Eaton Vance Tax-Advantaged Bond and Option Strategies Fund reported earnings results for the fourth quarter and year ended December 31, 2011. For the three months ended December 31, 2011, the Fund had net investment income of $119,281 or $0.012 per common share. In comparison, for the three months ended December 31, 2010, the Fund had net investment income of $147,331 or $0.014 per common share. Net realized and unrealized gains for the three months ended December 31, 2011 were $7,482,783 or $0.713 per common share in comparison, net realized and unrealized losses for the three months ended December 31, 2010 were $4,730,631 or $0.453 per common share. For the year ended December 31, 2011, the Fund had net investment income of $629,866 or $0.060 per common share. For the period from the start of business, June 29, 2010, to December 31, 2010, the Fund had net investment income of $169,155 or $0.016 per common share. Net realized and unrealized gains for the year ended December 31, 2011 were $22,971,665 or $2.180 per common share. In comparison, net realized and unrealized losses for the three months ended December 31, 2010 were $4,730,631 or $0.453 per common share and net realized and unrealized losses for the period from the start of business, June 29, 2010, to December 31, 2010 were $3,556,698 or $0.336 per common share. On December 31, 2011, net assets of the Fund were $194,507,629. The net asset value per common share on December 31, 2011 was $18.43 based on 10,556,552 common shares outstanding. In comparison, on December 31, 2010, net assets of the Fund were $188,852,236. The net asset value per common share on December 31, 2010 was $17.89 based on 10,556,552 common shares outstanding.