Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund Report Of Earnings

BOSTON, June 21, 2013 /PRNewswire/ -- Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW), a closed-end management investment company, today announced the earnings of the Fund for the three months ended March 31, 2013. The Fund's fiscal year ends on December 31, 2013.

For the three months ended March 31, 2013, the Fund had net investment income of $5,097,420 ($0.048 per share). In comparison, for the three months ended March 31, 2012, the Fund had net investment income of $6,863,525 ($0.064 per share). 

Net realized and unrealized gains for the three months ended March 31, 2013 were $42,680,770 ($0.401 per share). In comparison, net realized and unrealized gains for the three months ended March 31, 2012 were $98,334,606 ($0.917 per share).

On March 31, 2013, net assets of the Fund were $1,333,216,255. The net asset value per share on March 31, 2013 was $12.53 based on 106,442,735 shares outstanding. In comparison, on March 31, 2012, net assets of the Fund were $1,383,830,880. The net asset value per share on March 31, 2012 was $12.91 based on 107,229,535 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 month-end are also posted to the website approximately 30 days following month-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 $260.3 billion in assets as of April 30, 2013, 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-MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND 

SUMMARY OF RESULTS OF OPERATIONS

(in thousands, except per share amounts)



















Three Months Ended




Three Months Ended








March 31,




March 31,








2013




2012


Gross investment income



$          8,715




$         10,560


Operating expenses




(3,618)




(3,696)



Net investment income



$          5,097




$           6,864


Net realized and unrealized gains (losses)








  on investments





$        42,681




$         98,335



Net increase (decrease) in net assets









  from operations




$        47,778




$       105,199














Earnings per Share Outstanding








Gross investment income



$          0.082




$           0.098


Operating expenses




(0.034)




(0.034)



Net investment income 



$          0.048




$           0.064


Net realized and unrealized gains (losses)








  on investments





$          0.401




$           0.917



Net increase (decrease) in net assets









  from operations




$          0.449




$           0.981


























Net Asset Value at March 31 










Net assets  




$   1,333,216




$    1,383,831



Shares outstanding



106,443




107,230



Net asset value per share outstanding


$          12.53




$           12.91














Market Value Summary











Market price on NYSE at March 31


$          11.20




$           11.04



High market price (period ended March 31)


$          11.37




$           11.56



Low market price (period ended March 31)


$          10.91




$           10.28


 

 

SOURCE Eaton Vance Management



RELATED LINKS
http://www.eatonvance.com/

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

 

PR Newswire Membership

Fill out a PR Newswire membership form or contact us at (888) 776-0942.

Learn about PR Newswire services

Request more information about PR Newswire products and services or call us at (888) 776-0942.