BOSTON, Oct. 31, 2012 /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 Michigan Municipal Bond
Fund (NYSE MKT: MIW). The record date for the distributions is
November 23, 2012, and the payable
date is November 30, 2012. The
ex-date is November 20, 2012. The
distribution per share, closing market price on October 26, 2012 (or last trade price), and
annualized market yield for each Fund are as follows:
|
|
|
|
|
Distribution
|
Closing
|
Annualized
|
Fund
|
Per
Share
|
Market
Price
|
Yield
|
Eaton
Vance Municipal Bond Fund (NYSE MKT:
EIM)
|
$0.063835
|
$14.51
|
5.28%
|
Eaton
Vance Municipal Bond Fund II (NYSE MKT:
EIV)
|
$0.063124
|
$13.96
|
5.43%
|
Eaton
Vance California Municipal Bond Fund (NYSE MKT:
EVM)
|
$0.054500
|
$12.64
|
5.17%
|
Eaton
Vance California Municipal Bond Fund II (NYSE MKT:
EIA)
|
$0.064249
|
$14.50
|
5.32%
|
Eaton
Vance Massachusetts Municipal Bond Fund (NYSE MKT:
MAB)
|
$0.070000
|
$16.50
|
5.09%
|
Eaton
Vance Michigan Municipal Bond Fund (NYSE MKT:
MIW)
|
$0.066582
|
$15.93
|
5.02%
|
Eaton
Vance New Jersey Municipal Bond Fund (NYSE MKT:
EMJ)
|
$0.065000
|
$15.81
|
4.93%
|
Eaton
Vance New York Municipal Bond Fund (NYSE MKT:
ENX)
|
$0.057333
|
$14.47
|
4.75%
|
Eaton
Vance New York Municipal Bond Fund II (NYSE MKT:
NYH)
|
$0.057250
|
$13.84
|
4.96%
|
Eaton
Vance Ohio Municipal Bond Fund (NYSE MKT:
EIO)
|
$0.064333
|
$14.84
|
5.20%
|
Eaton
Vance Pennsylvania Municipal Bond Fund (NYSE MKT: EIP)
|
$0.072750
|
$15.87
|
5.50%
|
|
|
|
|
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 $198.2 billion
in assets as of September 30, 2012,
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