Stock market today: S&P 500 hits fresh record close on stronger economic growth
Eaton (NYSE:ETN) Vance Tax-Managed Buy-Write Opportunities Fund (ETV) stock has reached a new 52-week high, trading at $14.64, signaling a robust performance over the past year. With a market capitalization of $1.69 billion and an attractive P/E ratio of 6.63, the fund has demonstrated strong fundamentals. InvestingPro data reveals the fund maintains an impressive 8.24% dividend yield, having sustained dividend payments for 21 consecutive years. This milestone reflects a significant uptrend for the fund, which has seen an exceptional 1-year total return of 27%. Investors have shown increased confidence in ETV, as the fund’s strategy to provide tax-managed income has resonated well amidst varying market conditions. The achievement of this 52-week high marks a noteworthy moment for ETV, as it encapsulates a period of sustained growth and investor optimism. InvestingPro subscribers can access additional insights, including 7 key investment tips and comprehensive financial metrics for ETV.
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