Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) to Issue Monthly Dividend of $0.07 on July 31st

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Wednesday, July 2nd, Wall Street Journal reports. Investors of record on Tuesday, July 15th will be given a dividend of 0.0651 per share on Thursday, July 31st. This represents a $0.78 annualized dividend and a yield of 8.69%. The ex-dividend date is Tuesday, July 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

NYSE ETJ opened at $8.99 on Friday. The business’s fifty day moving average price is $8.84 and its 200-day moving average price is $8.83. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 1-year low of $7.40 and a 1-year high of $9.60.

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

An institutional investor recently raised its position in Eaton Vance Risk-Managed Diversified Equity Income Fund stock. Royal Bank of Canada increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) by 14.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 93,561 shares of the company’s stock after purchasing an additional 11,741 shares during the quarter. Royal Bank of Canada’s holdings in Eaton Vance Risk-Managed Diversified Equity Income Fund were worth $792,000 at the end of the most recent quarter.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

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.