BOSTON, Sept. 8, 2011 /PRNewswire/ -- Eaton Vance Tax-Managed Buy-Write Income Fund (NYSE: ETB), a diversified, closed-end management investment company, today announced the earnings of the Fund for the three and the six months ended June 30, 2011. The Fund's fiscal year ends on December 31, 2011.
For the three months ended June 30, 2011, the Fund had net investment income of $1,156,210 ( $0.047 per share). For the six months ended June 30, 2011, the Fund had net investment income of $2,161,967 ( $0.088 per share). In comparison, for the three months ended June 30, 2010, the Fund had net investment income of $977,480 ( $0.039 per share). For the six months ended June 30, 2010, the Fund had net investment income of $2,102,506 ( $0.085 per share).
Net realized and unrealized gains for the three months ended June 30, 2011 were $2,082,224 ( $0.090 per share). Net realized and unrealized gains for the six months ended June 30, 2011 were $12,678,086 ( $0.520 per share). In comparison, net realized and unrealized losses for the three months ended June 30, 2010 were $34,432,209 ( $1.403 per share). Net realized and unrealized losses for the six months ended June 30, 2010 were $28,412,021 ( $1.155 per share).
On June 30, 2011, net assets of the Fund were $369,267,262. The net asset value per share on June 30, 2011 was $14.98 based on 24,654,545 shares outstanding. In comparison, on June 30, 2010, net assets of the Fund were $335,309,559. The net asset value per share on June 30, 2010 was $13.62 based on 24,617,749 shares outstanding.The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds"). Fund portfolio holdings for the most recent calendar quarter-end are also posted to the website approximately 30 days following quarter-end. The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $199.0 billion in assets as of July 31, 2011, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com. SOURCE Eaton Vance Management
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