Eaton Vance Municipal Income Trust (EVN) To Go Ex-Dividend on September 14th

Eaton Vance Municipal Income Trust (NYSE:EVN) announced a monthly dividend on Tuesday, September 1st. Shareholders of record on Monday, September 14th will be paid a dividend of 0.0513 per share by the investment management company on Thursday, September 24th. This represents a c) annualized dividend and a yield of 5.9%. The ex-dividend date of this dividend is Monday, September 14th.

Eaton Vance Municipal Income Trust Price Performance

Shares of NYSE:EVN opened at $10.43 on Friday. Eaton Vance Municipal Income Trust has a 12-month low of $10.09 and a 12-month high of $11.26. The business has a 50 day moving average of $10.74 and a two-hundred day moving average of $10.73.

Institutional Trading of Eaton Vance Municipal Income Trust

Several large investors have recently made changes to their positions in EVN. Van ECK Associates Corp raised its holdings in Eaton Vance Municipal Income Trust by 18.2% in the 4th quarter. Van ECK Associates Corp now owns 175,574 shares of the investment management company’s stock valued at $1,889,000 after acquiring an additional 27,041 shares during the last quarter. Stifel Financial Corp increased its stake in shares of Eaton Vance Municipal Income Trust by 2.3% in the 4th quarter. Stifel Financial Corp now owns 89,742 shares of the investment management company’s stock worth $966,000 after acquiring an additional 1,975 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Eaton Vance Municipal Income Trust by 5.1% during the 1st quarter. Royal Bank of Canada now owns 93,673 shares of the investment management company’s stock worth $961,000 after acquiring an additional 4,582 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in shares of Eaton Vance Municipal Income Trust in the second quarter valued at about $28,000. Finally, Sequoia Financial Advisors LLC purchased a new position in Eaton Vance Municipal Income Trust during the second quarter worth about $304,000.

Eaton Vance Municipal Income Trust Company Profile

Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.

The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.