Press Releases

Eaton Vance Municipal Income Trusts Declare Monthly Distributions

 

BOSTON, March 31 /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 record date for the distributions is April 12, 2010, and the payable date is April 19, 2010. The ex-date is April 8, 2010. The distribution per share, closing market price on March 30, 2010 (or last trade price), and annualized market yield for each Fund is as follows:

    
    
    
                                                       Closing    
                                         Distribution   Market    Annualized
    Fund                                  Per Share     Price        Yield
    
    Eaton Vance Municipal Income
     Trust (NYSE: EVN)                    $0.079166     $12.40       7.66%
    Eaton Vance California Municipal
     Income Trust (NYSE Amex: CEV)        $0.073837     $12.33       7.19%
    Eaton Vance Massachusetts
     Municipal Income Trust 
     (NYSE Amex: MMV)                     $0.075500     $13.87       6.53%
    Eaton Vance Michigan Municipal
     Income Trust (NYSE Amex: EMI)        $0.071584     $12.20       7.04%
    Eaton Vance New Jersey Municipal
     Income Trust (NYSE Amex: EVJ)        $0.079001     $14.43       6.57%
    Eaton Vance New York Municipal
     Income Trust (NYSE Amex: EVY)        $0.075834     $13.90       6.55%
    Eaton Vance Ohio Municipal Income
     Trust (NYSE Amex: EVO)               $0.074252     $14.07       6.33%
    Eaton Vance Pennsylvania
     Municipal Income Trust 
     (NYSE Amex: EVP)                     $0.072250     $13.44       6.45%

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 $161.6 billion in assets as of January 31, 2010, 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.

SOURCE Eaton Vance Management

>To order reprints of this article, click here: Reprints

Copyright 2009 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,454.83 1,317.82 2,837.53 17.45
Oil *
107.57
DOWN
74.92
DOWN
2.86
DOWN
1.85
DOWN
0.14
10 Yr
1.74%
SPDR Gold
152.68
-0.60%
-0.22%
-0.07%
-0.80%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet