Top 10 Income Funds From Eaton Vance (November Update)

Eaton Vance's top taxable closed-end funds offer attractive yields, discounts to NAV, and strong long-term returns, making them appealing for income-focused investors. Current market volatility has widened discounts to NAV, creating buying opportunities which I highlight in the article. I prioritize funds trading at an 8%+ yield and significant NAV discounts, with a preference for those using tax-advantaged strategies and diversified asset mixes.

Seeking Alpha • Nov 21, 2025

ETO: Global Equities CEF, Strong Distributions, Growing NAV And Price

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities CEF, leaning toward U.S. equities. ETO sports a strong 7.3% distribution yield. Capital gains are generally positive, and NAVs have grown since inception. It generally trades close to NAV, currently with a 8.0% discount to NAV. This seems like a good buying opportunity.

Seeking Alpha • Nov 17, 2025

ETO: Discounted Buy-And-Hold Global Income Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund remains a buy due to its attractive 9% discount to NAV and resilient income strategy. ETO offers a 7.4% monthly dividend yield, strong payout consistency, and exposure to high-quality global equities like MSFT, NVDA, and AAPL. While ETO underperforms traditional ETFs like SPY in long-term capital appreciation, it excels as a stable, income-focused fund for retirees and income investors.

Seeking Alpha • Oct 29, 2025

My Income Portfolio - NAV Never Lies

For those who adopt a dividend strategy, having a “thermometer” with which to measure the real performance of our stocks is an immense advantage. This thermometer is NAV, a simple line on a graph that anyone can observe and understand without the need for calculations or interpretations. If it grows over the years, it means that the security earned its distributions: if it goes down, it means that it paid them at the expense of NAV.

Seeking Alpha • Oct 15, 2025

ETO: Monthly Income From Global Dividends, Trading At A Discount

I rate ETO a Buy for income-focused, long-term investors due to its 7.64% yield, monthly distributions, and global diversification. The fund trades at a -7.53% discount to NAV, offers tax-advantaged dividends, and has a strong 10-year total return of 165%. ETO outperforms peer funds on total return, but investors should consider stock market risk and leverage before investing.

Seeking Alpha • Aug 21, 2025

My 10% Income Portfolio-Protecting The NAV

Caring about dividends can increase our returns, but caring about NAV can save our portfolio. Return and NAV protection must go hand in hand, because there can be no sustainable return without protecting the value of the underlying assets. As far as I am concerned, the way to protect my portfolio is to favor only securities with a positive NAV over time.

Seeking Alpha • Aug 18, 2025

Top 10 Income Funds From Eaton Vance

Eaton Vance's top taxable closed-end funds offer reliable monthly income, strong long-term returns, and are managed by highly skilled teams with proven track records. I prioritize funds trading at a discount to NAV with distribution yields near or above 8%, focusing on both income and capital appreciation potential. For total return, EOS and EOI are top picks; for dividend income, EVT (domestic) and ETG (global) provide diversification and attractive yields.

Seeking Alpha • Jul 29, 2025

ETO: Solid Yield And Well Positioned For The Current Market Conditions

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund offers a high 7.82% yield from a globally diversified, equity-heavy portfolio, with tax-advantaged distributions that help if using a taxable account. The ETO closed-end fund is currently favoring foreign equities, which have outperformed U.S. stocks year-to-date, and benefits from a weak U.S. dollar environment. Equities are probably a better holding than bonds right now, given the market's increasing reluctance to finance developed-market nations.

Seeking Alpha • Jun 17, 2025

3 ‘Secret' Income Plays Throwing Off Huge 7.5%+ Dividend Yields

I'm just going to come out and say it: If you want to be financially independent (and who doesn't?), you must own closed-end funds (CEFs).

Forbes • Jun 14, 2025

My Income Portfolio: In The Garden Of Eden

Total Return can be misleading if not supported by NAV growth, as it may include unsustainable distributions and Return of Capital. Behavioral finance shows markets are irrational, making it crucial to consider practical aspects beyond theoretical Total Return calculations. I believe that NAV performance can affect our discretion in the reinvestment choices for the distributions we receive from our savings much more than Total Return.

Seeking Alpha • May 5, 2025