Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) Stock

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) offers investors a high dividend yield of 8% through a global portfolio of investments. ETO is attractively priced at the moment as it trades at a discount to NAV larger than its historical average. Global investment exposure can help diversify your portfolio away from the US markets as they hover near their all time highs.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund yields 8.25%, higher than major domestic or global equity indices. The fund's yield is lower than peers, but its focus on equities may provide inflation protection and better long-term returns. ETO has the ability to switch to preferred stocks, which might position it better to weather a recession than an all-equity fund.

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities-focused closed-end fund offering high total returns and current income. ETO currently pays a 6.8% distribution yield. With U.S. equity valuations stretched, I recommend investors go global for positive forward returns.

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund provides high income and exposure to foreign companies. The fund's current yield of 6.74% is better than most equity indices, although it is considerably lower than many other closed-end funds. ETO's recent performance has slightly underperformed the S&P 500 Index but outperformed the MSCI World Index.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund offers a 7.27% yield, which is better than many common equities but not impressive compared to fixed-income or blended closed-end funds. The fund's performance has been reasonable, with a 2.25% gain since September, but it has underperformed the S&P 500 Index and the MSCI World Index. The fund's portfolio is not well-diversified globally, with a majority of its assets invested in American issuers, and its largest positions do not consist of high-yielding dividend stocks.

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has underperformed the market in recent months, possibly due to the impact of high interest rates on high-yielding assets. The fund's portfolio is decent, with a relatively low allocation to the technology sector compared to other Eaton Vance funds. The fund offers a sustainable 7.40% distribution yield and is trading at an attractive valuation with a 9.59% discount to net asset value.

The Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a global equities-focused closed-end fund that offers high total returns and high current income. The ETO fund has a global stock portfolio, with 40% invested in U.S. equities, 40% in global equities, and 20% in fixed-income securities, and pays a 7.1% forward distribution yield. Despite a challenging 2022, the ETO fund is considered a solid choice for income-oriented investors due to its long-term track record of delivering total returns sufficient to fund its distribution.