ETV News and Press, Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest From 02/21/23

Summary 1 out of 22 CEF sectors positive on price and 0 out of 22 sectors positive on NAV last week. Senior loans lead while real estate lags. MLPs remain the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on ...

Summary 17 out of 22 CEF sectors positive on price and 18 out of 22 sectors positive on NAV last week. RSF offering results. DEX tender offer expires. A new corporate actions tracker for our members. Author’s note: This article was released to CEF/ETF Income Labor...

Summary EXD was set to be merged into ETV, subject to a Special Meeting of Shareholders scheduled for February 2, 2023. Due to a lack of shareholder voting and engagement, the meeting has now been postponed to March. We feel that Eaton Vance has dropped the ball a bit on this one, h...

Summary It was back in November of 2012, yes, over a decade ago, that I wrote my first article discussing the benefits of high Return of Capital (ROC) in equity CEF distributions. Back then, I first wrote (link below) about the risks and tax-differences between high ROC in equity based ...

Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD) (the “Fund”) held a special meeting of shareholders earlier today (the “Special Meeting”). At the Special Meeting, Fund shareholders were asked to approve an Agreement and Plan of Reorganization pursuant to wh...

Summary DNP is a utilities equities closed end fund with a substantial track record. The fund is one of those rare, golden standard CEFs that have always traded at premiums to NAV in the past decade. With the entire Utilities sector trading at historic high P/E ratios on the back of...

Summary ETV became a relatively more attractive name in terms of the valuation after the distribution cut several months ago. The fund had been performing relatively well over the last year relative to QQQ, representing its tech lean, thanks to its call-writing strategy. Over the lo...

Summary 21 out of 22 CEF sectors were positive on price and 20 out of 22 sectors were positive on NAV last week. MLPs are the most discounted CEF sector. Real estate and senior loans are the highest-yielding CEF sector. Author's note: This article was released to CEF/ETF...

Summary The market finished 2022 with losses, the worst drop for the S&P 500 Index since 2008. That's not always bad for those who can reinvest or put more capital to work. I put capital to work every month; these are the moves I made to finish up the year. This arti...

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...