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

Posted by James Nelson on Dec 3rd, 2024

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be paid 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% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Down 0.3 %

NYSE:ENX traded down $0.03 during midday trading on Tuesday, reaching $9.91. The company had a trading volume of 60,800 shares, compared to its average volume of 25,865. Eaton Vance New York Municipal Bond Fund has a 12-month low of $9.20 and a 12-month high of $10.14. The stock’s fifty day simple moving average is $9.71 and its 200-day simple moving average is $9.80.

Insider Activity at Eaton Vance New York Municipal Bond Fund

In other news, major shareholder Saba Capital Management, L.P. purchased 5,827 shares of the company’s stock in a transaction on Monday, December 2nd. The shares were bought 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 of the company’s stock, valued at $31,092,069.33. This trade represents a 0.19 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders purchased 67,031 shares of company stock worth $647,341.

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.