Eaton Vance Management, the Boston-based investment adviser, today
announced the monthly distributions declared on the common shares of
twelve of its closed-end insured municipal bond funds (“Funds”).
The announcement reflects an increase in the monthly distribution for
Eaton Vance Insured Municipal Bond Fund (AMEX:EIM), Eaton Vance Insured
Municipal Bond Fund II (AMEX:EIV), Eaton Vance Insured California
Municipal Bond Fund II (AMEX:EIA), Eaton Vance Insured Florida Plus
Municipal Bond Fund (AMEX:EIF), Eaton Vance Insured Massachusetts
Municipal Bond Fund (AMEX:MAB), Eaton Vance Insured Michigan Municipal
Bond Fund (AMEX:MIW), Eaton Vance Insured New Jersey Municipal Bond Fund
(AMEX:EMJ), Eaton Vance Insured New York Municipal Bond Fund II
(AMEX:NYH), Eaton Vance Insured Ohio Municipal Bond Fund (AMEX:EIO) and
Eaton Vance Insured Pennsylvania Municipal Bond Fund (AMEX:EIP). The
record date for the distributions is August 22, 2008, and the payable
date is August 29, 2008. The ex-date is August 20, 2008. The
distribution per share, closing market price on July 30, 2008 (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 Insured Municipal Bond Fund (AMEX:EIM)
|
|
$0.065083
|
|
$13.04
|
|
5.99%
|
|
Eaton Vance Insured Municipal Bond Fund II (AMEX:EIV)
|
|
$0.065041
|
|
$13.00
|
|
6.00%
|
|
Eaton Vance Insured California Municipal Bond Fund (AMEX:EVM)
|
|
$0.060333
|
|
$13.03
|
|
5.56%
|
|
Eaton Vance Insured California Municipal Bond Fund II (AMEX:EIA)
|
|
$0.058416
|
|
$12.66
|
|
5.54%
|
|
Eaton Vance Insured Florida Plus Municipal Bond Fund (AMEX:EIF)
|
|
$0.055417
|
|
$12.62
|
|
5.27%
|
|
Eaton Vance Insured Massachusetts Municipal Bond Fund (AMEX:MAB)
|
|
$0.056917
|
|
$14.10
|
|
4.84%
|
|
Eaton Vance Insured Michigan Municipal Bond Fund (AMEX:MIW)
|
|
$0.056499
|
|
$13.25
|
|
5.12%
|
|
Eaton Vance Insured New Jersey Municipal Bond Fund (AMEX:EMJ)
|
|
$0.061251
|
|
$14.29
|
|
5.14%
|
|
Eaton Vance Insured New York Municipal Bond Fund (AMEX:ENX)
|
|
$0.058833
|
|
$13.50
|
|
5.23%
|
|
Eaton Vance Insured New York Municipal Bond Fund II (AMEX:NYH)
|
|
$0.058916
|
|
$13.20
|
|
5.36%
|
|
Eaton Vance Insured Ohio Municipal Bond Fund (AMEX:EIO)
|
|
$0.053500
|
|
$12.30
|
|
5.22%
|
|
Eaton Vance Insured Pennsylvania Municipal Bond Fund (AMEX:EIP)
|
|
$0.059167
|
|
$13.45
|
|
5.28%
|
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.
Common shares of Eaton Vance Insured Municipal Bond Funds are traded on
the American Stock Exchange. The Funds are managed by Eaton Vance
Management, a subsidiary of Eaton Vance Corp., which is listed on the
New York Stock Exchange under the symbol EV. Eaton Vance and its
affiliates had $156.7 billion in assets under management as of June 30,
2008. Eaton Vance Management will make available periodic summary
information regarding portfolio investments. Those interested should
call Eaton Vance Management at (800) 262-1122.
Eaton Vance Insured Municipal Bond Funds
Investor
Contact, 800-262-1122