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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJGet Free Report) announced a monthly dividend on Monday, April 1st, Zacks reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.065 per share on Tuesday, April 30th. This represents a $0.78 annualized dividend and a dividend yield of 9.43%. The ex-dividend date of this dividend is Monday, April 22nd. This is an increase from Eaton Vance Risk-Managed Diversified Equity Income Fund’s previous monthly dividend of $0.06.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend payment by an average of 8.7% annually over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Down 0.2 %

Shares of NYSE ETJ opened at $8.27 on Wednesday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 1-year low of $7.20 and a 1-year high of $8.47. The business has a 50-day moving average of $8.28 and a 200-day moving average of $7.95.

Institutional Investors Weigh In On Eaton Vance Risk-Managed Diversified Equity Income Fund

Several institutional investors and hedge funds have recently modified their holdings of ETJ. Advisors Asset Management Inc. purchased a new stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund in the first quarter worth about $1,112,000. Guggenheim Capital LLC boosted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 16.8% in the first quarter. Guggenheim Capital LLC now owns 868,485 shares of the company’s stock valued at $8,581,000 after purchasing an additional 124,935 shares during the last quarter. Invesco Ltd. boosted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 13.8% in the third quarter. Invesco Ltd. now owns 744,555 shares of the company’s stock valued at $5,718,000 after purchasing an additional 90,404 shares during the last quarter. Raymond James & Associates boosted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 57.4% in the first quarter. Raymond James & Associates now owns 112,963 shares of the company’s stock valued at $1,116,000 after purchasing an additional 41,207 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund by 7.0% in the first quarter. Ameriprise Financial Inc. now owns 445,776 shares of the company’s stock valued at $3,544,000 after purchasing an additional 29,132 shares during the last quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

(Get Free Report)

Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio.

Further Reading

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

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