Eaton Vance New York Municipal Bond Fund (NYSE:ENX) Declares Monthly Dividend of $0.04

Posted by John Perry on Mar 4th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a monthly dividend on Monday, March 3rd, Wall Street Journal reports. Stockholders of record on Friday, March 14th will be paid a dividend of 0.0417 per share on Monday, March 31st. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.11%. The ex-dividend date is Friday, March 14th.

Eaton Vance New York Municipal Bond Fund has raised its dividend payment by an average of 0.5% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Price Performance

Shares of NYSE:ENX traded down $0.02 on Tuesday, reaching $9.79. 15,404 shares of the company traded hands, compared to its average volume of 29,354. Eaton Vance New York Municipal Bond Fund has a fifty-two week low of $9.27 and a fifty-two week high of $10.14. The company’s 50 day moving average is $9.71 and its 200-day moving average is $9.70.

Insider Activity

In other news, major shareholder Saba Capital Management, L.P. bought 3,602 shares of the business’s stock in a transaction on Wednesday, December 4th. The shares were bought at an average cost of $9.94 per share, with a total value of $35,803.88. Following the purchase, the insider now directly owns 3,156,613 shares in the company, valued at $31,376,733.22. This trade represents a 0.11 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In the last 90 days, insiders purchased 174,524 shares of company stock worth $1,679,965.

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.