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

Posted by James Quigley on Feb 4th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) declared 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 annualized dividend 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 by an average of 0.3% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Stock Performance

ENX stock traded up $0.01 during mid-day trading on Tuesday, hitting $9.69. 72,250 shares of the company were exchanged, compared to its average volume of 38,443. The firm’s 50 day simple moving average is $9.60 and its 200 day simple moving average is $9.67. Eaton Vance New York Municipal Bond Fund has a 1-year low of $9.27 and a 1-year high of $10.14.

Insider Activity at Eaton Vance New York Municipal Bond Fund

In other news, major shareholder Saba Capital Management, L.P. bought 31,717 shares of the company’s stock in a transaction that occurred on Tuesday, December 17th. The shares were acquired at an average price of $9.70 per share, with a total value of $307,654.90. Following the transaction, the insider now owns 3,230,233 shares in the company, valued at $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 Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders have purchased 222,229 shares of company stock valued at $2,139,336.

About Eaton Vance New York Municipal Bond Fund

(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.