Eaton Vance Tax-Managed Global Fund (EXG)

Eaton Vance Tax-Managed Global Fund (EXG) is an actively managed closed end fund. This stock fund objective is to seek current income with capital appreciation through investment in global common stock and through utilizing an options strategy. The current common shares outstanding are about 300 million shares.

EXG Fund Profile

    Eaton Vance Tax-Managed Global Fund (EXG)
  • Fund Inception Date: 02/23/2007
  • Ticker Symbol: EXG
  • CUSIP: 27829F108
  • Rank in category (YTD): 59%
  • Category: US Equity-Covered Call
  • Distribution Rate: 9.45%
  • Effective Leverage: -
  • Capital Gains: -
  • Base Expense Ratio: 1.01%
  • Net Assets: $ 3.23 billion
  • Annual Turnover Rate: 163%
This largest closed end fund has a high dividend yield of 9.45%. The fund managers are Michael A. Allison and Walter A. Row III. Its net asset value (NAV) price is $10.86 per share. The market price is trading at 5.06% discount to its NAV. The expense ratio fee is 1.06% per year.

Eaton Vance Tax-Managed Global Fund Performance

Morningstar has ranked this Eaton Vance Tax-Managed Global Fund with 3 stars and neutral rating. In 2014, the year-to-date return is 10.74%. This world stock fund has returned 17.24% over the past 1 year, 18.13% over the past 3 year, and 7.84% over the past 5 years.

Fund Performance:
  • Year 2013: 25.65%
  • Year 2012: 19.95%
  • Year 2011: -11.57%
  • Year 2010: -1.96%

EXG Fund Holdings

This EV fund has 128 stocks in its portfolio. The annual portfolio turnover rate is 163%. The top 5 stocks in its holdings are Google Inc (GOOGL), Vodafone Group Plc (VOD), Discover Financial Services (DFS), Apple Inc (APPL), and CH Robinson Worldwide Inc (CHRW). Top 3 equity regions are North America (54%), European developed (36%), and Asia including Japa (9.2%).

More: Best Closed End Funds

Good and Bad of Eaton Vance Fund

  • This Eaton Vance Tax-Managed Global Fund has high yield. It is suitable for income seeker.
  • There is no leverage being used.
  • Performance has been ok.


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