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

by · The Markets Daily

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

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

Eaton Vance New York Municipal Bond Fund Price Performance

NYSE ENX traded down $0.03 during trading hours on Tuesday, hitting $9.91. 60,800 shares of the company were exchanged, compared to its average volume of 25,865. The company has a 50 day moving average of $9.71 and a two-hundred day moving average of $9.80. Eaton Vance New York Municipal Bond Fund has a 52-week low of $9.20 and a 52-week high of $10.14.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. bought 5,827 shares of the stock in a transaction that occurred on Monday, December 2nd. The stock was purchased at an average price of $9.87 per share, for a total transaction of $57,512.49. Following the completion of the purchase, the insider now owns 3,150,159 shares in the company, valued at approximately $31,092,069.33. This trade represents a 0.19 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders have bought 67,031 shares of company stock worth $647,341.

About Eaton Vance New York Municipal Bond Fund

(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.

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