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Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV)

Equity · Currency in USD · Last updated May 27, 2023

Company Info

ISINUS27828Y1082
CUSIP27828Y108
SectorFinancial Services
IndustryAsset Management

Highlights

Market Cap$1.59B
EPS$2.75
PE Ratio5.57
PEG RatioN/A
Revenue (TTM)$0.00
Gross Profit (TTM)$0.00
Year Range$11.41 - $14.65

Share Price Chart


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Performance

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


-10.00%-5.00%0.00%5.00%December2023FebruaryMarchAprilMay
-1.89%
6.09%
ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund)
Benchmark (^GSPC)

S&P 500

Compare to other instruments

Search for stocks, ETFs, and funds to compare with ETV

Return

Eaton Vance Tax-Managed Buy-Write Opportunities Fund had a return of 3.31% year-to-date (YTD) and -6.65% in the last 12 months. Over the past 10 years, Eaton Vance Tax-Managed Buy-Write Opportunities Fund had an annualized return of 8.34%, while the S&P 500 had an annualized return of 9.83%, indicating that Eaton Vance Tax-Managed Buy-Write Opportunities Fund did not perform as well as the benchmark.


PeriodReturnBenchmark
1 month0.28%1.70%
Year-To-Date3.31%9.53%
6 months-2.72%4.45%
1 year-6.65%1.14%
5 years (annualized)4.40%9.10%
10 years (annualized)8.34%9.83%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20237.15%0.10%-1.96%-1.48%
20229.34%-5.29%-7.73%

Risk-Adjusted Performance

This table presents a comparison of risk-adjusted performance metrics for Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) and S&P 500 (^GSPC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
ETV
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
-0.09
^GSPC
S&P 500
0.27

Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current Eaton Vance Tax-Managed Buy-Write Opportunities Fund Sharpe ratio is -0.09. A negative Sharpe ratio means that the risk-free rate is higher than the portfolio's return. This value does not convey any meaningful information.

The chart below displays rolling 12-month Sharpe Ratio.


-1.00-0.80-0.60-0.40-0.200.000.200.40December2023FebruaryMarchAprilMay
-0.09
0.27
ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund)
Benchmark (^GSPC)

Dividend History

Eaton Vance Tax-Managed Buy-Write Opportunities Fund granted a 14.50% dividend yield in the last twelve months. The annual payout for that period amounted to $1.77 per share.


PeriodTTM20222021202020192018201720162015201420132012
Dividend$1.77$1.30$1.33$1.33$1.33$1.33$1.33$1.33$1.33$1.33$1.33$1.33

Dividend yield

14.50%10.97%9.02%10.68%12.08%14.64%14.01%15.83%16.81%19.99%21.96%27.19%

Monthly Dividends

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


JanFebMarAprMayJunJulAugSepOctNovDec
2023$0.09$0.09$0.09$0.09
2022$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.09$0.09
2021$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2020$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2019$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2018$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2017$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2016$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2015$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2014$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2013$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11$0.11
2012$0.33$0.00$0.00$0.33$0.00$0.00$0.33$0.00$0.00$0.33

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-22.00%-20.00%-18.00%-16.00%-14.00%-12.00%December2023FebruaryMarchAprilMay
-17.47%
-12.32%
ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the Eaton Vance Tax-Managed Buy-Write Opportunities Fund. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the Eaton Vance Tax-Managed Buy-Write Opportunities Fund is 52.11%, recorded on Nov 20, 2008. It took 206 trading sessions for the portfolio to recover.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-52.11%Jun 20, 2007361Nov 20, 2008206Sep 17, 2009567
-42.39%Jan 21, 202044Mar 23, 2020100Aug 13, 2020144
-22.71%Dec 28, 2021253Dec 28, 2022
-21.35%Oct 2, 201858Dec 24, 201877Apr 16, 2019135
-19.67%Dec 28, 2009407Aug 8, 2011114Jan 20, 2012521

Volatility Chart

The current Eaton Vance Tax-Managed Buy-Write Opportunities Fund volatility is 3.38%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%December2023FebruaryMarchAprilMay
3.38%
3.82%
ETV (Eaton Vance Tax-Managed Buy-Write Opportunities Fund)
Benchmark (^GSPC)