BOSTON, June 19 /PRNewswire-FirstCall/ -- At a meeting held June 15, 2009, the Board of Trustees of Eaton Vance Credit Opportunities Fund (NYSE:EOE) (the "Fund"), a closed-end investment company, voted to recommend that shareholders approve a merger of the Fund into Eaton Vance Limited Duration Income Fund (NYSE Amex: EVV), a closed-end investment company, at a special meeting of shareholders of the Fund scheduled to take place on Friday, November 13, 2009 at 3:00 P.M. eastern time. If the Fund's shareholders approve the merger, (a) Limited Duration Income Fund would acquire substantially all the assets and assume substantially all the liabilities of the Fund, (b) the Fund's common shares would be exchanged for common shares of Limited Duration Income Fund, and (c) the Fund's auction preferred shares would be redeemed for cash at their liquidation preference amount. Proxy materials containing information about the meeting and the proposed transaction will be mailed to the Fund's common shareholders of record as of August 31, 2009. The funds are managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp. (NYSE:EV), one of the oldest investment management firms in the United States, with a history dating back to 1924. Eaton Vance and its affiliates managed $127.2 billion in assets as of April 30, 2009, offering individuals and institutions a broad array of investment products and wealth management solutions. The Company's long record of providing exemplary service and attractive returns through a variety of market conditions has made Eaton Vance the investment manager of choice for many of today's most discerning investors. For more information about Eaton Vance, visit http://www.eatonvance.com/. DATASOURCE: Eaton Vance CONTACT: Investors, Eaton Vance, +1-800-262-1122 Web Site: http://www.eatonvance.com/

Copyright