{ "market" : {"NAME" : "U.S.", "ID" : "us_market", "TZ" : "ET", "TZOFFSET" : "-18000", "open" : "1258986623", "close" : "1259010023", "flags" : {}} , "STREAMER_SERVER" : "http://streamerapi.finance.yahoo.com","arrowAsChangeSign" : false,"throttleInterval": "1000"}
prnewswire

Eaton Vance Closed-End Fund Quarterly Data Now Available

  • Press Release
  • Source: Eaton Vance Management
  • On 10:43 am EDT, Wednesday October 28, 2009

BOSTON, Oct. 28 /PRNewswire-FirstCall/ -- Eaton Vance Management announced that quarterly fund data as of September 30, 2009, including performance, call schedule for issues held, top-ten holdings, and sector weightings, is available for the Eaton Vance closed-end funds. The information is available on Eaton Vance's website at www.eatonvance.com on the fund information pages under "Individual Investors - Closed-End Funds."

Related Quotes

SymbolPriceChange
CEV12.350.00
Chart for EATON VANCE CA SBI
{"s" : "cev,eia,eim,eio,eip,eiv,emi,emj,enx,eot,ev,evj,evm,evn,evo,evp,evy,mab,miw,mmv,nyh","k" : "c10,l10,p20,t10","o" : "","j" : ""}

Eaton Vance Management today also disclosed the following data for the Eaton Vance closed-end municipal bond funds (referred to below as the "Municipal Funds"):

Earnings per Common Share - The average monthly net investment income per common share (after payment of preferred dividends) for the three months ended September 30, 2009;

Dividend per Common Share - The monthly dividend per common share paid in September 2009;

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 September 30, 2009; and

Leverage - The ratio of outstanding auction rate preferred shares (a source of the Municipal Funds' financial leverage) ("APS") to total assets as of September 30, 2009.(1)

Earnings and UNII will fluctuate over time due to fund activity and /or market factors.

For more information about a Fund, please see the Funds' annual and semi annual shareholder reports or contact your financial adviser In addition, certain month-end fund performance data, including total returns, are posted to the website shortly after the end of each calendar month for the most recent month-end. Calendar quarter-end portfolio holdings for the most recent calendar quarter-end are also posted to the website approximately 30 days following the end of the applicable quarter. Those interested should call Eaton Vance at (800) 262-1122.

The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE: EV - News), one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $157.0 billion in assets as of September 30, 2009, 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. For more information about Eaton Vance, visit www.eatonvance.com.

(1) The leverage percentage quoted refers only to the ratio involving a Municipal Fund's APS outstanding on September 30, 2009. During 2008, three of the Municipal Funds redeemed their APS in full while many other have redeemed their APS in part. Replacement financing for these Municipal Funds has been provided by the creation of Tender Option Bond trusts.

    Closed-End Fund Earnings Data September 30, 2009
    ------------------------------------------------
    Earnings and UNII are 3 month averages unless indicated
    -------------------------------------------------------

    Fund                        3 Month Avg.  September  3 Month Avg.
                                  Earnings/   Dividend/    UNII/
                         Ticker     Share      Share       Share    Leverage*

    Eaton Vance
     Municipal
     Income Trust         EVN     $0.08010    $0.07583    $0.06870   31.20%
    Eaton Vance
     Insured Municipal
     Bond Fund            EIM     $0.07560    $0.07467    $0.13100     +
    Eaton Vance Insured
     Municipal Bond
     Fund II              EIV     $0.08020    $0.07687    $0.15180   25.90%
    Eaton Vance National
     Municipal
     Opportunities
     Trust                EOT     $0.10110    $0.10333    $0.05520     +
    Eaton Vance
     California
     Municipal Income
     Trust                CEV     $0.07570    $0.07217    $0.06990   34.10%
    Eaton Vance Insured
     California Municipal
     Bond Fund            EVM     $0.07210    $0.06992    $0.11180     +
    Eaton Vance Insured
     California Municipal
     Bond Fund II         EIA     $0.07090    $0.07092    $0.08910   33.90%
    Eaton Vance
     Massachusetts
     Municipal Income
     Trust                MMV     $0.07360    $0.07550    $0.11470   33.60%
    Eaton Vance Insured
     Massachusetts
     Municipal
     Bond Fund            MAB     $0.06770    $0.06916    $0.06760   34.50%
    Eaton Vance Michigan
     Municipal Income
     Trust                EMI     $0.07150    $0.07158    $0.09300   37.30%
    Eaton Vance Insured
     Michigan Municipal
     Bond Fund            MIW     $0.07190    $0.07199    $0.09530   37.40%
    Eaton Vance New
     Jersey Municipal
     Income Trust         EVJ     $0.07830    $0.07900    $0.11420   33.30%
    Eaton Vance Insured
     New Jersey Municipal
     Bond Fund            EMJ     $0.07520    $0.07542    $0.10940   34.20%
    Eaton Vance New York
     Municipal Income
     Trust                EVY     $0.07700    $0.07334    $0.05690   31.10%
    Eaton Vance Insured
     New York Municipal
     Bond Fund            ENX     $0.07050    $0.06692    $0.06500     +
    Eaton Vance Insured
     New York Municipal
     Bond Fund II         NYH     $0.07120    $0.07267    $0.14350   27.50%
    Eaton Vance Ohio
     Municipal
     Income Trust         EVO     $0.07370    $0.07425    $0.11130   36.10%
    Eaton Vance Insured
     Ohio Municipal
     Bond Fund            EIO     $0.06660    $0.06183    $0.05900   34.20%
    Eaton Vance
     Pennsylvania
     Municipal Income
     Trust                EVP     $0.07090    $0.07225    $0.09040   35.30%
    Eaton Vance Insured
     Pennsylvania
     Municipal
     Bond Fund            EIP     $0.06990    $0.06900    $0.14160   34.70%

*Based on total assets. Leverage achieved through the issuance of APS. Use of financial leverage creates an opportunity for increased income, but at the same time creates special risks (including the likelihood of greater volatility of net asset value and market prices of common shares). Please see note above entitled "Leverage" for further information on these percentages.

+ Beginning in May 2008 through August 2008, the Fund redeemed in full its APS.

Each Municipal Income Trust paid a monthly dividend on September 17, 2009 to shareholders of record on September 10, 2009. Each Insured Municipal Bond Fund paid a monthly dividend on September 30, 2009 to shareholders of record on September 23, 2009. As portfolio and market conditions change, the rate of future distributions may change.

Sponsored Links

Copyright © 2009 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.