Eaton Vance New York Municipal Income Trust Announces Results of Special Meeting of Shareholders
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.
- Shareholders approved the Plan of Liquidation and Termination.
- The Fund will provide future updates on the liquidation process.
- The Fund's liquidation could signify a permanent loss of investment for shareholders.
- Investors may experience decreased liquidity as the Fund winds down operations.
BOSTON, July 27, 2021 /PRNewswire/ -- Eaton Vance New York Municipal Income Trust (NYSE American: EVY) (the "Fund") announced today the results of the adjourned special meeting of shareholders held on July 27, 2021. Shareholders voted to approve the liquidation and termination of the Fund pursuant to the Plan of Liquidation and Termination adopted by the Fund's Board of Trustees. Additional information regarding the Fund's liquidation, including the planned timing, will be set forth in a future press release.
If you have any questions regarding the liquidation, please contact the Fund at 1-800-262-1122.
About the Fund
Eaton Vance applies in-depth fundamental analysis to the active management of equity, income, alternative and multi-asset strategies. Eaton Vance's investment teams follow time-tested principles of investing that emphasize ongoing risk management, tax management (where applicable) and the pursuit of consistent long-term returns. The firm's investment capabilities encompass the global capital markets. With a history dating back to 1924, Eaton Vance is headquartered in Boston and also maintains investment offices in New York, London, Tokyo and Singapore. For more information, visit evmanagement.com. Eaton Vance is a part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley.
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. The Fund is not a complete investment program and you may lose money investing therein. An investment in the Fund may not be appropriate for all investors. Before investing, prospective investors should consider carefully the Fund's investment objective, strategies, risks, charges and expenses.
This press release is for informational purposes only and is not intended to, and does not, constitute an offer to purchase or sell shares of the Fund. Additional information about the Fund, including performance and portfolio characteristic information, is available at eatonvance.com.
Statements in this press release that are not historical facts may be forward-looking statements, as defined by the U.S. securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors that may be beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
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SOURCE Eaton Vance Management
FAQ
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