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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a monthly 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. This represents a $0.50 dividend on an annualized basis and a yield of 5.28%. The ex-dividend date is Wednesday, January 15th.

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

Eaton Vance New York Municipal Bond Fund Stock Performance

Shares of NYSE:ENX opened at $9.47 on Monday. Eaton Vance New York Municipal Bond Fund has a 52-week low of $9.27 and a 52-week high of $10.14. The stock has a 50-day moving average price of $9.66.

Insider Buying and Selling

In other Eaton Vance New York Municipal Bond Fund news, major shareholder Saba Capital Management, L.P. bought 21,191 shares of Eaton Vance New York Municipal Bond Fund stock in a transaction on Thursday, November 7th. The stock was acquired at an average cost of $9.56 per share, with a total value of $202,585.96. Following the completion of the acquisition, the insider now owns 3,090,895 shares in the company, valued at approximately $29,548,956.20. This represents a 0.69 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last quarter, insiders have acquired 215,779 shares of company stock valued at $2,078,739.

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.