Eaton Vance Tax-Managed Buy-Write Income
Table of Contents

 
 
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, 2010
Date of Reporting Period
 
 

 

TABLE OF CONTENTS

Item 1. Schedule of Investments
Item 2. Controls and Procedures
Signatures
EX-99.CERT Section 302 Certification

Table of Contents

Item 1. Schedule of Investments

 

Table of Contents

Eaton Vance Tax-Managed Buy-Write Income Fund as of March 31, 2010
 
PORTFOLIO OF INVESTMENTS (Unaudited)
 
Common Stocks — 100.4%
 
                 
Security   Shares     Value  
Aerospace & Defense — 2.9%
               
Boeing Co. (The)
    12,902     $ 936,814  
Honeywell International, Inc. 
    66,929       3,029,876  
Northrop Grumman Corp. 
    22,634       1,484,111  
Rockwell Collins, Inc. 
    34,789       2,177,444  
United Technologies Corp. 
    43,492       3,201,446  
                 
            $ 10,829,691  
                 
Air Freight & Logistics — 1.2%
               
CH Robinson Worldwide, Inc. 
    16,275     $ 908,959  
Expeditors International of Washington, Inc. 
    21,522       794,592  
United Parcel Service, Inc., Class B
    45,237       2,913,715  
                 
            $ 4,617,266  
                 
Auto Components — 0.3%
               
Goodyear Tire & Rubber Co. (The)(1)
    2,578     $ 32,586  
Johnson Controls, Inc. 
    34,870       1,150,361  
                 
            $ 1,182,947  
                 
Automobiles — 0.4%
               
Ford Motor Co.(1)
    131,695     $ 1,655,406  
                 
            $ 1,655,406  
                 
Beverages — 2.8%
               
Brown-Forman Corp., Class B
    11,197     $ 665,662  
Coca-Cola Co. (The)
    86,673       4,767,015  
PepsiCo, Inc. 
    78,284       5,179,269  
                 
            $ 10,611,946  
                 
Biotechnology — 1.7%
               
Amgen, Inc.(1)
    56,704     $ 3,388,631  
Celgene Corp.(1)
    39,773       2,464,335  
Cephalon, Inc.(1)
    2,316       156,978  
Gilead Sciences, Inc.(1)
    10,674       485,454  
                 
            $ 6,495,398  
                 
Building Products — 0.1%
               
Masco Corp. 
    13,858     $ 215,076  
                 
            $ 215,076  
                 
Capital Markets — 2.0%
               
Bank of New York Mellon Corp. (The)
    13,449     $ 415,305  
Duff & Phelps Corp., Class A
    10,757       180,072  
Federated Investors, Inc., Class B
    7,867       207,531  
Goldman Sachs Group, Inc. 
    18,182       3,102,395  
Invesco, Ltd. 
    38,480       843,097  
Legg Mason, Inc. 
    21,991       630,482  
State Street Corp. 
    32,176       1,452,425  
T. Rowe Price Group, Inc. 
    12,852       705,960  
                 
            $ 7,537,267  
                 
Chemicals — 1.4%
               
Dow Chemical Co. (The)
    21,570     $ 637,825  
E.I. Du Pont de Nemours & Co. 
    73,387       2,732,932  
Eastman Chemical Co. 
    1,804       114,878  
Monsanto Co. 
    25,107       1,793,142  
                 
            $ 5,278,777  
                 
 
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Table of Contents

                 
Security   Shares     Value  
Commercial Banks — 3.2%
               
Fifth Third Bancorp
    91,535     $ 1,243,961  
First Horizon National Corp.(1)
    48,475       681,070  
KeyCorp
    25,580       198,245  
M&T Bank Corp. 
    20,480       1,625,702  
Marshall & Ilsley Corp. 
    39,440       317,492  
PNC Financial Services Group, Inc. 
    8,156       486,913  
Wells Fargo & Co. 
    240,395       7,481,092  
                 
            $ 12,034,475  
                 
Commercial Services & Supplies — 1.1%
               
Avery Dennison Corp. 
    30,924     $ 1,125,943  
Pitney Bowes, Inc. 
    15,666       383,034  
RR Donnelley & Sons Co. 
    18,274       390,150  
Waste Management, Inc. 
    70,380       2,423,183  
                 
            $ 4,322,310  
                 
Communications Equipment — 3.2%
               
Aviat Networks, Inc.(1)
    6,710     $ 44,487  
Brocade Communications Systems, Inc.(1)
    15,314       87,443  
Ciena Corp.(1)
    22,165       337,795  
Cisco Systems, Inc.(1)
    260,848       6,789,873  
Harris Corp. 
    23,222       1,102,813  
QUALCOMM, Inc. 
    88,202       3,703,602  
Riverbed Technology, Inc.(1)
    5,239       148,788  
                 
            $ 12,214,801  
                 
Computers & Peripherals — 5.8%
               
Apple, Inc.(1)
    30,468     $ 7,157,847  
Hewlett-Packard Co. 
    112,124       5,959,391  
International Business Machines Corp. 
    60,269       7,729,499  
QLogic Corp.(1)
    40,511       822,373  
SanDisk Corp.(1)
    12,335       427,161  
                 
            $ 22,096,271  
                 
Consumer Finance — 0.7%
               
American Express Co. 
    49,193     $ 2,029,703  
Discover Financial Services
    50,805       756,995  
                 
            $ 2,786,698  
                 
Containers & Packaging — 0.1%
               
Bemis Co., Inc. 
    7,568     $ 217,353  
                 
            $ 217,353  
                 
Distributors — 0.4%
               
Genuine Parts Co. 
    34,078     $ 1,439,455  
                 
            $ 1,439,455  
                 
Diversified Consumer Services — 0.4%
               
H&R Block, Inc. 
    85,901     $ 1,529,038  
                 
            $ 1,529,038  
                 
Diversified Financial Services — 4.7%
               
Bank of America Corp. 
    371,745     $ 6,635,648  
Citigroup, Inc.(1)
    407,074       1,648,650  
CME Group, Inc. 
    2,588       818,093  
JPMorgan Chase & Co. 
    170,941       7,649,610  
Moody’s Corp. 
    29,272       870,842  
NYSE Euronext
    8,497       251,596  
                 
            $ 17,874,439  
                 
 
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Security   Shares     Value  
Diversified Telecommunication Services — 3.1%
               
AT&T, Inc. 
    251,374     $ 6,495,504  
Frontier Communications Corp. 
    136,572       1,016,096  
Verizon Communications, Inc. 
    139,894       4,339,512  
                 
            $ 11,851,112  
                 
Electric Utilities — 1.1%
               
Duke Energy Corp. 
    88,867     $ 1,450,310  
Edison International
    22,819       779,725  
FirstEnergy Corp. 
    42,170       1,648,425  
Pinnacle West Capital Corp. 
    7,168       270,449  
                 
            $ 4,148,909  
                 
Electrical Equipment — 0.9%
               
Emerson Electric Co. 
    61,948     $ 3,118,462  
First Solar, Inc.(1)
    1,663       203,967  
SunPower Corp., Class A(1)
    7,422       140,276  
                 
            $ 3,462,705  
                 
Electronic Equipment, Instruments & Components — 0.1%
               
Molex, Inc. 
    13,181     $ 274,956  
                 
            $ 274,956  
                 
Energy Equipment & Services — 1.9%
               
Diamond Offshore Drilling, Inc. 
    17,050     $ 1,514,211  
Halliburton Co. 
    68,734       2,070,955  
Rowan Cos., Inc.(1)
    11,252       327,546  
Schlumberger, Ltd. 
    51,727       3,282,595  
                 
            $ 7,195,307  
                 
Food & Staples Retailing — 2.6%
               
CVS Caremark Corp. 
    99,448     $ 3,635,819  
Supervalu, Inc. 
    12,066       201,261  
Wal-Mart Stores, Inc. 
    110,912       6,166,707  
                 
            $ 10,003,787  
                 
Food Products — 1.5%
               
ConAgra Foods, Inc. 
    36,224     $ 908,136  
Hershey Co. (The)
    4,707       201,507  
Kellogg Co. 
    31,044       1,658,681  
Kraft Foods, Inc., Class A
    54,344       1,643,362  
Tyson Foods, Inc., Class A
    70,336       1,346,934  
                 
            $ 5,758,620  
                 
Gas Utilities — 0.2%
               
Nicor, Inc. 
    13,905     $ 582,898  
                 
            $ 582,898  
                 
Health Care Equipment & Supplies — 2.0%
               
Baxter International, Inc. 
    53,259     $ 3,099,674  
Boston Scientific Corp.(1)
    136,100       982,642  
Covidien PLC
    7,294       366,742  
Medtronic, Inc. 
    65,397       2,944,827  
Zimmer Holdings, Inc.(1)
    3,810       225,552  
                 
            $ 7,619,437  
                 
Health Care Providers & Services — 1.6%
               
Medco Health Solutions, Inc.(1)
    45,923     $ 2,964,789  
Quest Diagnostics, Inc. 
    7,850       457,577  
UnitedHealth Group, Inc.(1)
    76,435       2,497,131  
                 
            $ 5,919,497  
                 
 
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Table of Contents

                 
Security   Shares     Value  
Hotels, Restaurants & Leisure — 1.7%
               
Marriott International, Inc., Class A
    30,945     $ 975,386  
McDonald’s Corp. 
    52,268       3,487,321  
Wyndham Worldwide Corp. 
    26,139       672,557  
Yum! Brands, Inc. 
    35,271       1,351,937  
                 
            $ 6,487,201  
                 
Household Durables — 1.0%
               
D.R. Horton, Inc. 
    22,646     $ 285,340  
KB Home
    13,566       227,230  
Leggett & Platt, Inc. 
    1,988       43,020  
Lennar Corp., Class A
    21,018       361,720  
Newell Rubbermaid, Inc. 
    76,798       1,167,330  
Pulte Group, Inc.(1)
    20,311       228,499  
Stanley Black & Decker, Inc. 
    5,820       334,126  
Whirlpool Corp. 
    11,922       1,040,194  
                 
            $ 3,687,459  
                 
Household Products — 2.1%
               
Clorox Co. (The)
    14,476     $ 928,491  
Procter & Gamble Co. 
    113,659       7,191,205  
                 
            $ 8,119,696  
                 
Industrial Conglomerates — 1.8%
               
3M Co. 
    3,817     $ 318,987  
General Electric Co. 
    349,493       6,360,772  
Textron, Inc. 
    11,648       247,287  
                 
            $ 6,927,046  
                 
Insurance — 4.4%
               
ACE, Ltd. 
    7,845     $ 410,293  
Allianz SE ADR
    12,863       160,788  
AON Corp. 
    26,692       1,140,015  
Berkshire Hathaway, Inc., Class B(1)
    37,680       3,062,254  
Cincinnati Financial Corp. 
    34,819       1,006,269  
First American Corp. 
    13,676       462,796  
Genworth Financial, Inc., Class A(1)
    4,317       79,174  
Lincoln National Corp. 
    26,079       800,625  
Marsh & McLennan Cos., Inc. 
    50,188       1,225,591  
MetLife, Inc. 
    45,032       1,951,687  
Principal Financial Group, Inc. 
    56,834       1,660,121  
Prudential Financial, Inc. 
    32,089       1,941,384  
Travelers Companies, Inc. (The)
    52,982       2,857,849  
                 
            $ 16,758,846  
                 
Internet & Catalog Retail — 0.3%
               
Amazon.com, Inc.(1)
    2,741     $ 372,036  
Priceline.com, Inc.(1)
    3,073       783,615  
                 
            $ 1,155,651  
                 
Internet Software & Services — 2.1%
               
Akamai Technologies, Inc.(1)
    14,453     $ 453,969  
AOL, Inc.(1)
    2,315       58,523  
Google, Inc., Class A(1)
    10,726       6,081,749  
Monster Worldwide, Inc.(1)
    16,352       271,607  
VeriSign, Inc.(1)
    43,013       1,118,768  
                 
            $ 7,984,616  
                 
IT Services — 0.5%
               
Fidelity National Information Services, Inc. 
    33,633     $ 788,358  
MasterCard, Inc., Class A
    4,438       1,127,252  
                 
            $ 1,915,610  
                 
 
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Table of Contents

                 
Security   Shares     Value  
Leisure Equipment & Products — 0.3%
               
Mattel, Inc. 
    54,845     $ 1,247,175  
                 
            $ 1,247,175  
                 
Life Sciences Tools & Services — 0.1%
               
Thermo Fisher Scientific, Inc.(1)
    3,866     $ 198,867  
                 
            $ 198,867  
                 
Machinery — 1.1%
               
Caterpillar, Inc. 
    31,778     $ 1,997,247  
Eaton Corp. 
    24,497       1,856,138  
Snap-On, Inc. 
    6,380       276,509  
                 
            $ 4,129,894  
                 
Media — 2.9%
               
CBS Corp., Class B
    64,211     $ 895,101  
Comcast Corp., Class A
    136,660       2,571,941  
Interpublic Group of Cos., Inc.(1)
    54,079       449,937  
McGraw-Hill Cos., Inc. (The)
    28,238       1,006,685  
Omnicom Group, Inc. 
    39,439       1,530,628  
Time Warner, Inc. 
    25,474       796,572  
Walt Disney Co. (The)
    110,516       3,858,114  
                 
            $ 11,108,978  
                 
Metals & Mining — 1.2%
               
AK Steel Holding Corp. 
    16,643     $ 380,459  
Allegheny Technologies, Inc. 
    16,248       877,229  
Freeport-McMoRan Copper & Gold, Inc. 
    18,505       1,545,908  
Nucor Corp. 
    32,315       1,466,455  
United States Steel Corp. 
    1,868       118,655  
                 
            $ 4,388,706  
                 
Multi-Utilities — 2.3%
               
Centerpoint Energy, Inc. 
    17,504     $ 251,357  
CMS Energy Corp. 
    105,550       1,631,803  
Dominion Resources, Inc. 
    31,981       1,314,739  
DTE Energy Co. 
    10,342       461,253  
Integrys Energy Group, Inc. 
    10,554       500,049  
NiSource, Inc. 
    55,701       880,076  
Public Service Enterprise Group, Inc. 
    72,206       2,131,521  
TECO Energy, Inc. 
    92,229       1,465,519  
Xcel Energy, Inc. 
    12,009       254,591  
                 
            $ 8,890,908  
                 
Multiline Retail — 0.9%
               
Big Lots, Inc.(1)
    18,653     $ 679,342  
Macy’s, Inc. 
    83,393       1,815,466  
Nordstrom, Inc. 
    23,442       957,606  
                 
            $ 3,452,414  
                 
Oil, Gas & Consumable Fuels — 9.4%
               
Chevron Corp. 
    98,546     $ 7,472,743  
ConocoPhillips
    52,727       2,698,040  
El Paso Corp. 
    53,383       578,672  
EOG Resources, Inc. 
    27,384       2,545,069  
Exxon Mobil Corp. 
    196,993       13,194,591  
Massey Energy Co. 
    980       51,244  
Occidental Petroleum Corp. 
    51,366       4,342,482  
Peabody Energy Corp. 
    14,774       675,172  
Petrohawk Energy Corp.(1)
    16,345       331,477  
Range Resources Corp. 
    22,418       1,050,732  
 
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Table of Contents

                 
Security   Shares     Value  
SandRidge Energy, Inc.(1)
    32,887     $ 253,230  
Tesoro Corp. 
    35,498       493,422  
Williams Cos., Inc. 
    93,802       2,166,826  
                 
            $ 35,853,700  
                 
Paper & Forest Products — 0.1%
               
MeadWestvaco Corp. 
    21,446     $ 547,945  
                 
            $ 547,945  
                 
Personal Products — 0.6%
               
Alberto-Culver Co. 
    6,250     $ 163,437  
Estee Lauder Cos., Inc., Class A
    32,602       2,114,892  
                 
            $ 2,278,329  
                 
Pharmaceuticals — 6.7%
               
Abbott Laboratories
    73,898     $ 3,892,947  
Bristol-Myers Squibb Co. 
    83,905       2,240,264  
Johnson & Johnson
    115,620       7,538,424  
Merck & Co., Inc. 
    141,663       5,291,113  
Pfizer, Inc. 
    379,070       6,501,050  
                 
            $ 25,463,798  
                 
Professional Services — 0.2%
               
Robert Half International, Inc. 
    28,288     $ 860,804  
                 
            $ 860,804  
                 
Real Estate Investment Trusts (REITs) — 1.6%
               
Apartment Investment & Management Co., Class A
    12,428     $ 228,799  
AvalonBay Communities, Inc. 
    15,990       1,380,736  
Equity Residential
    39,753       1,556,330  
Host Hotels & Resorts, Inc. 
    32,755       479,861  
Kimco Realty Corp. 
    78,276       1,224,237  
Plum Creek Timber Co., Inc. 
    12,612       490,733  
ProLogis
    41,966       553,951  
                 
            $ 5,914,647  
                 
Real Estate Management & Development — 0.1%
               
CB Richard Ellis Group, Inc., Class A(1)
    25,169     $ 398,929  
                 
            $ 398,929  
                 
Road & Rail — 0.8%
               
CSX Corp. 
    22,133     $ 1,126,570  
Norfolk Southern Corp. 
    31,164       1,741,756  
                 
            $ 2,868,326  
                 
Semiconductors & Semiconductor Equipment — 2.9%
               
Advanced Micro Devices, Inc.(1)
    12,153     $ 112,658  
Analog Devices, Inc. 
    12,606       363,305  
Applied Materials, Inc. 
    174,619       2,353,864  
ASML Holding NV ADR
    8,339       295,201  
Intel Corp. 
    243,559       5,421,623  
MEMC Electronic Materials, Inc.(1)
    8,064       123,621  
Microchip Technology, Inc. 
    15,385       433,242  
Micron Technology, Inc.(1)
    56,773       589,871  
NVIDIA Corp.(1)
    46,376       806,015  
Teradyne, Inc.(1)
    32,470       362,690  
                 
            $ 10,862,090  
                 
Software — 4.1%
               
Citrix Systems, Inc.(1)
    7,719     $ 366,421  
Concur Technologies, Inc.(1)
    12,756       523,124  
Microsoft Corp. 
    295,201       8,640,533  
Novell, Inc.(1)
    45,275       271,197  
 
6

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Security   Shares     Value  
Oracle Corp. 
    176,492     $ 4,534,079  
Quest Software, Inc.(1)
    11,338       201,703  
Symantec Corp.(1)
    56,043       948,248  
                 
            $ 15,485,305  
                 
Specialty Retail — 2.1%
               
Abercrombie & Fitch Co., Class A
    12,165     $ 555,211  
American Eagle Outfitters, Inc. 
    15,045       278,633  
GameStop Corp., Class A(1)
    2,593       56,813  
Home Depot, Inc. 
    33,442       1,081,849  
Limited Brands, Inc. 
    55,729       1,372,048  
RadioShack Corp. 
    19,049       431,079  
Sherwin-Williams Co. (The)
    13,337       902,648  
Staples, Inc. 
    88,922       2,079,885  
Tiffany & Co. 
    23,218       1,102,623  
                 
            $ 7,860,789  
                 
Textiles, Apparel & Luxury Goods — 0.0%
               
NIKE, Inc., Class B
    1,911     $ 140,458  
                 
            $ 140,458  
                 
Tobacco — 1.5%
               
Altria Group, Inc. 
    25,229     $ 517,699  
Philip Morris International, Inc. 
    102,030       5,321,885  
                 
            $ 5,839,584  
                 
Trading Companies & Distributors — 0.1%
               
Fastenal Co. 
    6,000     $ 287,940  
                 
            $ 287,940  
                 
Wireless Telecommunication Services — 0.1%
               
Rogers Communications, Inc., Class B
    4,553     $ 155,394  
Vodafone Group PLC ADR
    9,067       211,170  
                 
            $ 366,564  
                 
                 
Total Common Stocks
(identified cost $317,239,264)
          $ 381,238,117  
                 
                 
Total Investments — 100.4%
(identified cost $317,239,264)
          $ 381,238,117  
                 
 
Call Options Written — (0.6)%
 
                             
    Number
 		  Strike
 		    Expiration
 		     
Description   of Contracts   Price     Date   Value  
S&P 500 Index
    1,110     $ 1,175     4/17/10   $ (1,265,400 )
S&P 500 Index
    855       1,185     4/17/10     (555,750 )
S&P 500 Index
    1,105       1,190     4/17/10     (552,500 )
                         
         
Total Call Options Written
(premiums received $3,101,163)
 
$ 		(2,373,650 )
         
         
Other Assets, Less Liabilities — 0.2%
  $ 687,462  
         
         
Net Assets — 100.0%
  $ 379,551,929  
         
 
             
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.
 
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The cost and unrealized appreciation (depreciation) of investments of the Fund at March 31, 2010, as determined on a federal income tax basis, were as follows:
 
         
Aggregate cost
  $ 317,238,053  
         
Gross unrealized appreciation
  $ 74,226,325  
Gross unrealized depreciation
    (10,226,261 )
         
Net unrealized appreciation
  $ 64,000,064  
         
 
Written call options activity for the fiscal year to date ended March 31, 2010 was as follows:
 
                 
    Number of
 		    Premiums
 		 
    Contracts     Received  
Outstanding, beginning of period
    3,368     $ 4,528,478  
Options written
    10,090       13,329,398  
Options terminated in closing purchase transactions
    (10,388 )     (14,756,713 )
                 
Outstanding, end of period
    3,070     $ 3,101,163  
                 
 
All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At March 31, 2010, 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, 2010, 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 $2,373,650.
 
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)
 
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, 2010, the inputs used in valuing the Fund’s investments, which are carried at value, were as follows:
 
                                 
    Quoted Prices in
 		                   
    Active Markets for
 		    Significant Other
 		    Significant
 		       
    Identical Assets     Observable Inputs     Unobservable Inputs        
       
Asset Description   (Level 1)     (Level 2)     (Level 3)     Total  
   
Common Stocks
  $ 381,238,117     $ —     $ —     $ 381,238,117  
 
 
Total Investments
  $ 381,238,117     $ —     $ —     $ 381,238,117  
 
 
                                 
Liability Description                        
 
 
Call Options Written
  $ (2,373,650 )   $ —     $ —     $ (2,373,650 )
 
 
Total
  $ (2,373,650 )   $ —     $ —     $ (2,373,650 )
 
 
 
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, 2009 whose fair value was determined using Level 3 inputs.
 
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.
 
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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.

 

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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/ Duncan W. Richardson    
 
 
 
Duncan W. Richardson 		   
 
  President    
 
        
Date:
  May 24, 2010    
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/ Duncan W. Richardson    
 
 
 
Duncan W. Richardson 		   
 
  President    
 
        
Date:
  May 24, 2010    
 
        
By:
  /s/ Barbara E. Campbell    
 
 
 
Barbara E. Campbell 		   
 
  Treasurer    
 
        
Date:
  May 24, 2010