Eaton Vance Municipal Bond Fund is a closed ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests primarily in high grade municipal obligations.
The fund's investment portfolio primarily includes investments in companies operating in the transportation, water and sewer, and electric utilities sectors. It was formerly known as Eaton Vance Insured Municipal Bond Fund. Founded in 2002, Eaton Vance Municipal Bond Fund is based in Boston, Massachusetts.
What does Eaton Vance Municipal Bond Fund (EIM) do?
Eaton Vance Municipal Bond Fund is a closed-ended fixed income mutual fund that primarily invests in high-grade municipal obligations. Managed by Eaton Vance Management, the fund focuses on securities issued by state and local governments, with a particular emphasis on sectors such as transportation, water and sewer, and electric utilities. The fund aims to provide investors with tax-exempt income by investing in bonds that are generally exempt from federal income tax. It was originally known as Eaton Vance Insured Municipal Bond Fund and has been operating since its founding in 2002.
Where is Eaton Vance Municipal Bond Fund (EIM) listed and in which currency?
Eaton Vance Municipal Bond Fund is listed on the NYSE American exchange under the ticker symbol EIM. The fund trades in US dollars (USD), reflecting its focus on US municipal bonds and its base in the United States. As a closed-end fund, its shares are bought and sold on the exchange like stocks, and the market price may differ from the net asset value per share.
What sector and industry does Eaton Vance Municipal Bond Fund (EIM) belong to?
Eaton Vance Municipal Bond Fund operates in the Financial Services sector, specifically within the Asset Management industry. As an asset management company, it pools capital from investors to purchase a diversified portfolio of municipal bonds. The fund's primary business is managing these investments to generate income for its shareholders, focusing on high-grade municipal obligations that are typically considered lower risk compared to corporate bonds.
Where is Eaton Vance Municipal Bond Fund (EIM) headquartered and what markets does it serve?
Eaton Vance Municipal Bond Fund is headquartered in Boston, Massachusetts, United States. It serves the US market, investing primarily in domestic municipal obligations issued by state and local governments. The fund's focus on US municipal bonds means it caters to investors seeking tax-exempt income within the United States. As a closed-end fund, it is available to both retail and institutional investors who trade shares on the NYSE American exchange.