Eaton Vance New York Municipal Income Trust Reports Earnings Results for the Second Quarter and Six Months Ended May 31, 2014
For the six months, the company's net investment income was $2,337,000 or $0.427 per common share against $2,287,000 or $0.418 per common share a year ago. Net realized and unrealized gains on investments were $6,132,000 or $1.121 per common share against net realized and unrealized losses on investments of $4,591,000 or $0.843 per common share a year ago. Preferred dividends paid from net investment income were $19,000 or $0.003 per common share against $37,000 or $0.007 per common share a year ago. Net increase in net assets from operations was $8,450,000 or $1.545 per common share against net decrease in net assets from operations of $2,341,000 or $0.432 per common share a year ago. On May 31, 2014, net assets of the Trust applicable to common shares were $78,685,420. The net asset value per common share on May 31, 2014 was $14.37 based on 5,474,995 common shares outstanding. In comparison, on May 31, 2013, net assets of the Trust applicable to common shares were $80,260,716. The net asset value per common share on May 31, 2013 was $14.66 based on 5,474,636 common shares outstanding.