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Wed, April 11, 2012

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Report of Earnings


Published on 2012-04-11 09:45:35 - Market Wire
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Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Report of Earnings -- BOSTON, April 11, 2012 /PRNewswire/ --

Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Report of Earnings

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BOSTON, April 11, 2012 /PRNewswire/ -- Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund (NYSE: [ ETO ]), a diversified closed-end management investment company, today announced the earnings of the Fund for the three months ended January 31, 2012. The Fund's fiscal year ends on October 31, 2012.

For the three months ended January 31, 2012, the Fund had net investment income of $3,895,555 ($0.269 per share). In comparison, for the three months ended January 31, 2011, the Fund had net investment income of $3,730,951 ($0.257 per share).  

Net realized and unrealized gains for the three months ended January 31, 2012 were $6,085,002 ($0.419 per share). In comparison, net realized and unrealized gains for the three months ended January 31, 2011 were $14,074,397 ($0.969 per share).

On January 31, 2012, net assets of the Fund were $308,714,515. The net asset value per share on January 31, 2012 was $21.26 based on 14,519,257 shares outstanding. In comparison, on January 31, 2011, net assets of the Fund were $331,907,328.  The net asset value per common share on January 31, 2011 was $22.86 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 $191.7 billion in assets as of January 31, 2012, 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








January 31,








2012


2011


Gross investment income






$     5,251


$     5,015


Operating expenses






(962)


(969)


Interest expense






(393)


(315)


        Net investment income





$     3,896


$     3,731


Net realized and unrealized gains (losses)










  on investments






$     6,085


$   14,074


        Net increase (decrease) in net assets









          from operations





$     9,981


$   17,805












Earnings per Share Outstanding










Gross investment income






$     0.362


$     0.346


Operating expenses






(0.066)


(0.067)


Interest expense






(0.027)


(0.022)


        Net investment income





$     0.269


$     0.257


Net realized and unrealized gains (losses)










  on investments






$     0.419


$     0.969


        Net increase (decrease) in net assets









          from operations





$     0.688


$     1.226






















Net Asset Value at January 31










        Net assets





$ 308,715


$ 331,907


        Shares outstanding





14,519


14,519


        Net asset value per share outstanding





$     21.26


$     22.86












Market Value Summary










        Market price on NYSE at January 31





$     18.80


$     20.98


        High market price (period ended January 31)





$     18.80


$     21.42


        Low market price (period ended January 31)





$     15.96


$     19.64












 

SOURCE Eaton Vance Management

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