Eaton Vance Tax-Managed Buy-Write Opportunities Fund (the Fund) is 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 invests in a diversified portfolio of common stocks. It seeks to generate current earnings by writing index call options with respect to a substantial portion of its common stock portfolio. The Fund invests in various sectors, including information technology, consumer discretionary, healthcare, financials, industrials, energy, food products, telecommunication services, utilities, chemicals, aerospace and defense, automobiles, beverages and equipments. Eaton Vance Management (EVM) is the investment adviser to the Fund.