The Eaton Vance closed-end funds listed below released today the estimated sources of their October distributions (each a “Fund”). This press release is issued as required by the Funds’ managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the October distribution. It is not determinative of the tax character of a Fund’s distributions for the 2025 calendar year. Shareholders should note that each Fund’s total regular distribution amount is subject to change as a result of market conditions or other factors.

IMPORTANT DISCLOSURE: You should not draw any conclusions about each Fund’s investment performance from the amount of this distribution or from the terms of each Fund's Plan. Each Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur for example, when some or all of the money that you invested in each Fund is paid back to you. A return of capital distribution does not necessarily reflect each Fund’s investment performance and should not be confused with “yield” or “income.” The amounts and sources of distributions reported in this notice are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for accounting and/or tax reporting purposes will depend upon each Fund’s investment experience during the remainder of its fiscal year and October be subject to changes based on tax regulations. Each Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.

The following tables set forth estimates of the sources of each Fund’s October distribution and its cumulative distributions paid for its fiscal year through October 31, 2025, and information relating to each Fund’s performance based on its net asset value (NAV) for certain periods.

Eaton Vance Enhanced Equity Income Fund (NYSE: EOI)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1338

Distribution Frequency:

Monthly

Fiscal Year End:

September

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0815

60.9%

$0.0815

60.9%

Return of Capital or Other Capital Source(s)

$0.0523

39.1%

$0.0523

39.1%

Total per common share

$0.1338

100.00%

$0.1338

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

14.55%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.62%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

12.55%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

7.62%

Eaton Vance Enhanced Equity Income Fund II (NYSE: EOS)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1523

Distribution Frequency:

Monthly

Fiscal Year End:

December

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.1523

100.00%

$1.5230

100.00%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1523

100.00%

$1.5230

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

13.60%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.47%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

11.47%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

5.60%

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.0651

Distribution Frequency:

Monthly

Fiscal Year End:

December

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0207

31.8%

$0.2344

36.0%

Return of Capital or Other Capital Source(s)

$0.0444

68.2%

$0.4166

64.0%

Total per common share

$0.0651

100.00%

$0.6510

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

9.32%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

8.02%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

6.91%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

6.02%

Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1646

Distribution Frequency:

Monthly

Fiscal Year End:

October

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0168

10.2%

$0.3048

15.4%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.1478

89.8%

$1.6704

84.6%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.1646

100.00%

$1.9752

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

12.94%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.45%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

8.75%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

6.83%

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1733

Distribution Frequency:

Monthly

Fiscal Year End:

October

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.1133

65.4%

$1.1026

53.0%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0600

34.6%

$0.9770

47.0%

Return of Capital or Other Capital Source(s)

$0.0000

0.0%

$0.0000

0.0%

Total per common share

$0.1733

100.00%

$2.0796

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

13.59%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

6.89%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

17.13%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

6.31%

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1058

Distribution Frequency:

Monthly

Fiscal Year End:

December

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0011

1.1%

$0.0328

3.1%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.6919

65.4%

Return of Capital or Other Capital Source(s)

$0.1047

98.9%

$0.3333

31.5%

Total per common share

$0.1058

100.00%

$1.0580

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

12.43%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.91%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

10.01%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

5.93%

Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.0993

Distribution Frequency:

Monthly

Fiscal Year End:

December

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0117

1.2%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0000

0.00%

$0.6359

64.0%

Return of Capital or Other Capital Source(s)

$0.0993

100.00%

$0.3454

34.8%

Total per common share

$0.0993

100.00%

$0.9930

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

12.00%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.82%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

8.70%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

5.87%

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.0992

Distribution Frequency:

Monthly

Fiscal Year End:

October

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0000

0.00%

$0.0000

0.00%

Net Realized Short-Term Capital Gains

$0.0000

0.00%

$0.0000

0.00%

Net Realized Long-Term Capital Gains

$0.0992

100.00%

$1.1904

100.0%

Return of Capital or Other Capital Source(s)

$0.0000

0.00%

$0.0000

0.00%

Total per common share

$0.0992

100.0%

$1.1904

100.0%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

14.31%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.66%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

12.05%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

7.02%

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.0664

Distribution Frequency:

Monthly

Fiscal Year End:

December

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0295

44.4%

$0.1315

19.8%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0369

55.6%

$0.2816

42.4%

Return of Capital or Other Capital Source(s)

$0.0000

0.0%

$0.2510

37.8%

Total per common share

$0.0664

100.00%

$0.6641

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

10.31%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

7.99%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

14.91%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

5.99%

Eaton Vance Tax-Advantaged Global Dividend Income (NYSE: ETG)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.1293

Distribution Frequency:

Monthly

Fiscal Year End:

October

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.1293

100.00%

$1.0030

64.6%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0000

0.0%

$0.5486

35.4%

Return of Capital or Other Capital Source(s)

$0.0000

0.0%

$0.0000

0.0%

Total per common share

$0.1293

100.00%

$1.5516

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

14.39%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

6.88%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

18.26%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

6.30%

Eaton Vance Tax-Managed Global Diversified Equity Income Fund (NYSE: EXG)

Distribution Period:

October- 2025

Distribution Amount per Common Share:

$0.0657

Distribution Frequency:

Monthly

Fiscal Year End:

October

Source

Current Distribution

% of Current Distribution

Cumulative Distributions for the Fiscal Year-to-Date

% of the Cumulative Distributions for the Fiscal Year-to-Date

Net Investment Income

$0.0209

31.8%

$0.1789

22.7%

Net Realized Short-Term Capital Gains

$0.0000

0.0%

$0.0000

0.0%

Net Realized Long-Term Capital Gains

$0.0146

22.2%

$0.4875

61.8%

Return of Capital or Other Capital Source(s)

$0.0302

46.0%

$0.1220

15.5%

Total per common share

$0.0657

100.00%

$0.7884

100.00%

Average annual total return at NAV for the 5-year period ended on September 30, 2025 1

12.14%

Annualized current distribution rate expressed as a percentage of NAV as of September 30, 2025 2

8.23%

Cumulative total return at NAV for the fiscal year through September 30, 2025 3

13.26%

Cumulative fiscal year to date distribution rate as a percentage of NAV as of September 30, 2025 4

7.54%

1 Average annual total return at NAV represents the change in NAV of the Fund, with all distributions reinvested, for the 5-year period ended on September 30, 2025

2 The annualized current distribution rate is the cumulative distribution rate annualized as a percentage of the Fund's NAV as of September 30, 2025

3 Cumulative total return at NAV is the percentage change in the Fund's NAV for the period from the beginning of its fiscal year to September 30, 2025 including distributions paid and assuming reinvestment of those distributions

4 Cumulative fiscal year distribution rate for the period from the beginning of its fiscal year to September 30, 2025 measured on the dollar value of the distributions in year-to-date period as a percentage of the Fund's NAV as of September 30, 2025

View source version on businesswire.com: https://www.businesswire.com/news/home/20251031423997/en/

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