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Eaton (NYSE:ETN) Vance Tax-Advantaged Global Dividend Income Fund (ETG) has reached a new 52-week high, with its stock price climbing to $20.1. The fund, which boasts a market capitalization of $1.53 billion and an attractive dividend yield of 7.76%, has demonstrated strong financial health according to InvestingPro metrics. This milestone reflects a significant uptick in the fund’s performance, marking a noteworthy phase in its trading history. The fund has actually delivered a robust 20.85% total return over the past year, significantly outperforming initial estimates. InvestingPro data reveals that ETG has maintained dividend payments for 22 consecutive years, showcasing its commitment to shareholder returns. Additional InvestingPro Tips highlight the fund’s strong financial metrics and growth potential. The achievement of this 52-week high serves as a testament to the fund’s resilience and potential for growth in a dynamic investment landscape, supported by its attractive P/E ratio of 3.71 and year-to-date return of 13.6%.
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