ETV News and Press, Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest From 04/17/23

2023-04-17 14:55:39 ET Summary ETV's premium had collapsed after they cut their distribution last year, the first time in nearly a decade. Given the depressed prices in tech in 2022, it seemed fitting to adjust the distribution as this is a tech-heavy fund. The distribution yi...

The merger of Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD) into Eaton Vance Tax-Managed Buy-Write Opportunities Fund (NYSE: ETV) was completed at the close of the New York Stock Exchange on April 14, 2023. EXD shareholder approval of the Agreement and Plan of Reorganization pursuan...

2023-03-29 13:22:07 ET Summary Investors are desperately in need of income simply to maintain their lifestyles in today's inflationary environment. Eaton Vance Tax-Managed Buy-Write Opportunities Fund uses an interesting strategy of owning a portfolio of stocks and writing call op...

2023-03-27 06:16:32 ET Summary 3 out of 22 CEF sectors positive on price and 5 out of 22 sectors positive on NAV last week. EXD/ETV merger approved. Merger will close April 14, 2023. Author's note: This article was released to CEF/ETF Income Laboratory members on Mar...

2023-03-25 05:11:21 ET Summary MCN has been able to reduce losses relative to the market. This would be thanks to its call-writing strategy plus holding a significant portion of its portfolio in money markets. The defensive positioning of this fund has been quite simple but in...

2023-03-21 04:31:45 ET Summary EXD is set to be merged into ETV. On March 16 the Eaton Vance Tax-Managed Buy-Write Strategy Fund approved an Agreement and Plan of Reorganization. On April 14 the EXD ticker is set to be retired, with shareholders receiving shares in ETV. Wh...

2023-03-18 04:20:12 ET Summary NFJ takes an approach of primarily investing in equity investments but also incorporates convertible securities. The fund has managers from both NFJ Investment Group and Voya Investment Management. The fund's discount is fairly attractive, and th...

At a Special Meeting of Shareholders held today, shareholders of Eaton Vance Tax-Managed Buy-Write Strategy Fund (NYSE: EXD) (the “Fund”) approved an Agreement and Plan of Reorganization pursuant to which the Fund will be reorganized with and into Eaton Vance Tax-Managed Buy-Write O...

Summary 0 out of 22 closed-end fund sectors positive on price and 3 out of 22 sectors positive on NAV last week. KIO rights offering results. MLPs are the most discounted CEF sector. Author’s note: This article was released to CEF/ETF Income Laboratory members on ...

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 ...