Eaton Vance Municipal Income Trusts Declare Monthly Distributions

Tue Jun 30, 2:31 PM

BOSTON, June 30 /PRNewswire-FirstCall/ -- Eaton Vance Management, the Boston-based investment adviser, today announced the monthly distributions declared on the common shares of eight of its closed-end municipal bond funds ("Funds"). The record date for the distributions is July 10, 2009, and the payable date is July 17, 2009. The ex-date is July 8, 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   Yield
                                                          Price
    Eaton Vance Municipal Income Trust
     (NYSE: EVN)                           $0.070000      $9.58     8.77%
    Eaton Vance California Municipal
     Income Trust (NYSE Amex: CEV)         $0.064670     $10.15     7.65%
    Eaton Vance Massachusetts Municipal
     Income Trust (NYSE Amex: MMV)         $0.069917     $12.23     6.86%
    Eaton Vance Michigan Municipal
     Income Trust (NYSE Amex: EMI)         $0.065084     $10.49     7.45%
    Eaton Vance New Jersey Municipal
     Income Trust (NYSE Amex: EVJ)         $0.070001     $11.28     7.45%
    Eaton Vance New York Municipal
     Income Trust (NYSE Amex: EVY)         $0.071167     $11.89     7.18%
    Eaton Vance Ohio Municipal Income
     Trust (NYSE Amex: EVO)                $0.065919     $11.58     6.83%
    Eaton Vance Pennsylvania Municipal
     Income Trust (NYSE Amex: EVP)         $0.065833     $12.18     6.49%

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 $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 www.eatonvance.com.

SOURCE Eaton Vance Management