Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY
Market cap $2.35B

14.96 USD

-0.05

0.33%

At close Nov 12, 4:00 PM EST

1 day

-0.33%

5 days

1.42%

1 month

1.08%

3 months

9.68%

6 months

11.39%

Year to date

24.56%

1 year

31.00%

5 years

22.42%

10 years

27.43%

About: Eaton Vance Tax-mgd Dvsf Eq Inc Fd is a diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. Its portfolio of investments consists of capital markets, banks, internet and direct marketing retail, biotechnology, media, oil, gas, and consumable fuels, and other sectors.

0

Funds holding %

of 6,759 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]

7% more repeat investments, than reductions

Existing positions increased: 58 | Existing positions reduced: 54

1% less funds holding

Funds holding: 178 [Q1] → 176 (-2) [Q2]

8.02% less ownership

Funds ownership: 37.83% [Q1] → 29.81% (-8.02%) [Q2]

15% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 13

18% less capital invested

Capital invested by funds: $795M [Q1] → $655M (-$140M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for ETY.

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Financial journalist opinion

Based on 3 articles about ETY published over the past 30 days

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/1/2024 Ex-Date – 11/11/2024 Record – 11/11/2024 Payable – 11/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 10/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.55 5.69% Eaton Vance Municipal Income Trust EVN $0.051.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amou.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

5 Best CEFs This Month For 9.5% Yield (October 2024)

For income investors, closed-end funds, or CEFs, remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. CEFs are generally characterized by higher volatility and deeper draw-downs than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer “excess” discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9.5% Yield (October 2024)

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 10/1/2024 Ex-Date – 10/11/2024 Record – 10/11/2024 Payable – 10/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 9/30/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.87 5.52% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.9.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their September distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed am.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

5 Best CEFs This Month For 9% Plus Yield (September 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

5 Best CEFs This Month For 9% Plus Yield (September 2024)

ETY: Solid Performance And Fair Valuation

Eaton Vance Tax-Managed Diversified Equity Income Fund employs an index call writing strategy, helping it offer an attractive monthly distribution to its investors. The ETY ETF has outpaced the S&P 500 Index YTD despite its call-writing strategy, benefiting from the higher allocations to the mega-cap tech stocks. The fund's current distribution yield is attractive at 8.40%, but it is on the lower end historically, which could mean it is due for a raise.

ETY: Solid Performance And Fair Valuation

ETY: It May Be Wise To Be Cautious Over The Next Few Months

Eaton Vance Tax-Managed Diversified Equity Income Fund offers an attractive 8.30% yield, higher than most major equity or bond indices, appealing to income-focused investors. The ETY closed-end fund's yield suggests market confidence in its sustainability, primarily achieved through an options strategy on equity securities, despite not being the highest among peers. The fund's recent performance has slightly lagged the S&P 500 Index due to its options strategy but outperformed when considering distributions, making it a strong income-generating investment.

ETY: It May Be Wise To Be Cautious Over The Next Few Months

The 3 Best Big Closed-End Funds Of 2024

Sometimes as income investors we face a situation that sounds like a good problem to have: We have to pick among a group of very impressive investments!

The 3 Best Big Closed-End Funds Of 2024

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 9/3/2024 Ex-Date – 9/13/2024 Record – 9/13/2024 Payable – 9/20/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 8/30/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.90 5.50% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.78 5.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

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