Eaton Vance Tax Managed Global Buy-Write Opportunities Fund (NYSE: ETW), a closed-end investment management company, today announced the earnings of the Fund for the three months ended March 31, 2007. The Fund's fiscal year ends on December 31, 2007.
For the three months ended March 31, 2007, the Fund had net investment income of $5,208,782 or ($0.049) per common share. In comparison, for the three months ended March 31, 2006, the Fund had net investment income of $5,639,205 ($0.053 per common share).
Net realized and unrealized gains for the three months ended March 31, 2007 were $34,152,807 or $0.322 per common share. In comparison, net realized and unrealized gains for the three months ended March 31, 2006 were $90,681,451 ($0.858 per common share).
On March 31, 2007, net assets of the Fund applicable to common shares were $2,070,637,532. The net asset value per common share on March 31, 2007 was $19.48 based on 106,308,067 common shares outstanding. In comparison, on March 31, 2006, net assets of the Fund applicable to common shares were $2,015,400,337. The net asset value per common share on March 31, 2006 was $19.08 based on 105,655,000 common shares outstanding.
The Fund is managed by Eaton Vance Management. Eaton Vance and its affiliates had $144.3 billion in assets under management on March 31, 2007. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance Marketing at (617) 482-8260.
EATON VANCE TAX- MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND | ||||
Three Months Ended | Three Months Ended | |||
March 31, | March 31, | |||
2007 | 2006 | |||
Gross investment income | $10,761 | $10,920 | ||
Operating expenses | ($5,552) | ($5,281) | ||
Net investment income (losses) | $5,209 | $5,639 | ||
Net realized and unrealized gains (losses) on investments | $34,153 | $90,681 | ||
Net increase (decrease) in net assets from operations | $39,362 | $96,320 | ||
Earnings per Common Share Outstanding | ||||
Gross investment income | $0.101 | $0.103 | ||
Operating expenses | ($0.052) | ($0.050) | ||
Net investment income (losses) | $0.049 | $0.053 | ||
Net realized and unrealized gains (losses) on investments | $0.322 | $0.858 | ||
Net increase (decrease) in net assets from operations | $0.371 | $0.911 | ||
Net Asset Value at March 31 (Common Shares) | ||||
Net assets (000) | $2,070,638 | $2,015,400 | ||
Shares outstanding (000) | 106,308 | 105,655 | ||
Net asset value per share outstanding | $19.48 | $19.08 | ||
Market Value Summary (Common Shares) | ||||
Market price on NYSE at March 31 | $19.75 | $18.13 | ||
High market price (three months ended March 31) | $20.34 | $18.67 | ||
Low market price (three months ended March 31) | $19.47 | $17.70 |