Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) Stock Price, News & Analysis

Company Overview

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 current income with limited capital appreciation. The fund primarily invests in a diversified portfolio of equity securities of U.S. companies, with an emphasis on large-cap names. To enhance yield, ETB employs a covered call, or “buy-write,” strategy in which it writes call options on a portion of its equity holdings, generating option premiums that can bolster income distributions.

Since its initial public offering, ETB has combined a tax-aware approach with an option overlay designed to mitigate portfolio volatility. The tax-management aspect aims to minimize taxable distributions by offsetting capital gains through strategic holding periods and use of options. The buy-write technique adds another layer of risk management, potentially reducing downside exposure while delivering incremental income from option premiums. The fund typically maintains a balance between enabling participation in equity upside and capturing income through calls, adjusting its option exposure in response to market conditions.

Advised by Eaton Vance Management, part of the Franklin Templeton group, the fund benefits from a global investment platform and seasoned portfolio management team. Senior managers bring decades of experience in both equity analysis and options strategies, leveraging in-house research capabilities to identify attractively valued stocks and optimal strike prices for call writing. ETB’s board and advisors emphasize rigorous risk controls, seeking to align the fund’s objectives with shareholder expectations. The fund is traded on the New York Stock Exchange and is accessible to investors seeking a blend of equity income and potential tax efficiency within a diversified, actively managed structure.

Key Stats

• Today's Range: $14.25 to $14.41
• 50-Day Range: $13.63 to $14.54
• 52-Week Range: $11.03 to $15.35
• Volume: 46,318 shs
• Average Volume: 72,344 shs
• Market Capitalization: N/A
• P/E Ratio: N/A
• Dividend Yield: 9.57%
• Price Target: N/A
• Consensus Rating: N/A

ETB Stock Analysis - Frequently Asked Questions

How have ETB shares performed this year?

Eaton Vance Tax-Managed Buy-Write Income Fund's stock was trading at $15.00 at the beginning of the year. Since then, ETB shares have decreased by 4.5% and is now trading at $14.32.

Who are Eaton Vance Tax-Managed Buy-Write Income Fund's major shareholders?

Eaton Vance Tax-Managed Buy-Write Income Fund's top institutional investors include Park Avenue Securities LLC, Janney Montgomery Scott LLC, Somerset Trust Co and Sage Rhino Capital LLC.

How do I buy shares of Eaton Vance Tax-Managed Buy-Write Income Fund?

Shares of ETB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Eaton Vance Tax-Managed Buy-Write Income Fund own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Eaton Vance Tax-Managed Buy-Write Income Fund investors own include Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG), Verizon Communications (VZ), MPLX (MPLX), Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV), British American Tobacco (BTI), Enterprise Products Partners (EPD) and Altria Group (MO).

Company Calendar

• Record date for 6/30 Dividend: 6/16/2025
• Ex-Dividend for 6/30 Dividend: 6/16/2025
• Dividend Payable: 6/30/2025
• Record date for 7/31 Dividend: 7/15/2025
• Ex-Dividend for 7/31 Dividend: 7/15/2025
• Today: 7/18/2025
• Dividend Payable: 7/31/2025
• Next Earnings (Estimated): 8/25/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Financial Services
• Industry: Asset Management
• Sub-Industry: Financial Services
• Current Symbol: NYSE:ETB
• CIK: 1308927
• Web: funds.eatonvance.com
• Phone: (617) 482-8260
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $77.20 million
• Price / Sales: N/A
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: N/A
• Free Float: N/A
• Market Cap: N/A
• Optionable: Not Optionable
• Beta: N/A