EV Tax-Managed Buy-Write Strategy Fund:EXD

    Manage Alerts

    Overview

    As of 11/24/2020

     Share
    Price
    NAVPremium/
    Discount
    Current$9.81$10.37-5.40%
    52 Wk Avg$9.28$9.83-5.66%
    52 Wk High$10.57$10.78-1.45%
    52 Wk Low$5.41$7.57-22.81%
    Regular Distribution TypeManaged Distribution
    Distribution Rate8.66%
    Distribution Amount$0.0708
    Distribution FrequencyMonthly
    Past performance is no guarantee of future results.

    Basic Information

    Investment Objective

    The Fund's primary objective is to provide current income and gains. The strategy will consist of owning a diversified portfolio of common stocks and selling covered index call options (buy-write strategy). Under normal market conditions, the Fund will primarily own a diversified portfolio of common stocks, Segment One, which seeks to exceed the performance of the S&P 500 Composite Stock Price Index and Segment Two which seeks to exceed the performance of the NASDAQ 100 Index. Initially, 50-75% of the net assets will be invested in Segment One, the percent invested in each Segment may vary over time based on equity market conditions and other factors.

    Capital Structure

    As of 11/24/2020

    Total Investment Exposure:$100.917M
    Total Common Assets:$100.917M
    Common Shares Outstanding:9,731,586
    Annual Expense Ratios

    As of 12/31/2019

      Per Common Share
    Management Fees1.03%
    Other Expenses:0.29%
    Baseline Expense: N/A
    Interest Expense:N/A
    Total: 1.32%
    Fund Management

    Fund Sponsor
    Eaton Vance

    Portfolio Managers
    Michael A. Allison, Thomas C. Seto

    Basics
    Category: Equity-Covered-Call Funds
    Ticker: EXD
    NAV Ticker: XEXDX
    Average Daily Volume (shares): 52,022
    Average Daily Volume (USD): $0.468M
    Inception Date: 6/25/2010
    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 11/24/2020

    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.

    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 6/30/2020
    $0.0172
    Annualized Distribution Rate on NAV:
    As of 11/24/2020
    8.19%
    Total Return on NAV (12 months):
    As of 11/24/2020
    2.68%
    Total % Portfolio Effectively Leveraged:
    As of 11/24/2020
    0.00%

    Pricing Information

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

    As of 11/24/2020

    PeriodAvg Discount
    6 Month-6.51%
    1 Year-5.66%
    3 Year-7.99%
    5 Year-8.82%
    Z-Score

    As of 11/24/2020

    PeriodZStat
    3 Month1.63
    6 Month0.53
    1 Year0.09
    Pricing History
    Date NAV Premium / Discount

    Performance

    Calendar Year Total Returns

    As of 10/31/2020
    Category: Morningstar US CEF Covered Call

    Past 20 Years

    Return YearPriceNAVCategory - PriceCategory - NAV
    YTD-6.74%-0.91%-12.09%-4.66%
    201929.34%13.08%28.63%22.38%
    2018-9.60%-6.04%-11.75%-7.93%
    20170.29%-1.34%23.10%16.38%
    2016-0.84%-2.84%8.90%8.17%
    20158.55%9.23%1.86%0.11%
    2014-1.08%1.88%7.53%4.80%
    2013-10.33%-7.21%19.68%17.79%
    201217.60%8.98%14.03%10.09%
    20119.42%12.93%-8.50%-0.23%
    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 10/31/2020
    Category: Morningstar US CEF Covered Call

    Past performance is no guarantee of future results.

    Portfolio Characteristics

    Portfolio Characteristics
    Number of Holdings:
    As of 9/30/2020
    140
    Annual Portfolio Turnover:
    As of 12/31/2019
    109.00%
    Asset Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Top Sectors

    As of 9/30/2020 reported by Fund Sponsor

    Sector%Portfolio
    Sensitive (Super Sector)54.20%
    Technology33.75%
    Cyclical (Super Sector)25.03%
    Defensive (Super Sector)20.54%
    Consumer Cyclical14.08%
    Communication Services13.83%
    Healthcare11.26%
    Financial Services8.37%
    Consumer Defensive6.83%
    Industrials5.12%
    Top Holdings

    As of 9/30/2020 reported by Fund Sponsor

    HoldingValue% Portfolio
    Apple Inc$10.12M10.31%
    Microsoft Corp$8.61M8.78%
    Amazon.com Inc$7.82M7.97%
    Facebook Inc A$3.14M3.20%
    NVIDIA Corp$2.77M2.83%
    Alphabet Inc Class C$2.61M2.66%
    Alphabet Inc A$2.47M2.52%
    Adobe Inc$2.39M2.44%
    PepsiCo Inc$1.83M1.87%
    Netflix Inc$1.65M1.68%
    Country Allocation

    As of 9/30/2020 reported by Fund Sponsor

    Country% Portfolio
    United States - Equity98.81%
    United Kingdom - Equity0.73%
    Switzerland - Equity0.12%
    Russia - Equity0.10%

    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.

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