Eaton Vance New York Municipal Bond Fund (ENX) to Issue Monthly Dividend of $0.04 on November 29th

Posted by Teresa Graham on Nov 19th, 2024

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

Shares of ENX opened at $9.76 on Tuesday. The company’s fifty day moving average is $9.63 and its 200 day moving average is $9.82. Eaton Vance New York Municipal Bond Fund has a fifty-two week low of $8.78 and a fifty-two week high of $10.14.

Insider Buying and Selling

In other Eaton Vance New York Municipal Bond Fund news, major shareholder Saba Capital Management, L.P. purchased 21,191 shares of Eaton Vance New York Municipal Bond Fund stock in a transaction that occurred on Thursday, November 7th. The shares were bought at an average price of $9.56 per share, for a total transaction of $202,585.96. Following the completion of the transaction, the insider now owns 3,090,895 shares of the company’s stock, valued at approximately $29,548,956.20. This trade represents a 0.69 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Over the last 90 days, insiders have acquired 58,278 shares of company stock worth $561,300.

Eaton Vance New York Municipal Bond Fund Company Profile

(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.