Eaton Vance Tax-Managed Buy-Write Opp:ETV

    Manage Alerts

    Overview

    As of 7/10/2020. NAV as of 7/9/2020.

     Share
    Price    		NAVPremium/
    Discount
    Current$14.18$13.276.46%
    52 Wk Avg$14.30$13.743.96%
    52 Wk High$15.67$14.9010.01%
    52 Wk Low$8.59$10.53-17.47%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.38%
    Distribution Amount$0.1108
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund will normally invest at least 80% of its total assets in a diversified portfolio of common stocks, seeking to exceed the total return performance of the S&P 500 and the NASDAQ-100. Initially, Segment One (S&P 500) is expected to represent approximately 55% to 65% of the portfolio value and Segment Two (NASDAQ-100) approximately 35% to 45%. Over time, these percentages may vary. Stock holdings may include stocks not included in either index, but the investments are primarily made in common stocks of U.S. issuers. The Fund intends to sell index options that qualify for treatment as section 1256 contracts on which capital gains and losses are generally treated as 60% long-term and 40% short-term, regardless of holding period. Options strategy of writing (selling) index call options on the S&P 500 (at least 80%) and the NASDAQ-100 (at least 80%) will be employed. Up to 10% of its total assets may be invested in securities of non-U.S. issuers, including up to 5% of issuers located in emerging markets.

    Capital Structure

    As of 7/10/2020

    Total Investment Exposure:$1,153.742M
    Total Common Assets:$1,153.742M
    Common Shares Outstanding:86,617,268
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.00%
    Other Expenses:0.08%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.08%
    Fund Management

    Fund Sponsor
    Eaton Vance

    Portfolio Managers
    Michael A. Allison, Thomas C. Seto

    Basics
    Category: Equity-Covered-Call Funds
    Ticker: ETV
    NAV Ticker: XETVX
    Average Daily Volume (shares): 349,391
    Average Daily Volume (USD): $4.791M
    Inception Date: 6/27/2005
    Inception Share Price: $20.00
    Inception NAV: $19.06
    Tender Offer: No
    Term: No
    Fiscal Year End: December 31
    Third Party Links & Reports

    Distributions

    As of 7/10/2020

    Past performance is no guarantee of future results.
    Distribution History

    Enter declared start and end dates to display distribution history below. Income, Long Gain, Short Gain and ROC breakdowns will only be shown for the past year.

    to
    Declared Date Payable Date Ex Date Distrib Amount Income Long Gain Short Gain ROC

    *Indicates a Special Distribution: A distribution disbursed in addition to the normal distributions paid out by the company.

    Key Information Regarding Distributions†
    Avg. Earnings Per Share:
    As of 12/31/2019    		 $0.0391
    Annualized Distribution Rate on NAV:
    As of 7/10/2020    		9.98%
    Total Return on NAV (12 months):
    As of 7/10/2020    		2.46%
    Total % Portfolio Effectively Leveraged:
    As of 7/10/2020     		0.00%

    Pricing Information

    Premium/Discount Information
    Past performance is no guarantee of future results.
    Premium/Discount Information

    As of 7/10/2020

    PeriodAvg Discount
    6 Month3.62%
    1 Year3.96%
    3 Year3.72%
    5 Year4.08%
    Z-Score

    As of 7/10/2020

    PeriodZStat
    3 Month0.00
    6 Month0.59
    1 Year0.68
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 6/30/2020
    Category: Morningstar US CEF Covered Call

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-0.39%-5.59%-12.09%-7.99%
    201921.70%20.33%28.63%22.38%
    2018-4.04%-2.62%-11.75%-7.93%
    201713.39%17.06%23.10%16.38%
    20166.63%6.15%8.90%8.17%
    201519.03%7.25%1.86%0.11%
    20149.87%9.35%7.53%4.80%
    201323.87%18.24%19.68%17.79%
    201218.26%10.66%14.03%10.09%
    20110.01%6.30%-8.50%-0.23%
    2010-2.80%8.87%10.02%9.66%
    200971.39%39.01%45.18%23.14%
    2008-30.90%-28.50%-32.50%-30.52%
    2007-7.77%9.48%  
    200626.89%11.70%  
    Past performance is no guarantee of future results.
    Annualized Total Returns

    Returns for periods less than one year are cumulative rather than annualized

    As of 6/30/2020
    Category: Morningstar US CEF Covered Call

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 5/31/2020    		171
    Annual Portfolio Turnover:
    As of 12/31/2019    		6.00%
    Asset Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Top Sectors

    As of 5/31/2020 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)55.36%
    Technology32.46%
    Cyclical (Super Sector)23.24%
    Defensive (Super Sector)21.27%
    Communication Services15.55%
    Healthcare12.76%
    Consumer Cyclical12.27%
    Financial Services8.45%
    Consumer Defensive6.17%
    Industrials5.52%
    Top Holdings

    As of 5/31/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Microsoft Corp$110.13M8.90%
    Apple Inc$107.94M8.72%
    Amazon.com Inc$91.83M7.42%
    Facebook Inc A$48.73M3.94%
    Alphabet Inc A$44.50M3.60%
    Alphabet Inc Class C$33.37M2.70%
    Comcast Corp Class A$21.74M1.76%
    Intel Corp$20.70M1.67%
    Cisco Systems Inc$20.34M1.64%
    Texas Instruments Inc$18.55M1.50%
    Country Allocation

    As of 5/31/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity98.44%
    Netherlands - Equity0.54%
    China - Equity0.54%
    Switzerland - Equity0.35%

    Closed-end fund historical distribution sources have included net investment income, realized gains, and return of capital. For more detailed information on the distributions of a specific fund, please visit the sponsor's website.

    NOTES:

    † Distribution type sourced from Morningstar. In general, managed distributions may be sourced from net investment income, realized gains and return of capital. CEFConnect.com does not undertake to disclose specific information about closed-end fund distribution sources. For specific information about a fund's distribution sources, visit the fund sponsor's website.

    The following information applies to closed-end funds in general: Fund shares are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation. Shares of closed-end funds are subject to investment risks, including the possible loss of principal invested. There can be no assurance that fund objectives will be achieved. Closed-end funds frequently trade at a discount to their net asset value. NAV returns are net of fund expenses, and assume reinvestment of distributions.

    EWB-1014244PR-E1119W

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