Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) to Distribute Monthly Dividend of $0.11 on August 31st

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) declared a monthly dividend on Monday, August 3rd. Shareholders of record on Friday, August 14th will be given a dividend of 0.1058 per share by the financial services provider on Monday, August 31st. This represents a c) annualized dividend and a dividend yield of 8.1%. The ex-dividend date of this dividend is Friday, August 14th.

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

Shares of Eaton Vance Tax-Managed Buy-Write Income Fund stock opened at $15.68 on Wednesday. Eaton Vance Tax-Managed Buy-Write Income Fund has a twelve month low of $13.86 and a twelve month high of $15.72. The business has a 50-day moving average price of $15.39 and a 200-day moving average price of $15.24.

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

Several institutional investors have recently added to or reduced their stakes in ETB. Guggenheim Capital LLC increased its stake in Eaton Vance Tax-Managed Buy-Write Income Fund by 33.9% in the 4th quarter. Guggenheim Capital LLC now owns 564,785 shares of the financial services provider’s stock worth $8,624,000 after acquiring an additional 143,001 shares during the last quarter. Bank of America Corp DE boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 45.7% during the 2nd quarter. Bank of America Corp DE now owns 464,271 shares of the financial services provider’s stock valued at $6,704,000 after acquiring an additional 145,724 shares during the last quarter. Invesco Ltd. boosted its position in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 5.0% during the 3rd quarter. Invesco Ltd. now owns 413,287 shares of the financial services provider’s stock valued at $6,199,000 after acquiring an additional 19,543 shares during the last quarter. UBS Group AG grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 1.7% in the fourth quarter. UBS Group AG now owns 365,852 shares of the financial services provider’s stock valued at $5,587,000 after purchasing an additional 5,973 shares in the last quarter. Finally, LPL Financial LLC grew its holdings in shares of Eaton Vance Tax-Managed Buy-Write Income Fund by 9.6% in the fourth quarter. LPL Financial LLC now owns 318,383 shares of the financial services provider’s stock valued at $4,862,000 after purchasing an additional 27,970 shares in 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.