Eaton Vance Tax-Managed Diversified Equity Income Fund Announces First Quarterly Distribution
12 January 2007 - 2:37AM
Business Wire
Eaton Vance Tax-Managed Diversified Equity Income Fund (NYSE: ETY)
(the �Fund�), a closed-end management investment company, today
declared its initial quarterly distribution of $0.4625 per share.
The distribution will be paid on February 28, 2007, to shareholders
of record on February 21, 2007. The ex date is February 16, 2007.
The Fund commenced operations on November 30, 2006. The amount of
quarterly distributions may vary depending on a number of factors.
As portfolio and market conditions change, the rate of
distributions may change. The Fund seeks to provide current income
and gains, with a secondary objective of capital appreciation. At
this time, the Fund believes that a portion of the distribution may
be a return of capital. Further information will be available prior
to the payment date at www.eatonvance.com/closed_end/index.php .
The final determination of tax characteristics of the Fund�s
distributions will occur after the end of the year, at which time
it will be reported to shareholders. The Funds are managed by Eaton
Vance Management, a subsidiary of Eaton Vance Corp., which is
listed on the New York Stock Exchange under the symbol EV. Eaton
Vance and its affiliates had $128.9 billion in assets under
management on October 31, 2006. Eaton Vance will make available
periodic summary information regarding the Funds� portfolio
investments. Those interested should call Eaton Vance Management at
800-262-1122.
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