Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) to Issue Monthly Dividend of $0.10

Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE:ETY) announced a monthly dividend on Tuesday, September 1st. Stockholders of record on Tuesday, September 15th will be given a dividend of 0.0992 per share by the investment management company on Wednesday, September 30th. This represents a c) annualized dividend and a dividend yield of 8.3%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Tax-Managed Diversified Equity Income Fund Trading Up 0.2%

NYSE:ETY opened at $14.35 on Wednesday. Eaton Vance Tax-Managed Diversified Equity Income Fund has a 1-year low of $13.12 and a 1-year high of $16.03. The company’s fifty day moving average price is $14.45 and its 200-day moving average price is $14.50.

Institutional Trading of Eaton Vance Tax-Managed Diversified Equity Income Fund

Several institutional investors and hedge funds have recently modified their holdings of the stock. Morgan Stanley boosted its holdings in Eaton Vance Tax-Managed Diversified Equity Income Fund by 0.4% in the 4th quarter. Morgan Stanley now owns 12,987,864 shares of the investment management company’s stock valued at $199,234,000 after purchasing an additional 48,151 shares during the period. Raymond James Financial Inc. grew its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.4% during the 3rd quarter. Raymond James Financial Inc. now owns 2,706,796 shares of the investment management company’s stock valued at $43,038,000 after purchasing an additional 63,650 shares in the last quarter. Wells Fargo & Company MN lifted its position in Eaton Vance Tax-Managed Diversified Equity Income Fund by 2.7% in the fourth quarter. Wells Fargo & Company MN now owns 2,038,748 shares of the investment management company’s stock worth $31,274,000 after purchasing an additional 54,222 shares during the period. LPL Financial LLC raised its stake in Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.2% during the 4th quarter. LPL Financial LLC now owns 1,237,972 shares of the investment management company’s stock valued at $18,990,000 after purchasing an additional 49,690 shares during the period. Finally, Bank of America Corp DE raised its holdings in shares of Eaton Vance Tax-Managed Diversified Equity Income Fund by 4.4% during the 2nd quarter. Bank of America Corp DE now owns 808,900 shares of the investment management company’s stock valued at $12,514,000 after purchasing an additional 33,787 shares in the last quarter.

Eaton Vance Tax-Managed Diversified Equity Income Fund Company Profile

The Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY) is a closed-end management investment company that seeks to provide a high level of after-tax total return. Launched in December 2004, ETY is managed by investment professionals at Eaton Vance—now part of Morgan Stanley Investment Management—and employs a tax-sensitive strategy designed to minimize the distribution of capital gains to shareholders.

ETY invests primarily in a diversified portfolio of dividend-paying equity securities across a broad range of industries.