Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) Research
The Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-end equity fund, overseen by Eaton Vance Management. Its investment strategy focuses on public equity markets worldwide, targeting companies across a variety of sectors, with a particular emphasis on those that pay dividends. To generate additional current income, the fund also sells S&P 500 Index call options on a portion of its common stock holdings, profiting from the premiums collected. Geographically, it typically allocates capital to issuers in a minimum of three countries, including the United States. Furthermore, derivatives are utilized as part of its investment toolkit. Its performance is measured against a composite benchmark, consisting of 80% S&P 500 Index and 20% FTSE Eurotop 100 Index. Established on November 30, 2006, the fund is domiciled in the United States.
Market snapshot
- Symbol
- ETY
- Price
- $14.55
- Day change
- +0.90%
- Market cap
- $2.3B
- P/E ratio
- 9.01x
- 52-week range
- 13.12-16.03
- Sector
- Financial Services
- Industry
- Asset Management - Income
Recent news
- This Surging 8.2% Dividend Proves The Economy Is Fine
Wall Street and the press have it all wrong on the US economy. Here's the truth:
Peer companies
- Abrdn Income Credit Strategies Fund (ACP-PA)
- Cornerstone Strategic Value Fund, Inc. (CLM)
- Eaton Vance Tax-Advantaged Global Dividend Income Fund (ETG)
- Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG)
- Fidelity Advisor Large Cap Fund (FIDLX)
- Fidelity Stock Sector Mid Cap Fund (FSSMX)
- Guggenheim Strategic Opportunities Fund (GOF)
- Nuveen Preferred & Income Opportunities Fund (JPC)
Recent insider activity
- Donovan Laura — trade (0 shares) on 2024-01-01
- FAUST THOMAS E JR — trade (0 shares) on 2023-08-03
- Gaffney Charles — trade (0 shares) on 2023-05-24
- Rogers Douglas R — trade (0 shares) on 2023-05-24
- Pachnanda Anchal — trade (0 shares) on 2023-04-01
Open Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.