Eaton Vance Risk-Managed Diversified Equity Income Fund Plans Monthly Dividend of $0.07 (NYSE:ETJ)

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Tuesday, September 1st. Investors of record on Tuesday, September 15th will be paid a dividend of 0.0651 per share on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

Shares of NYSE:ETJ opened at $8.37 on Wednesday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.88 and a one year high of $9.11. The company’s fifty day moving average price is $8.41 and its 200-day moving average price is $8.41.

Eaton Vance Risk-Managed Diversified Equity Income Fund Company Profile

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE: ETJ) is a closed-end management investment company launched in November 2008 and managed by Eaton Vance Advisors, a subsidiary of Morgan Stanley. The fund’s primary objective is to provide a high level of monthly distributable income with an element of capital preservation. It seeks to achieve this through a diversified portfolio of equity securities combined with a systematic option overlay strategy.

The core equity allocation is invested primarily in dividend-paying common stocks of large- and mid-cap companies across a range of sectors, including financials, technology, industrials and consumer staples.