Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) - Expect Continued Underperformance

The Eaton Vance Risk-Managed Diversified Equity Income Fund (ETJ) is a closed-end fund that aims to provide high current income from a diversified equity portfolio. However, the fund has underperformed in the past and is expected to continue doing so due to its high leverage and reliance on options to generate returns.