EATON VANCE TAX-MANAGED DIVERSIFIED EQUITY INCOME FUND
Supplement to Prospectus dated February 19, 2021
The following changes are effective July 1, 2021:
The following replaces the fifth paragraph under “The Adviser” in “Management of the Fund” in the Prospectus:
G.R. Nelson is responsible for managing the Fund’s overall investment program. Mr. Nelson is a Vice President of Eaton Vance, has been an equity analyst at Eaton Vance since 2004 and has been a portfolio manager of the Fund since December 2019.
EATON VANCE TAX-MANAGED DIVERSIFIED EQUITY INCOME FUND
Supplement to Statement of Additional Information dated February 19, 2021
The following changes are effective July 1, 2021:
The following replaces the tables under “Portfolio Managers.” in “Investment Advisory and Other Services”:
| Number of All Accounts | Total Assets of All Accounts | Number of Accounts Paying a Performance Fee | Total Assets of Accounts Paying a Performance Fee |
G.R. Nelson | | | | |
Registered Investment Companies | 3 | $ 2,996.0 | 0 | $ 0 |
Other Pooled Investment Vehicles | 0 | $ 0 | 0 | $ 0 |
Other Accounts | 1 | $ 1.2 | 0 | $ 0 |
The following table shows the dollar range of shares of the Fund beneficially owned by the portfolio manager as of the Fund’s most recent fiscal year ended October 31, 2020 and in the Eaton Vance Family of Funds as of December 31, 2020.
Portfolio Managers | Dollar Range of Equity Securities Beneficially Owned in the Fund | Aggregate Dollar Range of Equity Securities Beneficially Owned in all Registered Funds in the Eaton Vance Family of Funds |
G.R. Nelson | None | $500,001 – $1,000,000 |
May 13, 2021