Eaton Vance Municipal Bond Fund (EIM): Let’s take a bird-eye on it

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Eaton Vance Municipal Bond Fund (NYSE:EIM) changes shares on Monday trading session, with a change of -0.24% or -$0.03 shares. After the session, the Financial sector daily volume shifted to 0.15 million while its average volume is 170.50K. In other hand, the EIM market cap reached to $955.84M.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.32% and up 0.96% for month. Its quarterly performance was 23.85% above, while its half year performance is down -1.71%. EIM yearly performance stood at positive 1.61% and fall -2.02% for year-to-date.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. EIM EPS (TTM) for 12-month is 0.72.

Karpus Management Inc, Rivernorth Capital Management, Llc and Wells Fargo & Company are the top three holders in Eaton Vance Municipal Bond Fund (EIM) stock. On Mar 30, 2020, Karpus Management Inc has 8.77 million shares which valued 109.47 million. On Mar 30, 2020, Rivernorth Capital Management, Llc owned 2.7 million shares which valued at 33.75 million. On Mar 30, 2020, Wells Fargo & Company has a total of 1.79 million shares which valued at 22.36 million. In the end, Wells Fargo & Company have 2.37% shares outstanding of Eaton Vance Municipal Bond Fund (EIM) on Mar 30, 2020. The insider ownership moved to 0.64% and institutional holding shifted to 24.98%.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for EIM fall -0.73% for period of 200 days. SMA for 50 days was 1.28% which is showing green signal, while SMA-20 was -0.67%. The moving average value for Eaton Vance Municipal Bond Fund (EIM) is 12.65 and 12.54 for 200 and 50 days respectively.