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 |
|
811-21519 |
|
Eaton Vance Tax Advantaged Global Dividend Opportunities Fund |
||
|
(Exact Name of Registrant as Specified in Charter) |
||
|
The Eaton Vance Building, |
|
02109 |
|
(Address of Principal Executive Offices) |
|
(Zip code) |
|
Alan R. Dynner, Esq. |
||
|
(Name and Address of Agent for Services) |
||
|
Registrant’s Telephone Number, Including Area Code: |
|
(617) 482-8260 |
|
Date of Fiscal Year End: |
|
March 31 |
|
Date of Reporting Period: |
|
June 30, 2006 |
Item 1. Schedule of Investments
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund as of June 30, 2006
PORTFOLIO OF INVESTMENTS (Unaudited)
Common Stocks — 115.2%
|
Security |
|
Shares |
|
Value |
|
|
|
Capital Markets — 2.7% |
|
|
|
|
|
|
|
UBS AG |
|
100,000 |
|
$ |
10,970,000 |
|
|
|
|
|
|
$ |
10,970,000 |
|
|
Commercial Banks — 7.0% |
|
|
|
|
|
|
|
Bank of Nova Scotia |
|
300,000 |
|
11,925,000 |
|
|
|
Danske Bank A/S |
|
250,000 |
|
9,490,619 |
|
|
|
Societe Generale |
|
50,000 |
|
7,339,014 |
|
|
|
|
|
|
|
$ |
28,754,633 |
|
|
Communications Equipment — 2.0% |
|
|
|
|
|
|
|
Nokia Oyj ADR |
|
400,000 |
|
8,104,000 |
|
|
|
|
|
|
|
$ |
8,104,000 |
|
|
Diversified Financial Services — 2.9% |
|
|
|
|
|
|
|
Citigroup, Inc. |
|
250,000 |
|
12,060,000 |
|
|
|
|
|
|
|
$ |
12,060,000 |
|
|
Diversified Telecommunication Services — 3.9% |
|
|
|
|
|
|
|
AT&T, Inc. |
|
350,000 |
|
9,761,500 |
|
|
|
Telefonos de Mexico SA ADR |
|
300,000 |
|
6,249,000 |
|
|
|
|
|
|
|
$ |
16,010,500 |
|
|
Electric Utilities — 9.4% |
|
|
|
|
|
|
|
Edison International |
|
100,000 |
|
3,900,000 |
|
|
|
Entergy Corp. |
|
125,000 |
|
8,843,750 |
|
|
|
Exelon Corp. |
|
200,000 |
|
11,366,000 |
|
|
|
Fortum Oyj |
|
150,000 |
|
3,830,995 |
|
|
|
Scottish Power PLC |
|
992,063 |
|
10,688,595 |
|
|
|
|
|
|
|
$ |
38,629,340 |
|
|
Energy Equipment & Services — 2.7% |
|
|
|
|
|
|
|
Halliburton Co. |
|
150,000 |
|
11,131,500 |
|
|
|
|
|
|
|
$ |
11,131,500 |
|
|
Food Products — 1.9% |
|
|
|
|
|
|
|
Nestle SA ADR |
|
100,000 |
|
7,836,730 |
|
|
|
|
|
|
|
$ |
7,836,730 |
|
|
Household Products — 1.2% |
|
|
|
|
|
|
|
Kimberly-Clark de Mexico SA de CV |
|
1,500,000 |
|
4,773,359 |
|
|
|
|
|
|
|
$ |
4,773,359 |
|
|
Industrial Conglomerates — 1.1% |
|
|
|
|
|
|
|
Siemens AG ADR |
|
50,000 |
|
4,341,000 |
|
|
|
|
|
|
|
$ |
4,341,000 |
|
1
|
Insurance — 3.7% |
|
|
|
|
|
|
|
Fidelity National Financial, Inc. |
|
100,000 |
|
$ |
3,895,000 |
|
|
PartnerRe, Ltd. |
|
125,000 |
|
8,006,250 |
|
|
|
Willis Group Holdings, Ltd. |
|
100,000 |
|
3,210,000 |
|
|
|
|
|
|
|
$ |
15,111,250 |
|
|
Machinery — 1.8% |
|
|
|
|
|
|
|
Caterpillar, Inc. |
|
100,000 |
|
7,448,000 |
|
|
|
|
|
|
|
$ |
7,448,000 |
|
|
Metals & Mining — 15.7% |
|
|
|
|
|
|
|
Anglo American PLC ADR |
|
250,000 |
|
5,110,000 |
|
|
|
BHP Billiton, Ltd. ADR |
|
250,000 |
|
10,767,500 |
|
|
|
Fording Canadian Coal Trust |
|
400,000 |
|
12,680,000 |
|
|
|
Freeport-McMoRan Copper & Gold, Inc., Class B |
|
225,000 |
|
12,467,250 |
|
|
|
Phelps Dodge Corp. |
|
50,000 |
|
4,108,000 |
|
|
|
Rio Tinto PLC ADR |
|
50,000 |
|
10,485,500 |
|
|
|
Southern Copper Corp. |
|
100,000 |
|
8,913,000 |
|
|
|
|
|
|
|
$ |
64,531,250 |
|
|
Multiline Retail — 1.6% |
|
|
|
|
|
|
|
J.C. Penney Co., Inc. |
|
100,000 |
|
6,751,000 |
|
|
|
|
|
|
|
$ |
6,751,000 |
|
|
Multi-Utilities — 5.2% |
|
|
|
|
|
|
|
Dominion Resources, Inc. |
|
150,000 |
|
11,218,500 |
|
|
|
Veolia Environnement |
|
200,000 |
|
10,316,217 |
|
|
|
|
|
|
|
$ |
21,534,717 |
|
|
Oil, Gas & Consumable Fuels — 30.5% |
|
|
|
|
|
|
|
BP PLC ADR |
|
150,000 |
|
10,441,500 |
|
|
|
ChevronTexaco Corp. |
|
200,000 |
|
12,412,000 |
|
|
|
Enbridge, Inc. |
|
400,000 |
|
12,228,000 |
|
|
|
Kerr-McGee Corp. |
|
200,000 |
|
13,870,000 |
|
|
|
Occidental Petroleum Corp. |
|
150,000 |
|
15,382,500 |
|
|
|
Peabody Energy Corp. |
|
150,000 |
|
8,362,500 |
|
|
|
Statoil ASA ADR |
|
425,000 |
|
12,119,339 |
|
|
|
Suncor Energy, Inc. |
|
175,000 |
|
14,176,750 |
|
|
|
Total SA ADR |
|
200,000 |
|
13,104,000 |
|
|
|
Valero Energy Corp. |
|
200,000 |
|
13,304,000 |
|
|
|
|
|
|
|
$ |
125,400,589 |
|
|
Pharmaceuticals — 4.9% |
|
|
|
|
|
|
|
AstraZeneca PLC ADR |
|
100,000 |
|
5,982,000 |
|
|
|
GlaxoSmithKline PLC ADR |
|
150,000 |
|
8,370,000 |
|
|
|
Johnson & Johnson |
|
100,000 |
|
5,992,000 |
|
|
|
|
|
|
|
$ |
20,344,000 |
|
2
|
Real Estate Investment Trusts (REITs) — 6.7% |
|
|
|
|
|
|
|
AvalonBay Communities, Inc. |
|
50,000 |
|
$ |
5,531,000 |
|
|
Boston Properties, Inc. |
|
25,000 |
|
2,260,000 |
|
|
|
Federal Realty Investment Trust |
|
50,000 |
|
3,500,000 |
|
|
|
Plum Creek Timber Co., Inc. |
|
175,000 |
|
6,212,500 |
|
|
|
Public Storage, Inc. |
|
75,000 |
|
5,692,500 |
|
|
|
Rayonier, Inc. |
|
112,500 |
|
4,264,875 |
|
|
|
|
|
|
|
$ |
27,460,875 |
|
|
Road & Rail — 1.3% |
|
|
|
|
|
|
|
Canadian National Railway Co. |
|
125,000 |
|
5,468,750 |
|
|
|
|
|
|
|
$ |
5,468,750 |
|
|
Specialty Retail — 1.7% |
|
|
|
|
|
|
|
Home Depot, Inc. |
|
200,000 |
|
7,158,000 |
|
|
|
|
|
|
|
$ |
7,158,000 |
|
|
Textiles, Apparel & Luxury Goods — 1.6% |
|
|
|
|
|
|
|
VF Corp. |
|
100,000 |
|
6,792,000 |
|
|
|
|
|
|
|
$ |
6,792,000 |
|
|
Tobacco — 2.7% |
|
|
|
|
|
|
|
Altria Group, Inc. |
|
150,000 |
|
11,014,500 |
|
|
|
|
|
|
|
$ |
11,014,500 |
|
|
Water Utilities — 1.1% |
|
|
|
|
|
|
|
Severn Trent PLC |
|
200,000 |
|
4,325,056 |
|
|
|
|
|
|
|
$ |
4,325,056 |
|
|
Wireless Telecommunication Services — 1.9% |
|
|
|
|
|
|
|
Sprint Nextel Corp. |
|
400,000 |
|
7,996,000 |
|
|
|
|
|
|
|
$ |
7,996,000 |
|
|
Total Common Stocks |
|
|
|
$ |
473,947,049 |
|
Preferred Stocks — 19.2%
|
Security |
|
Shares |
|
Value |
|
|
|
Capital Markets — 1.2% |
|
|
|
|
|
|
|
UBS Preferred Funding Trust I, 8.622% (1)(2) |
|
43,700 |
|
4,877,318 |
|
|
|
|
|
|
|
$ |
4,877,318 |
|
|
Commercial Banks — 9.6% |
|
|
|
|
|
|
|
ABN AMRO North America Capital Funding Trust, 6.968% (2)(3) |
|
950 |
|
982,656 |
|
|
|
Banco Santander, 6.41% |
|
140,000 |
|
3,360,000 |
|
|
|
Barclays Bank PLC, 8.55% (1)(2)(3) |
|
55,000 |
|
6,090,287 |
|
|
|
BNP Paribas Capital Trust, 9.003% (1)(2)(3) |
|
35,000 |
|
4,056,573 |
|
|
|
CA Preferred Fund Trust, 7.00% (1) |
|
55,000 |
|
5,449,835 |
|
|
3
|
Den Norske Bank, 7.729% (1)(2)(3) |
|
36,000 |
|
$ |
4,011,012 |
|
|
First Republic Bank, 6.70% |
|
30,000 |
|
753,000 |
|
|
|
HSBC Capital Funding LP, 9.547% (1)(2)(3) |
|
40,000 |
|
4,677,228 |
|
|
|
Lloyds TSB Bank PLC, 6.90% (1) |
|
40,000 |
|
3,950,788 |
|
|
|
Royal Bank of Scotland Group PLC, 9.118% (1) |
|
50,000 |
|
5,608,725 |
|
|
|
US Bancorp, Series B, 5.56% (2) |
|
20,000 |
|
500,000 |
|
|
|
|
|
|
|
$ |
39,440,104 |
|
|
Diversified Financial Services — 0.4% |
|
|
|
|
|
|
|
ING Group NV, 6.125% |
|
35,000 |
|
797,650 |
|
|
|
ING Group NV, 7.20% |
|
30,000 |
|
765,300 |
|
|
|
|
|
|
|
$ |
1,562,950 |
|
|
Food Products — 1.0% |
|
|
|
|
|
|
|
Dairy Farmers of America, 7.875% (3) |
|
45,000 |
|
4,095,000 |
|
|
|
|
|
|
|
$ |
4,095,000 |
|
|
Gas Utilities — 0.2% |
|
|
|
|
|
|
|
Southern Union Co., 7.55% |
|
40,000 |
|
1,019,600 |
|
|
|
|
|
|
|
$ |
1,019,600 |
|
|
Insurance — 6.1% |
|
|
|
|
|
|
|
ACE, Ltd., 7.80% |
|
11,000 |
|
284,350 |
|
|
|
Aegon NV, 6.375% |
|
80,000 |
|
1,875,200 |
|
|
|
Aegon NV, 6.50% |
|
15,000 |
|
357,300 |
|
|
|
Arch Capital Group, Ltd., 8.00% |
|
13,000 |
|
330,720 |
|
|
|
Arch Capital Group, Ltd., Series B, 7.875% |
|
2,000 |
|
49,400 |
|
|
|
AXA, 7.10% (1) |
|
45,000 |
|
4,445,775 |
|
|
|
Endurance Specialty Holdings, Ltd., 7.75% |
|
18,750 |
|
452,063 |
|
|
|
ING Capital Funding Trust III, 8.439% (1)(2) |
|
37,500 |
|
4,265,400 |
|
|
|
MetLife, Inc., 6.329% (2) |
|
81,000 |
|
2,087,370 |
|
|
|
MetLife, Inc., 6.50% |
|
39,000 |
|
960,570 |
|
|
|
PartnerRe, Ltd., 6.50% |
|
120,000 |
|
2,742,000 |
|
|
|
Prudential PLC, 6.50% (1) |
|
18,000 |
|
1,662,599 |
|
|
|
RenaissanceRe Holdings, Ltd., 6.08% |
|
148,000 |
|
3,235,280 |
|
|
|
Zurich Regcaps Fund Trust V, 5.88% (2)(3) |
|
2,500 |
|
2,544,531 |
|
|
|
|
|
|
|
$ |
25,292,558 |
|
|
Thrifts & Mortgage Finance — 0.7% |
|
|
|
|
|
|
|
Federal National Mortgage Association, Series K, 5.396% (2) |
|
60,000 |
|
3,006,000 |
|
|
|
|
|
|
|
$ |
3,006,000 |
|
|
Total Preferred Stocks |
|
|
|
$ |
79,293,530 |
|
4
Short-Term Investments — 1.3%
|
|
Principal |
|
|
|
|||
|
|
|
Amount |
|
|
|
||
|
Security |
|
(000’s omitted) |
|
Value |
|
||
|
Investors Bank and Trust Company Time Deposit, 5.30%, 7/3/06 |
|
$ |
2,000 |
|
$ |
2,000,000 |
|
|
Pitney Bowes, Inc., Commercial Paper, 5.32%, 7/3/06 |
|
656 |
|
655,806 |
|
||
|
Societe Generale Time Deposit, 5.281%, 7/3/06 |
|
2,684 |
|
2,684,000 |
|
||
|
Total
Short-Term Investments |
|
|
|
$ |
5,339,806 |
|
|
|
Total
Investments — 135.7% |
|
|
|
$ |
558,580,385 |
|
|
|
Other Assets, Less Liabilities — (0.5)% |
|
|
|
$ |
(1,986,678 |
) |
|
|
Auction Preferred Shares Plus Cumulative Unpaid Dividends — (35.2)% |
|
|
|
$ |
(145,096,166 |
) |
|
|
Net Assets — 100.0% |
|
|
|
$ |
411,497,541 |
|
|
|
ADR |
— |
American Depository Receipt |
|
REIT |
— |
Real Estate Investment Trust |
|
(1) |
|
Security valued at fair value using methods determined in good faith by or at the direction of the Trustees. |
|
(2) |
|
Variable rate security. The stated interest rate represents the rate in effect at June 30, 2006. |
|
(3) |
|
Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At June 30, 2006, the aggregate value of the securities is $26,457,287 or 6.4% of the Fund’s net assets. |
5
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund as of June 30, 2006
PORTFOLIO OF INVESTMENTS (Unaudited)
Country Concentration of Portfolio
|
|
Percentage of |
|
|
|
||
|
Country |
|
Total Investments |
|
Value |
|
|
|
United States |
|
67.33 |
% |
$ |
376,086,104 |
|
|
Canada |
|
10.11 |
% |
56,478,500 |
|
|
|
United Kingdom |
|
7.28 |
% |
40,696,051 |
|
|
|
France |
|
3.96 |
% |
22,101,006 |
|
|
|
Bermuda |
|
3.23 |
% |
18,025,712 |
|
|
|
Switzerland |
|
1.96 |
% |
10,970,000 |
|
|
|
Denmark |
|
1.70 |
% |
9,490,619 |
|
|
|
Other countries, less than 1% |
|
4.43 |
% |
24,732,393 |
|
|
|
|
|
100.00 |
% |
$ |
558,580,385 |
|
The Fund did not have any open financial instruments at June 30, 2006.
The cost and unrealized appreciation (depreciation) of investments of the Fund at June 30, 2006, as determined on a federal income tax basis, were as follows:
|
Aggregate cost |
|
$ |
425,327,925 |
|
|
Gross unrealized appreciation |
|
$ |
139,735,867 |
|
|
Gross unrealized depreciation |
|
(6,483,407 |
) |
|
|
Net unrealized appreciation |
|
$ |
133,252,460 |
|
The unrealized gain on foreign currency as of June 30, 2006 is $12,589.
6
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.
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 Advantaged Global Dividend Opportunities Fund
|
By: |
|
/s/ Duncan W. Richardson |
|
|
|
Duncan W. Richardson |
|
|
|
President and Principal Executive Officer |
|
Date: |
|
August 24, 2006 |
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: |
|
August 24, 2006 |
|
By: |
|
/s/ Barbara E. Campbell |
|
|
|
Barbara E. Campbell |
|
|
|
Treasurer and Principal Financial Officer |
|
Date: |
|
August 24, 2006 |