Short Interest in Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Decreases By 52.1%

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the target of a large decrease in short interest in July. As of July 31st, there was short interest totaling 35,227 shares, a decrease of 52.1% from the July 15th total of 73,534 shares. Based on an average daily trading volume, of 166,815 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Eaton Vance Municipal Bond Fund

Several large investors have recently made changes to their positions in the company. CWM LLC bought a new stake in Eaton Vance Municipal Bond Fund during the fourth quarter worth about $25,000. First Command Advisory Services Inc. bought a new position in shares of Eaton Vance Municipal Bond Fund in the fourth quarter valued at approximately $39,000. Elyxium Wealth LLC acquired a new position in shares of Eaton Vance Municipal Bond Fund in the 4th quarter worth approximately $43,000. Hollencrest Capital Management acquired a new position in shares of Eaton Vance Municipal Bond Fund in the 4th quarter worth approximately $49,000. Finally, Northwestern Mutual Wealth Management Co. bought a new stake in Eaton Vance Municipal Bond Fund during the 3rd quarter worth approximately $88,000.

Eaton Vance Municipal Bond Fund Price Performance

EIM stock remained flat at $9.73 during trading on Friday. The company had a trading volume of 178,094 shares, compared to its average volume of 141,598. The firm’s fifty day moving average is $9.78 and its two-hundred day moving average is $9.83. Eaton Vance Municipal Bond Fund has a twelve month low of $9.48 and a twelve month high of $10.54.

Eaton Vance Municipal Bond Fund Dividend Announcement

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 31st. Shareholders of record on Friday, August 14th will be issued a dividend of $0.0508 per share. The ex-dividend date of this dividend is Friday, August 14th. This represents a c) dividend on an annualized basis and a dividend yield of 6.3%.

Eaton Vance Municipal Bond Fund Company Profile

The Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from regular United States federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. It may also hold tender option bonds and other municipal derivatives to help manage duration and enhance yield.

Managed by Eaton Vance Management, a leading asset management firm with a history dating back to 1924, the fund leverages the firm’s experience in fixed-income investing.