Eaton Vance Risk-Managed Diversified Equity Income Fund Announces Earnings Results for the Three and Nine Months Ended September 30, 2013
January 06, 2014 at 12:19 pm
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Eaton Vance Risk-Managed Diversified Equity Income Fund announced earnings results for the three months and nine months ended September 30, 2013. For the three months the company reported net investment income of $1,259,181 or $0.019 per common share against $1,657,000 or $0.022 per common share a year ago. Net realized and unrealized gains for the three months ended September 30, 2013 were $24,502,282 or $0.355 per common share against $23,736,063 or $0.324 per common share a year ago. Net increase in net assets from operations was $25,761,000 or $0.374 per common share compared to $25,393,000 or $0.346 per common share a year ago.
For the nine months ended September 30, 2013, the fund had net investment income of $4,650,771 or $0.067 per common share compared to $6,017,920 $0.082 per common share a year ago. Net realized and unrealized gains for the nine months ended September 30, 2013 were $66,718,805 or $0.956 per common share against $30,159,031 or $0.413 per common share a year ago. Net increase in net assets from operations was $71,369,000 or $1.023 per common share compared to $71,369,000 or $0.495 per common share a year ago. Net asset value per share outstanding was $12.16 against $12.27 a year ago.
Eaton Vance Risk-Managed Diversified Equity Income Fund (Fund) is a diversified, closed-end management investment company. The Fund's investment objective is to provide income and gains, with a secondary objective of capital appreciation. The Fund invests at least 80% of its total assets in a combination of dividend-paying common stocks, common stocks the value of which is subject to written put options on individual stocks, and common stocks the value of which is subject to written index call options. The Fund intends to buy put options and write call options primarily on the Standard and Poor's 500 (S&P 500) and also buy put options and write call options on other domestic and foreign stock indices. Its portfolio of investments includes communication services, information technology, financials, healthcare, consumer discretionary, consumer staples, pharmaceuticals, insurance, telecommunication services, materials, and others. The Fund's investment advisor is Eaton Vance Management.
EATON VANCE RISK-MANAGED DIVERSIFIED EQUITY INCOME FUND 
