Edgar Filing: EATON VANCE OHIO MUNICIPAL INCOME TRUST

Eaton Vance Ohio Muni Income Trust

UNITED STATES SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-09153

Eaton Vance Ohio Municipal Income Trust

(Exact Name of registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110
(Address of Principal Executive Offices)

Maureen A. Gemma
Two International Place, Boston, Massachusetts 02110
(Name and Address of Agent for Services)

(617) 482-8260
(registrant’s Telephone Number)

November 30
Date of Fiscal Year End

November 30, 2009
Date of Reporting Period

Item 1. Reports to Stockholders

IMPORTANT NOTICES REGARDING PRIVACY,
DELIVERY OF SHAREHOLDER DOCUMENTS,
PORTFOLIO HOLDINGS AND PROXY VOTING

Privacy. The Eaton Vance organization is committed to ensuring your financial privacy. Each of the financial institutions identified below has in effect the following policy (“Privacy Policy”) with respect to nonpublic personal information about its customers:


	•	Only such information received from you, through application forms or otherwise, and information about your Eaton Vance fund transactions will be collected. This may include information such as name, address, social security number, tax status, account balances and transactions.

	•	None of such information about you (or former customers) will be disclosed to anyone, except as permitted by law (which includes disclosure to employees necessary to service your account). In the normal course of servicing a customer’s account, Eaton Vance may share information with unaffiliated third parties that perform various required services such as transfer agents, custodians and broker/dealers.

	•	Policies and procedures (including physical, electronic and procedural safeguards) are in place that are designed to protect the confidentiality of such information.

	•	We reserve the right to change our Privacy Policy at any time upon proper notification to you. Customers may want to review our Privacy Policy periodically for changes by accessing the link on our homepage: www.eatonvance.com.

Our pledge of privacy applies to the following entities within the Eaton Vance organization: the Eaton Vance Family of Funds, Eaton Vance Management, Eaton Vance Investment Counsel, Boston Management and Research, and Eaton Vance Distributors, Inc.

In addition, our Privacy Policy applies only to those Eaton Vance customers who are individuals and who have a direct relationship with us. If a customer’s account (i.e., fund shares) is held in the name of a third-party financial adviser/broker-dealer, it is likely that only such adviser’s privacy policies apply to the customer. This notice supersedes all previously issued privacy disclosures.

For more information about Eaton Vance’s Privacy Policy, please call 1-800-262-1122.

Delivery of Shareholder Documents. The Securities and Exchange Commission (the “SEC”) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called “householding” and it helps eliminate duplicate mailings to shareholders.

Eaton Vance, or your financial adviser, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial adviser, otherwise.

If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-262-1122, or contact your financial adviser.

Your instructions that householding not apply to delivery of your Eaton Vance documents will be effective within 30 days of receipt by Eaton Vance or your financial adviser.

Portfolio Holdings. Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) will file a schedule of portfolio holdings on Form N-Q with the SEC for the first and third quarters of each fiscal year. The Form N-Q will be available on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the SEC’s website at www.sec.gov. Form N-Q may also be reviewed and copied at the SEC’s public reference room in Washington, D.C. (call 1-800-732-0330 for information on the operation of the public reference room).

Proxy Voting. From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds’ and Portfolios’ Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12 month period ended June 30, without charge, upon request, by calling 1-800-262-1122. This description is also available on the SEC’s website at www.sec.gov.

Eaton Vance Municipal Income Trusts as of November 30, 2009


Management’s Discussion of Fund Performance			2

Performance Information and Portfolio Composition

California Municipal Income Trust			4
Massachusetts Municipal Income Trust			5
Michigan Municipal Income Trust			6
New Jersey Municipal Income Trust			7
New York Municipal Income Trust			8
Ohio Municipal Income Trust			9
Pennsylvania Municipal Income Trust			10

Financial Statements			11

Federal Tax Information			62

Dividend Reinvestment Plan			63

Board of Trustees’ Annual Approval of the Investment Advisory Agreements			65

Management and Organization			68

Eaton Vance Municipal Income Trusts as of November 30, 2009

MANAGEMENT’S DISCUSSION OF FUND PERFORMANCE

Eaton Vance Municipal Income Trusts (the “Trusts”) are closed-end Trusts, traded on the NYSE Amex, which are designed to provide current income exempt from regular federal income tax and state personal income taxes. This income is earned by investing primarily in investment-grade municipal securities.

Economic and Market Conditions

For the year ending November 30, 2009, the U.S. economy and the capital markets continued to show improvement from the market upheaval that occurred in the fall of 2008 and continued through the first quarter of 2009. After contracting in the last calendar quarter of 2008 and the first two quarters of 2009—declining at annualized rates of 5.4%, 6.4% and 0.7%, respectively—the U.S. economy grew at an annualized rate of 2.2% in the third quarter of 2009, according to the U.S. Department of Commerce.

During the Trusts’ fiscal year, the municipal bond market witnessed a significant rebound as demand returned from investors who had sought the relative safety of Treasury bonds in 2008, and cautious optimism spread on signs of a mildly improving economy. The renewed appetite for municipal bonds was buoyed by provisions in the American Recovery and Reinvestment Act of 2009 aimed at supporting the municipal market. The new Build America Bond program gave municipal issuers broader access to the taxable debt markets, providing the potential for lower net borrowing costs and reducing the supply of traditional tax-exempt bonds. The federal stimulus program also provided direct cash subsidies to municipalities that were facing record budget deficits. The result of these events was a dramatic rally for the sector as yields fell and prices rose across the yield curve.

During the year ending November 30, 2009, municipals continued the rally that had begun in mid-December 2008, posting strong returns for the period. The Trusts’ benchmark, the Barclays Capital Municipal Bond Index (the Index)—a broad-based, unmanaged index of municipal bonds—gained 14.17% for the period.¹

Management Discussion

During the year ending November 30, 2009, the Trusts outperformed the Index and their Lipper peer group averages by significant margins. Due to their objective of providing tax-exempt income and the historical upward slope of the municipal yield curve, the Trusts generally hold longer-maturity bonds relative to the broad market than many of our competitors do. Given the significant price movement at the longer end of the municipal yield curve, management’s bias toward longer maturities was the basis for much of the Trusts’ outperformance during the period. Investing across the credit spectrum and making higher allocations to revenue bonds also contributed positively to relative performance.

The Trusts generally invest in bonds with stated maturities of 10 years or longer, as longer-maturity bonds historically have provided greater tax-exempt income for investors than shorter-maturity bonds. While the price declines experienced by municipals in 2008 were most pronounced on the long end of the yield curve, longer-maturity bonds outperformed shorter maturities during 2009, thus providing the basis for much of the Trusts’ outperformance during this fiscal year.

Management employed leverage in the Trusts, through which additional exposure to the municipal market was achieved. Leverage has the impact of magnifying a Trust’s exposure to its leveraged investments in both up and down markets.

As we move ahead, we recognize that many state and local governments face significant budget deficits that are driven primarily by a steep decline in tax revenues. We will continue to monitor any new developments as state and local officials formulate solutions to address these fiscal problems. As in all environments, we maintain our long-term perspective on the markets against the backdrop of relatively short periods of market volatility. We will continue to actively manage the Trusts with the same income-focused, relative value approach we have always employed. We believe that this approach, which is based on credit research and decades of experience in the municipal market, has served municipal investors well over the long term.


¹		It is not possible to invest directly in an Index or a Lipper Classification. The Index’s total return does not reflect expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Index.

		Past performance is no guarantee of future results.

Eaton Vance Municipal Income Trusts as of November 30, 2009

MANAGEMENT’S DISCUSSION OF FUND PERFORMANCE

A Note Regarding The Use Of Leverage

The Trusts may employ leverage through the issuance of Auction Preferred Shares (APS) and the use of residual interest bond (RIB) financing.¹ Each Trust’s APS and RIB percentage leverage as of November 30, 2009, as applicable, is reflected on the Trust-specific pages following this letter. The leverage created by APS and RIB investments provides an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of the common shares).

During the period, certain of the Trusts redeemed a portion of their outstanding APS to reduce the amount of the Trusts’ financial leverage. Information relating to these redemptions is contained in Note 2 to the Financial Statements.


¹		See Note 1H to the Financial Statements for more information on RIB investments.

Trust shares are not insured by the FDIC and are not deposits or other obligations of, or guaranteed by, any depository institution. Shares are subject to investment risks, including possible loss of principal invested.

The views expressed throughout this report are those of the portfolio managers and are current only through the end of the period of the report as stated on the cover. These views are subject to change at any time based upon market or other conditions, and the investment adviser disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a fund are based on many factors, may not be relied on as an indication of trading intent on behalf of any Eaton Vance fund. Portfolio information provided in the report may not be representative of the Trusts’ current or future investments and may change due to active management.

Eaton Vance California Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	CEV

Average Annual Total Returns (by market price)
One Year		43.19	%
Five Years		1.32
Ten Years		6.90
Life of Trust (1/29/99)		4.10

Average Annual Total Returns (by net asset value)
One Year		34.24	%
Five Years		1.71
Ten Years		6.86
Life of Trust (1/29/99)		4.23

Premium/(Discount) to NAV (11/30/09)		-1.31	%

Market Yields

Market Yield²		7.12	%
Taxable-Equivalent Market Yield³		12.25

Index Performance⁴ (Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper California Municipal Debt Funds Classification (by net asset value)

One Year	24.58	%
Five Years	3.14
Ten Years	5.78

Past performance is no guarantee of future results. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Trust’s current performance may be lower or higher than the quoted return. For performance as of the most recent month end, please refer to www.eatonvance.com.

Portfolio Manager: Cynthia J. Clemson

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is AA-:


AAA			27.7%
AA			20.9%
A			32.5%
BBB			11.4%
Not Rated			7.5%

Trust Statistics⁷


• Number of Issues:		102
• Average Maturity:		21.9	years
• Average Effective Maturity:		15.1	years
• Average Call Protection:		7.5	years
• Average Dollar Price:	$	87.61
• APS Leverage^**:		31.7	%
• RIB Leverage^**:		12.0	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 41.86% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper California Municipal Debt Funds Classification (closed-end) contained 24, 24 and 14 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance Massachusetts Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	MMV

Average Annual Total Returns (by market price)
One Year		58.91	%
Five Years		0.62
Ten Years		7.58
Life of Trust (1/29/99)		4.71

Average Annual Total Returns (by net asset value)
One Year		43.29	%
Five Years		3.32
Ten Years		7.81
Life of Trust (1/29/99)		4.95

Premium/(Discount) to NAV (11/30/09)		-2.43	%

Market Yields

Market Yield²		6.83	%
Taxable-Equivalent Market Yield³		11.10

Index Performance⁴ (Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper Other States Municipal Debt Funds Classification (by net asset value)

One Year	25.98	%
Five Years	4.20
Ten Years	6.20

Portfolio Manager: Robert B. MacIntosh, CFA

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is A+:


AAA			10.2%
AA			37.8%
A			34.2%
BBB			10.5%
BB			1.2%
Not Rated			6.1%

Trust Statistics⁷


• Number of Issues:		62
• Average Maturity:		26.7	years
• Average Effective Maturity:		18.7	years
• Average Call Protection:		9.9	years
• Average Dollar Price:	$	95.03
• APS Leverage^**:		32.9	%
• RIB Leverage^**:		6.4	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 38.45% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper Other States Municipal Debt Funds Classification (closed-end) contained 43, 43 and 20 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance Michigan Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	EMI

Average Annual Total Returns (by market price)
One Year		56.49	%
Five Years		-1.67
Ten Years		6.82
Life of Trust (1/29/99)		3.54

Average Annual Total Returns (by net asset value)
One Year		28.08	%
Five Years		2.88
Ten Years		7.14
Life of Trust (1/29/99)		4.64

Premium/(Discount) to NAV (11/30/09)		-10.90	%

Market Yields

Market Yield²		7.45	%
Taxable-Equivalent Market Yield³		11.98

Index Performance⁴(Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper Michigan Municipal Debt Funds Classification (by net asset value)

One Year	22.07	%
Five Years	3.62
Ten Years	6.44

Portfolio Manager: William H. Ahern, Jr., CFA

Rating Distribution⁶

By total investments

Trust Statistics⁷


• Number of Issues:		70
• Average Maturity:		21.5	years
• Average Effective Maturity:		12.9	years
• Average Rating:		AA-
• Average Call Protection:		5.6	years
• Average Dollar Price:	$	94.97
• APS Leverage^*:		39.0	%


*		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and/or RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 37.83% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper Michigan Municipal Debt Funds Classification (closed-end) contained 4, 4 and 3 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance New Jersey Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	EVJ

Average Annual Total Returns (by market price)
One Year		77.84	%
Five Years		3.65
Ten Years		9.05
Life of Trust (1/29/99)		5.53

Average Annual Total Returns (by net asset value)
One Year		55.43	%
Five Years		3.95
Ten Years		7.87
Life of Trust (1/29/99)		5.20

Premium/(Discount) to NAV (11/30/09)		3.46	%

Market Yields

Market Yield²		6.75	%
Taxable-Equivalent Market Yield³		11.64

Index Performance⁴(Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper New Jersey Municipal Debt Funds Classification (by net asset value)

One Year	29.80	%
Five Years	3.99
Ten Years	6.18

Portfolio Manager: Robert B. MacIntosh, CFA

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is A+:


AAA			22.2%
AA			27.1%
A			27.9%
BBB			20.4%
BB			0.2%
B			1.2%
Not Rated			1.0%

Trust Statistics⁷


• Number of Issues:		80
• Average Maturity:		25.0	years
• Average Effective Maturity:		16.1	years
• Average Call Protection:		8.4	years
• Average Dollar Price:	$	92.15
• APS Leverage^**:		30.7	%
• RIB Leverage^**:		11.6	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 41.99% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper New Jersey Municipal Debt Funds Classification (closed-end) contained 10, 10 and 6 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance New York Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	EVY

Average Annual Total Returns (by market price)
One Year		80.12	%
Five Years		2.89
Ten Years		8.52
Life of Trust (1/29/99)		5.02

Average Annual Total Returns (by net asset value)
One Year		49.00	%
Five Years		2.29
Ten Years		7.35
Life of Trust (1/29/99)		4.81

Premium/(Discount) to NAV (11/30/09)		2.14	%

Market Yields

Market Yield²		6.67	%
Taxable-Equivalent Market Yield³		11.27

Index Performance⁴ (Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper New York Municipal Debt Funds Classification (by net asset value)

One Year	25.86	%
Five Years	3.46
Ten Years	6.15

Portfolio Manager: Craig R. Brandon, CFA

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is A:


AAA			13.1%
AA			32.4%
A			25.5%
BBB			13.5%
BB			4.7%
B			2.0%
CCC			1.0%
Not Rated			7.8%

Trust Statistics⁷


• Number of Issues:		86
• Average Maturity:		24.0	years
• Average Effective Maturity:		16.8	years
• Average Call Protection:		8.7	years
• Average Dollar Price:	$	92.44
• APS Leverage^**:		27.9	%
• RIB Leverage^**:		14.3	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 40.83% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper New York Municipal Debt Funds Classification (closed-end) contained 17, 17 and 8 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance Ohio Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	EVO

Average Annual Total Returns (by market price)
One Year		68.25	%
Five Years		1.09
Ten Years		7.99
Life of Trust (1/29/99)		4.91

Average Annual Total Returns (by net asset value)
One Year		38.58	%
Five Years		3.43
Ten Years		7.44
Life of Trust (1/29/99)		4.97

Premium/(Discount) to NAV (11/30/09)		-0.67	%

Market Yields

Market Yield²		6.63	%
Taxable-Equivalent Market Yield³		10.84

Index Performance⁴ (Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper Other States Municipal Debt Funds Classification (by net asset value)

One Year	25.98	%
Five Years	4.20
Ten Years	6.20

Portfolio Manager: William H. Ahern, Jr., CFA

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is AA-:


AAA			30.6%
AA			33.4%
A			18.5%
BBB			8.5%
B			1.8%
Not Rated			7.2%

Trust Statistics⁷


• Number of Issues:		77
• Average Maturity:		22.7	years
• Average Effective Maturity:		15.1	years
• Average Call Protection:		7.5	years
• Average Dollar Price:	$	93.95
• APS Leverage^**:		35.9	%
• RIB Leverage^**:		3.6	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. Floating Rate Notes in both calculations reflect the effect of RIBs purchased in secondary market transactions.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 38.85% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper Other States Municipal Debt Funds Classification (closed-end) contained 43, 43 and 20 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance Pennsylvania Municipal Income Trust as of November 30, 2009

PERFORMANCE INFORMATION AND PORTFOLIO COMPOSITION


Performance¹
NYSE Amex Symbol	EVP

Average Annual Total Returns (by market price)
One Year		45.88	%
Five Years		2.22
Ten Years		8.25
Life of Trust (1/29/99)		4.71

Average Annual Total Returns (by net asset value)
One Year		39.16	%
Five Years		3.62
Ten Years		7.48
Life of Trust (1/29/99)		4.96

Premium/(Discount) to NAV (11/30/09)		-2.48	%

Market Yields

Market Yield²		6.64	%
Taxable-Equivalent Market Yield³		10.54

Index Performance⁴(Average Annual Total Returns)


	Barclays Capital Municipal Bond Index			Barclays Capital Long (22+) Municipal Bond Index

One Year		14.17	%		22.43	%
Five Years		4.50			3.98
Ten Years		5.64			5.98

Lipper Averages⁵ (Average Annual Total Returns)


Lipper Pennsylvania Municipal Debt Funds Classification (by net asset value)

One Year	29.26	%
Five Years	3.49
Ten Years	6.00

Portfolio Manager: Adam A. Weigold, CFA

Rating Distribution*⁶

By total investments


^*		The rating distribution presented above includes the ratings of securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements. Absent such securities, the Trust’s rating distribution at 11/30/09 is as follows, and the average rating is A+:


AAA			16.3%
AA			35.0%
A			31.3%
BBB			5.8%
BB			0.8%
CCC			1.8%
CC			1.2%
Not Rated			7.8%

Trust Statistics⁷


• Number of Issues:		80
• Average Maturity:		22.2	years
• Average Effective Maturity:		16.5	years
• Average Call Protection:		7.8	years
• Average Dollar Price:	$	96.00
• APS Leverage^**:		35.4	%
• RIB Leverage^**:		4.0	%


**		APS leverage represents the liquidation value of the Trust’s Auction Preferred Shares (APS) outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes. RIB leverage represents the amount of Floating Rate Notes outstanding at 11/30/09 as a percentage of the Trust’s net assets applicable to common shares plus APS and Floating Rate Notes.

1		Returns are historical and are calculated by determining the percentage change in market price or net asset value (as applicable) with all distributions reinvested. The Trust’s performance at market price will differ from its results at NAV. Although market price performance generally reflects investment results over time, during shorter periods, returns at market price can also be affected by factors such as changing perceptions about the Trust, market conditions, fluctuations in supply and demand for the Trust’s shares, or changes in Trust distributions. Performance results reflect the effects of APS outstanding and RIB investments, which are forms of investment leverage. Use of leverage creates an opportunity for increased income but, at the same time, creates special risks (including the likelihood of greater volatility of net asset value and market price of common shares). ² The Trust’s market yield is calculated by dividing the last regular dividend per common share in the period (annualized) by the market price at the end of the period. ³ Taxable-equivalent figure assumes a maximum 37.00% combined federal and state income tax rate. A lower tax rate would result in a lower tax-equivalent figure. ⁴It is not possible to invest directly in an Index. The Indices’ total returns do not reflect the expenses that would have been incurred if an investor individually purchased or sold the securities represented in the Indices. Index performance is available as of month end only. ⁵The Lipper Averages are the average annual total returns, at net asset value, of the funds that are in the same Lipper Classification as the Trust. It is not possible to invest in a Lipper Classification. Lipper Classifications may include insured and uninsured funds, as well as leveraged and unleveraged funds. The Lipper Pennsylvania Municipal Debt Funds Classification (closed-end) contained 7, 7 and 5 funds for the 1-year, 5-year and 10-year time periods, respectively. Lipper Averages are available as of month end only. ⁶ Rating Distribution is determined by dividing the total market value of the issues by the total investments of the Trust. Although the investment adviser considers ratings when making investment decisions, it performs its own credit and investment analysis and does not rely primarily on the ratings assigned by the rating services. Credit quality can change from time to time, and recently issued credit ratings may not fully reflect the actual risks posed by a particular security or the issuer’s current financial condition. The rating assigned to a security by a rating agency does not necessarily reflect its assessment of the volatility of a security’s market value or of the liquidity of an investment in the security. ⁷ Trust holdings information excludes securities held by special purpose vehicles in which the Trust holds a residual interest. See Note 1H to the Trust’s financial statements.

Eaton Vance California Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 175.9%

Principal Amount
(000’s omitted)		Security	Value



Education — 16.0%

$	2,000	California Educational Facilities Authority, (Claremont McKenna College), 5.00%, 1/1/39	$	2,011,520
	2,770	California Educational Facilities Authority, (Lutheran University), 5.00%, 10/1/29		2,569,119
	500	California Educational Facilities Authority, (Pepperdine University), 5.00%, 11/1/29		503,800
	1,105	California Educational Facilities Authority, (Pomona College), 5.00%, 7/1/45		1,122,437
	1,350	California Educational Facilities Authority, (Santa Clara University), 5.00%, 9/1/23		1,454,544
	4,000	California Educational Facilities Authority, (Stanford University), 5.125%, 1/1/31⁽¹⁾		4,007,080
	2,500	San Diego County, (University of San Diego), 5.375%, 10/1/41		2,500,075


			$	14,168,575




Electric Utilities — 4.3%

$	270	Chula Vista, (San Diego Gas and Electric), 5.875%, 2/15/34	$	291,727
	2,275	Chula Vista, (San Diego Gas and Electric), (AMT), 5.00%, 12/1/27		2,153,515
	1,300	Vernon, Electric System Revenue, 5.125%, 8/1/21		1,357,148


			$	3,802,390




General Obligations — 11.6%

$	750	California, 6.00%, 4/1/38	$	765,503
	1,590	California, (AMT), 5.05%, 12/1/36		1,389,262
	4,770	San Francisco Bay Area Rapid Transit District, (Election of 2004), 4.75%, 8/1/37⁽²⁾		4,817,056
	3,180	Santa Clara County, (Election of 2008), 5.00%, 8/1/39⁽²⁾⁽³⁾		3,281,951


			$	10,253,772




Health Care-Miscellaneous — 0.3%

$	300	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	271,554


			$	271,554




Hospital — 30.4%

$	1,000	California Health Facilities Financing Authority, (Catholic Healthcare West), 5.625%, 7/1/32	$	1,009,710
	2,310	California Health Facilities Financing Authority, (Cedars-Sinai Medical Center), 5.00%, 8/15/39		2,085,630
	1,500	California Health Facilities Financing Authority, (Providence Health System), 6.50%, 10/1/38		1,668,060
	3,480	California Health Facilities Financing Authority, (Sutter Health), 5.25%, 11/15/46⁽²⁾		3,283,589
	750	California Infrastructure and Economic Development Bank, (Kaiser Hospital), 5.50%, 8/1/31		759,367
	3,000	California Statewide Communities Development Authority, (Huntington Memorial Hospital), 5.00%, 7/1/35		2,795,190
	1,150	California Statewide Communities Development Authority, (John Muir Health), 5.00%, 8/15/34		1,077,136
	1,750	California Statewide Communities Development Authority, (John Muir Health), 5.00%, 8/15/36		1,637,405
	1,565	California Statewide Communities Development Authority, (Kaiser Permanente), 5.50%, 11/1/32		1,562,903
	1,750	California Statewide Communities Development Authority, (Sonoma County Indian Health), 6.40%, 9/1/29		1,751,785
	1,500	California Statewide Communities Development Authority, (Sutter Health), 5.50%, 8/15/28		1,511,850
	1,200	Duarte, (Hope National Medical Center), 5.25%, 4/1/24		1,200,672
	410	Tahoe Forest Hospital District, 5.85%, 7/1/22		410,037
	1,900	Torrance Hospital, (Torrance Memorial Medical Center), 5.50%, 6/1/31		1,912,331
	1,250	Turlock, (Emanuel Medical Center, Inc.), 5.375%, 10/15/34		1,000,962
	1,000	Washington Health Care Facilities Authority, (Providence Health Care), 5.25%, 7/1/29		916,370
	2,780	Washington Township Health Care District, 5.00%, 7/1/32		2,419,851


			$	27,002,848




Housing — 2.7%

$	1,750	California Housing Finance Agency, (AMT), 4.75%, 8/1/42	$	1,390,147
	715	Commerce, (Hermitage III Senior Apartments), 6.50%, 12/1/29		633,278
	418	Commerce, (Hermitage III Senior Apartments), 6.85%, 12/1/29		366,185


			$	2,389,610




Industrial Development Revenue — 4.0%

$	800	California Pollution Control Financing Authority, (Browning-Ferris Industries, Inc.), (AMT), 6.875%, 11/1/27	$	800,600
	1,235	California Pollution Control Financing Authority, (Waste Management, Inc.), (AMT), 5.125%, 11/1/23		1,171,879
	2,000	California Statewide Communities Development Authority, (Anheuser-Busch Cos., Inc.), (AMT), 4.80%, 9/1/46		1,599,460


			$	3,571,939

See notes to financial statements

Eaton Vance California Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Education — 7.7%

$	495	California Educational Facilities Authority, (Pepperdine University), (AMBAC), 5.00%, 12/1/35	$	477,551
	3,270	California Educational Facilities Authority, (Pooled College and University), (NPFG), 5.10%, 4/1/23		3,316,009
	3,000	California State University, (AMBAC), 5.00%, 11/1/33		3,004,710


			$	6,798,270




Insured-Electric Utilities — 10.2%

$	2,500	California Pollution Control Financing Authority, (Pacific Gas and Electric), (NPFG), (AMT), 5.35%, 12/1/16	$	2,592,300
	3,250	California Pollution Control Financing Authority, (Southern California Edison Co.), (NPFG), (AMT), 5.55%, 9/1/31		3,169,563
	3,360	Los Angeles Department of Water and Power, (FSA), 4.625%, 7/1/37		3,262,963


			$	9,024,826




Insured-Escrowed / Prerefunded — 2.9%

$	5,130	Foothill/Eastern Transportation Corridor Agency, Toll Road Bonds, (FSA), (RADIAN), Escrowed to Maturity, 0.00%, 1/1/26	$	2,595,780


			$	2,595,780




Insured-General Obligations — 6.1%

$	7,000	Coast Community College District, (Election of 2002), (FSA), 0.00%, 8/1/34⁽³⁾	$	1,362,270
	4,825	Coast Community College District, (Election of 2002), (FSA), 0.00%, 8/1/35		872,842
	7,995	Sweetwater Union High School District, (Election of 2000), (FSA), 0.00%, 8/1/25		3,207,754


			$	5,442,866




Insured-Hospital — 17.1%

$	3,100	California Health Facilities Financing Authority, (Kaiser Permanente), (BHAC), 5.00%, 4/1/37	$	3,076,936
	2,900	California Statewide Communities Development Authority, (Children’s Hospital Los Angeles), (NPFG), 5.25%, 8/15/29		2,653,413
	750	California Statewide Communities Development Authority, (Kaiser Permanente), (BHAC), 5.00%, 3/1/41⁽²⁾		739,440
	5,000	California Statewide Communities Development Authority, (Sutter Health), (AMBAC), (BHAC), 5.00%, 11/15/38⁽²⁾		4,954,550
	3,735	California Statewide Communities Development Authority, (Sutter Health), (FSA), 5.75%, 8/15/27⁽²⁾		3,780,368


			$	15,204,707




Insured-Lease Revenue / Certificates of Participation — 11.3%

$	6,130	Anaheim Public Financing Authority, (Public Improvements), (FSA), 0.00%, 9/1/17	$	4,279,292
	2,000	Puerto Rico Public Finance Corp., (AMBAC), Escrowed to Maturity, 5.50%, 8/1/27		2,361,940
	3,500	San Diego County Water Authority, (FSA), 5.00%, 5/1/38⁽²⁾		3,396,540


			$	10,037,772




Insured-Other Revenue — 1.8%

$	1,770	Golden State Tobacco Securitization Corp., (AGC), (FGIC), 5.00%, 6/1/38	$	1,569,229


			$	1,569,229




Insured-Special Tax Revenue — 4.7%

$	24,800	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54	$	1,511,808
	4,225	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		535,434
	8,380	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		994,287
	5,270	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		582,177
	480	Sacramento Area Flood Control Agency, (BHAC), 5.50%, 10/1/28		534,255


			$	4,157,961




Insured-Transportation — 9.4%

$	5,000	Alameda Corridor Transportation Authority, (AMBAC), 0.00%, 10/1/29	$	1,306,900
	8,000	Alameda Corridor Transportation Authority, (NPFG), 0.00%, 10/1/31		1,845,840
	740	Puerto Rico Highway and Transportation Authority, (AGC), (CIFG), 5.25%, 7/1/41⁽²⁾		766,200
	10,000	San Joaquin Hills Transportation Corridor Agency, Toll Road Bonds, (NPFG), 0.00%, 1/15/32		1,755,600
	1,320	San Jose Airport, (AMBAC), (BHAC), (FSA), (AMT), 5.00%, 3/1/37		1,277,918
	1,350	San Jose Airport, (AMBAC), (BHAC), (FSA), (AMT), 6.00%, 3/1/47		1,417,433


			$	8,369,891

See notes to financial statements

Eaton Vance California Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Water and Sewer — 3.8%

$	4,400	Los Angeles Department of Water and Power, (NPFG), 3.00%, 7/1/30	$	3,373,744


			$	3,373,744




Other Revenue — 2.2%

$	385	California Infrastructure and Economic Development Bank, (Performing Arts Center of Los Angeles), 5.00%, 12/1/32	$	367,779
	580	California Infrastructure and Economic Development Bank, (Performing Arts Center of Los Angeles), 5.00%, 12/1/37		531,854
	980	Golden State Tobacco Securitization Corp., 0.00%, 6/1/37		594,096
	640	Golden State Tobacco Securitization Corp., 5.75%, 6/1/47		462,643


			$	1,956,372




Senior Living / Life Care — 1.5%

$	175	California Statewide Communities Development Authority, (Senior Living -Presbyterian Homes), 4.75%, 11/15/26	$	154,810
	700	California Statewide Communities Development Authority, (Senior Living - Presbyterian Homes), 4.875%, 11/15/36		572,166
	600	California Statewide Communities Development Authority, (Senior Living - Presbyterian Homes), 7.25%, 11/15/41		632,142


			$	1,359,118




Special Tax Revenue — 17.5%

$	1,000	Bonita Canyon Public Financing Authority, 5.375%, 9/1/28	$	912,280
	285	Brentwood Infrastructure Financing Authority, 5.00%, 9/2/26		224,039
	460	Brentwood Infrastructure Financing Authority, 5.00%, 9/2/34		332,598
	970	Corona Public Financing Authority, 5.80%, 9/1/20		917,222
	200	Eastern California Municipal Water District, Special Tax Revenue, District No. 2004-27 Cottonwood, 5.00%, 9/1/27		163,012
	500	Eastern California Municipal Water District, Special Tax Revenue, District No. 2004-27 Cottonwood, 5.00%, 9/1/36		374,455
	1,590	Fontana Redevelopment Agency, (Jurupa Hills), 5.60%, 10/1/27		1,607,474
	900	Lincoln Public Financing Authority, Improvement Bond Act of 1915, (Twelve Bridges), 6.20%, 9/2/25		900,927
	420	Moreno Valley Unified School District, (Community School District No. 2003-2), 5.75%, 9/1/24		386,240
	750	Moreno Valley Unified School District, (Community School District No. 2003-2), 5.90%, 9/1/29		677,137
	2,340	Oakland Joint Powers Financing Authority, 5.40%, 9/2/18		2,385,115
	960	Oakland Joint Powers Financing Authority, 5.50%, 9/2/24		976,906
	1,325	San Pablo Redevelopment Agency, 5.65%, 12/1/23		1,333,453
	1,095	Santa Margarita Water District, 6.20%, 9/1/20		1,116,506
	250	Santaluz Community Facilities District No. 2, 6.10%, 9/1/21		249,988
	500	Santaluz Community Facilities District No. 2, 6.20%, 9/1/30		487,420
	250	Temecula Unified School District, 5.00%, 9/1/27		221,898
	400	Temecula Unified School District, 5.00%, 9/1/37		329,476
	500	Turlock Public Financing Authority, 5.45%, 9/1/24		501,110
	500	Tustin Community Facilities District, 6.00%, 9/1/37		460,200
	1,000	Whittier Public Financing Authority, (Greenleaf Avenue Redevelopment), 5.50%, 11/1/23		960,500


			$	15,517,956




Transportation — 5.3%

$	2,000	Bay Area Toll Authority, Toll Bridge Revenue, (San Francisco Bay Area), 5.00%, 4/1/31	$	2,041,220
	1,500	Los Angeles Department of Airports, (Los Angeles International Airport), (AMT), 5.375%, 5/15/30		1,521,840
	1,170	Port of Redwood City, (AMT), 5.125%, 6/1/30		1,086,591


			$	4,649,651




Water and Sewer — 5.1%

$	1,840	California Department of Water Resources, 5.00%, 12/1/29	$	1,930,914
	2,500	Metropolitan Water District of Southern California, (Waterworks Revenue Authorization), 5.00%, 1/1/34		2,587,575


			$	4,518,489



Total Tax-Exempt Investments — 175.9%
(identified cost $161,701,966)			$	156,037,320



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (56.3)%			$	(49,976,817	)



Other Assets, Less Liabilities — (19.6)%			$	(17,340,220	)



Net Assets Applicable to Common Shares — 100.0%			$	88,720,283

See notes to financial statements

Eaton Vance California Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

BHAC - Berkshire Hathaway Assurance Corp.

CIFG - CIFG Assurance North America, Inc.

FGIC - Financial Guaranty Insurance Company.

FSA - Financial Security Assurance, Inc.

NPFG - National Public Finance Guaranty Corp.

RADIAN - Radian Group, Inc.

The Trust invests primarily in debt securities issued by California municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 42.7% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 0.5% to 16.3% of total investments.


(1)		Security (or a portion thereof) has been pledged to cover margin requirements on open financial futures contracts.

(2)		Security represents the underlying municipal bond of an inverse floater (see Note 1H).

(3)		Security (or a portion thereof) has been pledged as collateral for open swap contracts or inverse floating-rate security transactions. The aggregate value of such collateral is $1,286,171.

See notes to financial statements

Eaton Vance Massachusetts Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 163.4%

Principal Amount
(000’s omitted)		Security	Value



Education — 37.2%

$	2,440	Massachusetts Development Finance Agency, (Boston University), 5.45%, 5/15/59	$	2,472,330
	600	Massachusetts Development Finance Agency, (Middlesex School), 5.00%, 9/1/33		602,190
	1,000	Massachusetts Development Finance Agency, (New England Conservatory of Music), 5.25%, 7/1/38		910,680
	1,500	Massachusetts Development Finance Agency, (Wheeler School), 6.50%, 12/1/29		1,508,490
	1,500	Massachusetts Health and Educational Facilities Authority, (Berklee College of Music), 5.00%, 10/1/32		1,518,330
	1,990	Massachusetts Health and Educational Facilities Authority, (Boston College), 5.50%, 6/1/35		2,286,749
	1,500	Massachusetts Health and Educational Facilities Authority, (Harvard University), 5.00%, 10/1/38⁽¹⁾		1,576,785
	1,740	Massachusetts Health and Educational Facilities Authority, (Massachusetts Institute of Technology), 5.00%, 7/1/38		1,826,687
	1,000	Massachusetts Health and Educational Facilities Authority, (Tufts University), 5.375%, 8/15/38		1,066,480


			$	13,768,721




Electric Utilities — 7.2%

$	1,000	Massachusetts Development Finance Agency, (Devens Electric System), 6.00%, 12/1/30	$	1,023,020
	1,870	Massachusetts Development Finance Agency, (Dominion Energy Brayton Point), (AMT), 5.00%, 2/1/36		1,640,121


			$	2,663,141




Escrowed / Prerefunded — 4.6%

$	400	Massachusetts Development Finance Agency, (Western New England College), Prefunded to 12/1/12, 6.125%, 12/1/32	$	464,348
	235	Massachusetts Health and Educational Facilities Authority, (Healthcare System-Covenant Health), Prerefunded to 1/1/12, 6.00%, 7/1/31		263,195
	940	Massachusetts Health and Educational Facilities Authority, (Winchester Hospital), Prerefunded to 7/1/10, 6.75%, 7/1/30		984,425


			$	1,711,968




General Obligations — 2.2%

$	750	Newton, 5.00%, 4/1/36	$	795,607


			$	795,607



Health Care-Miscellaneous — 0.2%

$	100	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	90,518


			$	90,518




Hospital — 22.9%

$	1,000	Massachusetts Development Finance Agency, (Biomedical Research Corp.), 6.25%, 8/1/20	$	1,020,180
	1,000	Massachusetts Health and Educational Facilities Authority, (Baystate Medical Center, Inc.), 5.75%, 7/1/36		1,038,760
	400	Massachusetts Health and Educational Facilities Authority, (Berkshire Health System), 6.25%, 10/1/31		403,612
	105	Massachusetts Health and Educational Facilities Authority, (Central New England Health Systems), 6.30%, 8/1/18		105,050
	500	Massachusetts Health and Educational Facilities Authority, (Children’s Hospital), 5.25%, 12/1/39		502,315
	1,135	Massachusetts Health and Educational Facilities Authority, (Dana-Farber Cancer Institute), 5.00%, 12/1/37		1,126,544
	885	Massachusetts Health and Educational Facilities Authority, (Healthcare System-Covenant Health), 6.00%, 7/1/31		903,736
	755	Massachusetts Health and Educational Facilities Authority, (Jordan Hospital), 6.75%, 10/1/33		677,507
	2,000	Massachusetts Health and Educational Facilities Authority, (Partners Healthcare System), 5.00%, 7/1/32⁽¹⁾		2,014,980
	675	Massachusetts Health and Educational Facilities Authority, (South Shore Hospital), 5.75%, 7/1/29		675,972


			$	8,468,656




Housing — 14.2%

$	2,100	Massachusetts Housing Finance Agency, (AMT), 4.75%, 12/1/48	$	1,827,714
	1,000	Massachusetts Housing Finance Agency, (AMT), 4.85%, 6/1/40		911,260
	650	Massachusetts Housing Finance Agency, (AMT), 5.00%, 12/1/28		626,821
	2,000	Massachusetts Housing Finance Agency, (AMT), 5.10%, 12/1/37		1,872,840


			$	5,238,635




Industrial Development Revenue — 1.9%

$	695	Massachusetts Industrial Finance Agency, (American Hingham Water Co.), (AMT), 6.60%, 12/1/15	$	695,598


			$	695,598

See notes to financial statements

Eaton Vance Massachusetts Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Education — 11.4%

$	1,000	Massachusetts College Building Authority, (XLCA), 5.50%, 5/1/39	$	1,082,580
	1,365	Massachusetts Development Finance Agency, (College of the Holy Cross), (AMBAC), 5.25%, 9/1/32⁽¹⁾		1,528,550
	1,600	Massachusetts Development Finance Agency, (Franklin W. Olin College), (XLCA), 5.25%, 7/1/33		1,611,872


			$	4,223,002




Insured-Electric Utilities — 1.5%

$	570	Puerto Rico Electric Power Authority, (NPFG), 5.25%, 7/1/29	$	573,449


			$	573,449




Insured-General Obligations — 8.8%

$	1,000	Massachusetts, (AMBAC), 5.50%, 8/1/30	$	1,179,900
	2,255	Milford, (FSA), 4.25%, 12/15/46		2,091,828


			$	3,271,728




Insured-Other Revenue — 3.2%

$	1,225	Massachusetts Development Finance Agency, (WGBH Educational Foundation), (AMBAC), 5.75%, 1/1/42	$	1,200,328


			$	1,200,328




Insured-Special Tax Revenue — 14.7%

$	1,450	Martha’s Vineyard Land Bank, (AMBAC), 5.00%, 5/1/32	$	1,465,356
	1,000	Massachusetts, Special Obligation, Dedicated Tax Revenue, (FGIC), (NPFG), 5.50%, 1/1/29		1,134,050
	1,350	Massachusetts School Building Authority, Dedicated Sales Tax Revenue, (AMBAC), 5.00%, 8/15/37		1,399,248
	8,945	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54		545,287
	2,530	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		320,627
	3,015	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		357,730
	1,905	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		210,445


			$	5,432,743



Insured-Student Loan — 6.3%

$	600	Massachusetts Educational Financing Authority, (AGC), (AMT), 6.35%, 1/1/30⁽²⁾	$	626,922
	1,985	Massachusetts Educational Financing Authority, (AMBAC), (AMT), 4.70%, 1/1/33		1,687,071


			$	2,313,993




Insured-Transportation — 5.5%

$	410	Massachusetts Port Authority, (Bosfuel Project), (FGIC), (NPFG), (AMT), 5.00%, 7/1/32	$	386,179
	1,820	Massachusetts Port Authority, (Bosfuel Project), (FGIC), (NPFG), (AMT), 5.00%, 7/1/38		1,653,106


			$	2,039,285




Nursing Home — 2.7%

$	500	Boston Industrial Development Authority, (Alzheimer’s Center), (FHA), 6.00%, 2/1/37	$	500,240
	565	Massachusetts Health and Educational Facilities Authority, (Christopher House), 6.875%, 1/1/29		508,856


			$	1,009,096




Other Revenue — 1.4%

$	500	Massachusetts Health and Educational Facilities Authority, (Isabella Stewart Gardner Museum), 5.00%, 5/1/22	$	535,420


			$	535,420




Senior Living / Life Care — 5.3%

$	250	Massachusetts Development Finance Agency, (Berkshire Retirement Community, Inc.), 5.15%, 7/1/31	$	199,818
	1,500	Massachusetts Development Finance Agency, (Berkshire Retirement Community, Inc.), 5.625%, 7/1/29		1,307,745
	140	Massachusetts Development Finance Agency, (First Mortgage VOA Concord), 5.125%, 11/1/27		106,602
	475	Massachusetts Development Finance Agency, (First Mortgage VOA Concord), 5.20%, 11/1/41		329,165


			$	1,943,330




Special Tax Revenue — 6.5%

$	1,665	Massachusetts Bay Transportation Authority, Sales Tax Revenue, 0.00%, 7/1/31	$	540,559
	5,195	Massachusetts Bay Transportation Authority, Sales Tax Revenue, 0.00%, 7/1/34		1,384,623
	125	Virgin Islands Public Finance Authority, 5.00%, 10/1/39		112,510

See notes to financial statements

Eaton Vance Massachusetts Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value


Special Tax Revenue (continued)


$	335	Virgin Islands Public Finance Authority, 6.75%, 10/1/37	$	352,182


			$	2,389,874




Water and Sewer — 5.7%

$	250	Massachusetts Water Pollution Abatement Trust, 3.50%, 8/1/26	$	243,052
	215	Massachusetts Water Pollution Abatement Trust, 5.375%, 8/1/27		217,451
	2,000	Massachusetts Water Resources Authority, 4.00%, 8/1/46		1,649,680


			$	2,110,183



Total Tax-Exempt Investments — 163.4%
(identified cost $61,746,448)			$	60,475,275



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (54.2)%			$	(20,051,756	)



Other Assets, Less Liabilities — (9.2)%			$	(3,412,812	)



Net Assets Applicable to Common Shares — 100.0%			$	37,010,707

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

FGIC - Financial Guaranty Insurance Company

FHA - Federal Housing Administration

FSA - Financial Security Assurance, Inc.

NPFG - National Public Finance Guaranty Corp.

XLCA - XL Capital Assurance, Inc.

The Trust invests primarily in debt securities issued by Massachusetts municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 31.5% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 1.0% to 14.9% of total investments.


(1)		Security represents the underlying municipal bond of an inverse floater (see Note 1H).


(2)		Security (or a portion thereof) has been pledged as collateral for open swap contracts. The aggregate value of such collateral is $156,731.

See notes to financial statements

Eaton Vance Michigan Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 156.7%

Principal Amount
(000’s omitted)		Security	Value



Education — 5.8%

$	525	Grand Valley State University, 5.625%, 12/1/29	$	551,455
	525	Grand Valley State University, 5.75%, 12/1/34		543,632
	540	Michigan Higher Education Facilities Authority, (Hillsdale College), 5.00%, 3/1/35		501,946


			$	1,597,033




Electric Utilities — 0.2%

$	60	Michigan Strategic Fund, (Detroit Edison Pollution Control), 5.45%, 9/1/29	$	60,183


			$	60,183




Escrowed / Prerefunded — 18.9%

$	500	Kent Hospital Finance Authority, (Spectrum Health), Prerefunded to 7/15/11, 5.50%, 1/15/31	$	544,130
	560	Macomb County Hospital Finance Authority, (Mount Clemens General Hospital), Prerefunded to 11/15/13, 5.875%, 11/15/34		659,478
	1,250	Michigan Higher Education Facilities Authority, (Creative Studies), Prerefunded to 6/1/12, 5.90%, 12/1/27		1,401,612
	750	Michigan Hospital Finance Authority, (Sparrow Obligation Group), Prerefunded to 11/15/11, 5.625%, 11/15/36		829,973
	600	Puerto Rico Electric Power Authority, Prerefunded to 7/1/12, 5.25%, 7/1/31		675,156
	1,000	White Cloud Public Schools, Prerefunded to 5/1/11, 5.125%, 5/1/31		1,066,140


			$	5,176,489




General Obligations — 14.9%

$	500	East Grand Rapids Public School District, 5.00%, 5/1/25	$	523,255
	1,500	Kent County, 5.00%, 1/1/25		1,621,590
	750	Manistee Area Public Schools, 5.00%, 5/1/24		780,465
	270	Michigan, 5.50%, 11/1/25		291,395
	345	Puerto Rico Public Buildings Authority, (Commonwealth Guaranteed), 5.25%, 7/1/29		333,115
	500	Wayne Charter County, 6.75%, 11/1/39		518,840


			$	4,068,660




Health Care-Miscellaneous — 0.3%

$	100	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	90,518


			$	90,518



Hospital — 28.0%

$	500	Allegan Hospital Finance Authority, (Allegan General Hospital), 7.00%, 11/15/21	$	494,015
	185	Gaylord Hospital Finance Authority, (Otsego Memorial Hospital Association), 6.20%, 1/1/25		163,936
	125	Gaylord Hospital Finance Authority, (Otsego Memorial Hospital Association), 6.50%, 1/1/37		104,710
	275	Kent Hospital Finance Authority, (Spectrum Health), 5.50% to 1/15/15 (Put Date), 1/15/47		297,396
	500	Mecosta County, (Michigan General Hospital), 6.00%, 5/15/18		480,770
	1,000	Michigan Hospital Finance Authority, (Central Michigan Community Hospital), 6.25%, 10/1/27		999,980
	750	Michigan Hospital Finance Authority, (Henry Ford Health System), 5.00%, 11/15/38		633,120
	1,000	Michigan Hospital Finance Authority, (Henry Ford Health System), 5.25%, 11/15/46		855,920
	1,080	Michigan Hospital Finance Authority, (McLaren Healthcare), 5.00%, 8/1/35		985,392
	750	Michigan Hospital Finance Authority, (Memorial Healthcare Center), 5.875%, 11/15/21		754,027
	500	Michigan Hospital Finance Authority, (Mid Michigan Obligation Group), 6.125%, 6/1/39		526,290
	1,000	Michigan Hospital Finance Authority, (Trinity Health), 6.00%, 12/1/27		1,022,530
	425	Monroe County Hospital Finance Authority, (Mercy Memorial Hospital Corp.), 5.375%, 6/1/26		360,987


			$	7,679,073




Housing — 3.4%

$	1,000	Michigan Housing Development Authority, (Williams Pavilion), (AMT), 4.90%, 4/20/48	$	937,090


			$	937,090




Industrial Development Revenue — 5.7%

$	1,000	Detroit Local Development Finance Authority, (Chrysler Corp.), 5.375%, 5/1/21	$	351,730
	800	Dickinson County Economic Development Corp., (International Paper Co.), 5.75%, 6/1/16		798,880
	625	Puerto Rico Port Authority, (American Airlines, Inc.), (AMT), 6.25%, 6/1/26		396,500


			$	1,547,110




Insured-Education — 5.9%

$	570	Ferris State University, (AGC), 5.125%, 10/1/33	$	586,068
	500	Ferris State University, (AGC), 5.25%, 10/1/38		516,740
	500	Wayne State University, (FSA), 5.00%, 11/15/35		509,025


			$	1,611,833

See notes to financial statements

Eaton Vance Michigan Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Electric Utilities — 9.2%

$	1,000	Michigan Strategic Fund, (Detroit Edison Co.), (NPFG), (AMT), 5.55%, 9/1/29	$	991,620
	400	Michigan Strategic Fund, (Detroit Edison Co.), (XLCA), 5.25%, 12/15/32		395,248
	220	Puerto Rico Electric Power Authority, (FGIC), (NPFG), 5.25%, 7/1/30		221,093
	500	Puerto Rico Electric Power Authority, (FGIC), (NPFG), 5.25%, 7/1/34		482,580
	435	Puerto Rico Electric Power Authority, (NPFG), 5.25%, 7/1/29		437,632


			$	2,528,173




Insured-Escrowed / Prerefunded — 11.6%

$	1,000	Detroit Sewer Disposal, (FGIC), Prerefunded to 7/1/11, 5.125%, 7/1/31	$	1,071,400
	2,000	Novi Building Authority, (FSA), Prerefunded to 10/1/10, 5.50%, 10/1/25		2,107,680


			$	3,179,080




Insured-General Obligations — 9.0%

$	650	Detroit City School District, (FGIC), 4.75%, 5/1/28	$	609,713
	300	Detroit City School District, (FSA), 5.25%, 5/1/32		300,378
	200	Eaton Rapids Public Schools, (NPFG), 4.75%, 5/1/25		200,214
	100	Lincoln Consolidated School District, (FSA), 5.00%, 5/1/10		101,947
	1,250	Van Dyke Public Schools, (FSA), 5.00%, 5/1/38		1,249,950


			$	2,462,202




Insured-Hospital — 6.9%

$	985	Royal Oak Hospital Finance Authority, (William Beaumont Hospital), (NPFG), 5.25%, 11/15/35	$	874,227
	1,000	Saginaw Hospital Finance Authority, (Covenant Medical Center), (NPFG), 5.50%, 7/1/24		1,002,000


			$	1,876,227




Insured-Lease Revenue / Certificates of Participation — 5.5%

$	1,000	Michigan Building Authority, (FGIC), (FSA), 0.00%, 10/15/29	$	320,990
	4,300	Michigan Building Authority, (FGIC), (NPFG), 0.00%, 10/15/30		1,183,704


			$	1,504,694



Insured-Special Tax Revenue — 3.7%

$	5,160	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54	$	314,554
	2,030	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		257,262
	2,430	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		288,319
	1,470	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		162,391


			$	1,022,526




Insured-Student Loan — 7.0%

$	1,000	Michigan Higher Education Student Loan Authority, (AMBAC), (AMT), 5.00%, 3/1/31	$	902,900
	1,000	Michigan Higher Education Student Loan Authority, (AMBAC), (AMT), 5.50%, 6/1/25		1,001,060


			$	1,903,960




Insured-Transportation — 4.3%

$	1,000	Wayne Charter County Airport, (AGC), (AMT), 5.375%, 12/1/32	$	913,280
	300	Wayne Charter County Airport, (NPFG), (AMT), 5.00%, 12/1/28		272,583


			$	1,185,863




Insured-Water and Sewer — 9.5%

$	1,650	Detroit Water Supply System, (FGIC), (NPFG), 5.00%, 7/1/30	$	1,562,632
	1,000	Grand Rapids Water Supply System, (AGC), 5.10%, 1/1/39		1,024,800


			$	2,587,432




Lease Revenue / Certificates of Participation — 0.9%

$	250	Puerto Rico, (Guaynabo Municipal Government Center Lease), 5.625%, 7/1/22	$	250,163


			$	250,163




Other Revenue — 1.4%

$	500	Michigan Tobacco Settlement Finance Authority, 6.00%, 6/1/48	$	382,035


			$	382,035




Special Tax Revenue — 1.3%

$	115	Guam, Limited Obligation Bonds, 5.625%, 12/1/29	$	116,714
	125	Guam, Limited Obligation Bonds, 5.75%, 12/1/34		127,572

See notes to financial statements

Eaton Vance Michigan Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value


Special Tax Revenue (continued)


$	110	Virgin Islands Public Finance Authority, 6.75%, 10/1/37	$	115,642


			$	359,928




Water and Sewer — 3.3%

$	600	Michigan Municipal Bond Authority, (Clean Water Revenue), 5.00%, 10/1/29	$	637,326
	250	Michigan Municipal Bond Authority, (Clean Water Revenue), 5.25%, 10/1/11⁽¹⁾		270,643


			$	907,969



Total Tax-Exempt Investments — 156.7%
(identified cost $44,152,713)			$	42,918,241



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (63.9)%			$	(17,500,850	)



Other Assets, Less Liabilities — 7.2%			$	1,974,276



Net Assets Applicable to Common Shares — 100.0%			$	27,391,667

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

FGIC - Financial Guaranty Insurance Company

FSA - Financial Security Assurance, Inc.

NPFG - National Public Finance Guaranty Corp.

XLCA - XL Capital Assurance, Inc.

The Trust invests primarily in debt securities issued by Michigan municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 46.3% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 0.9% to 18.5% of total investments.


(1)		Security (or a portion thereof) has been pledged to cover margin requirements on open financial futures contracts.

See notes to financial statements

Eaton Vance New Jersey Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 168.5%

Principal Amount
(000’s omitted)		Security	Value



Education — 21.3%

$	250	New Jersey Educational Facilities Authority, (Georgian Court University), 5.00%, 7/1/27	$	244,273
	250	New Jersey Educational Facilities Authority, (Georgian Court University), 5.00%, 7/1/33		232,958
	220	New Jersey Educational Facilities Authority, (Georgian Court University), 5.25%, 7/1/37		207,761
	3,000	New Jersey Educational Facilities Authority, (Kean University), 5.50%, 9/1/36		3,130,890
	3,500	New Jersey Educational Facilities Authority, (Princeton University), 4.50%, 7/1/38⁽¹⁾		3,543,435
	1,650	New Jersey Educational Facilities Authority, (Stevens Institute of Technology), 5.00%, 7/1/27		1,690,210
	965	New Jersey Educational Facilities Authority, (University of Medicine and Dentistry), 7.50%, 12/1/32		1,086,571
	3,150	Rutgers State University, 5.00%, 5/1/39⁽¹⁾		3,262,392


			$	13,398,490




Electric Utilities — 2.3%

$	1,500	Salem County Pollution Control Financing Authority, (Public Service Enterprise Group, Inc.), (AMT), 5.75%, 4/1/31	$	1,479,915


			$	1,479,915




General Obligations — 2.1%

$	1,365	Puerto Rico Public Buildings Authority, (Commonwealth Guaranteed), 5.25%, 7/1/29	$	1,317,976


			$	1,317,976




Health Care-Miscellaneous — 0.4%

$	300	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	271,554


			$	271,554




Hospital — 24.3%

$	90	Camden County Improvement Authority, (Cooper Health System), 5.00%, 2/15/35	$	72,325
	100	Camden County Improvement Authority, (Cooper Health System), 5.25%, 2/15/27		89,733
	2,750	Camden County Improvement Authority, (Cooper Health System), 5.75%, 2/15/34		2,478,245
	2,515	New Jersey Health Care Facilities Financing Authority, (AHS Hospital Corp.), 5.00%, 7/1/27		2,530,593
	2,685	New Jersey Health Care Facilities Financing Authority, (Atlanticare Regional Medical Center), 5.00%, 7/1/37		2,599,026
	500	New Jersey Health Care Facilities Financing Authority, (Chilton Memorial Hospital), 5.75%, 7/1/39		478,105
	1,525	New Jersey Health Care Facilities Financing Authority, (Kennedy Health System), 5.625%, 7/1/31		1,532,594
	1,750	New Jersey Health Care Facilities Financing Authority, (Robert Wood Johnson University Hospital), 5.75%, 7/1/31		1,755,390
	2,810	New Jersey Health Care Facilities Financing Authority, (South Jersey Hospital), 5.00%, 7/1/46		2,601,105
	1,075	New Jersey Health Care Facilities Financing Authority, (Virtua Health), 5.75%, 7/1/33		1,109,303


			$	15,246,419




Housing — 4.6%

$	715	New Jersey Housing and Mortgage Finance Agency, (Single Family Housing), (AMT), 4.70%, 10/1/37	$	648,155
	2,340	New Jersey Housing and Mortgage Finance Agency, (Single Family Housing), (AMT), 5.00%, 10/1/37		2,258,053


			$	2,906,208




Industrial Development Revenue — 12.8%

$	500	Middlesex County Pollution Control Authority, (Amerada Hess), 5.75%, 9/15/32	$	500,475
	585	Middlesex County Pollution Control Authority, (Amerada Hess), 6.05%, 9/15/34		592,271
	1,235	New Jersey Economic Development Authority, (American Water Co.), (AMT), 5.70%, 10/1/39		1,207,694
	3,220	New Jersey Economic Development Authority, (Anheuser-Busch Cos., Inc.), (AMT), 4.95%, 3/1/47		2,679,813
	435	New Jersey Economic Development Authority, (Continental Airlines), (AMT), 6.25%, 9/15/29		362,177
	750	New Jersey Economic Development Authority, (Continental Airlines), (AMT), 9.00%, 6/1/33		779,610
	2,080	Virgin Islands Public Finance Authority, (HOVENSA LLC), (AMT), 4.70%, 7/1/22		1,891,386


			$	8,013,426




Insured-Education — 5.5%

$	3,365	New Jersey Educational Facilities Authority, (College of New Jersey), (FSA), 5.00%, 7/1/35⁽¹⁾	$	3,447,463


			$	3,447,463

See notes to financial statements

Eaton Vance New Jersey Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Electric Utilities — 2.0%

$	1,250	Vineland, (Electric Utility), (NPFG), (AMT), 5.25%, 5/15/26	$	1,250,837


			$	1,250,837




Insured-Gas Utilities — 8.2%

$	5,000	New Jersey Economic Development Authority, (New Jersey Natural Gas Co.), (FGIC), (NPFG), (AMT), 4.90% to 10/1/25 (Put Date), 10/1/40	$	5,137,500


			$	5,137,500




Insured-General Obligations — 2.9%

$	460	Egg Harbor Township School District, (FSA), 3.50%, 4/1/28	$	424,649
	1,240	Lakewood Township, (AGC), 5.75%, 11/1/31		1,393,487


			$	1,818,136




Insured-Hospital — 6.6%

$	750	New Jersey Health Care Facilities Financing Authority, (Hackensack University Medical Center), (AGC), 5.25%, 1/1/36⁽¹⁾	$	761,317
	1,495	New Jersey Health Care Facilities Financing Authority, (Meridian Health Center), Series II, (AGC), 5.00%, 7/1/38		1,468,150
	500	New Jersey Health Care Facilities Financing Authority, (Meridian Health Center), Series V, (AGC), 5.00%, 7/1/38⁽¹⁾		491,020
	1,380	New Jersey Health Care Facilities Financing Authority, (Virtua Health), (AGC), 5.50%, 7/1/38		1,419,275


			$	4,139,762




Insured-Housing — 5.2%

$	3,390	New Jersey Housing and Mortgage Finance Agency, (Multi-Family Housing), (FSA), (AMT), 5.05%, 5/1/34	$	3,283,554


			$	3,283,554




Insured-Industrial Development Revenue — 1.3%

$	885	New Jersey Economic Development Authority, (New Jersey American Water Co, Inc.), (FGIC), (NPFG), (AMT), 5.25%, 7/1/38	$	811,642


			$	811,642



Insured-Lease Revenue / Certificates of Participation — 4.4%

$	1,500	New Jersey Economic Development Authority, (School Facilities Construction), (AGC), 5.50%, 12/15/34	$	1,609,815
	1,000	New Jersey Economic Development Authority, (School Facilities Construction), (FGIC), (NPFG), 5.50%, 9/1/28		1,124,320


			$	2,734,135




Insured-Other Revenue — 1.7%

$	1,015	Hudson County Improvement Authority, (Harrison Parking), (AGC), 5.25%, 1/1/39	$	1,059,670


			$	1,059,670




Insured-Special Tax Revenue — 11.6%

$	6,000	Garden State Preservation Trust, (FSA), 0.00%, 11/1/25	$	2,880,060
	4,315	New Jersey Economic Development Authority, (Motor Vehicle Surcharges), (XLCA), 0.00%, 7/1/26		1,797,499
	2,020	New Jersey Economic Development Authority, (Motor Vehicle Surcharges), (XLCA), 0.00%, 7/1/27		790,042
	7,185	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54		437,998
	2,745	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		347,874
	5,445	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		646,049
	3,425	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		378,360


			$	7,277,882




Insured-Student Loan — 5.0%

$	2,970	New Jersey Higher Education Assistance Authority, (AGC), (AMT), 6.125%, 6/1/30⁽²⁾	$	3,127,677


			$	3,127,677




Insured-Transportation — 5.5%

$	2,520	New Jersey Transportation Trust Fund Authority, (Transportation System), (AMBAC), (BHAC), 0.00%, 12/15/26	$	1,064,549
	5,570	New Jersey Transportation Trust Fund Authority, (Transportation System), (BHAC), (FGIC), 0.00%, 12/15/31		1,635,408
	400	Port Authority of New York and New Jersey, (FGIC), (NPFG), (AMT), 5.00%, 8/1/36		391,892
	315	South Jersey Transportation Authority, (AGC), 5.50%, 11/1/33		339,447


			$	3,431,296

See notes to financial statements

Eaton Vance New Jersey Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Water and Sewer — 4.7%

$	3,090	New Jersey Economic Development Authority, (United Water New Jersey, Inc.), (AMBAC), (AMT), 4.875%, 11/1/25	$	2,956,234


			$	2,956,234




Lease Revenue / Certificates of Participation — 6.1%

$	1,500	New Jersey Economic Development Authority, (School Facilities Construction), 5.25%, 12/15/33	$	1,568,685
	2,250	New Jersey Health Care Facilities Financing Authority, (Contract Hospital Asset Transportation Program), 5.25%, 10/1/38		2,281,590


			$	3,850,275




Other Revenue — 7.5%

$	7,200	Children’s Trust Fund, PR, Tobacco Settlement, 0.00%, 5/15/50	$	258,984
	13,280	Children’s Trust Fund, PR, Tobacco Settlement, 0.00%, 5/15/55		243,821
	2,700	New Jersey Economic Development Authority, (Duke Farms Foundation), 5.00%, 7/1/48⁽¹⁾		2,784,132
	600	New Jersey Economic Development Authority, (Duke Farms Foundation), 5.00%, 7/1/48⁽¹⁾		618,696
	4,270	Tobacco Settlement Financing Corp., 0.00%, 6/1/41		215,379
	900	Tobacco Settlement Financing Corp., 5.00%, 6/1/41		590,283


			$	4,711,295




Senior Living / Life Care — 2.8%

$	465	New Jersey Economic Development Authority, (Cranes Mill, Inc.), 5.875%, 7/1/28	$	443,503
	770	New Jersey Economic Development Authority, (Cranes Mill, Inc.), 6.00%, 7/1/38		702,633
	815	New Jersey Economic Development Authority, (Seabrook Village), 5.25%, 11/15/36		619,995


			$	1,766,131




Solid Waste — 1.5%

$	985	Cumberland County Improvement Authority, (Solid Waste System), 5.00%, 1/1/30	$	966,600


			$	966,600




Special Tax Revenue — 1.2%

$	100	New Jersey Economic Development Authority, (Newark Downtown District Management Corp.), 5.125%, 6/15/27	$	88,795
	175	New Jersey Economic Development Authority, (Newark Downtown District Management Corp.), 5.125%, 6/15/37		142,992
	500	Virgin Islands Public Finance Authority, 6.75%, 10/1/37		525,645


			$	757,432




Student Loan — 0.9%

$	510	New Jersey Higher Education Assistance Authority, 5.625%, 6/1/30	$	534,271


			$	534,271




Transportation — 16.1%

$	250	New Jersey Transportation Trust Fund Authority, (Transportation System), 5.875%, 12/15/38	$	270,093
	815	New Jersey Transportation Trust Fund Authority, (Transportation System), 6.00%, 12/15/38		889,784
	3,600	New Jersey Turnpike Authority, 5.25%, 1/1/40		3,715,344
	980	Port Authority of New York and New Jersey, 4.50%, 11/1/33		961,654
	1,000	Port Authority of New York and New Jersey, 5.00%, 9/1/34		1,021,320
	1,995	Port Authority of New York and New Jersey, (AMT), 5.75%, 3/15/35⁽¹⁾		2,094,005
	1,175	South Jersey Port Authority, (Marine Terminal), 5.10%, 1/1/33		1,189,312


			$	10,141,512



Total Tax-Exempt Investments — 168.5%
(identified cost $107,012,592)			$	105,837,292



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (53.2)%			$	(33,426,215	)



Other Assets, Less Liabilities — (15.3)%			$	(9,618,585	)



Net Assets Applicable to Common Shares — 100.0%			$	62,792,492

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

BHAC - Berkshire Hathaway Assurance Corp.

FGIC - Financial Guaranty Insurance Company

See notes to financial statements

Eaton Vance New Jersey Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D

FSA - Financial Security Assurance, Inc.

NPFG - National Public Finance Guaranty Corp.

XLCA - XL Capital Assurance, Inc.

The Trust invests primarily in debt securities issued by New Jersey municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 38.2% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 2.4% to 11.0% of total investments.


(1)		Security represents the underlying municipal bond of an inverse floater (see Note 1H).

(2)		Security (or a portion thereof) has been pledged as collateral for open swap contracts. The aggregate value of such collateral is $315,927.

See notes to financial statements

Eaton Vance New York Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 164.7%

Principal Amount
(000’s omitted)		Security	Value



Cogeneration — 1.4%

$	1,150	Suffolk County Industrial Development Agency, (Nissequogue Cogeneration Partners Facility), (AMT), 5.50%, 1/1/23	$	952,292


			$	952,292




Education — 12.2%

$	315	Geneva Industrial Development Agency, (Hobart & William Smith Project), 5.375%, 2/1/33	$	317,482
	1,210	New York City Cultural Resource Trust, (The Juilliard School), 5.00%, 1/1/34		1,264,765
	325	New York City Cultural Resource Trust, (The Juilliard School), 5.00%, 1/1/39		337,490
	440	New York Dormitory Authority, (Brooklyn Law School), 5.75%, 7/1/33		451,713
	1,000	New York Dormitory Authority, (Columbia University), 5.00%, 7/1/38⁽¹⁾		1,055,290
	510	New York Dormitory Authority, (Cornell University), 5.00%, 7/1/34		535,944
	2,000	New York Dormitory Authority, (Cornell University), 5.00%, 7/1/39		2,079,460
	2,250	New York Dormitory Authority, (Rochester Institute of Technology), 6.00%, 7/1/33		2,466,247


			$	8,508,391




Electric Utilities — 5.2%

$	1,420	Long Island Power Authority, Electric System Revenue, 6.00%, 5/1/33	$	1,593,609
	2,100	Suffolk County Industrial Development Agency, (Keyspan-Port Jefferson), (AMT), 5.25%, 6/1/27		2,041,473


			$	3,635,082




General Obligations — 11.2%

$	6,000	New York City, 5.25%, 9/15/33⁽²⁾	$	6,134,880
	1,000	New York City, 6.25%, 10/15/28		1,165,020
	570	Puerto Rico Public Buildings Authority, (Commonwealth Guaranteed), 5.25%, 7/1/29		550,364


			$	7,850,264




Health Care-Miscellaneous — 6.4%

$	1,115	New York City Industrial Development Agency, (A Very Special Place, Inc.), 5.75%, 1/1/29	$	887,005
	1,200	New York City Industrial Development Agency, (Ohel Children’s Home), 6.25%, 8/15/22		918,444
	200	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37		181,036
	50	Suffolk County Industrial Development Agency, (Alliance of Long Island Agencies), Series A, Class H, 7.50%, 9/1/15		50,696
	100	Suffolk County Industrial Development Agency, (Alliance of Long Island Agencies), Series A, Class I, 7.50%, 9/1/15		101,393
	2,600	Westchester County Industrial Development Agency, (Children’s Village), 5.375%, 3/15/19		2,291,900


			$	4,430,474




Hospital — 28.8%

$	175	Chautauqua County Industrial Development Agency, (Women’s Christian Association), 6.35%, 11/15/17	$	170,371
	485	Chautauqua County Industrial Development Agency, (Women’s Christian Association), 6.40%, 11/15/29		421,484
	1,250	Fulton County Industrial Development Agency, (Nathan Littauer Hospital), 6.00%, 11/1/18		1,164,088
	2,500	Monroe County Industrial Development Agency, (Highland Hospital), 5.00%, 8/1/25		2,454,550
	400	Nassau County Industrial Development Agency, (North Shore Health System), 6.25%, 11/1/21		411,752
	1,500	New York Dormitory Authority, (Lenox Hill Hospital), 5.50%, 7/1/30		1,235,250
	4,000	New York Dormitory Authority, (Memorial Sloan-Kettering Cancer Center), 5.00%, 7/1/36⁽²⁾		4,016,440
	2,000	New York Dormitory Authority, (Methodist Hospital), 5.25%, 7/1/33		1,662,620
	900	New York Dormitory Authority, (Mount Sinai Hospital), 5.50%, 7/1/26		900,513
	845	New York Dormitory Authority, (North Shore Hospital), 5.00%, 11/1/34		797,857
	1,250	New York Dormitory Authority, (NYU Hospital Center), 5.625%, 7/1/37		1,211,650
	415	New York Dormitory Authority, (Orange Regional Medical Center), 6.125%, 12/1/29		382,070
	835	New York Dormitory Authority, (Orange Regional Medical Center), 6.25%, 12/1/37		740,937
	680	New York Dormitory Authority, (St. Luke’s Roosevelt Hospital), 4.90%, 8/15/31		658,920
	1,250	Oneida County Industrial Development Agency, (St. Elizabeth’s Medical Center), 5.75%, 12/1/19		1,143,138
	650	Saratoga County Industrial Development Agency, (Saratoga Hospital), 5.25%, 12/1/32		604,903
	2,105	Suffolk County Industrial Development Agency, (Huntington Hospital), 6.00%, 11/1/22		2,156,825


			$	20,133,368

See notes to financial statements

Eaton Vance New York Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Housing — 17.1%

$	1,500	New York City Housing Development Corp., MFMR, (AMT), 5.05%, 11/1/39	$	1,439,625
	2,620	New York City Housing Development Corp., MFMR, (AMT), 5.20%, 11/1/40		2,556,910
	1,000	New York Housing Finance Agency, 5.25%, 11/1/41		1,004,380
	2,625	New York Housing Finance Agency, (FNMA), (AMT), 5.40%, 11/15/42		2,665,635
	1,500	New York Mortgage Agency, (AMT), 4.875%, 10/1/30		1,441,080
	1,990	New York Mortgage Agency, (AMT), 4.90%, 10/1/37		1,847,417
	1,000	New York Mortgage Agency, (AMT), 5.125%, 10/1/37		974,610


			$	11,929,657




Industrial Development Revenue — 12.7%

$	1,000	Essex County Industrial Development Agency, (International Paper Company), (AMT), 6.625%, 9/1/32	$	1,009,440
	2,525	Liberty Development Corp., (Goldman Sachs Group, Inc.), 5.25%, 10/1/35⁽²⁾		2,494,619
	1,500	New York Industrial Development Agency, (American Airlines, Inc. - JFK International Airport), (AMT), 8.00%, 8/1/12		1,485,255
	440	Onondaga County Industrial Development Agency, (Anheuser-Busch Cos., Inc.), 4.875%, 7/1/41		394,460
	2,500	Onondaga County Industrial Development Agency, (Anheuser-Busch Cos., Inc.), (AMT), 6.25%, 12/1/34		2,500,700
	670	Onondaga County Industrial Development Agency, (Senior Air Cargo), (AMT), 6.125%, 1/1/32		539,571
	465	Port Authority of New York and New Jersey, (Continental Airlines), (AMT), 9.125%, 12/1/15		465,442


			$	8,889,487




Insured-Education — 6.1%

$	1,250	New York Dormitory Authority, (City University), (AMBAC), 5.50%, 7/1/35	$	1,209,950
	1,500	New York Dormitory Authority, (State University), (BHAC), 5.00%, 7/1/38		1,537,830
	5,365	Oneida County Industrial Development Agency, (Hamilton College), (NPFG), 0.00%, 7/1/33		1,519,046


			$	4,266,826



Insured-Electric Utilities — 2.2%

$	1,365	Long Island Power Authority, Electric System Revenue, (BHAC), 5.75%, 4/1/33	$	1,518,017


			$	1,518,017




Insured-General Obligations — 1.4%

$	910	New Rochelle City School District, (AGC), 4.00%, 11/15/21	$	938,993


			$	938,993




Insured-Lease Revenue / Certificates of Participation — 4.3%

$	3,600	Hudson Yards Infrastructure Corp., (NPFG), 4.50%, 2/15/47	$	2,990,412


			$	2,990,412




Insured-Other Revenue — 2.6%

$	2,645	New York City Industrial Development Agency, (Yankee Stadium), (AGC), 0.00%, 3/1/31	$	784,692
	3,625	New York City Industrial Development Agency, (Yankee Stadium), (AGC), 0.00%, 3/1/32		1,009,091


			$	1,793,783




Insured-Special Tax Revenue — 7.9%

$	1,000	New York Convention Center Development Corp., Hotel Occupancy Tax, (AMBAC), 4.75%, 11/15/45	$	904,630
	1,000	New York Convention Center Development Corp., Hotel Occupancy Tax, (AMBAC), 5.00%, 11/15/44		947,910
	4,440	Puerto Rico Infrastructure Financing Authority, (AMBAC), 0.00%, 7/1/34		748,851
	19,745	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54		1,203,655
	3,380	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		428,347
	6,705	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		795,548
	4,225	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		466,736


			$	5,495,677




Insured-Transportation — 5.8%

$	4,060	Niagara Frontier Airport Authority, (Buffalo Niagara International Airport), (NPFG), (AMT), 5.625%, 4/1/29	$	4,064,060


			$	4,064,060

See notes to financial statements

Eaton Vance New York Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Insured-Water and Sewer — 1.3%

$	1,000	Nassau County Industrial Development Agency, (Water Services Corp.), (AMBAC), (AMT), 5.00%, 12/1/35	$	908,180


			$	908,180




Lease Revenue / Certificates of Participation — 4.7%

$	2,345	New York City Transitional Finance Authority, (Building Aid), 4.50%, 1/15/38	$	2,229,978
	1,000	New York City Transitional Finance Authority, (Building Aid), 5.50%, 7/15/31		1,081,170


			$	3,311,148




Other Revenue — 1.4%

$	1,285	Albany Industrial Development Agency, Civic Facility, (Charitable Leadership), 5.75%, 7/1/26	$	1,004,150


			$	1,004,150




Senior Living / Life Care — 3.0%

$	1,450	Mount Vernon Industrial Development Agency, (Wartburg Senior Housing, Inc.), 6.20%, 6/1/29	$	1,310,510
	900	Suffolk County Industrial Development Agency, (Jefferson’s Ferry Project), 5.00%, 11/1/28		802,710


			$	2,113,220




Special Tax Revenue — 2.3%

$	1,000	New York Dormitory Authority, Personal Income Tax Revenue, (University & College Improvements), 5.25%, 3/15/38	$	1,043,250
	545	Virgin Islands Public Finance Authority, 6.75%, 10/1/37		572,953


			$	1,616,203




Transportation — 16.3%

$	1,685	Metropolitan Transportation Authority, 4.50%, 11/15/37	$	1,542,247
	3,120	Metropolitan Transportation Authority, 4.50%, 11/15/38		2,847,031
	1,900	Port Authority of New York and New Jersey, 5.00%, 11/15/37⁽²⁾		1,942,513
	1,190	Port Authority of New York and New Jersey, (AMT), 4.75%, 6/15/33		1,141,127
	990	Port Authority of New York and New Jersey, (AMT), 5.75%, 3/15/35⁽²⁾		1,039,130
	2,750	Triborough Bridge and Tunnel Authority, 5.25%, 11/15/34		2,900,617


			$	11,412,665




Water and Sewer — 10.4%

$	585	Dutchess County Water and Wastewater Authority, 0.00%, 10/1/34	$	153,135
	325	Dutchess County Water and Wastewater Authority, 0.00%, 10/1/35		79,398
	3,105	New York City Municipal Water Finance Authority, (Water and Sewer System), 5.75%, 6/15/40⁽²⁾		3,412,540
	2,535	New York Environmental Facilities Corp., Clean Water and Drinking Water, (Municipal Water Finance Authority), 5.00%, 6/15/37⁽²⁾		2,611,329
	1,000	Saratoga County Water Authority, 5.00%, 9/1/48		1,006,410


			$	7,262,812



Total Tax-Exempt Investments — 164.7%
(identified cost $117,759,739)			$	115,025,161



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (48.3)%			$	(33,726,635	)



Other Assets, Less Liabilities — (16.4)%			$	(11,441,827	)



Net Assets Applicable to Common Shares — 100.0%			$	69,856,699

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

BHAC - Berkshire Hathaway Assurance Corp.

FNMA - Federal National Mortgage Association

MFMR - Multi-Family Mortgage Revenue

NPFG - National Public Finance Guaranty Corp.

The Trust invests primarily in debt securities issued by New York municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 19.1% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 2.4% to 8.9% of total investments.


(1)		Security (or a portion thereof) has been pledged to cover margin requirements on open financial futures contracts.

(2)		Security represents the underlying municipal bond of an inverse floater (see Note 1H).

See notes to financial statements

Eaton Vance Ohio Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 154.1%

Principal Amount
(000’s omitted)		Security	Value



Cogeneration — 1.4%

$	385	Ohio Water Development Authority, Solid Waste Disposal, (Bay Shore Power), (AMT), 5.875%, 9/1/20	$	359,602
	200	Ohio Water Development Authority, Solid Waste Disposal, (Bay Shore Power), (AMT), 6.625%, 9/1/20		197,632


			$	557,234




Electric Utilities — 0.8%

$	310	Clyde, Electric System Revenue, (AMT), 6.00%, 11/15/14	$	311,017


			$	311,017




Escrowed / Prerefunded — 14.5%

$	1,000	Delaware County, Prerefunded to 12/1/10, 6.00%, 12/1/25	$	1,067,220
	1,000	Mahoning County, (Career and Technical Center), Prerefunded to 12/1/11, 6.25%, 12/1/36		1,104,640
	2,530	Puerto Rico Infrastructure Financing Authority, Prerefunded to 10/1/10, 5.50%, 10/1/32		2,666,671
	670	Richland County Hospital Facilities, (MedCentral Health Systems), Prerefunded to 11/15/10, 6.375%, 11/15/22		714,655


			$	5,553,186




General Obligations — 12.3%

$	1,000	Barberton City School District, 4.50%, 12/1/33	$	954,770
	1,090	Central Ohio Solid Waste Authority, 5.125%, 9/1/27		1,169,744
	500	Columbus, 5.00%, 7/1/23⁽¹⁾		532,820
	1,000	Columbus City School District, 5.00%, 12/1/29		1,059,760
	1,000	Maple Heights City School District, 5.00%, 1/15/37		981,010


			$	4,698,104




Health Care-Miscellaneous — 0.2%

$	100	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	90,518


			$	90,518




Hospital — 11.5%

$	1,245	Erie County Hospital Facilities, (Firelands Regional Medical Center), 5.625%, 8/15/32	$	1,127,410
	500	Miami County, (Upper Valley Medical Center), 5.25%, 5/15/26		502,705
	500	Montgomery County, (Catholic Health Initiatives), 5.50%, 5/1/34		517,055
	1,000	Ohio Higher Educational Facility Commission, (Cleveland Clinic Health System), 5.50%, 1/1/39		1,025,820
	1,000	Ohio Higher Educational Facility Commission, (University Hospitals Health System, Inc.), 4.75%, 1/15/46		878,550
	330	Richland County Hospital Facilities, (MedCentral Health Systems), 6.375%, 11/15/22		337,520


			$	4,389,060




Housing — 12.3%

$	1,000	Ohio Housing Finance Agency, (Residential Mortgage Backed Securities), (AMT), 4.625%, 9/1/27	$	952,740
	790	Ohio Housing Finance Agency, (Residential Mortgage Backed Securities), (AMT), 4.75%, 3/1/37		719,200
	600	Ohio Housing Finance Agency, (Residential Mortgage Backed Securities), (AMT), 5.00%, 9/1/31		583,668
	2,500	Ohio Housing Finance Agency, (Uptown Community Partners), (AMT), 5.25%, 4/20/48		2,450,900


			$	4,706,508




Industrial Development Revenue — 9.1%

$	1,385	Cleveland Airport, (Continental Airlines), (AMT), 5.375%, 9/15/27	$	1,028,127
	2,250	Ohio Water Development Authority, (Anheuser-Busch Cos., Inc.), (AMT), 6.00%, 8/1/38		2,249,775
	225	Ohio Water Development Authority, Solid Waste Disposal, (Allied Waste North America, Inc.), (AMT), 5.15%, 7/15/15		223,902


			$	3,501,804




Insured-Education — 9.6%

$	1,000	Kent State University, (AGC), 5.00%, 5/1/26	$	1,050,550
	730	Miami University, (AMBAC), 3.25%, 9/1/26		614,667
	1,500	University of Akron, Series A, (FSA), 5.00%, 1/1/38		1,520,850
	500	University of Akron, Series B, (FSA), 5.00%, 1/1/38		509,300


			$	3,695,367




Insured-Electric Utilities — 16.9%

$	1,000	American Municipal Power-Ohio, Inc., (Prairie State Energy Campus), (AGC), 5.75%, 2/15/39	$	1,051,630
	710	Cleveland Public Power System, (NPFG), 0.00%, 11/15/27		300,586

See notes to financial statements

Eaton Vance Ohio Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value


Insured-Electric Utilities (continued)


$	2,000	Cleveland Public Power System, (NPFG), 0.00%, 11/15/38	$	428,200
	830	Ohio Municipal Electric Generation Agency, (NPFG), 0.00%, 2/15/25		370,196
	3,000	Ohio Municipal Electric Generation Agency, (NPFG), 0.00%, 2/15/26		1,250,970
	2,195	Ohio Water Development Authority, (Dayton Power & Light), (FGIC), 4.80%, 1/1/34		2,106,519
	210	Puerto Rico Electric Power Authority, (FGIC), (NPFG), 5.25%, 7/1/30		211,044
	250	Puerto Rico Electric Power Authority, (FGIC), (NPFG), 5.25%, 7/1/34		241,290
	500	Puerto Rico Electric Power Authority, (NPFG), 5.25%, 7/1/26		517,960


			$	6,478,395




Insured-Escrowed / Prerefunded — 4.8%

$	245	Cuyahoga County Hospital, (Cleveland Clinic Health System), (NPFG), Escrowed to Maturity, 5.125%, 1/1/29	$	245,919
	1,000	Ohio Higher Educational Facilities, (University of Dayton), (AMBAC), Prerefunded to 12/1/10, 5.50%, 12/1/30		1,058,340
	500	University of Cincinnati, (FGIC), Prerefunded to 6/1/11, 5.25%, 6/1/24		540,200


			$	1,844,459




Insured-General Obligations — 16.3%

$	280	Bowling Green City School District, (FSA), 5.00%, 12/1/34	$	284,197
	200	Brookfield Local School District, (FSA), 5.00%, 1/15/30		208,390
	500	Buckeye Valley Local School District, (AGC), 5.00%, 12/1/36		503,605
	2,455	Canal Winchester Local School District, (NPFG), 0.00%, 12/1/30		811,304
	1,500	Madeira City School District, (FSA), 3.50%, 12/1/27		1,350,675
	1,750	Milford Exempt Village School District, (AGC), 5.25%, 12/1/36		1,820,000
	750	St. Mary’s School District, (FSA), 5.00%, 12/1/35		756,720
	500	Wadsworth City School District, (AGC), 5.00%, 12/1/37		505,915


			$	6,240,806




Insured-Hospital — 6.7%

$	590	Hamilton County, (Cincinnati Children’s Hospital), (FGIC), (NPFG), 5.00%, 5/15/32	$	560,223
	1,500	Hamilton County, (Cincinnati Children’s Hospital), (FGIC), (NPFG), 5.125%, 5/15/28		1,503,810
	485	Lorain County, (Catholic Healthcare Partners), (FSA), Variable Rate, 17.583%, 2/1/29^(2)(3)(4)		498,231


			$	2,562,264




Insured-Lease Revenue / Certificates of Participation — 1.3%

$	500	Summit County, (Civic Theater Project), (AMBAC), 5.00%, 12/1/33	$	495,855


			$	495,855




Insured-Special Tax Revenue — 3.8%

$	9,905	Puerto Rico Sales Tax Financing Corp., (AMBAC), 0.00%, 8/1/54	$	603,809
	1,690	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/44		214,174
	3,350	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/45		397,477
	2,100	Puerto Rico Sales Tax Financing Corp., (NPFG), 0.00%, 8/1/46		231,987


			$	1,447,447




Insured-Transportation — 7.2%

$	385	Cleveland Airport System, (FSA), 5.00%, 1/1/31	$	385,104
	1,000	Ohio Turnpike Commission, (FGIC), (NPFG), 5.50%, 2/15/24		1,175,610
	1,000	Ohio Turnpike Commission, (FGIC), (NPFG), 5.50%, 2/15/26		1,184,180


			$	2,744,894




Insured-Water and Sewer — 2.4%

$	250	Marysville Wastewater Treatment System, (AGC), (XLCA), 4.75%, 12/1/46	$	230,185
	750	Marysville Wastewater Treatment System, (AGC), (XLCA), 4.75%, 12/1/47		686,933


			$	917,118




Lease Revenue / Certificates of Participation — 1.4%

$	500	Franklin County Convention Facilities Authority, 5.00%, 12/1/27	$	540,530


			$	540,530

See notes to financial statements

Eaton Vance Ohio Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Other Revenue — 4.5%

$	7,345	Buckeye Tobacco Settlement Financing Authority, 0.00%, 6/1/47	$	305,625
	710	Buckeye Tobacco Settlement Financing Authority, 5.875%, 6/1/47		505,726
	1,000	Riversouth Authority, (Lazarus Building Redevelopment), 5.75%, 12/1/27		900,530


			$	1,711,881




Pooled Loans — 10.8%

$	550	Ohio Economic Development Commission, (Ohio Enterprise Bond Fund), (AMT), 4.85%, 6/1/25	$	557,683
	1,020	Ohio Economic Development Commission, (Ohio Enterprise Bond Fund), (AMT), 5.85%, 12/1/22		1,060,790
	1,245	Rickenbacher Port Authority, Oasbo Expanded Asset Pool Loan, 5.375%, 1/1/32⁽⁵⁾		1,301,855
	310	Summit County Port Authority, (Twinsburg Township), 5.125%, 5/15/25		255,239
	1,100	Toledo-Lucas County Port Authority, 5.40%, 5/15/19		953,128


			$	4,128,695




Special Tax Revenue — 6.3%

$	520	Cleveland-Cuyahoga County Port Authority, 7.00%, 12/1/18	$	528,850
	1,380	Cuyahoga County Economic Development, (Shaker Square), 6.75%, 12/1/30		1,429,735
	155	Guam, Limited Obligation Bonds, 5.625%, 12/1/29		157,310
	170	Guam, Limited Obligation Bonds, 5.75%, 12/1/34		173,499
	110	Virgin Islands Public Finance Authority, 6.75%, 10/1/37		115,642


			$	2,405,036



Total Tax-Exempt Investments — 154.1%
(identified cost $58,836,479)			$	59,020,178



Auction Preferred Shares Plus Cumulative
Unpaid Dividends — (59.3)%			$	(22,726,652	)



Other Assets, Less Liabilities — 5.2%			$	2,001,931



Net Assets Applicable to Common Shares — 100.0%			$	38,295,457

The percentage shown for each investment category in the Portfolio of Investments is based on net assets applicable to common shares.

AGC - Assured Guaranty Corp.

AMBAC - AMBAC Financial Group, Inc.

AMT - Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax.

FGIC - Financial Guaranty Insurance Company

FSA - Financial Security Assurance, Inc.

NPFG - National Public Finance Guaranty Corp.

XLCA - XL Capital Assurance, Inc.

The Trust invests primarily in debt securities issued by Ohio municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. In order to reduce the risk associated with such economic developments, at November 30, 2009, 44.8% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution ranged from 1.6% to 16.3% of total investments.


(1)		Security (or a portion thereof) has been pledged to cover margin requirements on open financial futures contracts.

(2)		Security is subject to a shortfall agreement which may require the Trust to pay amounts to a counterparty in the event of a significant decline in the market value of the security underlying the inverse floater. In case of a shortfall, the maximum potential amount of payments the Trust could ultimately be required to make under the agreement is $1,455,000. However, such shortfall payment would be reduced by the proceeds from the sale of the security underlying the inverse floater.

(3)		Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be sold in transactions exempt from registration, normally to qualified institutional buyers. At November 30, 2009, the aggregate value of the securities is $498,231 or 1.3% of the Trust’s net assets applicable to common shares.

(4)		Security has been issued as a leveraged inverse floater bond. The stated interest rate represents the rate in effect at November 30, 2009.

(5)		Security represents the underlying municipal bond of an inverse floater (see Note 1H).

See notes to financial statements

Eaton Vance Pennsylvania Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS


Tax-Exempt Investments — 160.7%

Principal Amount
(000’s omitted)		Security	Value



Bond Bank — 3.1%

$	1,000	Delaware Valley Regional Finance Authority, 5.75%, 7/1/32	$	1,124,130


			$	1,124,130




Cogeneration — 3.7%

$	160	Carbon County Industrial Development Authority, (Panther Creek Partners), (AMT), 6.65%, 5/1/10	$	161,334
	500	Pennsylvania Economic Development Financing Authority, (Northampton Generating), (AMT), 6.50%, 1/1/13		328,115
	500	Pennsylvania Economic Development Financing Authority, (Northampton Generating), (AMT), 6.60%, 1/1/19		324,955
	575	Pennsylvania Economic Development Financing Authority, (Resource Recovery-Colver), (AMT), 5.125%, 12/1/15		520,243


			$	1,334,647




Education — 5.9%

$	500	Bucks County Industrial Development Authority, (George School), 5.00%, 9/15/39	$	500,345
	1,200	Cumberland County Municipal Authority, (Dickinson College), 5.00%, 11/1/39		1,137,612
	500	Northampton County General Purpose Authority, (Lehigh University), 5.00%, 11/15/39		509,045


			$	2,147,002




Electric Utilities — 2.9%

$	435	Pennsylvania Economic Development Financing Authority, (Reliant Energy, Inc.), (AMT), 6.75%, 12/1/36	$	430,628
	600	York County Industrial Development Authority, (Public Service Enterprise Group, Inc.), 5.50%, 9/1/20		610,854


			$	1,041,482




Escrowed / Prerefunded — 1.9%

$	600	Bucks County Industrial Development Authority, (Pennswood), Prerefunded to 10/1/12, 6.00%, 10/1/27	$	688,680


			$	688,680



General Obligations — 7.3%

$	500	Chester County, 5.00%, 7/15/27⁽¹⁾	$	556,280
	1,000	Daniel Boone Area School District, 5.00%, 8/15/32		1,026,920
	1,000	Philadelphia School District, 6.00%, 9/1/38		1,078,920


			$	2,662,120




Health Care-Miscellaneous — 0.3%

$	100	Puerto Rico Infrastructure Financing Authority, (Mepsi Campus Project), 6.50%, 10/1/37	$	90,518


			$	90,518




Hospital — 19.5%

$	500	Allegheny County Hospital Development Authority, (University of Pittsburgh Medical Center), 5.50%, 8/15/34	$	495,950
	750	Dauphin County General Authority, (Pinnacle Health System), 6.00%, 6/1/29		783,105
	1,215	Lehigh County General Purpose Authority, (Lehigh Valley Health Network), 5.25%, 7/1/32		1,188,221
	750	Lycoming County Authority, (Susquehanna Health System), 5.75%, 7/1/39		721,133
	1,500	Monroe County Hospital Authority, (Pocono Medical Center), 5.25%, 1/1/43		1,385,325
	1,000	Pennsylvania Higher Educational Facilities Authority, (University of Pennsylvania Health System), 6.00%, 8/15/26⁽²⁾		1,120,015
	850	Pennsylvania Higher Educational Facilities Authority, (UPMC Health System), 6.00%, 1/15/31		876,605
	500	Washington County Hospital Authority, (Monongahela Hospital), 5.50%, 6/1/17		514,150


			$	7,084,504




Housing — 16.6%

$	515	Allegheny County Residential Finance Authority, SFMR, (AMT), 4.95%, 11/1/37	$	486,072
	1,170	Allegheny County Residential Finance Authority, SFMR, (AMT), 5.00%, 5/1/35		1,161,623
	935	Pennsylvania Housing Finance Agency, (AMT), 4.70%, 10/1/37		838,882
	1,200	Pennsylvania Housing Finance Agency, (AMT), 4.875%, 4/1/26		1,174,788
	500	Pennsylvania Housing Finance Agency, (AMT), 4.875%, 10/1/31		479,530
	1,000	Pennsylvania Housing Finance Agency, (AMT), 4.90%, 10/1/37		949,020
	970	Pennsylvania Housing Finance Agency, (AMT), 5.15%, 10/1/37		942,006


			$	6,031,921

See notes to financial statements

Eaton Vance Pennsylvania Municipal Income Trust as of November 30, 2009

PORTFOLIO OF INVESTMENTS CONT’D


Principal Amount
(000’s omitted)		Security	Value



Industrial Development Revenue — 11.4%

$	200	Luzerne County Industrial Development Authority, (Pennsylvania-American Water Co.), 5.50%, 12/1/39⁽³⁾	$	200,932
	750	Montgomery County Industrial Development Authority, (Aqua Pennsylvania, Inc.), (AMT), 5.25%, 7/1/42		705,292
	500	New Morgan Industrial Development Authority, (Browning-Ferris Industries, Inc.), (AMT), 6.50%, 4/1/19		500,010
	250	Pennsylvania Economic Development Financing Authority, (Pennsylvania-American Water Co.), 6.20%, 4/1/39		267,330
	1,000	Pennsylvania Economic Development Financing Authority, (Procter & Gamble Paper Products Co.), (AMT), 5.375%, 3/1/31		1,011,960
	500	Pennsylvania Economic Development Financing Authority, Solid Waste Disposal, (Waste Management, Inc.), (AMT), 5.10%, 10/1/27		455,680
	1,550