BOSTON, Jan. 20, 2012 /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 months and the year ended October 31, 2011.  The Fund's fiscal year ended on October 31, 2011.

For the three months ended October 31, 2011, the Fund had net investment income of $640,562 ($0.044 per share). For the year ended October 31, 2011, the Fund had net investment income of $20,715,638 ($1.427 per share).  In comparison, for the three months ended October 31, 2010, the Fund had net investment income of $3,233,624 ($0.223 per share).  For the year ended October 31, 2010, the Fund had net investment income of $21,443,957 ($1.477 per share).

Net realized and unrealized losses for the three months ended October 31, 2011 were $28,484,895 ($1.956 per share) and net realized and unrealized losses for the year ended October 31, 2011 were $15,726,752 ($1.077 per share).  In comparison, net realized and unrealized gains for the three months ended October 31, 2010 were $25,559,946 ($1.759 per share) and net realized and unrealized gains for the year ended October 31, 2010 were $32,299,695 ($2.223 per share).

On October 31, 2011, net assets of the Fund were $303,817,491.  The net asset value per share on October 31, 2011 was $20.93 based on 14,519,257 shares outstanding.  In comparison, on October 31, 2010, net assets of the Fund were $319,161,372.  The net asset value per share on October 31, 2010 was $21.98 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 $184.5 billion in assets as of December 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

 

 

 

Year Ended

 

 

 

October 31,

 

 

October 31,

 

 

 

2011

 

2010

 

 

2011

 

2010

 

 

Gross investment income

$    1,952

 

$   4,448

 

 

$   25,840

 

$   25,948

 

 

Operating expenses

(977)

 

(808)

 

 

(3,867)

 

(3,359)

 

 

Interest expense

(334)

 

(406)

 

 

(1,257)

 

(1,145)

 

 

 

Net investment income

$       641

 

$   3,234

 

 

$   20,716

 

$   21,444

 

 

Net realized and unrealized gains (losses)

 

 

 

 

 

 

 

 

 

 

  on investments

$(28,485)

 

$ 25,560

 

 

$ (15,727)

 

$   32,300

 

 

 

Net increase (decrease) in net assets

 

 

 

 

 

 

 

 

 

 

 

  from operations

$(27,844)

 

$ 28,794

 

 

$     4,989

 

$   53,744

 

 

 

 

 

 

 

 

 

 

 

 

 

Earnings per Share Outstanding

 

 

 

 

 

 

 

 

 

 

Gross investment income

$    0.135

 

$   0.306

 

 

$     1.780

 

$     1.787

 

 

Operating expenses

(0.067)

 

(0.055)

 

 

(0.266)

 

(0.231)

 

 

Interest expense

(0.024)

 

(0.028)

 

 

(0.087)

 

(0.079)

 

 

 

Net investment income 

$    0.044

 

$   0.223

 

 

$     1.427

 

$     1.477

 

 

Net realized and unrealized gains (losses)

 

 

 

 

 

 

 

 

 

 

  on investments

$   (1.956)

 

$   1.759

 

 

$    (1.077)

 

$     2.223

 

 

 

Net increase (decrease) in net assets

 

 

 

 

 

 

 

 

 

 

 

  from operations

$   (1.912)

 

$   1.982

 

 

$     0.350

 

$     3.700

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Asset Value at October 31

 

 

 

 

 

 

 

 

 

 

 

Net assets  

 

 

 

 

 

$ 303,817

 

$ 319,161

 

 

 

Shares outstanding 

 

 

 

 

 

14,519

 

14,519

 

 

 

Net asset value per share outstanding

 

 

 

 

 

$     20.93

 

$     21.98

 

 

 

 

 

 

 

 

 

 

 

 

 

Market Value Summary 

 

 

 

 

 

 

 

 

 

 

 

Market price on NYSE at October 31

 

 

 

 

 

$     17.91

 

$     20.36

 

 

 

High market price (period ended October 31)

 

 

 

 

 

$     22.95

 

$     21.17

 

 

 

Low market price (period ended October 31)

 

 

 

 

 

$     15.69

 

$     17.00

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SOURCE Eaton Vance Management

Copyright 2012 PR Newswire

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