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Eaton Vance New York Municipal Income Trust - EVY STOCK NEWS

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Eaton Vance New York Municipal Income Trust (NYSE American: EVY) announced the results of its special meeting of shareholders held on July 27, 2021. Shareholders approved the liquidation and termination of the Fund as per the Plan of Liquidation and Termination decided by the Board of Trustees. Further details regarding the liquidation process will be communicated in a subsequent press release. For any inquiries, shareholders can contact the Fund directly.

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Eaton Vance New York Municipal Income Trust (EVY) convened a special shareholder meeting on July 14, 2021, to vote on its liquidation and termination. The meeting was adjourned to July 27, 2021, to provide more time for shareholders to vote. Shareholders of record as of April 23, 2021, are encouraged to vote via proxy materials or participate in the upcoming meeting. Instructions for both direct holders and those holding through intermediaries are provided. The Fund emphasizes the importance of voting and participation, with an emphasis on transparency and shareholder engagement.

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Eaton Vance New York Municipal Income Trust (EVY) held a special meeting on June 25, 2021, to discuss the liquidation and termination of the Fund. The meeting was adjourned to July 14, 2021, allowing shareholders additional time to vote. Shareholders who have not yet voted are encouraged to do so via proxy. The record date for voting remains April 23, 2021. The Fund belongs to Eaton Vance, which emphasizes risk management and long-term returns in its investment strategies.

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-0.33%
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Eaton Vance New York Municipal Income Trust (NYSE American: EVY) announced board approval for a plan of liquidation and termination of the Fund, pending shareholder approval at a special meeting scheduled for June 25, 2021. The board recommends a favorable vote for the liquidation. A record date of April 23, 2021 has been established for determining eligible shareholders to vote. Following the acquisition of Eaton Vance by Morgan Stanley on March 1, 2021, a temporary agreement allowed continued management of the Fund. Shareholders will receive a proxy statement with further details.

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The Annual Meeting of Shareholders for Eaton Vance New York Municipal Income Trust (NYSE American: EVY) will be conducted telephonically on April 16, 2021, at 1:00 p.m. Eastern Time due to COVID-19 restrictions. Shareholders recorded by February 3, 2021, must email AST Fund Solutions to receive participation details. Those with shares through intermediaries need a legal proxy to vote. The Fund encourages shareholders to vote in advance of the Meeting. Further updates may be provided based on the evolving public health situation. Proxy statement available here.

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Eaton Vance Floating-Rate Income Trust (EFT), Eaton Vance Senior Floating-Rate Trust (EFR), and Eaton Vance New York Municipal Income Trust (EVY) announced conditional cash tender offers for up to 25% of their outstanding shares, contingent on shareholder approval of a new advisory agreement. If approved, EFT and EFR will increase monthly distributions to $0.0775 and $0.0813 per share, representing a 25% increase. The funds' distributions may not always reflect net investment income and can include other sources. There are risks regarding the tender offers and future distributions.

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FAQ

What is the market cap of Eaton Vance New York Municipal Income Trust (EVY)?

The market cap of Eaton Vance New York Municipal Income Trust (EVY) is approximately 81.9M.

Eaton Vance New York Municipal Income Trust

NYSE:EVY

EVY Rankings

EVY Stock Data

81.95M
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