Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG – Get Free Report) saw a significant decrease in short interest in July. As of July 31st, there was short interest totaling 394,108 shares, a decrease of 37.2% from the July 15th total of 627,585 shares. Based on an average daily volume of 383,956 shares, the short-interest ratio is currently 1.0 days.
Hedge Funds Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund
Several institutional investors have recently modified their holdings of the stock. Morgan Stanley increased its stake in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.8% in the 4th quarter. Morgan Stanley now owns 24,202,274 shares of the financial services provider’s stock valued at $230,648,000 after acquiring an additional 194,662 shares during the last quarter. Invesco Ltd. raised its position in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 0.9% in the 3rd quarter. Invesco Ltd. now owns 3,954,370 shares of the financial services provider’s stock valued at $35,985,000 after acquiring an additional 34,049 shares during the period. LPL Financial LLC boosted its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 2.0% during the 4th quarter. LPL Financial LLC now owns 3,765,738 shares of the financial services provider’s stock worth $35,887,000 after acquiring an additional 73,580 shares during the last quarter. Bank of America Corp DE boosted its stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 1.6% during the 2nd quarter. Bank of America Corp DE now owns 2,700,110 shares of the financial services provider’s stock worth $23,626,000 after acquiring an additional 43,437 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 3.1% during the second quarter. Raymond James Financial Inc. now owns 2,307,951 shares of the financial services provider’s stock valued at $20,195,000 after purchasing an additional 69,927 shares during the period.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Down 1.5%
NYSE:EXG traded down $0.15 during trading hours on Tuesday, hitting $9.85. 607,886 shares of the stock were exchanged, compared to its average volume of 493,844. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a twelve month low of $8.24 and a twelve month high of $10.16. The company’s 50 day moving average is $9.71 and its two-hundred day moving average is $9.45.
Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend
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.
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