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

Posted by Amber O'Connor on Jan 3rd, 2025

Eaton Vance New York Municipal Bond Fund (NYSE:ENX – Get Free Report) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid 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 payment by an average of 10.6% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Stock Up 0.6 %

Shares of ENX stock traded up $0.06 during trading hours on Friday, hitting $9.76. The company’s 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 12-month low of $9.27 and a 12-month high of $10.14. The company has a 50 day moving average of $9.72 and a 200 day moving average of $9.73.

Insiders Place Their Bets

In related news, major shareholder Saba Capital Management, L.P. bought 21,191 shares of the stock in a transaction dated Thursday, November 7th. The shares were purchased at an average price of $9.56 per share, for a total transaction of $202,585.96. Following the completion of the purchase, the insider now directly owns 3,090,895 shares of the company’s stock, valued at $29,548,956.20. This represents a 0.69 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have purchased 191,934 shares of company stock valued at $1,851,019.

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.