Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Sees Significant Decrease in Short Interest

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the recipient of a large decline in short interest in January. As of January 30th, there was short interest totaling 481,437 shares, a decline of 48.8% from the January 15th total of 939,910 shares. Based on an average daily volume of 592,943 shares, the short-interest ratio is currently 0.8 days. Based on an average daily volume of 592,943 shares, the short-interest ratio is currently 0.8 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Trading Down 0.1%

Shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund stock traded down $0.01 during trading on Friday, hitting $9.63. The stock had a trading volume of 413,593 shares, compared to its average volume of 538,253. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a 12 month low of $6.74 and a 12 month high of $9.78. The business’s 50-day moving average is $9.52 and its 200 day moving average is $9.20.

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

The business also recently announced a monthly dividend, which will be paid on Friday, February 27th. Investors of record on Tuesday, February 17th will be paid a $0.0657 dividend. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date of this dividend is Tuesday, February 17th.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

A number of institutional investors have recently made changes to their positions in EXG. IFP Advisors Inc lifted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 74.8% during the 2nd quarter. IFP Advisors Inc now owns 2,971 shares of the financial services provider’s stock worth $26,000 after acquiring an additional 1,271 shares during the last quarter. Jessup Wealth Management Inc bought a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the fourth quarter worth about $27,000. First Horizon Corp bought a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the fourth quarter worth about $28,000. Geneos Wealth Management Inc. boosted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 53.9% in the 3rd quarter. Geneos Wealth Management Inc. now owns 3,622 shares of the financial services provider’s stock worth $33,000 after purchasing an additional 1,269 shares in the last quarter. Finally, Advisory Services Network LLC bought a new position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 3rd quarter valued at about $35,000.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

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.