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Eaton Vance Municipal Bond Fund (EIM)

National Muni Bond Funds - National Municipal (tax-free) Bond

Data as of July 16, 2024
Market Price $10.46 (- $0.03)
NAV (July 16, 2024) $11.44 (+ $0.02)
Fund Listed NYSE MKT
Premium / Discount -8.57% (-0.42%)
Fund Info
Inception Aug. 30, 2002
Sponsor Eaton Vance Management
Website http://funds.eatonvanc...
Phone 1-866-328-6681
Location Massachusetts
Incorporated Massachusetts
Staggered Board Yes
Term Date N/A
Objective: Current income exempt from federal income tax; monthly distributions of net investment income
Related Indexes
National Municipal Bond Index
Tax-Sensitive Income Index
Capital & Leverage
Outstanding Shares 56,922,547
Total Assets (Reported: March 31, 2024) $1,161M
Estimated Total Assets $920M
Net Assets $651M
Market Cap $595M
Portfolio Turnover 52.00%
Total Leverage 29.20%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 100.00%
Expense Ratio 2.70%
Non Lev Exp Ratio 0.95%
Rel Lev Cost 4.19%
Discount Data
Average Discount (3 Yr) -9.43%
Discount Low(3 Yr) -15.54%
Discount High(3 Yr) -1.69%
Discount Rel Range (3 Yr) 50.37%
Comp Discount -0.79
Discount St Dev (1Yr) 2.68
Z-Stat (6mo) 0.38
Z-Stat (1Yr) 1.10
Z-Stat (3Yr) 0.25
Comp Z-Stat (6mo) -1.24
Comp Z-Stat (3Yr) 0.25
Distribution Data
Market Yield 5.83%
Income Yield 4.05%
Lev Adj NAV Yield 4.12%
Distribution Frequency M
Current Distribution $0.051
Current Income $0.035
Ex-Date 7/23/24
Payable Date 7/31/24
Div Growth (3yr) 2.42%
Dividend Change 8.6% on 7/1/24
Expected Div 8/1/24
RoC (1yr) 17.58%
RoC (3yr) 7.84%
Volume & Liquidity
Average Daily $ (K) $1,513
Avg Volume 30 day 176,305
Avg Volume 90 day 144,643
Volume Trend 21.89%
Comp Volume Trend 23.94%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's National Municipal Bond Index
Most Correlated Peer (Mk Pr): MUI 89.0%
NAV - Price Correlation (30 d) -30.6%
NAV - Price Correlation (90 d) 75.1%
NAV - Price Correlation (1 Yr) 84.2%
Price St Dev (1Yr) 11.1%
NAV St Dev (1Yr) 6.5%
Earnings / Share (5/31/24) $0.034
Earn Coverage 66.34%
Earnings Trend Down
UNII / Share (5/31/24) $-0.065
Rel UNII -15.23
UNII Trend Down
Bond Specific Data
Maturity 19.71
Duration 9.89
Credit Rating (rbo) AA
Investment Grade 94.38%
Non Investment Grade 1.18%
Unrated Bonds 4.44%
Average Bond Price 103.14
Discount vs Price -5.43
Coupon 5.43%
Zero Coupon 12.44%
AMT 4.97%
AMT Yield 5.75%
Bond Calls Risk 5.00%
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's National Municipal Bond Index


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