logo


Eaton Vance Insured Municipal Bond Funds Declare Monthly Distributions
Tuesday, June 30, 2009 3:18 PM


(Source: PRNewswire-FirstCall)trackingBOSTON, June 30 /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eleven of its closed-end insured municipal bond funds ("Funds"). The record date for the distributions is July 24, 2009, and the payable date is July 31, 2009. The ex-date is July 22, 2009. The distribution per share, closing market price on June 29, 2009 (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 Insured Municipal Bond    Fund  (NYSE Amex: EIM)                   $0.066750   $11.39       7.03%   Eaton Vance Insured Municipal Bond    Fund II (NYSE Amex: EIV)                 $0.073791   $11.99       7.39%   Eaton Vance Insured California    Municipal Bond Fund (NYSE Amex: EVM)     $0.064917   $10.70       7.28%   Eaton Vance Insured California    Municipal Bond Fund  II (NYSE Amex: EIA) $0.065916   $10.77       7.34%   Eaton Vance Insured Massachusetts    Municipal Bond Fund (NYSE Amex: MAB)     $0.066500   $12.25       6.51%   Eaton Vance Insured Michigan    Municipal Bond Fund (NYSE Amex: MIW)     $0.066499   $11.97       6.67%   Eaton Vance Insured New Jersey    Municipal Bond Fund (NYSE Amex: EMJ)     $0.071667   $13.23       6.50%   Eaton Vance Insured New York    Municipal Bond Fund (NYSE Amex: ENX)     $0.061750   $12.46       5.95%   Eaton Vance Insured New York    Municipal Bond Fund  II (NYSE Amex: NYH) $0.068916   $11.90       6.95%   Eaton Vance Insured Ohio Municipal    Bond Fund (NYSE Amex: EIO)               $0.059333   $11.80       6.03%   Eaton Vance Insured Pennsylvania    Municipal Bond Fund (NYSE Amex: EIP)     $0.064583   $12.27       6.32%   

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. , 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 $136.7 billion in assets as of May 31, 2009 offering individuals and institutions a broad array of financial products and wealth solutions including mutual funds, managed accounts, variable trusts and charitable giving services. A combination of tradition, proven long-term performance and more than 80 years of experience have made Eaton Vance the investment manager of choice for many investors. For more information about Eaton Vance, visit http://www.eatonvance.com/.

Eaton Vance Management

CONTACT: Investors, Eaton Vance Management, +1-800-262-1122

Web Site: http://www.eatonvance.com/

A service of YellowBrix, Inc.



(0)
No Comments
Post Comment
Name:  
Alert for new comments:
Your email:
Your Website:
Title:
Comments:
   
 
 
 
 
   
 

  
Related Press Releases
Advertisement
Popular Articles
Special Offers
Partner Center
Fundamental data is provided by Zacks Investment Research, market data is provided by AlphaTrade. , and Commentary and Press Releases provided by Quotemedia