Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Plans $0.05 Monthly Dividend

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Wednesday, July 1st. Stockholders of record on Wednesday, July 15th will be given a dividend of 0.0508 per share on Friday, July 31st. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Wednesday, July 15th.

Eaton Vance Municipal Bond Fund Price Performance

Shares of NYSEAMERICAN EIM traded up $0.02 during midday trading on Thursday, hitting $9.98. 1,838 shares of the company traded hands, compared to its average volume of 139,253. Eaton Vance Municipal Bond Fund has a 12-month low of $9.41 and a 12-month high of $10.54. The stock has a 50-day moving average price of $9.83 and a 200 day moving average price of $9.84.

About Eaton Vance Municipal Bond Fund

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.