Eaton Vance Tax-Advantaged Dividend Income Fund Report Of Earnings

      Eaton Vance Tax-Advantaged Dividend Income Fund Report Of Earnings

PR Newswire

BOSTON, May 16, 2013

BOSTON, May 16, 2013 /PRNewswire/ -- Eaton Vance Tax-Advantaged Dividend
Income Fund (NYSE: EVT), a diversified closed-end management investment
company, today announced the earnings of the Fund for the three months and the
six months ended February 28, 2013. The Fund's fiscal year ends on August 31,
2013.

For the three months ended February 28, 2013, the Fund had net investment
income of $21,761,862 ($0.299 per share). For the six months ended February
28, 2013, the Fund had net investment income of $39,384,831 ($0.541 per
share). In comparison, for the three months ended February 29, 2012, the Fund
had net investment income of $17,818,989 ($0.245 per share). For the six
months ended February 29, 2012, the Fund had net investment income of
$32,309,069 ($0.444 per share).

Net realized and unrealized gains for the three months ended February 28, 2013
were $76,938,933 ($1.054 per share) and net realized and unrealized gains for
the six months ended February 28, 2013 were $90,747,312 ($1.244 per share). In
comparison, net realized and unrealized gains for the three months ended
February 29, 2012 were $116,953,293 ($1.610 per share) and net realized and
unrealized gains for the six months ended February 29, 2012 were $116,322,636
($1.601 per share).

On February 28, 2013, net assets of the Fund were $1,415,779,840. The net
asset value per share on February 28, 2013 was $19.44 based on 72,835,900
shares outstanding. In comparison, on February 29, 2012, net assets of the
Fund were $1,323,839,579. The net asset value per share on February 29, 2012
was $18.18 based on 72,835,900 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 $260.3 billion in assets as of April 30, 2013
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-ADVANTAGED DIVIDEND INCOME FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                              Three Months Ended    Six Months Ended
                              February   February   February     February
                              28,        29,        28,          29,
                              2013       2012       2013         2012
Gross investment income       $      $      $        $    
                              27,034    23,186    49,998      42,655
Operating expenses            (4,138)    (3,869)    (8,208)      (7,494)
Interest expense              (1,134)    (1,498)    (2,405)      (2,852)
        Net investment        $      $      $        $    
        income                21,762    17,819    39,385      32,309
Net realized and unrealized
gains (losses)
 on investments              $      $       $        $   
                              76,939    116,954   90,747      116,323
        Net increase
        (decrease) in net
        assets
         from                $      $       $         $   
        operations            98,701    134,773   130,132     148,632
Earnings per Share
Outstanding
Gross investment income       $      $      $       $     
                               0.371    0.318   0.686       0.586
Operating expenses            (0.056)    (0.053)    (0.112)      (0.103)
Interest expense              (0.016)    (0.020)    (0.033)      (0.039)
        Net investment        $      $      $       $     
        income                0.299    0.245   0.541       0.444
Net realized and unrealized
gains (losses)
 on investments              $      $      $       $     
                               1.054    1.610   1.244       1.601
        Net increase
        (decrease) in net
        assets
         from                $      $      $       $     
        operations             1.353    1.855   1.785       2.045
Net Asset Value at
February 28/29
        Net assets                                $           $ 
                                                    1,415,780   1,323,840
        Shares                                      72,836       72,836
        outstanding
        Net asset value per                         $       $     
        share outstanding                           19.44       18.18
Market Value Summary
        Market price on NYSE                        $       $     
        at February 28/29                           18.40       16.36
        High market price (period ended             $       $     
        February 28/29)                             18.46       16.50
        Low market price (period ended              $       $     
        February 28/29)                             15.96       13.19







SOURCE Eaton Vance Management

Website: http://www.eatonvance.com/
Contact: Investor Contact: (800) 262-1122
 
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