BOSTON, Oct. 10, 2014 /PRNewswire/ -- Eaton Vance National Municipal Opportunities Trust (NYSE: EOT) (the "Trust"), a closed-end management investment company, today announced the earnings of the Trust for the three months ended June 30, 2014. The Trust's fiscal year ends on March 31, 2015.
For the three months ended June 30, 2014, the Trust had net investment income of $4,124,977 ($0.271 per common share). In comparison, for the three months ended June 30, 2013, the Trust had net investment income of $4,229,536 ($0.276 per common share).
Net realized and unrealized gains for the three months ended June 30, 2014 were $9,297,901 ($0.610 per common share). In comparison, net realized and unrealized losses for the three months ended June 30, 2013 were $22,874,832 ($1.492 per common share).
On June 30, 2014, net assets of the Trust were $337,221,573. The net asset value per share on June 30, 2014 was $22.13 based on 15,238,333 common shares outstanding. In comparison, on June 30, 2013, net assets of the Trust were $325,294,135. The net asset value per share on June 30, 2013 was $21.22 based on 15,328,333 common shares outstanding.
The Trust periodically makes certain performance data and information about portfolio characteristics available on www.eatonvance.com (on the fund information page under "Individual Investors – Closed-End Funds"). Trust portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following month-end.
The Trust is 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 $288.2 billion in assets as of July 31, 2014 offering individuals and institutions a broad array of investment strategies 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 www.eatonvance.com.
EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST | ||||||||
SUMMARY OF RESULTS OF OPERATIONS | ||||||||
(in thousands, except per share amounts) | ||||||||
Three Months Ended | Three Months Ended | |||||||
June 30, | June 30, | |||||||
2014 | 2013 | |||||||
Net investment income | $ 4,125 | $ 4,230 | ||||||
Net realized and unrealized gains (losses) | ||||||||
on investments | 9,298 | (22,875) | ||||||
Net increase (decrease) in net assets | ||||||||
from operations | $ 13,423 | $ (18,645) | ||||||
Earnings per Common Share Outstanding | ||||||||
Net investment income | $ 0.271 | $ 0.276 | ||||||
Net realized and unrealized gains (losses) | ||||||||
on investments | 0.610 | (1.492) | ||||||
Net increase (decrease) in net assets | ||||||||
from operations | $ 0.881 | $ (1.216) | ||||||
Net Asset Value at June 30 (Common Shares) | ||||||||
Net assets | $337,222 | $325,294 | ||||||
Shares outstanding | 15,238 | 15,328 | ||||||
Net asset value per share outstanding | $ 22.13 | $ 21.22 | ||||||
Market Value Summary (Common Shares) | ||||||||
Market price on NYSE at June 30 | $ 20.00 | $ 19.74 | ||||||
High market price (period ended June 30) | $ 20.20 | $ 22.46 | ||||||
Low market price (period ended June 30) | $ 19.33 | $ 19.01 | ||||||
SOURCE Eaton Vance Management
