Eaton Vance Municipal Income Trusts Declare Monthly Dividends.BOSTON -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly dividends declared on the common shares of nine of its closed-end municipal bond funds ("Funds"). The announcement reflects a reduction in the monthly dividend for six of the nine funds (EVN EVN Yerevan, Armenia (Airport Code) EVN Escape Velocity: Nova (computer game) EVN Energie Versorgung Niederösterreich AG EVN Eurovision News Exchange EVN Engineering Variation Notice EVN Every Voice Network , FEV FEV forced expiratory volume. FEV abbr. forced expiratory volume FEV forced expiratory volume. , EMI (ElectroMagnetic Interference) An electrical disturbance in a system due to natural phenomena, low-frequency waves from electromechanical devices or high-frequency waves (RFI) from chips and other electronic devices. Allowable limits are governed by the FCC. , EVY, EVO & EVP). The amount of monthly dividend distributions may vary depending on a number of factors, including changes in portfolio and market conditions. The record date for the dividends is January 10, 2006, and the payable date is January 17, 2006. The ex-dividend date is January 6, 2006. The dividend per share, closing market price on December 29, 2005 (or last trade price), 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: Dividend Closing Annualized Fund Per Share Price Yield Eaton Vance Municipal Income Trust (NYSE:EVN) $0.075000 $15.10 5.96% Eaton Vance California Municipal Income Trust (AMEX:CEV) $0.067169 $13.71 5.88% Eaton Vance Florida Municipal Income Trust (AMEX:FEV) $0.060500 $14.32 5.07% Eaton Vance Massachusetts Municipal Income Trust (AMEX:MMV) $0.065750 $15.09 5.23% Eaton Vance Michigan Municipal Income Trust (AMEX:EMI) $0.058000 $13.70 5.08% Eaton Vance New Jersey Municipal Income Trust (AMEX:EVJ) $0.064584 $14.60 5.31% Eaton Vance New York Municipal Income Trust (AMEX:EVY) $0.068250 $15.85 5.17% Eaton Vance Ohio Municipal Income Trust (AMEX:EVO) $0.060085 $14.66 4.92% Eaton Vance Pennsylvania Municipal Income Trust (AMEX:EVP) $0.062500 $16.00 4.69% Common shares of Eaton Vance Municipal Income Trust are traded 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. , and common shares of the state municipal bond funds are traded on the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. . The funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had $108.5 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 October 31, 2005. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at 617-482-8260. |
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