Eaton Vance New York Municipal Income Trust Announces Earnings Results for the Fourth Quarter and Full Year Ended November 30, 2012
The Trust's net investment income for the year ended November 30, 2012 was $4,678,805 ($0.856 per common share, before deduction of the preferred share dividends totaling $0.016 per common share), resulting in net investment income after the preferred dividends of $0.840 per common share. The Trust's net investment income for the year ended November 30, 2011 was $5,179,486 ($0.950 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 $0.931 per common share. Net increase in net assets from operations was $17,164,000 or $3.140 per share against $6,034,000 or $1.110 per share a year ago. The net asset value per common share on November 30, 2012 was $15.54 based on 5,470,944 common shares outstanding. In comparison, on November 30, 2011, net assets of the Trust applicable to common shares were $72,678,205. The net asset value per common share on November 30, 2011 was $13.31 based on 5,461,594 common shares outstanding.