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

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Monday, February 2nd. Shareholders of record on Tuesday, February 17th will be given a dividend of 0.0508 per share on Friday, February 27th. This represents a c) dividend on an annualized basis and a yield of 6.1%. The ex-dividend date is Tuesday, February 17th.

Eaton Vance Municipal Bond Fund Trading Up 0.3%

Shares of EIM stock traded up $0.03 during mid-day trading on Tuesday, reaching $9.96. The stock had a trading volume of 128,789 shares, compared to its average volume of 161,527. Eaton Vance Municipal Bond Fund has a 12-month low of $9.27 and a 12-month high of $10.54. The business has a 50-day simple moving average of $9.83 and a 200 day simple moving average of $9.83.

Institutional Trading of Eaton Vance Municipal Bond Fund

Several large investors have recently modified their holdings of EIM. Mackay Shields LLC raised its position in shares of Eaton Vance Municipal Bond Fund by 29.3% during the 2nd quarter. Mackay Shields LLC now owns 400,187 shares of the company’s stock worth $3,870,000 after purchasing an additional 90,795 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in shares of Eaton Vance Municipal Bond Fund by 8.3% in the second quarter. Concurrent Investment Advisors LLC now owns 32,540 shares of the company’s stock worth $315,000 after acquiring an additional 2,500 shares during the last quarter. Allspring Global Investments Holdings LLC raised its holdings in shares of Eaton Vance Municipal Bond Fund by 2.0% in the second quarter. Allspring Global Investments Holdings LLC now owns 265,786 shares of the company’s stock worth $2,570,000 after acquiring an additional 5,200 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its position in shares of Eaton Vance Municipal Bond Fund by 17.7% in the second quarter. Ashton Thomas Private Wealth LLC now owns 35,480 shares of the company’s stock valued at $343,000 after acquiring an additional 5,327 shares in the last quarter. Finally, Uniting Wealth Partners LLC boosted its stake in shares of Eaton Vance Municipal Bond Fund by 10.5% during the second quarter. Uniting Wealth Partners LLC now owns 76,114 shares of the company’s stock valued at $736,000 after acquiring an additional 7,242 shares during the last quarter.

About Eaton Vance Municipal Bond Fund

The Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) is a closed-end management investment company that seeks to provide shareholders with high current income exempt from regular United States federal income tax. The fund primarily invests in a diversified portfolio of investment-grade municipal securities, including general obligation and revenue bonds issued by state and local governments and their agencies. It may also hold tender option bonds and other municipal derivatives to help manage duration and enhance yield.

Managed by Eaton Vance Management, a leading asset management firm with a history dating back to 1924, the fund leverages the firm’s experience in fixed-income investing.