Shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest (NYSE:EXG) traded today at $9.84, eclipsing its 52-week high. So far today approximately 552,000 shares have been exchanged, as compared to an average 30-day volume of 663,000 shares.
Eaton Vance Tax-Mgd Glbl Div Eq Inc is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. It invests in a diversified portfolio of domestic and foreign common stocks with an emphasis on dividend-paying stocks and writes call options on one or more U.S. and foreign indices with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. Its portfolio of investments consists of the capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, and consumable fuels, and other sectors.
In the past 52 weeks, Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest share prices are bracketed by a low of $6.52 and a high of $9.84 and is now at $9.83, 51% above that low price.
Based on a current price of $9.83, Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest is currently 0.8% above its average consensus analyst price target of $9.75.
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