Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Short Interest Update

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) was the recipient of a large drop in short interest during the month of July. As of July 31st, there was short interest totaling 35,227 shares, a drop of 52.1% from the July 15th total of 73,534 shares. Based on an average daily volume of 166,815 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Eaton Vance Municipal Bond Fund

A number of institutional investors have recently bought and sold shares of the company. Cetera Investment Advisers raised its position in shares of Eaton Vance Municipal Bond Fund by 7.0% in the 2nd quarter. Cetera Investment Advisers now owns 57,288 shares of the company’s stock worth $554,000 after acquiring an additional 3,753 shares in the last quarter. Invesco Ltd. grew its stake in Eaton Vance Municipal Bond Fund by 19.0% during the second quarter. Invesco Ltd. now owns 157,475 shares of the company’s stock worth $1,523,000 after purchasing an additional 25,138 shares during the period. Raymond James Financial Inc. grew its stake in Eaton Vance Municipal Bond Fund by 13.0% during the second quarter. Raymond James Financial Inc. now owns 730,758 shares of the company’s stock worth $7,066,000 after purchasing an additional 83,964 shares during the period. Jane Street Group LLC acquired a new stake in Eaton Vance Municipal Bond Fund during the second quarter worth approximately $130,000. Finally, Ameriprise Financial Inc. increased its holdings in Eaton Vance Municipal Bond Fund by 14.6% in the second quarter. Ameriprise Financial Inc. now owns 480,370 shares of the company’s stock worth $4,645,000 after purchasing an additional 61,302 shares in the last quarter.

Eaton Vance Municipal Bond Fund Stock Down 0.3%

Shares of NYSEAMERICAN EIM traded down $0.03 during midday trading on Tuesday, reaching $9.60. The stock had a trading volume of 89,482 shares, compared to its average volume of 140,933. The company’s 50 day moving average price is $9.78 and its 200 day moving average price is $9.83. Eaton Vance Municipal Bond Fund has a twelve month low of $9.48 and a twelve month high of $10.54.

Eaton Vance Municipal Bond Fund Dividend Announcement

The company also recently announced a monthly dividend, which will be paid on Monday, August 31st. Investors of record on Friday, August 14th will be issued a $0.0508 dividend. The ex-dividend date is Friday, August 14th. This represents a c) annualized dividend and a yield of 6.4%.

Eaton Vance Municipal Bond Fund Company Profile

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.