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

by · The Markets Daily

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB – Get Free Report) announced a monthly dividend on Thursday, October 1st. Investors of record on Thursday, October 15th will be paid a dividend of $0.1058 per share by the financial services provider on Friday, October 30th. This represents a $1.27 annualized dividend and a dividend yield of 8.3%. The ex-dividend date of this dividend is Thursday, October 15th.

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

NYSE:ETB opened at $15.34 on Friday. The stock’s 50 day moving average price is $15.52 and its 200 day moving average price is $15.31. Eaton Vance Tax-Managed Buy-Write Income Fund has a 52 week low of $13.86 and a 52 week high of $15.82.

About Eaton Vance Tax-Managed Buy-Write Income Fund

(Get Free Report)

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB) is a closed-end investment fund managed by Eaton Vance Management, an indirect subsidiary of Morgan Stanley. The fund is designed to provide current income and gains while also seeking capital appreciation through an actively managed investment strategy.

The fund invests primarily in a diversified portfolio of common stocks, generally emphasizing established U.S. companies. To generate additional income, it employs a buy-write strategy by selling—or “writing”—call options on some of the securities held in its portfolio.

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