EATON VANCE CORP. 
By BOSTON, Jan. 4, 2012 /PRNewswire/ -- Eaton Vance Municipal Bond Fund (NYSE Amex: EIM) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three months and year ended September 30, 2011. The Fund's fiscal year ended on September 30, 2011.
For the three months ended September 30, 2011, the Fund had net investment income of $14,643,624 ($0.215 per share). For the year ended September 30, 2011, the Fund had net investment income of $59,775,936 ($0.878 per share). In comparison, for the three months ended September 30, 2010, the Fund had net investment income of $ 14,275,860 ($0.210 per share). For the year ended September 30, 2010, the Fund had net investment income of $59,651,745 ($0.878 per share).
Net realized and unrealized gains for the three months ended September 30, 2011 were $58,731,270 ($0.860 per share). Net realized and unrealized losses for the year ended September 30, 2011 were $32,572,938 ($0.482 per share). In comparison, net realized and unrealized gains for the three months ended September 30, 2010 were $ 46,761,969 ($0.686 per share). Net realized and unrealized losses for the year ended September 30, 2010 were $3,844,083 ($0.059 per share).
On September 30, 2011, net assets of the Fund were $855,704,501. The net asset value per share on September 30, 2011 was $12.56 based on 68,109,764 shares outstanding. In comparison, on September 30, 2010, net assets of the Fund were $ 889,539,413. The net asset value per share on September 30, 2010 was $13.08 based on 67,995,644 shares outstanding.
The Fund periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors - Closed-End Funds"). Fund portfolio holdings for the most recent calendar quarter-end are also posted to the website approximately 30 days following quarter-end.
The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $188.2 billion in assets as of October 31, 2011, offering individuals and institutions a broad array of investment strategies and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit www.eatonvance.com.
EATON VANCE MUNICIPAL BOND FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
Three Months Ended Year Ended
September 30,
September 30,
-------------
2011 2010 2011 2010
---- ---- ---- ----
Net investment income $14,644 $14,276 $59,776 $59,652
Net realized and
unrealized gains
(losses)
on investments 58,731 46,762 (32,573) (3,844)
------ ------ ------- ------
Net increase (decrease) in net
assets
from operations $73,375 $61,038 $27,203 $55,808
=======
Earnings per Share
Outstanding
------------------
Net investment income $0.215 $0.210 $0.878 $0.878
Net realized and
unrealized gains
(losses)
on investments 0.860 0.686 (0.482) (0.059)
----- ----- ------ ------
Net increase (decrease) in net
assets . .
from operations $1.075 $0.896 $0.396 $0.819
======
Net Asset Value at
September 30
------------------
Net assets $855,705 $889,539
Shares outstanding 68,110 67,996
Net asset value per share
outstanding $12.56 $13.08
Market Value Summary
--------------------
Market price on NYSE Amex at
September 30 $12.35 $13.90
High market price (period
ended September 30) $13.98 $13.95
Low market price (period ended
September 30) $11.02 $12.38
SOURCE Eaton Vance Management
