Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) vs First High Yield Opportunities 2027 Term Fund (FTHY)
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 (ETB) has outperformed First High Yield Opportunities 2027 Term Fund (FTHY) over the past year, gaining 2.7% versus a loss of 11.2%. Over five years, ETB leads with a -5.6% price change compared with -39.0% for FTHY. First High Yield Opportunities 2027 Term Fund is the larger company by market cap ($465.5 million vs $453.8 million), about 1.0 times the size.
On valuation, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund trades at a lower trailing P/E (5.5x vs 18.3x for First High Yield Opportunities 2027 Term Fund). Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund pays a dividend yielding 8.25%, while First High Yield Opportunities 2027 Term Fund does not currently pay one.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | ETB | FTHY |
|---|---|---|
| Share price | $15.45 | $12.66 |
| Market cap | $453.84M | $465.55M |
| 1-day change | -0.19% | -0.31% |
| YTD return | +1.38% | -9.74% |
| 1-year return | +2.72% | -11.19% |
| 5-year return | -5.61% | -39.00% |
| P/E ratio (TTM) | 5.46 | 18.35 |
| EPS (TTM) | $2.83 | $0.69 |
| Dividend yield | 8.25% | 11.81% |
| Annual dividend | $1.27 | $0.00 |
| 52-week high | $15.82 | $14.42 |
| 52-week low | $13.86 | $12.54 |
| Distance from 52-week high | -2.34% | -12.21% |
| Average volume | 48.63K | 106.28K |
| Shares outstanding | 29.37M | 36.77M |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Managers |
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
- ETB has outperformed FTHY by 13.9 percentage points over the past year.
- First High Yield Opportunities 2027 Term Fund trades at a higher earnings multiple (18.3x vs 5.5x trailing P/E).
- First High Yield Opportunities 2027 Term Fund offers a meaningfully higher dividend yield (11.81% vs 8.25%).
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.
Finance · Investment Bankers/Brokers/Service
ETB vs FTHY FAQ
Which is bigger, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund or First High Yield Opportunities 2027 Term Fund?
First High Yield Opportunities 2027 Term Fund (FTHY) is larger, with a market capitalization of $465.55M compared with $453.84M for Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB).
Which stock has performed better over the past year, ETB or FTHY?
ETB returned +2.72% over the past 12 months, compared with -11.19% for FTHY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ETB or FTHY?
ETB has the lower trailing P/E at 5.5, versus 18.3 for FTHY. 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 High Yield Opportunities 2027 Term Fund?
First High Yield Opportunities 2027 Term Fund has the higher yield at 11.81%, compared with 8.25% for Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund.
Are Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund and First High Yield Opportunities 2027 Term Fund in the same industry?
Both are in the Finance sector, but in different industries: Investment Bankers/Brokers/Service for Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund and Investment Managers for First High Yield Opportunities 2027 Term Fund.