PR Newswire | May 13, 2021 08:54AM EDT

05/13 07:54 CDT

Eaton Vance Announces Upcoming Retirement of Michael A. Allison BOSTON, May 13, 2021

BOSTON, May 13, 2021 /PRNewswire/ -- Eaton Vance Management ("Eaton Vance"), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced today that Michael A. Allison, CFA, CFP(r), Vice President and director of equity strategy implementation will retire from Eaton Vance on or about December 31, 2021. His fund management responsibilities are being assumed by other Eaton Vance portfolio managers as described below.

Mr. Allison joined Eaton Vance in 2000 as an equity analyst covering companies in the capital goods and telecommunications industries. He began managing portfolios in 2005, and currently serves as a portfolio management of a number of Eaton Vance's global and U.S. equity income and tax-managed equity strategies. He is a member of Eaton Vance Management's Equity Strategy Committee. Prior to joining Eaton Vance, Mr. Allison was an equity analyst for Schroder Investment Management North America, and was also affiliated with Fleet Investment Advisors and Phoenix Home Life Mutual Fund Insurance.

"During his more than two decades at Eaton Vance, Mike has worn many important hats," said Eddie Perkin, Chief Investment Officer, Equity. "In particular, his tax-management expertise, talents as an investor and skill at communicating complex investment concepts have contributed to excellent client outcomes and the growth of our active equity business."

Effective July 1, 2021, portfolio managers of the Funds currently co-managed by Mr. Allison will be as follows:

Fund Portfolio Manager (s)

Closed-End Funds

Eaton Vance Enhanced Equity Income Fund G.R. Nelson (NYSE: EOI)

Eaton Vance Enhanced Equity Income Fund II* Lewis R. Piantedosi (NYSE: EOS) Douglas R. Rogers

Eaton Vance Risk-Managed Diversified Equity Income Fund G.R. Nelson (NYSE: ETJ)

John H. Croft Derek DiGregorio Eaton Vance Tax-Advantaged Dividend Income Fund Aaron S. Dunn (NYSE: EVT) Bradley Galko Edward Perkin

John H. Croft Eaton Vance Tax-Advantaged Global Dividend Income Fund Derek DiGregorio (NYSE: ETG) Christopher M. Dyer

Eaton Vance Tax-Advantaged Global Dividend Opportunities John H. Croft Fund Derek DiGregorio (NYSE: ETO) Christopher M. Dyer

Eaton Vance Tax-Managed Buy-Write Income Fund G.R. Nelson (NYSE: ETB) Thomas Seto

Eaton Vance Tax-Managed Buy-Write Opportunities Fund G.R. Nelson (NYSE: ETV) Thomas Seto

Eaton Vance Tax-Managed Buy-Write Strategy Fund G.R. Nelson (NYSE: EXD) Thomas Seto

Eaton Vance Tax-Managed Diversified Equity Income Fund G.R. Nelson (NYSE: ETY)

Eaton Vance Tax-Managed Global Buy-Write Opportunities G.R. Nelson Fund Thomas Seto (NYSE: ETW)

Eaton Vance Tax-Managed Global Diversified Equity Income Fund Christopher M. Dyer (NYSE: EXG)

Mutual Funds

John H. Croft Derek DiGregorio Eaton Vance Global Income Builder Fund Christopher M. Dyer Jeffrey Mueller

John H. Croft Eaton Vance Tax-Managed Global Dividend Income Fund Derek DiGregorio Christopher M. Dyer

Yana S. Barton Eaton Vance Tax-Managed Growth Fund 1.0 Kenneth D. Zinner

Yana S. Barton Eaton Vance Tax-Managed Growth Fund 1.1 Kenneth D. Zinner

Yana S. Barton Eaton Vance Tax-Managed Growth Fund 1.2 Kenneth D. Zinner

NextShares Funds

John H. Croft Derek DiGregorio Eaton Vance Global Income Builder NextShares Christopher M. Dyer Jeffrey Mueller

* Also reflects the appointment of Mr. Rogers as a portfolio manager.

Eaton Vance Corp. was acquired by Morgan Stanley on March 1, 2021. Its former Eaton Vance, Parametric, Atlanta Capital and Calvert investment affiliates are now part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley.

This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of a Fund. Additional information about the Funds, including performance and portfolio characteristic information, is available at eatonvance.com.

Statements in this press release that are not historical facts may be forward-looking statements, as defined by the U.S. securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors that may be beyond a Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.

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SOURCE Eaton Vance Management