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Evergreen Closed-End Funds Declare Monthly Dividends

Evergreen Investments today announced the dividend declaration for Evergreen Income Advantage Fund (NYSE Amex: EAD), Evergreen Utilities and High Income Fund (NYSE Amex: ERH), Evergreen International Balanced Income Fund (NYSE: EBI), Evergreen Multi-Sector Income Fund (NYSE Amex: ERC) and Evergreen Global Dividend Opportunity Fund (NYSE: EOD).

Evergreen Income Advantage Fund is a closed-end high-yield bond fund. The Fund’s investment objective is to seek a high level of current income. The Fund may, as a secondary objective, seek capital appreciation to the extent it is consistent with its investment objective.

Evergreen Income Advantage Fund declared the following monthly dividend from ordinary income:

  Declaration Date     Ex-Dividend Date     Record Date     Payable Date     Dividend Rate/Share
May 21, 2010 June 11, 2010 June 15, 2010 July 1, 2010 $0.085/share

Evergreen Utilities and High Income Fund is a closed-end equity and high-yield bond fund. The Fund’s primary investment objective is to seek a high level of current income and moderate capital growth, with emphasis on providing tax-advantaged dividend income.

Evergreen Utilities and High Income Fund declared the following monthly dividend from ordinary income:

  Declaration Date     Ex-Dividend Date     Record Date     Payable Date     Dividend Rate/Share
May 21, 2010 June 11, 2010 June 15, 2010 July 1, 2010 $0.075/share

Evergreen International Balanced Income Fund is a closed-end fund investing primarily in international stocks and bonds. The Fund’s investment objective is to seek to provide a high level of income.

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SYM TRADE IT LAST %CHG
EOD $7.51 0.00%
EAD $8.90 0.00%
ERH $12.88 0.00%
ERC $13.44 0.00%
WFC $54.05 0.00%

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