Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution

BOSTON, Dec. 13, 2011 /PRNewswire/ -- Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (NYSE: EXD) (the "Fund"), a closed-end management investment company, today declared its quarterly distribution of $0.425 per common share. The distribution is expected to be paid on January 3, 2012, to shareholders of record on December 23, 2011.  The ex-date is December 21, 2011. 

At this time, the Fund believes that a portion of the December distribution may be comprised of amounts from sources other than net investment income.  If that is the case, you will be notified in writing.  Further information will be available prior to the payment date at   http://funds.eatonvance.com.  The final determination of tax characteristics of the Fund's distributions will occur after the end of the year, at which time it will be reported to shareholders.

The Funds are 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 $188.2 billion in assets as of October 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.

SOURCE Eaton Vance Management

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