Eaton Vance New York Municipal Bond Fund (ENX) to Issue Dividend of $0.04 on January 31st

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0417 per share on Friday, January 31st. The ex-dividend date is Wednesday, January 15th.

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

Eaton Vance New York Municipal Bond Fund Price Performance

Eaton Vance New York Municipal Bond Fund stock opened at $9.76 on Friday. Eaton Vance New York Municipal Bond Fund has a fifty-two week low of $9.27 and a fifty-two week high of $10.14. The firm’s 50 day simple moving average is $9.72 and its 200-day simple moving average is $9.73.

Insiders Place Their Bets

In other Eaton Vance New York Municipal Bond Fund news, major shareholder Saba Capital Management, L.P. acquired 21,191 shares of Eaton Vance New York Municipal Bond Fund stock in a transaction that occurred on Thursday, November 7th. The stock was purchased at an average cost of $9.56 per share, with a total value of $202,585.96. Following the purchase, the insider now owns 3,090,895 shares in the company, valued at approximately $29,548,956.20. The trade was a 0.69 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last three months, insiders have bought 191,934 shares of company stock worth $1,851,019.

Eaton Vance New York Municipal Bond Fund Company Profile

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.