Eaton Vance Tax-Advantaged Bond and Option Strategies Fund announced earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net investment income of $222,000 or $0.021 per common share compared to $204,000 or $0.020 per common share a year ago. Net realized and unrealized gains on investments were $2,573,000 or $0.242 per common share compared to net realized and unrealized losses on investments of $6,917,000 or $0.652 per common share a year ago. Net increase in net assets from operations was $2,795,000 or $0.263 per common share compared to net decrease in net assets from operations of $6,713,000 or $0.632 per common share a year ago.

For the six months, the company reported net investment income of $420,000 or $0.040 per common share compared to $366,000 or $0.035 per common share a year ago. Net realized and unrealized gains on investments were $5,724,000 or $0.540 per common share compared to net realized and unrealized losses on investments of $11,066,000 or $1.045 per common share a year ago. Net increase in net assets from operations was $6,144,000 or $0.580 per common share compared to net decrease in net assets from operations of $10,700,000 or $1.010 per common share a year ago. Net asset value per share outstanding was $15.18 compared to $16.43 a year ago.