EIM

Eaton Vance Municipal Bond Fund
EIM

$10.68

0.09%

Market Cap: $760M

About: Eaton Vance Municipal Bond Fund is a non-diversified closed-end management investment company. It consists of Municipal bond fund, California municipal bond fund, and New York municipal bond fund. The company's investment objective is to provide current income exempt from regular federal income tax, alternative minimum tax, and taxes in specified states. Its investment plan is to invest in higher quality bonds.

0

Funds holding %

of 6,728 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0% more funds holding in top 10

Funds holding in top 10: 1 [Q1] → 1 (+0) [Q2]

2% less capital invested

Capital invested by funds: $340M [Q1] → $334M (-$6M) [Q2]

1.31% less ownership

Funds ownership: 45.63% [Q1] → 44.32% (-1.31%) [Q2]

8% less funds holding

Funds holding: 119 [Q1] → 110 (-9) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 27 | Existing positions reduced: 34

45% less first-time investments, than exits

New positions opened: 11 | Existing positions closed: 20

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Research analyst outlook

We haven’t received any recent analyst ratings for EIM.

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Financial journalist opinion

Based on 4 articles about EIM published over the past 30 days

Ideas For Managing CEF Discount Volatility

Volatility in the closed-end fund, or CEF, market has recently increased, while tight discounts create a point of vulnerability for the market. We discuss various strategies investors can use to make their CEF portfolios more resilient to take advantage of future draw-downs. These strategies include focusing on likely CEF distribution changes, seeking funds with wide discounts, considering term CEFs, and riding sidecar with CEF activists.

Ideas For Managing CEF Discount Volatility

Gauging Distribution Winners And Losers In The Next Rate Cycle

The Fed is expected to lower short-term rates soon, impacting distributions for investment vehicles like CEFs and BDCs. Investors should focus on both distribution paths and valuations of CEFs, as valuation changes can significantly affect portfolio wealth. BDCs, despite holding floating-rate assets, offer high dividend coverage and income diversification, making them attractive even in a rate-cutting cycle.

Gauging Distribution Winners And Losers In The Next Rate Cycle

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 9/3/2024 Ex-Date – 9/13/2024 Record – 9/13/2024 Payable – 9/20/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 8/30/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.90 5.50% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.78 5.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

EIM: Lock In High Yields For Decent Potential Total Returns In Munis

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.

EIM: Lock In High Yields For Decent Potential Total Returns In Munis

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

We review the CEF market valuation and performance through the first week of August and highlight recent market action. CEF performance diverged this week as higher-quality / longer duration sectors like Munis outperformed. NYSE proposed rule change could eliminate annual CEF shareholder meetings, potentially impacting shareholder activism and competition in the CEF space.

CEF Weekly Review: Managers Kick It Up A Notch In Fight With Saba

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 8/1/2024 Ex-Date – 8/12/2024 Record – 8/12/2024 Payable – 8/19/2024 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 7/31/24 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $10.96 5.47% Eaton Vance Municipal Income Trust EVN $0.0513 - $10.64 5.79% Ta.

Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds

CEF Weekly Review: When To Worry About NAV Declines

We review the CEF market valuation and performance through the third week of July and highlight recent market action. The CEF market experienced a reversal in its rally, with most sectors finishing lower, but month-to-date all NAVs remain green. Concerns about NAV declines depend on the specific reason. We discuss factors like overdistribution, trading slippage, and forced deleveraging which could impact future income and distributions.

CEF Weekly Review: When To Worry About NAV Declines

Eaton Vance Municipal Bond Fund Announces Measurement Period for Initial Conditional Tender Offer

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced that, in connection with the recent close of the Fund's cash tender offer on July 9, 2024, the Fund has commenced a four-month measurement period, beginning July 9, 2024 through November 8, 2024, whereby if, during such period, the Fund's common shares trade at an average discount to net asset value (“NAV”) of more than 7.5% (based upon the average of the difference between its volume-weighted a.

Eaton Vance Municipal Bond Fund Announces Measurement Period for Initial Conditional Tender Offer

Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the final results of the Fund's cash tender offer for the following amount of its outstanding common shares (the “Tender Offer”). The Tender Offer expired at 5:00 p.m. Eastern Time on July 9, 2024. The final results of the Tender Offer based on a count by Equiniti Trust Company, LLC, the depositary for the Tender Offer, are provided in the table below. Common Shares Offered to Purchase Pur.

Eaton Vance Municipal Bond Fund Announces Final Results of Tender Offer

Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the preliminary results of the Fund's cash tender offer for up to 20% of its outstanding common shares that expired at 5:00 p.m. Eastern Time on July 9, 2024 (the “Tender Offer”). The table below shows the preliminary results for the Fund: Common Shares Offered to Purchase Pursuant to the Tender Offer Common Shares Properly Tendered Purchase Price of Properly Tendered Common Shares* 14,230.

Eaton Vance Municipal Bond Fund Announces Preliminary Results of Tender Offer

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