BOSTON, Jan. 11, 2019 /PRNewswire/ -- At a Special
Meeting of Shareholders held on January 10,
2019, shareholders of Eaton Vance New Jersey Municipal
Income Trust (NYSE American: EVJ) approved the merger of EVJ into
Eaton Vance Municipal Income Trust (NYSE: EVN).
The merger is currently expected
to be completed as of the close of business of the
New York Stock Exchange on or about February
22, 2019, subject to the satisfaction of customary closing
conditions. Each EVJ shareholder will be issued common
shares of EVN at an exchange ratio based on the Funds' respective
net asset values per share.
Each Fund is a closed-end management investment company
sponsored and managed by Eaton Vance Management. EVJ trades on the
NYSE American and the EVN trades on the New York Stock
Exchange.
Eaton Vance Management is a subsidiary of Eaton Vance Corp.
(NYSE: EV). Eaton Vance is a leading global asset manager
whose history dates to 1924. With offices in North America, Europe, Asia
and Australia, Eaton Vance and its
affiliates managed $439.3 billion in
assets as of October 31, 2018,
offering individuals and institutions a broad array of investment
strategies and wealth management solutions. For more information
about Eaton Vance, visit eatonvance.com.
Additional Information about the Funds and the Merger
This press release is for informational purposes only and is
not intended to, and does not, constitute an offer to purchase or
sell shares of the Funds.
Fund shares are subject to investment risk, including
possible loss of principal invested. No Fund is a
complete investment program and you may lose money investing in a
Fund. An investment in a Fund may not be appropriate for all
investors. Additional information about the Funds,
including performance and portfolio characteristic information, is
available at www.eatonvance.com.
Statements in this press release that are not historical
facts are forward-looking statements as defined by the United States securities laws. You should
exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other
factors which are, in some cases, beyond a Fund's control and could
cause actual results to differ materially from those set forth in
the forward-looking statements.
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SOURCE Eaton Vance Management