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. Shareholders 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 yield of 4.97%. The ex-dividend date is Monday, April 22nd.

Eaton Vance New York Municipal Bond Fund Stock Performance

NYSE:ENX opened at $9.52 on Friday. The stock’s 50 day moving average price is $9.65 and its 200 day moving average price is $9.75. Eaton Vance New York Municipal Bond Fund has a 52 week low of $7.84 and a 52 week high of $10.07.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Stifel Financial Corp bought a new stake in Eaton Vance New York Municipal Bond Fund in the fourth quarter worth $107,000. Virtu Financial LLC bought a new position in Eaton Vance New York Municipal Bond Fund during the fourth quarter valued at about $154,000. Finally, Cohen & Steers Inc. lifted its position in shares of 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 worth $406,000 after buying an additional 30,100 shares during the last quarter.

About Eaton Vance New York Municipal Bond Fund

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.