Eaton Vance TaxManaged Diversified Equity Income Fund is a closedended equity mutual fund launched and managed by Eaton Vance Management The fund invests in public equity markets across the globe It seeks to invest in stocks of companies operating across diversified sectors The fund primarily invests in dividend paying stocks of companies It also writes SP 500 Index call options with respect to a portion of the value of its common stock portfolio to generate current cash flow from the options premium received The Fund also normally invests in issuers located in at least three countries including the United States It also invests through derivatives The fund benchmarks the performance of its portfolio against a composite benchmark comprised of 80 SP 500 Index and 20 FTSE Eurotop 100 Index Eaton Vance TaxManaged Diversified Equity Income Fund was formed on November 30 2006 and is domiciled in the United States