Overview
| 3 Months | YTD | 1 Year | 3 Years | 5 Years | Life of Fund | |
| 4/30/2012 | ||||||
|---|---|---|---|---|---|---|
| Fund at NAV | 1.55 | 4.61 | 11.01 | — | — | 8.76 |
| Market Price | 4.70 | 11.35 | 17.57 | — | — | 6.16 |
| 3/31/2012 | ||||||
| Fund at NAV | 1.96 | 1.96 | 10.62 | — | — | 7.60 |
| Market Price | 7.32 | 7.32 | 12.77 | — | — | 4.24 |
| Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. | ||||||
| Performance Inception | 06/29/2010 |
| Investment Objective | Tax-advantaged current income and gains |
| CUSIP | 27829M103 |
| James H. Evans, CFA | Managed Fund since 2010 | ||
| Ken Everding, Ph.D | Managed Fund since 2010 | ||
| Jonathan Orseck | Managed Fund since 2010 | ||
Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.
Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.
Performance
| 3 Months | YTD | 1 Year | 3 Years | 5 Years | Life of Fund | |
| 4/30/2012 | ||||||
|---|---|---|---|---|---|---|
| Fund at NAV | 1.55 | 4.61 | 11.01 | — | — | 8.76 |
| Market Price | 4.70 | 11.35 | 17.57 | — | — | 6.16 |
| 3/31/2012 | ||||||
| Fund at NAV | 1.96 | 1.96 | 10.62 | — | — | 7.60 |
| Market Price | 7.32 | 7.32 | 12.77 | — | — | 4.24 |
| Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than one year is cumulative. | ||||||
| 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | |
| Fund at NAV | — | — | — | — | — | — | — | — | — | 10.96 |
| Market Price | — | — | — | — | — | — | — | — | — | 6.60 |
| Performance Inception | 06/29/2010 |
| Distribution Rate at Market Price | 9.69 |
| Ex-Date | Distribution | Reinvest NAV |
| Mar 21, 2012 | $0.42500 | $16.90 |
| Dec 21, 2011 | $0.42500 | $16.90 |
| Sep 21, 2011 | $0.42500 | $16.54 |
| Jun 21, 2011 | $0.42500 | $17.38 |
| Mar 22, 2011 | $0.42500 | $16.62 |
| Dec 21, 2010 | $0.42500 | $17.28 |
| Sep 21, 2010 | $0.42500 | $18.74 |
| No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years. | ||
Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.
Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.
Portfolio
| Holding | % of Net Assets |
| EV CASH RESERVES FUND | 14.0302% |
| New York State Thruway Authority | 12.7056% |
| United States Treasury Bill | 10.6031% |
| State of Utah | 5.4566% |
| New York State Urban Development Corp | 4.7336% |
| Charleston County School District Development Corp | 4.5606% |
| State of Texas | 4.0152% |
| Beaufort County School District/SC | 3.4690% |
| Benton County School District No 400 Richland | 3.3878% |
| Energy Northwest | 2.6480% |
| View All | |
Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.
Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.
Insights & Analysis
Quarterly Commentary
No commentary information is available.
The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.
Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.
Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.
Attribution
No attribution information is available.
Market price performance is shown before applicable commissions that a shareholder may encounter when purchasing or selling shares of the fund. All performance information is for common shares of the fund. Closed–end funds, unlike open–end funds, are not continuously offered. There is a one–time public offering and once issued, shares of closed–end funds are sold in the open market through a stock exchange. Net asset value (NAV) is total assets less total liabilities divided by the number of shares outstanding. At the time of sale, your shares may have a market price that is above or below NAV. There is no assurance that the fund will achieve its investment objective. The fund is subject to investment risks, including possible loss of principal invested. This data is provided for information only and is not intended for trading purposes.
Morningstar Fact Sheet: This fact sheet is for information purposes only. It is prepared and presented by a third party. Eaton Vance is not responsible for its timeliness, accuracy or its content.
Management
Biography
James H. Evans, CFA
Vice President, Eaton Vance Management
Joined Eaton Vance 2008
Jim Evans is a vice president of Eaton Vance Management, director of the Tax-Advantaged Bond Strategies Division and portfolio manager on Eaton Vance's tax-advantaged bond strategies team.
Jim joined Eaton Vance in December 2008 when it acquired M.D. Sass Tax Advantaged BondStrategies, LLC (TABS), where he was senior portfolio manager and managed TABS. Jim joinedthe M.D. Sass Group in 1990 to manage its clients' municipal bond portfolios. Previously, he wasaffiliated with Kidder, Peabody & Company, where he was vice president in charge of its municipal arbitrage account, and with Continental Bank and Mellon Bank, where he was a municipal bond trader/underwriter.
Jim earned a B.S. in engineering from Cornell University. He is a CFA charterholder and has over 25 years of investment experience.
Jim's commentary has appeared in Bloomberg,, The Bond Buyer, and Barron's, among other publications.
Education
- B.S. Cornell University
Experience
- Managed Fund since 2010
Biography
Ken Everding, Ph.D
Managing Director, Parametric Risk Advisors, LLC
Joined Parametric Risk Advisors 2005
Ken Everding is managing director of Parametric Risk Advisors, an investment adviser and subsidiary of Parametric Portfolio Associates, LLC, a majority-owned subsidiary of Eaton Vance Corp.
Prior to joining Parametric in 2005, Ken was a managing director at Zurich Capital Markets and BNP Paribas, following Zurich's acquisition. At Zurich, Ken's team was the pioneer in creating structured hedge fund products. Before Zurich, Ken was a founding member of Donaldson, Lufkin & Jenrette's credit derivative group and subsequently moved to London to form and run DLJ's European credit derivatives business. There, he was responsible for its trading, structuring and marketing efforts.
Ken earned a B.S. with honors in physics from Iowa State University and holds a doctorate in theoretical particle physics from Yale University. The title of his Ph.D. thesis is Aspects of Non-Perturbative Quantum Electrodynamics, excerpts of which have been published in leading academic journals.
Education
- B.S. Iowa State University
- Ph.D. Yale University
Experience
- Managed Fund since 2010
Biography
Jonathan Orseck
Managing Director, Parametric Risk Advisors, LLC
Joined Parametric Risk Advisors 2006
Jon Orseck is managing director of Parametric Risk Advisors, an investment adviser and subsidiary of Parametric Portfolio Associates, LLC, a majority-owned subsidiary of Eaton Vance Corp.
Prior to joining Parametric in 2006, Jon was a managing director at Banc of America Securities, where he founded and managed the Equity Linked Solutions Group. He was responsible for the development, structuring, marketing and sales of equity and commodity index-linked structured investments. Before Bank of America, Jon was an executive director at Morgan Stanley responsible for structuring and marketing structured notes to institutional clients. He also managed their high- net-worth, over-the-counter equity derivative business for hedging and investment purposes for the eastern half of North America. From 1993-1996, Jon held similar roles at Kidder, Peabody and Royal Bank of Canada.
Jon earned a B.S. in computer science from the University of Pennsylvania and an M.B.A. from New York University Stern School of Business.
Education
- B.S. University of Pennsylvania
- M.B.A. Stern School of Business, New York University
Experience
- Managed Fund since 2010
Fund Literature
Fund Literature
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund March 2012 Distribution
Updated as of Mar 30, 2012
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Mar 13, 2012
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Report of Earnings
Updated as of Mar 9, 2012
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund January 2012 Distribution
Updated as of Jan 3, 2012
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Report of Earnings
Updated as of Dec 22, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Dec 13, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Annual Meeting of Shareholders
Updated as of Dec 12, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund September 2011 Distribution
Updated as of Sep 30, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Sep 13, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Report of Earnings
Updated as of Sep 9, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund June 2011 Distribution
Updated as of Jun 30, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Jun 14, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Report of Earnings
Updated as of Jun 13, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Annual Meeting of Shareholders
Updated as of Apr 25, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund March 2011 Distribution
Updated as of Mar 31, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Mar 15, 2011
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund December 2010 Distribution
Updated as of Dec 31, 2010
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Report of Earnings
Updated as of Dec 30, 2010
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Declares Quarterly Distribution
Updated as of Dec 14, 2010
Eaton Vance Tax-Advantaged Bond & Option Strategies Fund Annual Meeting of Shareholders
Updated as of Dec 13, 2010
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund September 2010 Distribution
Updated as of Sep 30, 2010
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund Announces Initial Quarterly Distribution
Updated as of Aug 4, 2010
Eaton Vance Tax-Advantaged Bond and Option Strategies Fund (EXD) Raises $200 Million in Initial Public Offering
Updated as of Jun 30, 2010
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