BOSTON, May 21, 2012 /PRNewswire/ -- Eaton Vance Tax-Advantaged Dividend Income Fund (NYSE: EVT), a diversified closed-end management investment company, today announced the earnings of the Fund for the three months and six months ended February 29, 2012. The Fund's fiscal year ends on August 31, 2012.

For the three months ended February 29, 2012, the Fund had net investment income of $17,818,989 ($0.245 per share). For the six months ended February 29, 2012, the Fund had net investment income of $32,309,069 ($0.444 per share).  In comparison, for the three months ended February 28, 2011, the Fund had net investment income of $30,721,525 ($0.422 per share). For the six months ended February 28, 2011, the Fund had net investment income of $42,673,910 ($0.586 per share).

Net realized and unrealized gains for the three months ended February 29, 2012 were $116,953,293 ($1.610 per share) and net realized and unrealized gains for the six months ended February 29, 2012 were $116,322,636 ($1.601 per share). In comparison, net realized and unrealized gains for the three months ended February 28, 2011 were $120,413,722 ($1.650 per share) and net realized and unrealized gains for the six months ended February 28, 2011 were $220,114,242 ($3.019 per share).

On February 29, 2012, net assets of the Fund were $1,323,839,579. The net asset value per share on February 29, 2012 was $18.18 based on 72,835,900 shares outstanding. In comparison, on February 28, 2011, net assets of the Fund were $1,377,526,219.  The net asset value per share on February 28, 2011 was $18.91 based on 72,835,900 shares outstanding. 

The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors -- Closed-End Funds"). Fund portfolio holdings for the most recent calendar quarter-end are also posted to the website approximately 30 days following quarter-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $197.5 billion in assets as of April 30, 2012 offering individuals and institutions a broad array of investment strategies and wealth management solutions.  The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors.  For more information about Eaton Vance, visit www.eatonvance.com.

SOURCE Eaton Vance Management