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) announced a monthly dividend on Monday, June 1st. Investors 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 Stock Down 0.4%

ETJ opened at $8.50 on Tuesday. The firm’s fifty day moving average price is $8.33 and its 200 day moving average price is $8.60. Eaton Vance Risk-Managed Diversified Equity Income Fund has a 12-month low of $7.88 and a 12-month 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.