Ukraine proposes $100 bln US weapons deal for security guarantees - FT
Eaton (NYSE:ETN) Vance Tax-Advantaged Global Dividend Income Fund (ETG) has experienced a notable downturn, touching a 52-week low of $17.00. Despite the price pressure, the fund maintains an attractive 8.76% dividend yield and trades at a P/E ratio of 3.31. This latest price movement reflects a challenging period for the fund, though InvestingPro data shows a positive 1-year total return of 7.75%. Investors are closely monitoring ETG as it navigates through the current economic landscape, with a beta of 1.3 indicating higher sensitivity to market movements. The fund’s performance is being scrutinized as market participants consider the broader implications of its recent price level, though its strong current ratio of 3.66 suggests robust financial health. With a market capitalization of $1.27 billion, ETG has maintained dividend payments for 22 consecutive years, making it a notable consideration for income-focused investors.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.