Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) vs Invesco Value Municipal Income (IIM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) has outperformed Invesco Value Municipal Income (IIM) over the past year, gaining 1.8% versus a loss of 14.8%. Over five years, ETB leads with a -5.7% price change compared with -33.0% for IIM. Invesco Value Municipal Income is the larger company by market cap ($511.1 million vs $458.8 million), about 1.1 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 27.1x for Invesco Value Municipal Income). Invesco Value Municipal Income offers the higher dividend yield (8.53% vs 8.16%).
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 | IIM |
|---|---|---|
| Share price | $15.62 | $10.85 |
| Market cap | $458.83M | $511.05M |
| 1-day change | +1.03% | +0.84% |
| YTD return | +1.24% | -12.66% |
| 1-year return | +1.84% | -14.81% |
| 5-year return | -5.73% | -33.04% |
| P/E ratio (TTM) | 5.52 | 27.13 |
| EPS (TTM) | $2.83 | $0.40 |
| Dividend yield | 8.16% | 8.53% |
| Annual dividend | $1.27 | $0.925 |
| 52-week high | $15.82 | $13.17 |
| 52-week low | $13.86 | $10.27 |
| Distance from 52-week high | -1.26% | -17.62% |
| Analyst consensus | — | none |
| Average volume | 48.79K | 148.39K |
| Shares outstanding | 29.37M | 47.10M |
| 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 IIM by 16.7 percentage points over the past year.
- Invesco Value Municipal Income trades at a higher earnings multiple (27.1x vs 5.5x trailing P/E).
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
About Invesco Value Municipal Income
IIM stock →Invesco Value Municipal Income Trust is a closed-ended fixed income mutual fund launched by Invesco Ltd. The fund is co-managed by Invesco Advisers, Inc., INVESCO Asset Management (Japan) Limited, INVESCO Asset Management Deutschland GmbH, INVESCO Asset Management Limited, Invesco Canada Ltd., Invesco Hong Kong Limited, and INVESCO Senior Secured Management, Inc.
Finance · Investment Managers
ETB vs IIM FAQ
Which is bigger, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund or Invesco Value Municipal Income?
Invesco Value Municipal Income (IIM) is larger, with a market capitalization of $511.05M compared with $458.83M 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 IIM?
ETB returned +1.84% over the past 12 months, compared with -14.81% for IIM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ETB or IIM?
ETB has the lower trailing P/E at 5.5, versus 27.1 for IIM. 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 Invesco Value Municipal Income?
Invesco Value Municipal Income has the higher yield at 8.53%, compared with 8.16% 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 Invesco Value Municipal Income 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 Invesco Value Municipal Income.