Eaton Vance Tax-Managed Buy-Write Income Fund (ETB)
| Market Value | 439.15M |
| Revenue (ttm) | 6.88M |
| Net Income (ttm) | 58.73M |
| Shares Out | 29.37M |
| EPS (ttm) | 2.00 |
| PE Ratio | 7.48 |
| Forward PE | n/a |
| Dividend | $1.27 (8.51%) |
| Ex-Dividend Date | Nov 21, 2024 |
| Volume | 36,399 |
| Open | 14.81 |
| Previous Close | 14.80 |
| Day's Range | 14.68 - 15.00 |
| 52-Week Range | 12.66 - 15.35 |
| Beta | 0.96 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | n/a |
About ETB
Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund primarily invests in stocks of large-cap companies. It also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. The fund benchmarks the perf... [Read more]
News
ETB: Providing A Distribution Rate Of ~8.5% With Monthly Pay
Eaton Vance Tax-Managed Buy-Write Income Fund offers S&P 500-like exposure with a call-writing strategy, providing strong performance and an attractive 8.42% distribution yield. Despite a narrowing di...
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024 Ex-Date – 12/12/2024 Record – 12/12/202...
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their November distributions (each a “Fund”). This press release is issued as required by...
ETB: Equity CEF Still At A Discount, Over 8% Yield
Eaton Vance Tax-Managed Buy-Write Income Fund is undervalued, trading at a -7% discount to NAV, despite a robust performance in 2024 and a history of trading at a premium. ETB closely tracks the S&P 5...
ETB: The Fund's Tech-Heavy Portfolio Might Be Risky In The Current Environment
Eaton Vance Tax-Managed Buy-Write Income Fund offers high-income potential and inflation protection through equity investments. The ETB closed-end fund yields 9.21%, outperforming peers in the same Mo...
ETB: Attractive Discount And A Distribution Rate Of 9.25%
Eaton Vance Tax-Managed Buy-Write Income Fund has outperformed First Trust Enhanced Equity Income Fund (FFA) since our last update, as we noted could occur. ETB is still trading at an attractive disco...
ETB: Tech-Heavy Portfolio And A History Of Underperformance Hurt This 9.63% Yielding CEF
Eaton Vance Tax-Managed Buy-Write Income Fund offers income-focused investors the opportunity to earn a high level of income while still having the potential for capital gains. ETB has a yield of 9.63...
Eaton Vance Raises Distributions On All Equity CEFs
After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for E...
Eaton Vance Option CEFs Looking Better
It's taken well over a year, but I'm starting to sense that the Eaton Vance equity CEFs are finally turning the corner at market price support and appreciation. Now don't get me wrong. Their NAV perfo...
ETB And FFA: An Opportunity For A Swap
Both the Eaton Vance Tax-Managed Buy-Write Income Fund and the First Trust Enhanced Equity Income Fund implement an options writing strategy but carry it out in different ways. They both deliver respe...
Equity CEFs: Buy ETB As We Enter The Dumb Stage Of The CEF Sell-Off
This happened in the fall of 2008 during the toxic mortgage crisis and in March 2020 during COVID-19. You see CEF shareholders sell at any price just to get out. Though this year has been more of a sl...
ETB: A Good 8.78%-Yielding Fund, If You Are Comfortable With The Risk
The Eaton Vance Tax-Managed Buy-Write Income Fund employs a unique strategy that relies heavily on common equities and option strategies to generate income. The fund has experienced poor performance r...
ETB: 8% Yielding Options Fund
Eaton Vance Tax-Managed Buy-Write Income Fund writes call options to boost its income. ETB distributes 8% on the current market price to its income seeking unitholders. The closed-end fund has left us...
Eaton Vance Management Announces Portfolio Management Teams of Certain Closed-End Funds
BOSTON--(BUSINESS WIRE)--Eaton Vance Management (“Eaton Vance”), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain funds as follows: Eaton V...
FFA Vs. ETB: Discounted Call Writing Funds
FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods.
ETB: Better Call-Writing Funds Elsewhere
The ETB fund provides high current income by writing calls against a diversified portfolio of stocks. Call-writing funds trade off upside for premiums, which could lower long-term returns.
Equity CEFs: Initiating ETB With A Strong Buy
I've avoided the Eaton Vance Tax-Managed Buy-Write Income Fund for years as it rose to a higher-and-higher premium which reached 20%-plus as recently as October. ETB is one of Eaton Vance's smaller eq...
ETB And The Year Of Wild Premium Swings
ETB is a "buy-write" equity CEF from Eaton Vance. The fund aims to mimic the S&P 500 index through its holdings.
ETB: Moving From Sell To Hold After The Premium Collapse
Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) is an equity buy-write fund. We assigned the CEF a Sell rating during the summer on the back of an unsustainable premium to NAV.
ETB: Great Fund, Currently Overpriced
ETB is a "buy-write" equity CEF from Eaton Vance. The CEF has an outstanding historical performance and has a great management team.
Equity CEF Performance: Updated Through July 1, 2022
The worst half to a year in a half-century is over, with the S&P 500 down -20.0% through June 30. What's in store for the second half? Well, that depends on whose advice you trust, and frankly, there'...
ETB: Continuing To Expand Its Premium
ETB continues to keep up its premium through 2022, despite the general widening of discounts and reduction in premiums we've seen in the CEF space. On the other hand, it hasn't escaped the declines of...
This 8% Dividend Shakes Off Volatility, Pays You Every Month
One of the best things about closed-end funds (CEFs) is that you can find CEFs that win in every kind of market.
ETB: Attractive 7.63% Distribution Yield, But On The More Expensive Side
The last time I touched on ETB, the option writing fund from Eaton Vance wasn't getting as much attention as ETV.
ETB: Get A 7.8% Yield From This FAANG Portfolio
ETB is a buy-write CEF and has a primary objective of current income and capital gains.