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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJGet Free Report) declared a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.0651 per share on Wednesday, September 30th. This represents a c) annualized dividend and a yield of 9.3%. The ex-dividend date of this dividend is Tuesday, September 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

Shares of ETJ opened at $8.40 on Wednesday. The firm has a 50-day moving average of $8.41 and a 200-day moving average of $8.41. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.88 and a one year high of $9.11.

Hedge Funds Weigh In On Eaton Vance Risk-Managed Diversified Equity Income Fund

Institutional investors and hedge funds have recently made changes to their positions in the business. Baird Financial Group Inc. purchased a new stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the first quarter worth $156,000. Royal Bank of Canada raised its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 14.3% in the first quarter. Royal Bank of Canada now owns 93,561 shares of the company’s stock worth $792,000 after purchasing an additional 11,741 shares in the last quarter. Invesco Ltd. grew its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 3.0% during the 2nd 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. grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 6.7% during the 2nd quarter. Raymond James Financial Inc. now owns 1,708,700 shares of the company’s stock valued at $15,447,000 after acquiring an additional 107,014 shares during the period. Finally, Jane Street Group LLC purchased a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the second quarter worth about $155,000.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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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.

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Dividend History for Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ)

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