Eaton Vance Risk-Managed Diversified Equity Income Fund Reports Earnings Results Year Ended December 31, 2011
February 15, 2012
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Eaton Vance Risk-Managed Diversified Equity Income Fund reported earnings results year ended December 31, 2011. For the period, the fund reported net investment income of $5,652,356 or $0.077 per common share against $8,200,297 or $0.113 per common share for the year ended December 31, 2010. Net realized and unrealized losses were $46,167,491 or $0.629 per common share $0.253 per common share. On December 31, 2011, net assets of the fund were $922,225,709. The net asset value per common share on December 31, 2011 was $12.64 against $16.41 a year ago. Net decrease in net assets from operations was $40,515,135. Total loss from operations was $0.552 per share against $0.140 per share a year ago. Total investment income was $16,403,347.
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 
