Eaton Vance Tax-Managed Buy-Write Income Fund Report Of Earnings PR Newswire BOSTON, June 21, 2013 BOSTON, June 21, 2013 /PRNewswire/ --Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB), a closed-end management investment company, today announced the earnings of the Fund for the three months ended March 31, 2013. The Fund's fiscal year ends on December 31, 2013. For the three months ended March 31, 2013, the Fund had net investment income of $1,071,416 ($0.043 per share). In comparison, for the three months ended March 31, 2012, the Fund had net investment income of $1,117,169 ($0.045 per share). Net realized and unrealized gains for the three months ended March 31, 2013 were $24,004,633 ($0.974 per share). In comparison, net realized and unrealized gains for the three months ended March 31, 2012 were $23,913,163 ($0.970 per share). On March 31, 2013, net assets of the Fund were $384,372,063. The net asset value per share on March 31, 2013 was $15.59 based on 24,654,545 shares outstanding. In comparison, on March 31, 2012, net assets of the Fund were $379,222,681. The net asset value per share on March 31, 2012 was $15.38 based on 24,654,545 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 month-end are also posted to the website approximately 30 days following month-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 $260.3 billion in assets as of April 30, 2013, 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. EATON VANCE TAX-MANAGED BUY-WRITE INCOME FUND SUMMARY OF RESULTS OF OPERATIONS (in thousands, except per share amounts) Three Months Three Months Ended Ended March 31, March 31, 2013 2012 Gross investment income $ 2,150 $ 2,159 Operating expenses (1,079) (1,042) Net investment income $ 1,071 $ 1,117 Net realized and unrealized gains (losses) on investments $ 24,005 $ 23,913 Net increase (decrease) in net assets from operations $ 25,076 $ 25,030 Earnings per Share Outstanding Gross investment income $ 0.087 $ 0.087 Operating expenses (0.044) (0.042) Net investment income $ 0.043 $ 0.045 Net realized and unrealized gains (losses) on investments $ 0.974 $ 0.970 Net increase (decrease) in net assets from operations $ 1.017 $ 1.015 Net Asset Value at March 31 Net assets $ 384,372 $ 379,223 Shares outstanding 24,655 24,655 Net asset value per share $ 15.59 $ outstanding 15.38 Market Value Summary Market price on NYSE at March 31 $ 14.64 $ 13.70 High market price (period ended $ 14.97 $ March 31) 13.78 Low market price (period ended March $ 14.06 $ 31) 12.81 SOURCE Eaton Vance Management Website: http://www.eatonvance.com Contact: Investor Contact: (800) 262-1122
Eaton Vance Tax-Managed Buy-Write Income Fund Report Of Earnings
Press spacebar to pause and continue. Press esc to stop.