Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) announced a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Shareholders of record on Wednesday, February 21st will be given a dividend of 0.0479 per share on Wednesday, February 28th. This represents a $0.57 annualized dividend and a yield of 4.83%. The ex-dividend date is Tuesday, February 20th.
Eaton Vance Municipal Bond Fund (EIM) traded down $0.12 during trading on Friday, hitting $11.89. 218,575 shares of the stock traded hands, compared to its average volume of 143,595. Eaton Vance Municipal Bond Fund has a 12-month low of $11.83 and a 12-month high of $12.99.
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Eaton Vance Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The Fund invests primarily in debt securities issued by municipalities.
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