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Evergreen Closed End Funds Declare Monthly Dividends.


BOSTON -- Evergreen Investments Evergreen Investments is the brand name under which Wachovia Corporation conducts its investment management business. Wachovia Global Asset Management is the brand name under which Evergreen Investments conducts sales and distribution business outside of the United States.  today announced the dividend declaration for Evergreen Income Advantage Fund (AMEX AMEX

See: American Stock Exchange
:EAD EAD Ensino A Distancia (Brazil)
EAD Encoded Archival Description (DTD for SGML)
EAD Employment Authorization Document (US INS)
EAD Exposure At Default
), Evergreen Managed Income Fund (AMEX:ERC (database) ERC - An extended entity-relationship model. ), Evergreen Utilities and High Income Fund (AMEX:ERH ERH Equilibrium Relative Humidity
ERH Extended Riemann Hypothesis (mathematics)
ERH Electrical Resistive Heating
ERH East Renton Highlands (Washington) 
) and Evergreen International Balanced Income Fund (NYSE NYSE

See: New York Stock Exchange
:EBI See electron beam imaging. ).

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 consistent with its investment objective.

Evergreen Income Advantage Fund declared the following monthly dividend from ordinary income:
[TABLE OMITTED]


Evergreen Managed Income Fund is a closed-end bond fund. The fund's primary investment objective is to seek a high level of current income consistent with limiting its overall exposure to domestic interest rate risk.

Evergreen Managed Income Fund declared the following monthly dividend from ordinary income:
[TABLE OMITTED]


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:
[TABLE OMITTED]


Evergreen International Balanced Income Fund is a closed-end fund Closed-end fund

An investment company that issues shares like any other corporation and usually does not redeem its shares. A publicly traded fund sold on stock exchanges or over the counter that may trade above or below its net asset value. Related: Open-end fund.
 investing primarily in international stocks and bonds. The fund's investment objective is to seek to provide a high level of income.

Evergreen International Balanced Income Fund declared the following monthly dividends from ordinary income:
[TABLE OMITTED]


To make changes to your account, please contact your financial advisor, brokerage firm, bank, or other nominee with whom your shares are registered. If your shares are registered with the funds' transfer agent, Computershare, please contact them directly at 800.730.6001 or visit www.computershare.com.

About Evergreen Investments

Evergreen Investments is the brand name under which Wachovia Corporation (NYSE:WB) conducts its investment management business. Wachovia Global Asset Management is the brand name under which Evergreen Investments conducts sales and distribution business outside of the United States. Combined, the groups serve more than four million individual and institutional investors through a broad range of investment products. Led by 300 investment professionals, Evergreen Investments strives to meet client investment objectives through disciplined, team-based asset management. Evergreen Investments manages more than $258 billion in assets (as of September 30, 2006). Please visit EvergreenInvestments.com for more information about Evergreen Investments.
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Publication:Business Wire
Date:Oct 20, 2006
Words:392
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