Eaton Vance New York Municipal Bond Fund (ENX) to Issue Monthly Dividend of $0.04 on April 30th

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 ENX opened at $9.52 on Friday. Eaton Vance New York Municipal Bond Fund has a one year low of $7.84 and a one year high of $10.07. The stock has a 50-day moving average of $9.65 and a 200-day moving average of $9.75.

Institutional Investors Weigh In On Eaton Vance New York Municipal Bond Fund

Hedge funds have recently added to or reduced their stakes in the company. Cohen & Steers Inc. grew its position in Eaton Vance New York Municipal Bond Fund by 250.8% in the 4th 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 period. Virtu Financial LLC acquired a new position in shares of Eaton Vance New York Municipal Bond Fund during the fourth quarter valued at about $154,000. Finally, Stifel Financial Corp bought a new stake in shares of Eaton Vance New York Municipal Bond Fund during the fourth quarter worth about $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.