Eaton Vance Tax-Managed Diversified Equity Income Fund (ETY) vs Franklin Municipal Opportunities (PMO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
On valuation, Eaton Vance Tax-Managed Diversified Equity Income Fund trades at a lower trailing P/E (5.1x vs 10.9x for Franklin Municipal Opportunities). Eaton Vance Tax-Managed Diversified Equity Income Fund offers the higher dividend yield (8.41% vs 5.09%).
Summary generated from market data by MetaCap's automated system. Methodology
Head-to-head
| Metric | ETY | PMO |
|---|---|---|
| Share price | $14.15 | $9.27 |
| 1-day change | -0.49% | +1.53% |
| YTD return | — | -14.67% |
| 1-year return | — | -10.93% |
| 5-year return | — | -33.79% |
| P/E ratio (TTM) | 5.09 | 10.91 |
| EPS (TTM) | $2.78 | $0.85 |
| Dividend yield | 8.41% | 5.09% |
| Annual dividend | $1.19 | $0.472 |
| 52-week high | $15.90 | $10.87 |
| 52-week low | $13.12 | $8.87 |
| Distance from 52-week high | -11.01% | -14.72% |
| Average volume | 300.51K | 89.51K |
| 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
- Franklin Municipal Opportunities trades at a higher earnings multiple (10.9x vs 5.1x trailing P/E).
- Eaton Vance Tax-Managed Diversified Equity Income Fund offers a meaningfully higher dividend yield (8.41% vs 5.09%).
About Franklin Municipal Opportunities
PMO stock →Putnam Municipal Opportunities Trust is a closed ended fixed income mutual fund launched and managed by Putnam Investment Management, LLC. The fund is co-managed by Putnam Investments Limited.
Finance · Finance Companies
ETY vs PMO FAQ
Which has the lower P/E ratio, ETY or PMO?
ETY has the lower trailing P/E at 5.1, versus 10.9 for PMO. 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 Franklin Municipal Opportunities?
Eaton Vance Tax-Managed Diversified Equity Income Fund has the higher yield at 8.41%, compared with 5.09% for Franklin Municipal Opportunities.
Are Eaton Vance Tax-Managed Diversified Equity Income Fund and Franklin Municipal Opportunities in the same industry?
Yes. Both are classified in the Finance Companies industry within the Finance sector.