Eaton Vance Tax-Managed Buy-Write Opp:ETV

    Manage Alerts

    Overview

    As of 9/29/2023

     Share
    Price    		NAVPremium/
    Discount
    Current$11.97$12.58-4.85%
    52 Wk Avg$12.80$12.651.24%
    52 Wk High$14.59$13.4117.46%
    52 Wk Low$11.80$11.70-6.13%
    Regular Distribution Type†Managed Distribution
    Distribution Rate9.51%
    Distribution Amount$0.0949
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund’s primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. Under normal market conditions, the Fund’s investment program consists of: (1) owning a diversified portfolio of common stocks, a segment of which (“Segment One”) seeks to exceed the total return performance of the S&P 500 Composite Stock Price Index and a segment of which (“Segment Two”) seeks to exceed the total return performance of the NASDAQ-100 Index and (2) selling on a continuous basis S&P 500 call options on at least 80% of the value of Segment One and NASDAQ-100 call options on at least 80% of the value of Segment Two.

    Capital Structure

    As of 9/29/2023

    Total Investment Exposure:$1,468.772M
    Total Common Assets:$1,468.772M
    Common Shares Outstanding:116,754,568
    Annual Expense Ratios

    As of 12/31/2022

      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
    Charles B. Gaffney, Douglas Rogers, G. R. Nelson, Thomas C. Seto

    Basics
    Category: Equity-Covered-Call Funds
    Ticker: ETV
    NAV Ticker: XETVX
    Average Daily Volume (shares): 254,133
    Average Daily Volume (USD): $3.239M
    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 9/29/2023

    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 6/30/2023    		 $0.0244
    Annualized Distribution Rate on NAV:
    As of 9/29/2023    		9.05%
    Total Return on NAV (12 months):
    As of 9/29/2023    		17.51%
    Total % Portfolio Effectively Leveraged:
    As of 9/29/2023     		0.00%

    Pricing Information

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

    As of 10/2/2023

    PeriodAvg Discount
    6 Month-2.93%
    1 Year1.24%
    3 Year3.78%
    5 Year3.96%
    Z-Score

    As of 9/29/2023

    PeriodZStat
    3 Month-1.58
    6 Month-1.02
    1 Year-1.13
    Pricing History
     from  
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 9/30/2023
    Category: Morningstar US CEF Covered Call

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD4.35%11.17%5.71%9.30%
    2022-19.36%-17.33%-14.68%-13.17%
    20219.81%12.16%28.89%20.78%
    202013.60%9.27%4.93%7.90%
    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%  
    200971.39%39.01%  
    2008-30.90%-28.50%  
    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 9/30/2023
    Category: Morningstar US CEF Covered Call

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 7/31/2023    		190
    Annual Portfolio Turnover:
    As of 12/31/2022    		19.00%
    Asset Allocation

    As of 7/31/2023

    Top Sectors

    As of 7/31/2023

    Sector%Portfolio
    Sensitive (Super Sector)58.24%
    Technology37.03%
    Cyclical (Super Sector)24.00%
    Defensive (Super Sector)17.56%
    Consumer Cyclical13.24%
    Communication Services12.81%
    Healthcare10.37%
    Financial Services7.80%
    Industrials5.90%
    Consumer Defensive5.37%
    Top Holdings

    As of 7/31/2023

    HoldingValue% Portfolio
    Apple Inc$166.17M10.46%
    Microsoft Corp$142.61M8.97%
    Amazon.com Inc$79.43M5.00%
    Meta Platforms Inc Class A$56.56M3.56%
    Alphabet Inc Class A$49.74M3.13%
    Alphabet Inc Class C$45.37M2.85%
    Tesla Inc$39.71M2.50%
    Advanced Micro Devices Inc$26.73M1.68%
    Netflix Inc$25.88M1.63%
    Texas Instruments Inc$24.88M1.57%
    Country Allocation

    As of 7/31/2023

    Country% Portfolio
    United States - Equity97.39%
    Netherlands - Equity1.24%
    Switzerland - Equity0.46%
    Brazil - Equity0.45%
    China - Equity0.26%

    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.

    E-2949862P-E0623W

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