EATON VANCE TAX-MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND 
By BOSTON, March 14, 2014 /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 and year ended December 31, 2013. The Fund's fiscal year ended on December 31, 2013.
For the three months ended December 31, 2013, the Fund had net investment income of $2,131,056 ($0.020 per share). For the year ended December 31, 2013, the Fund had net investment income of $18,396,955 ($0.173 per share). In comparison, for the three months ended December 31, 2012, the Fund had net investment income of $3,067,389 ($0.029 per share). For the year ended December 31, 2012, the Fund had net investment income of $23,892,459 ($0.223 per share).
Net realized and unrealized gains for the three months ended December 31, 2013 were $80,548,465 ($0.755 per share). Net realized and unrealized gains for the year ended December 31, 2013 were $186,952,461 ($1.754 per share). In comparison, net realized and unrealized losses for the three months ended December 31, 2012 were $4,283,413 ($0.042 per share). Net realized and unrealized gains for the year ended December 31, 2012 were $116,413,699 ($1.084 per share).
On December 31, 2013, net assets of the Fund were $1,397,575,578. The net asset value per share on December 31, 2013 was $13.13 based on 106,442,735 shares outstanding. In comparison, on December 31, 2012, net assets of the Fund were $1,317,269,558. The net asset value per share on December 31, 2012 was $12.37 based on 106,509,735 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 $278.6 billion in assets as of January 31, 2014, 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 Year Ended
December 31, December 31,
------------ ------------
2013 2012 2013 2012
---- ---- ---- ----
Gross investment income $5,902 $6,715 $33,162 $38,497
Operating expenses (3,771) (3,648) (14,765) (14,605)
------ ------ ------- -------
Net investment income $2,131 $3,067 $18,397 $23,892
Net realized and unrealized gains (losses)
on investments $80,548 $(4,283) $186,952 $116,414
------- ------- -------- --------
Net increase (decrease) in net assets
from operations $82,679 $(1,216) $205,349 $140,306
Earnings per Share Outstanding
------------------------------
Gross investment income $0.056 $0.063 $0.312 $0.359
Operating expenses (0.036) (0.034) (0.139) (0.136)
------ ------ ------ ------
Net investment income $0.020 $0.029 $0.173 $0.223
Net realized and unrealized gains (losses)
on investments $0.755 $(0.042) $1.754 $1.084
------ ------- ------ ------
Net increase (decrease) in net assets
from operations $0.775 $(0.013) $1.927 $1.307
Net Asset Value at December 31
------------------------------
Net assets $1,397,576 $1,317,270
Shares outstanding 106,443 106,510
Net asset value per share outstanding $13.13 $12.37
Market Value Summary
--------------------
Market price on NYSE at December 31 $12.10 $10.69
High market price (period ended December 31) $12.19 $11.56
Low market price (period ended December 31) $10.75 $10.07
SOURCE Eaton Vance Management
