Eaton Vance Announces Planned Liquidation of eUnits™ 2 Year U.S. Market Participation Trust: Upside to Cap / Buffered Downs...
11 January 2014 - 10:14AM
PR Newswire (US)
BOSTON, Jan. 10, 2014
/PRNewswire/ -- Eaton Vance Corp. (NYSE: EV) announced today
that eUnits™ 2 Year U.S. Market Participation Trust: Upside to Cap
/ Buffered Downside (the "Trust") will, consistent with the terms
of the Trust, terminate its operations and close its books at the
close of business on January 24, 2014
(the "Termination Date"). The Termination Date is also the
record date for determining the unit holders entitled to receive
liquidating distributions. Trading of the Trust's units on
the NYSE MKT will be suspended at 4:00 p.m.
ET on January 24, 2014.
The Trust anticipates making a final liquidating cash distribution
to unit holders on or about January 28,
2014.
The Trust was offered in January
2012 to investors seeking to earn returns over the two-year
term of the Trust based on the price performance of the S&P 500
Composite Stock Price Index, with buffered downside and a cap on
potential upside.
Eaton Vance is one of the oldest investment management firms in
the United States, with a history
dating to 1924. Eaton Vance and its affiliates managed $280.7 billion in assets as of October 31, 2013, offering individuals and
institutions a broad array of investment strategies and wealth
management solutions. The Company's long record of providing
exemplary service, timely innovation and attractive returns through
a variety of market conditions has made Eaton Vance the investment
manager of choice for many of today's most discerning
investors. For more information about Eaton Vance, visit
www.eatonvance.com.
SOURCE Eaton Vance Corp.
Copyright 2014 PR Newswire
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