# Eaton Vance Fund Raises Monthly Distribution 10.3% to $0.1094 Per Share

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/47799
Published: 2026-11-03T15:46:09.000Z
Updated: 2026-11-03T15:46:09.000Z
Section: Investing

> Eaton Vance announced the payment Nov. 2. The distribution rate was 9.62%, based on the fund’s $13.65 closing price on Oct. 30.

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) raised its monthly distribution 10.3% to $0.1094 per share, increasing the cash payment scheduled for shareholders later this month.

The new amount is $0.0102 above the previous $0.0992 payment. Eaton Vance announced the distribution Nov. 2 and set Nov. 16 as both the ex-dividend date and record date. Payment is scheduled for Nov. 30.

The fund’s distribution rate at market price is 9.62%, based on its $13.65 closing price on Oct. 30. The rate reflects the announced distribution and that share price.

ETY is a closed-end fund that primarily seeks income and gains, with capital appreciation as a secondary goal. Its managed distribution plan allows payments to include investment income, realized gains or return of capital. The distribution amount alone does not measure the fund’s investment performance or establish its yield.

The tax character of the November distribution will be determined after year-end and reported to shareholders on Form 1099-DIV.