Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest (NYSE:EXG) traded at a new 52-week high today of $10.01. Approximately 177,000 shares have changed hands today, as compared to an average 30-day volume of 698,000 shares.
Over the past year, Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest has traded in a range of $6.87 to $10.01 and is now at $10.01, 46% above that low.
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.
Potential upside of 0.5% exists for Eaton Vance Tax-Managed Global Diversified Equity Income Fund of Beneficial Interest, based on a current level of $10.01 and analysts' average consensus price target of $10.06.
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