Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) Announces Monthly Dividend of $0.06

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Friday, September 1st, Wall Street Journal reports. Stockholders of record on Friday, September 22nd will be given a dividend of 0.0579 per share on Friday, September 29th. This represents a $0.69 dividend on an annualized basis and a dividend yield of 8.90%. The ex-dividend date of this dividend is Thursday, September 21st.

Eaton Vance Risk-Managed Diversified Equity Income Fund has decreased its dividend by an average of 1.3% annually over the last three years.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Up 0.4 %

ETJ opened at $7.81 on Tuesday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.37 and a one year high of $9.21. The business’s 50-day simple moving average is $8.12 and its 200-day simple moving average is $7.98.

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

Institutional investors have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund in the 4th quarter valued at about $83,000. Retirement Group LLC increased its position in Eaton Vance Risk-Managed Diversified Equity Income Fund by 60.5% in the 4th quarter. Retirement Group LLC now owns 11,365 shares of the company’s stock valued at $85,000 after acquiring an additional 4,285 shares during the period. Arete Wealth Advisors LLC acquired a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund in the 1st quarter valued at about $98,000. MML Investors Services LLC acquired a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund in the 1st quarter valued at about $105,000. Finally, Susquehanna International Group LLP acquired a new position in Eaton Vance Risk-Managed Diversified Equity Income Fund in the 4th quarter valued at about $118,000.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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.