ETV

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

A closed-end investment fund that holds U.S. common stocks while selling ("writing") call options on stock indices like the Nasdaq-100 and S&P 500 — a "buy-write" strategy that turns option premiums into income for shareholders. Founded in 2005 and traded on the New York Stock Exchange, it's sponsored by Boston money manager Eaton Vance, whose own name comes from a 1979 merger of two investment firms rooted in 1924 and 1934 Boston.

Closed-End Fund