Company: ETV
Filing Date: 2025-05-01
Form Type: 424B5
Source: 0001193125-25-109401
Chunk: 165

Company: Eaton Vance Tax-Managed Buy-Write Opportunities Fund
Filing Date: 2025-05-01
Form: 424B5
Chunk 165
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     | $ |   9,827 |     | $ |     9,992 |     | $ |   9,528 |     | $ |     10,049 |     | $ |     10,341 |
| Fund and Fund Complex(1) |              | $ | 395,000 |     | $ | 430,000 |     | $ |    395,000 |     | $ |   545,000 |     | $ |    430,000 | -3 |     | $ | 420,000 |     | $ |   430,000 |     | $ | 410,000 |     | $ |    432,500 |     | $ |    445,000 |

| (1) | As of April 23, 2025, the Eaton Vance fund complex consists of 123 registered investment companies or series thereof. |

| (2) | Includes $705 of deferred compensation. |

| (3) | Includes $30,000 of deferred compensation. |

INVESTMENT ADVISORY AND OTHER SERVICES The Investment Adviser.The investment adviser manages the investments and affairs of the Fund and provides related office facilities and personnel subject to the supervision of the Trust’s Board. The investment adviser furnishes investment research, advice and supervision, furnishes an investment program and determines what securities will be purchased, held or sold by the Fund and what portion, if any, of the Fund’s assets will be held uninvested. The Investment Advisory Agreement (the “Advisory Agreement”) on behalf of the Fund requires the investment adviser to pay the compensation and expenses of all officers and Trustees of the Fund who are members of the investment adviser’s organization and all personnel of the investment adviser performing services relating to research and investment activities. Pursuant to the Advisory Agreement between the Adviser and the Fund, the Fund has agreed to pay an investment advisory fee, payable on a monthly basis, computed at an annual rate of 1.000% of the average daily gross assets of the Fund up to and including $1.5 billion, 0.980% of the average daily gross assets of the Fund over $1.5 billion up to and including $3 billion, 0.960% of the average daily gross assets of the Fund over $3 billion up to and including $5 billion, and 0.940% of the average daily gross assets of the Fund over $5 billion. Gross assets of the Fund means total assets