Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) Plans Monthly Dividend of $0.05

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Monday, March 2nd. Shareholders of record on Monday, March 16th will be paid a dividend of 0.0508 per share on Tuesday, March 31st. This represents a c) annualized dividend and a yield of 6.1%. The ex-dividend date is Monday, March 16th.

Eaton Vance Municipal Bond Fund Stock Performance

EIM traded up $0.01 during trading on Wednesday, reaching $10.01. The company had a trading volume of 45,175 shares, compared to its average volume of 163,937. Eaton Vance Municipal Bond Fund has a 12 month low of $9.27 and a 12 month high of $10.54. The business’s fifty day moving average price is $9.88 and its 200 day moving average price is $9.89.

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.