ETV News and Press, Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest From 11/10/22

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 The board of trustees for EXD and ETV have approved yesterday a merger of the two funds. The merger is subject to the EXD shareholders approval, scheduled for February 2023. The two CEFs are currently trading with similar premiums to NAV, so we do not expect a signific...

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 Opportunities Fund ( NYSE: ETV ) declares $0.0949/share monthly dividend , -14.4% decrease from prior dividend of $0.1108. Forward yield 8.55% Payable Nov. 30; for shareholders of record Nov. 23; ex-div Nov. 22. See ETV D...

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 ETV is a buy-write closed-end fund. Investors looking for exposure to the equity asset class are better served by equity-buy write funds during recessions or deep market drawdowns. The fund has significantly outperformed the S&P 500 and the Nasdaq in 2022. ETV ...

Summary Many people are desperately seeking new sources of income in order to overcome the impact of rapidly escalating consumer prices in the United States. ETV offers one way to generate high income as it uses an options strategy to generate yields far beyond most things in the ...

Summary When buying closed-end funds, we often want to see discounts before picking up funds. For EXD, the fund has come to a premium now, but history suggests it might not have to be a sell. The overall equity slump makes it a fairly compelling time to start putting capital t...

Summary 2 out of 23 CEF sectors positive on price and 0 out of 23 sectors positive on NAV last week. Tortoise tender offers are live. RIV rights offering. NCZ postpones its distribution. Author’s note: This article was released to CEF/ETF Income Lab...

Summary IGA has been performing relatively well during the challenging 2022 market. The fund's distribution appears reasonably sustainable and attractive. IGA is a potentially compelling way to diversify one's portfolio with an attractive discount. ...