Eaton Vance Closed-End Bank Loan Funds Declare Monthly Dividends.BOSTON -- On February 12, 2007, 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, the Boston-based investment adviser, announced the monthly distributions declared on the common shares of two of its closed-end bank loan funds (the "Funds"). The record date for the distributions is February 21, 2007, and the payable date is February 28, 2007. The ex-date Ex-Date The date on or after which a security is traded without a previously declared dividend or distribution. After the ex-date, a stock is said to trade ex-dividend. Notes: is February 16, 2007. The distribution per share, closing market price (or last trade price), on February 9, 2007, and annualized annualized Of or relating to a variable that has been mathematically converted to a yearly rate. Inflation and interest rates are generally annualized since it is on this basis that these two variables are ordinarily stated and compared. market yield for each Fund are as follows: [TABLE OMITTED] 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 common shares could change. The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol EV. Eaton Vance and its affiliates had $133.1 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. on December 31, 2006. Eaton Vance will make available periodic summary information regarding the Funds' portfolio investments. Those interested should call Eaton Vance Management at 800-262-1122. |
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