Top 10 Income Funds From Eaton Vance (November Update)

Eaton Vance's top taxable closed-end funds offer attractive yields, discounts to NAV, and strong long-term returns, making them appealing for income-focused investors. Current market volatility has widened discounts to NAV, creating buying opportunities which I highlight in the article. I prioritize funds trading at an 8%+ yield and significant NAV discounts, with a preference for those using tax-advantaged strategies and diversified asset mixes.

Seeking Alpha • Nov 21, 2025

ETB: A Consistent Buy-Write Options Fund, With 8.5% Yield And 7% Discount

Eaton Vance Tax-Managed Buy-Write Income Fund offers an 8.5% yield and trades at an attractive 6.8% discount to NAV, appealing to income-focused investors. ETB employs a covered call strategy on a diversified portfolio of 153 US equities, with a strong technology sector tilt and no leverage. Covered call strategy helps to raise income and reduce volatility but also limits the upside. For existing holders of this fund, whose primary goal is income, ETB is a 'hold' for a reliable stream of income and some growth over the long term. New investors should accumulate on a dollar-cost-average basis.

Seeking Alpha • Oct 19, 2025

ETB: Discounted Valuation & Well Supported Dividend

ETB offers an attractive 8.7% yield, reliable monthly income, and trades at a historically large discount to NAV, making it appealing for income-focused investors. The fund's option-writing strategy generates income but limits upside participation, causing long-term underperformance versus growth-focused ETFs like QQQ. ETB's portfolio is concentrated in high-quality technology and financial stocks, supporting consistent earnings and stable distributions, even through market volatility.

Seeking Alpha • Jul 31, 2025

Top 10 Income Funds From Eaton Vance

Eaton Vance's top taxable closed-end funds offer reliable monthly income, strong long-term returns, and are managed by highly skilled teams with proven track records. I prioritize funds trading at a discount to NAV with distribution yields near or above 8%, focusing on both income and capital appreciation potential. For total return, EOS and EOI are top picks; for dividend income, EVT (domestic) and ETG (global) provide diversification and attractive yields.

Seeking Alpha • Jul 29, 2025

3 ‘Secret' Income Plays Throwing Off Huge 7.5%+ Dividend Yields

I'm just going to come out and say it: If you want to be financially independent (and who doesn't?), you must own closed-end funds (CEFs).

Forbes • Jun 14, 2025

ETB: Hard To Recommend This Fund In A Bull Market

ETB offers a high 9.2% yield via a buy-write strategy, but has struggled to cover it year-to-date, and caps upside in bull markets. The fund underperforms both the S&P 500 and its sister fund ETY during bull runs, making it less attractive for long-term growth investors. ETB is best suited for flat or mildly bearish markets, offering some downside protection but limited capital appreciation potential.

Seeking Alpha • May 29, 2025

ETB: Option Writing Fund To Keep Cash Flow Rolling In

ETB's discount has widened out some recently, but a 'Hold' rating remains appropriate. ETB's strategy involves writing index options against the S&P 500, which can lead to underperformance in strong bull markets, but potential outperformance in flat markets. The fund offers an attractive 8.70% yield with a tax-friendly distribution characterization with an emphasis on being a "tax-managed" fund.

Seeking Alpha • Mar 13, 2025

ETB: Providing A Distribution Rate Of ~8.5% With Monthly Pay

Eaton Vance Tax-Managed Buy-Write Income Fund offers S&P 500-like exposure with a call-writing strategy, providing strong performance and an attractive 8.42% distribution yield. Despite a narrowing discount, ETB remains appealing for long-term, income-focused investors, though a cautious dollar-cost averaging approach could be appropriate given current market conditions. The fund's distribution relies on capital gains from its underlying portfolio or options writing strategy to fund its payout, providing potential gains in both an upward and flat market environment.

Seeking Alpha • Dec 4, 2024

ETB: Equity CEF Still At A Discount, Over 8% Yield

Eaton Vance Tax-Managed Buy-Write Income Fund is undervalued, trading at a -7% discount to NAV, despite a robust performance in 2024 and a history of trading at a premium. ETB closely tracks the S&P 500 via its holdings, and benefits from high volatility due to its short-dated, at-the-money options strategy. The fund's long-term stable NAV and 8.8% distribution rate make it a compelling alternative to an outright S&P 500 position, especially in a volatile market.

Seeking Alpha • Oct 4, 2024

ETB: The Fund's Tech-Heavy Portfolio Might Be Risky In The Current Environment

Eaton Vance Tax-Managed Buy-Write Income Fund offers high-income potential and inflation protection through equity investments. The ETB closed-end fund yields 9.21%, outperforming peers in the same Morningstar category. The fund strategy involves owning stocks and selling index call options, with high exposure to technology stocks, potentially risky in current market conditions.

Seeking Alpha • Aug 5, 2024