Eaton Vance Tax-Managed Diversified Equity Income Fund reported earnings results for the third quarter and nine months ended July 31, 2014. For the quarter, the company reported gross investment income of $6.622 million or $0.044 per share against $10.386 million or $0.070 per share a year ago. Net investment income was $1.567 million or $0.011 per share against $5.667 million or $0.038 per share a year ago. Net increase in net assets from operations was $51.327 million or $0.347 per share against net increase decrease in net assets from operations of $45.757 million or $0.304 per share a year ago. Net realized and unrealized gains on investments were $49.760 million or $0.336 per share against $40.090 million or $0.266 per share a year ago.

For the nine months, the company reported gross investment income of $61.480 million or $0.411 per share against $31.315 million or $0.209 per share a year ago. Net investment income was $46.740 million or $0.313 per share against $17.521 million or $0.117 per share a year ago. Net increase in net assets from operations was $163.234 million or $1.092 per share against $217.634 million or $1.452 per share a year ago. Net realized and unrealized gains on investments were $116.494 million or $0.779 per share against $200.113 million or $1.335 per share a year ago. Net asset value per share on July 31, 2014 was $12.20 In comparison, on July 31, 2013 net asset value per share on July 31, 2013 was $11.58.