Eaton Vance New York Municipal Bond Fund II Report Of Earnings

        Eaton Vance New York Municipal Bond Fund II Report Of Earnings

PR Newswire

BOSTON, Dec. 3, 2012

BOSTON, Dec.3, 2012 /PRNewswire/ --Eaton Vance New York Municipal Bond Fund
II (NYSE MKT: NYH) (the "Fund"), a closed-end management investment company,
today announced the earnings of the Fund for the three months and year ended
September 30, 2012. The Fund's fiscal year ended on September 30, 2012.

For the three months ended September 30, 2012, the Fund had net investment
income of $471,418 ($0.184 per common share). From this amount, the Fund paid
dividends on preferred shares of $8,451 (equal to $0.004 for each common
share), resulting in net investment income after the preferred dividends of
$462,967, or $0.180 per common share. The Fund's net investment income for the
year ended September 30, 2012 was $1,987,744 ($0.775 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 $0.762 per
common share. In comparison, for the three months ended September 30, 2011,
the Fund had net investment income of $535,954 ($0.209 per common share).
From this amount, the Fund paid dividends on preferred shares of $7,247 (equal
to $0.003 for each common share), resulting in net investment income after the
preferred dividends of $528,707, or $0.206 per common share. The Fund's net
investment income for the year ended September 30, 2011 was $2,225,131 ($0.868
per common share, before deduction of the preferred share dividends totaling
$0.018 per common share), resulting in net investment income after the
preferred dividends of $0.850 per common share.

Net realized and unrealized gains for the three months ended September 30,
2012 were $1,042,521 ($0.407 per common share). The Fund's net realized and
unrealized gains for the year ended September 30, 2012 were $2,979,198 ($1.162
per common share). In comparison, net realized and unrealized gains for the
three months ended September 30, 2011 were $1,146,985 ($0.451 per common
share). The Fund's net realized and unrealized losses for the year ended
September 30, 2011 were $1,598,825 ($0.621 per common share).

On September 30, 2012, net assets of the Fund applicable to common shares were
$35,669,059. The net asset value per common share on September 30, 2012 was
$13.90 based on 2,566,181 common shares outstanding. In comparison, on
September 30, 2011, net assets of the Fund applicable to common shares were
$32,716,632. The net asset value per common share on September 30, 2011 was
$12.76 based on 2,564,036 common shares outstanding.

The Fund 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"). Fund
portfolio holdings for the most recent month-end are also posted to the
website approximately 30 days following month-end.

The Fund 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 $199.5 billion in assets as of October 31, 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 NEW YORK MUNICIPAL BOND FUND II
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                                       Three Months Ended  Year Ended
                                       September 30,       September 30,
                                       2012      2011      2012      2011
Net investment                         $  471  $  536  $ 1,988  $ 2,225
income
Net realized and
unrealized gains
(losses)
 on investments                       1,043     1,147     2,979     (1,599)
Preferred dividends
paid from net                          (8)       (7)       (32)      (45)
investment income
                     Net increase
                     (decrease) in net
                     assets
                      from operations $ 1,506   $ 1,676   $ 4,935  $   581
Earnings per Common
Share Outstanding
Net investment                         $ 0.184   $ 0.209   $ 0.775  $ 0.868
income
Net realized and
unrealized gains
(losses)
 on investments                       0.407     0.451     1.162     (0.621)
Preferred dividends
paid from net                          (0.004)   (0.003)   (0.013)   (0.018)
investment income
                     Net increase
                     (decrease) in net
                     assets
                      from operations $ 0.587   $ 0.657   $ 1.924  $ 0.229
Net investment                         $ 0.184   $ 0.209   $ 0.775  $ 0.868
income
Preferred dividends
paid from net                          (0.004)   (0.003)   (0.013)   (0.018)
investment income
Net investment
income after                           $ 0.180   $ 0.206   $ 0.762  $ 0.850
preferred dividends
Net Asset Value at
September 30 (Common
Shares)
                     Net assets                           $35,669   $32,717
                     Shares                                2,566     2,564
                     outstanding
                     Net asset value
                     per share                             $13.90    $12.76
                     outstanding
Market Value Summary
(Common Shares)
                     Market price on
                     NYSE MKT at                           $13.97    $12.89
                     September 30
                     High market price
                     (period ended                         $14.93    $14.30
                     September 30)
                     Low market price
                     (period ended                         $12.79    $11.49
                     September 30)

SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor, 1-800-262-1122