Eaton Vance Municipal Income Trust Announces Earnings Results for the Fourth Quarter and Full Year Ended November 30, 2012
The Trust's net investment income for the year ended November 30, 2012 was $20,625,920 ($0.905 per common share, before deduction of the preferred share dividends totaling $0.013 per common share), resulting in net investment income after the preferred dividends of $0.892 per common share. The Trust's net investment income for the year ended November 30, 2011 was $22,443,277 ($0.988 per common share, before deduction of the preferred share dividends totaling $0.016 per common share), resulting in net investment income after the preferred dividends of $0.972 per common share. The net asset value per common share on November 30, 2012 was $13.36 based on 22,804,327 common shares outstanding. In comparison, on November 30, 2011, net assets of the Trust applicable to common shares were $243,936,427. The net asset value per common share on November 30, 2011 was $10.71 based on 22,769,255 common shares outstanding. Net increase in net assets from operations was $82,149,000 or $3.607 per share against $14,202,000 or $0.620 per share a year ago.