ETV
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
About: Eaton Vance Tax-Managed Buy-Write Opp is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. Under normal market conditions, the Fund invests at least 80% of its total assets in a diversified portfolio of common stocks, designated segments of which seek to exceed the total return performance of the S&P 500 and the NASDAQ-100.
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
12% more repeat investments, than reductions
Existing positions increased: 55 | Existing positions reduced: 49
6% more first-time investments, than exits
New positions opened: 17 | Existing positions closed: 16
0.33% less ownership
Funds ownership: 17.4% [Q4 2024] → 17.07% (-0.33%) [Q1 2025]
3% less funds holding
Funds holding: 176 [Q4 2024] → 171 (-5) [Q1 2025]
10% less capital invested
Capital invested by funds: $293M [Q4 2024] → $264M (-$28.9M) [Q1 2025]
33% less funds holding in top 10
Funds holding in top 10: 3 [Q4 2024] → 2 (-1) [Q1 2025]
Research analyst outlook
We haven’t received any recent analyst ratings for ETV.
Financial journalist opinion
Neutral
Seeking Alpha
1 month ago
ETV: The Premium That Wasn't (Rating Downgrade)
The Eaton Vance Tax-Managed Buy-Write Opportunities Fund has been a reliable way to transform equity market returns into dividends. Elevated volatility, as indicated by the VIX index, has returned, making the current macro environment more favorable for ETV. The resurgence of volatility above 20 is reminiscent of 2022, impacting the risk/return profile of ETV.
Neutral
Seeking Alpha
2 months ago
ETV: Tech Slump Weighs On This Monthly Payer
The Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) offers a monthly distribution yield of 8.91% and utilizes a call-writing strategy on the S&P 500 and Nasdaq indexes. ETV's discount has narrowed, but with recent market volatility, it is a potentially attractive option for income-focused investors. With a portfolio weighted towards tech stocks, that has contributed to its recent pressure.
Neutral
Business Wire
3 months ago
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their February distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.
Positive
Seeking Alpha
3 months ago
ETV: Trades At An Attractive Discount To NAV
ETV offers a balanced approach with capital appreciation and consistent income through a diverse equity portfolio and option writing strategy. ETV's price stability, experienced management, and attractive discount to NAV make it a solid entry point. Additionally, the current dividend yield of 8.3% is supported by earnings. The fund's option strategy caps upside potential but provides steady returns, making it ideal for income-focused investors, especially in a sideways or slow-growing market.
Neutral
Business Wire
4 months ago
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 2/3/2025 Ex-Date – 2/13/2025 Record – 2/13/2025 Payable – 2/24/2025 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 1/31/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.14 5.92% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.31 5.97% Taxabl.
Neutral
Business Wire
5 months ago
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 1/2/2025 Ex-Date – 1/13/2025 Record – 1/13/2025 Payable – 1/22/2025 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 12/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.04 5.98% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.11 6.09% Taxable.
Neutral
Business Wire
5 months ago
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their December distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.
Neutral
Business Wire
6 months ago
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 12/2/2024 Ex-Date – 12/12/2024 Record – 12/12/2024 Payable – 12/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 11/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.65 5.63% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.79.
Positive
Seeking Alpha
6 months ago
ETV And FFA: Call Writing Funds Generating High Distributions For Investors
Closed-end funds can enhance distributions through borrowings or writing covered calls, with the latter offering reduced volatility but still higher relative yields. Eaton Vance Tax-Managed Buy-Write Opportunities Fund focuses on a tech-heavy portfolio, writing at-the-money options, and has a distribution yield of 8.25%. First Trust Enhanced Equity Income Fund employs an overwrite strategy and also carries a higher tech tilt; the fund offers a 6.86% distribution yield.
Neutral
Business Wire
6 months ago
Eaton Vance Closed-End Funds Release Estimated Sources of Distributions
BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their November distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amo.
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