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.