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Eaton Vance Municipal Bond Fund (EIM) Stock

Profile

Country:

United States

IPO:

28 August 2002

Indexes:

Not included

Description:

EIM, or Eaton Vance Municipal Bond Fund, focuses on investing in municipal bonds to provide tax-exempt income. The fund aims to deliver attractive returns while preserving capital, catering to investors seeking income with lower risk and favorable tax treatment.

Key Details

Price

$10.71

TTM Dividend Yield

5.30%(+25.89% YoY)

Annual Revenue

$101.37 M(+1129.63% YoY)

Beta

0.10

Events Calendar

Earnings

Next earnings date:

N/A

Recent quarterly earnings:

N/A

Recent annual earnings:

N/A
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Nov 21, 2024
Splits

Next split:

N/A

Recent split:

N/A

Analyst ratings

Recent major analysts updates

No data about analysts updates

Market Data

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Institutional Ownership

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seekingalpha.com28 August 2024

There is a bullish outlook in the municipal market, despite flat performance in two months or so. EV Municipal Bond fund, EIM, offers a high yield of 5.8% and top credit quality for a long-term income investment. Many funds, including the emerging active Muni ETFs, have been increasing positions in Muni funds, likely looking for performance gains in the near term.

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Eaton Vance Municipal Bond has suffered losses due to the Fed's rate hikes and increased borrowing costs, but its discount and recent distribution increase make it an appealing investment. The fund has become a target for activist group Karpus Management, which now owns over 20% of the fund. Lower rates and a narrower discount could improve distribution coverage and potentially lead to capital gains for investors in muni CEFs.

FAQ

  • What is the primary business of Eaton Vance Municipal Bond Fund?
  • What is the ticker symbol for Eaton Vance Municipal Bond Fund?
  • Does Eaton Vance Municipal Bond Fund pay dividends?
  • What sector is Eaton Vance Municipal Bond Fund in?
  • What industry is Eaton Vance Municipal Bond Fund in?
  • What country is Eaton Vance Municipal Bond Fund based in?
  • When did Eaton Vance Municipal Bond Fund go public?
  • Is Eaton Vance Municipal Bond Fund in the S&P 500?
  • Is Eaton Vance Municipal Bond Fund in the NASDAQ 100?
  • Is Eaton Vance Municipal Bond Fund in the Dow Jones?
  • When does Eaton Vance Municipal Bond Fund report earnings?

What is the primary business of Eaton Vance Municipal Bond Fund?

EIM, or Eaton Vance Municipal Bond Fund, focuses on investing in municipal bonds to provide tax-exempt income. The fund aims to deliver attractive returns while preserving capital, catering to investors seeking income with lower risk and favorable tax treatment.

What is the ticker symbol for Eaton Vance Municipal Bond Fund?

The ticker symbol for Eaton Vance Municipal Bond Fund is NYSE:EIM

Does Eaton Vance Municipal Bond Fund pay dividends?

Yes, Eaton Vance Municipal Bond Fund pays dividends. The last payment was $0.05, with an ex-dividend date on 21 November 2024

What sector is Eaton Vance Municipal Bond Fund in?

Eaton Vance Municipal Bond Fund is in the Financial Services sector

What industry is Eaton Vance Municipal Bond Fund in?

Eaton Vance Municipal Bond Fund is in the Asset Management industry

What country is Eaton Vance Municipal Bond Fund based in?

Eaton Vance Municipal Bond Fund is headquartered in United States

When did Eaton Vance Municipal Bond Fund go public?

Eaton Vance Municipal Bond Fund's initial public offering (IPO) was on 28 August 2002

Is Eaton Vance Municipal Bond Fund in the S&P 500?

No, Eaton Vance Municipal Bond Fund is not included in the S&P 500 index

Is Eaton Vance Municipal Bond Fund in the NASDAQ 100?

No, Eaton Vance Municipal Bond Fund is not included in the NASDAQ 100 index

Is Eaton Vance Municipal Bond Fund in the Dow Jones?

No, Eaton Vance Municipal Bond Fund is not included in the Dow Jones index

When does Eaton Vance Municipal Bond Fund report earnings?

The date for Eaton Vance Municipal Bond Fund's next earnings report has not been announced yet