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N-Q 1 b75457a1nvq.htm TAX-MANAGED GLOBAL BUY-WRITE OPPORTUNITIES FUND nvq PAGEBREAK

Table of Contents

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

Form N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

811-21745

Investment Company Act File Number

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Maureen A. Gemma

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number, Including Area Code)

December 31

Date of Fiscal Year End

March 31, 2009

Date of Reporting Period

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Item 2. Controls and Procedures
Signatures
Certifications

/TOC

Table of Contents

link2 "Item 1. Schedule of Investments"

Item 1. Schedule of Investments

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Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of March 31, 2009

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 103.4%

Security Value
Aerospace & Defense — 0.9%
European Aeronautic Defence & Space Co. 47,383 $ 550,583
General Dynamics Corp. 66,702 2,774,136
Honeywell International, Inc. 106,620 2,970,433
L-3 Communications Holdings, Inc. 18,594 1,260,673
Rockwell Collins, Inc. 59,584 1,944,822
Rolls-Royce Group
PLC (1) 179,623 756,641
$ 10,257,288
Air Freight & Logistics — 0.7%
CH Robinson Worldwide, Inc. 81,714 $ 3,726,976
Deutsche Post AG 122,561 1,320,614
Expeditors International of Washington, Inc. 94,273 2,666,983
FedEx Corp. 28,786 1,280,689
$ 8,995,262
Airlines — 0.1%
Air France-KLM 111,870 $ 994,693
Ryanair Holdings PLC
ADR (1) 25,702 593,973
$ 1,588,666
Auto Components — 0.3%
Aisin Seiki Co., Ltd. 15,600 $ 250,326
Cooper Tire & Rubber Co. 30,158 121,838
Denso Corp. 65,300 1,320,062
Johnson Controls, Inc. 114,456 1,373,472
Tokai Rika Co., Ltd. 26,100 262,846
Toyota Boshoku Corp. 28,200 293,950
Toyota Industries Corp. 8,600 185,243
$ 3,807,737
Automobiles — 1.4%
DaimlerChrysler AG 122,491 $ 3,086,203
Honda Motor Co., Ltd. 151,500 3,606,574
Isuzu Motors, Ltd. 311,000 381,979
Mazda Motor Corp. 125,000 211,904
Nissan Motor Co., Ltd. 218,500 789,731
Toyota Motor Corp. 61,907 1,966,405
Volkswagen AG 21,183 6,505,010
Yamaha Motor Co., Ltd. 22,100 198,278
$ 16,746,084

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Security Value
Beverages — 1.4%
Carlsberg A/S, Class B 15,753 $ 646,875
Coca-Cola Co. (The) 90,906 3,995,319
Coca-Cola West Co., Ltd. 26,200 419,170
Constellation Brands, Inc.,
Class A (1) 34,264 407,742
Heineken Holding NV, Class A 51,223 1,241,775
Heineken NV 30,199 857,869
Kirin Holdings Co., Ltd. 43,000 459,372
Pepsi Bottling Group, Inc. 34,449 762,701
PepsiCo, Inc. 123,412 6,353,250
Pernod-Ricard SA 11,630 648,135
Sapporo Holdings, Ltd. 128,000 490,039
$ 16,282,247
Biotechnology — 3.7%
Amgen,
Inc. (1) 227,600 $ 11,270,752
Biogen Idec,
Inc. (1) 134,180 7,033,716
Celgene
Corp. (1) 168,251 7,470,344
CV Therapeutics,
Inc. (1) 35,295 701,665
Gilead Sciences,
Inc. (1) 353,310 16,365,319
Martek Biosciences Corp. 56,488 1,030,906
Regeneron Pharmaceuticals,
Inc. (1) 42,972 595,592
$ 44,468,294
Building Products — 0.2%
Asahi Glass Co., Ltd. 38,776 $ 205,860
Daikin Industries, Ltd. 78,700 2,166,769
Masco Corp. 59,062 412,253
$ 2,784,882
Capital Markets — 1.8%
Bank of New York Mellon Corp. (The) 119,790 $ 3,384,067
Charles Schwab Corp. (The) 115,113 1,784,251
Franklin Resources, Inc. 43,596 2,348,517
Goldman Sachs Group, Inc. 27,535 2,919,261
Investec PLC 400,000 1,674,828
Julius Baer Holding AG 17,844 438,442
Man Group PLC 355,866 1,115,206
Nomura Holdings, Inc. 237,000 1,202,303
Northern Trust Corp. 31,017 1,855,437
Schroders PLC 115,586 1,310,288
Shinko Securities Co., Ltd. 105,000 207,267
UBS AG (1) 447,073 4,191,419
$ 22,431,286

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Security Value
Chemicals — 1.8%
Air Liquide SA 17,779 $ 1,445,760
Air Products and Chemicals, Inc. 32,297 1,816,706
BASF AG 241,118 7,286,881
Daicel Chemical Industries, Ltd. 50,000 180,220
Dow Chemical Co. (The) 92,442 779,286
Eastman Chemical Co. 22,700 608,360
Hitachi Chemical Co., Ltd. 20,200 244,337
Kaneka Corp. 57,000 281,817
Mitsubishi Gas Chemical Co., Inc. 173,000 748,448
Monsanto Co. 38,287 3,181,650
Nitto Denko Corp. 11,900 243,515
Shin-Etsu Chemical Co., Ltd. 47,300 2,323,863
Showa Denko KK 293,000 364,163
Sumitomo Chemical Co., Ltd. 134,000 460,682
Taiyo Nippon Sanso Corp. 72,000 475,220
Toray Industries, Inc. 261,000 1,052,230
Tosoh Corp. 172,000 327,896
$ 21,821,034
Commercial Banks — 4.5%
Banco Santander Central Hispano SA 1,596,786 $ 11,009,495
Bank of Nova Scotia 32,994 809,013
BNP Paribas SA 142,080 5,861,727
Gunma Bank, Ltd. 149,000 810,758
Hachijuni Bank, Ltd. (The) 128,000 746,741
Hiroshima Bank, Ltd. (The) 151,000 578,726
HSBC Holdings PLC 1,875,426 10,441,578
Intesa Sanpaolo SpA 1,720,258 4,731,535
Lloyds Banking Group PLC 1,100,000 1,113,695
Mizuho Financial Group, Inc. 137,000 267,528
Royal Bank of Canada 58,284 1,685,573
Shinsei Bank,
Ltd. (1) 256,000 260,130
Societe Generale 182,224 7,128,029
Sumitomo Mitsui Financial Group, Inc. 9,208 324,226
Toronto-Dominion Bank 31,546 1,090,861
UniCredit SpA 1,896,766 3,121,820
Wells Fargo & Co. 299,713 4,267,913
$ 54,249,348
Commercial Services &
Supplies — 0.4%
Avery Dennison Corp. 23,372 $ 522,130
Republic Services, Inc. 15,222 261,057
SECOM Co., Ltd. 70,000 2,591,718

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Security Value
Serco Group PLC 144,136 $ 755,257
Waste Management, Inc. 41,988 1,074,893
$ 5,205,055
Communications Equipment — 5.2%
Brocade Communications Systems,
Inc. (1) 29,461 $ 101,640
Cisco Systems,
Inc. (1) 1,016,204 17,041,741
Corning, Inc. 98,620 1,308,687
Harris Corp. 45,732 1,323,484
Nokia Oyj 655,135 7,662,077
QUALCOMM, Inc. 724,835 28,203,330
Research In Motion,
Ltd. (1) 124,600 5,366,522
Riverbed Technology,
Inc. (1) 80,237 1,049,500
$ 62,056,981
Computers & Peripherals — 5.2%
Apple,
Inc. (1) 387,722 $ 40,757,337
Dell,
Inc. (1) 314,244 2,979,033
Hewlett-Packard Co. 241,463 7,741,304
International Business Machines Corp. 87,667 8,494,056
Mitsumi Electric Co., Ltd. 38,000 555,058
NEC
Corp. (1) 122,000 331,810
Seagate Technology 303,843 1,826,096
$ 62,684,694
Construction & Engineering — 0.4%
Bouygues SA 25,787 $ 921,498
Chiyoda Corp. 78,000 422,253
Fluor Corp. 9,129 315,407
Granite Construction, Inc. 21,951 822,723
Hochtief AG 28,374 1,068,960
JGC Corp. 69,000 796,723
Obayashi Corp. 212,000 1,034,357
$ 5,381,921
Construction Materials — 0.2%
Lafarge SA 15,932 $ 719,274
Taiheiyo Cement Corp. 250,000 368,244
Vulcan Materials Co. 24,404 1,080,853
$ 2,168,371
Consumer Finance — 0.2%
American Express Co. 65,608 $ 894,237
Discover Financial Services 59,731 376,903
ORIX
Corp. (1) 10,080 331,747

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Security Value
SLM
Corp. (1) 97,247 $ 481,373
Takefuji Corp. 30,880 146,057
$ 2,230,317
Containers & Packaging — 0.2%
Bemis Co., Inc. 27,217 $ 570,740
Rexam PLC 321,632 1,242,891
Toyo Seikan Kaisha, Ltd. 51,400 758,710
$ 2,572,341
Distributors — 0.3%
Canon Marketing Japan, Inc. 39,000 $ 549,419
Genuine Parts Co. 56,294 1,680,939
LKQ
Corp. (1) 61,787 881,700
$ 3,112,058
Diversified Consumer Services — 0.1%
H&R Block, Inc. 65,199 $ 1,185,970
$ 1,185,970
Diversified Financial Services — 1.1%
CME Group, Inc. 8,790 $ 2,165,768
Fortis 814,958 1,488,991
Groupe Bruxelles Lambert SA 6,437 437,043
JPMorgan Chase & Co. 285,692 7,593,693
Moody’s Corp. 76,959 1,763,900
$ 13,449,395
Diversified Telecommunication
Services — 3.8%
AT&T, Inc. 317,811 $ 8,008,837
Deutsche Telekom AG 506,497 6,273,463
France Telecom SA 274,954 6,268,167
Frontier Communications Corp. 88,967 638,783
Nippon Telegraph & Telephone Corp. 10,100 385,464
Telefonica SA 796,352 15,880,305
Verizon Communications, Inc. 246,478 7,443,636
Windstream Corp. 100,356 808,869
$ 45,707,524
Electric Utilities — 2.1%
Duke Energy Corp. 129,531 $ 1,854,884
E.ON AG 283,085 7,851,107
Edison International 145,468 4,190,933
Enel SpA 1,137,993 5,456,977
Hokkaido Electric Power Co. 13,500 271,460
Iberdrola SA 371,167 2,603,739
Kyushu Electric Power Co., Inc. 13,400 300,862

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Security Value
Shikoku Electric Power Co. 6,300 $ 168,254
Tokyo Electric Power Co., Inc. 21,001 524,891
Union Fenosa SA 61,836 1,477,598
$ 24,700,705
Electrical Equipment — 1.1%
ABB,
Ltd. (1) 433,638 $ 6,047,845
Cooper Industries, Ltd., Class A 30,705 794,031
Emerson Electric Co. 127,413 3,641,464
Energy Conversion Devices,
Inc. (1) 7,332 97,296
First Solar,
Inc. (1) 18,250 2,421,775
Fujikura, Ltd. 69,000 192,388
Suntech Power Holdings Co., Ltd.
ADR (1) 19,232 224,822
$ 13,419,621
Electronic Equipment, Instruments &
Components — 0.9%
Hoya Corp. 13,600 $ 270,661
Ibiden Co., Ltd. 16,500 403,607
Keyence Corp. 2,310 437,021
Kyocera Corp. 73,234 4,888,300
Mabuchi Motor Co., Ltd. 10,900 443,962
Nippon Electric Glass Co., Ltd. 40,000 283,701
Omron Corp. 16,500 195,706
Taiyo Yuden Co., Ltd. 125,000 962,483
TDK Corp. 63,500 2,400,286
Yaskawa Electric Corp. 50,000 218,877
$ 10,504,604
Energy Equipment &
Services — 0.6%
CARBO Ceramics, Inc. 29,215 $ 830,875
Complete Production Services,
Inc. (1) 41,752 128,596
Halliburton Co. 130,037 2,011,672
Schlumberger, Ltd. 59,785 2,428,467
Transocean,
Ltd. (1) 28,078 1,652,110
Willbros Group,
Inc. (1) 25,872 250,958
$ 7,302,678
Food & Staples Retailing — 2.3%
Circle K Sunkus Co., Ltd. 16,500 $ 235,223
CVS Caremark Corp. 191,781 5,272,060
Familymart Co., Ltd. 10,600 322,765
Koninklijke Ahold NV 122,728 1,344,205
Kroger Co. (The) 115,650 2,454,093
Lawson, Inc. 5,300 220,161
Metro AG 28,658 944,890
Safeway, Inc. 20,338 410,624

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Security Value
Seven & I Holdings Co., Ltd. 88,400 $ 1,951,612
Sysco Corp. 99,048 2,258,294
UNY Co., Ltd. 52,000 412,306
Wal-Mart Stores, Inc. 216,471 11,278,139
$ 27,104,372
Food Products — 3.0%
Cadbury PLC 63,336 $ 477,744
Campbell Soup Co. 17,968 491,604
ConAgra Foods, Inc. 77,043 1,299,715
H.J. Heinz Co. 59,510 1,967,401
Hershey Co. (The) 54,133 1,881,122
Kraft Foods, Inc., Class A 88,500 1,972,665
Lindt & Spruengli AG 353 472,220
Nestle SA 558,806 18,878,906
Nippon Suisan Kaisha, Ltd. 181,600 478,181
Nissin Foods Holdings Co., Ltd. 11,700 346,438
Toyo Suisan Kaisha, Ltd. 15,000 309,505
Unilever NV 368,724 7,264,289
Yakult Honsha Co., Ltd. 11,000 196,830
$ 36,036,620
Gas Utilities — 0.8%
Gas Natural SDG SA 45,614 $ 624,588
GDF Suez 234,378 8,037,895
Snam Rete Gas 260,064 1,395,411
$ 10,057,894
Health Care Equipment &
Supplies — 1.4%
Boston Scientific
Corp. (1) 231,022 $ 1,836,625
Cooper Cos., Inc. (The) 16,718 442,024
Covidien, Ltd. 84,924 2,822,874
Edwards Lifesciences
Corp. (1) 7,026 425,986
Hologic,
Inc. (1) 67,694 886,114
Immucor,
Inc. (1) 43,389 1,091,233
Intuitive Surgical,
Inc. (1) 17,782 1,695,692
Medtronic, Inc. 159,154 4,690,268
Olympus Optical Corp. 37,000 603,788
Terumo Corp. 65,400 2,429,331
$ 16,923,935
Health Care Providers &
Services — 1.1%
DaVita,
Inc. (1) 22,729 $ 998,940
Humana,
Inc. (1) 35,364 922,293
IMS Health, Inc. 20,213 252,056
Laboratory Corp. of America
Holdings (1) 22,532 1,317,897

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Security Value
Lincare Holdings,
Inc. (1) 56,738 $ 1,236,888
McKesson Corp. 85,303 2,989,017
Medco Health Solutions,
Inc. (1) 77,226 3,192,523
UnitedHealth Group, Inc. 113,398 2,373,420
$ 13,283,034
Hotels, Restaurants &
Leisure — 1.1%
Accor SA 26,214 $ 912,338
Carnival Corp., Unit 22,815 492,804
International Game Technology 64,170 591,647
Marriott International, Inc., Class A 107,229 1,754,266
Starbucks
Corp. (1) 318,156 3,534,713
Starwood Hotels & Resorts Worldwide, Inc. 54,114 687,248
Wynn Resorts,
Ltd. (1) 27,627 551,711
Yum! Brands, Inc. 157,714 4,333,981
$ 12,858,708
Household Durables — 0.6%
Casio Computer Co., Ltd. 77,300 $ 552,887
Makita Corp. 9,200 210,112
Ryland Group, Inc. 37,074 617,653
Sekisui Chemical Co., Ltd. 122,000 609,363
Sharp Corp. 88,000 704,195
Snap-On, Inc. 15,120 379,512
Sony Corp. 81,400 1,683,717
Stanley Works (The) 48,688 1,417,795
Whirlpool Corp. 36,102 1,068,258
$ 7,243,492
Household Products — 1.3%
Clorox Co. (The) 36,298 $ 1,868,621
Colgate-Palmolive Co. 28,351 1,672,142
Kao Corp. 108,654 2,120,100
Procter & Gamble Co. 192,358 9,058,138
Uni-Charm Corp. 8,500 516,674
$ 15,235,675
Independent Power Producers & Energy
Traders — 0.1%
AES Corp.
(The) (1) 97,536 $ 566,684
NRG Energy,
Inc. (1) 39,661 698,034
$ 1,264,718
Industrial Conglomerates — 1.6%
3M Co. 82,273 $ 4,090,614
General Electric Co. 616,068 6,228,447
Hankyu Hanshin Holdings, Inc. 39,128 177,945

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Security Value
Siemens AG 155,733 $ 8,890,734
Textron, Inc. 29,211 167,671
$ 19,555,411
Insurance — 3.3%
ACE, Ltd. 70,355 $ 2,842,342
Aioi Insurance Co., Ltd. 108,000 420,508
Allianz SE 85,301 7,139,908
AON Corp. 81,816 3,339,729
AXA SA 428,404 5,141,894
Cincinnati Financial Corp. 140,338 3,209,530
CNP Assurances 14,204 895,792
Corporacion Mapfre SA 200,954 440,042
Marsh & McLennan Cos., Inc. 111,769 2,263,322
MetLife, Inc. 112,391 2,559,143
Muenchener Rueckversicherungs-Gesellschaft AG 47,495 5,783,276
Nipponkoa Insurance Co., Ltd. 39,000 225,810
Old Mutual PLC 3,533,145 2,630,317
RSA Insurance Group PLC 330,365 616,056
Sony Financial Holdings, Inc. 136 366,792
T & D Holdings, Inc. 34,550 841,453
TrygVesta AS 13,598 688,060
$ 39,403,974
Internet & Catalog Retail — 0.6%
Amazon.com,
Inc. (1) 92,872 $ 6,820,520
Liberty Media Corp. - Interactive,
Class A (1) 269,363 781,153
$ 7,601,673
Internet Software &
Services — 2.4%
Akamai Technologies,
Inc. (1) 49,843 $ 966,954
Ariba,
Inc. (1) 55,338 483,101
eBay,
Inc. (1) 265,244 3,331,465
Google, Inc.,
Class A (1) 51,959 18,084,850
MercadoLibre,
Inc. (1) 23,884 443,048
Omniture,
Inc. (1) 29,159 384,607
VeriSign,
Inc. (1) 132,262 2,495,784
Yahoo!,
Inc. (1) 170,044 2,178,264
$ 28,368,073
IT Services — 1.2%
Accenture, Ltd., Class A 22,699 $ 623,996
CapGemini SA 47,121 1,514,426
Cognizant Technology Solutions
Corp. (1) 179,418 3,730,100
CSK Holdings
Corp. (1) 126,500 315,032
Fidelity National Information Services, Inc. 51,873 944,089

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Security Value
Infosys Technologies, Ltd. ADR 107,814 $ 2,871,087
MasterCard, Inc., Class A 5,421 907,909
Nomura Research Institute, Ltd. 14,000 219,762
NTT Data Corp. 731 2,002,545
Obic Co., Ltd. 2,060 259,577
Otsuka Corp. 4,700 175,746
Western Union Co. 89,601 1,126,285
$ 14,690,554
Leisure Equipment &
Products — 0.2%
Hasbro, Inc. 26,234 $ 657,686
Mattel, Inc. 31,709 365,605
Nikon Corp. 75,000 853,581
Sankyo Co., Ltd. 4,000 174,814
Sega Sammy Holdings, Inc. 36,300 321,992
$ 2,373,678
Life Sciences Tools &
Services — 0.1%
PerkinElmer, Inc. 27,425 $ 350,217
Thermo Fisher Scientific,
Inc. (1) 36,262 1,293,466
$ 1,643,683
Machinery — 1.8%
AGCO
Corp. (1) 30,980 $ 607,208
Caterpillar, Inc. 46,992 1,313,896
Dover Corp. 15,298 403,561
Eaton Corp. 46,216 1,703,522
Fanuc, Ltd. 63,627 4,351,897
Hitachi Construction Machinery Co., Ltd. 82,900 1,094,478
Ingersoll-Rand Co., Ltd., Class A 141,103 1,947,221
Japan Steel Works, Ltd. 135,000 1,287,074
Kawasaki Heavy Industries, Ltd. 107,000 214,811
Komatsu, Ltd. 93,000 1,029,209
Kurita Water Industries, Ltd. 14,700 286,081
MAN AG 18,989 824,255
Minebea Co., Ltd. 67,127 247,247
Mitsui Engineering & Shipbuilding Co., Ltd. 266,000 449,700
NGK Insulators, Ltd. 91,000 1,423,293
NSK, Ltd. 96,000 372,625
NTN Corp. 195,000 553,400
Pall Corp. 30,660 626,384
Parker Hannifin Corp. 13,311 452,308
Sandvik AB 140,200 803,128

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Security Value
Scania AB, Class B 77,000 $ 626,642
SMC Corp. 3,400 331,371
Titan International, Inc. 23,159 116,490
$ 21,065,801
Marine — 0.1%
Mitsui O.S.K. Lines, Ltd. 131,000 $ 648,312
$ 648,312
Media — 2.4%
British Sky Broadcasting Group PLC 561,886 $ 3,487,460
CBS Corp., Class B 203,865 782,842
Comcast Corp., Class A 888,706 12,121,950
Comcast Corp., Special Class A 144,653 1,861,684
Daily Mail & General Trust NV, Class A 123,299 412,791
Focus Media Holding, Ltd.
ADR (1) 44,518 302,722
Gannett Co., Inc. 51,742 113,832
Lagardere SCA 18,033 506,028
Omnicom Group, Inc. 109,132 2,553,689
Publicis Groupe 82,745 2,121,179
Walt Disney Co. (The) 218,622 3,970,176
Wolters Kluwer NV 39,260 636,392
$ 28,870,745
Metals & Mining — 1.8%
Alcoa, Inc. 129,184 $ 948,211
Anglo American PLC 148,533 2,529,317
Antofagasta PLC 299,210 2,165,304
ArcelorMittal 142,034 2,898,012
JFE Holdings, Inc. 8,400 185,415
Kobe Steel, Ltd. 216,000 279,321
Lonmin PLC 36,876 753,868
Mitsubishi Materials Corp. 284,000 773,616
Mitsui Mining & Smelting Co.,
Ltd. (1) 112,000 186,340
Newmont Mining Corp. 34,446 1,541,803
Norsk Hydro ASA 335,400 1,262,069
Pacific Metals Co., Ltd. 42,000 186,397
Rio Tinto PLC 160,570 5,391,638
Sumitomo Metal Industries, Ltd. 112,000 227,302
Sumitomo Metal Mining Co., Ltd. 80,000 769,163
Toho Zinc Co., Ltd. 117,000 300,260
United States Steel Corp. 40,717 860,350
$ 21,258,386

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Security Value
Multiline Retail — 0.9%
Hankyu Department Stores 29,000 $ 167,204
Kohl’s
Corp. (1) 35,420 1,498,974
Marks & Spencer Group PLC 751,108 3,184,398
PPR SA 27,056 1,734,567
Sears Holdings
Corp. (1) 41,037 1,875,801
Target Corp. 70,056 2,409,226
$ 10,870,170
Multi-Utilities — 1.2%
Centrica PLC 307,754 $ 1,004,611
CMS Energy Corp. 312,086 3,695,098
Consolidated Edison, Inc. 32,494 1,287,087
Dominion Resources, Inc. 34,329 1,063,856
NorthWestern Corp. 25,742 552,938
Public Service Enterprise Group, Inc. 144,782 4,266,726
United Utilities Group PLC 331,644 2,298,788
$ 14,169,104
Office Electronics — 0.3%
Brother Industries, Ltd. 31,000 $ 229,804
Canon, Inc. 43,600 1,271,020
Konica Minolta Holdings, Inc. 90,000 784,493
Ricoh Co., Ltd. 59,000 713,423
$ 2,998,740
Oil, Gas & Consumable
Fuels — 9.4%
Anadarko Petroleum Corp. 39,019 $ 1,517,449
BP PLC 2,335,205 15,658,450
Chevron Corp. 135,963 9,142,152
ConocoPhillips 144,488 5,658,150
El Paso Corp. 56,715 354,469
ENI SpA 426,500 8,257,992
Exxon Mobil Corp. 327,392 22,295,395
Foundation Coal Holdings, Inc. 32,272 463,103
Goodrich Petroleum
Corp. (1) 6,636 128,473
Hess Corp. 20,723 1,123,187
Idemitsu Kosan Co., Ltd. 3,100 234,184
Independent Tankers Corp.,
Ltd. (1) 215 96
Nippon Mining Holdings, Inc. 118,000 472,977
Peabody Energy Corp. 48,072 1,203,723
Petrohawk Energy
Corp. (1) 46,910 902,079
Royal Dutch Shell PLC, Class A 521,693 11,728,064
Royal Dutch Shell PLC, Class B 414,555 9,018,591
Southwestern Energy
Co. (1) 24,167 717,518

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Security Value
Suncor Energy, Inc. 65,964 $ 1,465,060
TonenGeneral Sekiyu KK 39,000 382,162
Total SA 356,989 17,652,890
Williams Cos., Inc. 159,612 1,816,385
XTO Energy, Inc. 77,523 2,373,754
$ 112,566,303
Paper & Forest Products — 0.1%
International Paper Co. 57,584 $ 405,391
Mondi PLC 1 2
OJI Paper Co., Ltd. 143,000 585,824
$ 991,217
Personal Products — 0.3%
Alberto-Culver Co. 11,849 $ 267,906
Beiersdorf AG 28,716 1,286,115
Estee Lauder Cos., Inc., Class A 41,517 1,023,394
Oriflame Cosmetics SA 29,484 920,547
USANA Health Services,
Inc. (1) 9,533 213,158
$ 3,711,120
Pharmaceuticals — 9.0%
Abbott Laboratories 155,754 $ 7,429,466
Allergan, Inc. 41,914 2,001,813
Astellas Pharma, Inc. 84,600 2,618,042
AstraZeneca PLC 219,194 7,762,759
Chugai Pharmaceuticals Co., Ltd. 52,900 901,198
Daiichi Sankyo Co., Ltd. 82,300 1,383,712
Eisai Co., Ltd. 70,946 2,088,269
Eli Lilly & Co. 66,581 2,224,471
Endo Pharmaceuticals Holdings,
Inc. (1) 42,910 758,649
GlaxoSmithKline PLC 758,256 11,809,615
Johnson & Johnson 175,703 9,241,978
King Pharmaceuticals,
Inc. (1) 86,183 609,314
Medicines
Co. (1) 28,661 310,685
Merck & Co., Inc. 167,343 4,476,425
Mylan,
Inc. (1) 78,674 1,055,018
Novartis AG 281,243 10,640,425
Ono Pharmaceutical Co., Ltd. 14,100 618,830
Pfizer, Inc. 554,173 7,547,836
Roche Holding AG 91,418 12,547,134
Sanofi-Aventis SA 172,863 9,701,268
Santen Pharmaceutical Co., Ltd. 17,000 474,163
Schering-Plough Corp. 164,819 3,881,487
Shionogi & Co., Ltd. 56,000 965,259

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Security Value
Shire PLC 52,086 $ 637,852
Takeda Pharmaceutical Co., Ltd. 61,231 2,124,383
Tanabe Seiyaku Co., Ltd. 28,000 278,748
Wyeth 99,104 4,265,436
$ 108,354,235
Professional Services — 0.2%
Equifax, Inc. 15,217 $ 372,056
Manpower, Inc. 13,198 416,133
Monster Worldwide,
Inc. (1) 92,909 757,208
Robert Half International, Inc. 73,835 1,316,478
$ 2,861,875
Real Estate Investment Trusts
(REITs) — 0.2%
British Land Co. PLC 87,921 $ 454,291
Japan Real Estate Investment Corp. 50 384,110
Japan Retail Fund Investment Corp. 50 191,522
Nippon Building Fund, Inc. 50 432,149
Simon Property Group, Inc. 36,625 1,268,690
$ 2,730,762
Real Estate Management &
Development — 0.1%
Daito Trust Construction Co., Ltd. 5,400 $ 182,044
Heiwa Real Estate Co., Ltd. 448,500 984,069
LEOPALACE21 Corp. 66,600 398,206
$ 1,564,319
Road & Rail — 0.7%
Central Japan Railway Co. 79 $ 445,467
CSX Corp. 48,354 1,249,951
East Japan Railway Co. 12,600 656,891
JB Hunt Transport Services, Inc. 116,477 2,808,260
Keio Corp. 139,000 791,505
Kinetsu Corp. 91,000 378,296
Norfolk Southern Corp. 41,055 1,385,606
Ryder System, Inc. 14,154 400,700
Tobu Railway Co., Ltd. 154,000 781,289
$ 8,897,965
Semiconductors & Semiconductor
Equipment — 3.3%
Advantest Corp. 110,000 $ 1,661,023
Applied Materials, Inc. 477,645 5,134,684
Atheros Communications,
Inc. (1) 66,024 967,912
Broadcom Corp.,
Class A (1) 117,049 2,338,639
Cavium Networks,
Inc. (1) 124,631 1,438,242
Cypress Semiconductor
Corp. (1) 179,441 1,214,816

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Security Value
Intel Corp. 843,908 $ 12,700,815
KLA-Tencor Corp. 138,609 2,772,180
MEMC Electronic Materials,
Inc. (1) 52,752 869,880
Microchip Technology, Inc. 139,305 2,951,873
National Semiconductor Corp. 69,755 716,384
NVIDIA
Corp. (1) 180,137 1,776,151
ON Semiconductor
Corp. (1) 150,228 585,889
ROHM Co., Ltd. 4,700 234,825
Shinko Electric Industries 44,200 425,790
Sumco Corp. 42,900 639,117
Tessera Technologies,
Inc. (1) 81,309 1,087,101
Tokyo Electron, Ltd. 62,500 2,340,857
$ 39,856,178
Software — 5.3%
BMC Software,
Inc. (1) 31,383 $ 1,035,639
Check Point Software Technologies,
Ltd. (1) 149,951 3,330,412
Citrix Systems,
Inc. (1) 92,876 2,102,713
Compuware
Corp. (1) 52,384 345,211
Concur Technologies,
Inc. (1) 23,180 444,824
Konami Corp. 47,400 720,801
Microsoft Corp. 1,431,537 26,297,335
Nintendo Co., Ltd. 1,600 468,051
Oracle
Corp. (1) 1,042,819 18,843,739
Oracle Corp. Japan 15,200 577,657
Red Hat,
Inc. (1) 19,525 348,326
Symantec
Corp. (1) 420,373 6,280,373
TiVo,
Inc. (1) 108,706 765,290
Trend Micro, Inc. 63,397 1,811,039
$ 63,371,410
Specialty Retail — 1.8%
AutoNation,
Inc. (1) 104,541 $ 1,451,029
Best Buy Co., Inc. 57,465 2,181,371
Fast Retailing Co., Ltd. 63,100 7,224,913
Home Depot, Inc. 114,605 2,700,094
Isetan Mitsukoshi Holdings, Ltd., Class L 71,332 552,024
Limited Brands, Inc. 36,921 321,213
Nitori Co., Ltd. 3,950 221,078
O’Reilly Automotive,
Inc. (1) 32,951 1,153,615
Staples, Inc. 222,003 4,020,474
Tiffany & Co. 33,012 711,739

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Security Value
TJX Companies., Inc. (The) 25,596 $ 656,281
Urban Outfitters,
Inc. (1) 30,282 495,716
Yamada Denki Co., Ltd. 4,660 183,907
$ 21,873,454
Textiles, Apparel & Luxury
Goods — 0.9%
Burberry Group PLC 689,590 $ 2,781,312
Christian Dior SA 12,210 668,822
Coach,
Inc. (1) 38,372 640,812
Compagnie Financiere Richemont AG, Class A 52,670 822,364
Hanesbrands,
Inc. (1) 4,073 38,979
Nike, Inc., Class B 79,633 3,733,991
Nisshinbo Industries, Inc. 172,000 1,639,401
Swatch Group AG, Class B 6,168 743,920
$ 11,069,601
Tobacco — 1.8%
Altria Group, Inc. 154,248 $ 2,471,053
British American Tobacco PLC 280,829 6,487,396
Imperial Tobacco Group PLC 232,493 5,221,423
Japan Tobacco, Inc. 478 1,277,782
Philip Morris International, Inc. 138,852 4,940,354
Swedish Match AB 64,387 931,233
$ 21,329,241
Trading Companies &
Distributors — 0.2%
Marubeni Corp. 55,000 $ 173,224
Mitsubishi Corp. 79,800 1,057,887
Sumitomo Corp. 153,500 1,333,836
$ 2,564,947
Transportation Infrastructure — 0.2%
ADP 11,573 $ 616,145
Societe des Autoroutes Paris-Rhin-Rhone 18,585 1,185,438
$ 1,801,583
Water Utilities — 0.1%
Severn Trent PLC 52,773 $ 748,949
$ 748,949
Wireless Telecommunication Services — 1.6%
KDDI Corp. 624 $ 2,938,504
NTT DoCoMo, Inc. 121 164,855

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Security Value
Rogers Communications, Inc., Class B 48,136 $ 1,098,945
Softbank Corp. 194,798 2,508,747
Vodafone Group PLC 7,274,719 12,683,153
$ 19,394,204
Total Common Stocks (identified cost $1,514,174,891) $ 1,242,328,478

Investment Funds — 0.1%

Security Value
Alliance Trust PLC (The) 163,948 $ 624,788
Total Investment Funds (identified cost $683,209) $ 624,788

Rights — 0.0%

Security Value
Diversified Financial Services — 0.0%
Fortis, Expires
7/1/14 (1) 111,868 $ 0
$ 0
Insurance — 0.0%
Corporacion Mapfre SA, Expires
4/1/09 (1) 200,954 $ 2,670
$ 2,670
Total Rights (identified cost $0) $ 2,670
Total Investments — 103.5% (identified cost $1,514,858,100) $ 1,242,955,936

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Covered Call Options Written — (4.2)%

Description Number — of Contracts Strike — Price Date Value
AMEX EUROTOP 100 Index 12,662 $ 154 4/14/09 $ (8,278,416 )
Dow Jones Euro Stoxx 50 Index 43,291 EUR 2,050 4/17/09 (4,325,235 )
FTSE 100 Index 11,583 GBP 3,900 4/17/09 (2,152,273 )
NASDAQ 100 Index 1,827 $ 1,225 4/18/09 (8,586,900 )
NASDAQ 100 Index 354 $ 1,235 4/18/09 (1,380,600 )
Nikkei 225 Index 1,488,681 JPY 7,500 4/10/09 (10,704,956 )
S&P 500 Index 1,327 $ 785 4/18/09 (4,511,800 )
S&P 500 Index 2,846 $ 790 4/18/09 (8,395,700 )
S&P 500 Index 883 $ 815 4/18/09 (1,589,400 )
SMI Index 5,132 CHF 4,900 4/17/09 (656,434 )
Total Covered Call Options Written (premiums received $35,510,902) $ (50,581,714 )
Other Assets, Less Liabilities — 0.7% $ 8,715,986
Net Assets — 100.0% $ 1,201,090,208
ADR - American Depository Receipt
CHF - Swiss Franc
EUR - Euro
GBP - British Pound Sterling
JPY - Japanese Yen
(1) Non-income producing security.

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Country Concentration of Portfolio

Country Percentage — of Net Assets Value
United States 56.8 % $ 681,903,698
Japan 10.8 130,073,216
United Kingdom 9.8 117,251,256
France 6.2 74,675,965
Switzerland 4.9 59,277,127
Germany 4.9 58,261,416
Spain 2.7 32,038,437
Netherlands 2.0 23,623,177
Italy 1.9 22,963,735
Canada 0.9 11,515,974
Finland 0.6 7,662,077
Luxembourg 0.3 3,818,559
Bermuda 0.3 3,365,344
Israel 0.3 3,330,412
Other Countries, less than 0.3% each 1.1 13,195,543
103.5 % $ 1,242,955,936

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The cost and unrealized appreciation (depreciation) of investments of the Fund at March 31, 2009, as determined on a federal income tax basis, were as follows:

Aggregate cost $
Gross unrealized appreciation $ 64,731,056
Gross unrealized depreciation (336,828,677 )
Net unrealized depreciation $ (272,097,621 )

Written call options activity for the fiscal year to date ended March 31, 2009 was as follows:

Contracts Received
Outstanding, beginning of period 1,731,429 $ 46,546,455
Options written 4,627,222 121,845,731
Options terminated in closing purchase transactions (4,753,982 ) (117,180,918 )
Options expired (36,083 ) (15,700,366 )
Outstanding, end of period 1,568,586 $ 35,510,902

All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At March 31, 2009, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objective. The Fund generally intends to write index call options above the current value of the index to generate premium income. In writing index call options, the Fund in effect, sells potential appreciation in the value of the applicable index above the exercise price in exchange for the option premium received. The Fund retains the risk of loss, minus the premium received, should the price of the underlying index decline.

At March 31, 2009, the aggregate fair value of derivative instruments in a liability position and whose primary underlying risk exposure is equity price risk was $50,581,714.

Financial Accounting Standards Board Statement of Financial Accounting Standards No. 157, “Fair Value Measurements”, established a three-tier hierarchy to prioritize the assumptions, referred to as inputs, used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

| • | Level 1 — quoted prices in active markets for
identical investments |
| --- | --- |
| • | Level 2 — other significant observable inputs
(including quoted prices for similar investments, interest
rates, prepayment speeds, credit risk, etc.) |
| • | Level 3 — significant unobservable inputs
(including a fund’s own assumptions in determining the fair
value of investments) |

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

At March 31, 2009, the inputs used in valuing the Fund’s investments, which are carried at value, were as follows:

Valuation Inputs Investments in — Securities Other Financial — Instruments*
Level 1 Quoted Prices $ 713,527,794 $ (39,876,758 )
Level 2 Other Significant Observable Inputs 529,428,142 (10,704,956 )
Level 3 Significant Unobservable Inputs — —
Total $ 1,242,955,936 $ (50,581,714 )
  • Other financial instruments include written call options.

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The Fund held no investments or other financial instruments as of December 31, 2008 whose fair value was determined using Level 3 inputs.

Exchange-traded options are valued at the last sale price for the day of valuation as quoted on any exchange on which the option is listed or, in the absence of sales on such date, at the mean between the closing bid and asked prices therefore as reported by the Options Price Reporting Authority. Over-the-counter options are valued based on broker quotations, when available and deemed reliable.

For additional information on the Fund’s policy regarding valuation of investments and other significant accounting policies, please refer to the Fund’s most recent financial statements included in its semiannual or annual report to shareholders.

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BEGIN PAGE WIDTH link2 "Item 2. Controls and Procedures"

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 on this Form N-Q 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 on this Form N-Q 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) There have been no changes in the registrant’s internal controls over financial reporting during the fiscal quarter for which the report is being filed that have materially affected, or are reasonably likely to materially affect the registrant’s internal control over financial reporting.

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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
Date: May 20, 2009

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
Date: May 20, 2009
By: /s/ Barbara E. Campbell
Barbara E. Campbell
Treasurer
Date: May 20, 2009

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