Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund Report of Earnings
BOSTON, April 5 /PRNewswire-FirstCall/ -- 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 January 31, 2010. The Fund's fiscal year ends on October 31, 2010.
For the three months ended January 31, 2010, the Fund had net investment income of $3,942,775 ($0.272 per share). In comparison, for the three months ended January 31, 2009, the Fund had net investment income of $3,789,761 ($0.261 per share).
Net realized and unrealized gains for the three months ended January 31, 2010 were $10,911,763 ($0.752 per share). In comparison, net realized and unrealized losses for the three months ended January 31, 2009 were $39,666,797 ($2.732 per share).
On January 31, 2010, net assets of the Fund were $295,537,506. The net asset value per common share on January 31, 2010 was $20.35 based on 14,519,257 shares outstanding. In comparison, on January 31, 2009, net assets of the Fund were $220,116,080. The net asset value per share on January 31, 2009 was $15.16 based on 14,519,257 shares outstanding.
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 $161.6 billion in assets as of January 31, 2010, offering individuals and institutions a broad array of investment products 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,
-----------
2010 2009
---- ----
Gross investment income $5,006 $4,991
Operating expenses (839) (732)
Interest expense (225) (469)
---- ----
Net investment income $3,942 $3,790
Net realized and unrealized gains (losses)
on investments $10,912 $(39,667)
------- --------
Net increase (decrease) in net assets
from operations $14,854 $(35,877)
======= ========
Earnings per Share Outstanding
------------------------------
Gross investment income $0.345 $0.344
Operating expenses (0.058) (0.051)
Interest expense (0.015) (0.032)
------ ------
Net investment income $0.272 $0.261
Net realized and unrealized gains (losses)
on investments $0.752 $(2.732)
------ -------
Net increase (decrease) in net assets
from operations $1.024 ($2.471)
====== =======
Net investment income $0.272 $0.261
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Net Asset Value at January 31
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Net assets 295,538 220,116
Shares outstanding 14,519 14,519
Net asset value per share outstanding 20.35 15.16
Market Value Summary
---------------------
Market price on NYSE at January 31 $18.42 $13.28
High market price (period ended January 31) $20.25 $15.81
Low market price (period ended January 31) $17.47 $9.79
SOURCE Eaton Vance Management
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