BOSTON, Sept. 8, 2011 /PRNewswire/ -- Eaton Vance
Tax-Managed Global Buy-Write Opportunities Fund (NYSE: ETW), a
diversified, closed-end management investment company, today
announced the earnings of the Fund for the three and the six months
ended June 30, 2011. The Fund's
fiscal year ends on December 31,
2011.
For the three months ended June 30,
2011, the Fund had net investment income of $9,803,299 ($0.091
per share). For the six months ended June
30, 2011, the Fund had net investment income of $14,184,493 ($0.132
per share). In comparison, for the three months ended
June 30, 2010, the Fund had net
investment income of $7,179,185
($0.067 per share). For the six
months ended June 30, 2010, the Fund
had net investment income of $10,937,084 ($0.102
per share).
Net realized and unrealized gains for the three months ended
June 30, 2011 were $19,936,905 ($0.185
per share). Net realized and unrealized gains for the six
months ended June 30, 2011 were
$57,255,821 ($0.533 per share). In comparison, net realized
and unrealized losses for the three months ended June 30, 2010 were $163,029,655 ($1.526 per share). Net realized and
unrealized losses for the six months ended June 30, 2010 were $172,211,002 ($1.612 per share).
On June 30, 2011, net assets of
the Fund were $1,434,428,472. The net
asset value per share on June 30,
2011 was $13.38 based on
107,229,535 shares outstanding. In comparison, on
June 30, 2010, net assets of the Fund
were $1,236,306,330. The net
asset value per share on June 30,
2010 was $11.55 based on
107,008,869 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 $199.0 billion
in assets as of July 31, 2011,
offering individuals and institutions a broad array of investment
strategies and wealth management solutions. The Company's
long record of providing exemplary service and attractive returns
through a variety of market conditions has made Eaton Vance the
investment manager of choice for many of today's most discerning
investors. For more information about Eaton Vance, visit
www.eatonvance.com.
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EATON VANCE
TAX-MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND
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SUMMARY OF
RESULTS OF OPERATIONS
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(in
thousands, except per share amounts)
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Three Months
Ended
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Six Months
Ended
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June
30,
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June
30,
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2011
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2010
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2011
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2010
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Gross investment
income
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$
13,668
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$
10,935
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$
21,958
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$
18,582
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Operating expenses
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(3,865)
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(3,756)
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(7,774)
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(7,645)
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Net investment income
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$
9,803
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$
7,179
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$
14,184
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$
10,937
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Net realized and unrealized
gains (losses)
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on investments
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$
19,937
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$
(163,030)
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$
57,256
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$
(172,211)
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Net increase (decrease) in net
assets
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from operations
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$
29,740
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$
(155,851)
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$
71,440
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$
(161,274)
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Earnings per Share
Outstanding
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Gross investment
income
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$
0.128
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$
0.102
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$
0.205
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$
0.174
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Operating expenses
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(0.037)
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(0.035)
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(0.073)
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(0.072)
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Net investment income
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$
0.091
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$
0.067
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$
0.132
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$
0.102
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Net realized and unrealized
gains (losses)
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on investments
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$
0.185
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$
(1.526)
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$
0.533
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$
(1.612)
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Net increase (decrease) in net
assets
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from operations
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$
0.276
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$
(1.459)
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$
0.665
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$
(1.510)
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Net Asset Value at June
30
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Net assets
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$
1,434,428
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$
1,236,306
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Shares outstanding
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107,230
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107,009
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Net asset value per share
outstanding
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$
13.38
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$
11.55
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Market Value Summary
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Market price on NYSE at June
30
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$
12.13
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$
11.21
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High market price (period ended
June 30)
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$
12.62
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$
14.18
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Low market price (period ended
June 30)
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$
11.70
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$
11.21
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SOURCE Eaton Vance Management