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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Stockholders of record on Monday, December 23rd will be given a dividend of 0.0417 per share on Tuesday, December 31st. The ex-dividend date is Monday, December 23rd.

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 Price Performance

ENX stock opened at $9.53 on Friday. The company’s fifty day moving average price is $9.84 and its 200-day moving average price is $9.79. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. acquired 21,191 shares of the firm’s stock in a transaction dated Thursday, November 7th. The shares were acquired at an average cost of $9.56 per share, with a total value of $202,585.96. Following the acquisition, the insider now directly owns 3,090,895 shares of the company’s stock, 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 filing with the SEC, which is available through this link. Insiders have purchased a total of 129,501 shares of company stock worth $1,260,410 in the last 90 days.

About Eaton Vance New York Municipal Bond Fund

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.