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

Posted by Editorial Team on Feb 4th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Shareholders of record on Friday, February 14th will be given a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 dividend on an annualized basis and a yield of 5.16%. The ex-dividend date is Friday, February 14th.

Eaton Vance New York Municipal Bond Fund has decreased its dividend payment by an average of 0.3% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Stock Up 0.1 %

ENX traded up $0.01 on Tuesday, hitting $9.69. 72,250 shares of the company’s stock traded hands, compared to its average volume of 38,443. The company’s 50 day simple moving average is $9.60 and its 200-day simple moving average is $9.67. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14.

Insider Transactions at Eaton Vance New York Municipal Bond Fund

In other news, major shareholder Saba Capital Management, L.P. bought 3,602 shares of the firm’s stock in a transaction that occurred on Wednesday, December 4th. The shares were bought at an average cost of $9.94 per share, for a total transaction of $35,803.88. Following the completion of the transaction, the insider now owns 3,156,613 shares of the company’s stock, valued at approximately $31,376,733.22. This represents a 0.11 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last quarter, insiders have purchased 222,229 shares of company stock valued at $2,139,336.

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.