Eaton Vance Floating Rate Income (EFT) 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, Eaton Vance Tax-Managed Diversified Equity Income Fund trades at a lower trailing P/E (5.1x vs 42.5x for Eaton Vance Floating Rate Income). Eaton Vance Floating Rate Income offers the higher dividend yield (9.42% vs 8.37%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | EFT | ETY |
|---|---|---|
| Share price | $10.62 | $14.22 |
| 1-day change | -0.38% | -0.35% |
| YTD return | -5.93% | — |
| 1-year return | -9.85% | — |
| 5-year return | -29.06% | — |
| P/E ratio (TTM) | 42.48 | 5.12 |
| EPS (TTM) | $0.25 | $2.78 |
| Dividend yield | 9.42% | 8.37% |
| Annual dividend | $1.00 | $1.19 |
| 52-week high | $11.92 | $15.90 |
| 52-week low | $10.31 | $13.12 |
| Distance from 52-week high | -10.91% | -10.57% |
| Average volume | 112.86K | 300.92K |
| 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 Floating Rate Income trades at a higher earnings multiple (42.5x vs 5.1x trailing P/E).
- Eaton Vance Floating Rate Income offers a meaningfully higher dividend yield (9.42% vs 8.37%).
EFT vs ETY FAQ
Which has the lower P/E ratio, EFT or ETY?
ETY has the lower trailing P/E at 5.1, versus 42.5 for EFT. 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, Eaton Vance Floating Rate Income or Eaton Vance Tax-Managed Diversified Equity Income Fund?
Eaton Vance Floating Rate Income has the higher yield at 9.42%, compared with 8.37% for Eaton Vance Tax-Managed Diversified Equity Income Fund.
Are Eaton Vance Floating Rate Income 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.