Eaton Vance Closed-End Municipal Bond Funds 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 March 31, 2006; Dividend per Common Share - The monthly dividend per common share paid in March 2006; 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 March 31, 2006; 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. (a source of the Funds' financial leverage) to total assets as of March 31, 2006. This information will continue to be released on a quarterly basis going forward. Earnings and UNII will fluctuate over time due to fund activity and /or 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. $116.5 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. on March 31, 2006 . Eaton Vance Management will make available periodic summary information regarding 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 Earnings Data as of March 31, 2006
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Earnings and UNII are 3 month averages unless indicated
Fund 3 Month Avg. March 3 Month Avg.
---- Earnings/ Dividend/ UNII/
Ticker Share Share Share Leverage(a)
-----------------------------------------------------
Eaton Vance
Municipal Income
Trust EVN $0.0728 $0.0750 $0.0269 33.6%
Eaton Vance
Insured
Municipal Bond
Fund EIM $0.0650 $0.0668 $0.0299 37.3%
Eaton Vance
Insured
Municipal Bond
Fund II EIV $0.0658 $0.0675 $0.0400 36.2%
Eaton Vance
California
Municipal Income
Trust CEV $0.0618 $0.0672 $0.0426 34.3%
Eaton Vance
Insured
California
Municipal Bond
Fund EVM $0.0629 $0.0645 $0.0359 37.7%
Eaton Vance
Insured
California
Municipal Bond
Fund II EIA $0.0616 $0.0638 $0.0416 37.0%
Eaton Vance
Florida
Municipal Income
Trust FEV $0.0624 $0.0605 $0.0354 34.1%
Eaton Vance
Insured Florida
Municipal Bond
Fund EIF $0.0605 $0.0591 $0.0283 35.8%
Eaton Vance
Massachusetts
Municipal Income
Trust MMV $0.0607 $0.0658 $0.0315 32.6%
Eaton Vance
Insured
Massachusetts
Muncipal Bond
Fund MAB $0.0596 $0.0640 $0.0528 36.4%
Eaton Vance
Michigan
Municipal Income
Trust EMI $0.0605 $0.0580 $0.0359 35.6%
Eaton Vance
Insured Michigan
Municipal Bond
Fund MIW $0.0605 $0.0623 $0.0126 37.3%
Eaton Vance New
Jersey Muncipal
Income Trust EVJ $0.0592 $0.0646 $0.0317 34.8%
Eaton Vance
Insured New
Jersey Municipal
Bond Fund EMJ $0.0620 $0.0666 $0.0481 36.3%
Eaton Vance New
York Municipal
Income Trust EVY $0.0607 $0.0682 $0.0428 34.1%
Eaton Vance
Insured New York
Municipal Bond
Fund ENX $0.0627 $0.0638 $0.0294 38.0%
Eaton Vance
Insured New York
Municipal Bond
Fund II NYH $0.0632 $0.0580 $0.0291 36.0%
Eaton Vance Ohio
Municipal Income
Trust EVO $0.0596 $0.0600 $0.0333 35.0%
Eaton Vance
Insured Ohio
Municipal Bond
Fund EIO $0.0596 $0.0610 $0.0198 36.4%
Eaton Vance
Pennsylvania
Municipal Income
Trust EVP $0.0621 $0.0625 $0.0239 35.5%
Eaton Vance
Insured
Pennsylvania
Municipal Bond
Fund EIP $0.0618 $0.0608 $0.0264 36.9%
(a) Based on total assets. Leverage 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 on March 17, 2006
to shareholders of record on March 10, 2006. Each Insured Municipal
Bond Fund paid a monthly dividend on March 31, 2006 to shareholders of
record on March 22, 2006.
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