Eaton Vance Tax-Advantaged Dividend Income Fund Report of Earnings
26 January 2007 - 5:50AM
Business Wire
Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT), a
closed-end management investment company, today announced the
earnings of the Fund for the three months ended November 30, 2006.
The Fund�s fiscal year ends on August 31, 2007. For the three
months ended November 30, 2006, the Fund had net investment income
of $19,962,759 ($0.274 per common share). From this amount, the
Fund paid dividends on preferred shares of $7,890,719 (equal to
$0.108 for each common share), resulting in net investment income
after the preferred dividends of $12,072,040 or $0.166 per common
share. In comparison, for the three months ended November 30, 2005,
the Fund had net investment income of $26,917,326 ($0.370 per
common share). From this amount, the Fund paid dividends on
preferred shares of $6,294,614 (equal to $0.086 for each common
share), resulting in net investment income after the preferred
dividends of $20,622,712 or $0.284 per common share. Net realized
and unrealized gains for the three months ended November 30, 2006
were $167,686,781 ($2.302 per common share) In comparison, net
realized and unrealized losses for the three months ended November
30, 2005 were $25,767,467 ($0.354 per common share). On November
30, 2006, net assets applicable to common shares of the Fund were
$2,110,902,222. The net asset value per common share on November
30, 2006 was $28.98 based on 72,835,900 common shares outstanding.
In comparison, on November 30, 2005, net assets of the Fund were
$1,779,073,217. The net asset value per common share on November
30, 2005 was $24.43 based on 72,835,900 common shares outstanding.
The Fund is managed by Eaton Vance Management, a subsidiary of
Eaton Vance Corp., which is listed on the New York Stock Exchange
under the symbol EV. Eaton Vance and its affiliates had
approximately $133.1 billion in assets under management as of
December 31, 2006. Eaton Vance Management will make available
periodic summary information regarding portfolio investments. Those
interested should call Eaton Vance Marketing at (800) 262-1122.
EATON VANCE TAX-ADVANTAGED DIVIDEND INCOME FUND SUMMARY OF RESULTS
OF OPERATIONS (in thousands, except per share amounts) � Three
Months Ended Three Months Ended November 30, November 30, 2006�
2005� Gross investment income $25,026� $31,535� Operating expenses
5,063� 4,618� Net investment income $19,963� $26,917� Net realized
and unrealized gains (losses) on investments $167,687� ($25,767)
Preferred dividends paid (7,891) (6,295) Net increase (decrease) in
net assets from operations $179,759� ($5,145) � Earnings per Common
Share Outstanding Gross investment income $0.344� $0.433� Operating
expenses 0.070� 0.063� Net investment income $0.274� $0.370� Net
realized and unrealized gains (losses) on investments $2.302�
($0.354) Preferred dividends paid (0.108) (0.086) Net increase
(decrease) in net assets from operations $2.468� $0.070� � Net
investment income $0.274� $0.370� Preferred dividends paid (0.108)
(0.086) Net investment income after preferred dividends $0.166�
$0.284� � � Net Asset Value at November 30 (Common Shares) Net
assets (000) $2,110,902� $1,779,073� Shares outstanding (000)
72,836� 72,836� Net asset value per share outstanding $28.98�
$24.43� � Market Value Summary (Common Shares) Market price on NYSE
at November 30 $26.57� $21.89� High market price (three months
ended November 30) $26.57� $22.35� Low market price (three months
ended November 30) $24.84� $20.56�
Eaton Vance Tax Advantag... (NYSE:EVT)
Historical Stock Chart
From Jun 2024 to Jul 2024
Eaton Vance Tax Advantag... (NYSE:EVT)
Historical Stock Chart
From Jul 2023 to Jul 2024