ETW

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW

$8.46

0.12%

Market Cap: $927M

About: Eaton Vance Tax-mangd Glo Buy-write Oppo is a United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. The fund invests in a diversified portfolio of common stocks and writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio to generate current earnings from the option premium. Its portfolio of investments consists of the capital markets, chemicals, banks, biotechnology, media, and other sectors.

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Funds holding %

of 6,728 funds

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Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

27% more repeat investments, than reductions

Existing positions increased: 52 | Existing positions reduced: 41

18% more first-time investments, than exits

New positions opened: 20 | Existing positions closed: 17

2% more funds holding

Funds holding: 141 [Q1] → 144 (+3) [Q2]

2.38% less ownership

Funds ownership: 28.0% [Q1] → 25.62% (-2.38%) [Q2]

8% less capital invested

Capital invested by funds: $247M [Q1] → $227M (-$19.6M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for ETW.

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Financial journalist opinion

ETW: Foreign Currency Exposure Proves Beneficial For This High-Yielding CEF

The Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund offers high-income and potential inflation protection through global asset exposure, with a current yield of 9.79%. Despite underperforming its domestic-only counterpart, the fund's global diversification and option-writing strategy provide a cushion against market downturns and profit from currency fluctuations.

ETW: Foreign Currency Exposure Proves Beneficial For This High-Yielding CEF

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 9/3/2024 Ex-Date – 9/13/2024 Record – 9/13/2024 Payable – 9/20/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 8/30/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.90 5.50% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.78 5.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 8/1/2024 Ex-Date – 8/12/2024 Record – 8/12/2024 Payable – 8/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 7/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.96 5.47% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.64 5.79% Ta.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 7/1/2024 Ex-Date – 7/11/2024 Record – 7/11/2024 Payable – 7/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 6/28/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 $0.0066 $10.88 5.51% Eaton Vance Municipal Income Trust EVN $0.0513 $0.0052 $10.35.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

ETW: Slight Increase To Foreign Exposure And A Very Attractive Price (Rating Upgrade)

The Eaton Vance Global Tax-Managed Buy-Write Opportunities Fund offers a high level of income with exposure to global equities. The Fund's current yield of 9.66% compares well with peers and provides a sustainable level of income for investors. The Fund's portfolio changes, distribution analysis, and valuation suggest it is a reasonable option for high income seekers with some risk tolerance.

ETW: Slight Increase To Foreign Exposure And A Very Attractive Price (Rating Upgrade)

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their May distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Eaton Vance Raises Distributions On All Equity CEFs

After speculating earlier this year that Eaton Vance would raise its distributions on its equity CEFs, that was finally confirmed last week on April 1. The distribution increases range from 4.6% for ETV to 32.2% for EOS which gets most of the funds back up to their previous distribution levels from 2022.

Eaton Vance Raises Distributions On All Equity CEFs

ETW And EXG: Globally Diversified Call Writing Funds

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) and Eaton Vance Tax-Managed Global Diversified Equity Income Fund (EXG) both present attractive valuations and provide some global diversification. Both funds utilize an index call writing strategy, though the percentage overwrite target is different and the underlying benchmarks are different as well. These funds deliver attractive monthly distributions to their investors as well, with recent increases being announced from the lineup of Eaton Vance equity funds.

ETW And EXG: Globally Diversified Call Writing Funds

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

BOSTON--(BUSINESS WIRE)--The Eaton Vance closed-end funds listed below released today the estimated sources of their March distributions (each a “Fund”). This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission. The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount.

Eaton Vance Closed-End Funds Release Estimated Sources of Distributions

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 3/1/2024 Ex-Date – 3/8/2024 Record – 3/11/2024 Payable – 3/18/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 2/29/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0434 - $10.40 5.01% Eaton Vance Municipal Income Trust EVN $0.0461 - $10.15 5.45% Taxab.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

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