Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Declares $0.03 Monthly Dividend

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a monthly dividend on Wednesday, November 1st, NASDAQ reports. Investors of record on Wednesday, November 22nd will be given a dividend of 0.0297 per share on Thursday, November 30th. This represents a $0.36 annualized dividend and a dividend yield of 4.01%. The ex-dividend date of this dividend is Tuesday, November 21st.

Eaton Vance New York Municipal Bond Fund Stock Performance

NYSE ENX opened at $8.88 on Monday. Eaton Vance New York Municipal Bond Fund has a twelve month low of $7.84 and a twelve month high of $9.98. The firm’s fifty day moving average price is $8.29.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. bought 18,572 shares of the business’s stock in a transaction on Tuesday, October 3rd. The shares were purchased at an average cost of $8.23 per share, with a total value of $152,847.56. Following the acquisition, the insider now owns 2,519,888 shares of the company’s stock, valued at $20,738,678.24. The purchase was disclosed in a filing with the SEC, which is available through this link. In the last three months, insiders have purchased 470,238 shares of company stock valued at $3,883,293.

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.