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MUNI PIMCO Intermediate Municipal Bond ExchangeTraded Fund

51.98
0.00 (0.00%)
30 Jan 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
PIMCO Intermediate Municipal Bond ExchangeTraded Fund AMEX:MUNI AMEX Exchange Traded Fund
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 51.98 0 00:00:00

Eaton Vance Massachusetts Municipal Income Trust Report Of Earnings

14/07/2005 2:52pm

Business Wire


PIMCO Intermediate Munic... (AMEX:MUNI)
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Eaton Vance Massachusetts Municipal Income Trust (AMEX:MMV), a non-diversified closed-end investment company, today announced the earnings of the Trust for the three and six-month periods ended May 31, 2005. The Trust's fiscal year ends on November 30, 2005. For the three months ended May 31, 2005, the Trust had net investment income of $657,122 ($0.243 per common share). From this amount, the Trust paid dividends on preferred shares of $108,101 (equal to $0.040 for each common share), resulting in net investment income after the preferred dividends of $549,021, or $0.203 per common share. The Trust's net investment income for the six months ended May 31, 2005 increased to $1,339,421 ($0.496 per common share, before deduction of the preferred share dividends totaling $0.062 per common share), resulting in net investment income after the preferred dividends of $0.434 per common share. In comparison, for the three months ended May 31, 2004, the Trust had net investment income of $723,355 ($0.270 per common share). From this amount, the Trust paid dividends on preferred shares of $32,822 (equal to $0.012 for each common share), resulting in net investment income after the preferred dividends of $690,533, or $0.258 per common share. The Trust's net investment income for the six months ended May 31, 2004 increased to $1,423,296 ($0.532 per common share, before deduction of the preferred share dividends totaling $0.028 per common share), resulting in net investment income after the preferred dividends of $0.504 per common share. Net realized and unrealized gains for the three months ended May 31, 2005 were $267,743 ($0.107 per common share). The Trust's net realized and unrealized gains for the six months ended May 31, 2005 were $1,610,197 ($0.605 per common share). In comparison, net realized and unrealized losses for the three months ended May 31, 2004 were $2,846,600 ($1.058 per common share). The Trust's net realized and unrealized losses for the six months ended May 31, 2004 were $1,975,398 ($0.732 per common share). On May 31, 2005, net assets of the Trust applicable to common shares were $42,345,131. The net asset value per common share on May 31, 2005 was $15.65 based on 2,706,497 common shares outstanding. In comparison, on May 31, 2004, net assets of the Trust applicable to common shares were $39,234,456. The net asset value per common share on May 31, 2004 was $14.64 based on 2,680,412 common shares outstanding. The Trust is managed by Eaton Vance Management. Eaton Vance and its affiliates had $101.5 billion in assets under management on May 31, 2005. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (617) 482-8260. -0- *T EATON VANCE MASSACHUSETTS MUNICIPAL INCOME TRUST SUMMARY OF RESULTS OF OPERATIONS (in thousands, except per share amounts) Three Months Ended Six Months Ended May 31, May 31, ----------------- ----------------- 2005 2004 2005 2004 -------- -------- -------- -------- Gross investment income $861 $917 $1,732 $1,799 Operating expenses (204) (194) (393) (376) -------- -------- -------- -------- Net investment income $657 $723 $1,339 $1,423 Net realized and unrealized gains (losses) on investments $268 ($2,847) $1,610 ($1,975) Preferred dividends paid ($108) ($33) ($166) ($75) Net increase (decrease) in net assets from operations $817 ($2,157) $2,783 ($627) Earnings per Common Share Outstanding ------------------------------------- Gross investment income $0.318 $0.343 $0.641 $0.673 Operating expenses (0.075) (0.073) (0.145) (0.141) -------- -------- -------- -------- Net investment income $0.243 $0.270 $0.496 $0.532 Net realized and unrealized gains (losses) on investments $0.107 ($1.058) $0.605 ($0.732) Preferred dividends paid ($0.040) ($0.012) ($0.062) ($0.028) -------- -------- -------- -------- Net increase (decrease) in net assets from operations $0.310 ($0.800) $1.039 ($0.228) Net investment income $0.243 $0.270 $0.496 $0.532 Preferred dividends paid (0.040) (0.012) (0.062) (0.028) -------- -------- -------- -------- Net investment income after preferred dividends $0.203 $0.258 $0.434 $0.504 ======== ======== ======== ======== Net Asset Value at May 31 (Common Shares) ----------------------------------------- Net assets (000) $42,345 $39,234 Shares outstanding (000) 2,706 2,680 Net asset value per share outstanding $15.65 $14.64 Market Value Summary (Common Shares) ------------------------------------ Market price on AMEX at May 31 $16.00 $14.55 High market price (six months ended May 31) $18.10 $16.60 Low market price (six months ended May 31) $15.72 $14.19 *T

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