Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund is a closed-ended investment fund. It has an objective of providing current income exempt from federal income tax including alternate minimum tax. The company was founded on August 30, 2002 and is headquartered in Boston, MA.

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund's then-outstanding common shares if, during the four-month measurement period beginning July 9, 2024 through November 8, 2024, 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 average market price and.

Eaton Vance Municipal Bond Fund Announces Tender Offer to Purchase up to 5% of Outstanding Shares

DTF Tax-Free Income

Deutsche Municipal Income Trust

BlackRock MuniVest Fund Inc

Nuveen Quality Municipal Income Fund

We discuss Muni CEF performance, distributions and valuations in this latest update. Municipal CEFs have outperformed due to high rates, wide discounts, and rising distributions, however the easy money has mostly been made in our view. Municipal bonds remain attractive compared to corporate bonds, but Muni CEF discounts have tightened to historic averages, reducing their previous appeal.

Municipal CEF Update: Discounts And Rates Deliver A Rally

BlackRock Municipal 2030 Target Term Trust

Saba Closed-End Funds ETF

Western Asset High Yield Defined Opportunity Fund Inc

Nuveen Municipal Credit Income Fund

Flaherty & Crumrine Preferred Income OpportunityFund Inc

RiverNorth Capital and Income Fund

PGIM Shrt Duratin Hgh Yld Opprtnts Fund

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

Ares Capital

Fidus Investment

Nuveen Churchill Direct Lending Corp

New York Mortgage Trust

New York Mortgage Trust, Inc. Cum Conv Perp Red Pfd Registered Shs Series D

Oxford Lane Capital

Oxford Lane Capital Corp 7 1/2 % Term Cum Pfd Shs Series -2023-

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

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

Saba Capital Income & Opportunities Fund

Saba Capital Income & Opportunities Fund II

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

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

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

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

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

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced today the commencement of a cash tender offer (the “Tender Offer”). As previously announced, the Fund will purchase for cash up to 20% of its outstanding common shares at a price per share equal to 98% of its net asset value (“NAV”) per share, determined as of the close of regular trading on the NYSE on the day the Tender Offer expires. The Tender Offer will expire on July 9, 2024 at 5:00 p.m. E.

Eaton Vance Municipal Bond Fund Announces Commencement of Tender Offer

BOSTON--(BUSINESS WIRE)--Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the “Fund”) announced that its Board of Trustees (the “Board”) has authorized a cash tender offer for up to 20% of its outstanding common shares at a price per share equal to 98% of the Fund's net asset value (“NAV”) per share as of the close of regular trading on the New York Stock Exchange (NYSE) on the date the tender offer expires (the “Firm Tender Offer”). The Firm Tender Offer is expected to begin on or about J.

Eaton Vance Municipal Bond Fund Announces Firm and Conditional Tender Offers

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.

EIM: Distribution Bump But Still An Attractive Discount

Eaton Vance California Municipal Income Trust

Eaton Vance New York Municipal Bond Fund

Eaton Vance Municipal Income 2028 Term Trust

Eaton Vance California Municipal Bond Fund

Eaton Vance

BOSTON--(BUSINESS WIRE)--The Eaton Vance municipal closed-end funds (each, a “Fund,” and collectively, the “Funds”) listed below announce increases to their monthly distribution rates. The Fund's increased distribution rates will be effective beginning with the January 2024 distribution. These distribution rate increases range between approximately 22% and 41% relative to each Fund's current distribution rates and are intended to help support secondary market trading of Fund shares and improve.

Certain Eaton Vance Municipal Closed-End Funds Announce Distribution Updates

Municipal bonds are often overlooked by retail investors seeking yield, despite the many advantages they offer over low/no growth dividend stocks. Thanks to the worst quarter in history for government bonds, you can pick up some enticing yields right now on municipal closed-end funds trading far below net asset value (NAV).

8.4% To 10.8% Tax-Equivalent Yield On A-Rated Govt Bonds (EIM, EVM)

Eaton Vance National Municipal Opportunities Trust

BOSTON, Oct. 1, 2021 /PRNewswire/ -- Eaton Vance Management ("EVM"), investment adviser to the closed-end funds listed below (the "Funds") announced that Julie P. Callahan, CFA and William J.

Eaton Vance Management Announces Changes To The Portfolio Management Team Of Certain Municipal Closed-End Funds

Eaton Vance Enhanced Equity Income Fund

BOSTON, June 30, 2021 /PRNewswire/ -- The following notice relates to the combined Annual Meeting of Shareholders of Eaton Vance California Municipal Bond Fund (NYSE American: EVM), Eaton Vance Municipal Bond Fund (NYSE American: EIM), Eaton Vance New York Municipal Bond Fund (NYSE American: ENX) and Eaton Vance Enhanced Equity Income Fund (NYSE: EOI): Notice That Annual Meeting Of Shareholders Will Be A Telephonic Meeting Due to the public health impact of the coronavirus pandemic (COVID-19) and to support the health and well-being of our shareholders, NOTICE IS HEREBY GIVEN that the combined Annual Meeting of Shareholders of Eaton Vance California Municipal Bond Fund, Eaton Vance Municipal Bond Fund, Eaton Vance New York Municipal Bond Fund and Eaton Vance Enhanced Equity Income Fund (each, a "Fund" and together, the "Funds") to be held on Thursday, July 15, 2021 at 11:30 a.m. Eastern Time (the "Meeting") will be held in a telephonic format.

Certain Eaton Vance Closed-End Funds Announce Telephonic Annual Meeting Of Shareholders On July 15, 2021

Eaton Vance Floating-Rate 2022 Target Term Trust

Eaton Vance High Income 2021 Target Term Trust

Eaton Vance Enhanced Equity Income Fund II

Eaton Vance Tax-Managed Buy-Write Income Fund

Eaton Vance Tax-Advantaged Global Dividend Income Fund

Eaton Vance Risk-Managed Diversified Equity Income Fund

Eaton Vance Tax Advantaged Global Dividend Opportunities Fund

Eaton Vance Tax-Managed Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund

Eaton Vance Tax-Managed Diversified Equity Income Fund

Eaton Vance Short Duration Diversified Income Fund

Eaton Vance Tax-Advantaged Dividend Income Fund

Eaton Vance Limited Duration Income Fund

Eaton Vance Tax-Advantaged Bond & Opportunity Stategies Fund

Eaton Vance Tax-Managed Global Diversified Equity Income Fund

BOSTON, Dec. 23, 2020 /PRNewswire/ -- The following notice relates to the Joint Special Meeting of Shareholders of the following closed-end funds: Eaton Vance California Municipal Bond Fund (NYSE American: EVM) Eaton Vance California Municipal Income Trust (NYSE American: CEV ) Eaton...

Certain Eaton Vance Closed-End Funds Joint Special Meeting Of Shareholders On January 7, 2021 Will Be A Virtual Meeting

Pimco Municipal Income Fund III

Closed-End Funds: 4 Municipal Bond Funds For Your Portfolio

BOSTON, July 27, 2020 /PRNewswire/ -- Eaton Vance Municipal Bond Fund (NYSE American: EIM) (the "Fund") announced today the preliminary results of its tender offer for up to 5% or 3,787,010 of its outstanding common shares of beneficial interest. The tender offer expired at 5:00 P.M.

Eaton Vance Municipal Bond Fund Announces Preliminary Results Of Tender Offer

Western Asset High Income Fund

Why These Dividends May Be Your New Retirement Income: Better Options For Income Investors

News for Eaton Vance Municipal Bond Fund ETF (EIM)