Eaton Vance Tax-Managed Buy-Write Income Fund Report Of Earnings

       Eaton Vance Tax-Managed Buy-Write Income Fund Report Of Earnings

PR Newswire

BOSTON, Sept. 11, 2013

BOSTON, Sept. 11, 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 and six months ended June 30,
2013. The Fund's fiscal year ends on December 31, 2013.

For the three months ended June 30, 2013, the Fund had net investment income
of $1,146,636 ($0.047 per share). For the six months ended June 30, 2013, the
Fund had net investment income of $2,218,052 ($0.090 per share). In
comparison, for the three months ended June 30, 2012, the Fund had net
investment income of $1,163,101 ($0.047 per share). For the six months ended
June 30, 2012, the Fund had net investment income of $2,280,270 ($0.092 per
share).

Net realized and unrealized gains for the three months ended June 30, 2013
were $4,830,044 ($0.194 per share). Net realized and unrealized gains for the
six months ended June 30, 2013 were $28,834,677 ($1.168 per share). In
comparison, net realized and unrealized losses for the three months ended June
30, 2012 were $1,103,926 ($0.044 per share). Net realized and unrealized gains
for the six months ended June 30, 2012 were $22,809,237 ($0.926 per share).

On June 30, 2013, net assets of the Fund were $382,360,671. The net asset
value per share on June 30, 2013 was $15.51 based on 24,654,545 shares
outstanding. In comparison, on June 30, 2012, net assets of the Fund were
$371,293,782. The net asset value per share on June 30, 2012 was $15.06 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 $268.8 billion in assets as of July 31, 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 Ended           Six Months Ended
                         June 30,                    June 30,
                         2013         2012            2013         2012
Gross investment income  $       $         $       $     
                          2,251      2,212            4,401       4,371
Operating expenses       (1,104)      (1,049)         (2,183)      (2,091)
 Net investment income   $       $         $       $     
                          1,147      1,163            2,218       2,280
Net realized and
unrealized gains
(losses)
 on investments         $       $          $       $     
                          4,830      (1,104)        28,835       22,809
 Net increase
 (decrease) in net
 assets
  from operations       $       $         $       $     
                          5,977         59        31,053       25,089
Earnings per Share
Outstanding
Gross investment income  $       $         $       $     
                          0.092      0.090            0.179       0.177
Operating expenses       (0.045)      (0.043)         (0.089)      (0.085)
 Net investment income  $       $         $       $     
                          0.047      0.047            0.090       0.092
Net realized and
unrealized gains
(losses)
 on investments         $       $          $       $     
                          0.194      (0.044)         1.168       0.926
 Net increase
 (decrease) in net
 assets
  from operations       $       $         $       $     
                          0.241      0.003            1.258       1.018
Net Asset Value at June 30
 Net assets                                          $        $    
                                                      382,361      371,294
 Shares outstanding                                  24,655       24,655
 Net asset value per share outstanding                $       $     
                                                       15.51       15.06
Market Value Summary
 Market price on NYSE at June 30                      $       $     
                                                       14.51       13.44
 High market price (period ended June 30)             $       $     
                                                       15.58       13.79
 Low market price (period ended June 30)              $       $     
                                                       14.06       12.59

SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investors: (800) 262-1122
 
Press spacebar to pause and continue. Press esc to stop.