Eaton Vance Enhanced Equity Income Fund II November 2009 Distribution
November 30 2009 - 5:16PM
PR Newswire (US)
BOSTON, Nov. 30 /PRNewswire-FirstCall/ -- Eaton Vance Enhanced
Equity Income Fund II (NYSE:EOS) today announced important
information concerning its distribution declared in November 2009.
This press release is issued as required by the Fund's 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 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 November distribution. It is not determinative of the tax
character of the Fund's distributions for the 2009 calendar year.
Shareholders should note that the Fund's total regular distribution
amount is subject to change as a result of market conditions or
other factors. The amounts and sources of distributions reported in
this notice are estimates, are not being provided for tax reporting
purposes and the distribution may later be determined to be from
other sources including realized short-term gains, long-term gains,
to the extent permitted by law, and return of capital. The actual
amounts and sources for tax reporting purposes will depend upon the
Fund's investment experience during the remainder of its fiscal
year and may be subject to changes based on tax regulations. The
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. Distribution Period: November 2009 Distribution Amount
per Common Share: $0.144 The following table sets forth an estimate
of the sources of the Fund's November distribution and its
cumulative distributions paid this fiscal year to date. Amounts are
expressed on a per common share basis and as a percentage of the
distribution amount. Eaton Vance Enhanced Equity Income Fund II
Current % of Current Cumulative % of the Cumulative Source
Distribution Distribution Distributions Distributions for the
Fiscal for the Fiscal Year-to-Date(1) Year-to-Date(1) Net
Investment Income $0.005 3.2% $0.081 5.1% Net Realized Short-Term
Capital Gains $0.000 0.0% $0.000 0.0% Net Realized Long-Term
Capital Gains $0.000 0.0% $0.000 0.0% Return of Capital or Other
Capital Source(s) $0.139 96.8% $1.503 94.9% Total per common share
$0.144 100.0% $1.584 100.0% (1) The Fund's fiscal year is January
1, 2009 to December 31, 2009 IMPORTANT DISCLOSURE: You should not
draw any conclusions about the Fund's investment performance from
the amount of this distribution or from the terms of the Fund's
Plan. The 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 the Fund is paid back to you. A return of capital distribution
does not necessarily reflect the 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 the Fund's investment
experience during the remainder of its fiscal year and may be
subject to changes based on tax regulations. The 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. Set
forth in the table below is information relating to the Fund's
performance based on its net asset value (NAV) for certain periods.
Average annual total return at NAV for the period from inception
through October 31, 2009(1) 3.11%
---------------------------------------------------------- ----
Annualized current distribution rate expressed as a percentage of
NAV as of October 31, 2009(2) 13.97%
------------------------------------------------------- -----
Cumulative total return at NAV for the fiscal year through October
31, 2009(3) 16.26%
--------------------------------------------------------------
----- Cumulative fiscal year to date distribution rate as a
percentage of NAV as of October 31, 2009(4) 11.64%
--------------------------------------------------------- ----- (1)
Average annual total return at NAV represents the simple arithmetic
average of the annual NAV total returns of the Fund for the period
from inception (1/31/2005) through October 31, 2009. (2) The
annualized current distribution rate is the cumulative distribution
rate annualized as a percentage of the Fund's NAV as of October 31,
2009. (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 October 31, 2009 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 October 31, 2009 measured on the dollar value of
distributions in the year-to-date period as a percentage of the
Fund's NAV as of October 31, 2009. The Funds are managed by Eaton
Vance Management, a subsidiary of Eaton Vance Corp. (NYSE:EV),
based in Boston, one of the oldest investment management firms in
the United States, with a history dating back to 1924. Eaton Vance
and its affiliates managed $154.9 billion in assets as of October
31, 2009, offering individuals and institutions a broad array of
investment products and wealth management solutions. The Company's
long record of providing exemplary service and attractive returns
through a variety of market conditions has made Eaton Vance the
investment manager of choice for many of today's most discerning
investors. For more information about Eaton Vance, visit
http://www.eatonvance.com/. DATASOURCE: Eaton Vance Management
CONTACT: Eaton Vance Management Investors, 1-800-262-1122 Web Site:
http://www.eatonvance.com/
Copyright