Friday's front-page story about closed-end funds using alternative methods of leverage as they exit the auction-rate market included incorrect information. Eaton Vance Management plans to provide a $100 million secondary liquidity backstop for its first issue of new floating-rate product. In addition, the firm's municipal closed-end funds used only tender-option bonds to redeem $580 million of the total $1.6 billion in auction-preferred shares.


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