Eaton Vance National Municipal Opportunities Trust Report of Earnings

BOSTON, June 10, 2011 /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 and year ended March 31, 2011.  The Trust's fiscal year ended on March 31, 2011.

For the three months ended March 31, 2011, the Trust had net investment income of $5,318,715 ($0.347 per common share). The Trust's net investment income for the year ended March 31, 2011 was $19,462,831 ($1.273 per common share). In comparison, for the three months ended March 31, 2010, the Trust had net investment income of $4,802,285 ($0.315 per common share). The Trust's net investment income for the period from the start of business, May 29, 2009, to March 31, 2010 was $15,229,705 ($1.007 per common share).

Net realized and unrealized losses for the three months ended March 31, 2011 were $9,141,117 ($0.598 per common share). The Trust's net realized and unrealized losses for the year ended March 31, 2011 were $27,787,578 ($1.818 per common share). In comparison, net realized and unrealized gains for the three months ended March 31, 2010 were $4,264,293 ($0.279 per common share). The Trust's net realized and unrealized gains for the period from the start of business, May 29, 2009, to March 31, 2010 were $33,181,046 ($2.164 per common share).

On March 31, 2011, net assets of the Trust were $295,495,094. The net asset value per share on March 31, 2011 was $19.32 based on 15,294,435 shares outstanding.  In comparison, on March 31, 2010, net assets of the Trust were $324,328,154.  The net asset value per share on March 31, 2010 was $21.23 based on 15,277,613 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 calendar quarter-end are also posted to the website approximately 30 days following quarter-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 $203.0 billion in assets as of April 30, 2011 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.

SOURCE Eaton Vance Management

WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?

440k+
Newsrooms &
Influencers

9k+
Digital Media
Outlets

270k+
Journalists
Opted In

GET STARTED