Eaton Vance Enhanced Equity Income Fund II June 2009 Distribution
* Reuters is not responsible for the content in this press release.
BOSTON, June 30 /PRNewswire-FirstCall/ -- Eaton Vance Enhanced Equity Income
Fund II (NYSE: EOS) today announced important information concerning its
distribution declared in June 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 June 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: June 2009
Distribution Amount per Common Share: $0.144
The following table sets forth an estimate of the sources of the Fund's June
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
% of the
% of Cumulative Cumulative
Current Current Distributions Distributions
Distri Distri for the Fiscal for the Fiscal
Source -bution -bution Year-to-Date(1) Year to Date(1)
Net Investment
Income $0.007 5.1% $0.045 5.3%
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) $0.137 94.9% $0.819 94.7%
Total per common
share $0.144 100.0% $0.864 100.0%
(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 May 31, 2009(1) 0.82%
Annualized current distribution rate expressed
as a percentage of NAV as of May 31, 2009(2) 14.58%
Cumulative total return at NAV for the fiscal
year through May 31, 2009(3) 5.12%
Cumulative fiscal year to date distribution rate
as a percentage of NAV as of May 31, 2009(4) 6.08%
(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 May 31, 2009.
(2) The annualized current distribution rate is the cumulative distribution
rate annualized as a percentage of the Fund's NAV as of May 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 May 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 May 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 May 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 $136.7 billion in assets as of May 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
www.eatonvance.com.
SOURCE Eaton Vance Management
Investors Contact of Eaton Vance Management, +1-800-262-1122
Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.



Follow Reuters