Eaton Vance Tax-Managed Buy-Write Income Fund

 

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-21676

Investment Company Act File Number

Eaton Vance Tax-Managed Buy-Write Income Fund

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number, Including Area Code)

December 31

Date of Fiscal Year End

September 30, 2012

Date of Reporting Period

 

 

 

Item 1. Schedule of Investments

Eaton Vance

Tax-Managed Buy-Write Income Fund

September 30, 2012

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 100.2%

 

                                                 
Security    Shares      Value  

Aerospace & Defense — 2.7%

      

Boeing Co. (The)

      26,422       $ 1,839,500   

Honeywell International, Inc.

      53,617         3,203,616   

Northrop Grumman Corp.

      21,600         1,434,888   

Textron, Inc.

      19,301         505,107   

United Technologies Corp.

      42,843         3,354,178   
     

 

 

  
      $ 10,337,289   
     

 

 

  

Air Freight & Logistics — 0.9%

      

C.H. Robinson Worldwide, Inc.

      12,698       $ 743,468   

Expeditors International of Washington, Inc.

      13,909         505,731   

United Parcel Service, Inc., Class B

      28,717         2,055,276   
     

 

 

  
      $ 3,304,475   
     

 

 

  

Airlines — 0.1%

      

Southwest Airlines Co.

      36,616       $ 321,122   
     

 

 

  
      $ 321,122   
     

 

 

  

Auto Components — 0.6%

      

Dana Holding Corp.

      31,658       $ 389,393   

Goodyear Tire & Rubber Co. (The)(1)

      10,898         132,847   

Johnson Controls, Inc.

      48,345         1,324,653   

Lear Corp.

      7,250         273,978   
     

 

 

  
      $ 2,120,871   
     

 

 

  

Automobiles — 0.1%

      

Ford Motor Co.

      30,101       $ 296,796   
     

 

 

  
      $ 296,796   
     

 

 

  

Beverages — 2.8%

      

Beam, Inc.

      5,131       $ 295,237   

Coca-Cola Co. (The)

      173,346         6,575,014   

PepsiCo, Inc.

      54,927         3,887,184   
     

 

 

  
      $ 10,757,435   
     

 

 

  

Biotechnology — 1.6%

      

Amgen, Inc.

      23,888       $ 2,014,236   

Celgene Corp.(1)

      32,350         2,471,540   

Gilead Sciences, Inc.(1)

      25,532         1,693,538   

Vertex Pharmaceuticals, Inc.(1)

      1,850         103,507   
     

 

 

  
      $ 6,282,821   
     

 

 

  

Capital Markets — 1.5%

      

Greenhill & Co., Inc.

      14,014       $ 725,225   

Invesco, Ltd.

      38,480         961,615   

Lazard, Ltd., Class A

      21,525         629,176   

 

1

 

 

                                                 
Security    Shares      Value  

Legg Mason, Inc.

      10,446       $ 257,807   

State Street Corp.

      27,413         1,150,249   

T. Rowe Price Group, Inc.

      24,428         1,546,292   

Walter Investment Management Corp.(1)

      7,355         272,209   
     

 

 

  
      $ 5,542,573   
     

 

 

  

Chemicals — 2.0%

      

Air Products and Chemicals, Inc.

      11,261       $ 931,285   

CF Industries Holdings, Inc.

      2,700         600,048   

Dow Chemical Co. (The)

      64,146         1,857,668   

E.I. du Pont de Nemours & Co.

      51,275         2,577,594   

Eastman Chemical Co.

      3,608         205,692   

Sherwin-Williams Co. (The)

      9,183         1,367,441   
     

 

 

  
      $ 7,539,728   
     

 

 

  

Commercial Banks — 3.9%

      

Bank of Montreal

      4,957       $ 292,661   

BankUnited, Inc.

      24,813         610,648   

BB&T Corp.

      51,539         1,709,033   

Fifth Third Bancorp

      91,535         1,419,708   

KeyCorp

      85,122         743,966   

M&T Bank Corp.

      12,600         1,199,016   

PNC Financial Services Group, Inc.

      31,765         2,004,372   

SunTrust Banks, Inc.

      5,538         156,559   

U.S. Bancorp

      31,198         1,070,091   

Wells Fargo & Co.

      164,065         5,665,165   
     

 

 

  
      $ 14,871,219   
     

 

 

  

Commercial Services & Supplies — 0.6%

      

Avery Dennison Corp.

      15,307       $ 487,069   

Waste Management, Inc.

      56,032         1,797,506   
     

 

 

  
      $ 2,284,575   
     

 

 

  

Communications Equipment — 2.5%

      

Brocade Communications Systems, Inc.(1)

      42,403       $ 250,814   

Cisco Systems, Inc.

      222,878         4,254,741   

QUALCOMM, Inc.

      78,368         4,897,216   
     

 

 

  
      $ 9,402,771   
     

 

 

  

Computers & Peripherals — 5.0%

      

Apple, Inc.

      28,043       $ 18,711,972   

Hewlett-Packard Co.

      4,445         75,832   

QLogic Corp.(1)

      20,459         233,642   
     

 

 

  
      $ 19,021,446   
     

 

 

  

Construction & Engineering — 0.5%

      

Fluor Corp.

      36,765       $ 2,069,134   
     

 

 

  
      $ 2,069,134   
     

 

 

  

 

2

 

 

                                                 
Security    Shares      Value  

Consumer Finance — 1.2%

      

American Express Co.

      49,193       $ 2,797,114   

Discover Financial Services

      40,754         1,619,156   
     

 

 

  
      $ 4,416,270   
     

 

 

  

Distributors — 0.5%

      

Genuine Parts Co.

      33,297       $ 2,032,116   
     

 

 

  
      $ 2,032,116   
     

 

 

  

Diversified Financial Services — 2.7%

      

Bank of America Corp.

      86,352       $ 762,488   

Citigroup, Inc.

      123,345         4,035,848   

CME Group, Inc.

      14,875         852,338   

JPMorgan Chase & Co.

      113,958         4,613,020   
     

 

 

  
      $ 10,263,694   
     

 

 

  

Diversified Telecommunication Services — 2.8%

      

AT&T, Inc.

      190,600       $ 7,185,620   

CenturyLink, Inc.

      22,936         926,614   

Verizon Communications, Inc.

      52,772         2,404,820   
     

 

 

  
      $ 10,517,054   
     

 

 

  

Electric Utilities — 1.0%

      

Duke Energy Corp.

      28,786       $ 1,865,333   

Edison International

      24,992         1,141,885   

Pinnacle West Capital Corp.

      7,168         378,470   

Xcel Energy, Inc.

      12,009         332,769   
     

 

 

  
      $ 3,718,457   
     

 

 

  

Electrical Equipment — 0.7%

      

Emerson Electric Co.

      53,488       $ 2,581,866   
     

 

 

  
      $ 2,581,866   
     

 

 

  

Electronic Equipment, Instruments & Components — 0.2%

      

Corning, Inc.

      39,217       $ 515,703   

Molex, Inc.

      13,181         346,397   
     

 

 

  
      $ 862,100   
     

 

 

  

Energy Equipment & Services — 1.9%

      

Halliburton Co.

      62,164       $ 2,094,305   

Rowan Cos., PLC(1)

      30,646         1,034,916   

Schlumberger, Ltd.

      56,392         4,078,833   
     

 

 

  
      $ 7,208,054   
     

 

 

  

Food & Staples Retailing — 2.2%

      

CVS Caremark Corp.

      60,482       $ 2,928,538   

Wal-Mart Stores, Inc.

      76,097         5,615,959   
     

 

 

  
      $ 8,544,497   
     

 

 

  

 

3

 

 

                                                 
Security    Shares      Value  

Food Products — 1.5%

      

ConAgra Foods, Inc.

      33,089       $ 912,926   

Green Mountain Coffee Roasters, Inc.(1)

      15,366         364,942   

Kellogg Co.

      31,044         1,603,733   

Kraft Foods, Inc., Class A

      54,344         2,247,124   

Tyson Foods, Inc., Class A

      28,696         459,710   
     

 

 

  
      $ 5,588,435   
     

 

 

  

Health Care Equipment & Supplies — 2.0%

      

Baxter International, Inc.

      42,233       $ 2,544,961   

Covidien PLC

      11,380         676,200   

Medtronic, Inc.

      41,406         1,785,427   

Orthofix International NV(1)

      1,884         84,309   

Stryker Corp.

      38,437         2,139,403   

Zimmer Holdings, Inc.

      5,294         357,980   
     

 

 

  
      $ 7,588,280   
     

 

 

  

Health Care Providers & Services — 1.4%

      

DaVita, Inc.(1)

      895       $ 92,731   

Express Scripts Holding Co.(1)

      21,590         1,353,045   

HCA Holdings, Inc.

      12,216         406,182   

Quest Diagnostics, Inc.

      7,414         470,270   

UnitedHealth Group, Inc.

      49,739         2,756,038   

VCA Antech, Inc.(1)

      13,321         262,824   
     

 

 

  
      $ 5,341,090   
     

 

 

  

Hotels, Restaurants & Leisure — 1.4%

      

Marriott International, Inc., Class A

      20,645       $ 807,220   

Marriott Vacations Worldwide Corp.(1)

      2,064         74,345   

McDonald’s Corp.

      42,138         3,866,161   

Wyndham Worldwide Corp.

      11,235         589,613   
     

 

 

  
      $ 5,337,339   
     

 

 

  

Household Durables — 0.6%

      

Leggett & Platt, Inc.

      11,383       $ 285,144   

Lennar Corp., Class A

      18,642         648,182   

Newell Rubbermaid, Inc.

      76,798         1,466,074   
     

 

 

  
      $ 2,399,400   
     

 

 

  

Household Products — 1.8%

      

Clorox Co. (The)

      6,843       $ 493,038   

Kimberly-Clark Corp.

      19,850         1,702,733   

Procter & Gamble Co.

      65,845         4,567,009   
     

 

 

  
      $ 6,762,780   
     

 

 

  

Industrial Conglomerates — 1.9%

      

3M Co.

      23,056       $ 2,130,835   

General Electric Co.

      228,025         5,178,448   
     

 

 

  
      $ 7,309,283   
     

 

 

  

 

4

 

 

                                                 
Security    Shares      Value  

Insurance — 4.1%

      

ACE, Ltd.

      14,012       $ 1,059,307   

Allstate Corp. (The)

      62,009         2,456,177   

AmTrust Financial Services, Inc.

      2,769         70,942   

Berkshire Hathaway, Inc., Class B(1)

      29,689         2,618,570   

Cincinnati Financial Corp.

      23,600         894,204   

Hanover Insurance Group, Inc. (The)

      1,721         64,124   

Hartford Financial Services Group, Inc.

      12,332         239,734   

Lincoln National Corp.

      59,156         1,430,984   

Marsh & McLennan Cos., Inc.

      50,188         1,702,879   

MetLife, Inc.

      14,938         514,763   

Principal Financial Group, Inc.

      29,001         781,287   

Prudential Financial, Inc.

      22,391         1,220,533   

Travelers Companies, Inc. (The)

      39,069         2,666,850   
     

 

 

  
      $ 15,720,354   
     

 

 

  

Internet & Catalog Retail — 0.9%

      

Amazon.com, Inc.(1)

      5,804       $ 1,476,073   

priceline.com, Inc.(1)

      1,797         1,111,858   

Shutterfly, Inc.(1)

      28,875         898,590   
     

 

 

  
      $ 3,486,521   
     

 

 

  

Internet Software & Services — 2.6%

      

Google, Inc., Class A(1)

      10,119       $ 7,634,786   

VeriSign, Inc.(1)

      43,013         2,094,303   
     

 

 

  
      $ 9,729,089   
     

 

 

  

IT Services — 3.3%

      

Accenture PLC, Class A

      20,711       $ 1,450,392   

Fidelity National Information Services, Inc.

      26,132         815,841   

International Business Machines Corp.

      33,173         6,881,739   

MasterCard, Inc., Class A

      6,661         3,007,308   

Visa, Inc., Class A

      3,968         532,823   
     

 

 

  
      $ 12,688,103   
     

 

 

  

Leisure Equipment & Products — 0.6%

      

Mattel, Inc.

      59,998       $ 2,128,729   
     

 

 

  
      $ 2,128,729   
     

 

 

  

Life Sciences Tools & Services — 1.1%

      

Agilent Technologies, Inc.

      56,277       $ 2,163,851   

Thermo Fisher Scientific, Inc.

      34,847         2,050,049   
     

 

 

  
      $ 4,213,900   
     

 

 

  

Machinery — 1.2%

      

Caterpillar, Inc.

      31,778       $ 2,734,179   

Eaton Corp.

      9,192         434,414   

Snap-On, Inc.

      6,380         458,531   

Stanley Black & Decker, Inc.

      10,773         821,441   

Timken Co. (The)

      8,609         319,910   
     

 

 

  
      $ 4,768,475   
     

 

 

  

 

5

 

 

                                                 
Security    Shares      Value  

Marine — 0.0%(2)

      

Kirby Corp.(1)

      1,985       $ 109,731   
     

 

 

  
      $ 109,731   
     

 

 

  

Media — 4.7%

      

CBS Corp., Class B

      64,211       $ 2,332,786   

Comcast Corp., Class A

      121,712         4,353,638   

McGraw-Hill Cos., Inc. (The)

      44,254         2,415,826   

Omnicom Group, Inc.

      39,439         2,033,475   

Scripps Networks Interactive, Class A

      1,544         94,539   

Time Warner, Inc.

      44,322         2,009,116   

Walt Disney Co. (The)

      89,041         4,655,063   
     

 

 

  
      $ 17,894,443   
     

 

 

  

Metals & Mining — 0.8%

      

Allegheny Technologies, Inc.

      7,067       $ 225,437   

Freeport-McMoRan Copper & Gold, Inc.

      25,886         1,024,568   

Nucor Corp.

      47,291         1,809,354   
     

 

 

  
      $ 3,059,359   
     

 

 

  

Multi-Utilities — 2.4%

      

Centerpoint Energy, Inc.

      17,504       $ 372,835   

CMS Energy Corp.

      83,891         1,975,633   

Dominion Resources, Inc.

      17,163         908,609   

DTE Energy Co.

      10,342         619,900   

Integrys Energy Group, Inc.

      9,651         503,782   

NiSource, Inc.

      49,999         1,273,975   

Public Service Enterprise Group, Inc.

      60,956         1,961,564   

TECO Energy, Inc.

      92,229         1,636,142   
     

 

 

  
      $ 9,252,440   
     

 

 

  

Multiline Retail — 0.7%

      

Macy’s, Inc.

      58,475       $ 2,199,829   

Nordstrom, Inc.

      12,248         675,845   
     

 

 

  
      $ 2,875,674   
     

 

 

  

Office Electronics — 0.1%

      

Xerox Corp.

      50,944       $ 373,929   
     

 

 

  
      $ 373,929   
     

 

 

  

Oil, Gas & Consumable Fuels — 10.3%

      

Chevron Corp.

      65,682       $ 7,655,894   

ConocoPhillips

      63,441         3,627,556   

EOG Resources, Inc.

      20,592         2,307,334   

Exxon Mobil Corp.

      155,982         14,264,554   

Kinder Morgan, Inc.

      21,161         751,639   

Occidental Petroleum Corp.

      38,373         3,302,380   
     

 

6

 

 

                                                 
Security    Shares      Value  

Peabody Energy Corp.

      17,730       $ 395,202   

Phillips 66

      31,720         1,470,857   

Range Resources Corp.

      22,269         1,555,935   

Tesoro Corp.

      20,477         857,986   

Williams Cos., Inc.

      72,366         2,530,639   

WPX Energy, Inc.(1)

      21,119         350,364   
     

 

 

  
      $ 39,070,340   
     

 

 

  

Paper & Forest Products — 0.2%

      

MeadWestvaco Corp.

      21,446       $ 656,248   
     

 

 

  
      $ 656,248   
     

 

 

  

Personal Products — 0.1%

      

Estee Lauder Cos., Inc. (The), Class A

      3,326       $ 204,782   
     

 

 

  
      $ 204,782   
     

 

 

  

Pharmaceuticals — 6.0%

      

Abbott Laboratories

      73,588       $ 5,045,193   

Bristol-Myers Squibb Co.

      83,905         2,831,794   

Johnson & Johnson

      63,586         4,381,711   

Merck & Co., Inc.

      132,698         5,984,680   

Pfizer, Inc.

      171,390         4,259,042   

Warner Chilcott PLC

      25,088         338,688   
     

 

 

  
      $ 22,841,108   
     

 

 

  

Professional Services — 0.2%

      

Manpower, Inc.

      4,353       $ 160,190   

Robert Half International, Inc.

      19,811         527,567   
     

 

 

  
      $ 687,757   
     

 

 

  

Real Estate Investment Trusts (REITs) — 1.7%

      

Apartment Investment & Management Co., Class A

      12,428       $ 323,004   

AvalonBay Communities, Inc.

      11,002         1,496,162   

Equity Residential

      14,774         849,948   

Health Care REIT, Inc.

      6,813         393,451   

Host Hotels & Resorts, Inc.

      58,590         940,369   

Kimco Realty Corp.

      78,276         1,586,655   

Plum Creek Timber Co., Inc.

      5,304         232,527   

ProLogis, Inc.

      22,296         781,029   
     

 

 

  
      $ 6,603,145   
     

 

 

  

Real Estate Management & Development — 0.1%

      

CB Richard Ellis Group, Inc., Class A(1)

      19,604       $ 360,910   
     

 

 

  
      $ 360,910   
     

 

 

  

Road & Rail — 0.8%

      

J.B. Hunt Transport Services, Inc.

      3,521       $ 183,233   

Kansas City Southern

      13,949         1,057,055   

Norfolk Southern Corp.

      28,268         1,798,693   
     

 

 

  
      $ 3,038,981   
     

 

 

  

 

7

 

 

                                                 
Security    Shares      Value  

Semiconductors & Semiconductor Equipment — 1.7%

      

Analog Devices, Inc.

      16,160       $ 633,310   

Applied Materials, Inc.

      15,313         170,970   

Cirrus Logic, Inc.(1)

      6,502         249,612   

Cree, Inc.(1)

      21,482         548,435   

First Solar, Inc.(1)

      24,717         547,358   

Intel Corp.

      154,529         3,504,718   

Microchip Technology, Inc.

      15,385         503,705   

Teradyne, Inc.(1)

      32,470         461,723   
     

 

 

  
      $ 6,619,831   
     

 

 

  

Software — 3.5%

      

Concur Technologies, Inc.(1)

      21,424       $ 1,579,592   

Microsoft Corp.

      280,207         8,344,564   

Oracle Corp.

      106,479         3,353,024   

Symantec Corp.(1)

      8,033         144,594   
     

 

 

  
      $ 13,421,774   
     

 

 

  

Specialty Retail — 1.4%

      

Abercrombie & Fitch Co., Class A

      4,343       $ 147,314   

Advance Auto Parts, Inc.

      3,365         230,301   

Home Depot, Inc. (The)

      65,676         3,964,860   

Tiffany & Co.

      14,641         905,985   
     

 

 

  
      $ 5,248,460   
     

 

 

  

Textiles, Apparel & Luxury Goods — 0.5%

      

Coach, Inc.

      18,319       $ 1,026,231   

NIKE, Inc., Class B

      7,588         720,177   
     

 

 

  
      $ 1,746,408   
     

 

 

  

Thrifts & Mortgage Finance — 0.1%

      

Hudson City Bancorp, Inc.

      40,046       $ 318,766   
     

 

 

  
      $ 318,766   
     

 

 

  

Tobacco — 2.4%

      

Altria Group, Inc.

      46,067       $ 1,538,177   

Philip Morris International, Inc.

      71,014         6,386,999   

Reynolds American, Inc.

      27,499         1,191,807   
     

 

 

  
      $ 9,116,983   
     

 

 

  

Trading Companies & Distributors — 0.1%

      

Fastenal Co.

      10,080       $ 433,339   
     

 

 

  
      $ 433,339   
     

 

 

  

Total Common Stocks — 100.2%
(identified cost $246,802,893)

       $ 381,292,549   
     

 

 

  

 

8

 

 

                                                                                                   

Call Options Written — (0.5)%

  

   
Description    Number of
Contracts		      Strike
Price		      Expiration
Date		      Value  

S&P 500 Index

      955       $ 1,460         10/20/12       $ (778,325 ) 

S&P 500 Index

      1,290         1,465         10/20/12         (832,050 ) 

S&P 500 Index

      285         1,470         10/20/12         (142,500 ) 
           

 

 

  

Total Call Options Written
(premiums received $4,928,185)

   

    $ (1,752,875 ) 
           

 

 

  

Other Assets, Less Liabilities — 0.3%

  

    $ 1,170,868   
           

 

 

  

Net Assets — 100.0%

  

    $ 380,710,542   
           

 

 

  

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

 

(1) Non-income producing security.

 

(2) Amount is less than 0.05%.

The cost and unrealized appreciation (depreciation) of investments of the Fund at September 30, 2012, as determined on a federal income tax basis, were as follows:

 

Aggregate cost

    $ 246,774,219   
  

 

 

  

Gross unrealized appreciation

    $ 134,956,795   

Gross unrealized depreciation

      (438,465 ) 
  

 

 

  

Net unrealized appreciation

    $     134,518,330   
  

 

 

  

Written options activity for the fiscal year to date ended September 30, 2012 was as follows:

 

     Number of
Contracts		     Premiums
Received		  
Outstanding, beginning of period      2,730      $ 7,207,933   
Options written      23,315        47,082,477   
Options terminated in closing purchase transactions      (22,275 )      (47,212,703 ) 
Options expired      (1,240 )      (2,149,522 ) 
  

 

 

    

 

 

  
Outstanding, end of period      2,530      $     4,928,185   
  

 

 

    

 

 

  

All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At September 30, 2012, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objectives. The Fund writes index call options above the current value of the index to generate premium income. In writing index call options, the Fund in effect, sells potential appreciation in the value of the applicable index above the exercise price in exchange for the option premium received. The Fund retains the risk of loss, minus the premium received, should the price of the underlying index decline.

At September 30, 2012, the aggregate fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) in a liability position and whose primary underlying risk exposure is equity price risk was $1,752,875.

 

9

 

 

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

 

•  

Level 1 — quoted prices in active markets for identical investments

 

•  

Level 2 — other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

 

•  

Level 3 — significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At September 30, 2012, the hierarchy of inputs used in valuing the Fund’s investments and open derivative instruments, which are carried at value, were as follows:

 

Asset Description    Level 1     Level 2      Level 3      Total  

Common Stocks

    $ 381,292,549 *    $ —       $ —       $ 381,292,549   

Total Investments

    $     381,292,549      $     —       $     —       $     381,292,549   
Liability Description                               

Call Options Written

    $ (1,752,875 )    $ —       $ —       $ (1,752,875 ) 

Total

    $ (1,752,875 )    $ —       $ —       $ (1,752,875 ) 

 

* The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

The Fund held no investments or other financial instruments as of December 31, 2011 whose fair value was determined using Level 3 inputs. At September 30, 2012, there were no investments transferred between Level 1 and Level 2 during the fiscal year to date then ended.

For information on the Fund’s policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.

 

10

 

 

Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant on this

Form N-Q has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant on this Form N-Q has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Tax-Managed Buy-Write Income Fund

 

By:   /s/ Walter A. Row, III
  Walter A. Row, III
  President
Date:   November 26, 2012

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:   /s/ Walter A. Row, III
  Walter A. Row, III
  President
Date:   November 26, 2012

 

By:   /s/ Barbara E. Campbell
  Barbara E. Campbell
  Treasurer
Date:   November 26, 2012