Eaton Vance Tax-Managed Buy-Write Income Fund Report of Earnings as of September 30, 2006.BOSTON -- Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Tax Managed Buy-Write Income Fund (NYSE NYSE See: New York Stock Exchange : ETB ETB - End Transmission Block ) (The "Fund"), a diversified closed-end investment company closed-end investment company: see mutual fund. , today announced the earnings of the Fund for the three and nine-months period ended September 30, 2006. The Fund's fiscal year ends on December 31, 2006. For the three months ended September 30, 2006, the Fund had net investment income of $1,242,331 ($0.051 per common share). The Funds net investment income for the nine months ended September 30, 2006 was $3,829,071 ($0.156 per common share). In comparison, for the three months ended September 30, 2005, the Fund had net investment income of $1,049,070 ($0.043 per common share). For the period from the start of business, April 29, 2005, to September 30, 2005, the Fund had net investment income of $2,010,787 ($0.084 per common share). Net realized and unrealized gains for the three months ended September 30, 2006 were $17,831,723 ($0.727 per common share). The Funds net realized and unrealized gains for the nine months ended September 30, 2006 were $38,753,930 ($1.580 per common share). In comparison, net realized and unrealized losses for the three months ended September 30, 2005 were $16,985,601 ($0.693 per common share). Net realized and unrealized gains for the period from the start of business, April 29, 2005, to September 30, 2005 were $28,852,646 ($1.211 per common share). On September 30, 2006, net assets Net assets The difference between total assets on the one hand and current liabilities and noncapitalized long-term liabilities on the other hand. net assets See owners' equity. of the Fund applicable to common shares were $485,315,539. The net asset value per common share on September 30, 2006 was $19.78 based on 24,529,642 common shares outstanding. In comparison, the net assets of the Fund on September 30, 2005 applicable to common shares were $487,281,850. The net asset value per common share on September 30, 2005 was $19.88 based on 24,514,154 common shares outstanding. The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp, which is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EV. Eaton Vance and its affiliates had over $128.9 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. on October 31, 2006. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Management at (617) 262-1122. [TABLE OMITTED] |
|
||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion