Eaton Vance Closed-End Insured Municipal Bond Funds Special Shareholder Meetings
01 Februar 2010 - 9:09PM
PR Newswire (US)
BOSTON, Feb. 1 /PRNewswire-FirstCall/ -- At a joint Special Meeting
of Shareholders held Friday, January 29, 2010, shareholders of the
Eaton Vance closed-end funds listed below (the "Funds") approved a
modification to each Fund's 80 percent policy to eliminate the
requirement to invest primarily in insured municipal obligations.
Also, effective today, the Funds are required, under normal market
conditions, to invest at least 80 percent of net assets in
municipal obligations rated A or better by Moody's, S&P or
Fitch and each Fund is eliminating "Insured" from its name. For
purposes of the Funds' 80 percent requirement, the rating of
insured obligations is deemed to be the higher of the claims-paying
rating of the insurer and the rating of the underlying issue.
Former Name New Name* ----------- --------- Eaton Vance Insured
Municipal Bond Fund Eaton Vance Municipal Bond Fund (NYSE Amex:
EIM) Eaton Vance Insured California Eaton Vance California
Municipal Municipal Bond Fund Bond Fund (NYSE Amex: EVM) Eaton
Vance Insured New York Eaton Vance New York Municipal Bond
Municipal Bond Fund Fund (NYSE Amex: ENX) Eaton Vance Insured
Municipal Bond Fund II Eaton Vance Municipal Bond Fund II (NYSE
Amex: EIV) Eaton Vance Insured California Eaton Vance California
Municipal Municipal Bond Fund II Bond Fund II (NYSE Amex: EIA)
Eaton Vance Insured Massachusetts Municipal Bond Eaton Vance
Massachusetts Municipal Fund Bond Fund (NYSE Amex: MAB) Eaton Vance
Insured Michigan Eaton Vance Michigan Municipal Bond Municipal Bond
Fund Fund (NYSE Amex: MIW) Eaton Vance Insured New Jersey Eaton
Vance New Jersey Municipal Municipal Bond Fund Bond Fund (NYSE
Amex: EMJ) Eaton Vance Insured New York Eaton Vance New York
Municipal Bond Municipal Bond Fund II Fund II (NYSE Amex: NYH)
Eaton Vance Insured Ohio Eaton Vance Ohio Municipal Bond Municipal
Bond Fund Fund (NYSE Amex: EIO) Eaton Vance Insured Pennsylvania
Eaton Vance Pennsylvania Municipal Municipal Bond Fund Bond Fund
(NYSE Amex: EIP) *Ticker symbols have not changed. The Funds are
managed by Eaton Vance Management, a subsidiary of Eaton Vance
Corp. (NYSE:EV). Eaton Vance is one of the oldest investment
management firms in the United States, with a history dating back
to 1924. Eaton Vance and its affiliates managed $163.1 billion in
assets as of December 31, 2009, offering individuals and
institutions a broad array of investment products and wealth
management solutions. For more information about Eaton Vance, visit
http://www.eatonvance.com/. DATASOURCE: Eaton Vance Management
CONTACT: Investors, Jonathan Isaac of Eaton Vance Management,
1-800-262-1122 Web Site: http://www.eatonvance.com/
Copyright