Eaton Vance Municipal Bond Fund (EIM)
Market Closed
1 Sep, 20:00
AMEX AMEX Primary $
9. 49
-0.09
-0.9395%
$
- Market Cap
- Div Yield
152,094 Volume
$ 9.58
Previous Close 
Want to track EIM and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!
EIM: Discount Widens Back To A More Attractive Level
Eaton Vance Municipal Bond Fund (EIM) faces pressure from rising long-term rates and what should remain higher short-term rates, widening its discount to -6.7%. EIM's 6.16% distribution yield is attractive, but coverage remains below 100%, with recent improvement to 79% after prior Fed rate cuts, but likely to stabilize around this level for now. Recent discount widening and market volatility may present a more compelling entry point for long-term investors despite near-term headwinds.
Seekingalpha | 4 months ago
