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

Posted by Bonnie Powley on Apr 4th, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) declared a monthly dividend on Wednesday, April 2nd, Wall Street Journal reports. Investors of record on Tuesday, April 15th will be given a dividend of 0.0417 per share on Wednesday, April 30th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 5.26%. The ex-dividend date of this dividend is Tuesday, April 15th.

Eaton Vance New York Municipal Bond Fund has increased its dividend by an average of 0.5% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Stock Down 0.8 %

ENX stock opened at $9.52 on Friday. The company has a fifty day moving average price of $9.70 and a two-hundred day moving average price of $9.66. Eaton Vance New York Municipal Bond Fund has a one year low of $9.27 and a one year high of $10.14.

Insider Activity at Eaton Vance New York Municipal Bond Fund

In other news, major shareholder Saba Capital Management, L.P. acquired 23,845 shares of the stock in a transaction on Tuesday, January 7th. The shares were purchased at an average price of $9.55 per share, for a total transaction of $227,719.75. Following the transaction, the insider now directly owns 3,335,613 shares of the company’s stock, valued at approximately $31,855,104.15. This represents a 0.72 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have purchased 137,173 shares of company stock worth $1,323,933.

About Eaton Vance New York Municipal Bond Fund

(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.