More about High-Yield Cash Accounts with M1
Brokerage Accounts
Retirement Accounts
Other Accounts
Quotes are delayed by 15 minutes.
1D
1W
1M
3M
6M
YTD
1Y
2Y
5Y
ALL
AUM
$2.31B
P/E ratio
31
Dividend yield
7.6357%
Expense ratio
1.06%
Beta
1.005482
Previous close
$14.62
Today's open
$14.55
Day's range
$14.55 - $14.68
52 week range
$13.12 - $16.03
Industries
Technology
NVDA
Nvidia Corp.
8.94%
6.75%
ETY: Attractive Discount Presents Opportunity To Accumulate
Eaton Vance Tax-Managed Diversified Equity Income Fund offers high-quality equity exposure with an 8.1% yield, and is now trading at a 6.35% NAV discount. ETY's option-writing strategy amplifies income but may cap upside and increase vulnerability during downturns, as seen in 2022 losses. Recent annual report shows earnings outpace distributions, supporting income stability and NAV growth, especially with technology sector alignment.
Seeking Alpha • Apr 27, 2026

This Surging 8.2% Dividend Proves The Economy Is Fine
Wall Street and the press have it all wrong on the US economy. Here's the truth:
Forbes • Apr 21, 2026

ETY: This Option-Income Fund Could Be Riskier Than Commonly Believed
Eaton Vance Tax-Managed Diversified Equity Income Fund offers a 7.97% yield via equity exposure and an options strategy, appealing to income-focused investors. ETY's yield is achieved through realized capital gains and short-term naked S&P 500 index call options, not primarily from portfolio dividends. ETY underperforms peers on yield and trades at a smaller discount to NAV, but its ten-year total return is competitive within its category.
Seeking Alpha • Feb 17, 2026

ETY: Discount Remains Narrow For This Monthly Payer
The Eaton Vance Tax-Managed Diversified Equity Income Fund offers a 7.81% monthly yield, emphasizing tax-favorable distributions for taxable accounts. ETY employs a partial overwrite strategy, targeting ~50% notional value on laddered S&P 500 index call options to balance income and upside participation. While ETY underperformed the S&P 500 during strong bull runs, it outperformed the CBOE S&P 500 BuyWrite Index and matched newer call-writing ETFs on NAV returns.
Seeking Alpha • Feb 17, 2026

Shaker Financial Doubles Down on ETY With 209K Shares Purchase, According to Recent SEC Filing
Bought 209,180 shares; estimated trade size $3.21 million (based on quarterly average pricing) Quarter-end position value increased by $3.21 million due to the initiation of a new position The new ETY position represents 1.02% of 13F reportable assets under management New position places ETY outside the fund's top five holdings, representing 1.02% of reportable AUM CEO says this is worth 18 Nvidias. Will this make the world's first trillionaire?
The Motley Fool • Jan 27, 2026

ETY: Suitable For Investors Seeking Consistent Income
Eaton Vance Tax-Managed Diversified Equity Income Fund delivered a 2.9% share price gain and 11.3% total return over twelve months. ETY provides a 7.6% starting dividend yield, distributed monthly, appealing to income-focused investors. The fund primarily invests in North American equities, ensuring broad diversification and consistent income generation.
Seeking Alpha • Dec 4, 2025

Top 10 Income Funds From Eaton Vance (November Update)
Eaton Vance's top taxable closed-end funds offer attractive yields, discounts to NAV, and strong long-term returns, making them appealing for income-focused investors. Current market volatility has widened discounts to NAV, creating buying opportunities which I highlight in the article. I prioritize funds trading at an 8%+ yield and significant NAV discounts, with a preference for those using tax-advantaged strategies and diversified asset mixes.
Seeking Alpha • Nov 21, 2025

ETY: An Excellent Options Fund With Solid History, Is It A Buy?
Eaton Vance Tax-Managed Diversified Equity Income offers a strong blend of income and growth, with a 7.5% yield and long-term returns matching the S&P 500. The fund uses a covered call strategy on large-cap, growth-oriented stocks, limiting upside but reducing volatility and drawdowns. ETY has a solid record of nearly 19 years, providing its owners with high income and reasonable capital appreciation at the same time.
Seeking Alpha • Sep 14, 2025

ETY: Strong Performance, Trading At A Premium To NAV
I rate ETY a Hold for income-focused, long-term investors due to its 2.57% premium to NAV and strong historical returns. ETY offers a 7.45% yield through monthly distributions, primarily from US stocks and S&P 500 call option premiums, with no leverage or fixed income exposure. The fund's consistent income, solid 10-year total return, and risk management make it attractive, but current valuation limits new buying opportunities.
Seeking Alpha • Sep 8, 2025

Top 10 Income Funds From Eaton Vance
Eaton Vance's top taxable closed-end funds offer reliable monthly income, strong long-term returns, and are managed by highly skilled teams with proven track records. I prioritize funds trading at a discount to NAV with distribution yields near or above 8%, focusing on both income and capital appreciation potential. For total return, EOS and EOI are top picks; for dividend income, EVT (domestic) and ETG (global) provide diversification and attractive yields.
Seeking Alpha • Jul 29, 2025

¹ Disclosures

Open an M1 investment account to buy and sell Eaton Vance Tax-Managed Diversified Equity Income Fund of Beneficial Interest commission-free¹. Build wealth for the long term using automated trading and transfers.