Eaton Vance Enhanced Equity Income Fund II (EOS) to Issue Monthly Dividend of $0.15 on July 31st

Eaton Vance Enhanced Equity Income Fund II (NYSEARCA:EOS) declared a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be paid a dividend of 0.1523 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Enhanced Equity Income Fund II Price Performance

EOS opened at $22.05 on Friday. The stock’s fifty day moving average is $22.29 and its 200-day moving average is $22.11. Eaton Vance Enhanced Equity Income Fund II has a one year low of $19.44 and a one year high of $24.49.

Institutional Investors Weigh In On Eaton Vance Enhanced Equity Income Fund II

Several hedge funds and other institutional investors have recently bought and sold shares of EOS. Bank of America Corp DE boosted its position in shares of Eaton Vance Enhanced Equity Income Fund II by 0.6% during the 2nd quarter. Bank of America Corp DE now owns 1,378,577 shares of the company’s stock valued at $33,375,000 after purchasing an additional 8,681 shares in the last quarter. Guggenheim Capital LLC raised its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 3.7% in the 4th quarter. Guggenheim Capital LLC now owns 791,908 shares of the company’s stock worth $18,539,000 after purchasing an additional 28,169 shares in the last quarter. Invesco Ltd. raised its holdings in shares of Eaton Vance Enhanced Equity Income Fund II by 27.9% in the 4th quarter. Invesco Ltd. now owns 728,817 shares of the company’s stock worth $17,062,000 after purchasing an additional 159,111 shares in the last quarter. Wells Fargo & Company MN lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 719,341 shares of the company’s stock valued at $16,840,000 after purchasing an additional 35,033 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Eaton Vance Enhanced Equity Income Fund II by 2.9% during the third quarter. Raymond James Financial Inc. now owns 670,344 shares of the company’s stock valued at $16,041,000 after purchasing an additional 18,692 shares during the last quarter.

Eaton Vance Enhanced Equity Income Fund II Company Profile

Eaton Vance Enhanced Equity Income Fund II is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets of the United States. It seeks to invest in the stocks of companies operating across diversified sectors. The fund primarily invests in growth stocks of mid-cap and large-cap companies. It generates current earnings from option premiums by selling covered call options on a substantial portion of its portfolio. The fund benchmarks the performance of its portfolio against the Russell 1000 Growth Index, the CBOE S&P 500 BuyWrite Index, and the CBOE NASDAQ-100 BuyWrite Index.