ETB News and Press, Eaton Vance Tax-Managed Buy-Write Income Fund of Beneficial Interest From 09/26/23

2023-09-26 11:52:08 ET Summary 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 recently due to changes in the economic environment...

2023-09-11 12:03:54 ET Summary The Eaton Vance Tax-Managed Diversified Equity Income Fund has underperformed the stock market over the past year. The fund's strategy of writing call options against the S&P 500 Index may have contributed to its poor performance. Despite its...

2023-08-23 10:00:00 ET Summary Selling calls on long positions provides downside protection and shelters investors from stock volatility. The Nuveen Dow 30 Dynamic Overwrite Fund writes covered calls on a portion of its equity portfolio to reduce volatility. We examine whether...

2023-08-16 15:14:42 ET Summary First Trust Enhanced Equity Income Fund utilizes a call-writing strategy and has seen its discount narrow since our last update. FFA has delivered solid results and outperformed other call-writing funds, thanks, at least in part, to its partial overw...

2023-08-10 11:29:07 ET Summary NFJ runs a predominantly equity portfolio with convertibles thrown in. Separate teams are assigned to manage the equity and the fixed income sleeve. Options are written on the equity portion to supplement income generation. We review this clo...

2023-08-08 10:00:00 ET Summary Our trade suggestion made at the beginning of the year involved selling Nuveen NASDAQ 100 Dynamic Overwrite Fund and buying Global X Nasdaq 100 Covered Call & Growth ETF. QYLG outperformed QQQX, with a return of 23.65% compared to 10.11%. We ...

2023-07-14 17:29:54 ET Summary 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 impressed, but we still do not recommend a bu...

Eaton Vance Management (“Eaton Vance”), an indirect wholly-owned subsidiary of Morgan Stanley (NYSE: MS), announced the portfolio managers of certain funds as follows: Thomas C. Seto is a managing director and head of investment management at Parametric Portfolio Associates ...

2023-05-12 09:15:00 ET Summary XYLD yields ~11% and pays a variable monthly distribution. The XYLD ETF uses Covered Calls on the S&P 500 to generate monthly income and offers some downside protection to investors. We compare XYLD's performance, yield, and valuation to othe...

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...