Coming Up

Tweet TWEET

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report Of Earnings

   Eaton Vance Tax-Managed Global Diversified Equity Income Fund Report Of
                                   Earnings

PR Newswire

BOSTON, Jan. 10, 2013

BOSTON, Jan. 10, 2013 /PRNewswire/ --Eaton Vance Tax-Managed Global
Diversified Equity Income Fund (NYSE: EXG), a closed-end management investment
company, today announced the earnings of the Fund for the three months and
year ended October 31, 2012. The Fund's fiscal year ended on October 31, 2012.

For the three months ended October 31, 2012, the Fund had net investment
income of $8,282,299 ($0.027 per share). For the year ended October 31, 2012,
the Fund had net investment income of $58,941,267 ($0.193 per share). In
comparison, for the three months ended October 31, 2011, the Fund had net
investment income of $6,344,317 ($0.021 per share). For the year ended October
31, 2011, the Fund had net investment income of $58,597,493 ($0.192 per
share).

Net realized and unrealized gains for the three months ended October 31, 2012
were $146,234,136 ($0.482 per share). Net realized and unrealized gains for
the year ended October 31, 2012 were $265,060,798 ($0.871 per share). In
comparison, net realized and unrealized losses for the three months ended
October 31, 2011 were $256,409,884 ($0.839 per share). Net realized and
unrealized losses for the year ended October 31, 2011 were $105,999,460
($0.347 per share).

On October 31, 2012, net assets of the Fund were $3,100,272,784. The net asset
value per share on October 31, 2012 was $10.24 based on 302,798,210 shares
outstanding. In comparison, on October 31, 2011, net assets of the Fund were
$3,122,464,341. The net asset value per share on October 31, 2011 was $10.22
based on 305,443,010 shares outstanding.

The Fund periodically makes certain performance data and information about
portfolio characteristics available on www.eatonvance.com (on the fund
information page under "Individual Investors – Closed-End Funds"). Fund
portfolio holdings for the most recent month-end are also posted to the
website approximately 30 days following month-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance
Corp. (NYSE: EV), based in Boston, one of the oldest investment management
firms in the United States, with a history dating back to 1924. Eaton Vance
and its affiliates managed $199.5 billion in assets as of October 31, 2012,
offering individuals and institutions a broad array of investment strategies
and wealth management solutions. The Company's long record of providing
exemplary service and attractive returns through a variety of market
conditions has made Eaton Vance the investment manager of choice for many of
today's most discerning investors. For more information about Eaton Vance,
visit www.eatonvance.com.

EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED EQUITY INCOME FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                             Three Months Ended      Year Ended
                             October 31,             October 31,
                             2012       2011         2012         2011
Gross investment             $      $        $         $     
income                        16,473   14,468       91,376      94,394
Operating expenses           (8,191)    (8,124)      (32,435)     (35,797)
        Net investment       $      $       $         $     
        income                 8,282  6,344        58,941      58,597
Net realized and
unrealized gains (losses)
 on investments             $      $          $          $   
                             146,234    (256,410)    265,061     (105,999)
        Net increase
        (decrease) in net
        assets
         from               $      $          $          $    
        operations           154,516    (250,066)    324,002     (47,402)
Earnings per Share
Outstanding
Gross investment             $      $       $       $     
income                         0.054  0.047        0.299         0.309
Operating expenses           (0.027)    (0.026)      (0.106)      (0.117)
        Net investment       $      $       $       $     
        income                0.027  0.021        0.193         0.192
Net realized and
unrealized gains (losses)
 on investments             $      $        $       $     
                               0.482  (0.839)     0.871        (0.347)
        Net increase
        (decrease) in net
        assets
         from               $      $        $       $     
        operations             0.509  (0.818)     1.064        (0.155)
Net Asset Value at
October 31
        Net assets                                 $           $  
                                                     3,100,273    3,122,464
        Shares                                       302,798      305,443
        outstanding
        Net asset value per                          $       $     
        share outstanding                            10.24         10.22
Market Value Summary
        Market price on NYSE                         $       $     
        at October 31                                 8.92         8.65
        High market price                            $       $     
        (period ended                                 9.32        11.55
        October 31)
        Low market price                             $       $     
        (period ended                                 7.81         7.72
        October 31)



SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor, +1-800-262-1122