August 27, 2014 9:24 PM ET

Capital Markets

Company Overview of Eaton Vance New Jersey Municipal Income Trust

Company Overview

Eaton Vance New Jersey Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. The trust invests primarily in debt securities issued by New Jersey municipalities. Its portfolio comprises investments primarily in cogeneration, education, electric utilities, general obligations, hospital, industrial development, housing, transportation, water and sewer, and senior living/life care sectors. Eaton Vance New Jersey Municipal Income Trust was organized in 1998 and is based in Boston, Massachusetts.

Two International Place

Boston, MA 02110

United States

Founded in 1998

Key Executives for Eaton Vance New Jersey Municipal Income Trust

President
Age: 58
President of California Michigan
Age: 51
Chief Legal Officer
Age: 54
Treasurer
Age: 47
Vice President and Portfolio Manager
Age: 39
Compensation as of Fiscal Year 2014.

Eaton Vance New Jersey Municipal Income Trust Key Developments

Eaton Vance New Jersey Municipal Income Trust Announces Earnings Results for the Second Quarter and Six Months Ended May 31, 2014

Eaton Vance New Jersey Municipal Income Trust announced earnings results for the second quarter and six months ended May 31, 2014. The Trust's fiscal year ends on November 30, 2014. For the three months ended May 31, 2014, the Trust had net investment income of $884,966 or $0.189 per common share. From this amount, the Trust paid dividends on preferred shares of $10,892 or equal to $0.002 for each common share, resulting in net investment income after the preferred dividends of $874,074, or $0.187 per common share. In comparison, for the three months ended May 31, 2013, the Trust had net investment income of $875,842 or $0.187 per common share. From this amount, the Trust paid dividends on preferred shares of $21,255 or equal to $0.005 for each common share, resulting in net investment income after the preferred dividends of $854,587, or $0.182 per common share. Net realized and unrealized gains for the three months ended May 31, 2014 were $2,216,891 or $0.481 per common share. In comparison, net realized and unrealized losses for the three months ended May 31, 2013 were $1,546,952 or $0.332 per common share. The Trust's net investment income for the six months was $1,764,469 or $0.377 per common share, before deduction of the preferred share dividends totaling $0.004 per common share, resulting in net investment income after the preferred dividends of $0.373 per common share. The Trust's net investment income for the six months ended May 31, 2013 was $1,779,319 or $0.380 per common share, before deduction of the preferred share dividends totaling $0.008 per common share, resulting in net investment income after the preferred dividends of $0.372 per common share. The Trust's net realized and unrealized gains for the six months ended May 31, 2014 were $4,814,933 or $1.036 per common share. The Trust's net realized and unrealized losses for the six months ended May 31, 2013 were $2,650,686 or $0.568 per common share. Net asset value per share outstanding was $13.99 against $14.20 a year ago.

Eaton Vance New Jersey Municipal Income Trust Announces Distribution, Payable on August 18, 2014

Eaton Vance New Jersey Municipal Income Trust announced distribution of $0.060667, payable on August 18, 2014 to the holder’s record on August 11, 2014. Ex-date is August 7, 2014.

Eaton Vance New Jersey Municipal Income Trust Reports Earnings Results for the Quarter Ended February 28, 2014

Eaton Vance New Jersey Municipal Income Trust reported earnings results for the quarter ended February 28, 2014. For the three months ended February 28, 2014, the Trust had net investment income of $879,503 or $0.188 per common share against $903,000 or $0.193 per share a year ago. Net realized and unrealized gains for the three months ended February 28, 2014 were $2,598,042 or $0.555 per common share. In comparison, net realized and unrealized losses for the three months ended February 28, 2013 were $1,103,734 or $0.236 per common share.

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