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

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Friday, May 1st. Investors of record on Friday, May 15th will be given a dividend of 0.1058 per share by the financial services provider on Friday, May 29th. This represents a c) dividend on an annualized basis and a yield of 8.3%. The ex-dividend date of this dividend is Friday, May 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 0.1%

ETB traded up $0.02 during trading hours on Wednesday, reaching $15.38. The company’s stock had a trading volume of 6,926 shares, compared to its average volume of 54,997. Eaton Vance Tax-Managed Buy-Write Income Fund has a fifty-two week low of $13.58 and a fifty-two week high of $15.60. The business’s 50-day moving average is $14.99 and its 200-day moving average is $15.16.

Hedge Funds Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

Several large investors have recently modified their holdings of the business. Goldman Sachs Group Inc. acquired a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter worth about $154,000. Kestra Advisory Services LLC acquired a new position in Eaton Vance Tax-Managed Buy-Write Income Fund in the fourth quarter valued at about $86,000. Newbridge Financial Services Group Inc. purchased a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the second quarter worth about $25,000. Fifth Third Bancorp purchased a new position in Eaton Vance Tax-Managed Buy-Write Income Fund during the first quarter worth about $214,000. Finally, D.A. Davidson & CO. increased its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 10.6% during the first quarter. D.A. Davidson & CO. now owns 34,228 shares of the financial services provider’s stock valued at $494,000 after acquiring an additional 3,282 shares during the last quarter.

About Eaton Vance Tax-Managed Buy-Write Income Fund

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.