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, 2011
Date of Reporting Period
 
 

 


 

Item 1. Schedule of Investments

 


 

Eaton Vance
Tax-Managed Buy-Write Income Fund
September 30, 2011
 
PORTFOLIO OF INVESTMENTS (Unaudited)
 
Common Stocks — 100.8%
 
                 
Security   Shares     Value  
Aerospace & Defense — 2.9%
               
Boeing Co. (The)
    26,422     $ 1,598,795  
Honeywell International, Inc. 
    55,258       2,426,379  
Huntington Ingalls Industries, Inc.(1)
    3,600       87,588  
Northrop Grumman Corp. 
    21,600       1,126,656  
Rockwell Collins, Inc. 
    16,000       844,160  
Textron, Inc. 
    11,648       205,471  
United Technologies Corp. 
    44,353       3,120,677  
                 
            $ 9,409,726  
                 
Air Freight & Logistics — 1.3%
               
CH Robinson Worldwide, Inc. 
    15,365     $ 1,052,042  
Expeditors International of Washington, Inc. 
    21,522       872,717  
United Parcel Service, Inc., Class B
    36,126       2,281,357  
                 
            $ 4,206,116  
                 
Airlines — 0.1%
               
Southwest Airlines Co. 
    36,616     $ 294,393  
                 
            $ 294,393  
                 
Auto Components — 0.6%
               
Dana Holding Corp.(1)
    31,658     $ 332,409  
Goodyear Tire & Rubber Co. (The)(1)
    13,476       135,973  
Johnson Controls, Inc. 
    37,662       993,147  
Lear Corp. 
    8,572       367,739  
                 
            $ 1,829,268  
                 
Automobiles — 0.2%
               
Ford Motor Co.(1)
    83,365     $ 806,140  
                 
            $ 806,140  
                 
Beverages — 2.9%
               
Coca-Cola Co. (The)
    86,673     $ 5,855,628  
PepsiCo, Inc. 
    55,700       3,447,830  
                 
            $ 9,303,458  
                 
Biotechnology — 1.4%
               
Amgen, Inc. 
    32,247     $ 1,771,973  
Celgene Corp.(1)
    32,350       2,003,112  
Gilead Sciences, Inc.(1)
    21,919       850,457  
                 
            $ 4,625,542  
                 
Capital Markets — 1.4%
               
Greenhill & Co., Inc. 
    14,014     $ 400,660  
Invesco, Ltd. 
    38,480       596,825  
Legg Mason, Inc. 
    18,049       464,040  
Morgan Stanley
    71,870       970,245  
State Street Corp. 
    27,413       881,602  
T. Rowe Price Group, Inc. 
    28,399       1,356,620  
                 
            $ 4,669,992  
                 
Chemicals — 1.3%
               
Dow Chemical Co. (The)
    40,267     $ 904,397  
E.I. Du Pont de Nemours & Co. 
    51,275       2,049,462  
 
1


 

                 
Security   Shares     Value  
Eastman Chemical Co. 
    1,804     $ 123,628  
Sherwin-Williams Co. (The)
    13,337       991,206  
                 
            $ 4,068,693  
                 
Commercial Banks — 3.1%
               
Banco Bilbao Vizcaya Argentaria SA ADR
    36,793     $ 299,127  
Bank of Montreal
    4,957       276,848  
Fifth Third Bancorp
    91,535       924,504  
First Horizon National Corp. 
    16,952       101,034  
KeyCorp
    25,580       151,689  
M&T Bank Corp. 
    12,600       880,740  
PNC Financial Services Group, Inc. 
    14,634       705,213  
Royal Bank of Scotland Group PLC ADR(1)
    8,242       58,765  
U.S. Bancorp
    53,344       1,255,718  
Wells Fargo & Co. 
    219,413       5,292,242  
                 
            $ 9,945,880  
                 
Commercial Services & Supplies — 0.6%
               
Avery Dennison Corp. 
    15,307     $ 383,900  
RR Donnelley & Sons Co. 
    10,000       141,200  
Waste Management, Inc. 
    39,000       1,269,840  
                 
            $ 1,794,940  
                 
Communications Equipment — 2.6%
               
Aviat Networks, Inc.(1)
    6,710     $ 15,768  
Brocade Communications Systems, Inc.(1)
    42,403       183,181  
Cisco Systems, Inc. 
    222,878       3,452,380  
Harris Corp. 
    23,222       793,496  
QUALCOMM, Inc. 
    82,146       3,994,760  
                 
            $ 8,439,585  
                 
Computers & Peripherals — 4.5%
               
Apple, Inc.(1)
    30,468     $ 11,613,793  
Hewlett-Packard Co. 
    103,916       2,332,914  
QLogic Corp.(1)
    20,459       259,420  
SanDisk Corp.(1)
    8,289       334,461  
                 
            $ 14,540,588  
                 
Consumer Finance — 1.0%
               
American Express Co. 
    49,193     $ 2,208,765  
Discover Financial Services
    40,754       934,897  
                 
            $ 3,143,662  
                 
Containers & Packaging — 0.2%
               
Sealed Air Corp. 
    49,091     $ 819,820  
                 
            $ 819,820  
                 
Distributors — 0.5%
               
Genuine Parts Co. 
    34,078     $ 1,731,162  
                 
            $ 1,731,162  
                 
Diversified Financial Services — 2.8%
               
Bank of America Corp. 
    274,847     $ 1,682,064  
Citigroup, Inc. 
    31,921       817,816  
CME Group, Inc. 
    3,193       786,755  
JPMorgan Chase & Co. 
    158,700       4,780,044  
Moody’s Corp. 
    29,272       891,332  
                 
            $ 8,958,011  
                 
Diversified Telecommunication Services — 3.7%
               
AT&T, Inc. 
    190,600     $ 5,435,912  
Frontier Communications Corp. 
    167,840       1,025,502  
 
2


 

                 
Security   Shares     Value  
Verizon Communications, Inc. 
    134,938     $ 4,965,719  
Windstream Corp. 
    46,200       538,692  
                 
            $ 11,965,825  
                 
Electric Utilities — 1.0%
               
Duke Energy Corp. 
    88,867     $ 1,776,451  
Edison International
    20,090       768,442  
FirstEnergy Corp. 
    10,281       461,720  
Pinnacle West Capital Corp. 
    7,168       307,794  
                 
            $ 3,314,407  
                 
Electrical Equipment — 0.7%
               
Emerson Electric Co. 
    53,488     $ 2,209,589  
                 
            $ 2,209,589  
                 
Electronic Equipment, Instruments & Components — 0.4%
               
Corning, Inc. 
    90,675     $ 1,120,743  
Molex, Inc. 
    13,181       268,497  
                 
            $ 1,389,240  
                 
Energy Equipment & Services — 2.0%
               
Baker Hughes, Inc. 
    12,214     $ 563,798  
Diamond Offshore Drilling, Inc. 
    13,574       743,041  
Halliburton Co. 
    62,164       1,897,245  
Schlumberger, Ltd. 
    56,392       3,368,294  
                 
            $ 6,572,378  
                 
Food & Staples Retailing — 2.5%
               
CVS Caremark Corp. 
    86,869     $ 2,917,061  
Wal-Mart Stores, Inc. 
    81,955       4,253,464  
Walgreen Co. 
    27,903       917,730  
                 
            $ 8,088,255  
                 
Food Products — 2.2%
               
ConAgra Foods, Inc. 
    36,224     $ 877,345  
General Mills, Inc. 
    19,286       741,932  
Green Mountain Coffee Roasters, Inc.(1)
    15,366       1,428,116  
Kellogg Co. 
    31,044       1,651,230  
Kraft Foods, Inc., Class A
    54,344       1,824,872  
Tyson Foods, Inc., Class A
    28,696       498,163  
                 
            $ 7,021,658  
                 
Gas Utilities — 0.2%
               
Nicor, Inc. 
    11,699     $ 643,562  
                 
            $ 643,562  
                 
Health Care Equipment & Supplies — 1.8%
               
Baxter International, Inc. 
    42,233     $ 2,370,961  
Boston Scientific Corp.(1)
    94,420       558,022  
Covidien PLC
    24,361       1,074,320  
Medtronic, Inc. 
    41,406       1,376,335  
Stryker Corp. 
    4,220       198,889  
Zimmer Holdings, Inc.(1)
    5,294       283,229  
                 
            $ 5,861,756  
                 
Health Care Providers & Services — 1.9%
               
Catalyst Health Solutions, Inc.(1)
    5,847     $ 337,313  
HCA Holdings, Inc.(1)
    12,216       246,274  
Humana, Inc. 
    5,455       396,742  
Medco Health Solutions, Inc.(1)
    26,655       1,249,853  
MEDNAX, Inc.(1)
    4,666       292,278  
Quest Diagnostics, Inc. 
    21,510       1,061,734  
Team Health Holdings, Inc.(1)
    8,564       140,621  
 
3


 

                 
Security   Shares     Value  
UnitedHealth Group, Inc. 
    49,739     $ 2,293,963  
VCA Antech, Inc.(1)
    18,558       296,557  
                 
            $ 6,315,335  
                 
Hotels, Restaurants & Leisure — 1.4%
               
McDonald’s Corp. 
    43,448     $ 3,815,603  
Wyndham Worldwide Corp. 
    26,139       745,223  
                 
            $ 4,560,826  
                 
Household Durables — 0.5%
               
Leggett & Platt, Inc. 
    11,383     $ 225,270  
Lennar Corp., Class A
    21,018       284,584  
Newell Rubbermaid, Inc. 
    76,798       911,592  
Pulte Group, Inc.(1)
    13,636       53,862  
                 
            $ 1,475,308  
                 
Household Products — 2.0%
               
Clorox Co. (The)
    14,825     $ 983,342  
Kimberly-Clark Corp. 
    19,850       1,409,549  
Procter & Gamble Co. 
    65,845       4,160,087  
                 
            $ 6,552,978  
                 
Industrial Conglomerates — 1.4%
               
3M Co. 
    17,125     $ 1,229,404  
General Electric Co. 
    225,767       3,440,689  
                 
            $ 4,670,093  
                 
Insurance — 4.0%
               
ACE, Ltd. 
    14,012     $ 849,127  
Allstate Corp. (The)
    8,347       197,740  
AON Corp. 
    15,101       633,940  
Berkshire Hathaway, Inc., Class B(1)
    34,964       2,483,843  
Cincinnati Financial Corp. 
    23,600       621,388  
Genworth Financial, Inc., Class A(1)
    4,317       24,780  
Hartford Financial Services Group, Inc. 
    12,039       194,309  
Marsh & McLennan Cos., Inc. 
    50,188       1,331,989  
MetLife, Inc. 
    51,866       1,452,767  
Principal Financial Group, Inc. 
    44,928       1,018,518  
Prudential Financial, Inc. 
    28,337       1,327,872  
Travelers Companies, Inc. (The)
    43,007       2,095,731  
XL Group PLC
    38,726       728,049  
                 
            $ 12,960,053  
                 
Internet & Catalog Retail — 0.7%
               
Amazon.com, Inc.(1)
    5,804     $ 1,254,999  
priceline.com, Inc.(1)
    2,341       1,052,186  
                 
            $ 2,307,185  
                 
Internet Software & Services — 2.2%
               
AOL, Inc.(1)
    2,315     $ 27,780  
Google, Inc., Class A(1)
    10,119       5,205,011  
VeriSign, Inc. 
    43,013       1,230,602  
Yahoo! Inc.(1)
    47,544       625,679  
                 
            $ 7,089,072  
                 
IT Services — 3.0%
               
Computer Sciences Corp. 
    26,107     $ 700,973  
Fidelity National Information Services, Inc. 
    26,132       635,530  
International Business Machines Corp. 
    33,173       5,806,270  
MasterCard, Inc., Class A
    7,359       2,333,981  
SAIC, Inc.(1)
    8,928       105,440  
                 
            $ 9,582,194  
                 
 
4


 

                 
Security   Shares     Value  
Leisure Equipment & Products — 0.5%
               
Mattel, Inc. 
    59,998     $ 1,553,348  
                 
            $ 1,553,348  
                 
Life Sciences Tools & Services — 0.2%
               
Agilent Technologies, Inc.(1)
    17,303     $ 540,719  
Thermo Fisher Scientific, Inc.(1)
    3,866       195,774  
                 
            $ 736,493  
                 
Machinery — 1.1%
               
Caterpillar, Inc. 
    31,778     $ 2,346,488  
Eaton Corp. 
    9,192       326,316  
Snap-On, Inc. 
    6,380       283,272  
Stanley Black & Decker, Inc. 
    10,773       528,954  
                 
            $ 3,485,030  
                 
Marine — 0.0%(2)
               
Kirby Corp.(1)
    1,985     $ 104,490  
                 
            $ 104,490  
                 
Media — 3.8%
               
CBS Corp., Class B
    64,211     $ 1,308,620  
Comcast Corp., Class A
    121,712       2,543,781  
McGraw-Hill Cos., Inc. (The)
    51,266       2,101,906  
Omnicom Group, Inc. 
    40,818       1,503,735  
Scripps Networks Interactive, Class A
    8,535       317,246  
Time Warner, Inc. 
    25,474       763,456  
Time Warner Cable, Inc. 
    9,267       580,763  
Walt Disney Co. (The)
    102,056       3,078,009  
                 
            $ 12,197,516  
                 
Metals & Mining — 1.1%
               
Allegheny Technologies, Inc. 
    16,248     $ 601,014  
Cliffs Natural Resources, Inc. 
    4,838       247,560  
Freeport-McMoRan Copper & Gold, Inc. 
    56,000       1,705,200  
Newmont Mining Corp. 
    9,148       575,409  
Nucor Corp. 
    18,291       578,727  
                 
            $ 3,707,910  
                 
Multi-Utilities — 2.9%
               
Centerpoint Energy, Inc. 
    17,504     $ 343,428  
CMS Energy Corp. 
    91,625       1,813,259  
Dominion Resources, Inc. 
    17,163       871,366  
DTE Energy Co. 
    10,342       506,965  
Integrys Energy Group, Inc. 
    10,554       513,135  
NiSource, Inc. 
    49,999       1,068,979  
Public Service Enterprise Group, Inc. 
    69,335       2,313,709  
TECO Energy, Inc. 
    92,229       1,579,883  
Xcel Energy, Inc. 
    12,009       296,502  
                 
            $ 9,307,226  
                 
Multiline Retail — 1.2%
               
Kohl’s Corp. 
    26,447     $ 1,298,548  
Macy’s, Inc. 
    72,452       1,906,936  
Nordstrom, Inc. 
    12,248       559,489  
                 
            $ 3,764,973  
                 
Oil, Gas & Consumable Fuels — 9.9%
               
Alpha Natural Resources, Inc.(1)
    12,635     $ 223,513  
Chevron Corp. 
    65,682       6,076,899  
ConocoPhillips
    66,837       4,232,119  
El Paso Corp. 
    53,383       933,135  
EOG Resources, Inc. 
    20,592       1,462,238  
Exxon Mobil Corp. 
    168,492       12,237,574  
 
5


 

                 
Security   Shares     Value  
Occidental Petroleum Corp. 
    41,073     $ 2,936,720  
Peabody Energy Corp. 
    15,263       517,110  
Range Resources Corp. 
    22,418       1,310,556  
Tesoro Corp.(1)
    25,722       500,807  
Williams Cos., Inc. 
    72,366       1,761,388  
                 
            $ 32,192,059  
                 
Paper & Forest Products — 0.2%
               
MeadWestvaco Corp. 
    21,446     $ 526,714  
                 
            $ 526,714  
                 
Personal Products — 0.0%(2)
               
Estee Lauder Cos., Inc. (The), Class A
    1,663     $ 146,078  
                 
            $ 146,078  
                 
Pharmaceuticals — 7.1%
               
Abbott Laboratories
    81,588     $ 4,172,410  
Bristol-Myers Squibb Co. 
    83,905       2,632,939  
Johnson & Johnson
    110,764       7,056,774  
Merck & Co., Inc. 
    149,461       4,888,869  
Pfizer, Inc. 
    222,842       3,939,847  
Warner Chilcott PLC, Class A(1)
    23,015       329,115  
                 
            $ 23,019,954  
                 
Professional Services — 0.3%
               
Dun & Bradstreet Corp. 
    1,472     $ 90,175  
Manpower, Inc. 
    4,353       146,348  
Robert Half International, Inc. 
    28,288       600,271  
                 
            $ 836,794  
                 
Real Estate Investment Trusts (REITs) — 1.6%
               
Apartment Investment & Management Co., Class A
    12,428     $ 274,907  
AvalonBay Communities, Inc. 
    11,002       1,254,778  
Equity Residential
    14,774       766,327  
Host Hotels & Resorts, Inc. 
    65,976       721,778  
Kimco Realty Corp. 
    78,276       1,176,488  
Plum Creek Timber Co., Inc. 
    12,612       437,763  
ProLogis, Inc. 
    23,932       580,351  
                 
            $ 5,212,392  
                 
Real Estate Management & Development — 0.1%
               
CB Richard Ellis Group, Inc., Class A(1)
    19,604     $ 263,870  
                 
            $ 263,870  
                 
Road & Rail — 0.8%
               
J.B. Hunt Transport Services, Inc. 
    3,521     $ 127,179  
Kansas City Southern(1)
    13,949       696,892  
Norfolk Southern Corp. 
    28,268       1,724,913  
                 
            $ 2,548,984  
                 
Semiconductors & Semiconductor Equipment — 2.3%
               
Analog Devices, Inc. 
    24,272     $ 758,500  
Applied Materials, Inc. 
    15,313       158,490  
Broadcom Corp., Class A(1)
    42,173       1,403,939  
Cirrus Logic, Inc.(1)
    8,422       124,140  
Cypress Semiconductor Corp.(1)
    32,222       482,363  
Intel Corp. 
    154,529       3,296,104  
Microchip Technology, Inc. 
    15,385       478,627  
Micron Technology, Inc.(1)
    56,773       286,136  
Teradyne, Inc.(1)
    32,470       357,495  
                 
            $ 7,345,794  
                 
 
6


 

                 
Security   Shares     Value  
Software — 3.9%
               
Concur Technologies, Inc.(1)
    33,500     $ 1,246,870  
Microsoft Corp. 
    287,979       7,167,797  
Oracle Corp. 
    103,117       2,963,583  
Quest Software, Inc.(1)
    11,338       180,047  
Symantec Corp.(1)
    56,043       913,501  
                 
            $ 12,471,798  
                 
Specialty Retail — 1.9%
               
Abercrombie & Fitch Co., Class A
    5,734     $ 352,985  
Advance Auto Parts, Inc. 
    4,927       286,259  
Home Depot, Inc. 
    65,676       2,158,770  
Limited Brands, Inc. 
    35,932       1,383,741  
RadioShack Corp. 
    19,049       221,349  
Staples, Inc. 
    67,464       897,271  
Tiffany & Co. 
    14,641       890,466  
                 
            $ 6,190,841  
                 
Textiles, Apparel & Luxury Goods — 0.3%
               
Coach, Inc. 
    4,244     $ 219,966  
Hanesbrands, Inc.(1)
    6,900       172,569  
NIKE, Inc., Class B
    7,588       648,850  
                 
            $ 1,041,385  
                 
Thrifts & Mortgage Finance — 0.3%
               
BankUnited, Inc. 
    24,813     $ 515,118  
Hudson City Bancorp, Inc. 
    67,464       381,846  
                 
            $ 896,964  
                 
Tobacco — 2.2%
               
Altria Group, Inc. 
    50,128     $ 1,343,932  
Philip Morris International, Inc. 
    73,821       4,604,954  
Reynolds American, Inc. 
    27,499       1,030,662  
                 
            $ 6,979,548  
                 
Trading Companies & Distributors — 0.1%
               
Fastenal Co. 
    10,080     $ 335,462  
                 
            $ 335,462  
                 
                 
Total Common Stocks
(identified cost $281,247,264)
          $ 326,032,313  
                 
 
Call Options Written — (1.2)%
 
                             
    Number of
    Strike
    Expiration
     
Description   Contracts     Price     Date   Value  
S&P 500 Index
    1,275     $ 1,175     10/22/11   $ (2,792,250 )
S&P 500 Index
    1,410       1,225     10/22/11     (944,700 )
                             
                     
Total Call Options Written
(premiums received $8,951,797)
              $ (3,736,950 )
                     
                             
Other Assets, Less Liabilities — 0.4%
                      $ 1,081,494  
                             
                     
Net Assets — 100.0%
              $ 323,376,857  
                     
 
             
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 September 30, 2011, as determined on a federal income tax basis, were as follows:
 
         
Aggregate cost
  $ 281,233,645  
         
Gross unrealized appreciation
  $ 56,666,933  
Gross unrealized depreciation
    (11,868,265 )
         
Net unrealized appreciation
  $ 44,798,668  
         
 
Written call options activity for the fiscal year to date ended September 30, 2011 was as follows:
 
                 
    Number of
    Premiums
 
    Contracts     Received  
Outstanding, beginning of period
    2,960     $ 5,118,535  
Options written
    24,180       43,640,557  
Options terminated in closing purchase transactions
    (20,885 )     (33,203,529 )
Options expired
    (3,570 )     (6,603,766 )
                 
Outstanding, end of period
    2,685     $ 8,951,797  
                 
 
All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At September 30, 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 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, 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 $3,736,950.
 
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, 2011, 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
  $ 326,032,313     $     $     $ 326,032,313  
 
 
Total Investments
  $ 326,032,313     $     $     $ 326,032,313  
 
 
                                 
Liability Description                        
   
Call Options Written
  $ (3,736,950 )   $     $     $ (3,736,950 )
 
 
Total
  $ (3,736,950 )   $     $     $ (3,736,950 )
 
 
 
8


 

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 September 30, 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.
 
9


 

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 23, 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: November 23, 2011
         
By:   /s/ Barbara E. Campbell      
  Barbara E. Campbell     
  Treasurer     
Date: November 23, 2011