Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) to Issue $0.05 Monthly Dividend

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Monday, February 2nd. Investors of record on Tuesday, February 17th will be given a dividend of 0.0508 per share on Friday, February 27th. This represents a c) annualized dividend and a dividend yield of 6.1%. The ex-dividend date of this dividend is Tuesday, February 17th.

Eaton Vance Municipal Bond Fund Stock Up 0.3%

Shares of Eaton Vance Municipal Bond Fund stock traded up $0.03 during trading on Tuesday, reaching $9.96. The company’s stock had a trading volume of 128,878 shares, compared to its average volume of 161,602. The company has a 50-day simple moving average of $9.83 and a two-hundred day simple moving average of $9.83. Eaton Vance Municipal Bond Fund has a 1-year low of $9.27 and a 1-year high of $10.54.

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.