Eaton Vance Enhanced Equity Income Fund II announced earnings results for the third quarter and nine months ended September 30, 2012. For the quarter, the company reported net investment income of $496,000 or $0.011 per common share compared to $186,000 or $0.004 per common share a year ago. Net realized and unrealized gains on investments was $29,306,000 or $0.605 per common share compared to net realized and unrealized losses on investments of $79,111,000 or $1.634 per common share a year ago. Net increase in net assets from operations was $29,802,000 or $0.616 per common share compared to net decrease in net assets from operations of $78,925,000 or $1.630 per common share a year ago.

For the nine months, the company reported net investment income of $1,332,000 or $0.028 per common share compared to $1,079,000 or $0.022 per common share a year ago. Net realized and unrealized gains on investments was $73,315,000 or $1.512 per common share compared to net realized and unrealized losses on investments of $49,913,000 or $1.029 per common share a year ago. Net increase in net assets from operations was $74,647,000 or $1.540 per common share compared to net decrease in net assets from operations of $48,834,000 or $1.007 per common share a year ago. The net asset value per common share on September 30, 2012 was $12.49 based on 48,331,523 common shares outstanding.