Central and Eastern Europe Fund (CEE) 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 7, 2026.
Summary
On valuation, Central and Eastern Europe Fund trades at a lower trailing P/E (2.8x vs 5.1x for Eaton Vance Tax-Managed Diversified Equity Income Fund). Eaton Vance Tax-Managed Diversified Equity Income Fund offers the higher dividend yield (8.37% vs 2.08%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | CEE | ETY |
|---|---|---|
| Share price | $18.62 | $14.22 |
| 1-day change | -0.16% | -0.35% |
| P/E ratio (TTM) | 2.78 | 5.12 |
| EPS (TTM) | $6.69 | $2.78 |
| Dividend yield | 2.08% | 8.37% |
| Annual dividend | $0.387 | $1.19 |
| 52-week high | $21.98 | $15.91 |
| 52-week low | $14.76 | $13.12 |
| Distance from 52-week high | -15.29% | -10.62% |
| Average volume | 22.71K | 298.97K |
| Sector | Finance | Finance |
| Industry | Finance Companies | 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
- Eaton Vance Tax-Managed Diversified Equity Income Fund trades at a higher earnings multiple (5.1x vs 2.8x trailing P/E).
- Eaton Vance Tax-Managed Diversified Equity Income Fund offers a meaningfully higher dividend yield (8.37% vs 2.08%).
CEE vs ETY FAQ
Which has the lower P/E ratio, CEE or ETY?
CEE has the lower trailing P/E at 2.8, versus 5.1 for ETY. 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, Central and Eastern Europe 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 2.08% for Central and Eastern Europe Fund.
Are Central and Eastern Europe Fund and Eaton Vance Tax-Managed Diversified Equity Income Fund in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.