Does Eaton Vance Tax-Managed Diversified Equity Income Fund have an economic moat?

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) has a Quality factor score of 21/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the financial characteristics of a moated business.

Is Eaton Vance Tax-Managed Diversified Equity Income Fund a buy, hold, or sell?

MoatMap's current signal for Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is Sell, based on a StockRank of 24/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.

What sector is Eaton Vance Tax-Managed Diversified Equity Income Fund in?

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) operates in the Financial Services sector, specifically the Asset Management industry (United States).

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ETY

SELLREMOVE

Eaton Vance Tax-Managed Diversified Equity Income Fund · Financial Services · United States · $2.4B · Avg Vol: $3M/d

StockRank

P/E (TTM)

7.5x

ROE

12.6%

D/E

—

Dividend %

8.2%

Director Trades · 180d

None in 180d →

Buybacks · 180d

None in 180d →

AI CONVICTION THESIS

A closed-end tax-managed fund that does not fit our mandate of concentrated, high-conviction single-stock equity investing.

COMPANY DESCRIPTION

ETY is a closed-end fund that invests in a diversified portfolio of domestic large-cap common stocks and writes call options on the S&P 500 Index. The fund's primary objective is to provide current income and gains, utilizing a tax-managed strategy to optimize after-tax returns for shareholders. It is a prominent vehicle in the domestic buy-write space, leveraging Eaton Vance's institutional expertise in tax-efficient investing.

FINANCIAL SUMMARY (USD)

Year	2021	2022	2023	2024	2025	CAGR
Revenue	—	-293M	201M	684M	307M	23.7%
EPS	3.79	-1.89	1.27	4.35	—	4.7%
Shares	—	157M	157M	157M	159M	+1.4%
Debt	—	32M	6M	7M	17M	-20.1%
Equity	—	1.8B	1.8B	2.3B	2.5B	11.8%
Op CF	—	—	—	—	—	—
Inv CF	—	—	—	—	—	—
Fin CF	—	—	—	—	—	—

PRICE (1M)-1.6%

SMA 50SMA 200

$14.55

RSI (14)

39.4

52W High

$15.09

From 52W High

1.0%

SCORE BREAKDOWN

Quality

ROIC (ROA)

-0.2%*11.4

ROE

12.6%64.1

GP/Assets

0.7%5.6

Op. Margin

-34.5%3.8

FCF/Assets

—N/A

Piotroski

—20.6

Int. Cover

—N/A

D/E Ratio

—N/A

Current Ratio

0.17x7.3

Value

P/E (TTM)

7.5x81.0

EV/EBITDA

—N/A

P/FCF

—N/A

P/B

0.9x62.4

P/S

124.4x1.3

Div Yield

8.2%90.0

Momentum

52W High %

96%72.9

RS 6M

-10%39.0

SMA 50/200

1.00x34.8

EPS Rev 4W

—N/A

EPS Rev 12W

—N/A

EPS Improve

—N/A

Q Growth

8%41.7

FUNDAMENTALS

Market Cap

$2.4B

P/E (Forward)

—

Gross Margin

100.0%

SECTOR PEERS

Closest peers in Financial Services, ranked by industry match, size, and score similarity. Cross-listings of ETY are excluded.

Ticker	Company	Mkt Cap	StockRank	Signal
ETY	Eaton Vance Tax-Managed Diversified Equity Income Fund(you)	$2.4B	24	SELL
EXG	Eaton Vance Tax-Managed Global Diversified Equity Income Fund	$2.9B	25	SELL
AB	AllianceBernstein Holding L.P.	$3.5B	24	SELL
QQQX	Nuveen Nasdaq 100 Dynamic Overwrite Fund	$1.5B	25	SELL
USA	Liberty All-Star Equity Fund	$1.8B	20	SELL
CLM	Cornerstone Strategic Investment Fund, Inc.	$2.3B	34	SELL
ECAT	BlackRock ESG Capital Allocation Term Trust	$1.5B	27	SELL
BST	BlackRock Science and Technology Trust	$1.7B	30	SELL
EOS	Eaton Vance Enhanced Equity Income Fund II	$1.2B	27	SELL
BSTZ	BlackRock Science and Technology Term Trust	$2.1B	38	HOLD

Peer medians: ROE 10.8% · P/E 13.6x · Gross margin 0.0%

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) — Stock Score Summary

Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) has a MoatMap StockRank of 24/100 based on Quality (21/100), Value (49/100), and Momentum (45/100) factor scores. The current signal is SELL. A closed-end tax-managed fund that does not fit our mandate of concentrated, high-conviction single-stock equity investing.

Key Financial Metrics

Price	$14.55
Market Cap	$2.4B
P/E (TTM)	7.51
Price/Book	0.93
Return on Equity	12.6%
Gross Margin	100.0%
Operating Margin	-34.5%
Revenue Growth	-0.5%
Dividend Yield	8.2%

Eaton Vance Tax-Managed Diversified Equity Income Fund operates in the Asset Management industry, part of the Financial Services sector (United States).

Frequently Asked Questions

What is Eaton Vance Tax-Managed Diversified Equity Income Fund’s (ETY) StockRank?: MoatMap’s StockRank for Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is 24/100, with a Sell signal. It is a composite of Quality (21), Value (49), and Momentum (45) factor ranks across MoatMap’s 20,000+ stock universe.
Does Eaton Vance Tax-Managed Diversified Equity Income Fund have an economic moat?: Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) has a Quality factor score of 21/100. The Quality factor combines ROIC, Piotroski F-Score, and leverage — the financial fingerprints of a durable competitive advantage. A Quality score above 70 typically indicates a company with the characteristics of a moated business.
Is Eaton Vance Tax-Managed Diversified Equity Income Fund a buy, hold, or sell?: MoatMap’s current signal for Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) is Sell, based on a StockRank of 24/100. Signals are derived mechanically from the StockRank composite and should be one input among many — combine with your own thesis on management, competitive position, and valuation.
What sector is Eaton Vance Tax-Managed Diversified Equity Income Fund in?: Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) operates in the Financial Services sector, specifically the Asset Management industry (United States).