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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a monthly dividend on Tuesday, February 4th,Wall Street Journal reports. Investors of record on Friday, February 14th will be paid a dividend of 0.0417 per share on Friday, February 28th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.16%. The ex-dividend date of this dividend is Friday, February 14th.

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

Eaton Vance New York Municipal Bond Fund Trading Up 0.1 %

Shares of ENX stock traded up $0.01 on Tuesday, reaching $9.69. 72,250 shares of the stock were exchanged, compared to its average volume of 38,443. The stock has a 50 day moving average price of $9.60 and a 200 day moving average price of $9.67. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14.

Insiders Place Their Bets

In other Eaton Vance New York Municipal Bond Fund news, major shareholder Saba Capital Management, L.P. bought 2,926 shares of the company’s stock in a transaction on Tuesday, November 19th. The stock was bought at an average price of $9.75 per share, for a total transaction of $28,528.50. Following the transaction, the insider now owns 3,134,723 shares of the company’s stock, valued at approximately $30,563,549.25. The trade was a 0.09 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last three months, insiders bought 222,229 shares of company stock valued at $2,139,336.

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.