BOSTON, May 28 /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eight of its closed-end municipal bond funds ("Funds"). The record date for the distributions is June 10, 2010, and the payable date is June 17, 2010. The ex-date is June 8, 2010. The distribution per share, closing market price on May 27, 2010 (or last trade price), and annualized market yield for each Fund is as follows:
Distribution Closing Annualized Fund Per Share Market Price Yield Eaton Vance Municipal Income Trust $0.079166 $12.58 7.55% Eaton Vance California Municipal Income Trust (NYSE Amex: CEV) $0.073837 $12.80 6.92% Eaton Vance Massachusetts Municipal Income Trust (NYSE Amex: MMV) $0.075500 $14.20 6.38% Eaton Vance Michigan Municipal Income Trust (NYSE Amex: EMI) $0.071584 $12.63 6.80% Eaton Vance New Jersey Municipal Income Trust (NYSE Amex: EVJ) $0.079001 $14.47 6.55% Eaton Vance New York Municipal Income Trust (NYSE Amex: EVY) $0.075834 $13.85 6.57% Eaton Vance Ohio Municipal Income Trust (NYSE Amex: EVO) $0.074252 $13.62 6.54% Eaton Vance Pennsylvania Municipal Income Trust (NYSE Amex: EVP) $0.072250 $13.65 6.35%
The amount of monthly distributions may vary depending on a number of factors. As portfolio and market conditions change, the rate of distributions on the Funds' common shares could change.
The Funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. , 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 $176.2 billion in assets as of April 30, 2010, offering individuals and institutions a broad array of investment strategies 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/.
Eaton Vance Management
CONTACT: Eaton Vance Management Investor Contact, +1-800-262-1122
Web Site: http://www.eatonvance.com/
