Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) vs Gladstone Investment Business Development (GAIN)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
On valuation, Gladstone Investment Business Development trades at a lower trailing P/E (3.7x 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 6.24%).
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 | ETY | GAIN |
|---|---|---|
| Share price | $14.21 | $15.38 |
| 1-day change | -0.07% | +0.59% |
| YTD return | — | +10.09% |
| 1-year return | — | +12.92% |
| 5-year return | — | +4.55% |
| P/E ratio (TTM) | 5.11 | 3.65 |
| Forward P/E | — | 15.15 |
| EPS (TTM) | $2.78 | $4.21 |
| Dividend yield | 8.37% | 6.24% |
| Annual dividend | $1.19 | $0.96 |
| 52-week high | $15.90 | $17.14 |
| 52-week low | $13.12 | $13.11 |
| Distance from 52-week high | -10.63% | -10.27% |
| Analyst consensus | buy | none |
| Avg. price target upside | — | +10.53% |
| Average volume | 302.42K | 178.34K |
| Sector | Finance | Finance |
| Industry | Finance Companies | Finance: Consumer Services |
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 3.7x trailing P/E).
- Eaton Vance Tax-Managed Diversified Equity Income Fund offers a meaningfully higher dividend yield (8.37% vs 6.24%).
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
About Gladstone Investment Business Development
GAIN stock →Gladstone Investment Corporation is business development company, specializes in lower middle market, mature stage, buyouts; refinancing existing debt; senior debt securities such as senior loans, senior term loans, lines of credit, and senior notes; senior subordinated debt securities such as senior subordinated loans and senior subordinated notes; junior subordinated debt securities such as subordinated notes and mezzanine loans; limited liability company interests, and warrants or options. The fund does not invest in start-ups.
Finance · Finance: Consumer Services
ETY vs GAIN FAQ
Which has the lower P/E ratio, ETY or GAIN?
GAIN has the lower trailing P/E at 3.7, 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, Eaton Vance Tax-Managed Diversified Equity Income Fund or Gladstone Investment Business Development?
Eaton Vance Tax-Managed Diversified Equity Income Fund has the higher yield at 8.37%, compared with 6.24% for Gladstone Investment Business Development.
Are Eaton Vance Tax-Managed Diversified Equity Income Fund and Gladstone Investment Business Development in the same industry?
Both are in the Finance sector, but in different industries: Finance Companies for Eaton Vance Tax-Managed Diversified Equity Income Fund and Finance: Consumer Services for Gladstone Investment Business Development.