BOSTON, May 28 /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eleven of its closed-end municipal bond funds ("Funds"). The record date for the distributions is June 23, 2010, and the payable date is June 30, 2010. The ex-date is June 21, 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 Market Fund Per Share Price Yield Eaton Vance Municipal Bond Fund (NYSE Amex: EIM) $0.076334 $13.22 6.93% Eaton Vance Municipal Bond Fund II (NYSE Amex: EIV) $0.078957 $13.56 6.99% Eaton Vance California Municipal Bond Fund (NYSE Amex: EVM) $0.070750 $12.49 6.80% Eaton Vance California Municipal Bond Fund II (NYSE Amex: EIA) $0.071749 $12.40 6.94% Eaton Vance Massachusetts Municipal Bond Fund (NYSE Amex: MAB) $0.070000 $14.52 5.79% Eaton Vance Michigan Municipal Bond Fund (NYSE Amex: MIW) $0.073249 $13.62 6.45% Eaton Vance New Jersey Municipal Bond Fund (NYSE Amex: EMJ) $0.076667 $15.12 6.08% Eaton Vance New York Municipal Bond Fund (NYSE Amex: ENX) $0.069000 $13.67 6.06% Eaton Vance New York Municipal Bond Fund II (NYSE Amex: NYH) $0.073499 $13.50 6.53% Eaton Vance Ohio Municipal Bond Fund (NYSE Amex: EIO) $0.064333 $13.15 5.87% Eaton Vance Pennsylvania Municipal Bond Fund (NYSE Amex: EIP) $0.070250 $13.91 6.06%
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: Investors, 1-800-262-1122
Web Site: http://www.eatonvance.com/
