ETJ: Hedge Yourself Against Economic Volatility With This CEF [Seeking Alpha]
Eaton Vance Risk-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest (ETJ)
US:NYSE Investor Relations:
funds.eatonvance.com/risk-managed-diversified-equity-income-fund-etj.php
Company Research
Source: Seeking Alpha
ETJ: Hedge Yourself Against Economic Volatility With This CEF Summary There are a number of economic indicators that create concerns that the economy may be heading into a recession in the near-term. This would create much more volatility in the market than what we have seen thus far. ETJ offers an excellent way for an investor to hedge this exposure due to it using an options strategy to hedge against downside risk. The fund boasts a very appealing 9.7% yield that is tax-advantaged. The fund trades at a slight premium, but it may be worth paying this premium to obtain the insurance protection. Over much of the course of this year, we have seen a growing amount of uncertainty about the future of the economy. This uncertainty has been reflected in the markets, which have been very volatile. Indeed, anyone that has watched the performance of the S&P 500 since early May would attest to this. If we include the performance that we saw in the fourth quarter of 2018, then this uncertainty be
Show less
Read more
Impact Snapshot
Event Time:
ETJ
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
ETJ alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
ETJ alerts
High impacting Eaton Vance Risk-Managed Diversified Equity Income Fund Common Shares of Beneficial Interest news events
Weekly update
A roundup of the hottest topics
ETJ
Sec Filings
- 11/27/24 - Form NPORT-P
- 10/10/24 - Form 424B3
- 10/10/24 - Form 8-K
- ETJ's page on the SEC website