BOSTON, July 30, 2014 /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 June
30, 2014;
Dividend per Common Share – The monthly dividend per
common share paid in June 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
June 30, 2014.
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Closed-End Fund
Earnings Data June 30, 2014
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Fund
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3 Month
Avg.
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June
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3 Month
Avg.
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Ticker
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Earnings/Share
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Dividend/Share
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UNII/Share
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Eaton Vance
Municipal Income Trust
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EVN
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$0.07612
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$0.07500
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$0.05947
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Eaton Vance
Municipal Income Term Trust
|
ETX
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$0.07384
|
$0.07083
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$0.15144
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Eaton Vance
Municipal Bond Fund
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EIM
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$0.06501
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$0.06384
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$0.02560
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Eaton Vance
Municipal Bond Fund II
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EIV
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$0.06367
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$0.06312
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$0.03181
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Eaton Vance
National Municipal Opportunities Trust
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EOT
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$0.08833
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$0.08583
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$0.06941
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Eaton Vance
California Municipal Income Trust
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CEV
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$0.06235
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$0.06134
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$0.01833
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Eaton Vance
California Municipal Bond Fund
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EVM
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$0.05878
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$0.05450
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$0.09315
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Eaton Vance
California Municipal Bond Fund II
|
EIA
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$0.06317
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$0.06092
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$0.03418
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Eaton Vance
Massachusetts Municipal Income Trust
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MMV
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$0.05938
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$0.05717
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$0.01819
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Eaton Vance
Massachusetts Municipal Bond Fund
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MAB
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$0.06412
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$0.06333
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$0.04700
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Eaton Vance
Michigan Municipal Income Trust
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EMI
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$0.05969
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$0.05908
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$0.01922
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Eaton Vance
Michigan Municipal Bond Fund
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MIW
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$0.06331
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$0.06075
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$0.05215
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Eaton Vance New
Jersey Municipal Income Trust
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EVJ
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$0.06180
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$0.06067
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$0.02702
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Eaton Vance New
Jersey Municipal Bond Fund
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EMJ
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$0.06140
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$0.05833
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$0.07793
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Eaton Vance New
York Municipal Income Trust
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EVY
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$0.06931
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$0.07250
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$0.03654
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Eaton Vance New
York Municipal Bond Fund
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ENX
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$0.06260
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$0.05733
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$0.10781
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Eaton Vance New
York Municipal Bond Fund II
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NYH
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$0.06053
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$0.05725
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$0.05910
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Eaton Vance Ohio
Municipal Income Trust
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EVO
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$0.06254
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$0.06092
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$0.06841
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Eaton Vance Ohio
Municipal Bond Fund
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EIO
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$0.05952
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$0.05850
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$0.03885
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Eaton Vance
Pennsylvania Municipal Income Trust
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EVP
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$0.06144
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$0.06475
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$0.02849
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Eaton Vance
Pennsylvania Municipal Bond Fund
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EIP
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$0.06760
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$0.06442
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$0.08425
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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 $293.6 billion
in assets as of June 30, 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.
SOURCE Eaton Vance Management