Eaton Vance New York Municipal Bond Fund (ENX) To Go Ex-Dividend on March 14th

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Investors of record on Friday, March 14th will be paid a dividend of 0.0417 per share on Monday, March 31st. This represents a $0.50 annualized dividend and a dividend yield of 5.13%. The ex-dividend date is Friday, March 14th.

Eaton Vance New York Municipal Bond Fund has increased its dividend payment by an average of 0.5% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Price Performance

Shares of NYSE ENX opened at $9.76 on Wednesday. The firm has a fifty day simple moving average of $9.75 and a 200 day simple moving average of $9.69. Eaton Vance New York Municipal Bond Fund has a twelve month low of $9.27 and a twelve month high of $10.14.

Insider Activity at Eaton Vance New York Municipal Bond Fund

In related news, major shareholder Saba Capital Management, L.P. bought 31,717 shares of the business’s stock in a transaction that occurred on Tuesday, December 17th. The shares were bought at an average price of $9.70 per share, with a total value of $307,654.90. Following the completion of the transaction, the insider now directly owns 3,230,233 shares in the company, valued at approximately $31,333,260.10. This represents a 0.99 % increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders bought 171,475 shares of company stock valued at $1,647,230 in the last three months.

About Eaton Vance New York Municipal Bond Fund

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.