Eaton Vance Tax-Managed Buy-Write Income Fund (ETB)

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The chart shows the growth of an initial investment of $10,000 in Eaton Vance Tax-Managed Buy-Write Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) has returned -3.57% so far this year and 15.23% over the past 12 months. Over the last ten years, ETB has returned 7.48% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Apr 27, 2005, ETB's average daily return is +0.04%, while the average monthly return is +0.75%. At this rate, your investment would double in approximately 7.7 years.

Historically, 61% of months were positive and 39% were negative. The best month was Oct 2022 with a return of +20.8%, while the worst month was Sep 2022 at -16.8%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 6 months.

On a daily basis, ETB closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +15.2%, while the worst single day was Mar 16, 2020 at -13.0%.

Eaton Vance Tax-Managed Buy-Write Income Fund has an annualized alpha of 1.96%, beta of 0.75, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since April 28, 2005.

• This fund participated in 92.49% of S&P 500 Index downside but only 89.01% of its upside — more exposed to losses than it benefited from rallies.

ETB has an expense ratio of 0.01%, which is considered low.

ETB ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.

The table below present risk-adjusted performance metrics for Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) and compare them to a chosen benchmark (S&P 500 Index).

Eaton Vance Tax-Managed Buy-Write Income Fund provided a 8.80% dividend yield over the last twelve months, with an annual payout of $1.27 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Eaton Vance Tax-Managed Buy-Write Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the Eaton Vance Tax-Managed Buy-Write Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Eaton Vance Tax-Managed Buy-Write Income Fund was 51.09%, occurring on Nov 20, 2008. Recovery took 213 trading sessions.

The current Eaton Vance Tax-Managed Buy-Write Income Fund drawdown is 6.30%.

The chart below shows the rolling one-month volatility.