BOSTON, July 16, 2013 /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, 2013;
Dividend per Common Share – The monthly dividend per common share paid in June 2013;
Undistributed Net Investment Income (UNII) per Common Share – The average balance at month end of undistributed net investment income per common share (net of pending distributions) for the three months ended June 30, 2013.
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 $260.6 billion in assets as of June 30, 2013, 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.
Each Fund is a closed-end investment product. Common shares of a Fund are available for purchase/sale on the stock exchange on which they are listed at current market price. The data in this report is for informational purposes only and not for trading purposes. Shares of closed-end funds often trade at a discount from their net asset value. The market price of Fund shares may vary from net asset value based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors' expectations for future distribution changes, the clarity of the Fund's investment strategy and future return expectations, and investors' confidence in the underlying markets in which the Fund invests. The Fund is subject to numerous risks, including investment risks. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors. Investors should review and consider carefully the Fund's investment objective, risks, charges and expenses.
For more information about the Funds or Eaton Vance, visit www.eatonvance.com.
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Closed-End Fund Earnings Data June 30, 2013
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Earnings and UNII are 3 month averages unless indicated
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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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$0.07158
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$0.07833
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$0.00707
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Eaton Vance Municipal Income Term Trust
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ETX
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$0.04273
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$0.07083
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$0.03709
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Eaton Vance Municipal Bond Fund
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EIM
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$0.06340
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$0.06384
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$0.01009
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Eaton Vance Municipal Bond Fund II
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EIV
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$0.06189
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$0.06312
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$0.02488
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Eaton Vance National Municipal Opportunities Trust
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EOT
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$0.08953
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$0.08583
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$0.01914
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Eaton Vance California Municipal Income Trust
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CEV
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$0.06185
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$0.06550
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($0.00928)
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Eaton Vance California Municipal Bond Fund
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EVM
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$0.05819
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$0.05450
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$0.04493
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Eaton Vance California Municipal Bond Fund II
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EIA
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$0.06124
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$0.06092
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$0.01258
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Eaton Vance Massachusetts Municipal Income Trust
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MMV
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$0.06111
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$0.06467
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($0.03280)
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Eaton Vance Massachusetts Municipal Bond Fund
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MAB
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$0.06539
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$0.06333
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$0.02839
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Eaton Vance Michigan Municipal Income Trust
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EMI
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$0.05852
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$0.06242
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($0.03491)
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Eaton Vance Michigan Municipal Bond Fund
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MIW
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$0.06222
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$0.06075
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$0.02410
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Eaton Vance New Jersey Municipal Income Trust
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EVJ
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$0.06099
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$0.06567
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($0.01108)
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Eaton Vance New Jersey Municipal Bond Fund
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EMJ
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$0.05876
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$0.05833
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$0.03836
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Eaton Vance New York Municipal Income Trust
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EVY
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$0.06787
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$0.07250
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($0.00791)
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Eaton Vance New York Municipal Bond Fund
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ENX
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$0.06093
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$0.05733
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$0.04513
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Eaton Vance New York Municipal Bond Fund II
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NYH
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$0.05789
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$0.05725
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$0.02597
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Eaton Vance Ohio Municipal Income Trust
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EVO
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$0.06101
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$0.06092
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($0.02363)
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Eaton Vance Ohio Municipal Bond Fund
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EIO
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$0.05843
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$0.05850
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$0.02139
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Eaton Vance Pennsylvania Municipal Income Trust
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EVP
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$0.06013
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$0.06475
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($0.00250)
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Eaton Vance Pennsylvania Municipal Bond Fund
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EIP
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$0.06576
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$0.06442
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$0.04190
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Each Municipal Income Trust paid a monthly dividend on June 18, 2013 to shareholders of record on June 11, 2013. Each Municipal Bond Fund and the Municipal Income Term Trust paid a monthly dividend on June 28, 2013 to shareholders of record on June 21, 2013. As portfolio and market conditions change, the rate of future distributions may change.
SOURCE Eaton Vance Management