Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Announces $0.04 Dividend

Posted by Doug Madison on Dec 4th, 2024

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) declared a dividend on Monday, December 2nd,NASDAQ Dividends reports. Investors of record on Monday, December 23rd will be given a dividend of 0.0417 per share on Tuesday, December 31st. The ex-dividend date of this dividend is Monday, December 23rd.

Eaton Vance New York Municipal Bond Fund has decreased its dividend by an average of 10.6% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Price Performance

ENX traded down $0.03 on Tuesday, reaching $9.91. The company had a trading volume of 60,800 shares, compared to its average volume of 25,865. The stock has a 50-day moving average price of $9.71 and a 200-day moving average price of $9.80. Eaton Vance New York Municipal Bond Fund has a 1 year low of $9.20 and a 1 year high of $10.14.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. purchased 5,827 shares of the business’s stock in a transaction on Monday, December 2nd. The shares were bought at an average price of $9.87 per share, with a total value of $57,512.49. Following the completion of the transaction, the insider now directly owns 3,150,159 shares in the company, valued at approximately $31,092,069.33. This represents a 0.19 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last three months, insiders bought 67,031 shares of company stock valued at $647,341.

Eaton Vance New York Municipal Bond Fund Company Profile

(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.