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

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.

Seeking Alpha • Jul 2, 2025

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.

Seeking Alpha • Apr 18, 2025