BOSTON, March 12, 2018 /PRNewswire/ -- The Funds
listed below today announced the mandatory redemption of Auction
Preferred Shares ("APS") outstanding. Each Fund is a
closed-end management investment company sponsored and managed by
Eaton Vance Management. All redemptions will occur at the APS
liquidation preference of $25,000 per
share, plus the amount of accumulated but unpaid dividends as of
the redemption date. Each Fund currently expects to replace
its APS with tender option bond financing. Subject to
satisfying the notice and other requirements that apply to APS
redemptions, the Funds are expected to redeem the following amounts
of APS on or after March 26,
2018:
|
Funds
|
TKR
|
Series
|
CUSIP
|
No.
Shares
Redeemed
|
Total
Liquidation
Amount
|
|
Eaton Vance
California Municipal
Bond Fund II
|
EIA
|
A
|
27828C205
|
36
|
$900,000
|
|
Eaton Vance
Massachusetts
Municipal Bond Fund
|
MAB
|
A
|
27828K207
|
25
|
625,000
|
|
Eaton Vance Michigan
Municipal
Bond Fund
|
MIW
|
A
|
27828M203
|
112
|
2,800,000
|
|
Eaton Vance Municipal
Bond Fund
II
|
EIV
|
A
|
27827K208
|
62
|
1,550,000
|
|
EIV
|
B
|
27827K307
|
128
|
3,200,000
|
|
Eaton Vance New
Jersey
Municipal Bond Fund
|
EMJ
|
A
|
27828R202
|
89
|
2,225,000
|
|
Eaton Vance New York
Municipal
Bond Fund II
|
NYH
|
A
|
27828T208
|
70
|
1,750,000
|
|
Eaton Vance Ohio
Municipal Bond
Fund
|
EIO
|
A
|
27828L205
|
90
|
2,250,000
|
|
Eaton Vance
Pennsylvania
Municipal Bond Fund
|
EIP
|
A
|
27828W201
|
51
|
1,275,000
|
|
Eaton Vance
California Municipal
Income Trust
|
CEV
|
A
|
27826F200
|
120
|
3,000,000
|
|
Eaton Vance
Massachusetts
Municipal Income Trust
|
MMV
|
A
|
27826E203
|
130
|
3,250,000
|
|
Eaton Vance Michigan
Municipal
Income Trust
|
EMI
|
A
|
27826D205
|
26
|
650,000
|
|
Eaton Vance Municipal
Income Trust
|
EVN
|
A
|
27826U207
|
349
|
8,725,000
|
|
EVN
|
B
|
27826U306
|
185
|
4,625,000
|
|
EVN
|
C
|
27826U405
|
57
|
1,425,000
|
|
Eaton Vance New
Jersey
Municipal Income Trust
|
EVJ
|
A
|
27826V205
|
177
|
4,425,000
|
|
Eaton Vance New York
Municipal
Income Trust
|
EVY
|
A
|
27826W203
|
165
|
4,125,000
|
|
Eaton Vance Ohio
Municipal Income
Trust
|
EVO
|
A
|
27826G208
|
173
|
4,325,000
|
|
Eaton Vance
Pennsylvania
Municipal Income Trust
|
EVP
|
A
|
27826T200
|
168
|
4,200,000
|
All Funds, expect EVN, are listed on the NYSE MKT. EVN is
listed on the NYSE.
Eaton Vance Management is a subsidiary of Eaton Vance Corp.
(NYSE: EV). Eaton Vance is a leading global asset manager
whose history dates to 1924. With offices in North America, Europe, Asia
and Australia, Eaton Vance and its
affiliates managed $449.2 billion in
assets as of January 31, 2018,
offering individuals and institutions a broad array of investment
strategies and wealth management solutions. For more information
about Eaton Vance, visit eatonvance.com.
Fund shares are subject to investment risk, including
possible loss of principal invested. No Fund is a
complete investment program and you may lose money investing in a
Fund. An investment in a Fund may not be appropriate for all
investors. Additional information about the Funds,
including performance and portfolio characteristic information, is
available at www.eatonvance.com.
Statements in this press release that are not historical
facts are forward-looking statements as defined by the United States securities laws. You should
exercise caution in interpreting and relying on forward-looking
statements because they are subject to uncertainties and other
factors which are, in some cases, beyond a Fund's control and could
cause actual results to differ materially from those set forth in
the forward-looking statements.
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SOURCE Eaton Vance Management