Evergreen Closed End Funds Declare Monthly Dividends
April 18 2008 - 5:33PM
PR Newswire (US)
BOSTON, April 18 /PRNewswire-FirstCall/ -- Evergreen Investments
today announced the dividend declaration for Evergreen Income
Advantage Fund (AMEX: EAD), Evergreen Multi-Sector Income Fund
(AMEX:ERC), Evergreen Utilities and High Income Fund (AMEX:ERH) and
Evergreen International Balanced Income Fund (NYSE:EBI). Evergreen
Income Advantage Fund is a closed-end high-yield bond fund. The
fund's investment objective is to seek a high level of current
income. The fund may, as a secondary objective, seek capital
appreciation to the extent consistent with its investment
objective. Evergreen Income Advantage Fund declared the following
monthly dividend from ordinary income: Declaration Ex-dividend
Record Payable Dividend Date Date Date Date Rate/Share April 18,
May 12, May 14, June 2, 2008 2008 2008 2008 $0.1094 / share
Evergreen Multi-Sector Income Fund is a closed-end bond fund. The
fund's primary investment objective is to seek a high level of
current income consistent with limiting its overall exposure to
domestic interest rate risk. Evergreen Multi-Sector Income Fund
declared the following monthly dividend from ordinary income:
Declaration Ex-dividend Record Payable Dividend Date Date Date Date
Rate/Share April 18, May 12, May 14, June 2, 2008 2008 2008 2008
$0.1083 / share Evergreen Utilities and High Income Fund is a
closed-end equity and high-yield bond fund. The fund's primary
investment objective is to seek a high level of current income and
moderate capital growth, with emphasis on providing tax-advantaged
dividend income. Evergreen Utilities and High Income Fund declared
the following monthly dividend from ordinary income: Declaration
Ex-dividend Record Payable Dividend Date Date Date Date Rate/Share
April 18, May 12, May 14, June 2, 2008 2008 2008 2008 $0.23 / share
Evergreen International Balanced Income Fund is a closed-end fund
investing primarily in international stocks and bonds. The fund's
investment objective is to seek to provide a high level of income.
Evergreen International Balanced Income Fund declared the following
monthly dividend from ordinary income: Declaration Ex-dividend
Record Payable Dividend Date Date Date Date Rate/Share April 18,
May 12, May 14, June 2, 2008 2008 2008 2008 $0.1458 / share For
information on the auction rate securities market as it pertains to
closed-end funds, please refer to the most recent statement from
Evergreen President and Chief Executive Officer Dennis Ferro, which
is available on http://www.evergreeninvestments.com/ . To make
changes to your account, please contact your financial advisor,
brokerage firm, bank, or other nominee with whom your shares are
registered. If your shares are registered with the funds' transfer
agent, Computershare, please contact them directly at 800.730.6001
or visit http://www.computershare.com/ . These closed-end funds are
no longer offered as an initial public offering and are only
offered through broker/dealers on the secondary market. About
Evergreen Investments Evergreen Investments is the brand name under
which Wachovia Corporation (NYSE:WB) conducts its investment
management business. Wachovia Global Asset Management is the brand
name under which Evergreen Investments conducts sales and
distribution business outside of the United States. Evergreen
serves more than four million individual and institutional
investors through a broad range of investment products. Led by 300
investment professionals, Evergreen strives to meet client
investment objectives through disciplined, team-based asset
management. Evergreen manages more than $258 billion in assets (as
of March 31, 2008). Please visit EvergreenInvestments.com for more
information about Evergreen Investments. Funds: NOT FDIC INSURED |
NOT BANK GUARANTEED | MAY LOSE VALUE DATASOURCE: Evergreen
Investments CONTACT: Shareholder Inquiries, +1-800-730-6001,
Financial Advisor Inquiries, +1-800-343-2898, Media Inquiries,
Lauren Sawyers, +1-704-715-4561, , or Laura Fay, +1-617-210-3867, ,
all of Evergreen Investments Web site:
http://www.evergreeninvestments.com/
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