Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) to Issue Monthly Dividend of $0.07 on November 28th

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Monday, November 3rd. Investors of record on Friday, November 14th will be given a dividend of 0.0651 per share on Friday, November 28th. This represents a c) dividend on an annualized basis and a dividend yield of 8.7%. The ex-dividend date of this dividend is Friday, November 14th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Stock Down 0.1%

Eaton Vance Risk-Managed Diversified Equity Income Fund stock traded down $0.01 during mid-day trading on Wednesday, hitting $8.94. 37,998 shares of the stock were exchanged, compared to its average volume of 147,871. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12 month low of $7.40 and a 12 month high of $9.45. The firm’s fifty day simple moving average is $8.94 and its two-hundred day simple moving average is $8.89.

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

Several large investors have recently added to or reduced their stakes in the business. Geneos Wealth Management Inc. grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 55.8% during the 2nd quarter. Geneos Wealth Management Inc. now owns 3,855 shares of the company’s stock worth $35,000 after buying an additional 1,380 shares during the period. International Assets Investment Management LLC increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 14.7% in the second quarter. International Assets Investment Management LLC now owns 15,609 shares of the company’s stock valued at $141,000 after purchasing an additional 2,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Eaton Vance Risk-Managed Diversified Equity Income Fund by 10.1% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 27,986 shares of the company’s stock valued at $237,000 after purchasing an additional 2,571 shares in the last quarter. Sigma Planning Corp boosted its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 11.0% during the 1st quarter. Sigma Planning Corp now owns 33,710 shares of the company’s stock worth $285,000 after purchasing an additional 3,338 shares in the last quarter. Finally, Garden State Investment Advisory Services LLC grew its stake in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 8.2% in the 2nd quarter. Garden State Investment Advisory Services LLC now owns 49,886 shares of the company’s stock valued at $451,000 after buying an additional 3,778 shares during the period.

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.