses than it benefited from rallies.
- With beta of 0.93 and R2 of 0.66, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- -0.22%
- Beta
- 0.93
- R²
- 0.66
- Upside Capture
- 98.57%
- Downside Capture
- 105.85%
Expense Ratio
EXG has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
EXG ranks 33 for risk / return — below 33% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| EXG | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.39 | ||
| Sortino ratioReturn per unit of downside risk | -0.39 | ||
| Omega ratioGain probability vs. loss probability | 1.29 | 1.37 | -0.07 |
| Calmar ratioReturn relative to maximum drawdown | 1.61 | 2.78 | -1.18 |
| Martin ratioReturn relative to average drawdown | 7.32 | 12.44 | -5.11 |
Dividends
Dividend History
Eaton Vance Tax-Managed Global Diversified Equity Income Fund provided a 8.26% dividend yield over the last twelve months, with an annual payout of $0.79 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.79 | $0.79 | $0.76 | $0.66 | $0.80 | $0.78 | $0.74 | $0.74 | $0.91 | $0.92 | $0.98 | $0.98 |
Dividend yield | 8.26% | 8.27% | 9.27% | 8.60% | 10.59% | 7.27% | 8.43% | 8.42% | 12.23% | 9.84% | 12.16% | 11.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Eaton Vance Tax-Managed Global Diversified Equity 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.39 | ||||||
| 2025 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.79 |
| 2024 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.76 |
| 2023 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.66 |
| 2022 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.06 | $0.80 |
| 2021 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.78 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Eaton Vance Tax-Managed Global Diversified Equity 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 Diversified Equity Income Fund was 58.45%, occurring on Nov 20, 2008. Recovery took 1055 trading sessions.
The current Eaton Vance Tax-Managed Global Diversified Equity Income Fund drawdown is 0.62%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -58.45%Nov 2008 | 1y 6mo | 4y 2mo | 5y 8moMay 2007 - Feb 2013 |
COVID crash2020 | -45.36%Mar 2020 | 1mo 9d | 8mo 16d | 9mo 25dFeb 2020 - Dec 2020 |
Bear market2022 | -27.82%Sep 2022 | 8mo 25d | 1y 9mo | 2y 6moJan 2022 - Jul 2024 |
Rate-hike selloffLate 2018 | -24.68%Dec 2018 | 3mo 12d | 11mo | 1y 2moSep 2018 - Nov 2019 |
2016 bear market2016 | -20.17%Feb 2016 | 6mo 24d | 6mo 8d | 1y 27dJul 2015 - Aug 2016 |
Drawdown Indicators
| EXG | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -58.45% | -56.78% | -1.67% |
Max Drawdown (1Y)Largest decline over 1 year | -14.28% | -9.10% | -5.18% |
Max Drawdown (3Y)Largest decline over 3 years | -15.12% | -18.90% | +3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -27.82% | -25.43% | -2.39% |
Max Drawdown (10Y)Largest decline over 10 years | -45.36% | -33.92% | -11.44% |
Current DrawdownCurrent decline from peak | -0.62% | -1.80% | +1.18% |
Average DrawdownAverage peak-to-trough decline | -9.59% | -10.71% | +1.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.12% | 2.03% | +1.09% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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