Eaton Vance Ohio Municipal Income Trust Report Of Earnings

          Eaton Vance Ohio Municipal Income Trust Report Of Earnings

PR Newswire

BOSTON, Nov. 12, 2012

BOSTON, Nov.12, 2012 /PRNewswire/ --Eaton Vance Ohio Municipal Income Trust
(NYSE MKT: EVO) (the "Trust"), a closed-end management investment company,
today announced the earnings of the Trust for the three and nine-month periods
ended August 31, 2012. The Trust's fiscal year ends on November 30, 2012.

For the three months ended August 31, 2012, the Trust had net investment
income of $556,886 ($0.195 per common share). From this amount, the Trust
paid dividends on preferred shares of $14,893 (equal to $0.006 for each common
share), resulting in net investment income after the preferred dividends of
$541,993, or $0.189 per common share. The Trust's net investment income for
the nine months ended August 31, 2012 was $1,699,032 ($0.595 per common share,
before deduction of the preferred share dividends totaling $0.015 per common
share), resulting in net investment income after the preferred dividends of
$0.580 per common share. In comparison, for the three months ended August 31,
2011, the Trust had net investment income of $608,683 ($0.214 per common
share). From this amount, the Trust paid dividends on preferred shares of
$11,742 (equal to $0.004 for each common share), resulting in net investment
income after the preferred dividends of $596,941, or $0.210 per common share.
The Trust's net investment income for the nine months ended August 31, 2011
was $1,837,784 ($0.645 per common share, before deduction of the preferred
share dividends totaling $0.020 per common share), resulting in net investment
income after the preferred dividends of $0.625 per common share.

Net realized and unrealized gains for the three months ended August 31, 2012
were $996,719 ($0.348 per common share). The Trust's net realized and
unrealized gains for the nine months ended August 31, 2012 were $5,092,231
($1.783 per common share). In comparison, net realized and unrealized gains
for the three months ended August 31, 2011 were $1,404,477 ($0.496 per common
share). The Trust's net realized and unrealized gains for the nine months
ended August 31, 2011 were $504,585 ($0.177 per common share).

On August 31, 2012, net assets of the Trust applicable to common shares were
$43,370,658. The net asset value per common share on August 31, 2012 was
$15.18 based on 2,856,641 common shares outstanding. In comparison, on August
31, 2011, net assets of the Trust applicable to common shares were
$38,006,636. The net asset value per common share on August 31, 2011 was
$13.31 based on 2,854,594 common 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 $198.2 billion in assets as of September 30, 2012,
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.



EATON VANCE OHIO MUNICIPAL INCOME TRUST
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                                 Three Months Ended      Nine Months Ended
                                 August 31,              August 31,
                                 2012        2011        2012       2011
Net investment income            $   557  $   609  $  1,699  $  1,838
Net realized and unrealized
gains (losses)
 on investments                 997         1,404       5,092      505
Preferred dividends paid from    (15)        (12)        (42)       (58)
net investment income
  Net increase (decrease) in net
  assets
   from operations              $  1,539   $  2,001   $  6,749  $  2,285
Earnings per Common Share
Outstanding
Net investment income            $  0.195   $  0.214   $  0.595  $  0.645
Net realized and unrealized
gains (losses)
 on investments                 0.348       0.496       1.783      0.177
Preferred dividends paid from    (0.006)     (0.004)     (0.015)    (0.020)
net investment income
  Net increase (decrease) in net
  assets
   from operations              $  0.537   $  0.706   $  2.363  $  0.802
Net investment income            $  0.195   $  0.214   $  0.595  $  0.645
Preferred dividends paid from    (0.006)     (0.004)     (0.015)    (0.020)
net investment income
Net investment income after      $  0.189   $  0.210   $  0.580  $  0.625
preferred dividends
Net Asset Value at August 31
(Common Shares)
  Net assets                                            $43,371    $38,007
  Shares outstanding                                    2,857      2,855
  Net asset value per share                              $15.18     $13.31
  outstanding
Market Value Summary (Common
Shares)
  Market price on NYSE MKT at                            $15.74     $12.78
  August 31
  High market price (period                              $15.82     $13.57
  ended August 31)
  Low market price (period ended                         $13.31     $11.40
  August 31)



SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor, 1-800-262-1122
 
Press spacebar to pause and continue. Press esc to stop.