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

Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) announced a monthly dividend on Monday, June 1st. Investors of record on Monday, June 15th will be given a dividend of 0.1058 per share by the financial services provider on Tuesday, June 30th. This represents a c) dividend on an annualized basis and a dividend yield of 8.3%. The ex-dividend date of this dividend is Monday, June 15th.

Eaton Vance Tax-Managed Buy-Write Income Fund Stock Up 0.8%

NYSE:ETB opened at $15.28 on Friday. The firm’s 50 day moving average is $15.24 and its 200 day moving average is $15.20. Eaton Vance Tax-Managed Buy-Write Income Fund has a 12 month low of $13.86 and a 12 month high of $15.67.

Institutional Investors Weigh In On Eaton Vance Tax-Managed Buy-Write Income Fund

A number of hedge funds have recently modified their holdings of ETB. Newbridge Financial Services Group Inc. bought a new stake in shares of Eaton Vance Tax-Managed Buy-Write Income Fund in the 2nd quarter worth approximately $25,000. Kestra Advisory Services LLC bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter valued at $86,000. Gould Capital LLC raised its holdings in Eaton Vance Tax-Managed Buy-Write Income Fund by 16.9% during the 2nd quarter. Gould Capital LLC now owns 7,426 shares of the financial services provider’s stock valued at $107,000 after acquiring an additional 1,073 shares during the period. Modern Wealth Management LLC bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the 3rd quarter valued at $151,000. Finally, Goldman Sachs Group Inc. bought a new stake in Eaton Vance Tax-Managed Buy-Write Income Fund during the 4th quarter valued at $154,000.

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.