BOSTON, Oct. 1, 2021 /PRNewswire/
-- Eaton Vance Management ("EVM"), investment
adviser to the closed-end funds listed below (the "Funds")
announced that Julie P. Callahan,
CFA and William J. Delahunty, Jr., CFA have joined the portfolio
management team of certain Funds. Effective October 1, 2021, the members of each Fund's
portfolio management team are as follows:
|
Fund
|
Portfolio
Management Team Effective October 1, 2021
|
|
Eaton Vance Municipal
Bond Fund (NYSE American: EIM)
|
Cynthia J. Clemson
and Julie P. Callahan
|
|
Eaton Vance National
Municipal Opportunities Trust (NYSE: EOT)
|
Cynthia J. Clemson
and William J. Delahunty, Jr.
|
|
Eaton Vance Municipal
Income 2028 Term Trust (NYSE: ETX)
|
Craig R. Brandon and
Julie P. Callahan
|
|
Eaton Vance Municipal
Income Trust (NYSE: EVN)
|
Cynthia J. Clemson
and William J. Delahunty, Jr.
|
|
Eaton Vance New York
Municipal Bond Fund (NYSE American: ENX)
|
Christopher J.
Eustance
|
|
Eaton Vance
California Municipal Income Trust (NYSE American: CEV)
|
Trevor
Smith
|
|
Eaton Vance
California Municipal Bond Fund (NYSE American: EVM)
|
Trevor
Smith
|
Ms. Callahan has been a Vice President of EVM since September 2021 and has been a Managing Director
at Morgan Stanley Investment Management Inc. ("MSIM"), an affiliate
of EVM, since 2020. Prior to joining MSIM, she was a senior member
of the municipal bond portfolio management team at PIMCO from 2011
to 2020.
Mr. Delahunty is a Vice President of EVM and joined EVM's
municipal team in 1998.
About the Funds
Eaton Vance applies in-depth fundamental analysis to the active
management of equity, income, alternative and multi-asset
strategies. Eaton Vance's investment teams follow time-tested
principles of investing that emphasize ongoing risk management, tax
management (where applicable) and the pursuit of consistent
long-term returns. The firm's investment capabilities encompass the
global capital markets. With a history dating back to 1924, Eaton
Vance is headquartered in Boston
and also maintains investment offices in New York, London, Tokyo
and Singapore. For more
information, visit evmanagement.com. Eaton Vance is a part of
Morgan Stanley Investment Management, the asset management division
of Morgan Stanley.
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 a Fund's investment strategy and future
return expectations, and investors' confidence in the underlying
markets in which a Fund invests. Fund shares are subject to
investment risk, including possible loss of principal invested. A
Fund is not a complete investment program and you may lose money
investing therein. An investment in a Fund may not be appropriate
for all investors. Before investing, prospective investors should
consider carefully the Fund's investment objective, strategies,
risks, charges and expenses.
This press release is for informational purposes only and is
not intended to, and does not, constitute an offer to purchase or
sell shares of a Fund. Additional information about the Funds,
including performance and portfolio characteristic information, is
available at eatonvance.com.
Statements in this press release that are not historical
facts may be forward-looking statements, as defined by the 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 that may be beyond a 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