ETB News and Press, Eaton Vance Tax-Managed Buy-Write Income Fund of Beneficial Interest From 05/10/23

2023-05-10 16:41:30 ET Summary FFA and ETB utilize an options writing strategy rather than being leveraged. With no leverage, they can be relatively less volatile during uncertain periods. Both are trading at attractive discounts where an investor could consider entering a pos...

2023-04-25 10:19:09 ET Summary In early December of last year, I wrote an article saying that it was the best time to own the Eaton Vance equity CEFs since the COVID-19 pandemic. That was a result of distribution cuts declared a month earlier in November, which dropped the Eaton V...

2023-03-21 11:46:34 ET Summary 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. Comparing ETB against peers, it has underperformed while ...

Summary ETY enjoyed trading at some premiums in recent years, but the distribution cut brought it back down to flirt with a discount. This fund is more attractively valued at a discount as, historically, it has exhibited trading more at a discount than a premium. Waiting for an even...

Summary EOI is a bit different than the rest of the Eaton Vance option-writing funds in that it writes on individual positions. This is one of the EV equity funds that avoided having its distribution trimmed, but the valuation has come down nonetheless. Like most of EV's funds, it i...

Summary 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 equity CEFs at only $382 million in assets, so it will trade with more volatility...

Eaton Vance Tax-Managed Buy-Write Income Fund ( NYSE: ETB ) declares $0.0932/share monthly dividend , in line with previous. Forward yield 8.53% Payable Jan. 31; for shareholders of record Jan. 24; ex-div Jan. 23. See ETB Dividend Scorecard, Yield Chart, & Divide...

Summary Some Eaton Vance equity CEFs cut their distributions. As expected, the most overvalued CEFs dropped the most on the news. Remember CEF investors: don't just look at the yield. Author's note: This article was released to CEF/ETF Income Laboratory members as ...

Summary ETG - among other EV funds - recently announced a distribution cut. During a bear market, equity funds are most susceptible to distribution cuts. A distribution cut on its own is not reason enough to sell a fund. Written by Nick Ackerman, co-produced by Sta...

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...