BOSTON, May 31, 2011 /PRNewswire/ -- 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 (the "Funds"). The announcement reflects a decrease in
the monthly distribution for Eaton Vance New York Municipal Bond
Fund (NYSE: ENX) and Eaton Vance New York Municipal Bond Fund II
(NYSE: NYH). The record date for the distributions is June 23, 2011, and the payable date is
June 30, 2011. The ex-date is
June 21, 2011. The distribution per
share, closing market price on May 27,
2011 (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 Bond Fund
(NYSE Amex: EIM)
|
$0.076334
|
$11.84
|
7.74%
|
|
|
Eaton Vance Municipal Bond Fund
II (NYSE Amex: EIV)
|
$0.079790
|
$12.66
|
7.56%
|
|
|
Eaton Vance California Municipal
Bond Fund (NYSE Amex: EVM)
|
$0.070750
|
$11.56
|
7.34%
|
|
|
Eaton Vance California Municipal
Bond Fund II (NYSE Amex: EIA)
|
$0.071749
|
$11.36
|
7.58%
|
|
|
Eaton Vance Massachusetts
Municipal Bond Fund (NYSE Amex: MAB)
|
$0.070000
|
$13.33
|
6.30%
|
|
|
Eaton Vance Michigan Municipal
Bond Fund (NYSE Amex: MIW)
|
$0.074082
|
$13.42
|
6.62%
|
|
|
Eaton Vance New Jersey Municipal
Bond Fund (NYSE Amex: EMJ)
|
$0.076667
|
$13.98
|
6.58%
|
|
|
Eaton Vance New York Municipal
Bond Fund (NYSE Amex: ENX)
|
$0.068167
|
$12.70
|
6.44%
|
|
|
Eaton Vance New York Municipal
Bond Fund II (NYSE Amex: NYH)
|
$0.070166
|
$12.92
|
6.52%
|
|
|
Eaton Vance Ohio Municipal Bond
Fund (NYSE Amex: EIO)
|
$0.064333
|
$13.00
|
5.94%
|
|
|
Eaton Vance Pennsylvania
Municipal Bond Fund (NYSE Amex: EIP)
|
$0.072750
|
$13.01
|
6.71%
|
|
|
|
|
|
|
|
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. (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 $203.0 billion
in assets as of April 30, 2011,
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
www.eatonvance.com.
SOURCE Eaton Vance Management