Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

ETO: Is Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Halal?

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

NYSEFinancial ServicesUS

$30.74

-0.07%

Market Cap: 503.8M

Compliance Status

Not Halal

Screened on Jul 15, 2026 · AAOIFI Standard 21

F

Non-Compliant

0Score

Is Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) halal? Not Halal. Based on AAOIFI screening, Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund has involvement in prohibited business activities with a compliance score of 0/100 (Grade: F).

Basket rule

Over the limit

An ETF is halal when non-compliant holdings stay under 5% of the basket by weight.

50.0% of 5.0% limit

74% of the basket's holdings were screened individually.

About Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. It invests in public equity markets across the globe. The fund seeks to invest in the stocks of companies operating across diversified sectors. It primarily invests in dividend paying value stocks of companies. The fund employs fundamental analysis to create its portfolio. It benchmarks the performance of its portfolio against the MSCI World Index. Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund was formed on April 30, 2004 and is domiciled in the United States.

Sector: Financial Services · Industry: Asset Management - Global

Shariah Compliance Status

AAOIFI Standard 21Updated Jul 15, 2026

Business Activity Screen

Failed

Checks if the business is involved in prohibited activities (alcohol, gambling, pork, conventional banking, etc.)

  • Basket-weighted haram holdings exceed 5% (50.0%)

Basket Composition

74% of basket screened

ETFs are baskets of many stocks. AAOIFI-aligned rule: basket is halal when haram weight is under 5%. The purification share is the weighted prohibited-income contribution of the underlying holdings.

58%
50%
Halal58%
Doubtful3%
Not Halal50%
Unknown0%

Compliance History

  1. Not Halalnow

    since Jun 2026

  2. Under Review

    until the change above

Tracked since May 2026. Updates automatically on each re-screen.

Fiscal: N/AData source: FMP-LOOKTHROUGH

Halal Alternatives in Financial Services

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Frequently Asked Questions

Is Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) halal to invest in?
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) is rated Not Halal under AAOIFI Standard 21 screening. It fails either the business activity screen (primary involvement in prohibited sectors such as conventional banking, alcohol, or gambling) or one of the quantitative financial ratio thresholds. Muslim investors should avoid or exit this position.
Why did Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund get a F compliance rating?
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund's compliance grade is determined by AAOIFI Standard 21 screening, a two-step process: (1) qualitative screen for prohibited business activities and (2) quantitative check of debt, interest deposits, and prohibited income ratios. Scroll up to see the detailed ratio breakdown.
What could change Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund's Shariah verdict?
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund's verdict is recalculated whenever the fund rebalances or holdings change materially. If the haram-weight of underlying holdings crosses 5% (the AAOIFI threshold for fund look-through), the verdict will flip to Not Halal. HalalScreener rescreens ETFs at each rebalance cycle.
How often is Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund re-screened for Shariah compliance?
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (ETO) is re-screened annually using the most recent full-year financial data from SEC filings. HalalScreener also triggers an on-demand re-screen whenever the stored data is more than 7 days old, ensuring the ratios reflect the latest available financial statements. Last screened: Jul 15, 2026.

Screened according to AAOIFI Standard No. 21 · For informational purposes only. Consult a qualified Islamic finance advisor before investing.

Disclaimer: This screening is for informational purposes only and does not constitute financial, legal, or religious advice. Compliance is evaluated using AAOIFI financial standards (debt, deposits, and prohibited income ratios) and publicly available data. Ethical, political, social, or environmental considerations are outside the scope of this screening. Individual scholars and methodologies may differ. Always consult a qualified Islamic finance advisor before making investment decisions.