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

Posted by James Conley on Dec 3rd, 2024

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% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Down 0.3 %

Shares of NYSE:ENX traded down $0.03 during midday trading on Tuesday, hitting $9.91. 60,800 shares of the company’s stock were exchanged, 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 has a 50 day moving average price of $9.71 and a 200-day moving average price of $9.80.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. acquired 21,191 shares of the stock in a transaction on Thursday, November 7th. The stock was acquired at an average cost of $9.56 per share, for a total transaction of $202,585.96. Following the completion of the acquisition, the insider now directly owns 3,090,895 shares of the company’s stock, valued at approximately $29,548,956.20. This represents a 0.69 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders purchased a total of 67,031 shares of company stock worth $647,341 in 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.