Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) Declares $0.15 Monthly Dividend

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.1523 per share on Monday, August 31st. This represents a c) dividend on an annualized basis and a yield of 8.5%. The ex-dividend date of this dividend is Friday, August 14th.

Eaton Vance Enhanced Equity Income Fund II Trading Up 1.6%

EOS stock opened at $21.62 on Tuesday. The business has a 50-day simple moving average of $21.96 and a two-hundred day simple moving average of $21.90. Eaton Vance Enhanced Equity Income Fund II has a 52-week low of $19.44 and a 52-week high of $24.49.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Bank of America Corp DE grew its holdings in Eaton Vance Enhanced Equity Income Fund II by 0.6% during the second quarter. Bank of America Corp DE now owns 1,378,577 shares of the company’s stock worth $33,375,000 after buying an additional 8,681 shares in the last quarter. Guggenheim Capital LLC lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 3.7% during the 4th quarter. Guggenheim Capital LLC now owns 791,908 shares of the company’s stock valued at $18,539,000 after acquiring an additional 28,169 shares in the last quarter. Invesco Ltd. boosted its holdings in Eaton Vance Enhanced Equity Income Fund II by 27.9% during the 4th quarter. Invesco Ltd. now owns 728,817 shares of the company’s stock worth $17,062,000 after acquiring an additional 159,111 shares during the last quarter. Wells Fargo & Company MN boosted its holdings in Eaton Vance Enhanced Equity Income Fund II by 5.1% during the 4th quarter. Wells Fargo & Company MN now owns 719,341 shares of the company’s stock worth $16,840,000 after acquiring an additional 35,033 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its holdings in Eaton Vance Enhanced Equity Income Fund II by 2.9% during the 3rd quarter. Raymond James Financial Inc. now owns 670,344 shares of the company’s stock worth $16,041,000 after acquiring an additional 18,692 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund II Company Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.