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

Eaton Vance Municipal Bond Fund (NYSEAMERICAN:EIM) declared a monthly dividend on Monday, January 5th. Investors of record on Thursday, January 15th will be given a dividend of 0.0508 per share on Friday, January 30th. This represents a c) dividend on an annualized basis and a yield of 6.3%. The ex-dividend date is Thursday, January 15th.

Eaton Vance Municipal Bond Fund Stock Performance

EIM opened at $9.69 on Tuesday. Eaton Vance Municipal Bond Fund has a 1-year low of $9.27 and a 1-year high of $10.55. The stock’s 50 day simple moving average is $9.85 and its 200 day simple moving average is $9.79.

About Eaton Vance Municipal Bond Fund

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.