Eaton Vance Tax-Managed Buy-Write Opportunities Fund Report of Earnings
14 Diciembre 2009 - 3:55PM
PR Newswire (US)
BOSTON, Dec. 14 /PRNewswire-FirstCall/ -- Eaton Vance Tax-Managed
Buy-Write Opportunities Fund (NYSE:ETV), a diversified closed-end
investment company, today announced the earnings of the Fund for
the three months ended September 30, 2009 and the nine months ended
September 30, 2009. The Fund's fiscal year ends on December 31,
2009. For the three months ended September 30, 2009, the Fund had
net investment income of $1,479,223 ($0.023 per common share). For
the nine months ended September 30, 2009, the Fund had net
investment income of $5,651,840 ($0.089 per common share). In
comparison, for the three months ended September 30, 2008, the Fund
had net investment income of $1,783,809 ($0.028 per common share).
For the nine months ended September 30, 2008, the Fund had net
investment income of $5,045,741 ($0.080 per common share). Net
realized and unrealized gains for the three months ended September
30, 2009 were $72,994,475 ($1.150 per common share) and net
realized and unrealized gains for the nine months ended September
30, 2009 were $189,200,052 ($2.994 per common share). In
comparison, net realized and unrealized losses for the three months
ended September 30, 2008 were $95,518,875 ($1.513 per common share)
and net realized and unrealized losses for the nine months ended
September 30, 2008 were $183,510,873 ($2.905 per common share). On
September 30, 2009, net assets of the Fund were $867,205,370. The
net asset value per common share on September 30, 2009 was $13.71
based on 63,258,114 common shares outstanding. In comparison, on
September 30, 2008, net assets of the Fund were $937,720,150. The
net asset value per common share on September 30, 2008 was $14.84
based on 63,173,419 common 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 $154.9 billion in assets as
of October 31, 2009, 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
http://www.eatonvance.com/. EATON VANCE TAX MANAGED BUY-WRITE
OPPORTUNITIES FUND SUMMARY OF RESULTS OF OPERATIONS (in thousands,
except per share amounts) Three Months Ended Nine Months Ended
September 30, September 30, -------------- -------------- 2009 2008
2009 2008 ---- ---- ---- ---- Gross investment income $3,825 $4,582
$12,074 $13,711 Operating expenses ($2,346) ($2,798) ($6,422)
($8,665) ------- ------- ------- ------- Net investment income
$1,479 $1,784 $5,652 $5,046 Net realized and unrealized gains
(losses) on investments $72,994 ($95,519) $189,200 ($183,511)
------- -------- -------- --------- Net increase (decrease) in net
assets from operations $74,473 ($93,735) $194,852 ($178,465)
======= ======== ======== ========= Earnings per Share Outstanding
------------ Gross investment income $0.060 $0.072 $0.191 $0.217
Operating expenses ($0.037) ($0.044) ($0.102) ($0.137) -------
------- ------- ------- Net investment income $0.023 $0.028 $0.089
$0.080 Net realized and unrealized gains (losses) on investments
$1.150 ($1.513) $2.994 ($2.905) ------ ------- ------ ------- Net
increase (decrease) in net assets from operations $1.173 ($1.485)
$3.083 ($2.825) ====== ======= ====== ======= Net Asset Value at
September 30 (Common Shares) ------------------------------ Net
assets $867,205 $937,720 Shares outstanding 63,258 63,173 Net asset
value per share outstanding $13.71 $14.84 Market Value Summary
(Common Shares) ------------------------------ Market price on NYSE
at September 30 $14.29 $11.97 High market price (period ended
September 30) $15.46 $17.69 Low market price (period ended
September 30) $8.62 $11.65 DATASOURCE: Eaton Vance Management
CONTACT: Eaton Vance Management Investors, +1-800-262-1122 Web
Site: http://www.eatonvance.com/
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