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ETW - ETW: Discount Opportunity For A 9% Distribution Yield
Eaton Vance Corporation Tax-Managed Global Buy-Write Opportunites Fund of Beneficial Interest
This article was first published on September 18, 2019.
Many funds came crashing down at the end of 2018, as global slowdown fears shook the market. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) was among the many that dropped sharply. It shouldn't come as too much of a surprise though, as ETW was trading at a lofty premium of 8% mid-year. The fund has still not recovered to its previous highs of last year. However, the NAV total return is still up a respectable 11%, with its total market return lagging at