Eaton Vance Tax-Advantaged Dividend Income Fund Report Of Earnings

      Eaton Vance Tax-Advantaged Dividend Income Fund Report Of Earnings

PR Newswire

BOSTON, Dec. 6, 2013

BOSTON, Dec. 6, 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
year ended August 31, 2013. The Fund's fiscal year ended on August 31, 2013.

For the three months ended August 31, 2013, the Fund had net investment income
of $18,566,135 ($0.255 per share). For the year ended August 31, 2013, the
Fund had net investment income of $101,201,402 ($1.389 per share). In
comparison, for the three months ended August 31, 2012, the Fund had net
investment income of $18,855,650 ($0.259 per share). For the year ended August
31, 2012, the Fund had net investment income of $87,523,920 ($1.202 per
share).

Net realized and unrealized losses for the three months ended August 31, 2013
were $59,873,429 ($0.821 per share) and net realized and unrealized gains for
the year ended August 31, 2013 were $80,144,977 ($1.101 per share). In
comparison, net realized and unrealized gains for the three months ended
August 31, 2012 were $102,224,690 ($1.407 per share) and net realized and
unrealized gains for the year ended August 31, 2012 were $116,874,213 ($1.608
per share).

On August 31, 2013, net assets of the Fund were $1,420,014,921. The net asset
value per share on August 31, 2013 was $19.50 based on 72,835,900 shares
outstanding. In comparison, on August 31, 2012, net assets of the Fund were
$1,332,626,852. The net asset value per share on August 31, 2012 was $18.30
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 $280.7 billion in assets as of October 31, 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     Year Ended
                              August 31,  August     August 31,   August 31,
                                          31,
                              2013        2012       2013         2012
Gross investment income       $       $      $           $   
                              23,839     20,377    122,284     108,777
Operating expenses            (4,371)     (112)      (16,862)     (15,563)
Interest expense              (902)       (1,409)    (4,221)      (5,690)
        Net investment        $       $      $           $    
        income                18,566     18,856    101,201     87,524
Net realized and unrealized
gains (losses)
 on investments              $        $       $          $   
                              (59,873)   102,224   80,145      116,874
        Net increase
        (decrease) in net
        assets
         from                $        $       $           $   
        operations            (41,307)   121,080   181,346     204,398
Earnings per Share
Outstanding
Gross investment income       $       $      $        $    
                               0.327     0.279   1.679         1.493
Operating expenses            (0.060)     (0.001)    (0.232)      (0.213)
Interest expense              (0.012)     (0.019)    (0.058)      (0.078)
        Net investment        $       $      $        $    
        income                0.255     0.259   1.389         1.202
Net realized and unrealized
gains (losses)
 on investments              $       $      $        $    
                               (0.821)    1.407   1.101         1.608
        Net increase
        (decrease) in net
        assets
         from                $       $      $        $    
        operations             (0.566)    1.666   2.490         2.810
Net Asset Value at
August 31
        Net assets                                 $            $  
                                                     1,420,015   1,332,627
        Shares                                       72,836       72,836
        outstanding
        Net asset value per                          $        $    
        share outstanding                            19.50         18.30
Market Value Summary
        Market price on NYSE                         $        $    
        at August 31                                 17.63         16.60
        High market price                            $        $    
        (period ended August                         20.16         16.97
        31)
        Low market price                             $        $    
        (period ended August                         15.96         13.19
        31)

SOURCE Eaton Vance Management

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