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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Shareholders of record on Wednesday, January 15th will be given a dividend of 0.0417 per share on Friday, January 31st. The ex-dividend date of this dividend is Wednesday, January 15th.

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 Stock Up 0.6 %

NYSE:ENX traded up $0.06 during trading hours on Friday, hitting $9.76. The stock had a trading volume of 45,300 shares, compared to its average volume of 33,150. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14. The company has a 50 day simple moving average of $9.72 and a two-hundred day simple moving average of $9.73.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. acquired 21,191 shares of Eaton Vance New York Municipal Bond Fund stock in a transaction dated Thursday, November 7th. The shares were purchased at an average cost of $9.56 per share, for a total transaction of $202,585.96. Following the transaction, the insider now owns 3,090,895 shares of the company’s stock, valued at $29,548,956.20. This trade represents a 0.69 % increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through the SEC website. In the last 90 days, insiders acquired 191,934 shares of company stock worth $1,851,019.

Eaton Vance New York Municipal Bond Fund Company Profile

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.