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| March 8, 2013 03:34 PM EST | Reads: |
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BOSTON, March 8, 2013 /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 and nine-month periods ended December 31, 2012. The Trust's fiscal year ends on March 31, 2013.
For the three months ended December 31, 2012, the Trust had net investment income of $4,254,237 ($0.278 per common share). The Trust's net investment income for the nine months ended December 31, 2012 was $12,752,716 ($0.833 per common share). In comparison, for the three months ended December 31, 2011, the Trust had net investment income of $4,489,154 ($0.293 per common share). The Trust's net investment income for the nine months ended December 31, 2011 was $13,678,344 ($0.894 per common share).
Net realized and unrealized losses for the three months ended December 31, 2012 were $516,797 ($0.028 per common share). The Trust's net realized and unrealized gains for the nine months ended December 31, 2012 were $16,198,147 ($1.057 per common share). In comparison, net realized and unrealized gains for the three months ended December 31, 2011 were $1,647,473 ($0.104 per common share). The Trust's net realized and unrealized gains for the nine months ended December 31, 2011 were $23,040,017 ($1.506 per common share).
On December 31, 2012, net assets of the Trust were $348,195,340. The net asset value per share on December 31, 2012 was $22.72 based on 15,326.191 shares outstanding. In comparison, on December 31, 2011, net assets of the Trust were $318,801,434. The net asset value per share on December 31, 2011 was $20.84 based on 15,299,263 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 $247.8 billion in assets as of January 31, 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.
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EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES TRUST | ||||||||
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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 |
Nine Months Ended | |||||||
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December 31, |
December 31, | |||||||
|
2012 |
2011 |
2012 |
2011 | |||||
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Net investment income |
$ 4,254 |
$ 4,489 |
$ 12,753 |
$ 13,678 | ||||
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Net realized and unrealized gains (losses) |
||||||||
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on investments |
(517) |
1,647 |
16,198 |
23,040 | ||||
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Net increase (decrease) in net assets |
||||||||
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from operations |
$ 3,737 |
$ 6,136 |
$ 28,951 |
$ 36,718 | ||||
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Earnings per Share Outstanding |
||||||||
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Net investment income |
$ 0.278 |
$ 0.293 |
$ 0.833 |
$ 0.894 | ||||
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Net realized and unrealized gains (losses) |
||||||||
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on investments |
(0.028) |
0.104 |
1.057 |
1.506 | ||||
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Net increase (decrease) in net assets |
||||||||
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from operations |
$ 0.250 |
$ 0.397 |
$ 1.890 |
$ 2.400 | ||||
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Net Asset Value at December 31 |
||||||||
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Net assets |
$348,195 |
$318,801 | ||||||
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Shares outstanding |
15,326 |
15,299 | ||||||
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Net asset value per share outstanding |
$22.72 |
$20.84 | ||||||
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Market Value Summary |
||||||||
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Market price on NYSE at December 31 |
$23.82 |
$20.90 | ||||||
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High market price (period ended December 31) |
$24.92 |
$21.15 | ||||||
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Low market price (period ended December 31) |
$21.28 |
$18.17 | ||||||
SOURCE Eaton Vance Management
Published March 8, 2013 Reads 167
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