Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
ETW
New York Stock Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) is a diversified, closed-end management investment company whose primary objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund invests in a global portfolio of common stocks across diversified sectors including information technology, consumer discretionary, financials, industrials, health care, and communication services; it writes call options on one or more U.S. and foreign indices, such as the S&P 500 Index, CBOE S&P 500 BuyWrite Index, CBOE NASDAQ-100 BuyWrite Index, and FTSE Eurotop 100 Index, on a substantial portion of the value of its common stock portfolio to generate current earnings from option premiums while seeking to minimize and defer federal income taxes for shareholders through tax-managed techniques. Eaton Vance Management serves as the adviser, with co-management by Parametric Portfolio Associates LLC, employing proprietary modeling and internal research for investment decisions; the Fund operates a managed distribution plan providing monthly distributions, recently at $0.0664 per share, with a distribution rate of 8.57% at NAV and 9.46% at market price as of December 31, 2024. Launched on September 30, 2005 and listed on the New York Stock Exchange, the Fund maintains total net assets of approximately $1.0 billion, with 279 equity holdings representing 95% of its stock portfolio and an average of 16 days to option expiration at 3.40% out-of-the-money; its geographic exposure includes 57.78% North America, 29.74% Europe, and 12.48% Asia/Pacific. Headquartered in Boston, Massachusetts, at One Post Office Square, the Fund is part of Eaton Vance, an investment management firm with roots dating to 1924 that now operates under Morgan Stanley Investment Management. In recent developments, the Fund has maintained consistent monthly distributions under its managed distribution plan, with recent payouts including $0.0664 per share in December 2024, and continues to emphasize tax-efficient strategies amid market volatility; as of late 2024, top holdings feature leading global names such as Apple Inc. (5.24%), NVIDIA Corp. (4.64%), Microsoft Corp. (4.48%), and Amazon.com Inc. (3.24%), reflecting sustained focus on high-growth equities paired with covered call writing for income generation.