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

Posted by Paula Ricardo on Jan 3rd, 2025

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

Eaton Vance New York Municipal Bond Fund has decreased its dividend by an average of 10.6% annually over the last three years.

Eaton Vance New York Municipal Bond Fund Price Performance

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

Insider Buying and Selling

In related news, major shareholder Saba Capital Management, L.P. acquired 20,694 shares of the firm’s stock in a transaction that occurred on Monday, December 23rd. The stock was purchased at an average cost of $9.42 per share, with a total value of $194,937.48. Following the transaction, the insider now directly owns 3,256,627 shares of the company’s stock, valued at $30,677,426.34. This trade represents a 0.64 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders have acquired a total of 191,934 shares of company stock worth $1,851,019 in the last ninety days.

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.