BOSTON, Dec. 16, 2019 /PRNewswire/ -- Eaton Vance
Management ("EVM"), investment adviser to the closed-end funds
listed below (the "Funds"), announced the following additions to
each Fund's portfolio management team effective December 31, 2019:
Fund
|
Current Portfolio
Management Team
|
Portfolio
Management Team Effective December 31, 2019
|
Eaton Vance New York
Municipal Income Trust (NYSE American: EVY)
|
Craig R.
Brandon
|
Craig R. Brandon and
Christopher J. Eustance
|
Eaton Vance New York
Municipal Bond Fund (NYSE American: ENX)
|
Craig R.
Brandon
|
Craig R. Brandon and
Christopher J. Eustance
|
Eaton Vance
California Municipal Income Trust (NYSE American: CEV)
|
Craig R.
Brandon
|
Craig R. Brandon and
Trevor Smith
|
Eaton Vance
California Municipal Bond Fund (NYSE American EVM)
|
Craig R.
Brandon
|
Craig R. Brandon and
Trevor Smith
|
Christopher J. Eustance is a vice
president of EVM and has been a member of EVM's municipal bond team
since 2007. Trevor Smith is a vice
president of EVM and has been a member of EVM's municipal bond team
since 2010.
About Eaton Vance
EVM is a subsidiary of Eaton Vance Corp. Eaton Vance Corp.
(NYSE: EV) provides advanced investment strategies and wealth
management solutions to forward-thinking investors around the
world. Through principal investment affiliates Eaton Vance
Management, Parametric, Atlanta Capital, Hexavest and Calvert, the
Company offers a diversity of investment approaches, encompassing
bottom-up and top-down fundamental active management, responsible
investing, systematic investing and customized implementation of
client-specified portfolio exposures. As of October 31, 2019, Eaton Vance had consolidated
assets under management of $497.4
billion. For more information, visit eatonvance.com.
The information contained herein is provided for informational
purposes only and does not constitute a solicitation of an offer to
buy or sell Fund shares. Shares of the Fund are available for
purchase and sale only through secondary market trading on an
exchange or alternative trading venue.
Shares of closed-end funds often trade at a discount from their net asset value. The market price
of Fund shares may vary from net asset value based on factors affecting the supply and demand
for shares, such as Fund distribution rates relative to similar investments, investors' expectations
for future distribution changes, the clarity of the Fund's
investment strategy and future return
expectations, and investors' confidence in the underlying markets in which the Fund invests. Fund
shares are subject to investment risk, including possible loss of
principal invested. No Fund is a complete investment program and
investors may lose money investing in a Fund. An investment in a
Fund may not be appropriate for all investors. Before investing, an
investor should consider carefully the Fund's investment objective,
risks, charges and expenses.
Statements in this press release that are not historical
facts are forward-looking statements as defined by U.S. 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 the 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