Eaton Vance Municipal Income Trust (NYSE:EVN – Get Free Report) shares crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $10.76 and traded as high as $10.77. Eaton Vance Municipal Income Trust shares last traded at $10.74, with a volume of 64,590 shares changing hands.
Eaton Vance Municipal Income Trust Trading Up 1.0%
The stock’s fifty day simple moving average is $10.60 and its 200 day simple moving average is $10.76.
Eaton Vance Municipal Income Trust Announces Dividend
The firm also recently announced a monthly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Friday, June 12th will be issued a dividend of $0.0513 per share. This represents a c) dividend on an annualized basis and a yield of 5.6%. The ex-dividend date of this dividend is Friday, June 12th.
Institutional Trading of Eaton Vance Municipal Income Trust
Eaton Vance Municipal Income Trust Company Profile
Eaton Vance Municipal Income Trust (NYSE: EVN) is a closed-end management investment company that seeks to provide shareholders with current income exempt from federal income taxes. The trust primarily invests in investment-grade municipal securities issued by U.S. state and local governments, authorities and agencies. By focusing on tax-exempt income, EVN aims to deliver attractive after-tax yields to individual and institutional investors.
The fund’s portfolio is diversified across sectors such as general obligation bonds, revenue bonds, essential service issuers and housing finance agencies.
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