Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) Stock Analysis

Company Overview

Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) carries a market capitalisation of $566.01M. It is classified in the Asset Management industry, within the Financial Services sector.

ETJ last closed at $8.41 on September 4, 2026. That is −$0.02 (−0.24%) against the previous close. The 52-week range on file runs from $7.88 to $9.12. The latest close sits 6.73% above that 52-week low.

Financial Health

The most recent full year on file, fiscal 2025, shows revenue of $50.66M. That is −62.64% against the prior fiscal year, when revenue was $135.60M. The same year closed with net income of $49.92M. That is −63.02% against the prior fiscal year. The reported profit margin is 0%. That is 24.1 percentage points below the Asset Management median of 24.09%. Earnings per share on a trailing basis come to 0.29.

Across the 4 fiscal years on file, revenue moves from −$100.20M in 2022 to $50.66M in 2025. Of those 4 years, 3 report positive net income.

Valuation Assessment

The trailing P/E ratio stands at 29. That is 180.46% above the Asset Management median of 10.34. 561 Asset Management companies report these metrics, and the medians quoted come from that group.

Annualized volatility over the trailing 10 years is 17.98%. The trailing one-year price return is +0.72%. Across 10 years the annualized return works out at +8.18%.

Growth & Income

ETJ pays a dividend yielding 9.27%. That is 1.2 percentage points above the Asset Management median yield of 8.11%. The indicated annual rate is $0.78 a share. The ex-dividend date on file is September 15, 2026. Dividends are recorded for 11 calendar years; 2026 shows 8 payments totalling $0.52 a share. The year before, 2025, totalled $0.78 a share.

2026 is still running; the price is +0.57% year to date. The strongest complete calendar year on file is 2024 at +29.54%; the weakest is 2022 at −22.74%. Of the 9 complete calendar years on file, 7 finished higher.