Eaton Vance Insured New York Municipal Bond Fund (AMEX:ENX) (the ?Fund?), a non-diversified closed-end investment company, today announced the earnings of the Fund for the three months and the year ended September 30, 2006. The Fund's fiscal year ends on September 30, 2006.

For the three months ended September 30, 2006, the Fund had net investment income of $4,002,751 ($0.255 per common share). From this amount, the Fund paid dividends on preferred shares of $1,125,965 (equal to $0.072 for each common share), resulting in net investment income after the preferred dividends of $2,876,786, or $0.183 per common share. For the year ended September 30, 2006, the Fund had net investment income of $15,860,387 ($1.010 per common share, before the deduction of the preferred share dividends of $4,204,905 ($0.268 per common share), resulting in net investment income after the preferred dividends of $11,655,482 or $0.742 per common share. In comparison, for the three months ended September 30, 2005, the Fund had net investment income of $3,899,724 ($0.248 per common share). From this amount, the Fund paid dividends on preferred shares of $792,735 (equal to $0.050 for each common share), resulting in net investment income after the preferred dividends of $3,106,989, or $0.198 per common share. For the year ended September 30, 2005, the Fund had net investment income of $15,736,294 ($1.002 per common share, before deduction of the preferred share dividends totaling $0.167 per common share), resulting in net investment income after the preferred dividends of $0.835 per common share.

Net realized and unrealized gains for the three months ended September 30, 2006 were $11,157,396 ($0.711 per common share). The Fund's net realized and unrealized gains for the year ended September 30, 2006 were $6,715,937 ($0.424 per common share). In comparison, net realized and unrealized gains for the three months ended September 30, 2005 were $4,756,431 ($0.294 per common share). The Fund's net realized and unrealized gains for the year ended September 30, 2005 were $5,335,458 ($0.349 per common share).

On September 30, 2006, net assets of the Fund applicable to common shares were $237,664,269. The net asset value per common share on September 30, 2006 was $15.14 based on 15,698,145 common shares outstanding. In comparison, on September 30, 2005, net assets of the Fund applicable to common shares were $231,160,585. The net asset value per common share on September 30, 2005 was $14.73 based on 15,698,145 common shares outstanding.

Common shares of the Fund are traded on the American Stock Exchange. The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp, which is listed on the New York Stock Exchange under the symbol EV. Eaton Vance and its affiliates had over $128.9 billion in assets under management on October 31, 2006. Eaton Vance Management will make available periodic summary information regarding portfolio investments. Those interested should call Eaton Vance at (617) 482-8260.

EATON VANCE INSURED NEW YORK MUNICIPAL BOND FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
 
Three Months Ended Year Ended
September 30,   September 30,
2006  2005  2006  2005 
Gross investment income $4,497  $4,427  $17,893  $17,733 
Operating expenses ($494) ($527) ($2,033) ($1,997)
Net investment income $4,003  $3,900  $15,860  $15,736 
Net realized and unrealized gains (losses) on investments
$11,157  ($4,757) $6,716  $5,335 
Preferred dividend paid from net investment income ($1,126) ($793) ($4,205) ($2,626)
Net increase (decrease) in net assets from operations
$14,034  ($1,650) $18,371  $18,445 
 
Earnings per Share Outstanding
Gross investment income $0.286  $0.282  $1.140  $1.130 
Operating expenses ($0.031) ($0.034) ($0.130) ($0.128)
Net investment income $0.255  $0.248  $1.010  $1.002 
Net realized and unrealized gains (losses)
on investments $0.711  ($0.294) $0.424  $0.349 
Preferred dividend paid from net investment income ($0.072) ($0.050) ($0.268) ($0.167)
Net increase (decrease) in net assets from operations
$0.894  ($0.096) $1.166  $1.184 
 
Net investment income $0.255  $0.248  $1.010  $1.002 
Preferred dividend paid from net investment income ($0.072) ($0.050) ($0.268) ($0.167)
Net investment income after preferred dividend $0.183  $0.198  $0.742  $0.835 
 
Net Asset Value at September 30, (Common Shares)
Net assets (000) $237,664  $231,161 
Shares outstanding (000) 15,698  15,698 
Net asset value per share outstanding $15.14  $14.73 
 
Market Value Summary (Common Shares)
Market price on AMEX at September 30 $14.65  $13.68 
High market price (year ended September 30) $14.76  $14.54 
Low market price (year ended September 30) $13.09  $13.11