Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) Declares $0.11 Monthly Dividend

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.1058 per share by the financial services provider on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 8.2%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Tax-Managed Buy-Write Income Fund Price Performance

NYSE:ETB traded down $0.10 during mid-day trading on Tuesday, reaching $15.43. 28,865 shares of the company’s stock were exchanged, compared to its average volume of 56,306. Eaton Vance Tax-Managed Buy-Write Income Fund has a one year low of $11.03 and a one year high of $15.58. The business’s fifty day simple moving average is $15.29 and its two-hundred day simple moving average is $15.03.

Eaton Vance Tax-Managed Buy-Write Income Fund Company Profile

The Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end management investment company that seeks to provide a high level of after-tax total return. The fund primarily invests in a portfolio of U.S. common stocks, focusing on large-capitalization companies with established dividend records. To enhance income and manage risk, ETB employs a covered call, or “buy-write,” strategy, writing call options on selected equity holdings to generate premium income.

Under its tax-managed approach, the fund aims to reduce the tax impact of distributions by employing option overlay techniques alongside traditional equity selection.