Eaton Vance (EV) has made something of a name for itself over the years due to its successful management of numerous actively-managed funds. One of the more unique things that the company has done is popularize closed-end funds that use various options strategies to generate income. These offer investors something different from the usual stocks and bonds asset allocation as well as allows for improved risk management since options can, when used properly, reduce the risk of loss in a portfolio. They can also be used to generate income or enhance returns. One