Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) to Issue Monthly Dividend of $0.07 on July 31st

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Wednesday, July 1st. Shareholders of record on Wednesday, July 15th will be given a dividend of 0.0651 per share on Friday, July 31st. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date is Wednesday, July 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

NYSE:ETJ opened at $8.37 on Friday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 1-year low of $7.88 and a 1-year high of $9.11. The business’s 50-day moving average price is $8.37 and its two-hundred day moving average price is $8.52.

Institutional Trading of Eaton Vance Risk-Managed Diversified Equity Income Fund

A number of hedge funds have recently modified their holdings of the company. Raymond James Financial Inc. grew its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 5.9% during the third quarter. Raymond James Financial Inc. now owns 1,810,277 shares of the company’s stock valued at $16,274,000 after purchasing an additional 101,577 shares during the period. Osaic Holdings Inc. increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.2% in the fourth quarter. Osaic Holdings Inc. now owns 1,229,160 shares of the company’s stock valued at $10,841,000 after purchasing an additional 38,595 shares in the last quarter. Guggenheim Capital LLC raised its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 20.4% in the fourth quarter. Guggenheim Capital LLC now owns 1,088,860 shares of the company’s stock worth $9,604,000 after purchasing an additional 184,721 shares during the period. Invesco Ltd. raised its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 12.8% in the third quarter. Invesco Ltd. now owns 1,028,897 shares of the company’s stock worth $9,250,000 after purchasing an additional 116,366 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 19.4% during the fourth quarter. Advisors Asset Management Inc. now owns 438,453 shares of the company’s stock worth $3,867,000 after purchasing an additional 71,237 shares in the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.