Sometimes as income investors we face a situation that sounds like a good problem to have: We have to pick among a group of very impressive investments!
Eaton Vance Tax-Managed Diversified Equity Income Fund offers high current income through equity investments, potentially protecting against inflation. The Fund boasts an 8.43% yield, slightly above peers, making it attractive to income-seeking investors. The Fund's distribution is sustainable, covering expenses with substantial capital gains, and currently trades at a 3.68% discount to net asset value.