Overview
Description
Eaton Vance Enhanced Equity Income Fund is a closed-end investment fund focused on generating current income with a secondary objective of capital appreciation. The fund primarily invests in a diversified portfolio of large- and mid-cap U.S. equities, targeting companies with above-average growth prospects and solid financial strength. To enhance income, the fund employs an options strategy, specifically writing call options on individual securities it holds, allowing it to collect option premiums as a source of additional earnings. This covered call approach aims to provide consistent monthly distributions to shareholders, although a portion of these payouts may include return of capital in addition to income and realized gains. The fund’s holdings typically span sectors such as technology, healthcare, energy, and consumer discretionary, with major positions in leading U.S. companies. Managed by an experienced investment team, the fund serves investors seeking exposure to equities alongside a systematic income stream, positioning itself as both an income-generating and total-return vehicle within the broader equity market landscape.
About
CEO
Employees
0
Address
One Post Office Square
Boston, 02109, MA
United States
Boston, 02109, MA
United States
Phone
617 482 8260
Website
Instrument type
Closed-end fund
Sector
Financial Services
Industry
Asset Management
Country
United States
MIC code
XNYS