Evergreen Closed End Funds Declare Monthly Dividends
June 12 2008 - 4:06PM
PR Newswire (US)
BOSTON, June 12 /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 June 12,
July 11, July 15, August 1, $0.1094 / 2008 2008 2008 2008 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 June 12, July 11, July 15, August 1, $0.1083 / 2008 2008
2008 2008 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
June 12, July 11, July 15, August 1, $0.23 / share 2008 2008 2008
2008 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
June 12, July 11, July 15, August 1, $0.1458 / 2008 2008 2008 2008
share For information on the auction rate securities market as it
pertains to closed-end funds, please refer to the press release
issued by Evergreen on April 30, 2008. It 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
http://www.evergreeninvestments.com/ for more information about
Evergreen Investments. Funds: NOT FDIC INSURED | NOT BANK
GUARANTEED | MAY LOSE VALUE DATASOURCE: Evergreen Investments
CONTACT: Media Inquiries: Lauren Sawyers, +1-704-715-4561, , or
Laura Fay, +1-617-210-3867, , both of Evergreen Investments;
Shareholder Inquiries: +1-800-730-6001; Financial Advisor
Inquiries: +1-800-343-2898 Web site:
http://www.evergreeninvestments.com/ http://www.computershare.com/
Copyright