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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) declared a monthly dividend on Monday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be paid a dividend of 0.0394 per share on Tuesday, April 30th. This represents a $0.47 annualized dividend and a dividend yield of 4.97%. The ex-dividend date of this dividend is Monday, April 22nd.

Eaton Vance New York Municipal Bond Fund Stock Performance

Shares of NYSE ENX opened at $9.52 on Friday. The company’s 50 day simple moving average is $9.65 and its 200 day simple moving average is $9.75. Eaton Vance New York Municipal Bond Fund has a fifty-two week low of $7.84 and a fifty-two week high of $10.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Cohen & Steers Inc. increased its holdings in Eaton Vance New York Municipal Bond Fund by 250.8% in the fourth quarter. Cohen & Steers Inc. now owns 42,100 shares of the company’s stock valued at $406,000 after purchasing an additional 30,100 shares during the last quarter. Virtu Financial LLC bought a new stake in shares of Eaton Vance New York Municipal Bond Fund in the 4th quarter valued at about $154,000. Finally, Stifel Financial Corp acquired a new stake in shares of Eaton Vance New York Municipal Bond Fund in the 4th quarter valued at approximately $107,000.

Eaton Vance New York Municipal Bond Fund Company Profile

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.