Eaton Vance National Municipal Opportunities Trust Report of Earnings

News provided by

Eaton Vance Management

Jun 11, 2010, 03:01 ET

BOSTON, June 11 /PRNewswire-FirstCall/ -- Eaton Vance National Municipal Opportunities Trust (NYSE: EOT) (the "Trust"), a diversified closed-end management investment company, today announced the earnings of the Trust for the three months ended March 31, 2010 and for the period from the start of business, May 29, 2009, to March 31, 2010.  The Trust's fiscal year ended on March 31, 2010.

For the three months ended March 31, 2010, the Trust had net investment income of $4,802,285 ($0.315 per common share).  For the period from the start of business, May 29, 2009, to March 31, 2010, the Trust had net investment income of $15,229,705 ($1.007 per common share).  

Net realized and unrealized gains for the three months ended March 31, 2010 were $4,264,293 ($0.279 per common share).  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, 2010, net assets of the Trust were $324,328,154. The net asset value per common share on March 31, 2010 was $21.23 based on 15,277,613 common shares outstanding.  

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 $176.2 billion in assets as of April 30, 2010 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


Period Ended



March 31,


March 31, *



2010


2010

Net investment income


$                          4,802


$          15,230

Net realized and unrealized gains (losses)





 on investments

4,264


33,181

Net increase (decrease) in net assets






 from operations

$                          9,066


$          48,411








Earnings per Share Outstanding





Net investment income


$                          0.315


$            1.007

Net realized and unrealized gains (losses)





 on investments

0.279


2.164

Net increase (decrease) in net assets






 from operations

$                          0.594


$            3.171








Net Asset Value at March 31






Net assets






$324,328

Shares outstanding






15,278

Net asset value per share outstanding




$21.23








Market Value Summary








Market price on NYSE at March 31




$20.26

High market price (period ended March 31)




$20.55

Low market price (period ended March 31)




$18.02
















* For the period from the start of business, May 29, 2009 to March 31, 2010.

SOURCE Eaton Vance Management

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