Business Description
This U.S.-based closed-end fund, run by Eaton Vance Management since 2005, focuses on growth-oriented stocks in mid- and large-sized American companies across a range of industries. To generate additional income, it sells covered call options on a significant portion of its holdings. The fund measures its results against several market indexes, including the Russell 1000 Growth Index and two BuyWrite indexes tied to the S&P 500 and NASDAQ-100.