ET
Eaton Vance Tax Advgd Gbl Div Inc Fd
ETG—
Eaton Vance Tax Advgd Gbl Div Inc Fd AI Insights
Informational only. Not investment advice.Snapshot
- Net margin 99.6% TTM - virtually all revenue flows to net income with operating expenses of just 1.2M on 326.5M revenue[Net Margin]
- Trading at 0.99x P/B TTM vs PE of 5.4x - rare discount to book value for a fund generating 19.5% ROE TTM[P/B Ratio]
- Revenue down 16.9% 1Y and EPS down 17% 1Y - investment losses of -206M TTM driving contraction despite positive interest income[Total Revenue 1Y Growth]
Watch Triggers
- Gain/Loss on Investment Securities: Consecutive quarters of losses exceeding 50M — Signals NAV erosion that could force dividend cuts or share price decline
- Dividends Paid Per Share: Any reduction from current 1.55 annual rate — Closed-end fund investors primarily hold for yield - cuts trigger selling
- P/B Ratio: Discount widens below 0.90x book — May indicate activist opportunity or forced liquidation risk
Bull Case
Ultra-efficient structure: 99.6% net margin TTM with G&A of just 1.2M means nearly all investment returns pass through to shareholders
Net MarginG&A ExpenseOperating Expense
Deep value at 0.99x book with 19.5% ROE TTM and 5.4x PE - market pricing in permanent capital impairment that may not materialize
P/B RatioROEPE Ratio
Bear Case
206M investment loss TTM on 2.1B asset base (-9.6% drag) - core business dependent on market direction with no operational hedge
Gain/Loss on Investment SecuritiesTotal Assets
Leverage risk: 370M debt (0.21x D/E) with 18.6M interest TTM consumes 5.7% of revenue in a declining revenue environment
Total DebtInterest ExpenseDebt to Equity
Bull vs Bear Balance
AI-generated sentiment analysis based on fundamental metrics and market conditions.
40%
Leverage ETG's top insights and create a custom strategy based on them in seconds. Our AI editor does it all — in one click.
Forward Thesis
Dividend sustainability at risk if investment losses persist - current 1.55/share payout exceeds FCF per share
1-3ymed
- FCF of 118M TTM vs ~118M implied dividend obligation
- Investment securities losses of -206M TTM
- 370M debt at 18.6M interest expense TTM
Dividends Paid Per Share 1.55 TTMFree Cash Flow 118.1M TTMGain/Loss on Investment Securities -206M TTM
Valuation Context
Caveats
Public Strategies Rankings
See how Eaton Vance Tax Advgd Gbl Div Inc Fd ranks across different investment strategies.
Leverage ETG's top insights and create a custom strategy in seconds. Our AI editor does it all — in one click.
ETG Fundamentals
Finance and Insurance → Securities, Commodity Contracts, and Other Financial Investments and Related Activities
| Metric | Value | YoY Growth | Industry Percentile |
|---|---|---|---|
$1.75B | — | ||
$2.12B | — | ||
5.4 | — | ||
$326.49M | -16.9% | — | |
$4.26 | -17.0% | — | |
0% | — | ||
99.6% | -0.0% | — | |
$118.13M | +7.1% | — | |
0.19 | -8.0% | — | |
Beta 5Y (Monthly) | unknown | — |
ETG Dividend History
260 dividends
2026
$0.129301/15/26$0.1293
2025
$1.551612/15/25$0.1293
11/14/25$0.1293
10/15/25$0.1293
09/15/25$0.1293
08/13/25$0.1293
07/15/25$0.1293
06/16/25$0.1293
05/15/25$0.1293
04/15/25$0.1293
03/14/25$0.1293
02/14/25$0.1293
01/15/25$0.1293
2024
$1.464012/23/24$0.1293
11/21/24$0.1293
10/23/24$0.1293
09/20/24$0.1293
08/22/24$0.1293
07/23/24$0.1293
06/21/24$0.1293
05/23/24$0.1293
04/22/24$0.1293
03/20/24$0.1001
02/21/24$0.1001
01/22/24$0.1001
2023
$1.201212/21/23$0.1001
11/21/23$0.1001
10/20/23$0.1001
09/21/23$0.1001
08/21/23$0.1001
07/21/23$0.1001
06/21/23$0.1001
05/19/23$0.1001
04/21/23$0.1001
03/21/23$0.1001
02/21/23$0.1001
01/23/23$0.1001
2022
$1.500212/22/22$0.1001
11/22/22$0.1001
10/21/22$0.1300
09/22/22$0.1300
08/23/22$0.1300
07/21/22$0.1300
06/22/22$0.1300
05/23/22$0.1300
04/21/22$0.1300
03/23/22$0.1300
02/17/22$0.1300
01/21/22$0.1300
2021
$1.367512/23/21$0.1300
11/22/21$0.1300
10/21/21$0.1300
09/22/21$0.1300
08/23/21$0.1300
07/22/21$0.1025
06/22/21$0.1025
05/20/21$0.1025
04/22/21$0.1025
03/23/21$0.1025
02/18/21$0.1025
01/21/21$0.1025
2020
$1.230012/23/20$0.1025
11/20/20$0.1025
10/22/20$0.1025
09/22/20$0.1025
08/21/20$0.1025
07/23/20$0.1025
06/22/20$0.1025
05/21/20$0.1025
04/22/20$0.1025
03/23/20$0.1025
02/20/20$0.1025
01/23/20$0.1025
2019
$1.230012/23/19$0.1025
11/21/19$0.1025
10/23/19$0.1025
09/20/19$0.1025
08/22/19$0.1025
07/23/19$0.1025
06/20/19$0.1025
05/23/19$0.1025
04/22/19$0.1025
03/20/19$0.1025
02/20/19$0.1025
01/23/19$0.1025
2018
$1.230512/21/18$0.1025
11/21/18$0.1025
10/23/18$0.1025
09/20/18$0.1025
08/23/18$0.1025
07/23/18$0.1025
06/21/18$0.1025
05/23/18$0.1025
04/20/18$0.1025
03/21/18$0.1025
02/20/18$0.1025
01/23/18$0.1025
2017
$1.230012/21/17$0.1025
11/21/17$0.1025
10/23/17$0.1025
09/21/17$0.1025
08/22/17$0.1025
07/20/17$0.1025
06/21/17$0.1025
05/22/17$0.1025
04/19/17$0.1025
03/22/17$0.1025
02/16/17$0.1025
01/20/17$0.1025
2016
$1.230012/21/16$0.1025
11/21/16$0.1025
10/20/16$0.1025
09/21/16$0.1025
08/22/16$0.1025
07/20/16$0.1025
06/21/16$0.1025
05/20/16$0.1025
04/20/16$0.1025
03/22/16$0.1025
02/18/16$0.1025
01/20/16$0.1025
2015
$1.230012/21/15$0.1025
11/19/15$0.1025
10/21/15$0.1025
09/21/15$0.1025
08/20/15$0.1025
07/22/15$0.1025
06/19/15$0.1025
05/20/15$0.1025
04/21/15$0.1025
03/20/15$0.1025
02/18/15$0.1025
01/21/15$0.1025
2014
$1.230012/22/14$0.1025
11/19/14$0.1025
10/22/14$0.1025
09/19/14$0.1025
08/20/14$0.1025
07/22/14$0.1025
06/19/14$0.1025
05/21/14$0.1025
04/21/14$0.1025
03/20/14$0.1025
02/19/14$0.1025
01/22/14$0.1025
2013
$1.127512/20/13$0.1025
11/20/13$0.1025
10/22/13$0.1025
09/19/13$0.1025
08/21/13$0.1025
07/22/13$0.1025
06/19/13$0.1025
05/22/13$0.1025
04/19/13$0.1025
03/19/13$0.1025
02/19/13$0.1025
2012
$1.230012/27/12$0.1025
12/20/12$0.1025
11/20/12$0.1025
10/22/12$0.1025
09/19/12$0.1025
08/22/12$0.1025
07/20/12$0.1025
06/20/12$0.1025
05/22/12$0.1025
04/19/12$0.1025
03/21/12$0.1025
02/17/12$0.1025
2011
$1.230012/28/11$0.1025
12/21/11$0.1025
11/21/11$0.1025
10/20/11$0.1025
09/21/11$0.1025
08/22/11$0.1025
07/20/11$0.1025
06/21/11$0.1025
05/20/11$0.1025
04/19/11$0.1025
03/22/11$0.1025
02/16/11$0.1025
2010
$1.230012/29/10$0.1025
12/21/10$0.1025
11/19/10$0.1025
10/20/10$0.1025
09/21/10$0.1025
08/20/10$0.1025
07/21/10$0.1025
06/21/10$0.1025
05/19/10$0.1025
04/21/10$0.1025
03/22/10$0.1025
02/17/10$0.1025
2009
$1.332512/29/09$0.1025
12/22/09$0.1025
11/19/09$0.1025
10/21/09$0.1025
10/19/09$0.1025
09/21/09$0.1025
08/20/09$0.1025
07/22/09$0.1025
06/19/09$0.1025
05/20/09$0.1025
04/21/09$0.1025
03/20/09$0.1025
02/18/09$0.1025
2008
$1.971912/29/08$0.1025
12/22/08$0.2876
11/19/08$0.1438
10/22/08$0.1438
09/19/08$0.1438
08/20/08$0.1438
07/22/08$0.1438
06/19/08$0.1438
05/13/08$0.1438
04/21/08$0.1438
03/20/08$0.1438
03/19/08$0.1438
02/20/08$0.1438
2007
$1.544212/27/07$0.1438
11/20/07$0.1438
10/22/07$0.1438
09/19/07$0.1438
08/22/07$0.1438
07/20/07$0.1438
06/20/07$0.1438
05/22/07$0.1438
04/19/07$0.1438
03/21/07$0.1250
02/16/07$0.1250
2006
$1.348012/26/06$0.1250
11/20/06$0.1250
10/19/06$0.1250
09/20/06$0.1250
08/22/06$0.1250
07/20/06$0.1250
06/21/06$0.1250
05/22/06$0.1250
04/19/06$0.1160
03/22/06$0.1160
02/16/06$0.1160
2005
$1.135512/28/05$0.1160
11/21/05$0.1160
10/20/05$0.1160
09/21/05$0.1125
08/22/05$0.1125
07/20/05$0.1125
06/21/05$0.1125
05/19/05$0.1125
04/20/05$0.1125
03/22/05$0.1125
2004
$1.162512/29/04$0.2250
11/22/04$0.1075
10/21/04$0.1075
09/22/04$0.1075
08/25/04$0.1025
07/22/04$0.1025
06/24/04$0.1025
05/25/04$0.1025
04/22/04$0.1025
03/24/04$0.1025
ETG Stock Splits
No stock splits
ETG SEC Filings
| Filing Date | Report Date | Report Type | Filing Link |
|---|---|---|---|
12/30/25 | 10/31/25 | N-CSR | |
04/30/25 | 04/30/25 | N-CSRS | |
12/26/24 | 10/31/24 | N-CSR | |
04/30/24 | 04/30/24 | N-CSRS | |
12/27/23 | 10/31/23 | N-CSR | |
04/30/23 | 04/30/23 | N-CSRS | |
12/22/22 | 10/31/22 | N-CSR | |
04/30/22 | 04/30/22 | N-CSRS | |
12/23/21 | 10/31/21 | N-CSR | |
04/30/21 | 04/30/21 | N-CSRS | |
12/23/20 | 10/31/20 | N-CSR | |
04/30/20 | 04/30/20 | N-CSRS | |
12/23/19 | 10/31/19 | N-CSR | |
04/30/19 | 04/30/19 | N-CSRS | |
12/28/18 | 10/31/18 | N-CSR | |
04/30/18 | 04/30/18 | N-CSRS |