Eaton Vance Insured Municipal Bond Fund II - EIVLogo
255 State Street, Boston, MA, 02109, US. TEL: 800-262-1122 http://www.eatonvance.com
Last SaleNet Change% ChangeVolumeLast Updated
$12.700.322.4628,83411/20/09 3:54 PM ET


Profile News

Security TypeClosed End FundSpecialist076
IndustryClosed End FundsTrading Post2
Primary ExchangeNYSE AmexSEC Filings

Description

Eaton Vance Insured Municipal Bond Fund II is a non-diversified, closed-end management investment company whose investment objective is to provide current income exempt from federal income tax, including alternative minimum tax. The fund seeks to achieve its investment objective by investing primarily in high grade municipal obligations that are insured as to the timely payment of principal and interest and are not subject to alternative minimum tax. During normal market conditions, at least 80% of the fund's net assets will be invested in debt obligations issued by or on behalf of states, territories and possessions of the U.S., and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from federal income tax, including alternative minimum tax, and that are insured as to principal and interest payments. Such insurance will be from insurers having a claims-paying ability rated Aaa by Moody's Investors Service, Inc. or AAA by Standard & Poor's Ratings Group or Fitch Ratings. At least 80% of the fund's total assets will normally be invested in municipal obligations rated in the highest category at the time of investment (which is Aaa by Moody's or AAA by S&P or Fitch or, if unrated, determined to be of comparable quality by the fund's investment advisor). Up to 20% of the fund's total assets may be invested in obligations rated below Aaa or AAA (but not lower than BBB or Baa) and comparable unrated obligations. Accordingly, the fund does not intend to invest any of its assets in obligations rated below investment grade or in comparable unrated obligations. Under normal market conditions, the fund expects to be fully invested (at least 95% of its net assets) in accordance with its investment objective.
Quote


Last Sale$12.70
(11/20/09)
Net Change0.32
% Change2.46
Previous Close$13.02
Today’s Open$13.02
Today’s High$13.05
Today’s Low$12.60
Volume28,834
52 Week High$14.02
52 Week Low$6.83
Chart


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Fundamentals

P/E ratio 11.94 Short Interest 6,242
Earnings Per Share N.A. Current yield 7.09
Shares Outstanding 9,930,000 Dividend Info
Market Cap 126,111,000