Eaton Vance Ohio Municipal Income Trust Report Of Earnings

          Eaton Vance Ohio Municipal Income Trust Report Of Earnings

PR Newswire

BOSTON, Aug. 14, 2014

BOSTON, Aug. 14, 2014 /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 six-month periods
ended May 31, 2014. The Trust's fiscal year ends on November 30, 2014.

For the three months ended May 31, 2014, the Trust had net investment income
of $551,694 ($0.193 per common share). From this amount, the Trust paid
dividends on preferred shares of $7,411 (equal to $0.002 for each common
share), resulting in net investment income after the preferred dividends of
$544,283, or $0.191 per common share. The Trust's net investment income for
the six months ended May 31, 2014 was $1,113,936 ($0.390 per common share,
before deduction of the preferred share dividends totaling $0.004 per common
share), resulting in net investment income after the preferred dividends of
$0.386 per common share. In comparison, for the three months ended May 31,
2013, the Trust had net investment income of $534,266 ($0.187 per common
share). From this amount, the Trust paid dividends on preferred shares of
$14,208 (equal to $0.005 for each common share), resulting in net investment
income after the preferred dividends of $520,058, or $0.182 per common share.
The Trust's net investment income for the six months ended May 31, 2013 was
$1,073,612 ($0.376 per common share, before deduction of the preferred share
dividends totaling $0.009 per common share), resulting in net investment
income after the preferred dividends of $0.367 per common share.

Net realized and unrealized gains for the three months ended May 31, 2014 were
$1,830,150 ($0.641 per common share). The Trust's net realized and unrealized
gains for the six months ended May 31, 2014 were $3,655,611 ($1.280 per common
share). In comparison, net realized and unrealized losses for the three months
ended May 31, 2013 were $1,380,887 ($0.479 per common share). The Trust's net
realized and unrealized losses for the six months ended May 31, 2013 were
$2,934,051 ($1.023 per common share).

On May 31, 2014, net assets of the Trust applicable to common shares were
$42,300,822. The net asset value per common share on May 31, 2014 was $14.81
based on 2,857,157 common shares outstanding. In comparison, on May 31, 2013,
net assets of the Trust applicable to common shares were $42,333,583. The net
asset value per common share on May 31, 2013 was $14.82 based on 2,857,157
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 $288.2 billion in assets as of July 31, 2014,
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        Six Months Ended
                           May 31,                  May 31,
                           2014         2013         2014         2013
Net investment income      $         $         $   1,114  $   1,074
                           552         534
Net realized and
unrealized gains (losses)
 on investments           1,830        (1,381)      3,656        (2,934)
Preferred dividends paid   (7)          (14)         (12)         (25)
from net investment income
    Net increase
    (decrease) in net
    assets
     from operations      $   2,375  $         $   4,758  $  (1,885)
                                        (861)
Earnings per Common Share
Outstanding
Net investment income      $   0.193  $   0.187  $   0.390  $   0.376
Net realized and
unrealized gains (losses)
 on investments           0.641        (0.479)      1.280        (1.023)
Preferred dividends paid   (0.002)      (0.005)      (0.004)      (0.009)
from net investment income
    Net increase
    (decrease) in net
    assets
     from operations      $   0.832  $  (0.297)  $   1.666  $  (0.656)
Net investment income      $   0.193  $   0.187  $   0.390  $   0.376
Preferred dividends paid   (0.002)      (0.005)      (0.004)      (0.009)
from net investment income
Net investment income      $   0.191  $   0.182  $   0.386  $   0.367
after preferred dividends
Net Asset Value at May 31
(Common Shares)
    Net assets                                      $42,301      $42,334
    Shares outstanding                              2,857        2,857
    Net asset value per                              $14.81       $14.82
    share outstanding
Market Value Summary
(Common Shares)
    Market price on NYSE                             $13.85       $14.01
    MKT at May 31
    High market price                                $14.08       $17.16
    (period ended May 31)
    Low market price                                 $11.57       $13.93
    (period ended May 31)

SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor Contact: (800) 262-1122
 
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