Eaton Vance New York Municipal Bond Fund Declares Monthly Dividend of $0.04 (NYSE:ENX)

Posted by Editorial Team on Nov 19th, 2024

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a monthly dividend on Friday, November 1st,Wall Street Journal reports. Investors of record on Thursday, November 21st will be paid a dividend of 0.0417 per share on Friday, November 29th. This represents a $0.50 dividend on an annualized basis and a yield of 5.13%. The ex-dividend date is Thursday, November 21st.

Eaton Vance New York Municipal Bond Fund has decreased its dividend by an average of 10.6% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Stock Up 0.3 %

NYSE:ENX opened at $9.76 on Tuesday. The company has a 50 day moving average price of $9.63 and a 200-day moving average price of $9.82. Eaton Vance New York Municipal Bond Fund has a 1-year low of $8.78 and a 1-year high of $10.14.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. acquired 5,342 shares of Eaton Vance New York Municipal Bond Fund stock in a transaction that occurred on Tuesday, November 5th. The shares were purchased at an average cost of $9.61 per share, for a total transaction of $51,336.62. Following the acquisition, the insider now owns 3,062,772 shares in the company, valued at approximately $29,433,238.92. This represents a 0.17 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders have acquired a total of 58,278 shares of company stock valued at $561,300 in the last 90 days.

About Eaton Vance New York Municipal Bond Fund

(Get Free Report)

Eaton Vance New York Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education.