September 18, 2014 8:32 PM ET

Capital Markets

Company Overview of Eaton Vance Michigan Municipal Bond Fund

Company Overview

Eaton Vance Michigan Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education. Eaton Vance Michigan Municipal Bond Fund was formed in 2002 and is domiciled in United States.

Two International Place

Boston, MA 02110

United States

Founded in 2002

Phone:

617-482-8260

Fax:

617-338-8054

Key Executives for Eaton Vance Michigan Municipal Bond Fund

President
Age: 58
Chief Legal Officer
Age: 54
Treasurer
Age: 47
Management Committee
Chief Compliance Officer
Age: 61
Compensation as of Fiscal Year 2014.

Eaton Vance Michigan Municipal Bond Fund Key Developments

Eaton Vance Michigan Municipal Bond Fund Declares Dividend, Payable on September 30, 2014

Eaton Vance Michigan Municipal Bond Fund declared dividend of $0.065749 per share, payable on September 30, 2014 to the holders of record on September 23, 2014. The ex-date is on September 19, 2014.

Eaton Vance Michigan Municipal Bond Fund Announces Distribution, Payable on August 29, 2014

Eaton Vance Michigan Municipal Bond Fund announced the distribution of $0.060749 per share payable on August 29, 2014. Record date is August 22, 2014 and ex-date is August 20, 2014.

Eaton Vance Michigan Municipal Bond Fund Announces Earnings Results for the Second Quarter and Six-Months Ended March 31, 2014

Eaton Vance Michigan Municipal Bond Fund announced earnings results for the second quarter and six-months ended March 31, 2014. For the three months, the fund had net investment income of $293,589 or $0.194 per common share. From this amount, the fund paid dividends on preferred shares of $2,589 (equal to $0.001 for each common share), resulting in net investment income after the preferred dividends of $291,000, or $0.193 per common share. In comparison, for the three months ended March 31, 2013, the fund had net investment income of $299,392 or $0.198 per common share. From this amount, the fund paid dividends on preferred shares of $5,503 (equal to $0.004 for each common share), resulting in net investment income after the preferred dividends of $293,889, or $0.194 per common share. Net realized and unrealized gains for the three months ended March 31, 2014 were $1,260,682 or $0.835 per common share. In comparison, net realized and unrealized losses for the three months ended March 31, 2013 were $266,789 or $0.173 per common share. Net increase in net assets from operations was $1,552,000 or $1.028 per share against $27,000 or $0.021 per share a year ago. For the six months, the fund's net investment income for the six months ended March 31, 2014 was $584,716 or $0.386 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 $0.382 per common share. In comparison, the fund's net investment income for the six months ended March 31, 2013 was $612,443 or $0.405 per common share, before deduction of the preferred share dividends totaling $0.010 per common share, resulting in net investment income after the preferred dividends of $0.395 per common share. The fund's net realized and unrealized gains for the six months ended March 31, 2014 were $1,270,721 or $0.842 per common share. In comparison, net realized and unrealized losses for the six months ended March 31, 2013 were $334,459 or $0.218 per common share. Net increase in net assets from operations was $1,849,000 or $1.224 per share against $263,000 or $0.177 per share a year ago. On March 31, 2014, net asset value per common share was $14.02 compared to $14.80 as on March 31, 2013.

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