UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number

 

811-21676

Eaton Vance Tax Managed
Buy-Write Income Fund

(Exact Name of Registrant as Specified in Charter)

The Eaton Vance Building,
255 State Street, Boston, Massachusetts

 

02109

(Address of Principal Executive Offices)

 

(Zip code)

Maureen A. Gemma

Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109

(Name and Address of Agent for Services)

Registrant’s Telephone Number, Including Area Code:

 

(617) 482-8260

Date of Fiscal Year End:

 

December 31

Date of Reporting Period:

 

September 30, 2007

 

 



Item 1. Schedule of Investments



Eaton Vance Tax-Managed Buy-Write Income Fund                                                           as of September 30, 2007

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 101.2%

Security

 

Shares

 

Value

 

Aerospace & Defense — 2.6%

 

 

 

 

 

Boeing Co.

 

27,232

 

$

2,859,088

 

Honeywell International, Inc.

 

66,974

 

3,982,944

 

Northrop Grumman Corp.

 

20,111

 

1,568,658

 

Rockwell Collins, Inc.

 

10,733

 

783,938

 

United Technologies Corp.

 

48,521

 

3,904,970

 

 

 

 

 

$

13,099,598

 

Air Freight & Logistics — 0.7%

 

 

 

 

 

CH Robinson Worldwide, Inc.

 

11,570

 

$

628,135

 

United Parcel Service, Inc., Class B

 

36,301

 

2,726,205

 

 

 

 

 

$

3,354,340

 

Automobiles — 0.4%

 

 

 

 

 

General Motors Corp.

 

47,919

 

$

1,758,627

 

 

 

 

 

$

1,758,627

 

Beverages — 3.4%

 

 

 

 

 

Anheuser-Busch Cos., Inc.

 

74,053

 

$

3,701,909

 

Brown-Forman Corp., Class B

 

3,398

 

254,544

 

Coca-Cola Co.

 

123,077

 

7,073,235

 

PepsiCo, Inc.

 

82,053

 

6,011,203

 

 

 

 

 

$

17,040,891

 

Biotechnology — 1.0%

 

 

 

 

 

Amgen, Inc. (1)

 

35,351

 

$

1,999,806

 

Biogen Idec, Inc. (1)

 

35,276

 

2,339,857

 

CV Therapeutics, Inc. (1)

 

16,938

 

152,103

 

Enzon Pharmaceuticals, Inc. (1)

 

20,659

 

182,006

 

Telik, Inc. (1)

 

36,925

 

107,452

 

 

 

 

 

$

4,781,224

 

Capital Markets — 4.2%

 

 

 

 

 

American Capital Strategies, Ltd.

 

58,243

 

$

2,488,723

 

Bank of New York Mellon Corp.

 

85,778

 

3,786,241

 

Credit Suisse Group ADR

 

21,404

 

1,419,727

 

Federated Investors, Inc., Class B

 

32,602

 

1,294,299

 

Franklin Resources, Inc.

 

23,936

 

3,051,840

 

Goldman Sachs Group, Inc.

 

4,860

 

1,053,356

 

Invesco PLC ADR

 

54,842

 

1,497,187

 

Merrill Lynch & Co., Inc.

 

40,826

 

2,910,077

 

Morgan Stanley

 

49,306

 

3,106,278

 

 

 

 

 

$

20,607,728

 

Chemicals — 1.6%

 

 

 

 

 

Ashland, Inc.

 

6,811

 

$

410,090

 

E.I. du Pont de Nemours & Co.

 

77,067

 

3,819,441

 

1



 

 

 

Eastman Chemical Co.

 

31,031

 

$

2,070,699

 

Hercules, Inc.

 

18,741

 

393,936

 

Rohm and Haas Co.

 

25,931

 

1,443,579

 

 

 

 

 

$

8,137,745

 

Commercial Banks — 3.1%

 

 

 

 

 

Banco Bilbao Vizcaya Argentaria SA ADR

 

5,728

 

$

133,348

 

Comerica, Inc.

 

6,819

 

349,678

 

Marshall & Ilsley Corp.

 

8,458

 

370,207

 

National City Corp.

 

89,020

 

2,233,512

 

U.S. Bancorp

 

138,298

 

4,498,834

 

Wachovia Corp.

 

100,050

 

5,017,508

 

Wells Fargo & Co.

 

82,804

 

2,949,479

 

 

 

 

 

$

15,552,566

 

Commercial Services & Supplies — 0.8%

 

 

 

 

 

ACCO Brands Corp. (1)

 

4,260

 

$

95,594

 

Avery Dennison Corp.

 

2,286

 

130,348

 

RR Donnelley & Sons Co.

 

55,489

 

2,028,678

 

Waste Management, Inc.

 

51,616

 

1,947,988

 

 

 

 

 

$

4,202,608

 

Communications Equipment — 3.9%

 

 

 

 

 

Cisco Systems, Inc. (1)

 

237,947

 

$

7,878,425

 

Corning, Inc.

 

105,686

 

2,605,160

 

Harris Corp.

 

30,013

 

1,734,451

 

Motorola, Inc.

 

116,382

 

2,156,558

 

Nokia Oyj ADR

 

29,005

 

1,100,160

 

QUALCOMM, Inc.

 

96,745

 

4,088,444

 

 

 

 

 

$

19,563,198

 

Computer Peripherals — 4.3%

 

 

 

 

 

Apple, Inc. (1)

 

23,149

 

$

3,554,297

 

Hewlett-Packard Co.

 

67,015

 

3,336,677

 

International Business Machines Corp.

 

70,301

 

8,281,458

 

Network Appliance, Inc. (1)

 

30,962

 

833,187

 

Palm, Inc. (1)

 

18,656

 

303,533

 

SanDisk Corp. (1)

 

52,801

 

2,909,335

 

Seagate Technology

 

81,522

 

2,085,333

 

 

 

 

 

$

21,303,820

 

Construction Materials — 0.5%

 

 

 

 

 

Vulcan Materials Co.

 

28,398

 

$

2,531,682

 

 

 

 

 

$

2,531,682

 

Consumer Finance — 1.0%

 

 

 

 

 

American Express Co.

 

67,796

 

$

4,025,049

 

Discover Financial Services (1)

 

52,050

 

1,082,640

 

 

 

 

 

$

5,107,689

 

2



 

 

 

Containers & Packaging — 0.3%

 

 

 

 

 

Bemis Co., Inc.

 

8,256

 

$

240,332

 

Temple-Inland, Inc.

 

20,807

 

1,095,072

 

 

 

 

 

$

1,335,404

 

Distributors — 0.1%

 

 

 

 

 

Genuine Parts Co.

 

7,145

 

$

357,250

 

 

 

 

 

$

357,250

 

Diversified Financial Services — 5.7%

 

 

 

 

 

Bank of America Corp.

 

211,250

 

$

10,619,538

 

Citigroup, Inc.

 

228,650

 

10,671,096

 

ING Groep NV ADR

 

6,983

 

309,417

 

JPMorgan Chase & Co.

 

144,915

 

6,640,005

 

 

 

 

 

$

28,240,056

 

Diversified Telecommunication Services — 3.5%

 

 

 

 

 

Aruba Networks, Inc. (1)

 

13,988

 

$

279,760

 

AT&T, Inc.

 

192,018

 

8,124,282

 

Citizens Communications Co.

 

103,792

 

1,486,301

 

Verizon Communications Inc.

 

168,513

 

7,461,756

 

Windstream Corp.

 

18,255

 

257,761

 

 

 

 

 

$

17,609,860

 

Electric Utilities — 0.6%

 

 

 

 

 

Duke Energy Corp.

 

151,179

 

$

2,825,536

 

Pinnacle West Capital Corp.

 

1,491

 

58,909

 

 

 

 

 

$

2,884,445

 

Electrical Equipment — 0.8%

 

 

 

 

 

Emerson Electric Co.

 

76,240

 

$

4,057,493

 

 

 

 

 

$

4,057,493

 

Energy Equipment & Services — 2.6%

 

 

 

 

 

BJ Services Co.

 

13,316

 

$

353,540

 

Diamond Offshore Drilling, Inc.

 

17,338

 

1,964,222

 

Halliburton Co.

 

101,980

 

3,916,032

 

Nabors Industries, Ltd. (1)

 

8,488

 

261,176

 

Noble Corp.

 

60,436

 

2,964,386

 

Schlumberger, Ltd.

 

20,710

 

2,174,550

 

Transocean, Inc. (1)

 

9,875

 

1,116,369

 

 

 

 

 

$

12,750,275

 

Food & Staples Retailing — 1.4%

 

 

 

 

 

CVS Caremark Corp.

 

68,200

 

$

2,702,766

 

SUPERVALU, Inc.

 

6,564

 

256,062

 

Wal-Mart Stores, Inc.

 

94,081

 

4,106,636

 

 

 

 

 

$

7,065,464

 

3



 

 

 

Food Products — 0.7%

 

 

 

 

 

ConAgra Foods, Inc.

 

27,892

 

$

728,818

 

Hershey Co. (The)

 

28,612

 

1,327,883

 

Kellogg Co.

 

10,675

 

597,800

 

Kraft Foods, Inc., Class A

 

21,832

 

753,422

 

 

 

 

 

$

3,407,923

 

Gas Utilities — 0.1%

 

 

 

 

 

Nicor, Inc.

 

14,401

 

$

617,803

 

 

 

 

 

$

617,803

 

Health Care Equipment & Supplies — 1.5%

 

 

 

 

 

Baxter International, Inc.

 

63,957

 

$

3,599,500

 

Medtronic, Inc.

 

65,992

 

3,722,609

 

 

 

 

 

$

7,322,109

 

Health Care Providers & Services — 1.8%

 

 

 

 

 

DaVita, Inc. (1)

 

7,700

 

$

486,486

 

Laboratory Corp. of America Holdings (1)

 

9,283

 

726,209

 

McKesson Corp.

 

39,374

 

2,314,797

 

Quest Diagnostics, Inc.

 

7,288

 

421,028

 

UnitedHealth Group, Inc.

 

61,522

 

2,979,510

 

WellPoint, Inc. (1)

 

24,707

 

1,949,876

 

 

 

 

 

$

8,877,906

 

Hotels, Restaurants & Leisure — 1.4%

 

 

 

 

 

Carnival Corp.

 

38,610

 

$

1,869,882

 

Darden Restaurants, Inc.

 

11,777

 

492,985

 

Harrah’s Entertainment, Inc.

 

25,739

 

2,237,491

 

International Game Technology

 

2,084

 

89,820

 

Starwood Hotels & Resorts Worldwide, Inc.

 

20,021

 

1,216,276

 

Yum! Brands, Inc.

 

35,271

 

1,193,218

 

 

 

 

 

$

7,099,672

 

Household Durables — 0.4%

 

 

 

 

 

Fortune Brands, Inc.

 

18,128

 

$

1,477,251

 

Pulte Homes, Inc.

 

31,881

 

433,900

 

 

 

 

 

$

1,911,151

 

Household Products — 2.2%

 

 

 

 

 

Procter & Gamble Co.

 

156,559

 

$

11,012,360

 

 

 

 

 

$

11,012,360

 

Independent Power Producers & Energy Traders — 0.5%

 

 

 

 

 

TXU Corp.

 

32,886

 

$

2,251,704

 

 

 

 

 

$

2,251,704

 

Industrial Conglomerates — 3.7%

 

 

 

 

 

General Electric Co.

 

443,982

 

$

18,380,855

 

 

 

 

 

$

18,380,855

 

4



 

 

 

Insurance — 4.2%

 

 

 

 

 

ACE, Ltd.

 

2,587

 

$

156,695

 

Allstate Corp.

 

66,976

 

3,830,357

 

American International Group, Inc.

 

109,356

 

7,397,933

 

Lincoln National Corp.

 

9,136

 

602,702

 

MetLife, Inc.

 

26,055

 

1,816,815

 

PartnerRe, Ltd.

 

5,273

 

416,514

 

Prudential Financial, Inc.

 

35,186

 

3,433,450

 

Travelers Cos., Inc.

 

37,065

 

1,865,852

 

XL Capital Ltd., Class A

 

13,891

 

1,100,167

 

 

 

 

 

$

20,620,485

 

Internet Software & Services — 2.0%

 

 

 

 

 

Akamai Technologies, Inc. (1)

 

40,367

 

$

1,159,744

 

Google Inc., Class A (1)

 

12,361

 

7,012,024

 

VeriSign, Inc. (1)

 

54,603

 

1,842,305

 

 

 

 

 

$

10,014,073

 

IT Services — 1.1%

 

 

 

 

 

Automatic Data Processing, Inc.

 

37,355

 

$

1,715,715

 

Broadridge Financial Solutions, Inc.

 

2,175

 

41,216

 

Checkfree Corp. (1)

 

20,086

 

934,802

 

Cognizant Technology Solutions Corp., Class A (1)

 

11,841

 

944,557

 

Paychex, Inc.

 

41,638

 

1,707,158

 

Unisys Corp. (1)

 

33,075

 

218,957

 

 

 

 

 

$

5,562,405

 

Leisure Equipment & Products — 0.5%

 

 

 

 

 

Mattel, Inc.

 

107,387

 

$

2,519,299

 

 

 

 

 

$

2,519,299

 

Life Sciences Tools & Services — 0.2%

 

 

 

 

 

Applera Corp.-Applied Biosystems Group

 

12,990

 

$

449,974

 

Thermo Fisher Scientific, Inc. (1)

 

8,409

 

485,367

 

 

 

 

 

$

935,341

 

Machinery — 1.4%

 

 

 

 

 

Deere & Co.

 

26,933

 

$

3,997,396

 

Eaton Corp.

 

24,497

 

2,426,183

 

Parker Hannifin Corp.

 

6,333

 

708,219

 

 

 

 

 

$

7,131,798

 

Media — 3.2%

 

 

 

 

 

CBS Corp., Class B

 

15,386

 

$

484,659

 

Comcast Corp., Class A (1)

 

75,138

 

1,816,837

 

Dow Jones & Co., Inc.

 

47,991

 

2,865,063

 

Idearc, Inc.

 

7,419

 

233,476

 

Interpublic Group of Cos., Inc. (1)

 

62,468

 

648,418

 

Meredith Corp.

 

4,689

 

268,680

 

5



 

 

 

Time Warner Inc.

 

256,667

 

$

4,712,406

 

Walt Disney Co.

 

146,646

 

5,043,156

 

 

 

 

 

$

16,072,695

 

Metals & Mining — 1.0%

 

 

 

 

 

Alcoa, Inc.

 

86,678

 

$

3,390,843

 

Newmont Mining Corp.

 

12,695

 

567,847

 

Nucor Corp.

 

15,304

 

910,129

 

 

 

 

 

$

4,868,819

 

Multiline Retail — 0.9%

 

 

 

 

 

Big Lots, Inc. (1)

 

46,681

 

$

1,392,961

 

J.C. Penney Company, Inc.

 

28,484

 

1,805,031

 

Macy’s, Inc.

 

1

 

32

 

Nordstrom, Inc.

 

9,277

 

434,999

 

Saks, Inc.

 

30,588

 

524,584

 

Sears Holdings Corp. (1)

 

2,294

 

291,797

 

 

 

 

 

$

4,449,404

 

Multi-Utilities — 2.6%

 

 

 

 

 

Ameren Corp.

 

56,922

 

$

2,988,405

 

CenterPoint Energy, Inc.

 

17,504

 

280,589

 

Consolidated Edison, Inc.

 

63,264

 

2,929,123

 

DTE Energy Co.

 

13,998

 

678,063

 

Integrys Energy Group, Inc.

 

4,275

 

219,008

 

NorthWestern Corp.

 

25,000

 

679,250

 

Public Service Enterprise Group, Inc.

 

37,163

 

3,269,972

 

TECO Energy, Inc.

 

110,189

 

1,810,405

 

Xcel Energy, Inc.

 

12,009

 

258,674

 

 

 

 

 

$

13,113,489

 

Oil, Gas & Consumable Fuels — 9.4%

 

 

 

 

 

Chevron Corp.

 

106,518

 

$

9,967,954

 

ConocoPhillips

 

75,235

 

6,603,376

 

El Paso Corp.

 

26,406

 

448,110

 

EOG Resources, Inc.

 

32,118

 

2,323,095

 

Exxon Mobil Corp.

 

235,589

 

21,806,118

 

Parallel Petroleum Corp. (1)

 

15,000

 

254,850

 

Valero Energy Corp.

 

30,355

 

2,039,249

 

Williams Cos., Inc.

 

96,877

 

3,299,631

 

 

 

 

 

$

46,742,383

 

Paper and Forest Products — 0.2%

 

 

 

 

 

MeadWestvaco Corp.

 

33,483

 

$

988,753

 

 

 

 

 

$

988,753

 

6



 

 

 

Personal Products — 0.3%

 

 

 

 

 

Alberto-Culver Co.

 

43,605

 

$

1,080,968

 

Estee Lauder Cos., Inc., Class A

 

8,436

 

358,193

 

 

 

 

 

$

1,439,161

 

Pharmaceuticals — 6.6%

 

 

 

 

 

Abbott Laboratories

 

83,874

 

$

4,497,324

 

Bristol-Myers Squibb Co.

 

151,729

 

4,372,830

 

Eli Lilly & Co.

 

50,746

 

2,888,970

 

Johnson & Johnson

 

121,409

 

7,976,571

 

Merck & Co., Inc.

 

61,821

 

3,195,528

 

Mylan Laboratories, Inc.

 

46,338

 

739,554

 

Pfizer, Inc.

 

229,537

 

5,607,589

 

Wyeth

 

80,608

 

3,591,086

 

 

 

 

 

$

32,869,452

 

Real Estate Investment Trusts (REITs) — 0.8%

 

 

 

 

 

Host Hotels & Resorts, Inc.

 

10,658

 

$

239,166

 

Plum Creek Timber Co., Inc.

 

15,428

 

690,557

 

Simon Property Group, Inc.

 

29,775

 

2,977,500

 

 

 

 

 

$

3,907,223

 

Road & Rail — 0.5%

 

 

 

 

 

CSX Corp.

 

45,309

 

$

1,936,054

 

Norfolk Southern Corp.

 

6,312

 

327,656

 

Union Pacific Corp.

 

822

 

92,935

 

 

 

 

 

$

2,356,645

 

Semiconductors & Semiconductor Equipment — 3.2%

 

 

 

 

 

Advanced Micro Devices, Inc. (1)

 

41,197

 

$

543,800

 

Analog Devices, Inc.

 

44,223

 

1,599,104

 

Applied Materials, Inc.

 

128,413

 

2,658,149

 

Broadcom Corp., Class A (1)

 

20,035

 

730,075

 

Intel Corp.

 

121,961

 

3,153,911

 

Intersil Corp., Class A

 

51,768

 

1,730,604

 

KLA-Tencor Corp.

 

32,861

 

1,832,987

 

Linear Technology Corp.

 

20,661

 

722,928

 

MEMC Electronic Materials, Inc. (1)

 

6,830

 

402,014

 

Novellus Systems, Inc. (1)

 

28,838

 

786,124

 

Teradyne, Inc. (1)

 

77,277

 

1,066,423

 

Xilinx, Inc.

 

31,658

 

827,540

 

 

 

 

 

$

16,053,659

 

Software — 3.0%

 

 

 

 

 

Adobe Systems, Inc. (1)

 

32,525

 

$

1,420,042

 

Microsoft Corp.

 

388,296

 

11,439,200

 

Oracle Corp. (1)

 

90,238

 

1,953,653

 

Quest Software, Inc. (1)

 

17,700

 

303,732

 

 

 

 

 

$

15,116,627

 

7



 

 

 

Specialty Retail — 1.7%

 

 

 

 

 

Best Buy Co., Inc.

 

15,110

 

$

695,362

 

Home Depot, Inc.

 

136,866

 

4,439,933

 

Lowe’s Companies, Inc.

 

18,489

 

518,062

 

Men’s Wearhouse, Inc.

 

19,093

 

964,578

 

Sherwin-Williams Co.

 

15,317

 

1,006,480

 

Tiffany & Co.

 

14,641

 

766,456

 

 

 

 

 

$

8,390,871

 

Textiles, Apparel & Luxury Goods — 0.7%

 

 

 

 

 

Nike, Inc., Class B

 

56,486

 

$

3,313,469

 

 

 

 

 

$

3,313,469

 

Thrifts & Mortgage Finance — 0.3%

 

 

 

 

 

Countrywide Financial Corp.

 

21,676

 

$

412,061

 

Washington Mutual, Inc.

 

25,946

 

916,153

 

 

 

 

 

$

1,328,214

 

Tobacco — 1.8%

 

 

 

 

 

Altria Group, Inc.

 

63,395

 

$

4,407,854

 

Reynolds American, Inc.

 

43,782

 

2,784,097

 

UST, Inc.

 

32,881

 

1,630,898

 

 

 

 

 

$

8,822,849

 

Wireless Telecommunication Services — 0.8%

 

 

 

 

 

Alltel Corp.

 

44,595

 

$

3,107,380

 

NII Holdings, Inc., Class B (1)

 

10,118

 

831,194

 

 

 

 

 

$

3,938,574

 

Total Common Stocks
(identified cost $396,593,074)

 

 

 

$

502,779,134

 

Total Investments — 101.2%
(identified cost $396,593,074)

 

 

 

$

502,779,134

 

 

Covered Call Options Written — (1.4%)

 

 

Number of

 

Premium

 

 

 

Type of Contract

 

Contracts

 

Received

 

Value

 

S&P 500 Index, Expires 10/20/07, Strike 1,510

 

411

 

$

1,145,704

 

$

(1,485,765

)

S&P 500 Index, Expires 10/20/07, Strike 1,525

 

431

 

1,464,366

 

(1,116,290

)

S&P 500 Index, Expires 10/20/07, Strike 1,535

 

1,935

 

5,583,166

 

(3,870,000

)

S&P 500 Index, Expires 10/20/07, Strike 1,550

 

435

 

1,086,456

 

(565,500

)

Total Covered Call Options Written
(premiums received $9,279,691)

 

 

 

 

 

$

(7,037,555

)

Other Assets, Less Liabilities — 0.2%

 

 

 

 

 

$

1,103,902

 

Net Assets — 100.0%

 

 

 

 

 

$

496,845,481

 

 

8



 

 

 

ADR

—

American Depository Receipt

(1)

 

Non-income producing security.

 

The cost and unrealized appreciation (depreciation) in value of the investments owned at September 30, 2007, as computed on a federal income tax basis, were as follows:

Aggregate cost

 

$

396,561,176

 

Gross unrealized appreciation

 

$

109,201,317

 

Gross unrealized depreciation

 

(2,983,359

)

Net unrealized appreciation

 

$

106,217,958

 

 

Summary of options outstanding at September 30, 2007:

Written call options activity for the fiscal year to date ended September 30, 2007 was as follows:

 

 

Number of
Contracts

 

Premiums
Received

 

Outstanding, beginning of period

 

3,512

 

$

5,911,479

 

Options written

 

30,339

 

56,861,539

 

Options terminated in closing purchase transactions

 

(30,639

)

(53,493,327

)

Outstanding, end of period

 

3,212

 

$

9,279,691

 

 

All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At September 30, 2007, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

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/ Duncan W. Richardson

 

 

Duncan W. Richardson

 

 

President and Principal Executive Officer

Date:

 

November 20, 2007

 

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 and Principal Executive Officer

Date:

 

November 20, 2007

By:

 

/s/ Barbara E. Campbell

 

 

Barbara E. Campbell

 

 

Treasurer and Principal Financial Officer

Date:

 

November 20, 2007