Eaton Vance Municipal Income Trust reported earnings results for the second quarter and six months ended May 31, 2014. For the quarter, the company's net investment income was $5,391,000 or $0.229 per common share against $5,056,000 or $0.221 per common share a year ago. Net realized and unrealized gains on investments were $22,011,000 or $0.941 per common share against net realized and unrealized losses on investments of $12,705,000 or $0.558 per common share a year ago. Preferred dividends paid from net investment income were $39,000 or $0.002 per common share against $76,000 or $0.004 per common share a year ago. Net increase in net assets from operations was $27,363,000 or $1.168 per common share against net decrease in net assets from operations of $7,725,000 or $0.340 per common share a year ago.

For the six months, the company's net investment income was $10,556,000 or $0.450 per common share against $10,090,000 or $0.442 per common share a year ago. Net realized and unrealized gains on investments were $39,720,000 or $1.698 per common share against net realized and unrealized losses on investments of $17,671,000 or $0.776 per common share a year ago. Preferred dividends paid from net investment income were $66,000 or $0.003 per common share against $132,000 or $0.006 per common share a year ago. Net increase in net assets from operations was $50,210,000 or $2.145 per common share against net decrease in net assets from operations of $7,713,000 or $0.340 per common share a year ago. On May 31, 2014, net assets of the Trust applicable to common shares were $289,199,225. The net asset value per common share on May 31, 2014 was $12.24 based on 23,630,826 common shares outstanding. In comparison, on May 31, 2013, net assets of the Trust applicable to common shares were $286,444,388. The net asset value per common share on May 31, 2013 was $12.55 based on 22,815,671 common shares outstanding.