# Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest (ETY) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Financial Services / Capital Markets. Price $14.44, market value $2.3 billion.

## Valuation
- **P/E (trailing): 5.2×** (5-yr avg 5.9×, 3-yr avg 5.9×). Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest trades at 5.2× trailing earnings, close to its own five-year average of 5.9×. The Financial Services median in the September 2026 study was 13.1×.
- **Price / sales: 7.4×**. Each dollar of revenue is priced at 7.4×.
- **Price / book: 0.9×**. The shares trade below book value, which can signal a bargain or a balance sheet the market doubts.
- **Earnings yield: 19.3%**. The inverse of the P/E: 19.3% of the price is earned each year.

## Profitability
- **Net margin: 99.5%**. 99.5% of each dollar of sales reaches the bottom line.
- **Return on equity: 12.3%**. 12.3% on shareholders' equity is solid.
- **Return on assets: 12.2%**. Each dollar of assets produces 12.2% of profit; low single digits are normal for banks and insurers.

## Growth
- **Revenue growth (1 yr): -55.1%**. Revenue fell 55.1% over the last year.
- **EPS growth (1 yr): -55.6%**. Earnings per share fell 55.6%, roughly in step with revenue.

## Dividends
- **Dividend yield: 8.24%** ($1.19 per share, trailing). Eaton Vance Tax-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest yields 8.24%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 2**. 2 straight years of increases.
- **Dividend growth (5 yr): 3.3%/yr** (1-yr 4.8%). The dividend has grown 3.3% a year over five years.

## Price and momentum
- **Total return (1 yr): -2.8%** (YTD -1.3%, 3-mo 1.1%). The shares are down 2.8% over twelve months including dividends.
- **From 52-week high: -9.9%** (10.1% above the low). Trading 10% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 49**. An RSI of 49 is neutral.
- **Beta (1 yr): 0.86** (volatility 14%). Beta of 0.86 against the S&P 500: the shares move roughly with the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=ETY · Page: https://foliofundamentals.com/stocks/ety

Not investment advice.