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

Eaton Vance New York Municipal Bond Fund (NYSE:ENXGet Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be paid a dividend of 0.0417 per share on Wednesday, April 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend is Tuesday, April 15th.

Eaton Vance New York Municipal Bond Fund has increased its dividend by an average of 0.5% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Down 0.8 %

Shares of Eaton Vance New York Municipal Bond Fund stock opened at $9.52 on Friday. The firm’s 50-day simple moving average is $9.70 and its 200-day simple moving average is $9.66. Eaton Vance New York Municipal Bond Fund has a twelve month low of $9.27 and a twelve month high of $10.14.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. bought 23,845 shares of the stock in a transaction dated Tuesday, January 7th. The shares were acquired at an average price of $9.55 per share, with a total value of $227,719.75. Following the acquisition, the insider now owns 3,335,613 shares in the company, valued at $31,855,104.15. This trade represents a 0.72 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders have purchased 137,173 shares of company stock worth $1,323,933.

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.

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Dividend History for Eaton Vance New York Municipal Bond Fund (NYSE:ENX)

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