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N-Q 1 a07-13499_1nq.htm N-Q

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number 811-21745
Eaton Vance Tax Managed Global Buy-Write Opportunities Fund
(Exact Name of
Registrant as Specified in Charter)
The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109
(Address of
Principal Executive Offices) (Zip code)
Alan R. Dynner, Esq. Eaton Vance Management, 255 State Street, Boston, Massachusetts 02109
(Name and Address
of Agent for Services)
Registrant’s Telephone
Number, Including Area Code: (617)
482-8260
Date of Fiscal Year End: December 31
Date of Reporting Period: March 31,
2007

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Item 1. Schedule of Investments

SEQ.=1,FOLIO='',FILE='C:\Fc\146153725440_P66534CHE_2152008\13499-1-bc.htm',USER='jmsproofassembler',CD='May 26 15:38 2007'

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of March 31, 2007

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 101.5%

Security Shares Value
Aerospace &
Defense — 0.6%
General Dynamics Corp. 66,702 $ 5,096,033
Honeywell
International, Inc. 152,231 7,011,760
$ 12,107,793
Air
Freight & Logistics — 1.0%
C.H. Robinson Worldwide, Inc. 84,275 $ 4,024,131
Deutsche Post AG 295,340 8,884,566
Expeditors International
of Washington, Inc. 60,642 2,505,727
FedEx Corp. 28,786 3,092,480
Yamato Holdings Co.,
Ltd. 115,701 1,858,131
$ 20,365,035
Airlines
— 0.0%
Japan Airlines Corp. (1) 335,000 $ 694,625
$ 694,625
Auto
Components — 0.4%
Bridgestone Corp. 72,000 $ 1,427,983
Cooper Tire and Rubber
Co. 33,444 611,691
Johnson
Controls, Inc. 39,177 3,706,928
NGK Spark Plug Co., Ltd. 20,000 372,453
NHK Spring Co., Ltd. 38,000 379,567
Stanley Electric Co.,
Ltd. 17,200 348,050
Sumitomo Rubber
Industries, Inc. 25,000 272,333
Toyota Industries Corp. 9,000 423,718
$ 7,542,723
Automobiles
— 1.6%
DaimlerChrysler AG 221,780 $ 18,081,140
Harley-Davidson, Inc. 24,652 1,448,305
Honda Motor Co., Ltd. 120,700 4,197,500
Isuzu Motors, Ltd. 77,000 385,094
Mitsubishi Motors Corp.
(1) 172,000 267,426
Nissan Motor Co., Ltd. 97,600 1,040,624
Toyota Motor Corp. 84,207 5,381,961
Volkswagen AG 21,183 3,167,899
$ 33,969,949
Beverages
— 0.9%
Brown-Forman Corp.,
Class B 9,015 $ 591,023
Carlsberg A/S 16,803 1,819,012
Heineken NV 30,199 1,573,416
Ito En, Ltd. 16,600 539,457
Kirin Brewery Company,
Ltd. 68,000 979,587
Pepsi Bottling
Group, Inc. 19,042 607,249

1

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PepsiCo, Inc. 140,963 $
Pernod-Ricard SA 8,806 1,784,266
Sapporo Holdings, Ltd. 153,000 1,072,629
Scottish &
Newcastle PLC 35,190 415,422
Takara
Holdings, Inc. 137,000 964,495
$ 19,306,164
Biotechnology
— 2.5%
Amgen, Inc. (1) 302,879 $ 16,924,879
Amylin
Pharmaceuticals, Inc. (1) 33,302 1,244,163
Biogen Idec, Inc.
(1) 204,749 9,086,761
CV Therapeutics, Inc.
(1) 50,000 393,500
Genzyme Corp. (1) 43,104 2,587,102
Gilead
Sciences, Inc. (1) 219,532 16,794,198
LifeCell Corp. (1) 61,774 1,542,497
Martek Biosciences Corp.
(1) 12,388 255,441
Regeneron
Pharmaceuticals, Inc. (1) 124,547 2,692,706
$ 51,521,247
Building
Products — 0.2%
Asahi Glass Co., Ltd. 156,497 $ 2,191,561
JS Group Corp. 25,600 552,561
Masco Corp. 37,357 1,023,582
Sanwa Shutter Corp. 78,000 483,716
$ 4,251,420
Capital
Markets — 2.5%
Bank of New York
Co., Inc. 134,492 $ 5,453,651
Charles Schwab Corp. 43,252 791,079
E*Trade Financial Corp.
(1) 31,960 678,191
Federated
Investors, Inc., Class B 15,936 585,170
Franklin
Resources, Inc. 66,123 7,989,642
Goldman Sachs Group, Inc. 7,200 1,487,736
Matsui Securities Co.,
Ltd. (1) 16,300 142,060
Merrill Lynch &
Co., Inc. 85,000 6,941,950
Mitsubishi UFJ
Securities Co., Ltd. (1) 36,000 408,180
Nikko Cordial Corp. 65,803 932,745
Nomura
Holdings, Inc. 89,400 1,849,795
NYSE Euronext 17,935 1,710,238
UBS AG 373,582 22,174,320
$ 51,144,757
Chemicals
— 1.6%
Air Products and
Chemicals, Inc. 9,559 $ 706,315
BASF AG 137,761 15,447,306
Daicel Chemical
Industries, Ltd. 62,000 420,964
Dainippon Ink and
Chemicals, Inc. 120,000 474,401
Dow Chemical Co. 73,566 3,373,737

2

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| E.I. du Pont de Nemours
and Co. | 19,328 | $ |
| --- | --- | --- |
| Eastman Chemical Co. | 11,375 | 720,379 |
| Ecolab, Inc. | 16,822 | 723,346 |
| Mitsubishi Chemical
Holdings Corp. | 35,000 | 296,848 |
| Mitsubishi Gas Chem Co. | 43,000 | 409,982 |
| Nippon Kayaku Co., Ltd. | 180,672 | 1,486,710 |
| Nissan Chemical
Industries, Ltd. | 87,000 | 1,115,751 |
| Nitto Denko Corp. | 2,700 | 126,299 |
| Rohm & Haas Co. | 12,829 | 663,516 |
| Shin-Etsu Chemical Co.,
Ltd. | 71,400 | 4,335,573 |
| Sumitomo Bakelite Co.,
Ltd. | 39,000 | 280,628 |
| Taiyo Nippon Sanso Corp. | 72,000 | 647,516 |
| Teijin, Ltd. | 179,000 | 1,004,056 |
| Tokuyama Soda Co. Ltd. | 21,000 | 365,046 |
| Zeon Corp. | 24,000 | 246,041 |
| | | $ 33,799,797 |
| Commercial
Banks — 9.0% | | |
| ABN AMRO Holdings NV | 422,512 | $ 18,141,288 |
| Banco Popular Espanol SA | 81,170 | 1,673,246 |
| Banco Santander Central Hispano SA | 1,149,698 | 20,452,331 |
| Bank of Fukuoka, Ltd. | 32,000 | 254,857 |
| Bank of Yokohama, Ltd. | 113,000 | 838,345 |
| Barclays PLC | 1,274,463 | 18,011,865 |
| Bayerische Hypo und
Vereinsb Foreign | 22,398 | 1,185,894 |
| BNP Paribas SA | 158,748 | 16,545,866 |
| Comerica, Inc. | 8,894 | 525,813 |
| Commerzbank AG | 48,772 | 2,146,926 |
| DNB NOR ASA | 105,036 | 1,469,691 |
| First Horizon National
Corp. | 14,106 | 585,822 |
| HSBC Holdings PLC | 1,782,708 | 31,114,369 |
| Huntington
Bancshares, Inc. | 22,759 | 497,284 |
| Intesa Sanpaolo | 1,213,354 | 9,189,572 |
| Joyo Bank, Ltd. | 37,000 | 229,785 |
| KeyCorp | 16,538 | 619,679 |
| Lloyds TSB Group PLC | 910,946 | 10,028,189 |
| Marshall &
Ilsley Corp. | 36,714 | 1,700,225 |
| Mizuho Financial
Group, Inc. | 81 | 519,282 |
| Mizuho Trust &
Banking Co., Ltd. | 155,000 | 341,248 |
| National City Corp. | 168,516 | 6,277,221 |
| Placer Sierra Bancshares | 7,177 | 194,210 |
| Regions Financial Corp. | 16,786 | 593,721 |
| Royal Bank of Scotland
Group PLC | 471,202 | 18,385,919 |
| Societe Generale | 99,169 | 17,086,914 |
| Sterling Bancorp | 25,916 | 469,080 |
| Sumitomo Mitsui
Financial Group, Inc. | 105 | 948,725 |
| Sumitomo Trust and
Banking Co., Ltd. | 185,955 | 1,925,411 |

3

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Synovus Financial Corp. 19,321 $
Wells Fargo &
Co. 104,600 3,601,378
$ 186,178,997
Commercial
Services & Supplies — 1.1%
Adecco SA 28,437 $ 1,799,851
Avery Dennison Corp. 10,114 649,926
Cintas Corp. 136,477 4,926,820
Dai Nippon Printing Co.,
Ltd. 98,000 1,535,038
Donnelley
(R.R) & Sons Co. 73,912 2,704,440
Equifax, Inc. 15,217 554,660
Experian Group, Ltd. (1) 49,527 570,548
Half (Robert)
International, Inc. 15,815 585,313
PARK24 Co., Ltd. 21,200 283,813
Pitney Bowes, Inc. 36,173 1,641,892
Resources
Connection, Inc. (1) 44,239 1,415,206
SECOM Co., Ltd. (1) 71,000 3,274,069
Serco Group PLC 144,136 1,299,467
Suez SA STRIP VVPR (1) 53,996 719
Waste
Management, Inc. 18,690 643,123
$ 21,884,885
Communications
Equipment — 4.2%
Cisco Systems, Inc.
(1) 999,233 $ 25,510,419
Corning, Inc. (1) 179,244 4,076,009
Harris Corp. 47,813 2,436,072
Motorola, Inc. 131,993 2,332,316
Nokia Oyi ADR 590,865 13,566,869
QUALCOMM, Inc. 729,121 31,104,302
Telefonaktiebolaget LM
Ericsson 2,407,117 8,881,508
$ 87,907,495
Computer
Peripherals — 4.2%
Apple
Computer, Inc. (1) 410,532 $ 38,142,528
Brocade Communications
Systems, Inc. (1) 76,415 727,471
Dell, Inc. (1) 368,613 8,555,508
Diebold, Inc. 18,729 893,561
EMC Corp. (1) 279,905 3,876,684
Fujitsu, Ltd. 203,121 1,345,003
Hewlett-Packard Co. 247,871 9,949,542
International Business
Machines Corp. 137,282 12,940,201
NEC Corp. 50,000 266,713
Palm, Inc. (1) 69,717 1,263,969
SanDisk Corp. (1) 93,871 4,111,550
Seagate Technology 129,847 3,025,435
Toshiba Corp. 187,431 1,245,552
$ 86,343,717

4

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| Construction &
Engineering — 0.2% — Chiyoda Corp. | 67,000 | $ 1,460,518 |
| --- | --- | --- |
| Fluor Corp. | 8,474 | 760,287 |
| JGC Corp. | 64,000 | 1,044,884 |
| Kajima Corp. | 151,000 | 766,252 |
| Nishimatsu Construction
Co., Ltd. | 97,000 | 312,574 |
| | | $ 4,344,515 |
| Construction
Materials — 0.1% | | |
| Holcim, Ltd. | 118 | $ 11,818 |
| Sumitomo Osaka Cement
Co., Ltd. | 330,591 | 988,019 |
| Vulcan Materials Co. | 7,353 | 856,477 |
| | | $ 1,856,314 |
| Consumer
Finance — 0.3% | | |
| Capital One Financial
Corp. | 58,324 | $ 4,401,129 |
| Credit Saison Co., Ltd. | 41,400 | 1,354,641 |
| Orix Corp. | 1,460 | 378,064 |
| Mitsubishi UFJ NICOS
Co., Ltd. | 73,000 | 249,423 |
| | | $ 6,383,257 |
| Containers &
Packaging — 0.2% | | |
| Bemis Co., Inc. | 21,337 | $ 712,442 |
| Temple-Inland, Inc. | 28,051 | 1,675,767 |
| Toyo Seikan Kaisha, Ltd. | 71,300 | 1,429,478 |
| | | $ 3,817,687 |
| Distributors
— 0.0% | | |
| Genuine Parts Co. | 12,278 | $ 601,622 |
| | | $ 601,622 |
| Diversified
Consumer Services — 0.1% | | |
| H&R Block, Inc. | 129,392 | $ 2,722,408 |
| | | $ 2,722,408 |
| Diversified
Financial Services — 3.5% | | |
| Bank of America Corp. | 301,765 | $ 15,396,050 |
| Chicago Mercantile
Exchange Holdings, Inc. | 7,160 | 3,812,414 |
| CITGroup, Inc. | 27,153 | 1,436,937 |
| Citigroup, Inc. | 379,082 | 19,462,070 |
| Fortis | 212,310 | 9,675,242 |
| ING Groep NV | 317,107 | 13,368,644 |
| JPMorgan
Chase & Co. | 99,789 | 4,827,792 |
| Moody’s Corp. | 59,015 | 3,662,471 |
| | | $ 71,641,620 |
| Diversified
Telecommunication Services — 2.7% | | |
| AT&T Corp. | 179,440 | $ 7,075,319 |
| Citizens Communications
Co. | 462,437 | 6,913,433 |

5

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Deutsche Telekom AG 245,114 $
Embarq Corp. 13,779 776,447
France Telecom SA 142,623 3,766,056
Telecom Italia SPA 1,284,354 3,166,183
Telefonica SA 936,051 20,655,701
Verizon
Communications, Inc. 246,478 9,346,446
$ 55,744,278
Electric
Utilities — 1.7%
Duke Energy Corp. 208,933 $ 4,239,251
E. ON AG 54,239 7,357,792
Enel SPA 1,205,625 12,866,167
Fortum Oyj 49,786 1,444,836
Kyushu Electric Power
Co., Inc. 13,400 380,123
PPL Corp. 44,342 1,813,588
Scottish and Southern
Energy PLC 78,146 2,370,098
Scottish Power PLC 126,774 1,995,625
Tokyo Electric Power
Co., Inc. 50,801 1,730,691
Union Fenosa SA 20,612 1,111,128
$ 35,309,299
Electrical
Equipment — 1.0%
ABB Ltd. 411,129 $ 7,041,362
Cooper Industries, Ltd.,
Class A 82,374 3,706,006
Emerson Electric Co. 193,032 8,317,749
Fuji Electric Holdings
Co., Ltd. 217,000 1,001,300
Fujikura, Ltd. 105,000 735,772
Hitachi Cable, Ltd. 52,000 294,316
Ushio, Inc. 13,500 259,341
$ 21,355,846
Electronic
Equipment & Instruments — 0.9%
Agilent
Technologies, Inc. (1) 73,937 $ 2,490,938
Anritsu Corp. 33,000 156,549
Dainippon Screen Mfg.
Co. Ltd. Foreign 52,000 391,233
Hoya Corp. 11,700 385,770
Kyocera Corp. 73,234 6,866,534
Mabuchi Motor Co., Ltd. 7,700 475,181
Murata Manufacturing
Co., Ltd. 6,400 463,886
Omron Corp. 11,800 316,012
Taiyo Yuden Co., Ltd. 24,000 496,763
TDK Corp. 66,700 5,763,408
$ 17,806,274

6

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| Energy
Equipment & Services — 0.6% — Halliburton Co. | 182,089 | $ 5,779,505 |
| --- | --- | --- |
| Schlumberger, Ltd. | 30,905 | 2,135,536 |
| Transocean, Inc.
(1) | 56,851 | 4,644,727 |
| | | $ 12,559,768 |
| Food &
Staples Retailing — 1.9% | | |
| Alliance Boots PLC | 69,504 | $ 1,400,447 |
| Circle K Sunkus Co.,
Ltd. | 16,500 | 307,099 |
| CVS Corp. | 273,973 | 9,353,438 |
| Familymart Co., Ltd. | 10,600 | 293,670 |
| Koninklijke Ahold NV (1) | 153,410 | 1,794,949 |
| Lawson, Inc. | 10,800 | 413,866 |
| Matsumotokiyoshi Co.,
Ltd. | 10,300 | 235,209 |
| Metro AG | 28,658 | 2,023,063 |
| Safeway, Inc. | 23,779 | 871,263 |
| Seven and I Holdings
Co., Ltd. | 92,560 | 2,800,458 |
| SUPERVALU, Inc. | 17,345 | 677,669 |
| Sysco Corp. | 100,301 | 3,393,183 |
| UNY Co., Ltd. | 21,000 | 286,973 |
| Walgreen Co. | 92,732 | 4,255,472 |
| Wal-Mart
Stores, Inc. | 249,063 | 11,693,508 |
| | | $ 39,800,267 |
| Food
Products — 2.2% | | |
| Campbell Soup Co. | 17,968 | $ 699,854 |
| ConAgra Foods, Inc. | 77,043 | 1,919,141 |
| H.J. Heinz Co. | 14,987 | 706,187 |
| Hershey Co. | 9,378 | 512,601 |
| Kellogg Co. | 11,886 | 611,297 |
| Meiji Seika Kaisha, Ltd. | 260,851 | 1,204,616 |
| Morinaga & Co.,
Ltd. | 483,079 | 1,131,587 |
| Nestle SA | 64,298 | 24,939,597 |
| Nissin Food Products
Co., Ltd. | 11,700 | 427,605 |
| Sara Lee Corp. | 32,588 | 551,389 |
| Tate & Lyle PLC | 78,459 | 887,040 |
| Toyo Suisan Kaisha, Ltd. | 15,000 | 293,807 |
| Unilever NV | 402,049 | 11,701,033 |
| | | $ 45,585,754 |
| Gas
Utilities — 0.2% | | |
| Gas Natural SDG SA | 45,614 | $ 2,139,423 |
| Nicor, Inc. | 12,565 | 608,397 |
| Snam Rete Gas S.p.A | 260,064 | 1,650,305 |
| | | $ 4,398,125 |

7

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| Health
Care Equipment & Supplies — 1.0% — C.R. Bard, Inc. | 7,942 | $ 631,468 |
| --- | --- | --- |
| Gen-Probe, Inc. (1) | 23,579 | 1,110,099 |
| Hospira, Inc. (1) | 13,029 | 532,886 |
| Immucor, Inc. (1) | 58,135 | 1,710,913 |
| Intuitive
Surgical, Inc. (1) | 37,629 | 4,574,558 |
| Medtronic, Inc. | 134,465 | 6,596,853 |
| Olympus Corp. | 67,000 | 2,280,771 |
| St. Jude Medical, Inc.
(1) | 13,530 | 508,863 |
| Terumo Corp. | 55,000 | 2,131,149 |
| | | $ 20,077,560 |
| Health
Care Providers & Services — 0.8% | | |
| Coventry Health
Care, Inc. (1) | 23,552 | $ 1,320,090 |
| Genesis HealthCare Corp.
(1) | 11,462 | 723,367 |
| Humana, Inc. (1) | 35,364 | 2,051,819 |
| Manor Care, Inc. | 22,330 | 1,213,859 |
| McKesson Corp. | 125,474 | 7,345,248 |
| Quest
Diagnostics, Inc. | 19,560 | 975,457 |
| Unitedhealth Group | 42,000 | 2,224,740 |
| | | $ 15,854,580 |
| Health
Care Technology — 0.0% | | |
| IMS Health, Inc. | 20,213 | $ 599,518 |
| | | $ 599,518 |
| Hotels,
Restaurants & Leisure — 1.5% | | |
| Accor SA | 26,214 | $ 2,499,454 |
| Carnival Corp. | 126,018 | 5,905,204 |
| Harrah’s
Entertainment, Inc. | 90,811 | 7,668,989 |
| Starbucks Corp. (1) | 230,561 | 7,230,393 |
| Starwood
Hotels & Resorts Worldwide, Inc. | 54,114 | 3,509,293 |
| Yum! Brands, Inc. | 78,857 | 4,554,780 |
| | | $ 31,368,113 |
| Household
Durables — 1.0% | | |
| D.R. Horton, Inc. | 65,363 | $ 1,437,986 |
| Daito Trust Construction
Co., Ltd. | 9,200 | 430,179 |
| Fortune
Brands, Inc. | 36,182 | 2,851,865 |
| Garmin, Ltd. | 53,606 | 2,902,765 |
| Makita Corp. | 13,500 | 499,054 |
| Pioneer Corp. | 89,500 | 1,164,246 |
| Sekisui House, Ltd. | 159,639 | 2,473,705 |
| Sharp Corp. | 86,000 | 1,650,463 |
| Snap-On, Inc. | 15,120 | 727,272 |
| Sony Corp. | 68,300 | 3,444,974 |

8

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Stanley Works 48,688 $
Thomson 61,843 1,187,212
$ 21,465,089
Household
Products — 0.8%
Kao Corp. 114,654 $ 3,345,435
Procter &
Gamble Co. 196,035 12,381,571
$ 15,727,006
Independent
Power Producers & Energy Traders — 0.4%
TXU Corp. 125,893 $ 8,069,741
$ 8,069,741
Industrial
Conglomerates — 2.6%
3M Co. 81,121 $ 6,200,078
General Electric Co. 673,171 23,803,327
Hankyu Hanshin
Holdings, Inc. 71,000 428,153
Siemens AG 171,864 18,341,871
Tyco International, Ltd. 150,105 4,735,813
$ 53,509,242
Insurance
— 4.6%
ACE, Ltd. 78,172 $ 4,460,494
AFLAC, Inc. 68,355 3,216,786
Alleanza Asicurazioni
SPA 121,297 1,546,233
Allstate Corp. 87,349 5,246,181
American International
Group, Inc. 169,786 11,413,015
AON Corp. 190,061 7,214,716
AXA SA 428,404 18,154,996
Cincinnati Financial
Corp. 12,917 547,681
CNP Assurances 9,407 1,096,969
Corporacion Mapfre S.A. 246,590 1,265,014
Fondiaria - Sai S.p.A 22,751 1,042,971
Lincoln National Corp. 19,628 1,330,582
Marsh &
McLennan Cos., Inc. 83,242 2,438,158
Muenchener
Rueckversicherungs-Gesellschaft AG 64,144 10,824,202
Prudential
Financial, Inc. 32,559 2,938,775
Prudential PLC 723,059 10,183,460
Resolution PLC 96,239 1,170,340
Sompo Japan
Insurance, Inc. 91,000 1,127,883
Storebrand ASA 141,807 2,248,800
T & D
Holdings, Inc. 17,500 1,199,503
Trygvesta AS 22,648 1,863,754
Willis Group Holdings,
Ltd. 9,036 357,645
XL Capital, Ltd.,
Class A 59,414 4,156,603
$ 95,044,761

9

SEQ.=1,FOLIO='9',FILE='C:\Fc\137205753658_P66532CHE_2131655\13499-1-bg-01.htm',USER='jmsproofassembler',CD='May 17 20:59 2007'

| Internet &
Catalog Retail — 0.5% — IAC/InterActiveCorp (1) | 273,397 | $ 10,309,801 |
| --- | --- | --- |
| | | $ 10,309,801 |
| Internet
Software & Services — 2.9% | | |
| Akamai
Technologies, Inc. (1) | 81,879 | $ 4,087,400 |
| eAccess, Ltd. | 454 | 300,934 |
| eBay, Inc. (1) | 417,326 | 13,834,357 |
| Google, Inc.,
Class A (1) | 60,763 | 27,839,176 |
| VeriSign, Inc. (1) | 146,768 | 3,686,812 |
| Yahoo!, Inc. (1) | 335,429 | 10,495,573 |
| | | $ 60,244,252 |
| IT
Services — 0.6% | | |
| CSK Holdings Corp. | 55,800 | $ 2,327,951 |
| Electronic Data Systems
Corp. | 26,776 | 741,160 |
| Infosys Technologies,
Ltd. ADR | 12,000 | 603,000 |
| Itochu Techno-Science
Corp. | 5,400 | 257,491 |
| MoneyGram
International, Inc. | 25,276 | 701,662 |
| Nomura Research
Institute, Ltd. | 14,000 | 410,619 |
| NTT Data Corp. | 717 | 3,623,210 |
| Obic Co., Ltd. | 1,570 | 308,936 |
| Satyam Computer
Services, Ltd. ADR | 171,090 | 3,883,743 |
| | | $ 12,857,772 |
| Leisure
Equipment & Products — 0.3% | | |
| Eastman Kodak Co. | 20,370 | $ 459,547 |
| Fuji Photo Film Co.,
Ltd. | 46,800 | 1,910,447 |
| Hasbro, Inc. | 26,234 | 750,817 |
| Mattel, Inc. | 31,709 | 874,217 |
| Namco Bandai
Holdings, Inc. | 22,900 | 355,385 |
| Nikon Corp. | 97,000 | 2,031,803 |
| Sankyo Co., Ltd. | 4,500 | 196,878 |
| Sega Sammy
Holdings, Inc. | 10,700 | 248,903 |
| | | $ 6,827,997 |
| Life
Sciences Tools & Services — 0.1% | | |
| PerkinElmer, Inc. | 27,425 | $ 664,234 |
| Thermo Fisher
Scientific, Inc. (1) | 25,584 | 1,196,052 |
| | | $ 1,860,286 |
| Machinery
— 1.5% | | |
| Amada Co., Ltd. | 38,000 | $ 432,128 |
| Amano Corp. | 26,000 | 316,008 |
| Danaher Corp. | 1,373 | 98,101 |
| Deere & Co. | 62,864 | 6,829,545 |
| Dover Corp. | 13,219 | 645,219 |
| Eaton Corp. | 46,216 | 3,861,809 |
| Ebara Corp. | 330,410 | 1,555,061 |

10

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Fanuc, Ltd. 70,627 $
Illinois Tool Works, Inc. 13,282 685,351
Japan Steel Works, Ltd. 135,000 1,613,907
Kawasaki Heavy Industries, Ltd. 209,000 879,872
Komatsu, Ltd. 93,000 1,943,831
Kurita Water Industries, Ltd. 14,700 353,328
Minebea Co., Ltd. 221,227 1,361,499
NSK, Ltd. 151,000 1,432,780
Pall Corp. 19,443 738,834
Parker Hannifin Corp. 8,874 765,915
Vallourec SA 4,292 1,099,065
$ 31,143,214
Marine — 0.1%
Nippon Yusen KK 175,000 $ 1,397,497
$ 1,397,497
Media — 2.5%
CBS Corp., Class B 87,263 $ 2,669,375
Comcast Corp., Class A (1) 624,426 16,203,855
Dow Jones & Co., Inc. 55,771 1,922,426
Fuji Television Network, Inc. 216 498,385
Idearc, Inc. 12,323 432,537
McGraw-Hill Cos., Inc. 67,277 4,230,378
Mediaset SPA 10,101 109,934
Meredith Corp. 10,553 605,637
Omnicom Group, Inc. 41,321 4,230,444
TiVo, Inc. (1) 242,835 1,542,002
Tribune Co. 62,000 1,990,820
Viacom, Inc., Class B (1) 74,912 3,079,632
Virgin Media, Inc. 135,057 3,410,189
Walt Disney Co. 214,837 7,396,838
Wolters Kluwer NV 38,299 1,144,944
XM Satellite Radio Holdings, Inc., Class A
(1) 163,559 2,113,182
$ 51,580,578
Metals & Mining — 2.2%
Alcan, Inc. ADR 41,646 $ 2,173,921
Alcoa, Inc. 49,548 1,679,677
Anglo American PLC 170,022 8,948,760
Boliden AB 68,066 1,496,261
Companhia Vale do Rio Doce ADR 108,078 3,997,805
Dowa Mining Co., Ltd. 143,791 1,452,107
Freeport-McMoRan Copper & Gold, Inc.,
Class B 48,646 3,219,879
Mitsui Mining & Smelting Co., Ltd. 45,000 245,631
Mittal Steel Co. NV 165,865 8,853,250
Nucor Corp. 10,537 686,275
Rio Tinto PLC 164,961 9,388,810

11

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Sumitomo Metal Industries, Ltd. 296,613 $
Sumitomo Metal Mining Co., Ltd. 98,000 1,880,586
Sumitomo Titanium Corp. 2,900 319,911
Toho Titanium 7,200 349,999
Toho Zinc Co., Ltd. 44,000 395,886
$ 46,616,215
Multiline Retail — 1.4%
Dollar General Corp. 151,116 $ 3,196,103
Federated Department Stores, Inc. 151,948 6,845,257
Hankyu Department Stores 42,000 388,015
Karstadtquelle AG (1) 39,659 1,453,265
Marks & Spencer
Group PLC 115,676 1,535,546
Nordstrom, Inc. 42,995 2,276,155
PPR SA 12,595 2,014,950
Ryohin Keikaku Co., Ltd. 3,600 226,200
Sears Holdings Corp. (1) 59,333 10,689,433
The Daimaru, Inc. 20,000 258,241
$ 28,883,165
Multi-Utilities
— 1.1%
Ameren Corp. 72,149 $ 3,629,095
Centrica PLC 281,371 2,139,562
KeySpan Corp. 14,259 586,758
NiSource, Inc. 161,910 3,957,080
PG&E Corp. 9,132 440,802
Public Service
Enterprise Group, Inc. 56,822 4,718,499
Suez SA (1) 52,258 2,757,717
TECO Energy, Inc. 30,971 533,011
United Utilities PLC 115,769 1,719,213
Veolia Environnement 31,200 2,314,115
$ 22,795,852
Office
Electronics — 0.3%
Canon, Inc. 96,300 $ 5,160,465
Xerox Corp. (1) 38,686 653,407
$ 5,813,872
Oil,
Gas & Consumable Fuels — 7.7%
BP PLC 2,808,438 $ 30,255,339
Chevron Corp. 86,537 6,400,277
ConocoPhillips 144,488 9,875,755
El Paso Corp. 56,715 820,666
ENI SPA 407,272 13,206,790
Exxon Mobil Corp. 367,880 27,756,546
Frontline, Ltd. 1,075 37,365
Murphy Oil Corp. 10,642 568,283
Nippon Mining
Holdings, Inc. 33,000 282,274

12

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| Parallel Petroleum Corp.
(1) | 128,392 | $ |
| --- | --- | --- |
| Royal Dutch Shell PLC,
Class A | 527,896 | 17,499,543 |
| Royal Dutch Shell PLC,
Class B | 383,980 | 12,732,507 |
| Ship Finance
International, Ltd. | 115 | 3,151 |
| Showa Shell Sekiyu KK | 119,900 | 1,461,591 |
| TonenGeneral Sekiyu KK | 42,000 | 467,072 |
| Total SA | 376,630 | 26,219,132 |
| Williams Cos., Inc. | 283,854 | 8,078,485 |
| | | $ 158,611,372 |
| Paper
and Forest Products — 0.2% | | |
| International Paper Co. | 50,046 | $ 1,821,674 |
| Nippon Paper
Group, Inc. | 190 | 672,884 |
| OJI Paper Co., Ltd. | 164,000 | 866,359 |
| | | $ 3,360,917 |
| Personal
Products — 0.2% | | |
| Alberto-Culver Co. | 11,849 | $ 271,105 |
| Beiersdorf AG | 28,716 | 1,959,833 |
| Herbalife, Ltd. (1) | 21,454 | 840,782 |
| Oriflame Cosmetics SA | 32,734 | 1,262,094 |
| | | $ 4,333,814 |
| Pharmaceuticals
— 6.8% | | |
| Abbott Laboratories | 212,635 | $ 11,865,033 |
| Allergan, Inc. | 20,957 | 2,322,455 |
| Astellas
Pharma, Inc. | 67,800 | 2,908,402 |
| AstraZeneca PLC | 200,545 | 10,775,492 |
| Bristol-Myers Squibb Co. | 330,336 | 9,170,127 |
| Chugai Pharmaceuticals
Co., Ltd. | 70,000 | 1,763,409 |
| Cypress
Bioscience, Inc. (1) | 25,169 | 191,284 |
| Daiichi Sankyo Co., Ltd. | 66,600 | 2,034,234 |
| Eisai Co., Ltd. | 84,346 | 4,034,086 |
| Eli Lilly & Co. | 28,000 | 1,503,880 |
| GlaxoSmithKline PLC | 920,920 | 25,336,396 |
| Johnson &
Johnson Co. | 144,723 | 8,721,008 |
| Novartis AG-REG | 171,958 | 9,562,163 |
| Pfizer, Inc. | 607,609 | 15,348,203 |
| Roche Holding AG | 95,218 | 16,835,891 |
| Sanofi-Synthelabo SA | 139,738 | 12,116,418 |
| Santen Pharmaceutical
Co., Ltd. | 18,900 | 484,513 |
| Takeda Pharmaceutical
Co., Ltd. | 80,331 | 5,249,535 |
| Tanabe Seiyaku Co., Ltd. | 28,000 | 380,739 |
| Valeant Pharmaceuticals
International | 50,787 | 878,107 |
| | | $ 141,481,375 |

13

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Real Estate Investment Trusts (REITs) — 0.3% — Host Hotels & Resorts, Inc. 33,128 $ 871,598
Japan Real Estate Investment Corp. 50 661,269
Japan Retail Fund Investment Corp. 50 491,587
Nippon Building Fund, Inc. 56 925,180
Simon Property Group, Inc. 35,779 3,980,414
$ 6,930,048
Real
Estate Management & Development — 0.3%
Heiwa Real Estate Co.,
Ltd. 104,000 $ 696,624
LEOPALACE21 Corp. 8,200 270,210
Mitsubishi Estate Co.,
Ltd. 91,000 2,970,143
NTT Urban Development
Corp. 170 395,770
Realogy Corp. (1) 31,509 932,982
Tokyo Tatemono Co., Ltd. 19,000 284,847
Tokyu Land Corp. 89,000 1,009,228
$ 6,559,804
Road &
Rail — 0.3%
Avis Budget
Group, Inc. (1) 2,043 $ 55,815
CSX Corp. 48,354 1,936,578
East Japan Railway Co. 50 388,121
Kinetsu Corp. 91,000 285,553
Norfolk Southern Corp. 41,055 2,077,383
Tobu Railway Co., Ltd. 154,000 737,100
$ 5,480,550
Semiconductors &
Semiconductor Equipment — 3.9%
Advantest Corp. 128,800 $ 5,694,860
Analog
Devices, Inc. 33,409 1,152,276
Applied
Materials, Inc. 498,564 9,133,692
Atheros
Communications, Inc. (1) 66,024 1,579,954
Elpida Memory, Inc.
(1) 9,200 354,916
Intel Corp. 991,292 18,963,416
Intersil Corp.,
Class A 40,863 1,082,461
KLA-Tencor Corp. 154,838 8,255,962
LSI Logic Corp. (1) 56,168 586,394
Marvell Technology
Group, Ltd. (1) 247,820 4,165,854
Maxim Integrated
Products, Inc. 301,951 8,877,359
MEMC Electronic
Materials, Inc. (1) 74,411 4,507,818
Microchip
Technology, Inc. 56,000 1,989,680
Micron
Technology, Inc. (1) 80,894 977,200
OC Oerlikon Corp. AG (1) 4,069 2,470,724
ROHM Co., Ltd. 2,400 216,726
Silicon Image, Inc.
(1) 108,396 884,511
STMicroelectronics NV 100,381 1,927,315
Teradyne, Inc. (1) 63,431 1,049,149

14

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| Tessera
Technologies, Inc. (1) | 26,615 | $ |
| --- | --- | --- |
| Tokyo Electron, Ltd. | 67,300 | 4,678,301 |
| Veeco Instruments, Inc.
(1) | 23,763 | 463,379 |
| | | $ 80,069,627 |
| Software
— 4.5% | | |
| Autodesk, Inc. (1) | 101,343 | $ 3,810,497 |
| CA, Inc. | 43,249 | 1,120,582 |
| Compuware Corp. (1) | 58,560 | 555,734 |
| Electronic
Arts, Inc. (1) | 118,496 | 5,967,459 |
| Konami Corp. | 85,700 | 2,281,542 |
| Microsoft Corp. | 1,734,000 | 48,326,580 |
| NAVTEQ (1) | 64,478 | 2,224,491 |
| Nintendo Co., Ltd. | 1,600 | 463,335 |
| Oracle Corp. (1) | 845,520 | 15,329,278 |
| Oracle Corp. | 10,800 | 516,946 |
| Symantec Corp. (1) | 598,288 | 10,350,382 |
| Trend Micro, Inc.
(1) | 62,897 | 1,709,678 |
| | | $ 92,656,504 |
| Specialty
Retail — 1.1% | | |
| Abercrombie &
Fitch Co., Class A | 30,198 | $ 2,285,385 |
| Aoyama Trading Co., Ltd. | 9,600 | 303,388 |
| Bed Bath and
Beyond, Inc. (1) | 167,745 | 6,738,317 |
| Best Buy Co., Inc. | 74,789 | 3,643,720 |
| Big 5 Sporting Goods
Corp. | 19,174 | 496,990 |
| Fast Retailing Co., Ltd. | 65,600 | 5,064,709 |
| Inditex SA | 39,946 | 2,486,202 |
| Office Depot, Inc.
(1) | 17,560 | 617,058 |
| Shimamura Co., Ltd. | 2,400 | 262,558 |
| Tiffany & Co. | 13,839 | 629,398 |
| TJX Companies, Inc. | 25,596 | 690,068 |
| Yamada Denki Co., Ltd. | 4,300 | 398,084 |
| | | $ 23,615,877 |
| Textiles,
Apparel & Luxury Goods — 0.5% | | |
| Asics Corp. | 22,000 | $ 244,933 |
| Coach, Inc. (1) | 37,247 | 1,864,212 |
| Compagnie Financiere
Richemont AG, Class A | 33,833 | 1,889,293 |
| Hanesbrands, Inc.
(1) | 4,073 | 119,705 |
| Nike, Inc.,
Class B | 33,075 | 3,514,550 |
| Onward Kashiyama
Company, Ltd. | 24,000 | 332,237 |
| Swatch Group AG,
Class B | 6,168 | 1,626,517 |
| Toyobo Co., Ltd. | 298,000 | 883,220 |
| Unitika, Ltd. | 158,000 | 218,616 |
| | | $ 10,693,283 |

15

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| Thrifts &
Mortgage Finance — 0.3% — Countrywide Financial
Corp. | 19,114 | $ 642,995 |
| --- | --- | --- |
| Fannie Mae | 68,964 | 3,764,055 |
| PFF Bancorp, Inc. | 52,597 | 1,595,267 |
| Washington
Mutual, Inc. | 21,787 | 879,759 |
| | | $ 6,882,076 |
| Tobacco
— 1.2% | | |
| Altadis SA | 29,497 | $ 1,885,188 |
| Altria Group, Inc. | 127,887 | 11,229,757 |
| Gallaher Group PLC | 87,651 | 1,947,165 |
| Imperial Tobacco Group
PLC | 46,553 | 2,081,054 |
| Reynolds American, Inc. | 73,886 | 4,611,225 |
| Swedish Match AB | 64,387 | 1,144,694 |
| UST, Inc. | 28,896 | 1,675,390 |
| | | $ 24,574,473 |
| Trading
Companies & Distributors — 0.3% | | |
| ITOCHU Corp. | 70,000 | $ 689,954 |
| Marubeni Corp. | 49,000 | 296,210 |
| Mitsui and Co., Ltd. | 163,962 | 3,079,590 |
| Toyota Tsusho Corp. | 59,791 | 1,518,094 |
| | | $ 5,583,848 |
| Transportation
Infrastructure — 0.1% | | |
| Societe des Autoroutes
Paris-Rhin-Rhone | 19,885 | $ 1,807,152 |
| | | $ 1,807,152 |
| Water
Utilities — 0.1% | | |
| Kelda Group PLC | 87,371 | $ 1,610,796 |
| Severn Trent PLC | 34,758 | 977,770 |
| | | $ 2,588,566 |
| Wireless
Telecommunication Services — 2.1% | | |
| Alltel Corp. | 97,000 | $ 6,014,000 |
| Bouygues SA | 28,071 | 2,166,854 |
| KDDI Corp. | 630 | 5,001,719 |
| NII Holdings, Inc.
(1) | 100,807 | 7,477,863 |
| NTT DoCoMo, Inc. | 148 | 272,105 |
| Softbank Corp. (1) | 165,598 | 4,232,944 |
| Vodafone Group PLC | 7,254,451 | 19,333,340 |
| | | $ 44,498,825 |
| Total Common Stocks (identified cost $1,817,087,315) | | $ 2,102,719,860 |

16

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Preferred Stocks — 0.1%

Security Shares Value
Automobiles
— 0.1%
Volkswagen AG 5,292 $ 540,888
$ 540,888
Total Preferred Stocks (identified cost $242,206) $ 540,888
Total Investments — 101.6% (identified cost $1,817,329,521) $ 2,103,260,748

17

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Covered Call Options Written — (2.3)%

Type of Contract Number of — Contracts Premium — Received Value
Eurotop 100
Index, Expires 4/17/07, Strike 301 23,426 $ 9,448,877 $ (27,584,583 )
Nasdaq 100 Index,
Expires 4/21/07, Strike 1,775 457 1,013,854 (1,284,170 )
Nasdaq 100 Index,
Expires 4/21/07, Strike 1,785 708 1,850,626 (1,649,640 )
Nasdaq 100 Index,
Expires 4/21/07, Strike 1,800 1,441 2,419,688 (2,247,960 )
Nikkei Index,
Expires 4/13/07, Strike 17,100 1,477,336 3,294,755 (4,392,268 )
S&P 500
Index, Expires 4/21/07, Strike 1,400 1,613 2,732,390 (5,484,200 )
S&P 500
Index, Expires 4/21/07, Strike 1,415 286 513,942 (637,780 )
S&P 500
Index, Expires 4/21/07, Strike 1,420 2,461 3,477,056 (4,626,680 )
S&P 500
Index, Expires 4/21/07, Strike 1,435 538 967,378 (618,700 )
Total Covered Call Options Written (premiums received $25,718,566) $ (48,525,981 )
Other Assets, Less Liabilities — 0.7% $ 15,902,765
Net
Assets — 100.0% $ 2,070,637,532
ADR American Depository Receipt
(1) Non-income producing security.

Country Concentration of Portfolio

Country Percentage — of Net Total Investments Value
United States 52.6 % $ 1,106,433,211
United Kingdom 10.7 % 226,043,990
Japan 10.3 % 217,582,752
France 5.4 % 112,617,856
Germany 4.5 % 95,459,337
Switzerland 4.2 % 88,351,536
Netherlands 3.6 % 76,004,383
Spain 2.5 % 51,668,234
Italy 2.0 % 42,778,156
Cayman Islands 0.9 % 19,190,024
Finland 0.7 % 15,011,705
Bermuda 0.6 % 13,005,835
Sweden 0.5 % 11,522,463
Belgium 0.5 % 9,675,242
Other countries, less
than 0.4% each 1.0 % 17,916,024
100.0 % $ 2,103,260,748

18

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The cost and unrealized appreciation (depreciation) in value of the investments owned at March 31, 2007, as computed on a federal income tax basis, were as follows:

Aggregate cost $
Gross unrealized appreciation $ 337,317,794
Gross unrealized
depreciation (51,934,089 )
Net unrealized appreciation $ 285,383,705

The net unrealized depreciation on foreign currency at March 31, 2007 was $2,859,448.

A summary of financial instruments at March 31, 2007 is as follows:

Forward Foreign Currency Exchange Contracts

Purchases

Settlement — Date(s) In Exchange For Deliver Net Unrealized — Appreciation
4/19/07 Euro United
States Dollar
150,000,000 198,841,850 $ 958,642
5/17/07 Euro United
States Dollar
140,000,000 185,862,250 826,258
$ 1,784,900

Sales

Settlement Net Unrealized — Appreciation
Date(s) Deliver In Exchange For (Depreciation)
4/02/07 Japanese
Yen United
States Dollar
9,980,109 84,299 $ (347 )
4/19/07 Euro United
States Dollar
150,000,000 199,900,500 100,008
5/17/07 Euro United
States Dollar
140,000,000 181,887,800 (4,800,708 )
$ (4,701,047 )

Written call option activity for the three months ended March 31, 2007 was as follows:

| Outstanding, beginning of
period | Number of Contracts — 1,542,382 | | Premiums Received — $ 25,179,301 | |
| --- | --- | --- | --- | --- |
| Options written | 4,544,673 | | 76,597,116 | |
| Options closed | (4,555,639 | ) | (68,919,549 | ) |
| Options expired | (23,150 | ) | (7,138,302 | ) |
| Outstanding, end of period | 1,508,266 | | $ 25,718,566 | |

All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent.

At March 31, 2007, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

19

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Item 2. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) During the second fiscal quarter of the period covered by this report, the registrant’s internal control over financial reporting was modified to enhance the review and analysis of the relevant terms and conditions of transfers of securities in connection with inverse floating rate obligations in light of Statement of Financial Accounting Standards No. 140.

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Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Tax Managed Global Buy-Write Opportunities Fund

By: /s/ Duncan W. Richardson
Duncan W. Richardson
President and Principal Executive Officer
Date: May 18, 2007

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By: /s/ Duncan W. Richardson
Duncan W. Richardson
President and Principal Executive Officer
Date: May 18, 2007
By: /s/ Barbara E. Campbell
Barbara E. Campbell
Treasurer and Principal Financial Officer
Date: May 18, 2007

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