
Eaton Vance New York Municipal Bond Fund II Report Of Earnings
BOSTON, June 11, 2013 /PRNewswire/ -- Eaton Vance New York Municipal Bond Fund II (NYSE MKT: NYH) (the "Fund"), a closed-end management investment company, today announced the earnings of the Fund for the three and six-month periods ended March 31, 2013. The Fund's fiscal year ends on September 30, 2013.
For the three months ended March 31, 2013, the Fund had net investment income of $450,035 ($0.175 per common share). From this amount, the Fund paid dividends on preferred shares of $5,473 (equal to $0.002 for each common share), resulting in net investment income after the preferred dividends of $444,562, or $0.173 per common share. The Fund's net investment income for the six months ended March 31, 2013 was $919,481 ($0.358 per common share, before deduction of the preferred share dividends totaling $0.006 per common share), resulting in net investment income after the preferred dividends of $0.352 per common share. In comparison, for the three months ended March 31, 2012, the Fund had net investment income of $514,232 ($0.201 per common share). From this amount, the Fund paid dividends on preferred shares of $6,170 (equal to $0.002 for each common share), resulting in net investment income after the preferred dividends of $508,062, or $0.199 per common share. The Fund's net investment income for the six months ended March 31, 2012 was $1,035,215 ($0.404 per common share, before deduction of the preferred share dividends totaling $0.005 per common share), resulting in net investment income after the preferred dividends of $0.399 per common share.
Net realized and unrealized losses for the three months ended March 31, 2013 were $554,901 ($0.215 per common share). The Fund's net realized and unrealized losses for the six months ended March 31, 2013 were $717,452 ($0.278 per common share). In comparison, net realized and unrealized gains for the three months ended March 31, 2012 were $729,321 ($0.287 per common share). The Fund's net realized and unrealized gains for the six months ended March 31, 2012 were $1,484,510 ($0.582 per common share).
On March 31, 2013, net assets of the Fund applicable to common shares were $34,982,487. The net asset value per common share on March 31, 2013 was $13.63 based on 2,566,737 common shares outstanding. In comparison, on March 31, 2012, net assets of the Fund applicable to common shares were $34,157,571. The net asset value per common share on March 31, 2012 was $13.32 based on 2,565,110 common shares outstanding.
The Fund 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"). Fund portfolio holdings for the most recent month-end are also posted to the website approximately 30 days following month-end.
The Fund 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 $260.3 billion in assets as of April 30, 2013 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 NEW YORK MUNICIPAL BOND FUND II |
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| SUMMARY OF RESULTS OF OPERATIONS |
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| (in thousands, except per share amounts) |
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| Three Months Ended |
Six Months Ended |
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| March 31, |
March 31, |
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| 2013 |
2012 |
2013 |
2012 |
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| Net investment income |
$ 450 |
$ 514 |
$ 919 |
$ 1,035 |
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| Net realized and unrealized gains (losses) |
||||||||
| on investments |
(555) |
729 |
(717) |
1,485 |
||||
| Preferred dividends paid from net investment income |
(5) |
(6) |
(15) |
(13) |
||||
| Net increase (decrease) in net assets |
||||||||
| from operations |
$ (110) |
$ 1,237 |
$ 187 |
$ 2,507 |
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| Earnings per Common Share Outstanding |
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| Net investment income |
$ 0.175 |
$ 0.201 |
$ 0.358 |
$ 0.404 |
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| Net realized and unrealized gains (losses) |
||||||||
| on investments |
(0.215) |
0.287 |
(0.278) |
0.582 |
||||
| Preferred dividends paid from net investment income |
(0.002) |
(0.002) |
(0.006) |
(0.005) |
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| Net increase (decrease) in net assets |
||||||||
| from operations |
$ (0.042) |
$ 0.486 |
$ 0.074 |
$ 0.981 |
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| Net investment income |
$ 0.175 |
$ 0.201 |
$ 0.358 |
$ 0.404 |
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| Preferred dividends paid from net investment income |
(0.002) |
(0.002) |
(0.006) |
(0.005) |
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| Net investment income after preferred dividends |
$ 0.173 |
$ 0.199 |
$ 0.352 |
$ 0.399 |
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| Net Asset Value at March 31 (Common Shares) |
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| Net assets |
$ 34,982 |
$ 34,158 |
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| Shares outstanding |
2,567 |
2,565 |
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| Net asset value per share outstanding |
$ 13.63 |
$ 13.32 |
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| Market Value Summary (Common Shares) |
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| Market price on NYSE MKT at March 31 |
$ 13.66 |
$ 13.64 |
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| High market price (period ended March 31) |
$ 14.40 |
$ 14.93 |
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| Low market price (period ended March 31) |
$ 13.21 |
$ 12.79 |
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SOURCE Eaton Vance Management
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