Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) has outperformed Blackrock MuniYield Michigan Quality Fund (MIY) over the past year, gaining 4.3% versus a loss of 1.3%. Over five years, ETV leads with a -10.3% price change compared with -28.0% for MIY. Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund is the larger company by market cap ($1.75 billion vs $326.6 million), about 5.4 times the size.
On valuation, Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund trades at a lower trailing P/E (5.9x vs 10.7x for Blackrock MuniYield Michigan Quality Fund). Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund pays a dividend yielding 7.95%, 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 | ETV | MIY |
|---|---|---|
| Share price | $14.99 | $11.27 |
| Market cap | $1.75B | $326.61M |
| 1-day change | +0.60% | +0.45% |
| YTD return | +3.76% | -4.00% |
| 1-year return | +4.27% | -1.31% |
| 5-year return | -10.30% | -27.99% |
| P/E ratio (TTM) | 5.95 | 10.73 |
| EPS (TTM) | $2.52 | $1.05 |
| Dividend yield | 7.95% | 5.83% |
| Annual dividend | $1.19 | $0.00 |
| 52-week high | $15.49 | $12.90 |
| 52-week low | $13.13 | $11.01 |
| Distance from 52-week high | -3.23% | -12.64% |
| Analyst consensus | — | none |
| Average volume | 159.90K | 68.04K |
| Shares outstanding | 116.75M | 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
- Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund is about 5.4 times larger than Blackrock MuniYield Michigan Quality Fund by market value ($1.75B vs $326.61M).
- Blackrock MuniYield Michigan Quality Fund trades at a higher earnings multiple (10.7x vs 5.9x trailing P/E).
- Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund offers a meaningfully higher dividend yield (7.95% vs 5.83%).
About Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund
ETV stock →Eaton Vance Tax-Managed Buy-Write Opportunities 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
ETV vs MIY FAQ
Which is bigger, Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund or Blackrock MuniYield Michigan Quality Fund?
Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund (ETV) is larger, with a market capitalization of $1.75B compared with $326.61M for Blackrock MuniYield Michigan Quality Fund (MIY).
Which stock has performed better over the past year, ETV or MIY?
ETV returned +4.27% over the past 12 months, compared with -1.31% for MIY (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, ETV or MIY?
ETV has the lower trailing P/E at 5.9, versus 10.7 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 Eaton Vance Tax-Managed Buy-Write Opportunities Fund or Blackrock MuniYield Michigan Quality Fund?
Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities Fund has the higher yield at 7.95%, compared with 5.83% for Blackrock MuniYield Michigan Quality Fund.
Are Eaton Vance Eaton Vance Tax-Managed Buy-Write Opportunities 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.