Welcome!

News Feed Item

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

 

BOSTON, Feb. 4, 2014 /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 and year ended October 31, 2013. The Fund's fiscal year ended on October 31, 2013.

For the three months ended October 31, 2013, the Fund had net investment income of $3,124,445 ($0.215 per share). For the year ended October 31, 2013, the Fund had net investment income of $23,427,753 ($1.614 per share). In comparison, for the three months ended October 31, 2012, the Fund had net investment income of $3,500,074 ($0.241 per share). For the year ended October 31, 2012, the Fund had net investment income of $20,408,846 ($1.406 per share).

Net realized and unrealized gains for the three months ended October 31, 2013 were $18,093,103 ($1.250 per share) and net realized and unrealized gains for the year ended October 31, 2013 were $50,661,507 ($3.493 per share). In comparison, net realized and unrealized gains for the three months ended October 31, 2012 were $18,045,877 ($1.237 per share) and net realized and unrealized gains for the year ended October 31, 2012 were $21,634,206 ($1.484 per share).

On October 31, 2013, net assets of the Fund were $375,708,174. The net asset value per share on October 31, 2013 was $25.88 based on 14,519,257 shares outstanding. In comparison, on October 31, 2012, net assets of the Fund were $325,527,775. The net asset value per share on October 31, 2012 was $22.42 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 month-end are also posted to the website approximately 30 days following month-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 $283.3 billion in assets as of December 31, 2013 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


 

Year Ended







October 31


October 31







2013


2012


2013


2012

Gross investment income




$             4,514


$           4,926


$        29,048


$           25,923

Operating expenses





(1,155)


(1,078)


(4,583)


(4,033)

Interest expense 





(234)


(347)


(1,037)


(1,481)


Net investment income



$             3,125


$           3,501


$        23,428


$           20,409

Net realized and unrealized gains (losses)









  on investments





$           18,093


$         18,046


$        50,661


$           21,634


Net increase (decrease) in net assets









  from operations




$           21,218


$         21,547


$        74,089


$           42,043














Earnings per Share Outstanding










Gross investment income




$             0.311


$           0.340


$           2.001


$             1.786

Operating expenses





(0.080)


(0.075)


(0.316)


(0.278)

Interest expense





(0.016)


(0.024)


(0.071)


(0.102)


Net investment income 



$             0.215


$           0.241


$           1.614


$             1.406

Net realized and unrealized gains (losses)









  on investments





$             1.250


$           1.237


$           3.493


$             1.484


Net increase (decrease) in net assets









  from operations




$             1.465


$           1.478


$           5.107


$             2.890



























Net Asset Value at October 31











Net assets  








$      375,708


$        325,528


Shares outstanding 







14,519


14,519


Net asset value per share outstanding





$           25.88


$             22.42














Market Value Summary 












Market price on NYSE at October 31





$           23.63


$             19.66


High market price (period ended October 31)




$           25.38


$             20.23


Low market price (period ended October 31)




$           18.35


$             15.96














 

 

SOURCE Eaton Vance Management

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Today we can collect lots and lots of performance data. We build beautiful dashboards and even have fancy query languages to access and transform the data. Still performance data is a secret language only a couple of people understand. The more business becomes digital the more stakeholders are interested in this data including how it relates to business. Some of these people have never used a monitoring tool before. They have a question on their mind like “How is my application doing” but no id...
Announcing Poland #DigitalTransformation Pavilion
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
CloudEXPO | DXWorldEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
DXWorldEXPO LLC announced today that All in Mobile, a mobile app development company from Poland, will exhibit at the 22nd International CloudEXPO | DXWorldEXPO. All In Mobile is a mobile app development company from Poland. Since 2014, they maintain passion for developing mobile applications for enterprises and startups worldwide.
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, led attendees through the exciting evolution of the cloud. He looked at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering m...
For far too long technology teams have lived in siloes. Not only physical siloes, but cultural siloes pushed by competing objectives. This includes informational siloes where business users require one set of data and tech teams require different data. DevOps intends to bridge these gaps to make tech driven operations more aligned and efficient.
The best way to leverage your CloudEXPO | DXWorldEXPO presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering CloudEXPO | DXWorldEXPO will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at CloudEXPO. Product announcements during our show provide your company with the most reach through our targeted audienc...
Everything run by electricity will eventually be connected to the Internet. Get ahead of the Internet of Things revolution. In his session at @ThingsExpo, Akvelon expert and IoT industry leader Sergey Grebnov provided an educational dive into the world of managing your home, workplace and all the devices they contain with the power of machine-based AI and intelligent Bot services for a completely streamlined experience.
@DevOpsSummit at Cloud Expo, taking place November 12-13 in New York City, NY, is co-located with 22nd international CloudEXPO | first international DXWorldEXPO and will feature technical sessions from a rock star conference faculty and the leading industry players in the world.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors!
22nd International Cloud Expo, taking place June 5-7, 2018, at the Javits Center in New York City, NY, and co-located with the 1st DXWorld Expo will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud ...
Dhiraj Sehgal works in Delphix's product and solution organization. His focus has been DevOps, DataOps, private cloud and datacenters customers, technologies and products. He has wealth of experience in cloud focused and virtualized technologies ranging from compute, networking to storage. He has spoken at Cloud Expo for last 3 years now in New York and Santa Clara.
HyperConvergence came to market with the objective of being simple, flexible and to help drive down operating expenses. It reduced the footprint by bundling the compute/storage/network into one box. This brought a new set of challenges as the HyperConverged vendors are very focused on their own proprietary building blocks. If you want to scale in a certain way, let's say you identified a need for more storage and want to add a device that is not sold by the HyperConverged vendor, forget about it...