Emi (AMEX:EMI)
Historical Stock Chart
From Jan 2020 to Jan 2025
Fund Data Now Available
BOSTON, July 21 /PRNewswire-FirstCall/ -- Eaton Vance Management today disclosed certain data for the Eaton Vance closed-end municipal bond funds (the "Funds"):
Earnings per Common Share -- The average monthly net investment income per common share (after payment of preferred dividends) for the three months ended June 30, 2009;
Dividend per Common Share -- The monthly dividend per common share paid in June 2009;
Undistributed Net Investment Income (UNII) 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, 2009; and
Leverage -- The ratio of outstanding auction rate preferred shares (a source of the Funds' financial leverage) ("APS") to total assets as of June 30, 2009.(1)
Earnings and UNII will fluctuate over time due to fund activity and /or market factors.
For more information about a Fund, please see the Funds' annual and semi annual shareholder reports or contact your financial adviser. In addition, Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (800) 262-1122.
The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE:EV), based in Boston, one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $136.3 billion in assets as of June 30, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.
Closed-End Fund Earnings Data June 30, 2009
-------------------------------------------
Earnings and UNII are 3 month averages unless indicated
-------------------------------------------------------
3 Month Avg. June 3 Month Avg.
Fund Ticker Earnings/Share Dividend/Share UNII/Share Leverage*
---- ------ -------------- -------------- ---------- ---------
Eaton Vance
Municipal
Income Trust EVN $0.0697 $0.07000 $0.0567 36.60%
Eaton Vance
Insured
Municipal
Bond Fund EIM $0.0734 $0.06675 $0.1121 +
Eaton Vance
Insured
Municipal
Bond Fund II EIV $0.0779 $0.07379 $0.1366 29.40%
Eaton Vance
California
Municipal
Income Trust CEV $0.0738 $0.06467 $0.0523 38.10%
Eaton Vance
Insured
California
Municipal
Bond Fund EVM $0.0708 $0.06492 $0.0936 +
Eaton Vance
Insured
California
Municipal
Bond Fund II EIA $0.0698 $0.06592 $0.0772 38.20%
Eaton Vance
Massachusetts
Municipal
Income Trust MMV $0.0758 $0.06992 $0.1113 37.40%
Eaton Vance
Insured
Massachusetts
Municipal
Bond Fund MAB $0.0725 $0.06650 $0.0653 38.20%
Eaton Vance
Michigan
Municipal
Income Trust EMI $0.0724 $0.06508 $0.0847 40.70%
Eaton Vance
Insured
Michigan
Municipal
Bond Fund MIW $0.0726 $0.06650 $0.0869 40.30%
Eaton Vance
New Jersey
Municipal
Income Trust EVJ $0.0748 $0.07000 $0.1065 37.30%
Eaton Vance
Insured
New Jersey
Municipal
Bond Fund EMJ $0.0739 $0.07167 $0.1050 38.10%
Eaton Vance
New York
Municipal
Income Trust EVY $0.0746 $0.07117 $0.0447 34.70%
Eaton Vance
Insured
New York
Municipal
Bond Fund ENX $0.0654 $0.06175 $0.0464 +
Eaton Vance
Insured
New York
Municipal
Bond Fund II NYH $0.0696 $0.06892 $0.1433 30.60%
Eaton Vance
Ohio
Municipal
Income Trust EVO $0.0739 $0.06592 $0.1031 39.60%
Eaton Vance
Insured
Ohio
Municipal
Bond Fund EIO $0.0644 $0.05933 $0.0430 37.60%
Eaton Vance
Pennsylvania
Municipal
Income Trust EVP $0.0743 $0.06583 $0.0839 38.70%
Eaton Vance
Insured
Pennsylvania
Municipal
Bond Fund EIP $0.0714 $0.06458 $0.1296 38.40%
*Based on total assets. Leverage achieved through the issuance of APS. 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). Please see note above entitled "Leverage" for further information on these percentages.
+ Beginning in May 2008 through August 2008, the Fund redeemed in full its APS.
Each Municipal Income Trust paid a monthly dividend on June 17, 2009 to shareholders of record on June 10, 2009. Each Insured Municipal Bond Fund paid a monthly dividend on June 30, 2009 to shareholders of record on June 23, 2009. As portfolio and market conditions change, the rate of future distributions may change.
(1) The leverage percentage quoted refers only to the ratio involving a Fund's APS outstanding on June 30, 2009. During 2008, three of the Funds redeemed their APS in full while many other have redeemed their APS in part. Replacement financing for these Funds has been provided by the creation of Tender Option Bond trusts.
DATASOURCE: Eaton Vance Management
CONTACT: Investors, Eaton Vance Management, +1-800-262-1122
Web Site: http://www.eatonvance.com/