Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ)
| Market Value | 607.95M |
| Revenue (ttm) | n/a |
| Net Income (ttm) | n/a |
| Shares Out | 65.72M |
| EPS (ttm) | n/a |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | $0.78 (8.45%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 120,519 |
| Open | 9.24 |
| Previous Close | 9.22 |
| Day's Range | 9.19 - 9.27 |
| 52-Week Range | 7.56 - 9.60 |
| Beta | 0.74 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ETJ
Eaton Vance Risk-Managed Diversified Equity Income Fund is a closed ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in the public equity markets of the United States. It primarily invests in common stocks and purchases out-of-the-money, short-dated S&P 500 index put options and sells out-of-the-money S&P 500 Index call options of the same term as the put options with roll dates that are staggered across the options portfolio. The fund invests in stocks of companies operating across diversified sectors. ... [Read more]
News
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 11/1/2024 Ex-Date – 11/11/2024 Record – 11/11/2024 Paya...
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their October distributions (each a “Fund”). This press release is issued as required by ...
ETJ: Antitrust Lawsuits Could Drag On The Fund's Portfolio
The Eaton Vance Risk-Managed Diversified Equity Income Fund offers an 8.57% yield, providing high income while maintaining equity exposure and some downside protection. The fund's strategy includes a ...
Microsoft's ‘Hidden' Monthly Dividend Pays 8.8%
What if I told you I've found a way to get $1,000 in dividends every single month—and you only need to invest $146,364 to get it?
ETJ: More Risks Than You Think, But Still A Decent Fund
Eaton Vance Risk-Managed Diversified Equity Income Fund offers high current income with equity exposure for income-minded investors. Inflation might be higher than official numbers suggest, making equ...
Eaton Vance Raises Distributions On All Equity CEFs
After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for E...
ETJ: Reduced Upside In Exchange For Income And Safety
The Eaton Vance Risk-Managed Diversified Equity Income Fund offers a high level of income through an options strategy. The ETJ closed-end fund has underperformed the S&P 500 Index recently, but in the...
The Month In Closed-End Funds: January 2024
For the first month in three, equity CEFs (-0.59% on a NAV basis) suffered losses while their fixed-income CEF (+0.49%) counterparts on average posted plus-side returns. At month-end, 11% of all CEFs ...
ETJ: Good Way To Invest In Equities With Reduced Risk
ETJ is an equity closed-end fund that invests in a portfolio of common stocks and hedges its exposure using both put and call options. The fund pays monthly distributions using a managed distribution ...
Why These 8%+ Yielding Closed-End Funds Crush Low-Fee Index Funds
CEFs are perhaps best known for their bond funds, but many are surprised to find that, actually, equity CEFs yield more on average: 9.4%.
Equity CEFs: Bought Some ETJ Yesterday
Equity CEF shareholders seem to be exhibiting frustration despite the broader market rally. Mega-cap technology stocks are driving performance in SPY and QQQ, leaving other stocks and fund classes lag...
ETJ: A CEF With A High-Yielding Technology And Healthcare Focused Portfolio
Eaton Vance Risk-Managed Diversified Equity Income Fund produced returns when stocks from technology and healthcare sectors were producing losses. Fortunately, things have changed in favor of this clo...
Eaton Vance Management Announces Portfolio Management Teams of Certain Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance Management (“Eaton Vance”), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain funds as follows: Eaton V...
Equity CEFs: An Even Better Opportunity To Own The Eaton Vance Equity CEFs (ETJ And EXG)
Equity CEFs: An Even Better Opportunity To Own The Eaton Vance Equity CEFs (ETJ And EXG).
ETJ: Outperformed S&P 500 Last Year But Still Failed To Cover The Distribution
Investors are desperate for income to maintain their standard of living against inflation, which makes funds like ETJ appealing. The fund's portfolio is very strange given its incredibly low yield and...
ETJ: Modest Returns By Design But Yielding 9.1%
The ETJ fund offers exposure to a diversified portfolio of large-cap stocks with an options overlay to reduce downside capture and portfolio volatility. The fund generates 40-50% of the market's retur...
5 Best CEFs To Buy This Month (January 2023)
For income investors, closed-end funds remain an attractive investment class that covers a variety of asset classes and promises high distributions and reasonable total returns. Closed-end funds are g...
ETJ: Equity Collar CEF, Needs Re-Tooling
Eaton Vance Risk-Managed Diversified Equity Income Fund is an equity collar closed-end fund. The CEF has a portfolio that mimics the S&P 500 and overlays the portfolio with written call options and lo...
ETJ: Better Relative Performance, But Still Lackluster Compared To Its History
ETJ has picked up in terms of relative performance against ETB and SPY. However, it still isn't showing the same defensive qualities it had historically.
ETJ: Good Strategy But Poor Portfolio For Current Environment
The poor performance of the market this year has led investors to require ways to protect their assets. ETJ was historically a great way to do this, as its collar strategy provides downside protection...
28 Prime-Buy August Reader Dividend Dogs
July 29 - August 31, 2022 readers mentioned 38 equities in their comments. Some lamented bad-news, so bad-news investments (rogues) mixed with (mostly) favorites. (Thus, these are ReFa/Ro.). Ten analy...
ETJ: Not Its Usual Self In 2022's Downturn
ETJ is generally the hedged Eaton Vance option that outperforms during downturns. This hasn't been playing out as well compared to its sister fund on a YTD basis, despite the drawdown in the market.
ETJ - 8.5% Yield, Well-Contained Risk
ETJ is a closed end fund that has current income as a primary objective. The fund employs an options collar strategy to extract yield from equities' upside and to protect the downside during market se...
ETJ: Protect Your Wealth With This Interesting CEF
The run-up in America's capital markets that we have seen over the past several years has seemingly created a very large bubble, creating risks to investors.