Eaton Vance New Jersey Municipal Bond Fund Report Of Earnings

        Eaton Vance New Jersey Municipal Bond Fund Report Of Earnings

PR Newswire

BOSTON, Dec. 3, 2012

BOSTON, Dec.3, 2012 /PRNewswire/ --Eaton Vance New Jersey Municipal Bond
Fund (NYSE MKT: EMJ) (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 $525,828 ($0.201 per common share). From this amount, the Fund paid
dividends on preferred shares of $12,309 (equal to $0.005 for each common
share), resulting in net investment income after the preferred dividends of
$513,519, or $0.196 per common share. The Fund's net investment income for the
year ended September 30, 2012 was $2,131,601 ($0.820 per common share, before
deduction of the preferred share dividends totaling $0.019 per common share),
resulting in net investment income after the preferred dividends of $0.801 per
common share. In comparison, for the three months ended September 30, 2011,
the Fund had net investment income of $526,658 ($0.204 per common share).
From this amount, the Fund paid dividends on preferred shares of $10,997
(equal to $0.004 for each common share), resulting in net investment income
after the preferred dividends of $515,661, or $0.200 per common share. The
Fund's net investment income for the year ended September 30, 2011 was
$2,315,111 ($0.895 per common share, before deduction of the preferred share
dividends totaling $0.026 per common share), resulting in net investment
income after the preferred dividends of $0.869 per common share.

Net realized and unrealized gains for the three months ended September 30,
2012 were $1,399,947 ($0.536 per common share). The Fund's net realized and
unrealized gains for the year ended September 30, 2012 were $3,825,815 ($1.471
per common share). In comparison, net realized and unrealized gains for the
three months ended September 30, 2011 were $645,212 ($0.251 per common share).
The Fund's net realized and unrealized losses for the year ended September 30,
2011 were $3,053,168 ($1.179 per common share).

On September 30, 2012, net assets of the Fund applicable to common shares were
$38,139,962. The net asset value per common share on September 30, 2012 was
$14.64 based on 2,605,694 common shares outstanding. In comparison, on
September 30, 2011, net assets of the Fund applicable to common shares were
$34,186,105. The net asset value per common share on September 30, 2011 was
$13.18 based on 2,594,650 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 JERSEY MUNICIPAL BOND FUND
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                       $  526  $  527  $ 2,132  $ 2,315
income
Net realized and
unrealized gains
(losses)
 on investments                     1,400     645       3,826     (3,053)
Preferred
dividends paid                       (12)      (11)      (48)      (68)
from net
investment income
                   Net increase
                   (decrease) in net
                   assets
                    from operations $ 1,914   $ 1,161   $ 5,910  $  (806)
Earnings per
Common Share
Outstanding
Net investment                       $ 0.201   $ 0.204   $ 0.820  $ 0.895
income
Net realized and
unrealized gains
(losses)
 on investments                     0.536     0.251     1.471     (1.179)
Preferred
dividends paid                       (0.005)   (0.004)   (0.019)   (0.026)
from net
investment income
                   Net increase
                   (decrease) in net
                   assets
                    from operations $ 0.732   $ 0.451   $ 2.272  $(0.310)
Net investment                       $ 0.201   $ 0.204   $ 0.820  $ 0.895
income
Preferred
dividends paid                       (0.005)   (0.004)   (0.019)   (0.026)
from net
investment income
Net investment
income after                         $ 0.196   $ 0.200   $ 0.801  $ 0.869
preferred
dividends
Net Asset Value at
September 30
(Common Shares)
                   Net assets                           $38,140   $34,186
                   Shares                                2,606     2,595
                   outstanding
                   Net asset value
                   per share                             $14.64    $13.18
                   outstanding
Market Value
Summary (Common
Shares)
                   Market price on
                   NYSE MKT at                           $15.09    $13.37
                   September 30
                   High market price
                   (period ended                         $15.60    $15.38
                   September 30)
                   Low market price
                   (period ended                         $13.17    $11.92
                   September 30)

SOURCE Eaton Vance Management

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