Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ)
Eaton Vance Risk-Managed Diversified Equity Income Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $8.51, down 0.35% on the session, giving a market capitalisation of $572.7M. On trailing twelve-month figures it carries a trailing P/E of 11.50, a net margin of 150.3%. Its beta of 0.77 implies it has historically moved less than the broad market.
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. It benchmarks the performance of its portfolio against the S&P 500 Index and the Barclays U.S. Aggregate Bond Index. Eaton Vance Risk-Managed Diversified Equity Income Fund was formed on July 31, 2007 and is domiciled in the United States.
Eaton Vance Risk-Managed Diversified Equity Income Fund is most often compared with the following Financial Services names: