BOSTON, Jan. 15 /PRNewswire-FirstCall/ -- Eaton Vance Corp. (NYSE: EV) today reported assets under management of $124.9 billion on December 31, 2008. This compares to $123.1 billion on October 31, 2008, the close of the Company's fiscal year. 


                                               Assets Under Management
                                                    (in billions)
                                          12/31/2008            10/31/2008
                                          ----------            ----------
    By client type:(1)
    Funds                                      $81.4                 $87.3
    Retail managed accounts                     16.4                  14.5
    Institutional separate accounts             15.6                  11.3
    High-net-worth separate accounts            11.5                  10.0
                                              ------                ------
      Total                                   $124.9                $123.1
                                              ======                ======

    By asset category:
    Equity(2)                                  $79.9                 $81.0
    Fixed (3)(4)                                32.3                  27.4
    Floating-rate                               12.7                  14.7
                                              ------                ------
      Total                                   $124.9                $123.1
                                              ======                ======

     (1) Includes $2.0 billion, $2.8 billion, and $2.0 billion of
         retail managed accounts, institutional separate accounts and
         high-net-worth separate accounts, respectively, acquired from
         M.D. Sass on 12/31/2008.
     (2) Includes balanced accounts
     (3) Includes cash management assets of $0.9 billion on 12/31/2008 and
         $1.1 billion on 10/31/2008.
     (4) Includes $6.8 billion of assets acquired from M.D. Sass on
         12/31/2008.

Eaton Vance Corp. regularly reports assets under management on a fiscal quarter-end basis (January, April, July and October). The Company also reports assets under management on a calendar quarter basis in order to assist industry consultants who advise institutional clients on investment manager selection.

Eaton Vance Corp., a Boston-based investment management firm, is traded on the New York Stock Exchange under the symbol EV.

SOURCE Eaton Vance Corp.