Eaton Vance Municipal Bond Funds Declare Monthly Distributions

        Eaton Vance Municipal Bond Funds Declare Monthly Distributions

PR Newswire

BOSTON, Jan. 31, 2013

BOSTON, Jan. 31, 2013 /PRNewswire/ -- Eaton Vance Management, the Boston-based
investment adviser, today announced the monthly distributions declared on the
common shares of eleven of its closed-end municipal bond funds (the "Funds").
The announcement reflects a decrease in the monthly distribution for Eaton
Vance Massachusetts Municipal Bond Fund (NYSE MKT: MAB), Eaton Vance New
Jersey Municipal Bond Fund (NYSE MKT: EMJ) and Eaton Vance Pennsylvania
Municipal Bond Fund (NYSE MKT: EIP). The record date for the distributions is
February 21, 2013, and the payable date is February 28, 2013. The ex-date is
February 19, 2013. The distribution per share, closing market price on January
30, 2013 (or last trade price), and annualized market yield for each Fund are
as follows:

                                          Distribution Closing      Annualized
Fund                                      Per Share    Market Price Yield
Eaton Vance Municipal Bond Fund (NYSE    $0.063835    $14.30       5.36%
MKT: EIM)
Eaton Vance Municipal Bond Fund II (NYSE  $0.063124    $14.05       5.39%
MKT: EIV)
Eaton Vance California Municipal Bond     $0.054500    $12.68       5.16%
Fund (NYSE MKT: EVM)
Eaton Vance California Municipal Bond     $0.064249    $14.42       5.35%
Fund II (NYSE MKT: EIA)
Eaton Vance Massachusetts Municipal Bond  $0.063333    $16.66       4.56%
Fund (NYSE MKT: MAB)
Eaton Vance Michigan Municipal Bond Fund  $0.066582    $14.79       5.40%
(NYSE MKT: MIW)
Eaton Vance New Jersey Municipal Bond     $0.058333    $15.27       4.58%
Fund (NYSE MKT: EMJ)
Eaton Vance New York Municipal Bond Fund  $0.057333    $14.42       4.77%
(NYSE MKT: ENX)
Eaton Vance New York Municipal Bond Fund $0.057250    $14.08       4.88%
II (NYSE MKT: NYH)
Eaton Vance Ohio Municipal Bond Fund      $0.058500    $14.69       4.78%
(NYSE MKT: EIO)
Eaton Vance Pennsylvania Municipal Bond   $0.064417    $15.32       5.05%
Fund (NYSE MKT: EIP)

The amount of monthly distributions may vary depending on a number of factors.
As portfolio and market conditions change, the rate of distributions on the
Funds' common shares could change.

The Funds are 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 $238.4 billion in assets as of December 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.

Shares of closed-end funds often trade at a discount from their net asset
value. The market price of Fund shares may vary from net asset value based on
factors affecting the supply and demand for shares, such as Fund distribution
rates relative to similar investments, investors' expectations for future
distribution changes, the clarity of the Fund's investment strategy and future
return expectations, and investors' confidence in the underlying markets in
which the Fund invests. Fund shares are subject to investment risk, including
possible loss of principal invested. No Fund is a complete investment program
and you may lose money investing in a Fund. An investment in a Fund may not be
appropriate for all investors. Before investing, prospective investors should
consider carefully the Fund's investment objective, risks, charges and
expenses.

SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investors, Eaton Vance Management, 1-800-262-1122