Boston, Nov. 28, 2025 – Eaton Vance announced today the estimated sources of the November 2025 distributions for its suite of closed-end funds, in accordance with each Fund’s managed distribution plan and SEC exemptive orders. Shareholders are reminded that these distributions are estimates and may include a return of capital. The actual tax character of distributions will be determined at the end of the fiscal year and reported on Form 1099-DIV.

Key Fund Highlights – November Distributions:

1. Eaton Vance Enhanced Equity Income Fund (EOI)
   • Distribution: $0.1338 per share
   • Source: 100% long-term capital gains, 0% return of capital
   • 5-Year Average Annual Total Return: 15.54%
   • Annualized Distribution Rate (NAV): 7.57%
2. Eaton Vance Enhanced Equity Income Fund II (EOS)
   • Distribution: $0.1523 per share
   • Source: 100% long-term capital gains
   • 5-Year Average Annual Total Return: 14.80%
   • Annualized Distribution Rate (NAV): 7.28%
3. Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ)
   • Distribution: $0.0651 per share
   • Source: 56.9% long-term capital gains, 43.1% return of capital
   • 5-Year Average Annual Total Return: 9.97%
   • Annualized Distribution Rate (NAV): 8.01%
4. Eaton Vance Tax-Advantaged Dividend Income Fund (EVT)
   • Distribution: $0.1646 per share
   • Source: 83.4% long-term capital gains, 15.9% net investment income
   • 5-Year Average Annual Total Return: 13.43%
   • Annualized Distribution Rate (NAV): 7.36%
5. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO)
   • Distribution: $0.1733 per share
   • Source: 86.9% long-term capital gains, 12.5% net investment income
   • 5-Year Average Annual Total Return: 15.10%
   • Annualized Distribution Rate (NAV): 6.70%
6. Eaton Vance Tax-Managed Buy-Write Income Fund (ETB)
   • Distribution: $0.1058 per share
   • Source: 98.4% long-term capital gains, 1.6% net investment income
   • 5-Year Average Annual Total Return: 13.38%
   • Annualized Distribution Rate (NAV): 7.80%
7. Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)
   • Distribution: $0.0993 per share
   • Source: 100% long-term capital gains
   • 5-Year Average Annual Total Return: 12.95%
   • Annualized Distribution Rate (NAV): 7.67%
8. Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY)
   • Distribution: $0.0992 per share
   • Source: 59.1% long-term capital gains, 40.9% short-term capital gains
   • 5-Year Average Annual Total Return: 15.22%
   • Annualized Distribution Rate (NAV): 7.61%
9. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW)
   • Distribution: $0.0664 per share
   • Source: 62.7% long-term capital gains, 23.8% net investment income, 13.5% return of capital
   • 5-Year Average Annual Total Return: 11.26%
   • Annualized Distribution Rate (NAV): 7.90%
10. Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG)
    • Distribution: $0.1293 per share
    • Source: 57% return of capital, 39.7% long-term capital gains
    • 5-Year Average Annual Total Return: 16.01%
    • Annualized Distribution Rate (NAV): 6.68%
11. Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)
    • Distribution: $0.0657 per share
    • Source: 73.5% long-term capital gains, 20.2% short-term capital gains, 6.3% net investment income
    • 5-Year Average Annual Total Return: 13.37%
    • Annualized Distribution Rate (NAV): 8.06%

Important Investor Notes:

• Portions of these distributions may constitute a return of capital, which does not necessarily reflect the Fund’s investment performance.
• Distribution estimates are not determinative for tax purposes; the final characterization will be reflected on Form 1099-DIV.
• Distribution amounts may change due to market conditions or other factors.

These distributions reflect Eaton Vance’s ongoing commitment to provide monthly income to shareholders while managing fund performance across diversified equity and dividend-focused strategies.