Company: ETJ
Filing Date: 2025-02-27
Form Type: DEF 14A
Source: 0000940394-25-000250
Chunk: 7

Company: Eaton Vance Risk-Managed Diversified Equity Income Fund
Filing Date: 2025-02-27
Form: DEF 14A
Chunk 7
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 advised or administered by Eaton Vance (the “Eaton Vance family of funds”) overseen
by the Trustee, which may include shares, if any, deemed to be beneficially owned by a noninterested Trustee through a deferred compensation
plan.

| Name of Trustee        | Aggregate Dollar Range of Equity       
 Securities Beneficially Owned in Funds 
 Overseen by Trustee in the             
 Eaton Vance Family of Funds            |
| Noninterested Trustees |                                        |
| Alan C. Bowser         | Over $100,000                          |
| Mark R. Fetting        | Over $100,000                          |
| Cynthia E. Frost       | Over $100,000                          |
| George J. Gorman       | Over $100,000                          |
| Valerie A. Mosley      | Over $100,000                          |
| Keith Quinton          | Over $100,000                          |
| Marcus L. Smith        | Over $100,000                          |
| Nancy Wiser Stefani    | Over $100,000                          |
| Susan J. Sutherland    | Over $100,000                          |
| Scott E. Wennerholm    | Over $100,000                          |

Board Meetings and Committees

The Board has general oversight responsibility with respect to the business
and affairs of each Fund. The Board has engaged an investment adviser and (if applicable) a sub-adviser (collectively, the “adviser”)
to manage each Fund. The Funds’ investment adviser also serves as administrator of each Fund. The Board is responsible for overseeing
such adviser and administrator and other service providers to the Fund. The Board is currently composed of ten noninterested Trustees.
In addition to six regularly scheduled meetings per year, the Board holds special meetings or informal conference calls to discuss specific
matters that may require action prior to the next regular meeting. As discussed below, the Board has established six committees to assist
the Board in performing its oversight responsibilities.

The Board has appointed a noninterested Trustee to serve in the role
of Chairperson. The Chairperson’s primary role is to participate in the preparation of the agenda for meetings of the Board and
the identification of information to be presented to the Board with respect to matters to be acted upon by the Board. The Chairperson
also presides at all meetings of the Board and acts as a liaison with service providers, officers, attorneys, and other Board members
generally between meetings. The Chairperson may perform such other functions as may be requested by the Board from