Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund (ETB) vs Blackrock MuniYield Michigan Quality Fund (MIY)
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 Blackrock MuniYield Michigan Quality Fund (MIY) over the past year, gaining 2.7% versus a loss of 1.0%. Over five years, ETB leads with a -5.6% price change compared with -28.3% for MIY. 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 $325.2 million), about 1.4 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 33.0x for Blackrock MuniYield Michigan Quality Fund). Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund pays a dividend yielding 8.23%, while Blackrock MuniYield Michigan Quality 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 | MIY |
|---|---|---|
| Share price | $15.48 | $11.22 |
| Market cap | $454.72M | $325.16M |
| 1-day change | 0.00% | +0.18% |
| YTD return | +1.38% | -4.43% |
| 1-year return | +2.72% | -0.97% |
| 5-year return | -5.61% | -28.31% |
| P/E ratio (TTM) | 5.47 | 33.00 |
| EPS (TTM) | $2.83 | $0.34 |
| Dividend yield | 8.23% | 5.83% |
| Annual dividend | $1.27 | $0.00 |
| 52-week high | $15.82 | $12.90 |
| 52-week low | $13.86 | $11.01 |
| Distance from 52-week high | -2.15% | -13.02% |
| Analyst consensus | — | none |
| Average volume | 48.63K | 68.04K |
| Shares outstanding | 29.37M | 28.98M |
| Sector | Finance | Finance |
| Industry | Investment Bankers/Brokers/Service | Investment Bankers/Brokers/Service |
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
- Blackrock MuniYield Michigan Quality Fund trades at a higher earnings multiple (33.0x vs 5.5x trailing P/E).
- 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 5.83%).
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 Blackrock MuniYield Michigan Quality Fund
MIY stock →BlackRock MuniYield Michigan Quality Fund, Inc. is a closed-ended fixed income mutual fund launched by BlackRock, Inc.
Finance · Investment Bankers/Brokers/Service
ETB vs MIY FAQ
Which is bigger, Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund or Blackrock MuniYield Michigan Quality 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 $325.16M for Blackrock MuniYield Michigan Quality Fund (MIY).
Which stock has performed better over the past year, ETB or MIY?
ETB returned +2.72% over the past 12 months, compared with -0.97% for MIY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ETB or MIY?
ETB has the lower trailing P/E at 5.5, versus 33.0 for MIY. 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 Blackrock MuniYield Michigan Quality 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 5.83% for Blackrock MuniYield Michigan Quality Fund.
Are Eaton Vance Tax-Managed Buy-Write Income Fund Eaton Vance Tax-Managed Buy-Write Income Fund and Blackrock MuniYield Michigan Quality Fund in the same industry?
Yes. Both are classified in the Investment Bankers/Brokers/Service industry within the Finance sector.