Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) To Go Ex-Dividend on April 15th
by Scott Moore · The Cerbat GemEaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB – Get Free Report) announced a monthly dividend on Wednesday, April 1st. Investors of record on Wednesday, April 15th will be given a dividend of 0.1058 per share by the financial services provider on Thursday, April 30th. This represents a c) annualized dividend and a yield of 8.4%. The ex-dividend date of this dividend is Wednesday, April 15th.
Eaton Vance Tax-Managed Buy-Write Income Fund Stock Performance
Eaton Vance Tax-Managed Buy-Write Income Fund stock traded up $0.04 during midday trading on Monday, hitting $15.06. 18,560 shares of the stock were exchanged, compared to its average volume of 53,991. Eaton Vance Tax-Managed Buy-Write Income Fund has a 1 year low of $12.28 and a 1 year high of $15.60. The company has a 50 day moving average price of $15.04 and a two-hundred day moving average price of $15.12.
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.