Eaton Vance Municipal Income Trusts Declare Increases in Monthly Distributions
January 29 2010 - 2:11PM
PR Newswire (US)
BOSTON, Jan. 29 /PRNewswire-FirstCall/ -- Eaton Vance Management,
the Boston-based investment adviser, today announced the monthly
distributions declared on the common shares of eight of its
closed-end municipal bond funds ("Funds"). The announcement
reflects an increase in the monthly distribution for Eaton Vance
Municipal Income Trust (NYSE:EVN), Eaton Vance California Municipal
Income Trust (NYSE Amex: CEV) and Eaton Vance New York Municipal
Income Trust (NYSE Amex: EVY). The record date for the
distributions is February 10, 2010, and the payable date is
February 17, 2010. The ex-date is February 8, 2010. The
distribution per share, closing market price on January 28, 2010
(or last trade price), and annualized market yield for each Fund is
as follows: Distribution Closing Annualized Fund Per Share Market
Price Yield Eaton Vance Municipal Income Trust (NYSE:EVN) $0.079166
$11.98 7.93% Eaton Vance California Municipal Income Trust (NYSE
Amex: CEV) $0.073837 $12.32 7.19% Eaton Vance Massachusetts
Municipal Income Trust (NYSE Amex: MMV) $0.075500 $14.10 6.43%
Eaton Vance Michigan Municipal Income Trust (NYSE Amex: EMI)
$0.071584 $12.07 7.12% Eaton Vance New Jersey Municipal Income
Trust (NYSE Amex: EVJ) $0.079001 $14.15 6.70% Eaton Vance New York
Municipal Income Trust (NYSE Amex: EVY) $0.075834 $13.35 6.82%
Eaton Vance Ohio Municipal Income Trust (NYSE Amex: EVO) $0.074252
$13.27 6.71% Eaton Vance Pennsylvania Municipal Income Trust (NYSE
Amex: EVP) $0.072250 $13.15 6.59% The amount of monthly
distributions may vary depending on a number of factors. As
portfolio and market conditions change, the rate of distributions
on the Funds' common shares could change. 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 $163.1 billion in assets as
of December 31, 2009 offering individuals and institutions a broad
array of financial products and wealth solutions including mutual
funds, managed accounts, variable trusts and charitable giving
services. A combination of tradition, proven long-term performance
and more than 80 years of experience have made Eaton Vance the
investment manager of choice for many investors. For more
information about Eaton Vance, visit http://www.eatonvance.com/.
DATASOURCE: Eaton Vance Management CONTACT: Investor Contact:
+1-800-262-1122 Web Site: http://www.eatonvance.com/
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