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

Eaton Vance New York Municipal Bond Fund (NYSE:ENX) announced a monthly dividend on Monday, April 1st, Wall Street Journal reports. Stockholders of record on Tuesday, April 23rd will be given 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 Price Performance

ENX opened at $9.52 on Friday. The company has a 50-day moving average of $9.65 and a 200-day moving average of $9.75. Eaton Vance New York Municipal Bond Fund has a 1-year low of $7.84 and a 1-year high of $10.07.

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

Several hedge funds and other institutional investors have recently modified their holdings of ENX. Cohen & Steers Inc. increased its position in shares of 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 worth $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 worth about $154,000. Finally, Stifel Financial Corp bought a new stake in shares of Eaton Vance New York Municipal Bond Fund during the 4th quarter valued at 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.