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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a dividend on Thursday, January 2nd,NASDAQ Dividends reports. Investors of record on Wednesday, January 15th will be paid a dividend of 0.0417 per share on Friday, January 31st. The ex-dividend date of this dividend 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 Stock Performance

ENX stock traded up $0.06 during midday trading on Friday, reaching $9.76. The company’s stock had a trading volume of 45,300 shares, compared to its average volume of 33,150. Eaton Vance New York Municipal Bond Fund has a 1 year low of $9.27 and a 1 year high of $10.14. The stock has a fifty day simple moving average of $9.72 and a two-hundred day simple moving average of $9.73.

Insider Buying and Selling

In other news, major shareholder Saba Capital Management, L.P. bought 11,033 shares of the stock in a transaction on Monday, December 30th. The stock was acquired at an average cost of $9.55 per share, for a total transaction of $105,365.15. Following the acquisition, the insider now owns 3,311,768 shares of the company’s stock, valued at $31,627,384.40. This represents a 0.33 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have purchased 191,934 shares of company stock valued at $1,851,019 in the last 90 days.

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.