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Message Boards Settings Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW) - Quote Info
Buy the leveraged CEF's?     21-Aug-09 11:26 am    
Might be time to overload the leveraged funds as opposed to the buy/write funds. This market is showing no signs of backing off significantly and with the buy/write funds mostly at premiums (even ETW is close to a premium!), I think you've seen 90% of the move in these funds. The sell call strategy will limit the upside if the markets continue up.

The other alternative is the Eaton Vance leveraged CEF's ETO, EVT & ETG. Pay monthly and are at double digit discounts, mostly because they cut their dividends at the beginning of the year. Their NAV's have recovered significantly and I wouldn't be surprised if they RAISE their dividends if this keeps up. Just went ex-div but I would keep an eye on them over the next month.
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maaveriks

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Buy the leveraged CEF's?
maaveriks Not rated 21-Aug-09 11:26 am  
 
What does that mean for the yield? Won't the value...
jimkress20 Rate it 21-Aug-09 12:32 pm  
 
Thanks for the advice. They may not have the yi...
gatesofston... Rate it 21-Aug-09 07:13 pm  
 
EXG. ETY, and EOS are not selling at discount...
gatesofston... Rate it 24-Aug-09 12:45 pm  
 
Leverage for these funds are limited to ...
bw12234 Rate it 2-Oct-09 03:11 pm  
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Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW)

Chart for Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (ETW)
At 1:31PM ET: 14.28 Down 0.11 (0.76%)
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