Closed-End Municipal Bond Fund Data Now Available.BOSTON Boston, town, England Boston, town (1991 pop. 26,495), E central England, on the Witham River. Boston's fame as a port dates from the 13th cent., when it was a Hanseatic port trading wool and wine. Having recovered from a decline in the 18th and 19th cent. -- Eaton Vance Eaton Vance is an American financial services company headquartered in Boston, MA. It is traded on the New York Stock Exchange under the symbol EV.[1] At the end of the second quarter of the 2006 fiscal year, the company had assets under management of $118.8 billion. Management today disclosed dis·close tr.v. dis·closed, dis·clos·ing, dis·clos·es 1. To expose to view, as by removing a cover; uncover. 2. To make known (something heretofore kept secret). certain data for the Eaton Vance closed-end closed-end adj. Issuing a fixed number of shares that can be traded publicly but are not redeemable by the issuer: a closed-end investment company. municipal bond funds Municipal Bond Fund A mutual fund that invests in municipal bonds, operating either as an investment trust or as an open-end fund. Notes: Because the bonds are local government issues, they usually help to maximize tax-exempt income. (the "Funds"): Earnings per Common Share - The average monthly net investment income per common share (after payment of preferred dividends preferred dividend n. a payment of a corporation's profits to holders of preferred shares of stock. (See: preferred stock) ) for the three months ended June June: see month. 30, 2005; Dividend per Common Share - The monthly dividend per common share paid in June 2005; Undistributed Adj. 1. undistributed - (of investments) not distributed among a variety of securities undiversified - not diversified Net Investment Income (UNII UNII Unlicensed National Information Infrastructure UNII Undistributed Net Investment Income (closed-end mutual funds) ) 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, 2005; and Leverage - The ratio of outstanding auction rate preferred shares Preferred shares Preferred shares give investors a fixed dividend from the company's earnings and entitle them to be paid before common shareholders. See: Preferred stock. (source of the Funds' financial leverage) to total assets as of June 30, 2005. This information appears for each of the Funds on the attached page. Eaton Vance intends to update such information each quarter. Earnings, dividends, UNII and leverage will fluctuate over time due to Fund activity and/or and/or conj. Used to indicate that either or both of the items connected by it are involved. Usage Note: And/or is widely used in legal and business writing. market factors. The Funds are managed by Eaton Vance Management. Eaton Vance and its affiliates had approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. $101.5 billion in assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. as of May 31, 2005. Eaton Vance Management periodically makes available information on each of the Fund's portfolio investments. Those interested should call Eaton Vance at 617-482-8260. For more complete information about a Fund, including risks, charges, and expenses, please contact your financial adviser.
Closed-End Fund Data as of June 30, 2005
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3 Month 3 Month
Avg. June Avg.
Earnings/ Dividend/ UNII/ Lev-
Fund Name Ticker Share Share Share erage(a)
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Eaton Vance
Municipal Income
Trust EVN $0.0834 $0.0842 $0.0662 34.5%
Eaton Vance
Insured
Municipal Bond
Fund EIM $0.0707 $0.0743 $0.0779 37.1%
Eaton Vance
Insured
Municipal Bond
Fund II EIV $0.0726 $0.0834 $0.1256 36.0%
Eaton Vance
California
Municipal Income
Trust CEV $0.0686 $0.0672 $0.0498 34.2%
Eaton Vance
Insured
California
Municipal Bond
Fund EVM $0.0671 $0.0645 $0.0352 37.8%
Eaton Vance
Insured
California
Municipal Bond
Fund II EIA $0.0680 $0.0705 $0.0721 36.7%
Eaton Vance
Florida
Municipal Income
Trust FEV $0.0662 $0.0680 $0.0433 35.2%
Eaton Vance
Insured Florida
Municipal Bond
Fund EIF $0.0678 $0.0700 $0.0643 36.6%
Eaton Vance
Massachusetts
Municipal Income
Trust MMV $0.0633 $0.0658 $0.0590 33.6%
Eaton Vance
Insured
Massachusetts
Muncipal Bond
Fund MAB $0.0690 $0.0790 $0.1418 36.4%
Eaton Vance
Michigan
Municipal Income
Trust EMI $0.0672 $0.0663 $0.0332 35.1%
Eaton Vance
Insured Michigan
Municipal Bond
Fund MIW $0.0685 $0.0790 $0.1016 36.8%
Eaton Vance New
Jersey Municipal
Income Trust EVJ $0.0671 $0.0646 $0.0230 34.8%
Eaton Vance
Insured New
Jersey Municipal
Bond Fund EMJ $0.0682 $0.0800 $0.1405 36.0%
Eaton Vance New
York Municipal
Income Trust EVY $0.0712 $0.0758 $0.0791 33.9%
Eaton Vance
Insured New York
Municipal Bond
Fund ENX $0.0667 $0.0638 $0.0271 37.7%
Eaton Vance
Insured New York
Municipal Bond
Fund II NYH $0.0687 $0.0698 $0.0656 36.2%
Eaton Vance Ohio
Municipal Income
Trust EVO $0.0649 $0.0676 $0.0483 35.0%
Eaton Vance
Insured Ohio
Municipal Bond
Fund EIO $0.0645 $0.0610 $0.0171 36.7%
Eaton Vance
Pennsylvania
Municipal Income
Trust EVP $0.0676 $0.0750 $0.0814 35.5%
Eaton Vance
Insured
Pennsylvania
Municipal Bond
Fund EIP $0.0667 $0.0700 $0.0628 37.1%
(a) Based on total assets. Leverage is achieved through the issuance
of auction rate preferred shares. 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).
Each Municipal Income Trust paid a monthly dividend at the indicated rate on June 16 to shareholders of record on June 9, 2005. Each Insured Municipal Bond Fund paid a monthly dividend at the indicated rate on June 30 to shareholders of record on June 23, 2005. |
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