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15.44000 USD
0.03
0.19%
Last update Oct 17, 3:59 PM EDT
Market closed
Day range
15.35000
15.5
Previous close
15.41000
Open
15.41000
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Eaton Vance Tax-Managed Diversified Equity In...
15.44
0.03
0.19%

Overview

Description

Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-end equity mutual fund with a primary objective of providing current income and gains, and a secondary objective of capital appreciation. The fund invests in a diversified portfolio of both domestic and foreign common stocks, with a notable emphasis on dividend-paying companies. A distinctive feature of this fund is its strategy of writing (selling) S&P 500 Index call options on a portion of its equity holdings, which is designed to generate additional current cash flow through option premiums. To further enhance shareholder value, the fund actively manages its distributions with a tax-management focus, seeking to minimize and defer federal income taxes for its investors. Distributions are paid monthly, and the fund’s managed distribution plan often results in a portion of payouts being classified as return of capital. This approach aims to provide consistent income while addressing tax efficiency. Eaton Vance Tax-Managed Diversified Equity Income Fund plays a significant role for investors seeking diversified global equity exposure, a steady income stream, and tax-sensitive investment management within their portfolios.

About

CEO
Employees
0
Address
One Post Office Square
Boston, 02109, MA
United States
Phone
617 482 8260
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS
Market closed

Exchange is currently closed (non-working day)
Pre-market opens in 2 days 1 hour 19 minutes

02:40
00:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).