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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.0651 per share on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a yield of 8.9%. The ex-dividend date of this dividend is Monday, March 16th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

Shares of ETJ stock traded up $0.08 during mid-day trading on Wednesday, reaching $8.79. The stock had a trading volume of 74,016 shares, compared to its average volume of 157,751. The stock’s 50-day moving average price is $8.80 and its two-hundred day moving average price is $8.85. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 52-week low of $7.40 and a 52-week high of $9.11.

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.