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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) 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 Stock Performance

Shares of ENX stock traded down $0.03 on Tuesday, hitting $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 twelve month low of $9.20 and a twelve month high of $10.14. The company has a 50-day moving average price of $9.71 and a 200-day moving average price of $9.80.

Insider Buying and Selling at Eaton Vance New York Municipal Bond Fund

In other Eaton Vance New York Municipal Bond Fund news, major shareholder Saba Capital Management, L.P. bought 5,342 shares of the company’s stock in a transaction dated Tuesday, November 5th. The shares were purchased at an average cost of $9.61 per share, for a total transaction of $51,336.62. Following the transaction, the insider now directly owns 3,062,772 shares of the company’s stock, valued at approximately $29,433,238.92. The trade was a 0.17 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last ninety days, insiders purchased 67,031 shares of company stock valued at $647,341.

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.