Eaton Vance Tax-Managed Buy-Write Opportunities Fund Report Of Earnings

   Eaton Vance Tax-Managed Buy-Write Opportunities Fund Report Of Earnings

PR Newswire

BOSTON, Sept. 11, 2013

BOSTON, Sept. 11, 2013 /PRNewswire/ -- Eaton Vance Tax-Managed Buy-Write
Opportunities Fund (NYSE: ETV), a closed-end management investment company,
today announced the earnings of the Fund for the three and six months ended
June 30, 2013. The Fund's fiscal year ends on December 31, 2013.

For the three months ended June 30, 2013, the Fund had net investment income
of $2,143,013 ($0.033 per share). For the six months ended June 30, 2013, the
Fund had net investment income of $3,896,626 ($0.061 per share). In
comparison, for the three months ended June 30, 2012, the Fund had net
investment income of $1,787,629 ($0.028 per share). For the six months ended
June 30, 2012, the Fund had net investment income of $3,337,838 ($0.052 per
share).

Net realized and unrealized gains for the three months ended June 30, 2013
were $3,178,356 ($0.054 per share). Net realized and unrealized gains for the
six months ended June 30, 2013 were $54,716,489 ($0.864 per share). In
comparison, net realized and unrealized losses for the three months ended June
30, 2012 were $5,752,722 ($0.089 per share). Net realized and unrealized gains
for the six months ended June 30, 2012 were $64,598,134 ($1.013 per share).

On June 30, 2013, net assets of the Fund were $892,473,778. The net asset
value per share on June 30, 2013 was $14.03 based on 63,614,866 shares
outstanding. In comparison, on June 30, 2012, net assets of the Fund were
$896,707,368. The net asset value per share on June 30, 2012 was $14.05 based
on 63,816,866 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 $268.8 billion in assets as of July 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-MANAGED BUY-WRITE OPPORTUNITIES FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                                Three Months Ended        Six Months Ended
                                June 30,                  June 30,
                                2013         2012         2013       2012
Gross investment income         $       $       $      $    
                                 4,612       4,236        8,803    8,251
Operating expenses              (2,469)      (2,448)      (4,906)    (4,913)
     Net investment income      $       $       $      $    
                                 2,143       1,788        3,897    3,338
Net realized and unrealized
gains (losses)
 on investments                $       $       $      $    
                                 3,178      (5,753)      54,716    64,598
     Net increase (decrease) in
     net assets
      from operations          $       $       $      $    
                                 5,321      (3,965)      58,613    67,936
Earnings per Share
Outstanding
Gross investment income         $       $       $      $    
                                 0.072       0.066        0.138    0.129
Operating expenses              (0.039)      (0.038)      (0.077)    (0.077)
     Net investment income     $       $       $      $    
                                 0.033       0.028        0.061    0.052
Net realized and unrealized
gains (losses)
 on investments                $       $       $      $    
                                 0.054      (0.089)       0.864    1.013
     Net increase (decrease) in
     net assets
      from operations          $       $       $      $    
                                 0.087      (0.061)       0.925    1.065
Net Asset Value at June 30
     Net assets                                          $      $    
                                                          892,474    896,707
     Shares outstanding                                  63,615     63,817
     Net asset value per share                            $      $    
     outstanding                                            14.03    14.05
Market Value Summary
     Market price on NYSE at                              $      $    
     June 30                                                13.05    12.43
     High market price (period                            $      $    
     ended June 30)                                         13.71    13.26
     Low market price (period                             $      $    
     ended June 30)                                         12.68    11.77

SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor Contact: (800) 262-1122
 
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