Eaton Vance California Municipal Bond Fund Announces Monthly Dividend of $0.03 (NYSEAMERICAN:EVM)

Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVMGet Free Report) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Investors of record on Wednesday, November 22nd will be paid a dividend of 0.0292 per share by the investment management company on Thursday, November 30th. This represents a $0.35 annualized dividend and a dividend yield of 4.03%. The ex-dividend date of this dividend is Tuesday, November 21st.

Eaton Vance California Municipal Bond Fund Trading Up 0.7 %

Shares of NYSEAMERICAN EVM opened at $8.69 on Monday. Eaton Vance California Municipal Bond Fund has a 52 week low of $7.67 and a 52 week high of $9.36.

Insider Activity at Eaton Vance California Municipal Bond Fund

In related news, major shareholder Saba Capital Management, L.P. acquired 19,184 shares of Eaton Vance California Municipal Bond Fund stock in a transaction that occurred on Tuesday, October 3rd. The stock was purchased at an average price of $8.06 per share, for a total transaction of $154,623.04. Following the completion of the purchase, the insider now directly owns 2,492,048 shares of the company’s stock, valued at $20,085,906.88. The purchase was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders purchased 184,704 shares of company stock worth $1,484,636 over the last 90 days.

Hedge Funds Weigh In On Eaton Vance California Municipal Bond Fund

Several hedge funds have recently added to or reduced their stakes in the business. Rivernorth Capital Management LLC grew its holdings in shares of Eaton Vance California Municipal Bond Fund by 18.4% during the second quarter. Rivernorth Capital Management LLC now owns 58,681 shares of the investment management company’s stock worth $522,000 after buying an additional 9,113 shares in the last quarter. Stifel Financial Corp grew its holdings in Eaton Vance California Municipal Bond Fund by 30.8% in the second quarter. Stifel Financial Corp now owns 125,501 shares of the investment management company’s stock valued at $1,117,000 after purchasing an additional 29,525 shares during the period. Baird Financial Group Inc. grew its holdings in Eaton Vance California Municipal Bond Fund by 10.8% in the second quarter. Baird Financial Group Inc. now owns 37,664 shares of the investment management company’s stock valued at $335,000 after purchasing an additional 3,656 shares during the period. Ameriprise Financial Inc. grew its holdings in Eaton Vance California Municipal Bond Fund by 21.9% in the first quarter. Ameriprise Financial Inc. now owns 55,247 shares of the investment management company’s stock valued at $498,000 after purchasing an additional 9,910 shares during the period. Finally, Susquehanna International Group LLP purchased a new stake in Eaton Vance California Municipal Bond Fund in the first quarter valued at approximately $146,000.

Eaton Vance California Municipal Bond Fund Company Profile

(Get Free Report)

Eaton Vance California 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.

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Dividend History for Eaton Vance California Municipal Bond Fund (NYSEAMERICAN:EVM)

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