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Eaton Vance Tax-Managed Diversified Equity Income Fund of Beneficial Interest (ETY)

$15.45

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Key data on ETY

AUM

$2.43B

P/E ratio

29.5

Dividend yield

7.5389%

Expense ratio

1.07%

Beta

0.994653

Price on ETY

Previous close

$15.62

Today's open

$15.62

Day's range

$15.41 - $15.66

52 week range

$11.82 - $16.03

Profile about ETY

Headquarters

US

Exchange

New York Stock Exchange

Issue type

Common Stock

ETY industries and sectors

Industries

Technology

Top holdings in ETY
News on ETY

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.

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Seeking Alpha • Dec 4, 2025

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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.

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Seeking Alpha • Nov 21, 2025

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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.

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Seeking Alpha • Sep 14, 2025

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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.

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Seeking Alpha • Sep 8, 2025

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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.

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Seeking Alpha • Jul 29, 2025

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ETY Can Provide Investors An Income Approach To S&P 500 Returns

ETY offers a diversified, tax-managed equity income strategy with a robust 7.69% yield, primarily from equity and option income performance. The fund is overweight in the tech and consumer sectors, with significant AI exposure, positioning it for continued growth as AI adoption expands. ETY's performance has recently outpaced peers and the S&P 500 in the short term, but long-term returns lag behind lower-fee ETFs like SPY on a total return basis.

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Seeking Alpha • Jul 2, 2025

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ETY: A Diverse Option ETF For Long Term Investors

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) offers high monthly income through an option strategy, with a current dividend yield of 8.9%. ETY's portfolio is heavily weighted in Technology, Communication Services, and Financials, with top holdings in Microsoft, Apple, and NVIDIA. The fund trades at a slight discount to NAV, and its conservative dividend payouts have preserved investor capital despite market volatility.

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Seeking Alpha • Apr 18, 2025

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ETY: Solid Performance And Monthly Distribution

Eaton Vance Tax-Managed Diversified Equity Income Fund has outperformed the S&P 500 Index since our last update, driven by a narrowing discount and strong underlying portfolio performance. ETY employs an S&P 500 Index-esque portfolio with a call-writing strategy, overwriting around 50% of the portfolio to potentially generate current cash flow for the monthly distribution. Despite solid long-term performance, ETY is rated as a 'Hold' due to its valuation, with the discount to NAV narrowing significantly.

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Seeking Alpha • Feb 10, 2025

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ETY: Nearly 8% Income Yield, Long-Term Growth, But Expensive

The Eaton Vance Tax-Managed Diversified Equity Income is a closed-end fund that primarily invests in large capitalized high-growth equity holdings. It also utilizes call overlay on nearly 60% of its portfolio. ETY offers an attractive 7.8% distribution yield and is currently trading at a small discount of roughly 1%. It is a reasonably good bet on getting consistent high income and still nearly matching the total returns of the S&P500 over the long term.

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Seeking Alpha • Feb 2, 2025

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5 Best CEFs This Month For 9% Yield (December 2024)

For income investors, closed-end funds remain an attractive investment class that covers various asset classes and promises high distributions and reasonable total returns. Closed-end funds, or CEFs, are generally characterized by higher volatility and deeper drawdowns than the broader market. For these reasons, they are not suited for everyone. In this monthly series, we highlight five CEFs with solid track records that pay high distributions and offer "excess" discounts. We try to separate the wheat from the chaff using our filtering process to select just five CEFs every month from around 500 closed-end funds.

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Seeking Alpha • Dec 29, 2024

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