Evergreen Announces EAD has Repaid a Portion of Its Outstanding Borrowings BOSTON, Nov. 21
BOSTON, Nov. 21 /PRNewswire-FirstCall/ -- Evergreen Investments today
announced the dividend declaration for Evergreen Income Advantage Fund (Amex:
EAD), Evergreen Utilities and High Income Fund (Amex: ERH), Evergreen
International Balanced Income Fund (NYSE: EBI) and Evergreen Global Dividend
Opportunity Fund (NYSE: EOD).
Evergreen Income Advantage Fund is a closed-end high-yield bond fund. The
fund's investment objective is to seek a high level of current income. The
fund may, as a secondary objective, seek capital appreciation to the extent
consistent with its investment objective.
Evergreen Income Advantage Fund declared the following monthly dividend
from ordinary income:
Declaration Ex-dividend RecordPayable Dividend
date date date daterate/share
November December December January $0.1094 /
21, 2008 11, 2008 15, 2008 2, 2009 share
Also, Evergreen Investments today announced Evergreen Income Advantage
Fund (Amex: EAD) has repaid a portion of its borrowings secured April 30, 2008
from a multi-seller commercial paper conduit administered by a major financial
institution. EAD has repaid $90 million.
Evergreen Utilities and High Income Fund is a closed-end equity and
high-yield bond fund. The fund's primary investment objective is to seek a
high level of current income and moderate capital growth, with emphasis on
providing tax-advantaged dividend income.
Evergreen Utilities and High Income Fund declared the following monthly
dividend from ordinary income:
DeclarationEx-dividendRecordPayable Dividend
date date date date rate/share
November December December January $0.23 /
21, 2008 11, 2008 15, 2008 2, 2009 share
Evergreen International Balanced Income Fund is a closed-end fund
investing primarily in international stocks and bonds. The fund's investment
objective is to seek to provide a high level of income.
Evergreen International Balanced Income Fund declared the following
monthly dividend from ordinary income:
DeclarationEx-dividendRecordPayable Dividend
date date date date rate/share
November December December January $0.1458 /
21, 2008 11, 2008 15, 2008 2, 2009 share
Evergreen Global Dividend Opportunity Fund is a closed-end fund investing
primarily in a diversified portfolio of common stocks of U.S. and non-U.S.
companies. The fund's investment objective is to seek a high level of current
income. The Fund's secondary objective is long-term growth of capital.
Evergreen Global Dividend Opportunity Fund declared the following
quarterly dividend from ordinary income:
DeclarationEx-dividendRecordPayable Dividend
date date date date rate/share
November December December January $0.50 /
21, 2008 11, 2008 15, 2008 2, 2009 share
To make changes to your account, please contact your financial advisor,
brokerage firm, bank, or other nominee with whom your shares are registered.
If your shares are registered with the funds' transfer agent, Computershare,
please contact them directly at 800.730.6001 or visit www.computershare.com.
These closed-end funds are no longer offered as an initial public offering
and are only offered through broker/dealers on the secondary market.
About Evergreen Investments
Evergreen Investments is the brand name under which Wachovia Corporation
(NYSE: WB) conducts its investment management business. Wachovia Global Asset
Management is the brand name under which Evergreen Investments conducts sales
and distribution business outside of the United States. Evergreen serves more
than four million individual and institutional investors through a broad range
of investment products. Led by 300 investment professionals, Evergreen
strives to meet client investment objectives through disciplined, team-based
asset management. Evergreen manages more than $209 billion in assets (as of
September 30, 2008). Please visit EvergreenInvestments.com for more
information about Evergreen Investments.
Funds: NOT FDIC INSURED | NOT BANK GUARANTEED | MAY LOSE VALUE
SOURCE Evergreen Investments
