Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Monthly Dividend of $0.07 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Wednesday, April 1st. Stockholders of record on Wednesday, April 15th will be paid a dividend of 0.0651 per share on Thursday, April 30th. This represents a c) dividend on an annualized basis and a dividend yield of 9.4%. The ex-dividend date is Wednesday, April 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Down 0.1%

Shares of NYSE:ETJ opened at $8.33 on Monday. The company has a 50 day moving average of $8.49 and a 200-day moving average of $8.71. Eaton Vance Risk-Managed Diversified Equity Income Fund has a twelve month low of $7.88 and a twelve month high of $9.11.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in ETJ. Baird Financial Group Inc. acquired a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund during the first quarter valued at approximately $156,000. Royal Bank of Canada lifted its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 14.3% during the first quarter. Royal Bank of Canada now owns 93,561 shares of the company’s stock valued at $792,000 after purchasing an additional 11,741 shares during the last quarter. Invesco Ltd. lifted its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.0% during the second quarter. Invesco Ltd. now owns 912,531 shares of the company’s stock valued at $8,249,000 after purchasing an additional 26,187 shares during the last quarter. Raymond James Financial Inc. lifted its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 6.7% during the second quarter. Raymond James Financial Inc. now owns 1,708,700 shares of the company’s stock valued at $15,447,000 after purchasing an additional 107,014 shares during the last quarter. Finally, Jane Street Group LLC acquired a new stake in Eaton Vance Risk-Managed Diversified Equity Income Fund during the second quarter valued at approximately $155,000.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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.