Eaton Vance Municipal Income Trust reported earnings results for the first quarter ended February 29, 2012. For the quarter, the trust had net investment income of $5,206,372 or $0.229 per common share. In comparison, for the three months ended February 28, 2011, the trust had net investment income of $5,910,988 or $0.261 per common share. Net realized and unrealized gains for the three months ended February 29, 2012 were $31,603,870 or $1.387 per common share. In comparison, net realized and unrealized losses for the three months ended February 28, 2011 were $22,926,863 or $1.012 per common share. On February 29, 2012, net assets of the trust applicable to common shares were $275,319,316. The net asset value per common share on February 29, 2012 was $12.08 based on 22,787,287 common shares outstanding. In comparison, on February 28, 2011, net assets of the trust applicable to common shares were $228,406,788. The net asset value per common share on February 28, 2011 was $10.07 based on 22,673,357 common shares outstanding. Net increase in net assets from operations was $36,757,000 against Net decreased in net assets from operations of $17,143,000 a year ago.