ETV Research | Milton Maxwell

ETV

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

14.20

+0.02+0.14%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

1.66B

P/E (TTM)

9.86

Basic EPS (TTM)

1.44

Dividend Yield

0.08%

Recent Filings

8-K

New board chair appointed

8/28/25Aug 28, 2025

Eaton Vance Tax-Managed Buy-Write Opportunities Fund appointed Scott E. Wennerholm as Chairperson of the Board, effective August 27, 2025, for a four-year term. He replaces Susan J. Sutherland, who acted as interim leader since August 9, 2025, after the prior chair's passing. This shift stabilizes governance amid recent transition. Leadership continuity now secured.

8-K

Chairperson's sudden passing

8/14/25Aug 14, 2025

Eaton Vance Tax-Managed Buy-Write Opportunities Fund announced the unexpected death of Chairperson Mark R. Fetting on August 9, 2025, prompting swift leadership adjustments. Susan J. Sutherland stepped in as acting Chairperson, while the Board shrank from ten to nine members effective August 12. This transition ensures continuity amid the Fund's ongoing operations.

8-K

By-laws amend eliminates control provisions

10/10/24Oct 10, 2024

Eaton Vance Tax-Managed Buy-Write Opportunities Fund eliminated its Control Share Provisions through Amendment No. 1 to the By-Laws, effective October 10, 2024, following a January 2023 board vote to exempt such acquisitions. This formalizes prior exemptions, easing share buy-ins without triggering control restrictions. The change streamlines ownership transfers. No financial impacts disclosed.

8-K

Board suspends control share by-law

2/1/23Feb 1, 2023

On January 26, 2023, the Eaton Vance Tax-Managed Buy-Write Opportunities Fund's Board voted to exempt all prior and new share purchases from its Control Share By-Law provisions until further notice, following a Massachusetts Superior Court ruling that deemed the by-law non-compliant with the Investment Company Act. The decision stems from ongoing litigation with Saba Capital, where the court upheld the Board's fiduciary duty but invalidated the by-law's voting restrictions. This opens the door for unrestricted ownership changes. Litigation continues.

8-K

Fund adopts anti-activist voting limits

8/13/20Aug 13, 2020

Eaton Vance Tax-Managed Buy-Write Opportunities Fund amended its By-Laws on August 13, 2020, introducing Control Share Provisions to curb activist investor influence. These rules limit voting rights for shares acquired in blocks granting 10% or more voting power, requiring approval from non-interested shareholders. The move shields the fund from opportunistic takeovers. Pre-2020 holdings remain unaffected.

About

Eaton Vance Tax-Managed Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in the public equity markets of the United States. It seeks to invest in stocks of companies operating across diversified sectors. The fund also writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the NASDAQ-100 Index, and the CBOE NASDAQ-100 BuyWrite Index. Eaton Vance Tax-Managed Buy-Write Opportunities Fund was formed on June 30, 2005 and is domiciled in the United States.

CEO

Mr. Thomas Chanlin Seto

IPO

6/28/2005

Website

https://funds.eatonvance.com/Tax-Managed-Buy-Write-Opportunities-Fund-ETV.php

Sector

Financial Services

Industry

Asset Management