Is Eaton Vance Risk-Managed Diversified Equity Income Fund overvalued?

Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) looks fairly valued — trading about 8% below its fair value.

Fairly valued

Price

$8.34

Fair value

$9.02

Current P/E

8.6

Normal P/E

9.3

Market cap

$561.3M

Dividend yield

8.9%

Return on equity

7.7%

Sector

Financial Services

Fair value compares ETJ's current P/E to its own historical "normal" P/E (FAST Graphs-style). Updated 1 Jul 2026.

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