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

Eaton Vance Risk-Managed Diversified Equity Income Fund (NYSE:ETJ) declared a monthly dividend on Friday, May 1st. Shareholders of record on Friday, May 15th will be given a dividend of 0.0651 per share on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 9.3%. The ex-dividend date is Friday, May 15th.

Eaton Vance Risk-Managed Diversified Equity Income Fund Price Performance

NYSE ETJ traded up $0.03 on Wednesday, hitting $8.42. The stock had a trading volume of 17,167 shares, compared to its average volume of 164,170. The company’s 50-day moving average is $8.37 and its two-hundred day moving average is $8.65. Eaton Vance Risk-Managed Diversified Equity Income Fund has a one year low of $7.88 and a one year high of $9.11.

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.