ETB News and Press, Eaton Vance Tax-Managed Buy-Write Income Fund of Beneficial Interest From 11/04/22

Eaton Vance Tax-Managed Buy-Write Income Fund ( NYSE: ETB ) declares $0.0932/share monthly dividend , -13.7% decrease from prior dividend of $0.1080. Forward yield 7.45% Payable Nov. 30; for shareholders of record Nov. 23; ex-div Nov. 22. See ETB Dividend...

First line in first table of release dated November 1, 2022 should read: Declaration – 11/1/2022 Ex-Date – 11/9/2022 Record – 11/10/2022 Payable – 11/18/2022 The updated release reads: DISTRIBUTION DATES AND AMOUNTS ANNOUNCED FOR EATON VANCE CLOSED-...

Summary ETJ has picked up in terms of relative performance against ETB and SPY. However, it still isn't showing the same defensive qualities it had historically. Thanks to its options strategy, the fund has covered its distribution with capital gains. Still, reduced assets...

Summary 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. The premium is now down 10% and normalizing on the back of the ongoing risk-off environm...

Summary The Nuveen S&P 500 Dynamic Overwrite Fund is a buy-write CEF from Nuveen. The CEF has significantly outperformed the S&P 500 in 2022. In this article we analyze SPXX's return profile versus other buy-write CEFs and versus the Index to ascertain relative value p...

Summary Eaton Vance Tax-Managed Buy-Write Strategy Fund (EXD) is a buy-write fund from the Eaton Vance family. The CEF sells equity volatility by having 96% of its portfolio overwritten with call options. EXD is currently trading at a premium to NAV. This article covers CE...

Summary 1 out of 23 CEF sectors positive on price and 1 out of 23 sectors positive on NAV last week. MLPs lead while commodities lag. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on Au...

19 out of 23 CEF sectors positive on price and 17 out of 23 sectors positive on NAV last week. SMM will pay a "Saba special distribution", funded by management. ZTR rights offering is now live. Author’s note: This article was released to CEF/ETF Income Laborator...

DIAX is an equity "buy-write" closed-end fund from Nuveen. The fund writes options on 35%-75% of its equity portfolio, which aims to replicate the Dow Jones index. Unlike its peers in the space, DIAX is currently trading at a discount to NAV despite its impressive performance YTD....

21 out of 23 CEF sectors positive on price and 16 out of 23 sectors positive on NAV last week. Covered call leads while commodities lag. MLPs are the most widely discounted CEF sector. Author's note: This article was released to CEF/ETF Income Laboratory members on...