Edgar Filing: Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-CSR

CERTIFIED SHAREHOLDER REPORT 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)

Maureen A. Gemma The Eaton Vance Building, 255 State Street, Boston, Massachusetts 02109
(Name and address of agent for service)

Registrant’s telephone number, including area code:				(617) 482-8260

Date of fiscal year end:	December 31

Date of reporting period:		June 30, 2008

Item 1. Reports to Stockholders

Semiannual Report June 30, 2008

EATON VANCE
TAX-MANAGED
GLOBAL
BUY-WRITE
OPPORTUNITIES
FUND

IMPORTANT NOTICES REGARDING PRIVACY,
DELIVERY OF SHAREHOLDER DOCUMENTS,
PORTFOLIO HOLDINGS AND PROXY VOTING

Privacy. The Eaton Vance organization is committed to ensuring your financial privacy. Each of the financial institutions identified below has in effect the following policy ("Privacy Policy") with respect to nonpublic personal information about its customers:

• Only such information received from you, through application forms or otherwise, and information about your Eaton Vance fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions.

• None of such information about you (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service your account). In the normal course of servicing a customer's account, Eaton Vance may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker/dealers.

• Policies and procedures (including physical, electronic and procedural safeguards) are in place that are designed to protect the confidentiality of such information.

• We reserve the right to change our Privacy Policy at any time upon proper notification to you. Customers may want to review our Policy periodically for changes by accessing the link on our homepage: www.eatonvance.com.

Our pledge of privacy applies to the following entities within the Eaton Vance organization: the Eaton Vance Family of Funds, Eaton Vance Management, Eaton Vance Investment Counsel, Boston Management and Research, and Eaton Vance Distributors, Inc.

In addition, our Privacy Policy only applies to those Eaton Vance customers who are individuals and who have a direct relationship with us. If a customer's account (i.e., fund shares) is held in the name of a third-party financial adviser/broker-dealer, it is likely that only such adviser's privacy policies apply to the customer. This notice supersedes all previously issued privacy disclosures.

For more information about Eaton Vance's Privacy Policy, please call 1-800-262-1122.

Delivery of Shareholder Documents. The Securities and Exchange Commission (the "SEC")permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called "householding" and it helps eliminate duplicate mailings to shareholders.

Eaton Vance, or your financial adviser, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial adviser, otherwise.

If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-262-1122, or contact your financial adviser.

Your instructions that householding not apply to delivery of your Eaton Vance documents will be effective within 30 days of receipt by Eaton Vance or your financial adviser.

Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio (if applicable) will file a schedule of its portfolio holdings on Form N-Q with the SEC for the first and third quarters of each fiscal year. The Form N-Q will be available on the Eaton Vance website www.eatonvance.com, by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the SEC's website at www.sec.gov. Form N-Q may also be reviewed and copied at the SEC's public reference room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the public reference room).

Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds' and Portfolios' Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12 month period ended June 30, without charge, upon request, by calling 1-800-262-1122. This description is also available on the SEC's website at www.sec.gov.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

INVESTMENT UPDATE


Walter A. Row, CFA Eaton Vance Management Co-Portfolio Manager


Thomas Seto Parametric Portfolio Associates LLC Co-Portfolio Manager


Ronald M. Egalka Rampart Investment Management Co-Portfolio Manager


David Stein, Ph.D. Parametric Portfolio Associates LLC Co-Portfolio Manager

Economic and Market Conditions

· Equity markets remained challenging during the first half of the year, as concerns surrounding ailing credit markets, elevated commodity prices and a slowing global economy failed to abate. The equity markets suffered their worst quarterly loss in more than five years in the first quarter of 2008. The second quarter remained difficult, as investors dealt with ongoing turmoil in the financial and housing markets, creeping inflation and a continuing global economic slowdown. Major indices registered declines in the first half of the year, and the S&P 500 Index – a common gauge of U.S. domestic markets – lost 11.9% during the period. In this environment, small-cap stocks continued to lead large-cap stocks, and growth stocks outpaced their value counterparts. Foreign markets, as represented by the Morgan Stanley Capital International Europe, Far East and Australasia Index, registered declines in the first half of 2008. In Europe, markets fell under the weight of rising oil prices, higher inflation and declining corporate profits. The Japanese market also posted negative returns, as investors reacted to rising energy costs, continuing losses in the financial sector and concerns that a stronger Yen could hurt Japan’s exports of consumer electronics.

· The S&P 500 Index’s sector performance varied widely during the period, with commodity-linked energy and materials sectors faring the best and registering the Index’s only positive sector returns. The weakest-performing sectors were financials, telecommunication services and industrials. Index-leading industries during the period included energy equipment and services, gas utilities, road and rail, and metals and mining. In contrast, industries such as thrift and mortgage finance, automobiles, health care providers, and diversified financials were among the period’s worst performers.

Management Discussion

· The Fund’s primary objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing in a diversified portfolio of common stocks, including stocks of U.S. issuers (the “U.S. Segment”) and stocks of non-U.S. issuers (the “International Segment”). Under normal market conditions, the Fund seeks to generate current earnings in part by employing an options strategy of writing index call options on a substantial portion of the value of the Fund’s total investments. During the six months ended June 30, 2008, the Fund continued to provide shareholders with attractive quarterly distributions.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Total Return Performance 12/31/07 – 6/30/08

NYSE Symbol		ETW
At Net Asset Value (NAV)		-6.96		%
At Market		-4.94		%
S&P 500 Index(1)		-11.90		%
CBOE S&P 500 Buy-Write Index(1)		-5.89		%
CBOE NASDAQ 100 Buy-Write Index(1)		-10.00		%
FTSE Eurotop 100 Index(1)		-11.40		%
Lipper Options Arbitrage/Options Strategies Average(1)		-7.90		%
Total Distributions per share		$	0.900
Distribution Rate(2)	On NAV	10.40		%
	On Market	11.54		%

See page 3 for more performance information.

(1)	It is not possible to invest directly in an Index or a Lipper Classification. The Indices’ total returns do not reflect commissions or expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. The return for the FTSE Eurotop 100 Index is calculated in U.S. dollars. The Lipper total return is the average total return, at net asset value, of the funds that are in the same Lipper Classification as the Fund.

(2)	The Distribution Rate is based on the Fund’s most recent quarterly distribution per share (annualized) divided by the Fund’s NAV or market price at the end of the period. The Fund’s quarterly distributions may be comprised of ordinary income, net realized capital gains and return of capital.

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or share price (as applicable) with all distributions reinvested. The Fund’s performance at market share price will differ from its results at NAV. Although share price performance generally reflects investment results over time, during shorter periods, returns at share price can also be affected by factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for the Fund’s shares, or changes in Fund distributions. The Fund has no current intention to utilize leverage, but may do so in the future through borrowings and/or other permitted methods. Investment return and principal value will fluctuate so that shares, when sold, 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 return. For performance as of the most recent month end, please refer to www.eatonvance.com.

Fund shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.

INVESTMENT UPDATE

· At net asset value (NAV), the Fund outperformed the S&P 500 Index, the CBOE NASDAQ 100 Buy-Write Index and the FTSE Eurotop 100 Index, while under-performing the CBOE S&P 500 Buy-Write Index for the six months ended June 30, 2008. In a continued volatile market environment, the Fund’s market share price – like some other closed-end funds – traded at a discount to NAV, as investors responded with caution to increasing market volatility. At June 30, 2008, the discount was 9.8%. At June 30, 2008, the Fund held a diversified portfolio encompassing a broad range of the U.S. economy, as well as investments in a variety of foreign countries. The Fund’s investments in the U.S. Segment constituted approximately 52% of total investments. The Fund’s investments in the International Segment represented approximately 48% of total investments. The majority of the Fund’s non-U.S. investments were divided between European markets and Japan. Among the Fund’s common stock holdings, its largest sector weightings at June 30, 2008 were information technology, financials, health care, energy and industrials.

· At June 30, 2008, the Fund had written call options on 99.6% of its equity holdings. The Fund seeks current earnings from option premiums, which may vary with investors’ expectation of the future volatility of the underlying asset. The first six months of 2008 witnessed continued higher levels of volatility in the equity markets. Surging oil prices and continued softness in the housing sector coupled with concerns about regional banks and an increasing anxiety about a possible recession led to dismal equity performance in the first half of the year. While there were fits and starts in the first four months of the year, “implied volatility”, or the expectation of future volatility, spiked almost 50% in the last six weeks of the second quarter as the broad market averages, measured by the S&P 500 Index, declined 10%. This resulted in a significant boost to option premiums, which provided a positive benefit to the Fund. Of course, in future periods of strong market growth, this strategy may lessen returns relative to the market.

The views expressed throughout this report are those of the portfolio managers and are current only through the end of the period of the report as stated on the cover. These views are subject to change at any time based upon market or other conditions, and the investment adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on many factors, may not be relied on as an indication of trading intent on behalf of any Eaton Vance fund. Portfolio information provided in the report may not be representative of the Fund’s current or future investments and may change due to active management.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

FUND PERFORMANCE

Fund performance

NYSE Symbol	ETW
Average Annual Total Returns (by share price, New York Stock Exchange)
Six Months	-4.94	%
One Year	-10.69
Life of Fund (9/30/05)	2.51

Average Annual Total Returns (at net asset value)
Six Months	-6.96	%
One Year	-3.83
Life of Fund (9/30/05)	6.43

Fund Composition

Top Ten Holdings(1)

By total investments

Apple, Inc.	3.8	%
Microsoft Corp.	2.1
QUALCOMM, Inc.	1.8
Google, Inc., Class A	1.7
Total SA	1.6
Exxon Mobil Corp.	1.5
Nestle SA	1.4
HSBC Holdings PLC	1.3
Gilead Sciences, Inc.	1.3
Cisco Systems, Inc.	1.3

(1)

Top Ten Holdings represented 17.8% of the Fund’s total investments as of 6/30/08. The Top Ten Holdings are presented without the offsetting effect of the Fund’s written option positions at 6/30/08. Excludes cash equivalents.

Sector Weightings(2)

By total Investments

(2)

Reflects the Fund’s total investments as of 6/30/08. Sector Weightings are presented without the offsetting effect of the Fund’s written option positions at 6/30/08. Excludes cash equivalents.

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or share price (as applicable) with all distributions reinvested. The Fund’s performance at market share price will differ from its results at NAV. Although share price performance generally reflects investment results over time, during shorter periods, returns at share price can also be affected by factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for the Fund’s shares, or changes in Fund distributions. The Fund has no current intention to utilize leverage, but may do so in the future through borrowings and/or other permitted methods. Investment return and principal value will fluctuate so that shares, when sold, 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 the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 99.7%
Security	Shares		Value
Aerospace & Defense — 0.9%
Finmeccanica SpA		30,000	$	784,926
General Dynamics Corp.		78,611		6,619,046
Honeywell International, Inc.		106,620		5,360,854
Rockwell Collins, Inc.		59,584		2,857,649
			$	15,622,475
Air Freight & Logistics — 0.9%
CH Robinson Worldwide, Inc.		84,275	$	4,621,641
Deutsche Post AG		241,842		6,318,684
Expeditors International of Washington, Inc.		60,642		2,607,606
FedEx Corp.		28,786		2,268,049
Yamato Holdings Co., Ltd.		64,701		904,690
			$	16,720,670
Airlines — 0.0%
Japan Airlines Corp.⁽¹⁾		335,000	$	704,817
			$	704,817
Auto Components — 0.4%
Aisin Seiki Co., Ltd.		7,600	$	250,074
Cooper Tire and Rubber Co.		30,158		236,439
Denso Corp.		83,300		2,873,839
Johnson Controls, Inc.		114,456		3,282,598
NGK Spark Plug Co., Ltd.		20,000		230,598
Stanley Electric Co., Ltd.		17,200		417,701
Toyoda Gosei Co., Ltd.		5,900		172,954
Toyota Industries Corp.		9,000		289,453
			$	7,753,656
Automobiles — 1.6%
DaimlerChrysler AG		188,560	$	11,703,744
Harley-Davidson, Inc.		45,565		1,652,187
Honda Motor Co., Ltd.		129,800		4,437,163
Isuzu Motors, Ltd.		59,000		284,597
Suzuki Motor Corp.		60,100		1,425,859
Toyota Motor Corp.		84,207		3,981,658
Volkswagen AG		21,183		6,122,946
Volkswagen AG (Preference Shares)		3,759		544,710
			$	30,152,864

Security	Shares		Value
Beverages — 1.2%
Carlsberg A/S, Class B		8,103	$	781,079
Coca-Cola Co. (The)		19,951		1,037,053
Heineken NV		30,199		1,538,915
Ito En, Ltd.		37,800		596,450
Kirin Holdings Co., Ltd.		83,000		1,300,100
Pepsi Bottling Group, Inc.		19,042		531,653
PepsiCo, Inc.		140,963		8,963,837
Pernod-Ricard SA		16,230		1,657,344
SABMiller PLC		136,622		3,118,740
Sapporo Holdings, Ltd.		160,000		1,122,101
Takara Holdings, Inc.		137,000		862,059
			$	21,509,331
Biotechnology — 2.3%
Amgen, Inc.⁽¹⁾		16,201	$	764,039
Amylin Pharmaceuticals, Inc.⁽¹⁾		36,511		927,014
Biogen Idec, Inc.⁽¹⁾		95,284		5,325,423
Celgene Corp.⁽¹⁾		98,231		6,274,014
Cephalon, Inc.⁽¹⁾		30,857		2,057,853
CV Therapeutics, Inc.⁽¹⁾		50,000		411,500
Gilead Sciences, Inc.⁽¹⁾		439,064		23,248,439
ImClone Systems, Inc.⁽¹⁾		20,000		809,200
Martek Biosciences Corp.⁽¹⁾		12,388		417,599
Regeneron Pharmaceuticals, Inc.⁽¹⁾		124,547		1,798,459
			$	42,033,540
Building Products — 0.2%
Asahi Glass Co., Ltd.		156,497	$	1,897,917
Central Glass Co., Ltd.		80,000		327,059
JS Group Corp.		25,600		408,291
Masco Corp.		59,062		929,045
Sanwa Shutter Corp.		86,000		326,803
			$	3,889,115
Capital Markets — 2.0%
American Capital Strategies, Ltd.		46,997	$	1,117,119
Bank of New York Mellon Corp. (The)		126,879		4,799,833
Charles Schwab Corp. (The)		56,270		1,155,786
Daiwa Securities Group, Inc.		113,000		1,040,889
Federated Investors, Inc., Class B		15,936		548,517
Franklin Resources, Inc.		43,596		3,995,573
Goldman Sachs Group, Inc.		31,002		5,422,250

See notes to financial statements
4

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Capital Markets (continued)
Jafco Co., Ltd.		3,200	$	109,747
Merrill Lynch & Co., Inc.		85,000		2,695,350
Morgan Stanley		36,593		1,319,910
Nomura Holdings, Inc.		89,400		1,326,116
Northern Trust Corp.		66,797		4,580,270
Shinko Securities Co., Ltd.		107,000		316,016
UBS AG⁽¹⁾		367,577		7,681,841
			$	36,109,217
Chemicals — 2.0%
Air Products and Chemicals, Inc.		9,559	$	945,003
BASF AG		249,622		17,216,295
Daicel Chemical Industries, Ltd.		62,000		349,836
Dainippon Ink and Chemicals, Inc.		120,000		348,828
Dow Chemical Co. (The)		73,566		2,568,189
E.I. Du Pont de Nemours & Co.		19,328		828,978
Eastman Chemical Co.		11,375		783,282
Ecolab, Inc.		22,890		984,041
Kaneka Corp.		154,000		1,050,817
Kansai Paint Co., Ltd.		86,000		596,517
Mitsubishi Chemical Holdings Corp.		35,000		204,151
Mitsubishi Rayon Co., Ltd.		273,000		862,569
Monsanto Co.		27,285		3,449,915
Nippon Shokubai Co., Ltd.		138,000		991,637
Nissan Chemical Industries, Ltd.		61,000		751,921
Nitto Denko Corp.		5,000		192,528
Rohm and Haas Co.		12,829		595,779
Shin-Etsu Chemical Co., Ltd.		61,500		3,822,867
Sumitomo Bakelite Co., Ltd.		39,000		213,055
Taiyo Nippon Sanso Corp.		72,000		601,767
			$	37,357,975
Commercial Banks — 6.0%
Banco Santander Central Hispano SA		981,734	$	17,923,331
Bank of Yokohama, Ltd.		113,000		782,753
Barclays PLC		1,068,873		6,059,090
Bayerische Hypo-Und Vereinsbank AG⁽¹⁾		7,807		496,157
BB&T Corp.		82,529		1,879,185
BNP Paribas SA		142,080		12,798,525
Credit Agricole SA		152,288		3,093,664
DnB NOR ASA		105,036		1,334,327
Fifth Third Bancorp		132,860		1,352,515

Security	Shares		Value
Commercial Banks (continued)
HBOS PLC		367,873	$	2,012,331
HSBC Holdings PLC		1,570,038		24,154,263
Intesa Sanpaolo RNC		182,000		938,468
Intesa Sanpaolo SpA		1,291,944		7,349,620
Joyo Bank, Ltd.		37,000		180,496
KeyCorp		55,394		608,226
Lloyds TSB Group PLC		970,946		5,951,963
Marshall & Ilsley Corp.		36,714		562,826
Mitsui Trust Holdings, Inc.		145,000		865,114
Natixis		48,829		537,877
Popular, Inc.		28,772		189,607
Regions Financial Corp.		39,761		433,793
Resona Holdings, Inc.		445		684,650
Royal Bank of Scotland PLC		343,985		1,463,151
Societe Generale		116,380		10,097,065
Sumitomo Trust and Banking Co., Ltd.		150,955		1,056,381
Synovus Financial Corp.		77,625		677,666
UniCredit SpA		522,068		3,177,875
Wachovia Corp.		33,000		512,490
Wells Fargo & Co.		110,189		2,616,989
Zions Bancorporation		25,092		790,147
			$	110,580,545
Commercial Services & Supplies — 1.0%
Adecco SA		11,692	$	579,633
Avery Dennison Corp.		23,372		1,026,732
Dai Nippon Printing Co., Ltd.		51,000		752,105
Equifax, Inc.		15,217		511,596
Half (Robert) International, Inc.		36,951		885,715
Manpower, Inc.		23,198		1,351,052
Randstad Holdings NV		17,043		593,542
Rentokil Initial PLC		2,511,211		4,942,037
RR Donnelley & Sons Co.		70,366		2,089,167
SECOM Co., Ltd.		69,300		3,381,210
Serco Group PLC		144,136		1,277,961
Waste Management, Inc.		18,690		704,800
			$	18,095,550
Communications Equipment — 4.8%
Cisco Systems, Inc.⁽¹⁾		999,233	$	23,242,160
Corning, Inc.		13,370		308,179
Harris Corp.		47,813		2,414,078

See notes to financial statements
5

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Communications Equipment (continued)
Nokia Oyj		434,865	$	10,612,998
QUALCOMM, Inc.		724,882		32,163,014
Research In Motion, Ltd.⁽¹⁾		167,739		19,608,689
Riverbed Technology, Inc.⁽¹⁾		15,921		218,436
			$	88,567,554
Computer Peripherals — 5.5%
Apple, Inc.⁽¹⁾		411,813	$	68,953,969
Brocade Communications Systems, Inc.⁽¹⁾		76,415		629,660
EMC Corp.⁽¹⁾		279,905		4,111,804
Fujitsu, Ltd.		153,121		1,138,980
Hewlett-Packard Co.		247,871		10,958,377
International Business Machines Corp.		81,602		9,672,285
Mitsumi Electric Co., Ltd.		20,400		455,590
NEC Corp.		168,000		883,575
NetApp, Inc.⁽¹⁾		24,665		534,244
Palm, Inc.		54,994		296,418
SanDisk Corp.⁽¹⁾		53,957		1,008,996
Seagate Technology		85,910		1,643,458
Toshiba Corp.		187,431		1,385,128
			$	101,672,484
Construction & Engineering — 0.2%
Amec PLC		74,000	$	1,302,868
JGC Corp.		64,000		1,262,407
Obayashi Corp.		241,000		1,094,133
Skanska AB		43,000		614,004
			$	4,273,412
Construction Materials — 0.3%
Cemex SAB de CV ADR⁽¹⁾		88,811	$	2,193,632
Lafarge SA		10,540		1,608,337
Vulcan Materials Co.		27,988		1,673,123
			$	5,475,092
Consumer Finance — 0.2%
Cattles PLC		141,322	$	374,116
Credit Saison Co., Ltd.		63,000		1,323,774
Mitsubishi UFJ Nicos Co., Ltd.⁽¹⁾		38,000		125,928
Student Loan Corp.		16,049		1,574,086
			$	3,397,904

Security	Shares		Value
Containers & Packaging — 0.1%
Bemis Co., Inc.		21,337	$	478,376
Toyo Seikan Kaisha, Ltd.		71,300		1,260,844
			$	1,739,220
Distributors — 0.1%
Genuine Parts Co.		56,294	$	2,233,746
			$	2,233,746
Diversified Consumer Services — 0.1%
Corinthian Colleges, Inc.⁽¹⁾		48,836	$	566,986
H&R Block, Inc.		65,199		1,395,259
Regis Corp.		10,423		274,646
			$	2,236,891
Diversified Financial Services — 1.6%
Bank of America Corp.		270,451	$	6,455,665
CITGroup, Inc.		59,215		403,254
Citigroup, Inc.		39,613		663,914
CME Group, Inc.		6,433		2,465,061
Fortis		166,380		2,644,695
ING Groep NV		317,107		10,033,170
Investor AB, Class B		78,000		1,639,498
JPMorgan Chase & Co.		114,329		3,922,628
Moody's Corp.		59,015		2,032,477
			$	30,260,362
Diversified Telecommunication Services — 3.1%
AT&T, Inc.		179,440	$	6,045,334
Citizens Communications Co.		462,437		5,244,036
Deutsche Telekom AG		241,922		3,967,920
Embarq Corp.		13,779		651,333
Fairpoint Communications, Inc.		4,648		33,512
France Telecom SA		222,639		6,533,895
Telefonica SA		825,446		21,859,639
Verizon Communications, Inc.		246,478		8,725,321
Windstream Corp.		255,703		3,155,375
			$	56,216,365
Electric Utilities — 1.9%
Duke Energy Corp.		208,933	$	3,631,256
E.ON AG		54,239		10,939,178

See notes to financial statements
6

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Electric Utilities (continued)
Enel SpA		1,137,993	$	10,802,993
Exelon Corp.		21,194		1,906,612
Fortum Oyj		37,386		1,893,631
Hokkaido Electric Power Co.		13,500		275,401
Iberdrola SA		83,468		1,112,887
Kyushu Electric Power Co., Inc.		13,400		280,868
Scottish and Southern Energy PLC		58,381		1,625,280
Shikoku Electric Power Co.		5,700		156,995
Tokyo Electric Power Co., Inc.		21,001		541,661
Union Fenosa SA		20,612		1,198,646
			$	34,365,408
Electrical Equipment — 1.2%
ABB, Ltd.⁽¹⁾		292,174	$	8,294,186
Cooper Industries, Ltd., Class A		30,705		1,212,848
Emerson Electric Co.		180,232		8,912,472
Fuji Electric Holdings Co., Ltd.		162,000		573,759
Furukawa Electric Co., Ltd.		257,000		1,120,545
Hitachi, Ltd.		135,000		973,850
Hitachi Cable, Ltd.		52,000		195,943
Ushio, Inc.		11,500		188,638
			$	21,472,241
Electronic Equipment & Instruments — 0.7%
Electrocomponents PLC		218,327	$	636,233
Kyocera Corp.		73,234		6,920,144
Mabuchi Motor Co., Ltd.		7,700		418,892
Murata Manufacturing Co., Ltd.		6,400		302,456
Omron Corp.		11,800		255,111
TDK Corp.		66,700		3,997,984
Yokogawa Electric Corp.		107,500		986,557
			$	13,517,377
Energy Equipment & Services — 1.1%
Halliburton Co.		168,088	$	8,920,430
Noble Corp.		25,411		1,650,699
Schlumberger, Ltd.		30,905		3,320,124
Transocean, Inc.⁽¹⁾		39,772		6,060,855
			$	19,952,108

Security	Shares		Value
Food & Staples Retailing — 2.1%
Circle K Sunkus Co., Ltd.		16,500	$	291,194
CVS Caremark Corp.		273,973		10,841,112
Familymart Co., Ltd.		10,600		434,620
Koninklijke Ahold NV		122,728		1,646,389
Kroger Co. (The)		129,054		3,725,789
Metro AG		28,658		1,829,502
Safeway, Inc.		93,179		2,660,260
SUPERVALU, Inc.		17,345		535,787
Sysco Corp.		100,301		2,759,281
UNY Co., Ltd.		13,000		128,370
Wal-Mart Stores, Inc.		234,129		13,158,050
			$	38,010,354
Food Products — 2.6%
Campbell Soup Co.		17,968	$	601,209
ConAgra Foods, Inc.		77,043		1,485,389
H.J. Heinz Co.		14,987		717,128
Hershey Co. (The)		85,383		2,798,855
Kraft Foods, Inc., Class A		88,500		2,517,825
Meiji Seika Kaisha, Ltd.		260,851		1,115,471
Morinaga & Co., Ltd.		46,079		88,262
Nestle SA		576,680		26,063,160
Nippon Suisan Kaisha, Ltd.		256,600		1,310,337
Nissin Food Products Co., Ltd.		11,700		392,949
Sara Lee Corp.		32,588		399,203
Toyo Suisan Kaisha, Ltd.		15,000		340,065
Unilever NV		343,720		9,726,695
			$	47,556,548
Gas Utilities — 0.2%
Gas Natural SDG SA		45,614	$	2,650,703
Snam Rete Gas		260,064		1,773,943
			$	4,424,646
Health Care Equipment & Supplies — 1.4%
Advanced Medical Optics, Inc.⁽¹⁾		36,839	$	690,363
Boston Scientific Corp.⁽¹⁾		187,908		2,309,389
Cooper Cos., Inc. (The)		16,718		621,074
Covidien, Ltd.		19,968		956,268
Gen-Probe, Inc.⁽¹⁾		23,579		1,119,531
Hospira, Inc.⁽¹⁾		13,029		522,593
Immucor, Inc.⁽¹⁾		58,135		1,504,534

See notes to financial statements
7

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Health Care Equipment & Supplies (continued)
Intuitive Surgical, Inc.⁽¹⁾		17,782	$	4,790,471
Medtronic, Inc.		123,565		6,394,489
Olympus Optical Corp.		67,000		2,275,241
Terumo Corp.		71,200		3,649,267
Thoratec Corp.⁽¹⁾		59,499		1,034,688
West Pharmaceutical Services, Inc.		14,776		639,505
			$	26,507,413
Health Care Providers & Services — 1.0%
Cardinal Health, Inc.		13,551	$	698,961
DaVita, Inc.⁽¹⁾		20,000		1,062,600
Health Management Associates, Inc., Class A⁽¹⁾		71,075		462,698
Humana, Inc.⁽¹⁾		35,364		1,406,426
IMS Health, Inc.		20,213		470,963
Laboratory Corp. of America Holdings⁽¹⁾		17,446		1,214,765
Lincare Holdings, Inc.⁽¹⁾		56,738		1,611,359
McKesson Corp.		119,157		6,662,068
Medco Health Solutions, Inc.⁽¹⁾		77,226		3,645,067
Omnicare, Inc.		32,075		841,007
UnitedHealth Group, Inc.		42,000		1,102,500
			$	19,178,414
Hotels, Restaurants & Leisure — 1.2%
Accor SA		26,214	$	1,742,606
Carnival Corp., Unit		126,018		4,153,553
Cheesecake Factory, Inc.⁽¹⁾		34,858		554,591
Marriott International, Inc., Class A		70,942		1,861,518
Starbucks Corp.⁽¹⁾		354,913		5,586,331
Starwood Hotels & Resorts Worldwide, Inc.		54,114		2,168,348
Yum! Brands, Inc.		157,714		5,534,184
			$	21,601,131
Household Durables — 0.6%
Barratt Developments PLC		320,959	$	366,768
Clarion Co., Ltd.		47,000		88,661
Daito Trust Construction Co., Ltd.		9,200		446,968
Makita Corp.		13,500		553,423
Pioneer Corp.		76,500		616,461
Pulte Homes, Inc.		46,398		446,813
Ryland Group, Inc.		10,448		227,871
Sharp Corp.		86,000		1,404,290
Snap-On, Inc.		15,120		786,391

Security	Shares		Value
Household Durables (continued)
Sony Corp.		68,300	$	2,998,924
Stanley Works		48,688		2,182,683
			$	10,119,253
Household Products — 1.0%
Colgate-Palmolive Co.		19,867	$	1,372,810
Kao Corp.		114,654		3,015,057
Nippon Sheet Glass		232,000		1,151,806
Procter & Gamble Co.		196,035		11,920,888
Uni-Charm Corp.		8,500		605,663
			$	18,066,224
Independent Power Producers & Energy Traders — 0.1%
AES Corp. (The)⁽¹⁾		64,877	$	1,246,287
			$	1,246,287
Industrial Conglomerates — 2.2%
3M Co.		81,121	$	5,645,210
General Electric Co.		673,171		17,966,934
Hankyu Hanshin Holdings, Inc.		23,128		97,350
Siemens AG		155,733		17,276,615
			$	40,986,109
Insurance — 3.7%
ACE, Ltd.		78,172	$	4,306,495
AFLAC, Inc.		68,355		4,292,694
Aioi Insurance Co., Ltd.		166,000		887,728
Alleanza Assicurazioni SpA		121,297		1,312,939
Allianz SE		30,941		5,446,416
Allstate Corp. (The)		87,349		3,982,241
American International Group, Inc.		156,130		4,131,200
AON Corp.		136,360		6,264,378
Assicurazioni Generali SpA		25,617		979,725
AXA SA		428,404		12,632,089
Cincinnati Financial Corp.		20,643		524,332
CNP Assurances		14,204		1,602,570
Corporacion Mapfre SA		125,662		600,280
Fondiaria - SAI SpA		22,751		750,297
Friends Provident PLC		275,000		555,617
Lincoln National Corp.		3,641		165,010
Marsh & McLennan Cos., Inc.		83,242		2,210,075
Muenchener Rueckversicherungs-Gesellschaft AG		47,495		8,336,137

See notes to financial statements
8

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Insurance (continued)
Prudential PLC		525,459	$	5,537,718
Royal & Sun Alliance Insurance Group		290,000		721,361
T & D Holdings, Inc.		17,500		1,081,242
TrygVesta AS		22,648		1,599,621
			$	67,920,165
Internet & Catalog Retail — 0.4%
Home Retail Group		540,905	$	2,335,378
IAC/InterActiveCorp⁽¹⁾		221,930		4,278,810
			$	6,614,188
Internet Software & Services — 3.0%
Akamai Technologies, Inc.⁽¹⁾		60,662	$	2,110,431
eAccess, Ltd.		158		81,511
eBay, Inc.⁽¹⁾		417,326		11,405,520
Google, Inc., Class A⁽¹⁾		60,763		31,986,858
VeriSign, Inc.⁽¹⁾		130,604		4,936,831
Yahoo!, Inc.⁽¹⁾		205,985		4,255,650
			$	54,776,801
IT Services — 0.7%
Cognizant Technology Solutions Corp.⁽¹⁾		125,529	$	4,080,948
Metavante Technologies, Inc.⁽¹⁾		12,238		276,824
Nomura Research Institute, Ltd.		14,000		328,808
NTT Data Corp.		706		2,768,654
Obic Co., Ltd.		600		101,068
Satyam Computer Services, Ltd. ADR		153,448		3,762,545
Total System Services, Inc.		37,564		834,672
Western Union Co.		40,000		988,800
			$	13,142,319
Leisure Equipment & Products — 0.4%
Eastman Kodak Co.		20,370	$	293,939
Fuji Photo Film Co., Ltd.		90,800		3,132,963
Hasbro, Inc.		26,234		937,078
Mattel, Inc.		31,709		542,858
Nikon Corp.		97,000		2,844,325
			$	7,751,163

Security	Shares		Value
Life Sciences Tools & Services — 0.1%
PerkinElmer, Inc.		27,425	$	763,786
Thermo Fisher Scientific, Inc.⁽¹⁾		12,387		690,328
			$	1,454,114
Machinery — 1.8%
AGCO Corp.⁽¹⁾		44,000	$	2,306,040
Amada Co., Ltd.		38,000		301,127
Daiwa House Industry Co., Ltd.		169,000		1,593,623
Danaher Corp.		1,373		106,133
Dover Corp.		13,219		639,403
Eaton Corp.		46,216		3,926,974
Fanuc, Ltd.		70,627		6,918,856
Illinois Tool Works, Inc.		13,282		631,028
Japan Steel Works, Ltd.		135,000		2,630,181
Kawasaki Heavy Industries, Ltd.		209,000		559,190
Komatsu, Ltd.		93,000		2,601,541
Kurita Water Industries, Ltd.		14,700		546,350
Minebea Co., Ltd.		212,227		1,215,751
NSK, Ltd.		151,000		1,325,313
Pall Corp.		19,443		771,498
Parker Hannifin Corp.		60,996		4,350,235
Terex Corp.⁽¹⁾		17,058		876,269
Vallourec SA		2,492		872,135
			$	32,171,647
Marine — 0.1%
Nippon Yusen KK		175,000	$	1,688,428
			$	1,688,428
Media — 2.0%
British Sky Broadcasting Group PLC		51,500	$	482,284
CBS Corp., Class B		46,764		911,430
Comcast Corp., Class A		526,294		9,983,797
Comcast Corp., Special Class A		158,938		2,981,677
Cumulus Media, Inc., Class A⁽¹⁾		9,590		37,785
Dentsu, Inc.		800		1,700,538
Eniro AB		234,800		848,386
Fuji Television Network, Inc.		68		102,814
Meredith Corp.		10,553		298,544
Omnicom Group, Inc.		82,642		3,708,973
PagesJaunes Groupe SA		90,227		1,320,612
Reed Elsevier NV		88,570		1,483,324

See notes to financial statements
9

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Media (continued)
Television Francaise		75,221	$	1,253,086
Thomson Reuters PLC		87,872		2,341,579
Viacom, Inc., Class B⁽¹⁾		74,912		2,287,812
Walt Disney Co.		214,837		6,702,914
Wolters Kluwer NV		48,339		1,125,915
			$	37,571,470
Metals & Mining — 3.5%
Alcoa, Inc.		49,548	$	1,764,900
Anglo American PLC		165,185		11,591,742
Arcelor Mittal		145,007		14,260,467
Barrick Gold Corp.		20,610		937,755
Companhia Vale do Rio Doce ADR		67,204		2,407,247
Dowa Mining Co., Ltd.		59,701		436,859
Eurasian Natural Resources Corp.⁽¹⁾		75,000		1,974,403
Lonmin PLC		15,000		945,790
Newmont Mining Corp.		35,000		1,825,600
Nippon Light Metal Co., Ltd.		755,000		1,241,177
Rio Tinto PLC		172,642		20,773,170
Sumitomo Metal Industries, Ltd.		241,613		1,065,582
Sumitomo Metal Mining Co., Ltd.		98,000		1,501,584
Teck Cominco, Ltd., Class B		42,905		2,057,295
Toho Titanium		7,000		137,499
Toho Zinc Co., Ltd.		31,000		141,252
Vedanta Resources PLC		23,766		1,025,484
			$	64,087,806
Multiline Retail — 0.4%
Hankyu Department Stores		42,000	$	291,798
J Front Retailing Co., Ltd.		162,000		859,136
Kohl's Corp.⁽¹⁾		20,000		800,800
Nordstrom, Inc.		42,995		1,302,749
PPR SA		12,595		1,391,363
Ryohin Keikaku Co., Ltd.		2,000		107,256
Sears Holdings Corp.⁽¹⁾		37,087		2,731,828
Target Corp.		15,525		721,757
			$	8,206,687
Multi-Utilities — 1.7%
Ameren Corp.		72,149	$	3,046,852
Centrica PLC		307,754		1,891,236
CMS Energy Corp.		185,436		2,762,996

Security	Shares		Value
Multi-Utilities (continued)
Consolidated Edison, Inc.		26,799	$	1,047,573
Dominion Resources, Inc.		58,025		2,755,607
NiSource, Inc.		161,910		2,901,427
NorthWestern Corp.		25,742		654,362
PG&E Corp.		9,132		362,449
Public Service Enterprise Group, Inc.		113,644		5,219,669
Suez SA		38,398		2,617,296
TECO Energy, Inc.		30,971		665,567
United Utilities PLC		429,187		5,835,436
Veolia Environnement		31,200		1,743,023
			$	31,503,493
Office Electronics — 0.3%
Canon, Inc.		96,300	$	4,965,548
Xerox Corp.		38,686		524,582
			$	5,490,130
Oil, Gas & Consumable Fuels — 9.1%
BP PLC		1,787,534	$	20,701,042
Chevron Corp.		86,537		8,578,413
ConocoPhillips		144,488		13,638,222
Cosmo Oil Co., Ltd.		314,000		1,139,600
Dampskibsselskabet Torm		48,954		1,719,101
El Paso Corp.		56,715		1,232,984
ENI SpA		287,820		10,700,061
Exxon Mobil Corp.		322,868		28,454,357
Frontline, Ltd.		15,212		1,067,620
Independent Tankers Corp., Ltd.⁽¹⁾		215		359
Parallel Petroleum Corp.⁽¹⁾		90,562		1,823,013
Royal Dutch Shell PLC		383,980		15,362,745
Royal Dutch Shell PLC, Class A		441,067		18,064,695
Suncor Energy, Inc.		55,090		3,201,831
TonenGeneral Sekiyu KK		64,000		582,377
Total SA		338,485		28,831,398
Western Refining, Inc.		42,934		508,339
Williams Cos., Inc.		159,612		6,433,960
XTO Energy, Inc.		90,000		6,165,900
			$	168,206,017
Paper and Forest Products — 0.1%
International Paper Co.		50,046	$	1,166,072
Mondi PLC		83,504		489,708
			$	1,655,780

See notes to financial statements
10

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Personal Products — 0.3%
Alberto-Culver Co.		11,849	$	311,273
Beiersdorf AG		28,716		2,109,669
Herbalife, Ltd.		21,454		831,343
Oriflame Cosmetics SA		29,484		1,886,375
USANA Health Services, Inc.⁽¹⁾		9,533		256,152
			$	5,394,812
Pharmaceuticals — 5.8%
Abbott Laboratories		155,754	$	8,250,289
Allergan, Inc.		41,914		2,181,624
Astellas Pharma, Inc.		67,800		2,888,103
AstraZeneca PLC		117,029		4,988,831
Bristol-Myers Squibb Co.		330,336		6,781,798
Cardiome Pharma Corp.⁽¹⁾		62,480		549,824
Chugai Pharmaceuticals Co., Ltd.		38,000		608,642
Daiichi Sankyo Co., Ltd.		66,600		1,837,839
Eisai Co., Ltd.		76,646		2,712,038
Eli Lilly & Co.		28,000		1,292,480
Endo Pharmaceuticals Holdings, Inc.⁽¹⁾		42,910		1,037,993
GlaxoSmithKline PLC		722,025		15,947,417
Johnson & Johnson		71,747		4,616,202
King Pharmaceuticals, Inc.⁽¹⁾		62,199		651,224
Medicines Co.⁽¹⁾		62,461		1,237,977
Merck & Co., Inc.		21,660		816,365
Novartis AG		161,420		8,909,024
Pfizer, Inc.		451,391		7,885,801
Roche Holding AG		91,418		16,482,022
Sanofi-Aventis SA		126,955		8,441,899
Santen Pharmaceutical Co., Ltd.		17,000		427,376
Sepracor, Inc.⁽¹⁾		41,990		836,441
Shionogi & Co., Ltd.		96,000		1,904,013
Takeda Pharmaceutical Co., Ltd.		68,131		3,470,992
Tanabe Seiyaku Co., Ltd.		28,000		366,624
Valeant Pharmaceuticals International⁽¹⁾		40,456		692,202
			$	105,815,040
Real Estate Investment Trusts (REITs) — 0.3%
Host Hotels & Resorts, Inc.		33,128	$	452,197
Japan Real Estate Investment Corp.		50		528,995
Japan Retail Fund Investment Corp.		50		288,781
Nippon Building Fund, Inc.		56		661,509
Simon Property Group, Inc.		35,779		3,216,174
			$	5,147,656

Security	Shares		Value
Real Estate Management & Development — 0.3%
Heiwa Real Estate Co., Ltd.		104,000	$	517,025
Kungsleden AB		90,902		671,271
Mitsubishi Estate Co., Ltd.		76,000		1,742,946
Sumitomo Realty & Development Co., Ltd.		92,000		1,833,271
Tokyu Land Corp.		26,000		148,301
			$	4,912,814
Road & Rail — 0.6%
CSX Corp.		48,354	$	3,037,115
East Japan Railway Co.		94		766,959
Keio Corp.		139,000		704,636
Kinetsu Corp.		91,000		285,942
Nippon Express Co., Ltd.		131,000		630,210
Norfolk Southern Corp.		41,055		2,572,917
Ryder System, Inc.		14,154		974,928
Seino Holdings Corp.		72,000		440,399
Tobu Railway Co., Ltd.		154,000		731,274
			$	10,144,380
Semiconductors & Semiconductor Equipment — 3.3%
Advantest Corp.		146,800	$	3,099,515
Applied Materials, Inc.		393,986		7,521,193
Atheros Communications, Inc.⁽¹⁾		66,024		1,980,720
Broadcom Corp., Class A⁽¹⁾		117,049		3,194,267
Intel Corp.		991,292		21,292,952
KLA-Tencor Corp.		154,838		6,303,455
Marvell Technology Group, Ltd.⁽¹⁾		256,978		4,538,231
MEMC Electronic Materials, Inc.⁽¹⁾		74,411		4,579,253
Microchip Technology, Inc.		26,241		801,400
NVIDIA Corp.⁽¹⁾		148,404		2,778,123
ROHM Co., Ltd.		1,500		86,756
Tokyo Electron, Ltd.		66,100		3,818,330
Tokyo Seimitsu Co., Ltd.		21,700		352,018
Veeco Instruments, Inc.⁽¹⁾		23,763		382,109
			$	60,728,322
Software — 4.7%
Autodesk, Inc.⁽¹⁾		159,932	$	5,407,301
CA, Inc.		43,249		998,619
Cadence Design Systems, Inc.⁽¹⁾		69,562		702,576
Compuware Corp.⁽¹⁾		52,384		499,743
Electronic Arts, Inc.⁽¹⁾		123,254		5,476,175
Fuji Soft ABC, Inc.		10,900		192,605

See notes to financial statements
11

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Security	Shares		Value
Software (continued)
i2 Technologies, Inc.⁽¹⁾		44,780	$	556,615
Konami Corp.		80,300		2,813,363
Microsoft Corp.		1,427,724		39,276,687
NAVTEQ Corp.⁽¹⁾		64,478		4,964,806
Nintendo Co., Ltd.		1,600		908,858
Oracle Corp.⁽¹⁾		979,470		20,568,870
Oracle Corp. Japan		10,800		441,047
TiVo, Inc.⁽¹⁾		242,835		1,498,292
Trend Micro, Inc.		62,897		2,077,687
			$	86,383,244
Specialty Retail — 1.4%
Abercrombie & Fitch Co., Class A		15,686	$	983,198
Aoyama Trading Co., Ltd.		4,915		90,849
Autobacs Seven Co., Ltd.		13,300		372,931
Best Buy Co., Inc.		74,789		2,961,644
Fast Retailing Co., Ltd.		66,200		6,291,268
Home Depot, Inc.		114,338		2,677,796
Inditex SA		39,946		1,832,433
Isetan Mitsukoshi Holdings, Ltd., Class L⁽¹⁾		116,600		1,250,641
Kesa Electricals PLC		295,229		924,299
Kingfisher PLC		252,177		558,602
Limited Brands, Inc.		115,104		1,939,502
OfficeMax, Inc.		26,794		372,437
Staples, Inc.		194,492		4,619,185
Tiffany & Co.		13,839		563,939
TJX Companies, Inc. (The)		25,596		805,506
Yamada Denki Co., Ltd.		2,300		164,149
			$	26,408,379
Textiles, Apparel & Luxury Goods — 0.5%
Asics Corp.		8,777	$	96,092
Coach, Inc.⁽¹⁾		47,222		1,363,771
Compagnie Financiere Richemont AG, Class A		33,833		1,883,027
Hanesbrands, Inc.⁽¹⁾		4,073		110,541
Nike, Inc., Class B		66,150		3,943,202
Swatch Group AG, Class B		6,168		1,538,160
Toyobo Co., Ltd.		290,000		572,382
			$	9,507,175
Thrifts & Mortgage Finance — 0.3%
Countrywide Financial Corp.		106,423	$	452,298
Federal National Mortgage Association		78,740		1,536,217

Security	Shares		Value
Thrifts & Mortgage Finance (continued)
Freddie Mac		66,535	$	1,091,174
MGIC Investment Corp.		43,405		265,205
Sovereign Bancorp, Inc.		196,914		1,449,287
Washington Mutual, Inc.		80,000		394,400
			$	5,188,581
Tobacco — 0.7%
Altria Group, Inc.		127,887	$	2,629,357
Imperial Tobacco Group PLC		46,553		1,727,916
Philip Morris International, Inc.		127,887		6,316,339
Swedish Match AB		64,387		1,313,732
UST, Inc.		21,669		1,183,344
			$	13,170,688
Trading Companies & Distributors — 0.4%
ITOCHU Corp.		116,000	$	1,238,865
Marubeni Corp.		63,000		526,375
Mitsubishi Corp.		52,300		1,726,249
Mitsui & Co., Ltd.		157,962		3,492,313
Toyota Tsusho Corp.		49,991		1,175,350
			$	8,159,152
Transportation Infrastructure — 0.1%
Societe des Autoroutes Paris-Rhin-Rhone		18,585	$	1,765,095
			$	1,765,095
Water Utilities — 0.1%
Severn Trent PLC		52,773	$	1,341,766
			$	1,341,766
Wireless Telecommunication Services — 1.8%
Bouygues SA		19,516	$	1,288,501
KDDI Corp.		673		4,171,207
Millicom International Cellular SA		23,628		2,445,498
Rogers Communications, Inc., Class B		44,217		1,709,429
Softbank Corp.		196,098		3,312,401
Vodafone Group PLC		7,018,130		20,660,111
			$	33,587,147
Total Common Stocks (identified cost $1,639,569,018)			$	1,833,500,757

See notes to financial statements
12

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

PORTFOLIO OF INVESTMENTS (Unaudited) CONT'D

Rights — 0.0%
Security	Shares		Value
Commercial Banks — 0.0%
Barclays PLC, Expires 7/14/2008⁽¹⁾		229,044	$	12,929
HBOS PLC, Expires 7/18/2008⁽¹⁾		147,149		31,482
			$	44,411
Total Rights (identified cost $0)			$	44,411
Total Investments — 99.7% (identified cost $1,639,569,018)			$	1,833,545,168
Covered Call Options Written — (0.2)%

Description	Number of Contracts		Strike Price		Expiration Date	Value
Dow Jones Euro Stoxx 50 Index		33,580	EUR	3,650	7/18/08	$	(116,396	)
FTSE 100 Index		9,023	GBP	6,000	7/18/08		(116,721	)
NASDAQ 100 Index		665	$	1,975	7/19/08		(319,200	)
NASDAQ 100 Index		1,004	$	1,985	7/19/08		(401,600	)
NASDAQ 100 Index		530	$	2,015	7/19/08		(100,700	)
Nikkei 225 Index		1,593,775	JPY	14,600	7/11/08		(89,347	)
S&P 500 Index		1,085	$	1,345	7/19/08		(368,900	)
S&P 500 Index		2,562	$	1,350	7/19/08		(717,360	)
S&P 500 Index		1,015	$	1,370	7/19/08		(116,725	)
S&P 500 Index		145	$	1,375	7/19/08		(12,325	)
SMI Index		5,052	CHF	7,300	7/18/08		(116,554	)
AMEX EUROTOP 100 Index		12,135	$	266	7/15/08		(948,957	)

Total Covered Call Options Written (premiums received $32,758,423)	$	(3,424,785	)
Other Assets, Less Liabilities — 0.5%	$	8,903,065
Net Assets — 100.0%	$	1,839,023,448

ADR - American Depository Receipt

CHF - Swiss Franc

EUR - Euro

GBP - British Pound Sterling

JPY - Japanese Yen

⁽¹⁾ Non-income producing security.

Country Concentration of Portfolio

Country	Percentage of Net Assets			Value
United States		51.5	%	$	947,928,577
Japan		10.7			197,066,503
United Kingdom		10.3			190,068,442
France		5.5			101,828,380
Germany		5.0			92,307,973
Switzerland		3.9			71,431,052
Spain		2.6			47,177,919
Netherlands		2.4			44,212,646
Italy		2.1			38,570,847
Canada		1.5			28,064,823
Luxembourg		1.0			18,592,340
Cayman Islands		0.7			13,661,507
Finland		0.7			12,506,629
Sweden		0.3			5,086,891
Other Countries, less than 0.3% each		1.5			25,040,639
		99.7	%	$	1,833,545,168

See notes to financial statements
13

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

FINANCIAL STATEMENTS (Unaudited)

Statement of Assets and Liabilities

As of June 30, 2008

Assets
Investments, at value (identified cost, $1,639,569,018)	$	1,833,545,168
Cash		7,401,759
Foreign currency, at value (identified cost, $604,479)		605,191
Dividends and interest receivable		4,648,788
Tax reclaims receivable		1,043,796
Total assets	$	1,847,244,702
Liabilities
Written options outstanding, at value (premiums received, $32,758,423)	$	3,424,785
Payable for investments purchased		2,825,978
Payable to affiliate for investment adviser fee		1,577,687
Payable to affiliate for Trustees' fees		680
Accrued expenses		392,124
Total liabilities	$	8,221,254
Net Assets	$	1,839,023,448
Sources of Net Assets
Common shares, $0.01 par value, unlimited number of shares authorized, 106,308,067 shares issued and outstanding	$	1,063,081
Additional paid-in capital		1,671,319,087
Accumulated undistributed net realized gain (computed on the basis of identified cost)		19,642,605
Accumulated distributions in excess of net investment income		(76,443,767	)
Net unrealized appreciation (computed on the basis of identified cost)		223,442,442
Net Assets	$	1,839,023,448
Net Asset Value
($1,839,023,448 ÷ 106,308,067 common shares issued and outstanding)	$	17.30

Statement of Operations

For the Six Months Ended
June 30, 2008

Investment Income
Dividends (net of foreign taxes, $2,359,697)	$	30,041,508
Interest		84,015
Total investment income	$	30,125,523
Expenses
Investment adviser fee	$	9,691,227
Trustees' fees and expenses		7,654
Custodian fee		439,417
Printing and postage		113,737
Legal and accounting services		30,884
Transfer and dividend disbursing agent fees		15,140
Miscellaneous		21,721
Total expenses	$	10,319,780
Deduct — Reduction of custodian fee	$	136
Total expense reductions	$	136
Net expenses	$	10,319,644
Net investment income	$	19,805,879
Realized and Unrealized Gain (Loss)
Net realized gain (loss) — Investment transactions (identified cost basis)	$	(47,336,037	)
Written options		66,036,206
Foreign currency transactions		(156,301	)
Net realized gain	$	18,543,868
Change in unrealized appreciation (depreciation) — Investments (identified cost basis)	$	(223,173,267	)
Written options		28,281,762
Foreign currency		78,816
Net change in unrealized appreciation (depreciation)	$	(194,812,689	)
Net realized and unrealized loss	$	(176,268,821	)
Net decrease in net assets from operations	$	(156,462,942	)

See notes to financial statements
14

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

FINANCIAL STATEMENTS (Unaudited)

Statements of Changes in Net Assets

Increase (Decrease) in Net Assets	Six Months Ended June 30, 2008 (Unaudited)			Year Ended December 31, 2007
From operations — Net investment income	$	19,805,879		$	22,649,428
Net realized gain from investment transactions, written options and foreign currency and forward foreign currency exchange contract transactions		18,543,868			4,255,061
Net change in unrealized appreciation (depreciation) of investments, written options and foreign currency and forward foreign currency exchange contracts		(194,812,689	)		176,310,964
Net increase (decrease) in net assets from operations	$	(156,462,942	)	$	203,215,453
Distributions — From net investment income	$	(95,677,260	)*	$	(4,120,998	)
From net realized gain		—			(10,389,556	)
Tax return of capital		—			(176,750,407	)
Total distributions	$	(95,677,260	)	$	(191,260,961	)
Capital share transactions — Reinvestment of distributions	$	—		$	4,050,115
Total increase in net assets from capital share transactions	$	—		$	4,050,115
Net increase (decrease) in net assets	$	(252,140,202	)	$	16,004,607
Net Assets
At beginning of period	$	2,091,163,650		$	2,075,159,043
At end of period	$	1,839,023,448		$	2,091,163,650
Accumulated distributions in excess of net investment income included in net assets
At end of period	$	(76,443,767	)	$	(572,386	)

* A portion of the distributions may be deemed a tax return of capital at year-end. See Note 2.

See notes to financial statements
15

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

FINANCIAL STATEMENTS CONT'D

Financial Highlights

	Six Months Ended June 30, 2008			Year Ended December 31,						Period Ended
	(Unaudited)			2007			2006			December 31, 2005⁽¹⁾
Net asset value — Beginning of period	$	19.670		$	19.560		$	18.610		$	19.100	⁽²⁾
Income (loss) from operations
Net investment income⁽³⁾	$	0.186		$	0.213		$	0.242		$	0.031
Net realized and unrealized gain (loss)		(1.656	)		1.697			2.510			(0.063	)
Total income (loss) from operations	$	(1.470	)	$	1.910		$	2.752		$	(0.032	)
Less distributions
From net investment income	$	(0.900	)*	$	(0.039	)	$	(0.241	)	$	(0.031	)
From net realized gain		—			(0.098	)		(0.126	)		(0.145	)
Tax return of capital		—			(1.663	)		(1.433	)		(0.274	)
Total distributions	$	(0.900	)	$	(1.800	)	$	(1.800	)	$	(0.450	)
Offering costs charged to paid-in capital⁽³⁾	$	—		$	—		$	(0.002	)	$	(0.008	)
Net asset value — End of period	$	17.300		$	19.670		$	19.560		$	18.610
Market value — End of period	$	15.600		$	17.360		$	20.320		$	17.200
Total Investment Return on Net Asset Value⁽⁴⁾		(6.96	)%⁽⁸⁾		10.55	%		15.47	%		(0.04	)%⁽⁵⁾⁽⁸⁾
Total Investment Return on Market Value⁽⁴⁾		(4.94	)%⁽⁸⁾		(6.08	)%		29.79	%		(7.62	)%⁽⁵⁾⁽⁸⁾
Ratios/Supplemental Data
Net assets, end of period (000's omitted)	$	1,839,023		$	2,091,164		$	2,075,159		$	1,966,620
Ratios (As a percentage of average daily net assets):
Expenses before custodian fee reduction⁽⁶⁾		1.07	%⁽⁷⁾		1.08	%		1.07	%		1.07	%⁽⁷⁾
Net investment income		2.05	%⁽⁷⁾		1.07	%		1.26	%		0.64	%⁽⁷⁾
Portfolio Turnover		12	%⁽⁸⁾		13	%		14	%		6	%⁽⁸⁾

⁽¹⁾ For the period from the start of business, September 30, 2005, to December 31, 2005.

⁽²⁾ Net asset value at beginning of period reflects the deduction of the sales load of $0.90 per share paid by the shareholder from the $20.00 offering price.

⁽³⁾ Computed using average shares outstanding.

⁽⁴⁾ Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested.

⁽⁵⁾ Total investment return on net asset value is calculated assuming a purchase at the offering price of $20.00 less the sales load of $0.90 per share paid by the shareholder on the first day and a sale at the net asset value on the last day of the period reported with all distributions reinvested. Total investment return on market value is calculated assuming a purchase at the offering price of $20.00 less the sales load of $0.90 per share paid by the shareholder on the first day and a sale at the current market price on the last day of the period reported with all distributions reinvested.

⁽⁶⁾ Excludes the effect of custody fee credits, if any, of less than 0.005%.

⁽⁷⁾ Annualized.

⁽⁸⁾ Not annualized.

* A portion of the distributions may be deemed a tax return of capital at year-end. See Note 2.

See notes to financial statements
16

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

NOTES TO FINANCIAL STATEMENTS (Unaudited)

1 Significant Accounting Policies

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (the Fund) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, closed-end management investment company. The Fund's primary investment objective is to provide current income and gains, with a secondary objective of capital appreciation. The Fund pursues its investment objectives by investing primarily in a diversified portfolio of domestic and foreign common stocks. Under normal market conditions, the Fund seeks to generate current earnings in part by employing an options strategy of writing index call options on a substantial portion of its common stock portfolio.

The following is a summary of significant accounting policies of the Fund. The policies are in conformity with accounting principles generally accepted in the United States of America.

A Investment Valuation — Equity securities listed on a U.S. securities exchange generally are valued at the last sale price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and asked prices therefore on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ Global or Global Select Market generally are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and asked prices or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by an independent pricing service. Exchange-traded options are valued at the last sale price for the day of valuation as quoted on any exchange on which the options are traded or, in the absence of sales on such date, at the mean between the closing bid and asked prices therefore. Over-the-counter options are valued based on broker quotations. Short-term debt securities with a remaining maturity of sixty days or less are valued at amortized cost, which approximates market value. If short-term debt securities are acquired with a remaining maturity of more than sixty days, they will be valued by a pricing service. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by an independent quotation service. The independent service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads. The daily valuation of exchange-traded foreign securities generally is determined as of the close of trading on the principal exchange on which such securities trade. Events occurring after the close of trading on foreign exchanges may result in adjustments to the valuation of foreign securities to more accurately reflect their fair value as of the close of regular trading on the New York Stock Exchange. When valuing foreign equity securities that meet certain criteria, the Trustees have approved the use of a fair value service that values such securities to reflect market trading that occurs after the close of the applicable foreign markets of comparable securities or other instruments that have a strong correlation to the fair-valued securities. Investments for which valuations or market quotations are not readily available are valued at fair value using methods determined in good faith by or at the direction of the Trustees of the Fund considering relevant factors, data and information including the market value of freely tradable securities of the same class in the principal market on which such securities are normally traded.

B Investment Transactions — Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C Income — Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. However, if the ex-dividend date has passed, certain dividends from foreign securities are recorded as the Fund is informed of the ex-dividend date. Withholding taxes on foreign dividends and capital gains have been provided for in accordance with the Fund's understanding of the applicable countries' tax rules and rates. Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount.

D Federal Taxes — The Fund's policy is to comply with the provisions of the Internal Revenue Code applicable to regulated investment companies and to distribute to shareholders each year substantially all of its net investment income, and all or substantially all of its net realized capital gains. Accordingly, no provision for federal income or excise tax is necessary.

As of June 30, 2008, the Fund had no uncertain tax provisions that would require financial statement recognition, de-recognition, or disclosure. Each of the

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

NOTES TO FINANCIAL STATEMENTS (Unaudited) CONT'D

Fund's federal tax returns filed in the 3-year period ended December 31, 2007 remains subject to examination by the Internal Revenue Service.

E Expense Reduction — State Street Bank and Trust Company (SSBT) serves as custodian of the Fund. Pursuant to the custodian agreement, SSBT receives a fee reduced by credits, which are determined based on the average daily cash balance the Fund maintains with SSBT. All credit balances, if any, used to reduce the Fund's custodian fees are reported as a reduction of expenses in the Statement of Operations.

F Foreign Currency Translation — Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

G Use of Estimates — The preparation of the financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H Indemnifications — Under the Fund's organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Fund, and shareholders are indemnified against personal liability for the obligations of the Fund. Additionally, in the normal course of business, the Fund enters into agreements with service providers that may contain indemnification clauses. The Fund's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Fund that have not yet occurred.

I Forward Foreign Currency Exchange Contracts — The Fund enters into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The Fund may enter into forward contracts for hedging purposes as well as non-hedging purposes. The forward foreign currency exchange contract is adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contract has been closed or offset by another contract with the same broker for the same settlement date and currency. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J Written Options — Upon the writing of a call or a put option, the premium received by the Fund is included in the Statement of Assets and Liabilities as a liability. The amount of the liability is subsequently marked-to-market to reflect the current market value of the option written, in accordance with the Fund's policies on investment valuations discussed above. Premiums received from writing options which expire are treated as realized gains. Premiums received from writing options which are exercised or are closed are added to or offset against the proceeds or amount paid on the transaction to determine the realized gain or loss. If a put option on a security is exercised, the premium reduces the cost basis of the securities purchased by the Fund. The Fund, as a writer of an option, may have no control over whether the underlying securities or other assets may be sold (call) or purchased (put) and, as a result, bears the market risk of an unfavorable change in the price of the securities or other assets underlying the written option. The Fund may also bear the risk of not being able to enter into a closing transaction if a liquid secondary market does not exist.

K Interim Financial Statements — The interim financial statements relating to June 30, 2008 and for the six months then ended have not been audited by an independent registered public accounting firm, but in the opinion of the Fund's management, reflect all adjustments, consisting only of normal recurring adjustments, necessary for the fair presentation of the financial statements.

2 Distributions to Shareholders

The Fund intends to make quarterly distributions from its cash available for distribution, which consists of the Fund's dividends and interest income after payment of

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

NOTES TO FINANCIAL STATEMENTS (Unaudited) CONT'D

Fund expenses, net option premiums and net realized and unrealized gains on stock investments. At least annually, the Fund intends to distribute all or substantially all of its net realized capital gains, if any. Distributions are recorded on the ex-dividend date.

The Fund distinguishes between distributions on a tax basis and a financial reporting basis. Accounting principles generally accepted in the United States of America require that only distributions in excess of tax basis earnings and profits be reported in the financial statements as a return of capital. Permanent differences between book and tax accounting relating to distributions are reclassified to paid-in capital. For tax purposes, distributions from short-term capital gains are considered to be from ordinary income. Distributions in any year may include a substantial return of capital component. For the six months ended June 30, 2008, the amount of distributions estimated to be a tax return of capital was approximately $84,597,000. The final determination of tax characteristics of the Fund's distributions will occur at the end of the year, at which time it will be reported to the shareholders.

3 Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Eaton Vance Management (EVM) as compensation for management and investment advisory services rendered to the Fund. The fee is computed at an annual rate of 1.00% of the Fund's average daily gross assets and is payable monthly. Gross assets as referred to herein represent net assets plus obligations attributable to investment leverage, if any. For the six months ended June 30, 2008, the adviser fee amounted to $9,691,227. Pursuant to sub-advisory agreements, EVM has delegated a portion of the investment management to Parametric Portfolio Associates, LLC (Parametric), an affiliate of EVM, and delegated the investment management of the Fund's options strategy to Rampart Investment Management Company (Rampart). EVM pays Parametric and Rampart a portion of its advisory fee for sub-advisory services provided to the Fund. EVM also serves as administrator of the Fund, but receives no compensation.

Except for Trustees of the Fund who are not members of EVM's organization, officers and Trustees receive remuneration for their services to the Fund out of the investment adviser fee. Trustees of the Fund who are not affiliated with EVM may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the six months ended June 30, 2008, no significant amounts have been deferred. Certain officers and Trustees of the Fund are officers of EVM.

4 Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, aggregated $233,914,814 and $245,331,541, respectively, for the six months ended June 30, 2008.

5 Common Shares of Beneficial Interest

The Fund may issue common shares pursuant to its dividend reinvestment plan. There were no transactions in common shares for the six months ended June 30, 2008. Common shares issued pursuant to the Fund's dividend reinvestment plan for the year ended December 31, 2007 were 207,911.

6 Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments of the Fund at June 30, 2008, as determined on a federal income tax basis, were as follows:

Aggregate cost	$	1,640,629,840
Gross unrealized appreciation	$	322,766,240
Gross unrealized depreciation		(129,850,912	)
Net unrealized appreciation	$	192,915,328

7 Financial Instruments

The Fund may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities to assist in managing exposure to various market risks. These financial instruments may include written options and may involve, to a varying degree, elements of risk in excess of the amounts recognized for financial statement purposes. The notional or contractual amounts of these instruments represent the investment the Fund has in particular classes of financial instruments and does not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered. A summary of written call options at June 30, 2008 is included in the Portfolio of Investments.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

NOTES TO FINANCIAL STATEMENTS (Unaudited) CONT'D

Written call options activity for the six months ended June 30, 2008 was as follows:

	Number of Contracts			Premiums Received
Outstanding, beginning of period		1,481,404		$	30,896,320
Options written		9,693,376			193,111,290
Options terminated in closing purchase transactions		(9,466,712	)		(174,414,747	)
Options expired		(47,497	)		(16,834,440	)
Outstanding, end of period		1,660,571		$	32,758,423

All of the assets of the Fund are subject to segregation to satisfy the requirements of the escrow agent. At June 30, 2008, the Fund had sufficient cash and/or securities to cover commitments under these contracts.

8 Risk Associated with Foreign Investments

Investing in securities issued by companies whose principal business activities are outside the United States may involve significant risks not present in domestic investments. For example, there is generally less publicly available information about foreign companies, particularly those not subject to the disclosure and reporting requirements of the U.S. securities laws. Certain foreign issuers are generally not bound by uniform accounting, auditing, and financial reporting requirements and standards of practice comparable to those applicable to domestic issuers. Investments in foreign securities also involve the risk of possible adverse changes in investment or exchange control regulations, expropriation or confiscatory taxation, limitation on the removal of funds or other assets of the Fund, political or financial instability or diplomatic and other developments which could affect such investments. Foreign stock markets, while growing in volume and sophistication, are generally not as developed as those in the United States, and securities of some foreign issuers (particularly those located in developing countries) may be less liquid and more volatile than securities of comparable U.S. companies. In general, there is less overall governmental supervision and regulation of foreign securities markets, broker-dealers and issuers than in the United States.

9 Fair Value Measurements

The Fund adopted Financial Accounting Standards Board (FASB) Statement of Financial Accounting Standards No. 157 (FAS 157), "Fair Value Measurements", effective January 1, 2008. FAS 157 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 June 30, 2008, 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	$	1,009,067,413	$	(3,335,438	)
Level 2	Other Significant Observable Inputs		824,477,755		(89,347	)
Level 3	Significant Unobservable Inputs		—		—
Total		$	1,833,545,168	$	(3,424,785	)

* Other financial instruments include written call options, which are valued at the unrealized appreciation (depreciation) on the instrument.

The Fund held no investments or other financial instruments as of December 31, 2007 whose fair value was determined using Level 3 inputs.

10 Recently Issued Accounting Pronouncement

In March 2008, the FASB issued Statement of Financial Accounting Standards No. 161 (FAS 161), "Disclosures about Derivative Instruments and Hedging Activities". FAS 161 requires enhanced disclosures about an entity's derivative and hedging activities, including qualitative disclosures about the objectives and strategies for using derivatives, quantitative disclosures about fair value amounts of and gains and losses on derivative instruments, and disclosures about credit-risk related contingent features in derivative instruments. FAS 161 is effective for fiscal years and interim periods beginning after November 15, 2008. Management is currently evaluating the impact the adoption of FAS 161 will have on the Fund's financial statement disclosures.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund as of June 30, 2008

ANNUAL MEETING OF SHAREHOLDERS (Unaudited)

The Fund held its Annual Meeting of Shareholders on April 25, 2008. The following action was taken by the shareholders of the Fund:

Item 1: The election of Thomas E. Faust Jr. and Allen R. Freedman as Class I Trustees of the Fund for a one-year term expiring in 2009, the election of Heidi L. Steiger as a Class II Trustee of the Fund for a two-year term expiring in 2010 and the election of Norton H. Reamer, Lynn A. Stout and Ralph F. Verni as Class III Trustees of the Fund for a three-year term expiring in 2011:

Nominee for Trustee	Number of Shares
Elected by All Shareholders	For		Withheld
Thomas E. Faust Jr.		94,048,912		1,866,420
Allen R. Freedman		94,028,160		1,887,172
Norton H. Reamer		94,025,878		1,889,454
Heidi L. Steiger		94,037,226		1,878,106
Lynn A. Stout		94,050,314		1,865,018
Ralph F. Verni		94,044,338		1,870,994

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

DIVIDEND REINVESTMENT PLAN

The Fund offers a dividend reinvestment plan (the Plan) pursuant to which shareholders may elect to have dividends and capital gains distributions automatically reinvested in common shares (the Shares) of the Fund. You may elect to participate in the Plan by completing the Dividend Reinvestment Plan Application Form. If you do not participate, you will receive all distributions in cash paid by check mailed directly to you by American Stock Transfer & Trust Company as dividend paying agent. On the distribution payment date, if the net asset value per Share is equal to or less than the market price per Share plus estimated brokerage commissions then new Shares will be issued. The number of Shares shall be determined by the greater of the net asset value per Share or 95% of the market price. Otherwise, Shares generally will be purchased on the open market by the Plan Agent. Distributions subject to income tax (if any) are taxable whether or not shares are reinvested.

If your shares are in the name of a brokerage firm, bank, or other nominee, you can ask the firm or nominee to participate in the Plan on your behalf. If the nominee does not offer the Plan, you will need to request that your shares be re-registered in your name with the Fund's transfer agent, American Stock Transfer & Trust Company, or you will not be able to participate.

The Plan Agent's service fee for handling distributions will be paid by the Fund. Each participant will be charged their pro rata share of brokerage commissions on all open-market purchases.

Plan participants may withdraw from the Plan at any time by writing to the Plan Agent at the address noted on the following page. If you withdraw, you will receive shares in your name for all Shares credited to your account under the Plan. If a participant elects by written notice to the Plan Agent to have the Plan Agent sell part or all of his or her Shares and remit the proceeds, the Plan Agent is authorized to deduct a $5.00 fee plus brokerage commissions from the proceeds.

If you wish to participate in the Plan and your shares are held in your own name, you may complete the form on the following page and deliver it to the Plan Agent.

Any inquiries regarding the Plan can be directed to the Plan Agent, American Stock Transfer & Trust Company, at 1-866-439-6787.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

APPLICATION FOR PARTICIPATION IN DIVIDEND REINVESTMENT PLAN

This form is for shareholders who hold their common shares in their own names. If your common shares are held in the name of a brokerage firm, bank, or other nominee, you should contact your nominee to see if it will participate in the Plan on your behalf. If you wish to participate in the Plan, but your brokerage firm, bank, or nominee is unable to participate on your behalf, you should request that your common shares be re-registered in your own name which will enable your participation in the Plan.

The following authorization and appointment is given with the understanding that I may terminate it at any time by terminating my participation in the Plan as provided in the terms and conditions of the Plan.

Please print exact name on account:

Shareholder signature Date

Please sign exactly as your common shares are registered. All persons whose names appear on the share certificate must sign.

YOU SHOULD NOT RETURN THIS FORM IF YOU WISH TO RECEIVE YOUR DISTRIBUTIONS IN CASH. THIS IS NOT A PROXY.

This authorization form, when signed, should be mailed to the following address:

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
c/o American Stock Transfer & Trust Company
P.O. Box 922
Wall Street Station
New York, NY 10269-0560

Number of Employees

The Fund is organized as a Massachusetts business trust and is registered under the Investment Company Act of 1940, as amended, as a diversified, closed-end management investment company and has no employees.

Number of Shareholders

As of June 30, 2008, our records indicate that there are 68 registered shareholders and 77,978 shareholders owning the Fund shares in street name, such as through brokers, banks, and financial intermediaries.

If you are a street name shareholder and wish to receive our reports directly, which contain important information about the Fund, please write or call:

Eaton Vance Distributors, Inc.
The Eaton Vance Building
255 State Street
Boston, MA 02109
1-800-225-6265

New York Stock Exchange symbol

The New York Stock Exchange symbol is ETW.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

BOARD OF TRUSTEES' ANNUAL APPROVAL OF THE INVESTMENT ADVISORY AGREEMENT

Overview of the Contract Review Process

The Investment Company Act of 1940, as amended (the "1940 Act"), provides, in substance, that each investment advisory agreement between a fund and its investment adviser will continue in effect from year to year only if its continuance is approved at least annually by the fund's board of trustees, including by a vote of a majority of the trustees who are not "interested persons" of the fund ("Independent Trustees"), cast in person at a meeting called for the purpose of considering such approval.

At a meeting of the Boards of Trustees (each a "Board") of the Eaton Vance group of mutual funds (the "Eaton Vance Funds") held on April 21, 2008, the Board, including a majority of the Independent Trustees, voted to approve continuation of existing advisory and sub-advisory agreements for the Eaton Vance Funds for an additional one-year period. In voting its approval, the Board relied upon the affirmative recommendation of the Contract Review Committee of the Board (formerly the Special Committee), which is a committee comprised exclusively of Independent Trustees. Prior to making its recommendation, the Contract Review Committee reviewed information furnished for a series of meetings of the Contract Review Committee held in February, March and April 2008. Such information included, among other things, the following:

Information about Fees, Performance and Expenses

• An independent report comparing the advisory and related fees paid by each fund with fees paid by comparable funds;

• An independent report comparing each fund's total expense ratio and its components to comparable funds;

• An independent report comparing the investment performance of each fund to the investment performance of comparable funds over various time periods;

• Data regarding investment performance in comparison to relevant peer groups of funds and appropriate indices;

• Comparative information concerning fees charged by each adviser for managing other mutual funds and institutional accounts using investment strategies and techniques similar to those used in managing the fund;

• Profitability analyses for each adviser with respect to each fund;

Information about Portfolio Management

• Descriptions of the investment management services provided to each fund, including the investment strategies and processes employed, and any changes in portfolio management processes and personnel;

• Information concerning the allocation of brokerage and the benefits received by each adviser as a result of brokerage allocation, including information concerning the acquisition of research through "soft dollar" benefits received in connection with the funds' brokerage, and the implementation of a soft dollar reimbursement program established with respect to the funds;

• Data relating to portfolio turnover rates of each fund;

• The procedures and processes used to determine the fair value of fund assets and actions taken to monitor and test the effectiveness of such procedures and processes;

Information about each Adviser

• Reports detailing the financial results and condition of each adviser;

• Descriptions of the qualifications, education and experience of the individual investment professionals whose responsibilities include portfolio management and investment research for the funds, and information relating to their compensation and responsibilities with respect to managing other mutual funds and investment accounts;

• Copies of the Codes of Ethics of each adviser and its affiliates, together with information relating to compliance with and the administration of such codes;

• Copies of or descriptions of each adviser's proxy voting policies and procedures;

• Information concerning the resources devoted to compliance efforts undertaken by each adviser and its affiliates on behalf of the funds (including descriptions of various compliance programs) and their record of compliance with investment policies and restrictions, including policies with respect to market-timing, late trading and selective portfolio disclosure, and with policies on personal securities transactions;

• Descriptions of the business continuity and disaster recovery plans of each adviser and its affiliates;

Other Relevant Information

• Information concerning the nature, cost and character of the administrative and other non-investment management services provided by Eaton Vance Management and its affiliates;

• Information concerning management of the relationship with the custodian, subcustodians and fund accountants by each adviser or the funds' administrator; and

• The terms of each advisory agreement.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

BOARD OF TRUSTEES' ANNUAL APPROVAL OF THE INVESTMENT ADVISORY AGREEMENT CONT'D

In addition to the information identified above, the Contract Review Committee considered information provided from time to time by each adviser throughout the year at meetings of the Board and its committees. Over the course of the twelve-month period ended April 30, 2008, the Board met eleven times and the Contract Review Committee, the Audit Committee and the Governance Committee, each of which is a Committee comprised solely of Independent Trustees, met twelve, seven and five times, respectively. At such meetings, the Trustees received, among other things, presentations by the portfolio managers and other investment professionals of each adviser relating to the investment performance of each fund and the investment strategies used in pursuing the fund's investment objective. The Portfolio Management Committee and the Compliance Reports and Regulatory Matters Committee are newly established and did not meet during the twelve-month period ended April 30, 2008.

For funds that invest through one or more underlying portfolios, the Board considered similar information about the portfolio(s) when considering the approval of advisory agreements. In addition, in cases where the fund's investment adviser has engaged a sub-adviser, the Board considered similar information about the sub-adviser when considering the approval of any sub-advisory agreement.

The Contract Review Committee was assisted throughout the contract review process by Goodwin Procter LLP, legal counsel for the Independent Trustees. The members of the Contract Review Committee relied upon the advice of such counsel and their own business judgment in determining the material factors to be considered in evaluating each advisory and sub-advisory agreement and the weight to be given to each such factor. The conclusions reached with respect to each advisory and sub-advisory agreement were based on a comprehensive evaluation of all the information provided and not any single factor. Moreover, each member of the Contract Review Committee may have placed varying emphasis on particular factors in reaching conclusions with respect to each advisory and sub-advisory agreement.

Results of the Process

Based on its consideration of the foregoing, and such other information as it deemed relevant, including the factors and conclusions described below, the Contract Review Committee concluded that the continuance of the investment advisory agreement of the Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund (the "Fund") with Eaton Vance Management (the "Adviser"), and the sub-advisory agreements with Parametric Portfolio Associates, LLC ("PPA") and Rampart Investment Management Company, Inc. ("Rampart," and with PPA, the "Sub-advisers") including their fee structures, is in the interests of shareholders and, therefore, the Contract Review Committee recommended to the Board approval of the respective agreements. The Board accepted the recommendation of the Contract Review Committee as well as the factors considered and conclusions reached by the Contract Review Committee with respect to the agreements. Accordingly, the Board, including a majority of the Independent Trustees, voted to approve continuation of the investment advisory agreement and the sub-advisory agreements for the Fund.

Nature, Extent and Quality of Services

In considering whether to approve the investment advisory and sub-advisory agreements of the Fund, the Board evaluated the nature, extent and quality of services provided to the Fund by the Adviser and the Sub-advisers.

The Board considered the Adviser's and the Sub-advisers' management capabilities and investment process with respect to the types of investments held by the Fund, including the education, experience and number of its investment professionals and other personnel who provide portfolio management, investment research, and similar services to the Fund and whose responsibilities include supervising each Sub-adviser and coordinating their activities in implementing the Fund's investment strategy. In particular, the Board evaluated, where relevant, the abilities and experience of such investment personnel in analyzing factors such as tax efficiency and special considerations relevant to investing in stocks and selling call options on the S&P 500 Index and the NASDAQ 100. With respect to PPA, the Board noted PPA's experience in deploying quantitative-based investment strategies. With respect to Rampart, the Board considered Rampart's business reputation and its options strategy and its past experience in implementing this strategy. The Board also took into consideration the resources dedicated to portfolio management and other services, including the compensation paid to recruit and retain investment personnel, and the time and attention devoted to the Fund by senior management.

The Board also reviewed the compliance programs of the Adviser and Sub-advisers and relevant affiliates thereof. Among other matters, the Board considered compliance and reporting matters relating to personal trading by investment personnel, selective disclosure of portfolio holdings, late trading, frequent trading, portfolio valuation, business continuity and the allocation of investment opportunities. The Board also evaluated the responses of the Adviser and its affiliates to requests from regulatory authorities such as the Securities and Exchange Commission.

The Board considered shareholder and other administrative services provided or managed by Eaton Vance Management and its affiliates, including transfer agency and accounting services. The Board evaluated the benefits to shareholders of investing in a fund that is a part of a large family of funds.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

BOARD OF TRUSTEES' ANNUAL APPROVAL OF THE INVESTMENT ADVISORY AGREEMENT CONT'D

After consideration of the foregoing factors, among others, the Board concluded that the nature, extent and quality of services provided by the Adviser and Sub-advisers, taken as a whole, are appropriate and consistent with the terms of the respective investment advisory and sub-advisory agreements.

Fund Performance

The Board compared the Fund's investment performance to a relevant universe of similarly managed funds identified by an independent data provider and appropriate benchmark indices. The Board reviewed comparative performance data for the one-year period ended September 30, 2007 for the Fund. The Board concluded that the Fund's performance was satisfactory.

Management Fees and Expenses

The Board reviewed contractual investment advisory fee rates, including any administrative fee rates, payable by the Fund (referred to as "management fees"). As part of its review, the Board considered the Fund's management fees and total expense ratio for the year ended September 30, 2007, as compared to a group of similarly managed funds selected by an independent data provider.

After reviewing the foregoing information, and in light of the nature, extent and quality of the services provided by the Adviser, the Board concluded that the management fees charged for advisory and related services and the Fund's total expense ratio are reasonable.

Profitability

The Board reviewed the level of profits realized by the Adviser and relevant affiliates thereof, including PPA, in providing investment advisory and administrative services to the Fund and to all Eaton Vance Funds as a group. The Board considered the level of profits realized with and without regard to revenue sharing or other payments by the Adviser and its affiliates to third parties in respect of distribution services. The Board also considered other direct or indirect benefits received by the Adviser and its affiliates, including PPA, in connection with its relationship with the Fund, including the benefits of research services that may be available to the Adviser as a result of securities transactions effected for the Fund and other investment advisory clients. The Board also concluded that, in light of its role as a sub-adviser not affiliated with the Adviser, Rampart's profitability in managing the Fund was not a material factor.

The Board concluded that, in light of the foregoing factors and the nature, extent and quality of the services rendered, the profits realized by the Adviser and its affiliates, including PPA, are reasonable.

Economies of Scale

In reviewing management fees and profitability, the Board also considered the extent to which the Adviser and its affiliates, on the one hand, and the Fund, on the other hand, can expect to realize benefits from economies of scale as the assets of the Fund increase. The Board acknowledged the difficulty in accurately measuring the benefits resulting from the economies of scale with respect to the management of any specific fund or group of funds. The Board also considered the fact that the Fund is not continuously offered and concluded that, in light of the level of the Adviser's profits with respect to the Fund, the implementation of breakpoints in the advisory fee schedule is not appropriate at this time. Based upon the foregoing, the Board concluded that the benefits from economies of scale are currently being shared equitably by the Adviser and its affiliates and the Fund.

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

OFFICERS AND TRUSTEES

Officers Duncan W. Richardson President Thomas E. Faust Jr. Vice President and Trustee Michael R. Mach Vice President Walter A. Row, III Vice President Judith A. Saryan Vice President Barbara E. Campbell Treasurer Maureen A. Gemma Chief Legal Officer and Secretary Paul M. O'Neil Chief Compliance Officer				Trustees Ralph F. Verni Chairman Benjamin C. Esty Allen R. Freedman William H. Park Ronald A. Pearlman Heidi L. Steiger Lynn A. Stout

This Page Intentionally Left Blank

Investment Adviser and Administrator of Eaton Vance Tax-Managed Global
Buy-Write Opportunities Fund
Eaton Vance Management

The Eaton Vance Building
255 State Street
Boston, MA 02109

Sub-Advisers of Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
Parametric Portfolio Associates, LLC

1151 Fairview Avenue N.
Seattle, WA 98109

Rampart Investment Management Company, Inc.

One International Place
Boston, MA 02110

Custodian
State Street Bank and Trust Company

200 Clarendon Street
Boston, MA 02116

Transfer Agent
American Stock Transfer & Trust Company

59 Maiden Lane
Plaza Level
New York, NY 10038

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
The Eaton Vance Building
255 State Street
Boston, MA 02109

2552-8/08 CE-TMGBWOFSRC

Item 2. Code of Ethics

The registrant has adopted a code of ethics applicable to its Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer. The registrant undertakes to provide a copy of such code of ethics to any person upon request, without charge, by calling 1-800-262-1122.

Item 3. Audit Committee Financial Expert

The registrant’s Board has designated William H. Park, an independent trustee, as its audit committee financial expert. Mr. Park is a certified public accountant who is the Vice Chairman of Commercial Industrial Finance Corp (specialty finance company). Previously, he served as President and Chief Executive Officer of Prizm Capital Management, LLC (investment management firm) and as Executive Vice President and Chief Financial Officer of United Asset Management Corporation (“UAM”) (a holding company owning institutional investment management firms).

Item 4. Principal Accountant Fees and Services

Not required in this filing

Item 5. Audit Committee of Listed registrants

Not required in this filing.

Item 6. Schedule of Investments

Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this Form N-CSR.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

The Board of Trustees of the Trust has adopted a proxy voting policy and procedure (the “Fund Policy”), pursuant to which the Trustees have delegated proxy voting responsibility to the Fund’s investment adviser and adopted the investment adviser’s proxy voting policies and procedures (the “Policies”) which are described below. The Trustees will review the Fund’s proxy voting records from time to time and will annually consider approving the Policies for the upcoming year. In the event that a conflict of interest arises between the Fund’s shareholders and the investment adviser, the administrator, or any of their affiliates or any affiliate of the Fund, the investment adviser will generally refrain from voting the proxies related to the companies giving rise to such conflict until it consults with the Board’s Special Committee except as contemplated under the Fund Policy. The Board’s Special Committee will instruct the investment adviser on the appropriate course of action.

The Policies are designed to promote accountability of a company’s management to its shareholders and to align the interests of management with those shareholders. An independent proxy voting service (“Agent”), currently Institutional Shareholder Services, Inc., has been retained to assist in the voting of proxies through the provision of vote analysis, implementation and recordkeeping and disclosure services. The investment adviser will generally vote proxies through the Agent. The Agent is required to vote all proxies and/or refer then back to the investment adviser pursuant to the Policies. It is generally the policy of the investment adviser to vote in accordance with the recommendation of the Agent. The Agent shall refer to the investment adviser proxies relating to mergers and restructurings, and the disposition of assets, termination, liquidation and mergers contained in mutual fund proxies. The investment adviser will normally vote against anti-takeover measures and other proposals designed to limit the ability of shareholders to act on possible transactions, except in the case of closed-end management investment companies. The investment adviser generally supports management on social and environmental proposals. The investment adviser may abstain from voting from time to time where it determines that the costs associated with voting a proxy outweighs the benefits derived from

exercising the right to vote or the economic effect on shareholders interests or the value of the portfolio holding is indeterminable or insignificant.

In addition, the investment adviser will monitor situations that may result in a conflict of interest between the Fund’s shareholders and the investment adviser, the administrator, or any of their affiliates or any affiliate of the Fund by maintaining a list of significant existing and prospective corporate clients. The investment adviser’s personnel responsible for reviewing and voting proxies on behalf of the Fund will report any proxy received or expected to be received from a company included on that list to the personal of the investment adviser identified in the Policies. If such personnel expects to instruct the Agent to vote such proxies in a manner inconsistent with the guidelines of the Policies or the recommendation of the Agent, the personnel will consult with members of senior management of the investment adviser to determine if a material conflict of interests exists. If it is determined that a material conflict does exist, the investment adviser will seek instruction on how to vote from the Special Committee.

Information on how the Fund voted proxies relating to portfolio securities during the most recent 12 month period ended June 30 is available (1) without charge, upon request, by calling 1-800-262-1122, and (2) on the Securities and Exchange Commission’s website at http://www.sec.gov.

Item 8. Portfolio Managers of Closed-End Management Investment Companies

Not required in this filing.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.

No such purchases this period.

Item 10. Submission of Matters to a Vote of Security Holders.

No Material Changes.

Item 11. 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) There have been no changes in the registrant’s internal controls over financial reporting during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Exhibits

(a)(1)		Registrant’s Code of Ethics – Not applicable (please see Item 2).
(a)(2)(i)		Treasurer’s Section 302 certification.
(a)(2)(ii)		President’s Section 302 certification.
(b)		Combined Section 906 certification.

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:	August 8, 2008

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/ Barbara E. Campbell
	Barbara E. Campbell
	Treasurer


Date:	August 8, 2008

By:	/s/ Duncan W. Richardson
	Duncan W. Richardson
	President


Date:	August 8, 2008