Business Description
Managed by Eaton Vance Management, this US-based closed-end fund invests in dividend-paying stocks across a wide range of industries and countries, with exposure to at least three nations at any given time. To boost income, the fund sells call options tied to the S&P 500 Index against part of its stock holdings, collecting the premiums as additional cash flow. Its performance is measured against a blended benchmark made up of 80% S&P 500 and 20% FTSE Eurotop 100, and the fund has operated since late 2006.
