AllianceBernstein National Municipal Income Fund (AFB) vs Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Eaton Vance Tax-Managed Diversified Equity Income Fund trades at a lower trailing P/E (5.1x vs 11.7x for AllianceBernstein National Municipal Income Fund). Eaton Vance Tax-Managed Diversified Equity Income Fund offers the higher dividend yield (8.37% vs 5.78%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | AFB | ETY |
|---|---|---|
| Share price | $9.37 | $14.21 |
| 1-day change | +0.64% | -0.07% |
| P/E ratio (TTM) | 11.71 | 5.11 |
| EPS (TTM) | $0.80 | $2.78 |
| Dividend yield | 5.78% | 8.37% |
| Annual dividend | $0.542 | $1.19 |
| 52-week high | $11.50 | $15.90 |
| 52-week low | $9.28 | $13.12 |
| Distance from 52-week high | -18.52% | -10.63% |
| Analyst consensus | — | buy |
| Average volume | 100.33K | 302.42K |
| Sector | Finance | Finance |
| Industry | Trusts Except Educational Religious and Charitable | Finance Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- AllianceBernstein National Municipal Income Fund trades at a higher earnings multiple (11.7x vs 5.1x trailing P/E).
- Eaton Vance Tax-Managed Diversified Equity Income Fund offers a meaningfully higher dividend yield (8.37% vs 5.78%).
About AllianceBernstein National Municipal Income Fund
AFB stock →AllianceBernstein National Municipal Income Fund, Inc. is a closed-ended fixed income mutual fund launched and managed by AllianceBernstein L.P.
Finance · Trusts Except Educational Religious and Charitable
About Eaton Vance Tax-Managed Diversified Equity Income Fund
ETY stock →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.
Finance · Finance Companies
AFB vs ETY FAQ
Which has the lower P/E ratio, AFB or ETY?
ETY has the lower trailing P/E at 5.1, versus 11.7 for AFB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, AllianceBernstein National Municipal Income Fund or Eaton Vance Tax-Managed Diversified Equity Income Fund?
Eaton Vance Tax-Managed Diversified Equity Income Fund has the higher yield at 8.37%, compared with 5.78% for AllianceBernstein National Municipal Income Fund.
Are AllianceBernstein National Municipal Income Fund and Eaton Vance Tax-Managed Diversified Equity Income Fund in the same industry?
Both are in the Finance sector, but in different industries: Trusts Except Educational Religious and Charitable for AllianceBernstein National Municipal Income Fund and Finance Companies for Eaton Vance Tax-Managed Diversified Equity Income Fund.