Company: ETJ
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0000940394-25-000250
Chunk: 3

Company: Eaton Vance Risk-Managed Diversified Equity Income Fund
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 3
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 Equity Fund”), Eaton
Vance Risk-Managed Diversified Equity Income Fund (the “Risk-Managed Fund”), Eaton Vance Tax-Managed Buy-Write Income Fund
(the “Buy-Write Income Fund”), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (the “Buy-Write Opportunities Fund”)
and Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (the “Global Buy-Write Opportunities Fund”) (collectively,
the “Funds”). The proxies will be voted at the Annual Meeting of Shareholders of each Fund and at any adjournments or postponements
thereof (the “Annual Meeting”). The Annual Meeting will be held on Wednesday, April 9, 2025 at 11:30 a.m. (Eastern Time) at
the principal office of each Fund, One Post Office Square, Boston, Massachusetts 02109, as discussed further herein. The Annual Meeting
will be held for the purposes set forth in the accompanying notice. This proxy statement and the enclosed proxy card(s) are first being
sent or given to shareholders on or about February 26, 2025.

The Board of Trustees of each Fund (the “Board” or the “Board
of Trustees”) has fixed the close of business on January 28, 2025 as the record date for the determination of the shareholders entitled
to notice of and to vote at the Annual Meeting and any adjournments or postponements thereof. The number of common shares of beneficial
interest, $0.01 par value per share (“Common Shares”), of each Fund outstanding on January 28, 2025, were as follows:

| Fund                                | No. of Common Shares 
       Outstanding on 
     January 28, 2025 |
|:------------------------------------|---------------------:|
| Enhanced Equity Fund                |           52,435,605 |
| Risk-Managed Fund                   |           67,301,787 |
| Buy-Write Income Fund               |           29,374,715 |
| Buy-Write Opportunities Fund        |          116,754,568 |
| Global Buy-Write Opportunities Fund |          108,597,786 |

Each Fund will vote separately on each proposal; votes of multiple Funds
will not be aggregated.

To the knowledge of the Funds, based on filings made on Schedules 13D
and 13G pursuant to Sections 13(d) and 13(g) of the Securities Exchange Act of 1934, as amended (“Exchange Act”), as