BOSTON, Sept. 8, 2011 /PRNewswire/ -- Eaton Vance
Tax-Managed Buy-Write Income Fund (NYSE: ETB), a diversified,
closed-end management investment company, today announced the
earnings of the Fund for the three and the six months ended
June 30, 2011. The Fund's
fiscal year ends on December 31,
2011.
For the three months ended June 30,
2011, the Fund had net investment income of $1,156,210 ($0.047
per share). For the six months ended June
30, 2011, the Fund had net investment income of $2,161,967 ($0.088
per share). In comparison, for the three months ended
June 30, 2010, the Fund had net
investment income of $977,480
($0.039 per share). For the six
months ended June 30, 2010, the Fund
had net investment income of $2,102,506 ($0.085
per share).
Net realized and unrealized gains for the three months ended
June 30, 2011 were $2,082,224 ($0.090
per share). Net realized and unrealized gains for the six
months ended June 30, 2011 were
$12,678,086 ($0.520 per share). In comparison, net realized
and unrealized losses for the three months ended June 30, 2010 were $34,432,209 ($1.403
per share). Net realized and unrealized losses for the six
months ended June 30, 2010 were
$28,412,021 ($1.155 per share).
On June 30, 2011, net assets of
the Fund were $369,267,262. The
net asset value per share on June 30,
2011 was $14.98 based on
24,654,545 shares outstanding. In comparison, on June 30, 2010, net assets of the Fund were
$335,309,559. The net asset
value per share on June 30, 2010 was
$13.62 based on 24,617,749 shares
outstanding.
The Fund periodically makes certain performance data and
information about portfolio characteristics available on
www.eatonvance.com (on the fund information page under "Individual
Investors – Closed-End Funds"). Fund portfolio holdings for the
most recent calendar quarter-end are also posted to the website
approximately 30 days following quarter-end.
The Fund is managed by Eaton Vance Management, a subsidiary of
Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment
management firms in the United
States, with a history dating back to 1924. Eaton Vance and
its affiliates managed $199.0 billion
in assets as of July 31, 2011,
offering individuals and institutions a broad array of investment
strategies and wealth management solutions. The Company's
long record of providing exemplary service and attractive returns
through a variety of market conditions has made Eaton Vance the
investment manager of choice for many of today's most discerning
investors. For more information about Eaton Vance, visit
www.eatonvance.com.
SOURCE Eaton Vance Management