EATON VANCE R.-M.DIV.EQ.I

The Eaton Vance Risk-Managed Diversified Equity Income Fund, $8.03 closing market price, was built for this kind of a market. With its long-put options on the S&P 500 covering 96% of the closed-end fund's notional value, those Puts are kicking in now as they move into the money. Not only that, ETJ sells (writes) Call options on the S&P 500, which has been bringing in income to help support ETJ's 9.0% market yield, paid monthly.» Mehr auf seekingalpha.com

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their February distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.» Mehr auf businesswire.com

Eaton Vance Risk-Managed Diversified Equity Income Fund employs an options collar strategy, combining covered calls and index puts for a defensive approach. ETJ's historical performance has been mixed, underperforming in bull markets but then catching up during downturns like Covid, though it struggled in the 2022 tech-driven bear market. The fund offers a regular monthly distribution with an 8.46% yield, appealing for those seeking income and a hedge, but the mixed results can give pause.» Mehr auf seekingalpha.com