Eaton Vance Tax-Managed Buy-Write Income Fund (ETB)
Eaton Vance Tax-Managed Buy-Write Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $15.48, up 0.26% on the session, giving a market capitalisation of $454.7M. On trailing twelve-month figures it carries a trailing P/E of 5.39, a net margin of 213.3%. Its beta of 0.93 implies it has historically moved less than the broad market.
The Eaton Vance Tax-Managed Buy-Write Income Fund operates as a closed-end equity investment vehicle, which was established and is overseen by Eaton Vance Management, with Parametric Portfolio Associates LLC sharing co-management duties. The fund's primary objective is to allocate capital to publicly traded stocks within the United States, specifically targeting large-capitalization companies across a diverse array of sectors. A distinctive aspect of its investment strategy involves selling call options on one or more U.S. market indices, covering a significant portion of its underlying common stock holdings. The fund's performance is benchmarked against the S&P 500 Index. It was founded on April 29, 2005, and is legally based in the United States.
Eaton Vance Tax-Managed Buy-Write Income Fund is most often compared with the following Financial Services names: