Eaton Vance Municipal Bond Fund (EIM) to Distribute Monthly Dividend of $0.05 on October 30th

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be given a dividend of $0.0508 per share on Friday, October 30th. This represents a $0.61 annualized dividend and a yield of 6.7%. The ex-dividend date of this dividend is Thursday, October 15th.

Eaton Vance Municipal Bond Fund Trading Up 0.4%

Shares of EIM stock opened at $9.04 on Friday. Eaton Vance Municipal Bond Fund has a fifty-two week low of $8.64 and a fifty-two week high of $10.06. The business’s 50 day moving average price is $9.41 and its 200-day moving average price is $9.67.

About Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund (NYSE American: EIM) is a closed-end investment fund managed by Eaton Vance Management, an investment management firm within Morgan Stanley Investment Management. The fund seeks to provide current income that is exempt from regular federal income tax.

The fund invests primarily in municipal obligations issued by states, municipalities, and other public entities in the United States. Its portfolio may include a range of tax-exempt securities with varying maturities, credit qualities, and structures, allowing the fund to pursue income while managing interest-rate and credit risk.

Eaton Vance Municipal Bond Fund was formerly known as Eaton Vance Municipal Income Trust.