Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) declared a monthly dividend on Tuesday, March 4th, Wall Street Journal reports. Shareholders of record on Friday, March 14th will be paid a dividend of 0.0508 per share on Monday, March 31st. This represents a $0.61 dividend on an annualized basis and a yield of 5.95%. The ex-dividend date of this dividend is Friday, March 14th.
Eaton Vance Municipal Bond Fund has decreased its dividend by an average of 0.3% per year over the last three years.
Eaton Vance Municipal Bond Fund Price Performance
Shares of EIM traded down $0.02 during trading hours on Tuesday, reaching $10.25. 100,534 shares of the company traded hands, compared to its average volume of 159,735. Eaton Vance Municipal Bond Fund has a 12-month low of $9.89 and a 12-month high of $10.93.
About Eaton Vance Municipal Bond Fund
Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations. The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors.
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