424B3 1 etvprosaisupp.htm EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND PRO AND SAI SUPP DTD 5-13-2021

EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND

Supplement to Prospectus dated April 23, 2021

 

The following changes are effective July 1, 2021:

The following replaces the seventh paragraph under “The Adviser” in “Management of the Fund” in the Prospectus:

G.R. Nelson is responsible for managing the Fund’s overall investment program and executing the Fund’s options strategy, and also provides the Sub-Adviser with research support and supervises the performance of the Sub-Adviser. Mr. Nelson is a Vice President of Eaton Vance, has been an equity analyst at Eaton Vance since 2004 and has been a portfolio manager of the Fund since July 2021.

 

May 13, 2021  

 

 

 
 

 

EATON VANCE TAX-MANAGED BUY-WRITE OPPORTUNITIES FUND

Supplement to Statement of Additional Information dated April 23, 2021

 

 

The following changes are effective July 1, 2021:

The following replaces the tables under “Portfolio Managers.” in “Investment Advisory and Other Services”:

 

  Number of
All Accounts		 Total Assets of
All Accounts		 Number of Accounts
Paying a Performance Fee		 Total Assets of Accounts
Paying a Performance Fee
 G.R. Nelson(1)        
Registered Investment Companies 3 $ 3,374.7 0 $ 0
Other Pooled Investment Vehicles 0 $ 0 0 $ 0
Other Accounts 1 $ 1.6 0 $ 0
  Thomas C. Seto        
Registered Investment Companies 44 $ 28,222.4(2) 0 $ 0
Other Pooled Investment Vehicles 8 $ 1,937.6 0 $ 0
Other Accounts 47,478 $ 155,834.2(3) 0 $ 0
(1)As of March 31, 2021
(2)This portfolio manager provides investment advice with respect to only a portion of the total assets of certain of these accounts. Only the assets allocated to this portfolio manager as of the Fund’s most recent fiscal year end are reflected in the table.
(3)For “Other Accounts” that are part of a wrap or model account program, the number of accounts is the number of sponsors for which the portfolio manager provides advisory services rather than the number of individual customer accounts within each wrap or model account program.

 

The following table shows the dollar range of Fund shares beneficially owned by each portfolio manager as of the Fund’s most recent fiscal year ended December 31, 2020 and in the Eaton Vance family of funds as of December 31, 2020.

 

Portfolio Managers Dollar Range of Equity Securities
Beneficially Owned in the Fund		 Aggregate Dollar Range of Equity
Securities Beneficially Owned
in all Registered Funds in
the Eaton Vance Family of Funds
G.R. Nelson None(1) $500,001 - $1,000,000
Thomas C. Seto None Over $1,000,000
(1)As of March 31, 2021

 

 

May 13, 2021