Eaton Vance Risk-Managed Diversified Equity Income Fund Reports Earnings Results for the Fourth Quarter and Year Ended December 31, 2012
March 12, 2013 at 11:24 am
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Eaton Vance Risk-Managed Diversified Equity Income Fund reported earnings results for the fourth quarter and year ended December 31, 2012. For the quarter, the fund had net investment income of $3,476,671 or $0.049 per common share against $1,952,956 or $0.026 per common share for same period a year ago. Net realized and unrealized losses for the three months ended December 31, 2012 were $9,674,394 or $0.132 per common share against gain of $16,364,554 or $0.228 per common share a year ago.
For the year, the fund had net investment income of $9,494,591 or $0.131 per common share against $5,652,356 or $0.077 per common share for same period a year ago. Net realized and unrealized gains for the year ended December 31, 2012 were $20,484,637 or $0.281 per common share against loss of $46,167,491 or $0.629 per common share a year ago. Net asset value per common share as on December 31, 2012 was $11.95 against $12.64 as on December 31, 2011.
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 
