PNC does not charge a fee for Mobile Banking. However, third party message and data rates may apply. These include fees your wireless carrier may charge you for data usage and text messaging services. Check with your wireless carrier for details regarding your specific wireless plan and any data usage or text messaging charges that may apply. Also, a supported mobile device is needed to use the Mobile Banking App. Mobile Deposit is a feature of PNC Mobile Banking. Use of the Mobile Deposit feature requires a supported camera-equipped device and you must download a PNC mobile banking app. Eligible PNC Bank account and PNC Bank Online Banking required. Certain other restrictions apply. See the mobile banking terms and conditions in the Digital Services Agreement.
PFPC Inc., a member of The PNC Financial Services Group, Inc. (NYSE: PNC), announced today that the Eaton Vance Funds have renewed their existing agreement with PFPC to provide transfer agency services for retail mutual fund shareholders. Total assets serviced by PFPC for the Eaton Vance Funds are approximately $27 billion, representing over one and a quarter million open accounts.
"The decision by the Eaton Vance Funds to renew their agreement with PFPC is testimony to the value that clients place on PFPC's flexibility and willingness to personalize solutions to meet client needs," said Michael DeNofrio, executive vice president and senior managing director of PFPC's transfer agency. "Our flexible business model is enabled by the open, component-based technology of our Global Enterprise Platform(SM) (GEP), which is designed to accommodate personalized systems capabilities for clients."
PFPC has provided transfer agency services to the Eaton Vance Funds since 1987. Under the terms of the agreement renewal, PFPC also will continue to provide a variety of additional services including Internet access for shareholders and print mail services.
Eaton Vance occupies a position of leadership in the management of mutual funds for after-tax returns, having managed equity funds with an emphasis on after-tax returns since 1961. The firm offers tax-managed funds for domestic growth, international and value stock investing. In 1978, Eaton Vance introduced its first municipal bond fund for tax-free income.
Eaton Vance Corp.'s (NYSE: EV) affiliates act as the investment adviser or distributor of mutual funds and also manage investments for individual and institutional clients. "This agreement provides us the opportunity to harness PFPC's robust operations and support systems to enhance service to our customers," said Jeffrey P. Beale, vice president and chief administrative officer of Eaton Vance. "Working with PFPC, we also have established a stellar team that can focus on and be responsive to the needs of the marketplace, our broker/dealer partners and our shareholders."
Eaton Vance Corp. is a Boston-based investment management firm whose stock trades on the New York Stock Exchange under the symbol EV. Through its subsidiaries, Eaton Vance Corp. is an adviser and distributor of investment companies as well as other investment products for individual and institutional clients.
Providing a wide range of global fund services to the investment management industry, PFPC is the largest full-service mutual fund transfer agent and second largest provider of mutual fund accounting and administrative services in the United States. PFPC is also a leading provider of subaccounting and shareholder services, custody, securities lending, integrated banking transaction services, alternative investments services and advanced output solutions through print mail services. PFPC clients include some of the world's most successful financial services companies, including brokerage firms, pension and investment managers, insurance companies and banks. PFPC's affiliate, PFPC International Ltd., with offices in Dublin and County Wexford, Ireland and Luxembourg, has served the international funds community since 1993. For more information, please visit us at www.pfpc.com .
The PNC Financial Services Group, Inc., headquartered in Pittsburgh, is one of the nation's largest diversified financial services organizations, providing regional community banking; wholesale banking, including corporate banking, real estate finance and asset-based lending; wealth management; asset management and global fund services.
SOURCE: PFPC Inc.
CONTACT: Jeanette Harrison-Sullivan of PFPC Inc. +1-302-791-1400 or
+1-508-871-9863, or jean.harrison-sullivan@pfpc.com
Web site: http://www.pnc.com/
http://www.pfpc.com/
Company News On-Call: http://www.prnewswire.com/gh/cnoc/comp/701257.html
