Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) To Go Ex-Dividend on September 15th

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Tuesday, September 15th will be given a dividend of 0.1058 per share by the financial services provider on Wednesday, September 30th. This represents a c) dividend on an annualized basis and a yield of 8.2%. The ex-dividend date is Tuesday, September 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Trading Up 1.0%

Shares of NYSE:ETB opened at $15.54 on Friday. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12-month low of $13.86 and a 12-month high of $15.82. The business’s fifty day simple moving average is $15.54 and its 200-day simple moving average is $15.29.

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.