Jul. 31, 2025 12:15 PM ETEaton Vance Tax-Managed Buy-Write Income Fund (ETB)ETB, NVDA, MSFT, AAPL, AMZN, BRK.B, QQQCain Lee6.41K FollowersSummaryETB offers an attractive 8.7% yield, reliable monthly income, and trades at a historically large discount to NAV, making it appealing for income-focused investors.The fund's option-writing strategy generates income but limits upside participation, causing long-term underperformance versus growth-focused ETFs like QQQ.ETB's portfolio is concentrated in high-quality technology and financial stocks, supporting consistent earnings and stable distributions, even through market volatility.While not ideal for growth seekers, ETB is a strong choice for those prioritizing tax-efficient, stable income from a diversified equity portfolio.PM ImagesOverviewEaton Vance Tax-Managed Buy-Write Income Fund (NYSE:ETB) operates as a closed end fund that aims to provide attractive total returns through its portfolio of equities and option writing strategy. The fund has an inception dating backThis article was written byCain Lee6.41K FollowersFinancial analyst by day and a seasoned investor by passion, I've been involved in the world of investing for over 15 years and honed my skills in analyzing lucrative opportunities within the market.I specialize in uncovering high quality dividend stocks and other assets that offer potential for long term-growth that pack a serious punch for bill-paying potential. I use myself as an example that with a solid base of classic dividend growth stocks, sprinkling in some Business Development Companies, REITs, and Closed End Funds can be a highly efficient way to boost your investment income while still capturing a total return that follows traditional index funds. I created a hybrid system between growth and income and manage to still capture a total return that is on par with the S&P.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in ETB, over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.CommentsRecommended For You