BOSTON, Oct. 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 November 23, 2009, and the payable date is November 30, 2009. The ex-date is November 19, 2009. The distribution per share, closing market price on October 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 $0.074667 $13.08 6.85%
Eaton Vance Insured Municipal Bond
Fund II $0.076874 $12.80 7.21%
Eaton Vance Insured California
Municipal Bond Fund $0.069917 $12.63 6.64%
Eaton Vance Insured California
Municipal Bond Fund II $0.070916 $12.22 6.96%
Eaton Vance Insured Massachusetts
Municipal Bond Fund $0.069167 $14.85 5.59%
Eaton Vance Insured Michigan
Municipal Bond Fund $0.071999 $13.07 6.61%
Eaton Vance Insured New Jersey
Municipal Bond Fund $0.075417 $15.24 5.94%
Eaton Vance Insured New York
Municipal Bond Fund $0.066917 $13.83 5.81%
Eaton Vance Insured New York
Municipal Bond Fund II $0.072666 $13.76 6.34%
Eaton Vance Insured Ohio Municipal
Bond Fund $0.061833 $12.21 6.08%
Eaton Vance Insured Pennsylvania
Municipal Bond Fund $0.069000 $13.01 6.36%
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 $157.0 billion in assets as of September 30, 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.
Eaton Vance Management
