ETW Research | Milton Maxwell

ETW

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

9.08

-0.03-0.33%

Dec 16, 4:00:02 PM EST

Upcoming Earnings

Report date

≈ -/-

Earnings Call Transcripts

This Quarter (Q4 '25)

No earnings call transcript available yet

Last Quarter (Q3 '25)

No earnings call transcript available

Key Stats

Market Cap

986.07M

P/E (TTM)

9.36

Basic EPS (TTM)

0.97

Dividend Yield

0.09%

Recent Filings

8-K

New board chairperson appointed

8/28/25Aug 28, 2025

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund appointed Scott E. Wennerholm as Chairperson of the Board effective August 27, 2025, for a four-year term. This follows Susan J. Sutherland's interim role since August 9, 2025, after the previous chairperson's passing. The change stabilizes leadership amid ongoing fund operations.

8-K

Chairperson's sudden passing

8/14/25Aug 14, 2025

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund disclosed the unexpected death of Chairperson Mark R. Fetting on August 9, 2025, prompting swift leadership adjustments. Susan J. Sutherland now serves as acting Chairperson, while the Board shrinks from ten to nine members effective August 12. This transition ensures continuity amid the Fund's governance structure.

8-K

By-laws amendment eases share controls

10/10/24Oct 10, 2024

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund eliminated its Control Share Provisions through Amendment No. 1 to the By-Laws, effective October 10, 2024. This formalizes a prior Board exemption from January 26, 2023, easing restrictions on share acquisitions that could trigger control share rules. The change simplifies ownership transfers. No financial impacts disclosed.

8-K

Board exempts control share rules

2/1/23Feb 1, 2023

On January 26, 2023, the Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund's Board voted to exempt all prior and new share purchases from its Control Share By-Law provisions until further notice, following a Massachusetts Superior Court ruling that deemed the by-law non-compliant with the Investment Company Act. The decision stems from ongoing litigation with Saba Capital, where the court upheld the Board's fiduciary actions to shield retail investors from activist hedge fund tactics but invalidated the by-law. This opens voting rights to control acquisitions. Litigation persists.

8-K

Fund adopts anti-activist voting curbs

8/13/20Aug 13, 2020

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund amended its By-Laws on August 13, 2020, introducing Control Share Provisions to curb voting power from acquisitions exceeding 10% of shares. These rules require non-interested shareholders to approve voting rights for such stakes, shielding the fund from activist investors. Pre-2020 holdings remain unaffected. The move entrusts control to the broader shareholder base.

About

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund is a closed-ended equity mutual fund launched and managed by Eaton Vance Management. It is co-managed by Parametric Portfolio Associates LLC. The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors. The fund also writes call options on one or more U.S. and foreign indices on a substantial portion of the value of its common stock portfolio. It benchmarks the performance of its portfolio against the S&P 500 Index, the CBOE S&P 500 BuyWrite Index, the CBOE NASDAQ-100 BuyWrite Index, and the FTSE Eurotop 100 Index. Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund was formed on September 30, 2005 and is domiciled in the United States.

CEO

Mr. Thomas Chanlin Seto

IPO

11/21/2005

Website

https://funds.eatonvance.com/Tax-Managed-Global-Buy-Write-Opportunities-Fund-ETW.php

Sector

Financial Services

Industry

Asset Management