Eaton Vance Tax-Advantaged Bond and Option Strategies Fund reported earnings results for the first quarter ended March 31, 2012. For the quarter, the company reported net investment income of $48,000 or $0.005 per share compared to $228,000 or $0.022 per share a year ago. Net realized and unrealized losses on investments were $1,473,000 or $0.140 per share compared to Net realized and unrealized gains on investments of $3,738,000 or $0.354 per share a year ago. Net decrease in net assets from operations was $1,425,000 or $0.135 per share compared to net increase in net assets from operations of $3,966,000 or $0.376 per share a year ago. On March 31, 2012, net assets of the Fund were $188,595,833. The net asset value per common share on March 31, 2012 was $17.87 based on 10,556,552 common shares outstanding. In comparison, on March 31, 2011, net assets of the Fund were $188,331,363. The net asset value per share on March 31, 2011 was $17.84 based on 10,556,552 common shares outstanding.