EATON VANCE MUNICIPAL INCOME TRUST BOSTON, Jan. 16, 2015 /PRNewswire/ -- Eaton Vance Management today disclosed certain data for the Eaton Vance closed-end municipal bond funds (the "Funds"):
Earnings per Common Share - The average monthly net investment income per common share (after payment of preferred dividends) for the three months ended December 31, 2014;
Dividend per Common Share - The monthly dividend per common share paid in December 2014;
Undistributed Net Investment Income (UNII) per Common Share - The average balance at month end of undistributed net investment income per common share for the three months ended December 31, 2014.
Closed-End Fund Earnings Data December 31, 2014
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Earnings and UNII are 3 month averages unless indicated
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Fund 3 Month Avg. December 3 Month Avg.
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Ticker Earnings/Share Dividend/Share UNII/Share
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Eaton Vance Municipal Income Trust EVN $0.07604 $0.07500 $0.04533
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Eaton Vance Municipal Income Term Trust ETX $0.07460 $0.07083 $0.17383
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Eaton Vance Municipal Bond Fund EIM $0.06403 $0.06384 $0.03012
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Eaton Vance Municipal Bond Fund II EIV $0.06030 $0.06312 $0.01495
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Eaton Vance National Municipal Opportunities Trust EOT $0.09524 $0.08583 $0.09953
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Eaton Vance California Municipal Income Trust CEV $0.06084 $0.06134 $0.02098
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Eaton Vance California Municipal Bond Fund EVM $0.05764 $0.05700 $0.10552
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Eaton Vance California Municipal Bond Fund II EIA $0.06248 $0.06092 $0.04739
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Eaton Vance Massachusetts Municipal Income Trust MMV $0.05998 $0.05717 $0.03174
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Eaton Vance Massachusetts Municipal Bond Fund MAB $0.06589 $0.06333 $0.05823
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Eaton Vance Michigan Municipal Income Trust EMI $0.05954 $0.05908 $0.02730
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Eaton Vance Michigan Municipal Bond Fund MIW $0.06462 $0.06575 $0.06540
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Eaton Vance New Jersey Municipal Income Trust EVJ $0.05977 $0.06067 $0.02713
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Eaton Vance New Jersey Municipal Bond Fund EMJ $0.06231 $0.06250 $0.08917
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Eaton Vance New York Municipal Income Trust EVY $0.06663 $0.06833 $0.01765
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Eaton Vance New York Municipal Bond Fund ENX $0.06212 $0.05983 $0.12472
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Eaton Vance New York Municipal Bond Fund II NYH $0.05993 $0.05725 $0.07310
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Eaton Vance Ohio Municipal Income Trust EVO $0.06212 $0.06092 $0.07929
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Eaton Vance Ohio Municipal Bond Fund EIO $0.05926 $0.05850 $0.04284
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Eaton Vance Pennsylvania Municipal Income Trust EVP $0.05991 $0.06058 $0.01489
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Eaton Vance Pennsylvania Municipal Bond Fund EIP $0.06670 $0.06442 $0.10150
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Earnings and UNII will fluctuate over time due to fund activity and /or market factors.
The Funds are 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 $296.0 billion in assets as of December 31, 2014, offering individuals and institutions a broad array of investment products 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.
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Shares of closed-end funds often trade at a discount to NAV. The market price of Fund shares can be affected by factors such as changing perceptions about the Fund, market conditions, fluctuations in supply and demand for Fund shares, or changes in Fund distributions. Fund shares are subject to investment risk, including possible loss of principal invested. No Fund is a complete investment program and you may lose money investing in a Fund. An investment in a Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, risks, charges and expenses.
For more information about the Funds or Eaton Vance, visit www.eatonvance.com.
About Risk. An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Longer-term bonds typically are more sensitive to interest-rate changes than shorter-term bonds. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of non-payment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. Investments rated below investment grade (typically referred to as "junk") are generally subject to greater price volatility and illiquidity than higher rated investments. Derivatives instruments can be used to take both long and short positions, be highly volatile, result in economic leverage (which can magnify losses), and involve risks in addition to the risks of the underlying instrument on which the derivative is based, such as counterparty, correlation and liquidity risk. If a counterparty is unable to honor its commitments, the value of Fund shares may decline and/or the Fund could experience delays in the return of collateral or other assets held by the counterparty. Borrowing to increase investments (leverage) will exaggerate the effect of any increase or decrease in the value of Fund investments. No Fund is a complete investment program and you may lose money investing in a Fund. The Funds may engage in other investment practices that may involve additional risks.
Eaton Vance Management. Eaton Vance Distributors, Inc., Member FINRA / SIPC, is an affiliate of Eaton Vance Management.
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SOURCE Eaton Vance Management
