ETY - Eaton Vance TaxManaged Diversified Equity Income Fund Stock Price & Dividend Safety Sector: Financial Services | Exchange: New York Stock Exchange Current Price & Safety Score Price: 13.73 USD StockBonds Safety Grade: C- Altman Z-Score (Bankruptcy Risk): 32.78 StockBond Score: -2.81 Company Description The Eaton Vance TaxManaged Diversified Equity Income Fund is a closedend equity fund overseen by Eaton Vance Management Its investment strategy focuses on public equity markets worldwide targeting companies across a variety of sectors with a particular emphasis on those that pay dividends To generate additional current income the fund also sells SP 500 Index call options on a portion of its common stock holdings profiting from the premiums collected Geographically it typically allocates capital to issuers in a minimum of three countries including the United States Furthermore derivatives are utilized as part of its investment toolkit Its performance is measured against a composite benchmark consisting of 80 SP 500 Index and 20 FTSE Eurotop 100 Index Established on November 30 2006 the fund is domiciled in the United States