US · ETY
Eaton Vance Tax-Managed Diversified Equity Income Fund
- Sector
- Financial Services · Asset Management - Income
- Headquarters
- Boston, MA 02110
- Website
- funds.eatonvance.com
Price · as of 2024-10-31
$15.00
Market cap 2.35B
Valuation summary
Four models, one snapshot. Upside is target ÷ current − 1.
| Valuation method | Value, $ | Upside, % |
|---|---|---|
| Artificial Intelligence(AI) | $91.17 | +507.8% |
| Intrinsic Value(DCF) | $5.75 | -61.67% |
| Graham-Dodd Method(GD) | $36.59 | +143.95% |
| Graham Formula(GF) | $2,327.87 | +15,419.14% |
Valuation history
Annual price (USD per share) overlaid with each model's fair value. Y-axis is log scale.
| Year | Price | AI | DCF | Graham-Dodd | Graham Formula |
|---|---|---|---|---|---|
| 2010 | |||||
| 2011 | |||||
| 2012 | $3.16 | ||||
| 2013 | $3.88 | $29.10 | $0.00 | $21.84 | $60.10 |
| 2014 | $4.34 | $30.82 | $0.00 | $19.77 | $73.22 |
| 2015 | $4.45 | $28.17 | $4.09 | $15.44 | $0.00 |
| 2016 | $4.84 | $28.41 | $6.84 | $11.84 | $0.00 |
| 2017 | $6.19 | $48.47 | $0.00 | $21.13 | $495.21 |
| 2018 | $5.93 | $29.57 | $0.00 | $16.54 | $0.00 |
| 2019 | $7.60 | $32.98 | $0.00 | $16.99 | $58.36 |
| 2020 | $8.12 | $35.67 | $7.82 | $15.41 | $0.00 |
| 2021 | $10.43 | $212.89 | $0.00 | $33.51 | $5,998.45 |
| 2022 | $8.54 | $30.15 | $0.00 | $2.02 | $111.84 |
| 2023 | $9.96 | $39.03 | $7.85 | $18.00 | $0.00 |
| 2024 | $13.54 | $91.17 | $0.00 | $36.59 | $2,327.87 |
AI valuation
Our deep-learning model estimates Eaton Vance Tax-Managed Diversified Equity Income Fund's (ETY) per-share fair value from quarterly fundamentals, sector trend, and historical valuation patterns.
- AI fair value
- $91.17
- Current price
- $15.00
- AI upside
- +507.8%
Methodology and confidence bands appear in the dedicated valuation theory section. The AI score is an estimate, not a recommendation.
Intrinsic value (DCF)
Open DCF calculatorThree textbook valuation models, recomputed daily from the latest financial statements. The DCF uses our Chepakovich model. Graham-Dodd and Graham Formula are conservative reference points.
DCF
$5.75
-61.67% upside
Graham-Dodd
$36.59
+143.95% upside
Graham Formula
$2,327.87
+15,419.14% upside
Peer comparison
Same-industry comparables, ranked by market cap.
| Basic Info | Model Valuation | Core Valuation | Profitability | Leverage & Liquidity | Growth | Cash Flow | Dividends | Enterprise Value | Risk | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Ticker | Company Name | Price | Market Cap | AI Upside | DCF Upside | GD Upside | GF Upside | P/E | P/B | P/S | EV/EBITDA | PEG | P/TBV | Gross Margin | Operating Margin | Net Margin | ROE | ROIC | ROA | Debt/Equity | Interest Coverage | Current Ratio | Quick Ratio | Net Debt/EBITDA | EPS Growth | Sales Growth | FCF Growth | FCF Yield | Op Cash Flow Ratio | Cash ROIC | Dividend Yield | Dividend Payout | Shareholder Yield | EV/EBIT | EV/FCF | EV/Sales | Altman Z-Score |
| ETY | Eaton Vance Tax-Managed D… | $15.00 | 2.35B | +508% | -62% | +144% | +15,419% | 3.12 | 0.91 | 11.26 | 3.10 | 1.29 | 0.91 | 88.13% | 360.81% | 360.81% | 32.65% | 32.69% | 32.55% | 0.00 | — | 0.32 | 0.63 | 0.00 | 24173.00% | 55267.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | 3.12 | — | 11.25 | 190.52 |
| ETG | Eaton Vance Tax-Advantage… | $23.04 | 1.76B | +57% | -21% | -8% | — | 5.45 | 1.00 | 12.37 | 6.19 | — | 1.00 | 87.86% | 240.17% | 227.02% | 19.49% | 16.92% | 15.91% | 0.21 | 18.48 | 0.00 | 7.02 | 1.07 | -1696.00% | -6353.00% | -7304.00% | 1.68% | 6.18 | 1.46% | 6.68% | 36.40% | 6.68% | 6.19 | 71.63 | 14.87 | 3.74 |
| EXG | Eaton Vance Tax-Managed G… | $9.66 | 2.96B | +304% | +9% | +27% | — | 7.37 | 0.78 | 28.70 | 2.51 | — | 0.78 | 60.41% | 389.45% | 389.45% | 10.75% | 10.87% | 10.61% | 0.00 | — | 0.14 | 3.61 | 0.00 | -14942.00% | -11278.00% | — | 0.00% | 0.00 | 0.00% | 0.00% | 0.00% | 0.06% | 7.16 | — | 27.88 | 48.36 |
| GOF | Guggenheim Strategic Oppo… | $12.00 | 1.95B | +81% | -50% | — | — | 13.98 | 1.06 | 12.23 | 16.29 | — | 1.06 | 88.65% | 87.48% | 87.48% | 8.20% | 6.91% | 6.52% | 0.19 | 7.71 | 0.64 | 0.64 | 2.31 | -2222.00% | -862.00% | 54319.00% | -8.52% | -1.48 | -8.23% | 14.13% | 197.50% | 14.13% | 16.29 | -13.67 | 14.25 | 2.64 |
| JPC | Nuveen Preferred & Income… | $8.21 | 2.93B | +295% | -62% | -98% | +396% | 10.14 | 0.98 | 8.23 | 12.09 | — | 0.98 | 88.26% | 108.04% | 81.16% | 9.74% | 8.61% | 6.00% | 0.59 | — | 0.16 | 0.19 | 4.54 | -3529.00% | 4653.00% | -34782.00% | 7.74% | 0.37 | 5.07% | 9.97% | 101.00% | 9.97% | 12.09 | 20.52 | 13.06 | 1.04 |
| NZF | Nuveen Municipal Credit I… | $12.95 | 2.51B | +94% | -61% | -100% | — | 41.47 | 0.98 | 11.79 | 33.55 | — | 0.98 | 87.35% | 59.05% | 28.42% | 2.30% | 2.91% | 1.37% | 0.68 | 1.93 | 0.00 | 5.88 | 13.86 | -8712.00% | -5451.00% | -6632.00% | 2.75% | 2.58 | 1.60% | 7.59% | 315.00% | 7.59% | 33.55 | 61.14 | 19.81 | 0.91 |
| PTY | PIMCO Corporate & Income … | $12.79 | 2.45B | +161% | -52% | -85% | +414% | 8.75 | 1.07 | 8.36 | 9.66 | 34.99 | 1.07 | 95.72% | 95.60% | 95.60% | 13.52% | 11.92% | 11.15% | 0.11 | 22.32 | 1.09 | 1.09 | 0.92 | 2500.00% | 3577.00% | -18036.00% | -4.49% | -1.41 | -4.68% | 9.08% | 79.40% | 10.71% | 9.66 | -24.60 | 9.24 | 3.80 |
About Eaton Vance Tax-Managed Diversified Equity Income Fund
Eaton Vance Tax-Managed Diversified Equity Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in dividend paying stocks of companies. It also writes S&P 500 Index call options with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received. The Fund also normally invests in issuers located in at least three countries including the United States. It also invests through derivatives. The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80% S&P 500 Index and 20% FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Diversified Equity Income Fund was formed on November 30, 2006 and is domiciled in the United States.
- CEO
- Michael A. Allison CFA
- Employees
- 0
- Beta
- 0.99
Disclaimer: Information on this page is provided for educational purposes only and does not constitute investment advice. Upside computed as ($5.75 ÷ $15.00) − 1 = -61.67% (DCF, example).