EIM - Watch for Continued Gains in Shares of Eaton Vance Municipal Bond Fund of Beneficial Interest $.01 par value (EIM)
Eaton Vance Municipal Bond Fund of Beneficial Interest $.01 par value (NYSE American:EIM) traded at a new 52-week high today of $13.76. So far today approximately 81,000 shares have been exchanged, as compared to an average 30-day volume of 123,000 shares.
In the past 52 weeks, Eaton Vance Municipal Bond Fund of Beneficial Interest $.01 par value share prices are bracketed by a low of $12.65 and a high of $13.76 and is now at $13.72, 8% above that low price.
Eaton Vance Municipal Bond Fund of Beneficial Interest $.01 par value (NYSE American:EIM) defies analysts with a current price ($13.72) 40.5% above its average consensus price target of $8.16.
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 strategy is to invest primarily in higher quality bonds.
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