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Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) vs First Enhanced Equity Income Fund (FFA)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund is the larger company by market cap ($454.7 million vs $447.9 million), about 1.0 times the size. On valuation, First Enhanced Equity Income Fund trades at a lower trailing P/E (4.7x vs 5.5x for Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund). Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund offers the higher dividend yield (8.23% vs 6.92%).

Summary generated from market data by MetaCap's automated system. Methodology

Head-to-head

ETB versus FFA key metrics
MetricETBFFA
Share price$15.48$22.41
Market cap$454.72M$447.93M
1-day change0.00%+0.72%
YTD return+1.38%—
1-year return+2.72%—
5-year return-5.61%—
P/E ratio (TTM)5.474.75
EPS (TTM)$2.83$4.72
Dividend yield8.23%6.92%
Annual dividend$1.27$1.55
52-week high$15.82$23.82
52-week low$13.86$19.50
Distance from 52-week high-2.15%-5.92%
Average volume48.84K25.73K
Shares outstanding29.37M19.99M
SectorFinancial ServicesFinancial Services
IndustryAsset ManagementAsset Management

Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.

Key differences

  • Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund offers a meaningfully higher dividend yield (8.23% vs 6.92%).

About Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund

ETB stock →

Eaton Vance Tax-Managed Buy-Write Income Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC.

Financial Services · Asset Management

About First Enhanced Equity Income Fund

FFA stock →

First Trust Enhanced Equity Income Fund is a closed-ended equity mutual fund launched and managed by First Trust Advisors L.P. The fund is co-managed by Chartwell Investment Partners, L.P.

Financial Services · Asset Management

ETB vs FFA FAQ

Which is bigger, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund or First Enhanced Equity Income Fund?

Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) is larger, with a market capitalization of $454.72M compared with $447.93M for First Enhanced Equity Income Fund (FFA).

Which has the lower P/E ratio, ETB or FFA?

FFA has the lower trailing P/E at 4.7, versus 5.5 for ETB. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.

Which pays a higher dividend, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund or First Enhanced Equity Income Fund?

Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund has the higher yield at 8.23%, compared with 6.92% for First Enhanced Equity Income Fund.

Are Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund and First Enhanced Equity Income Fund in the same industry?

Yes. Both are classified in the Asset Management industry within the Financial Services sector.

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