Company: ETJ
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0000940394-25-000250
Chunk: 4

Company: Eaton Vance Risk-Managed Diversified Equity Income Fund
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 4
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 of January
28, 2025, one or more shareholders of Buy-Write Income Fund owned 5% or more of the Fund’s Common Shares. Information relating to
such shareholders can be found on Exhibit C. With respect to each other Fund, To the knowledge of the Funds, as of January 28, 2025: (i)
no other shareholder owned 5% or more of the Fund’s outstanding Common Shares; and (ii) the Trustees and executive officers of each
Fund, individually and as a group, owned beneficially less than 1% of the outstanding Common Shares of each Fund.

Shareholders as of the close of business on the record date of January
28, 2025 are entitled to attend and vote at the Annual Meeting. All properly executed proxies received prior to the Annual Meeting will
be voted at the Annual Meeting. Each proxy will be voted in accordance with its instructions; if no instruction is given, an executed
proxy will authorize the persons named on the respective proxy card enclosed as proxies, or any of them, to vote FOR the election of each
Trustee. An executed proxy delivered to a Fund is revocable by the person giving it, prior to its exercise, by a signed writing filed
with the Fund’s Secretary, by executing and delivering a later dated proxy, or by attending the Annual Meeting and voting the shares
at the Annual Meeting. Merely attending the Annual Meeting will not revoke a previously executed proxy. If you hold Fund shares through
an intermediary (such as a broker, bank, adviser or custodian), please consult with the intermediary regarding your ability to revoke
voting instructions after they have been provided.

If you are a record holder of Fund shares and plan to attend the Annual
Meeting, you must show a valid photo identification (such as a driver’s license) to gain admission to the Annual Meeting. Please
call 1-800-262-1122 for information on how to obtain directions to be able to attend and vote at the Annual Meeting.

If you hold Fund shares through an intermediary and plan to attend and
vote at the Annual Meeting, you will be required to show a valid photo identification and your authority to vote your shares (referred
to as a “legal proxy”) to gain admission to the Annual Meeting. As described above, you must contact your intermediary to
obtain a legal proxy for your shares.

<div align='center'>PROPOSAL 1. ELECTION OF TRUSTEES</div>

Each