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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) announced a monthly dividend on Monday, June 1st. Shareholders of record on Monday, June 15th will be given a dividend of 0.0651 per share on Tuesday, June 30th. This represents a c) annualized dividend and a yield of 9.2%. The ex-dividend date is Monday, June 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Trading Down 0.4%

ETJ stock opened at $8.50 on Tuesday. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 1-year low of $7.88 and a 1-year high of $9.11. The firm has a fifty day moving average price of $8.33 and a two-hundred day moving average price of $8.60.

Hedge Funds Weigh In On Eaton Vance Risk-Managed Diversified Equity Income Fund

Institutional investors have recently modified their holdings of the company. Geneos Wealth Management Inc. grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 55.8% during the second quarter. Geneos Wealth Management Inc. now owns 3,855 shares of the company’s stock worth $35,000 after acquiring an additional 1,380 shares during the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the third quarter worth about $42,000. Harbour Investments Inc. grew its position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund by 557.4% during the fourth quarter. Harbour Investments Inc. now owns 6,574 shares of the company’s stock worth $58,000 after acquiring an additional 5,574 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the third quarter worth about $94,000. Finally, Landscape Capital Management L.L.C. bought a new position in shares of Eaton Vance Risk-Managed Diversified Equity Income Fund during the fourth quarter worth about $94,000.

About Eaton Vance Risk-Managed Diversified Equity Income Fund

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.