Eaton Vance Massachusetts Municipal Income Trust Releases Earnings

Eaton Vance Massachusetts Municipal Income Trust (the "Trust"), a closed-end management investment company, announced the earnings of the Trust for the three months and year ended November 30.
According to a release January 31, the Trust's fiscal year ended on November 30.
For the three months ended November 30, the Trust had net investment income of $583,452 ($0.212 per common share). From this amount, the Trust paid dividends on preferred shares of $11,569 (equal to $0.004 for each common share), resulting in net investment income after the preferred dividends of $571,883, or $0.208 per common share. The Trust's net investment income for the year ended November 30, 2011 was $2,440,871 ($0.890 per common share, before deduction of the preferred share dividends totaling $0.023 per common share), resulting in net investment income after the preferred dividends of $0.867 per common share. In comparison, for the three months ended November 30, 2010, the Trust had net investment income of $620,846 ($0.227 per common share). From this amount, the Trust paid dividends on preferred shares of $20,939 (equal to $0.008 for each common share), resulting in net investment income after the preferred dividends of $599,907, or $0.219 per common share. The Trust's net investment income for the year ended November 30, 2010 was $2,529,497 ($0.926 per common share, before deduction of the preferred share dividends totaling $0.030 per common share), resulting in net investment income after the preferred dividends of $0.896 per common share.
Net realized and unrealized gains for the three months ended November 30, were $508,455 ($0.179 per common share). The Trust's net realized and unrealized gains for the year ended November 30, 2011 were $618,839 ($0.219 per common share). In comparison, net realized and unrealized losses for the three months ended November 30, 2010 were $3,214,040 ($1.176 per common share). The Trust's net realized and unrealized gains for the year ended November 30, 2010 were $569,375 ($0.210 per common share).
On November 30, net assets of the Trust applicable to common shares were $38,372,394. The net asset value per common share on November 30, 2011 was $13.97 based on 2,746,642 common shares outstanding. In comparison, on November 30, 2010, net assets of the Trust applicable to common shares were $37,734,955. The net asset value per common share on November 30, 2010 was $13.79 based on 2,737,099 common shares outstanding.
The Trust is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., based in Boston, an investment management firm in the United States.