In plain terms — Eaton Vance Tax-Advantaged Global Dividend Income Fund
Shares currently cost about 11.6% less than the value of the assets behind them (a discount).
Over the past year it has averaged a 8.0% discount, so today's level is somewhat wide for this fund (Z-score -1.4). That describes the past; it does not predict where the discount goes next.
It pays regular distributions worth about 6.7% a year of the share price (5.9% of the assets). That is a payout rate, not a return: part of it may be capital being handed back.
Because the shares trade below the value of their assets, each dollar of reinvested distributions buys about $1.13 of assets — a ReinvestCapture™ rate of 7.6%, more than the payout rate itself. That is buying power, not a return.
The assets themselves grew 23.2% over the past year including distributions (NAV total return).
Guided view hides the statistical panels. Switch to Expert view in the grey bar to see them. Nothing here is advice.
Price and NAV, past year
Snapshot
Valuation vs. history
| Window | Average prem/disc | Std. dev. | Z-score | Observations |
|---|---|---|---|---|
| 3 months | -9.89% | 0.79% | -1.54 | 55 |
| 6 months | -9.79% | 0.74% | -1.77 | 107 |
| 1 year | -8.00% | 2.28% | -1.36 | 208 |
| 3 years | -8.88% | — | — | — |
| 5 years | -7.32% | — | — | — |
Current contemporaneous premium/discount -11.10% (close Oct 14, 2026 vs NAV Oct 13, 2026). 1-year range -11.54% to -2.78%. A negative Z-score means a wider discount than the window average — not that the fund is undervalued.
Performance
| Series | 1M | 3M | YTD | 1Y | 3Y (ann.) | 5Y (ann.) |
|---|---|---|---|---|---|---|
| Market price return | -1.21% | -2.18% | -0.78% | +7.66% | +14.26% | +1.12% |
| Market price total return | -0.65% | -0.56% | +4.40% | +15.31% | +23.20% | +9.23% |
| NAV return | +0.62% | +1.63% | +9.97% | +15.62% | +14.16% | +3.44% |
| NAV total return | +1.12% | +3.15% | +15.21% | +23.19% | +22.30% | +11.11% |
Through Oct 14, 2026. Total return reinvests distributions at the series value on the ex-date. Cumulative ≤ 1 year, annualised beyond.
About the fund
Managed by Eaton Vance Management, the Eaton Vance Tax-Advantaged Global Dividend Income Fund is a closed-end equity mutual fund. This fund allocates capital to publicly traded companies across international markets, specifically seeking to invest in businesses from a diverse range of sectors. A core focus of its strategy is acquiring dividend-paying value stocks, and it relies on fundamental analysis for portfolio selection. The fund's performance is benchmarked against the MSCI World Index. It was established on November 14, 2003, and is based in the United States.
CEF Explorer research page for Eaton Vance Tax-Advantaged Global Dividend Income Fund. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.