Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Report of Earnings

BOSTON, Oct. 6, 2011 /PRNewswire/ -- Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: ETO), a diversified closed-end investment company, today announced the earnings of the Fund for the three and nine-month periods ended July 31, 2011.  The Fund's fiscal year ends on October 31, 2011.

For the three months ended July 31, 2011, the Fund had net investment income of $10,157,345 ($0.700 per share). For the nine months ended July 31, 2011, the Fund had net investment income of $20,075,076 ($1.383 per share).  In comparison, for the three months ended July 31, 2010, the Fund had net investment income of $7,382,631 ($0.508 per share).  For the nine months ended July 31, 2010, the Fund had net investment income of $18,210,333 ($1.254 per share).  

Net realized and unrealized losses for the three months ended July 31, 2011 were $34,700,955 ($2.388 per share) and net realized and unrealized gains for the nine months ended July 31, 2011 were $12,758,143 ($0.879 per share). In comparison, net realized and unrealized losses for the three months ended July 31, 2010 were $26,381,977 ($1.820 per share) and net realized and unrealized gains for the nine months ended July 31, 2010 were $6,739,749 ($0.464 per share).

On July 31, 2011, net assets of the Fund were $336,744,950.  The net asset value per share on July 31, 2011 was $23.19 based on 14,519,257 shares outstanding.  In comparison, on July 31, 2010, net assets of the Fund were $295,466,667.  The net asset value per share on July 31, 2010 was $20.35 based on 14,519,257 shares outstanding.  

The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds").  Fund portfolio holdings for the most recent calendar quarter-end are also posted to the website approximately 30 days following quarter-end.  

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $199.0 billion in assets as of July 31, 2011 offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.


EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDEND OPPORTUNITIES FUND


SUMMARY OF RESULTS OF OPERATIONS


(in thousands, except per share amounts)




















Three Months Ended


Nine Months Ended







July 31,


July 31,







2011


2010


2011


2010

Gross investment income

$                       12,896


$                      8,536


$                   25,281


$                      21,500

Operating expenses

(2,437)


(950)


(4,283)


(2,551)

Interest expense

(302)


(203)


(923)


(739)


Net investment income

$                       10,157


$                      7,383


$                   20,075


$                      18,210

Net realized and unrealized gains (losses)








 on investments

($34,701)


$                  (26,382)


$12,758


$                        6,740


Net increase (decrease) in net assets









 from operations

$                     (24,544)


$                  (18,999)


$                   32,833


$                      24,950









Earnings per Share Outstanding








Gross investment income

$                         0.888


$                      0.588


$                     1.741


$                        1.481

Operating expenses

(0.168)


(0.066)


(0.295)


(0.176)

Interest expense

(0.020)


(0.014)


(0.063)


(0.051)


Net investment income

$                         0.700


$                      0.508


$                     1.383


$                        1.254

Net realized and unrealized gains (losses)








 on investments

$                       (2.388)


$                    (1.820)


$                     0.879


$                        0.464


Net increase (decrease) in net assets









 from operations

$                       (1.688)


$                    (1.312)


$                     2.262


$                        1.718

















Net Asset Value at July 31









Net assets  





$                 336,745


$                    295,467


Shares outstanding





14,519


14,519


Net asset value per share outstanding





$                     23.19


$                        20.35














Market Value Summary









Market price on NYSE at July 31





$                     20.74


$                        18.77


High market price (period ended July 31)





$                     22.95


$                        21.17


Low market price (period ended July 31)





$                     19.64


$                        17.00



SOURCE Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund



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