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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Stockholders of record on Wednesday, January 15th will be given 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 payment by an average of 10.6% per year over the last three years.

Eaton Vance New York Municipal Bond Fund Trading Up 0.6 %

Shares of NYSE:ENX opened at $9.76 on Friday. Eaton Vance New York Municipal Bond Fund has a 1 year low of $9.27 and a 1 year high of $10.14. The business has a fifty day simple moving average of $9.72 and a 200 day simple moving average of $9.73.

Insiders Place Their Bets

In other news, major shareholder Saba Capital Management, L.P. purchased 20,694 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average price of $9.42 per share, with a total value of $194,937.48. Following the purchase, the insider now owns 3,256,627 shares in the company, valued at $30,677,426.34. This represents a 0.64 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have bought a total of 191,934 shares of company stock valued at $1,851,019 in the last three months.

About Eaton Vance New York Municipal Bond Fund

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.