Short Interest in Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) Decreases By 37.2%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE:EXG) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 394,108 shares, a decline of 37.2% from the July 15th total of 627,585 shares. Based on an average daily volume of 383,956 shares, the days-to-cover ratio is currently 1.0 days.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Stock Performance

NYSE:EXG opened at $9.88 on Thursday. The stock’s fifty day moving average is $9.73 and its 200 day moving average is $9.45. Eaton Vance Tax-Managed Global Diversified Equity Income Fund has a fifty-two week low of $8.24 and a fifty-two week high of $10.16.

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Announces Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be given a dividend of $0.0657 per share. The ex-dividend date is Friday, August 14th. This represents a c) dividend on an annualized basis and a yield of 8.0%.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Several hedge funds and other institutional investors have recently made changes to their positions in EXG. Benjamin Edwards Inc. lifted its holdings in shares of Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 5.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 33,937 shares of the financial services provider’s stock worth $333,000 after acquiring an additional 1,784 shares during the last quarter. HUB Investment Partners LLC bought a new position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund during the 2nd quarter valued at about $185,000. Sharpepoint LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter worth about $3,246,000. TCFG Investment Advisors LLC purchased a new stake in Eaton Vance Tax-Managed Global Diversified Equity Income Fund in the 2nd quarter worth about $232,000. Finally, Independent Financial Group LLC raised its position in Eaton Vance Tax-Managed Global Diversified Equity Income Fund by 14.5% in the 2nd quarter. Independent Financial Group LLC now owns 48,182 shares of the financial services provider’s stock worth $473,000 after purchasing an additional 6,089 shares during the period.

About Eaton Vance Tax-Managed Global Diversified Equity Income Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG) is a closed-end management investment company that seeks to provide a high level of after-tax income and capital appreciation. The fund pursues its objectives by investing primarily in a diversified portfolio of dividend-paying equity securities across global developed and emerging markets. Portfolio construction emphasizes companies with sustainable dividend track records and the potential for long-term growth, while incorporating active risk management techniques.

The fund’s investment strategy blends bottom-up fundamental research with sector and country allocation decisions designed to capture attractive income opportunities around the world.