Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Declares Monthly Dividend of $0.05

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Shareholders of record on Tuesday, April 23rd will be paid a dividend of 0.0468 per share on Tuesday, April 30th. This represents a $0.56 dividend on an annualized basis and a yield of 5.59%. The ex-dividend date is Monday, April 22nd.

Eaton Vance Municipal Bond Fund Price Performance

Shares of Eaton Vance Municipal Bond Fund stock opened at $10.04 on Friday. Eaton Vance Municipal Bond Fund has a 52-week low of $8.61 and a 52-week high of $10.46.

Hedge Funds Weigh In On Eaton Vance Municipal Bond Fund

A number of large investors have recently made changes to their positions in the business. Steward Partners Investment Advisory LLC grew its position in Eaton Vance Municipal Bond Fund by 19.1% during the 1st quarter. Steward Partners Investment Advisory LLC now owns 20,185 shares of the company’s stock worth $210,000 after purchasing an additional 3,240 shares during the last quarter. Walleye Capital LLC purchased a new stake in Eaton Vance Municipal Bond Fund during the 1st quarter valued at about $189,000. Private Advisor Group LLC increased its holdings in shares of Eaton Vance Municipal Bond Fund by 15.1% in the first quarter. Private Advisor Group LLC now owns 15,252 shares of the company’s stock valued at $175,000 after purchasing an additional 2,000 shares during the period. Mutual Advisors LLC acquired a new stake in shares of Eaton Vance Municipal Bond Fund during the second quarter worth about $161,000. Finally, Nomura Holdings Inc. purchased a new stake in Eaton Vance Municipal Bond Fund in the second quarter valued at approximately $161,000.

Eaton Vance Municipal Bond Fund Company Profile

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.