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

Posted by Jeff Wilder on Feb 4th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) declared a monthly dividend on Monday, February 3rd,Wall Street Journal reports. Stockholders of record on Friday, February 14th will be given a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 annualized dividend and a dividend yield of 5.16%. The ex-dividend date is Friday, February 14th.

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

Eaton Vance New York Municipal Bond Fund Trading Up 0.1 %

Eaton Vance New York Municipal Bond Fund stock traded up $0.01 during midday trading on Tuesday, reaching $9.69. The stock had a trading volume of 72,250 shares, compared to its average volume of 38,443. Eaton Vance New York Municipal Bond Fund has a 12 month low of $9.27 and a 12 month high of $10.14. The firm’s 50-day moving average price is $9.60 and its 200 day moving average price is $9.67.

Insider Activity

In related news, major shareholder Saba Capital Management, L.P. purchased 3,563 shares of the business’s stock in a transaction on Monday, November 11th. The stock was acquired at an average price of $9.65 per share, with a total value of $34,382.95. Following the purchase, the insider now directly owns 3,094,458 shares in the company, valued at approximately $29,861,519.70. This represents a 0.12 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Insiders have acquired a total of 222,229 shares of company stock valued at $2,139,336 over the last quarter.

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.