Shares of Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest (NYSE:ETV) traded today at $16.86, eclipsing its 52-week high. So far today approximately 101,000 shares have been exchanged, as compared to an average 30-day volume of 287,000 shares.
Based on a current price of $16.77, Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest is currently 69.6% above its average consensus analyst price target of $5.10.
Eaton Vance Tax-Managed Buy-Write Opp is the United States-based diversified, closed-end management investment company. Its primary investment objective is to provide current income and gains. The secondary objective of the fund is capital appreciation. The fund invests in a diversified portfolio of common stocks and writes call options on one or more U.S. indices on a substantial portion of the value of its common stock portfolio to generate current earnings from the option premium. Its portfolio of investments consists of the capital markets, chemicals, banks, biotechnology, media, and other sectors.
Eaton Vance Corporation Tax-Managed Buy-Write Opportunities Fund of Beneficial Interest share prices have moved between a 52-week high of $16.86 and a 52-week low of $14.77 and are now trading 14% above that low price at $16.77 per share.
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