Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM – Get Free Report) announced a monthly dividend on Thursday, October 1st. Shareholders of record on Thursday, October 15th will be paid a dividend of $0.0508 per share on Friday, October 30th. This represents a $0.61 annualized dividend and a yield of 6.8%. The ex-dividend date is Thursday, October 15th.
Eaton Vance Municipal Bond Fund Price Performance
Shares of EIM stock opened at $9.00 on Friday. Eaton Vance Municipal Bond Fund has a 52-week low of $8.64 and a 52-week high of $10.06. The business has a 50-day simple moving average of $9.42 and a 200-day simple moving average of $9.67.
Eaton Vance Municipal Bond Fund Company Profile
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.
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