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
March 31, 2011
Date of Reporting Period
 
 

 

 

Item 1. Schedule of Investments

 

 

Eaton Vance
Tax-Managed Buy-Write Income Fund
March 31, 2011
 
PORTFOLIO OF INVESTMENTS (Unaudited)
 
Common Stocks — 101.8%
 
                 
Security   Shares     Value  
Aerospace & Defense — 3.2%
Boeing Co. (The)
    26,422     $ 1,953,379  
Honeywell International, Inc. 
    56,426       3,369,197  
Huntington Ingalls Industries, Inc.(1)
    3,600       149,399  
Northrop Grumman Corp. 
    21,600       1,354,536  
Rockwell Collins, Inc. 
    16,000       1,037,280  
Textron, Inc. 
    11,648       319,039  
United Technologies Corp. 
    44,353       3,754,481  
                 
            $ 11,937,311  
                 
Air Freight & Logistics — 1.3%
               
CH Robinson Worldwide, Inc. 
    15,365     $ 1,139,007  
Expeditors International of Washington, Inc. 
    21,522       1,079,113  
United Parcel Service, Inc., Class B
    36,814       2,736,017  
                 
            $ 4,954,137  
                 
Auto Components — 0.6%
               
Dana Holding Corp.(1)
    31,658     $ 550,533  
Goodyear Tire & Rubber Co. (The)(1)
    13,476       201,870  
Johnson Controls, Inc. 
    37,662       1,565,609  
                 
            $ 2,318,012  
                 
Automobiles — 0.3%
               
Ford Motor Co.(1)
    83,365     $ 1,242,972  
                 
            $ 1,242,972  
                 
Beverages — 2.5%
               
Coca-Cola Co. (The)
    86,673     $ 5,750,754  
PepsiCo, Inc. 
    55,700       3,587,637  
                 
            $ 9,338,391  
                 
Biotechnology — 1.3%
               
Amgen, Inc.(1)
    29,900     $ 1,598,155  
Celgene Corp.(1)
    39,773       2,288,141  
Gilead Sciences, Inc.(1)
    21,919       930,242  
                 
            $ 4,816,538  
                 
Capital Markets — 1.9%
               
Bank of New York Mellon Corp. (The)
    13,449     $ 401,722  
Federated Investors, Inc., Class B
    7,867       210,442  
Goldman Sachs Group, Inc. (The)
    13,885       2,200,356  
Invesco, Ltd. 
    38,480       983,549  
Legg Mason, Inc. 
    18,049       651,388  
State Street Corp. 
    27,413       1,231,940  
T. Rowe Price Group, Inc. 
    24,428       1,622,508  
                 
            $ 7,301,905  
                 
Chemicals — 1.9%
               
Dow Chemical Co. (The)
    40,267     $ 1,520,079  
E.I. Du Pont de Nemours & Co. 
    62,878       3,456,404  
Eastman Chemical Co. 
    1,804       179,173  
Monsanto Co. 
    9,621       695,213  
Sherwin-Williams Co. (The)
    13,337       1,120,175  
                 
            $ 6,971,044  
                 
 
1

 

                 
Security   Shares     Value  
Commercial Banks — 3.0%
               
Banco Bilbao Vizcaya Argentaria SA ADR
    28,712     $ 344,544  
Fifth Third Bancorp
    91,535       1,270,506  
First Horizon National Corp. 
    16,952       190,032  
KeyCorp
    25,580       227,150  
M&T Bank Corp. 
    12,600       1,114,722  
Marshall & Ilsley Corp. 
    39,440       315,126  
PNC Financial Services Group, Inc. 
    14,634       921,796  
Wells Fargo & Co. 
    219,413       6,955,392  
                 
            $ 11,339,268  
                 
Commercial Services & Supplies — 1.0%
               
Avery Dennison Corp. 
    20,234     $ 849,019  
Pitney Bowes, Inc. 
    36,763       944,441  
RR Donnelley & Sons Co. 
    28,274       534,944  
Waste Management, Inc. 
    39,000       1,456,260  
                 
            $ 3,784,664  
                 
Communications Equipment — 2.9%
               
Aviat Networks, Inc.(1)
    6,710     $ 34,691  
Cisco Systems, Inc. 
    226,200       3,879,330  
Harris Corp. 
    23,222       1,151,811  
QUALCOMM, Inc. 
    82,146       4,504,065  
Research In Motion, Ltd.(1)
    2,676       151,381  
Riverbed Technology, Inc.(1)
    16,473       620,209  
Telefonaktiebolaget LM Ericsson, Class B ADR
    43,494       559,333  
                 
            $ 10,900,820  
                 
Computers & Peripherals — 3.8%
               
Apple, Inc.(1)
    30,468     $ 10,616,575  
Hewlett-Packard Co. 
    75,957       3,111,958  
QLogic Corp.(1)
    20,459       379,514  
                 
            $ 14,108,047  
                 
Construction & Engineering — 0.0%(2)
               
Shaw Group, Inc. (The)(1)
    4,322     $ 153,042  
                 
            $ 153,042  
                 
Consumer Finance — 0.8%
American Express Co. 
    49,193     $ 2,223,524  
Discover Financial Services
    40,754       982,986  
                 
            $ 3,206,510  
                 
Distributors — 0.5%
               
Genuine Parts Co. 
    34,078     $ 1,827,944  
                 
            $ 1,827,944  
                 
Diversified Consumer Services — 0.3%
               
H&R Block, Inc. 
    75,300     $ 1,260,522  
                 
            $ 1,260,522  
                 
Diversified Financial Services — 4.3%
               
Bank of America Corp. 
    294,131     $ 3,920,766  
Citigroup, Inc.(1)
    633,400       2,799,628  
CME Group, Inc. 
    3,193       962,849  
JPMorgan Chase & Co. 
    158,700       7,316,070  
Moody’s Corp. 
    29,272       992,614  
                 
            $ 15,991,927  
                 
Diversified Telecommunication Services — 3.4%
               
AT&T, Inc. 
    190,600     $ 5,832,360  
Frontier Communications Corp. 
    104,862       861,965  
 
2

 

                 
Security   Shares     Value  
Verizon Communications, Inc. 
    139,894     $ 5,391,515  
Windstream Corp. 
    46,200       594,594  
                 
            $ 12,680,434  
                 
Electric Utilities — 1.0%
               
Duke Energy Corp. 
    88,867     $ 1,612,936  
Edison International
    20,090       735,093  
FirstEnergy Corp. 
    34,793       1,290,472  
Pinnacle West Capital Corp. 
    7,168       306,719  
                 
            $ 3,945,220  
                 
Electrical Equipment — 0.8%
               
Emerson Electric Co. 
    53,488     $ 3,125,304  
                 
            $ 3,125,304  
                 
Electronic Equipment, Instruments & Components — 0.1%
               
Molex, Inc. 
    13,181     $ 331,107  
                 
            $ 331,107  
                 
Energy Equipment & Services — 2.7%
               
Baker Hughes, Inc. 
    3,454     $ 253,627  
Diamond Offshore Drilling, Inc. 
    13,574       1,054,700  
Halliburton Co. 
    67,100       3,344,264  
Schlumberger, Ltd. 
    56,392       5,259,118  
Tidewater, Inc. 
    3,756       224,797  
                 
            $ 10,136,506  
                 
Food & Staples Retailing — 2.1%
               
CVS Caremark Corp. 
    86,869     $ 2,981,344  
Wal-Mart Stores, Inc. 
    82,996       4,319,942  
Walgreen Co. 
    17,421       699,279  
                 
            $ 8,000,565  
                 
Food Products — 1.9%
               
ConAgra Foods, Inc. 
    36,224     $ 860,320  
General Mills, Inc. 
    37,423       1,367,811  
Green Mountain Coffee Roasters, Inc.(1)
    15,366       992,797  
Kellogg Co. 
    31,044       1,675,755  
Kraft Foods, Inc., Class A
    54,344       1,704,228  
Tyson Foods, Inc., Class A
    28,696       550,676  
                 
            $ 7,151,587  
                 
Gas Utilities — 0.2%
               
Nicor, Inc. 
    11,699     $ 628,236  
                 
            $ 628,236  
                 
Health Care Equipment & Supplies — 1.6%
               
Baxter International, Inc. 
    42,233     $ 2,270,868  
Boston Scientific Corp.(1)
    82,776       595,160  
Covidien PLC
    11,380       591,077  
Medtronic, Inc. 
    52,729       2,074,886  
Zimmer Holdings, Inc.(1)
    5,294       320,446  
                 
            $ 5,852,437  
                 
Health Care Providers & Services — 1.6%
               
Express Scripts, Inc.(1)
    15,796     $ 878,415  
Medco Health Solutions, Inc.(1)
    26,655       1,496,945  
Quest Diagnostics, Inc. 
    21,510       1,241,557  
UnitedHealth Group, Inc. 
    49,739       2,248,203  
                 
            $ 5,865,120  
                 
 
3

 

                 
Security   Shares     Value  
Hotels, Restaurants & Leisure — 1.2%
               
McDonald’s Corp. 
    35,843     $ 2,727,294  
Wyndham Worldwide Corp. 
    26,139       831,482  
Yum! Brands, Inc. 
    16,501       847,821  
                 
            $ 4,406,597  
                 
Household Durables — 1.2%
               
D.R. Horton, Inc. 
    22,646     $ 263,826  
Leggett & Platt, Inc. 
    11,383       278,884  
Lennar Corp., Class A
    21,018       380,846  
Newell Rubbermaid, Inc. 
    81,591       1,560,836  
Pulte Group, Inc.(1)
    20,311       150,301  
Stanley Black & Decker, Inc. 
    10,773       825,212  
Whirlpool Corp. 
    11,922       1,017,662  
                 
            $ 4,477,567  
                 
Household Products — 1.5%
               
Clorox Co. (The)
    10,021     $ 702,171  
Kimberly-Clark Corp. 
    13,561       885,127  
Procter & Gamble Co. 
    68,531       4,221,510  
                 
            $ 5,808,808  
                 
Industrial Conglomerates — 1.9%
               
3M Co. 
    17,125     $ 1,601,187  
General Electric Co. 
    272,736       5,468,357  
                 
            $ 7,069,544  
                 
Insurance — 4.3%
               
ACE, Ltd. 
    14,012     $ 906,576  
Aflac, Inc. 
    7,577       399,914  
AON Corp. 
    15,101       799,749  
Berkshire Hathaway, Inc., Class B(1)
    35,979       3,008,924  
Cincinnati Financial Corp. 
    23,600       774,080  
Genworth Financial, Inc., Class A(1)
    4,317       58,107  
Lincoln National Corp. 
    34,963       1,050,289  
Marsh & McLennan Cos., Inc. 
    50,188       1,496,104  
MetLife, Inc. 
    45,032       2,014,281  
Principal Financial Group, Inc. 
    44,928       1,442,638  
Prudential Financial, Inc. 
    28,337       1,744,993  
Travelers Companies, Inc. (The)
    43,007       2,558,056  
                 
            $ 16,253,711  
                 
Internet & Catalog Retail — 0.6%
               
Amazon.com, Inc.(1)
    5,804     $ 1,045,475  
Priceline.com, Inc.(1)
    2,341       1,185,576  
                 
            $ 2,231,051  
                 
Internet Software & Services — 2.1%
               
AOL, Inc.(1)
    2,315     $ 45,212  
Google, Inc., Class A(1)
    10,119       5,931,859  
Monster Worldwide, Inc.(1)
    16,352       259,997  
VeriSign, Inc. 
    43,013       1,557,501  
                 
            $ 7,794,569  
                 
IT Services — 2.2%
               
Fidelity National Information Services, Inc. 
    26,132     $ 854,255  
International Business Machines Corp. 
    33,173       5,409,521  
MasterCard, Inc., Class A
    7,359       1,852,408  
                 
            $ 8,116,184  
                 
Leisure Equipment & Products — 0.4%
               
Mattel, Inc. 
    54,845     $ 1,367,286  
                 
            $ 1,367,286  
                 
 
4

 

                 
Security   Shares     Value  
Life Sciences Tools & Services — 0.1%
               
Thermo Fisher Scientific, Inc.(1)
    3,866     $ 214,756  
                 
            $ 214,756  
                 
Machinery — 1.1%
               
Caterpillar, Inc. 
    31,778     $ 3,538,480  
Eaton Corp. 
    2,862       158,669  
Snap-On, Inc. 
    6,380       383,183  
                 
            $ 4,080,332  
                 
Media — 4.3%
               
CBS Corp., Class B
    64,211     $ 1,607,844  
Comcast Corp., Class A
    131,079       3,240,273  
IMAX Corp.(1)
    16,738       535,281  
McGraw-Hill Cos., Inc. (The)
    51,266       2,019,881  
Omnicom Group, Inc. 
    39,439       1,934,877  
Scripps Networks Interactive, Class A
    6,991       350,179  
Time Warner, Inc. 
    25,474       909,422  
Time Warner Cable, Inc. 
    13,292       948,251  
Walt Disney Co. (The)
    102,056       4,397,593  
                 
            $ 15,943,601  
                 
Metals & Mining — 1.6%
               
AK Steel Holding Corp. 
    13,180     $ 207,980  
Allegheny Technologies, Inc. 
    16,248       1,100,314  
Cliffs Natural Resources, Inc. 
    4,838       475,479  
Freeport-McMoRan Copper & Gold, Inc. 
    56,000       3,110,800  
Nucor Corp. 
    22,092       1,016,674  
                 
            $ 5,911,247  
                 
Multi-Utilities — 2.4%
               
Centerpoint Energy, Inc. 
    17,504     $ 307,370  
CMS Energy Corp. 
    91,625       1,799,515  
Dominion Resources, Inc. 
    17,163       767,186  
DTE Energy Co. 
    10,342       506,344  
Integrys Energy Group, Inc. 
    10,554       533,083  
NiSource, Inc. 
    49,999       958,981  
Public Service Enterprise Group, Inc. 
    69,335       2,184,746  
TECO Energy, Inc. 
    92,229       1,730,216  
Xcel Energy, Inc. 
    12,009       286,895  
                 
            $ 9,074,336  
                 
Multiline Retail — 1.1%
               
Kohl’s Corp. 
    26,447     $ 1,402,749  
Macy’s, Inc. 
    83,393       2,023,114  
Nordstrom, Inc. 
    12,248       549,690  
                 
            $ 3,975,553  
                 
Oil, Gas & Consumable Fuels — 10.8%
               
Chevron Corp. 
    65,682     $ 7,056,217  
ConocoPhillips
    70,818       5,655,526  
El Paso Corp. 
    53,383       960,894  
EOG Resources, Inc. 
    20,592       2,440,358  
Exxon Mobil Corp. 
    169,590       14,267,607  
Massey Energy Co. 
    980       66,993  
Occidental Petroleum Corp. 
    39,289       4,105,308  
Peabody Energy Corp. 
    15,263       1,098,325  
Petrohawk Energy Corp.(1)
    16,345       401,106  
Range Resources Corp. 
    22,418       1,310,556  
Tesoro Corp.(1)
    25,722       690,121  
Williams Cos., Inc. 
    72,366       2,256,372  
                 
            $ 40,309,383  
                 
 
5

 

                 
Security   Shares     Value  
Paper & Forest Products — 0.2%
               
MeadWestvaco Corp. 
    21,446     $ 650,457  
                 
            $ 650,457  
                 
Personal Products — 0.1%
               
Alberto-Culver Co. 
    3,085     $ 114,978  
Estee Lauder Cos., Inc., Class A
    1,663       160,247  
                 
            $ 275,225  
                 
Pharmaceuticals — 6.4%
               
Abbott Laboratories
    83,514     $ 4,096,362  
Bristol-Myers Squibb Co. 
    83,905       2,217,609  
Johnson & Johnson
    115,620       6,850,485  
Merck & Co., Inc. 
    134,719       4,447,074  
Pfizer, Inc. 
    315,478       6,407,358  
                 
            $ 24,018,888  
                 
Professional Services — 0.3%
               
Dun & Bradstreet Corp. 
    1,472     $ 118,113  
Robert Half International, Inc. 
    28,288       865,613  
                 
            $ 983,726  
                 
Real Estate Investment Trusts (REITs) — 1.5%
               
Apartment Investment & Management Co., Class A
    12,428     $ 316,541  
AvalonBay Communities, Inc. 
    11,002       1,321,120  
Equity Residential
    14,774       833,401  
Host Hotels & Resorts, Inc. 
    32,755       576,816  
Kimco Realty Corp. 
    78,276       1,435,582  
Plum Creek Timber Co., Inc. 
    12,612       550,009  
ProLogis
    41,966       670,617  
                 
            $ 5,704,086  
                 
Real Estate Management & Development — 0.1%
               
CB Richard Ellis Group, Inc., Class A(1)
    19,604     $ 523,427  
                 
            $ 523,427  
                 
Road & Rail — 0.6%
               
J.B. Hunt Transport Services, Inc. 
    3,521     $ 159,924  
Norfolk Southern Corp. 
    28,268       1,958,124  
                 
            $ 2,118,048  
                 
Semiconductors & Semiconductor Equipment — 2.7%
               
Advanced Micro Devices, Inc.(1)
    12,153     $ 104,516  
Applied Materials, Inc. 
    119,522       1,866,934  
Atheros Communications, Inc.(1)
    23,469       1,047,891  
Cirrus Logic, Inc.(1)
    42,071       884,753  
Cypress Semiconductor Corp.(1)
    57,074       1,106,094  
First Solar, Inc.(1)
    1,663       267,477  
Intel Corp. 
    154,529       3,116,850  
MEMC Electronic Materials, Inc.(1)
    8,064       104,509  
Microchip Technology, Inc. 
    15,385       584,784  
Micron Technology, Inc.(1)
    56,773       650,618  
Teradyne, Inc.(1)
    32,470       578,291  
                 
            $ 10,312,717  
                 
Software — 3.8%
               
Concur Technologies, Inc.(1)
    33,500     $ 1,857,575  
Microsoft Corp. 
    300,546       7,621,847  
Oracle Corp. 
    103,117       3,441,014  
Quest Software, Inc.(1)
    11,338       287,872  
Symantec Corp.(1)
    56,043       1,039,037  
                 
            $ 14,247,345  
                 
 
6

 

                 
Security   Shares     Value  
Specialty Retail — 1.7%
               
Abercrombie & Fitch Co., Class A
    5,734     $ 336,586  
American Eagle Outfitters, Inc. 
    6,395       101,617  
Best Buy Co., Inc. 
    11,800       338,896  
GameStop Corp., Class A(1)
    2,593       58,394  
Home Depot, Inc. 
    33,442       1,239,361  
Limited Brands, Inc. 
    37,277       1,225,668  
RadioShack Corp. 
    19,049       285,925  
Staples, Inc. 
    88,922       1,726,865  
Tiffany & Co. 
    14,641       899,543  
                 
            $ 6,212,855  
                 
Textiles, Apparel & Luxury Goods — 0.3%
               
Coach, Inc. 
    4,244     $ 220,858  
Hanesbrands, Inc.(1)
    6,900       186,576  
NIKE, Inc., Class B
    7,588       574,411  
                 
            $ 981,845  
                 
Tobacco — 2.1%
               
Altria Group, Inc. 
    50,128     $ 1,304,832  
Philip Morris International, Inc. 
    82,600       5,421,038  
Reynolds American, Inc. 
    27,499       977,039  
                 
            $ 7,702,909  
                 
Trading Companies & Distributors — 0.1%
               
Fastenal Co. 
    5,040     $ 326,743  
                 
            $ 326,743  
                 
Wireless Telecommunication Services — 0.1%
               
Rogers Communications, Inc., Class B
    4,553     $ 165,729  
Vodafone Group PLC ADR
    5,619       161,546  
                 
            $ 327,275  
                 
         
Total Common Stocks — 101.8%
(identified cost $288,851,913)
  $ 380,589,641  
         
 
Call Options Written — (1.9)%
 
                             
    Number
 		  Strike
 		    Expiration
 		     
Description   of Contracts   Price     Date   Value  
S&P 500 Index
    385     $ 1,295     4/16/11   $ (1,432,200 )
S&P 500 Index
    915       1,305     4/16/11     (2,616,900 )
S&P 500 Index
    715       1,310     4/16/11     (1,816,100 )
S&P 500 Index
    640       1,315     4/16/11     (1,395,200 )
                         
         
Total Call Options Written
(premiums received $3,830,815)
  $ (7,260,400 )
         
         
Other Assets, Less Liabilities — 0.1%
  $ 687,659  
         
         
Net Assets — 100.0%
  $ 374,016,900  
         
 
             
The percentage shown for each investment category in the Portfolio of Investments is based on net assets.
         
ADR
  -   American Depositary Receipt
         
(1)
      Non-income producing security.
         
(2)
      Amount is less than 0.05%.
 
7

 

The cost and unrealized appreciation (depreciation) of investments of the Fund at March 31, 2011, as determined on a federal income tax basis, were as follows:
 
         
Aggregate cost
  $ 288,838,294  
         
Gross unrealized appreciation
  $ 97,419,726  
Gross unrealized depreciation
    (5,668,379 )
         
Net unrealized appreciation
  $ 91,751,347  
         
 
Written call options activity for the fiscal year to date ended March 31, 2011 was as follows:
 
                 
    Number of
 		    Premiums
 		 
    Contracts     Received  
Outstanding, beginning of period
    2,960     $ 5,118,535  
Options written
    8,195       12,738,971  
Options terminated in closing purchase transactions
    (8,115 )     (13,512,854 )
Options expired
    (385 )     (513,837 )
                 
Outstanding, end of period
    2,655     $ 3,830,815  
                 
 
All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At March 31, 2011, 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 generally intends to write 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 March 31, 2011, the aggregate fair value of 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 $7,260,400.
 
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 March 31, 2011, the hierarchy of inputs used in valuing the Fund’s investments, which are carried at value, were as follows:
 
                                 
Asset Description   Level 1     Level 2     Level 3     Total  
   
Common Stocks
  $ 380,589,641     $ —     $ —     $ 380,589,641  
 
 
Total Investments
  $ 380,589,641     $ —     $ —     $ 380,589,641  
 
 
                                 
Liability Description                        
   
Call Options Written
  $ (7,260,400 )   $ —     $ —     $ (7,260,400 )
 
 
Total
  $ (7,260,400 )   $ —     $ —     $ (7,260,400 )
 
 
 
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, 2010 whose fair value was determined using Level 3 inputs. At March 31, 2011, the value of investments transferred between Level 1 and Level 2, if any, during the fiscal year to date then ended was not significant.
 
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.
 
8

 

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:
  May 25, 2011    
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:
  May 25, 2011    
 
        
By:
  /s/ Barbara E. Campbell
 
Barbara E. Campbell 		   
 
  Treasurer    
 
        
Date:
  May 25, 2011