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Saba Capital Management, L.P., a ten-percent owner, reported purchasing 986 shares of Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX) on June 20, 2025. The shares were bought at $9.18, for a total transaction value of $9,051. The fund, with a market capitalization of $165.42 million, currently offers an attractive dividend yield of 5.41% and maintains a "FAIR" financial health rating according to InvestingPro analysis.
Following the transaction, Saba Capital Management, L.P. and Boaz Weinstein, also a ten-percent owner, now owns 3,898,946 shares of the company. Notably, ENX has maintained dividend payments for 24 consecutive years. InvestingPro subscribers can access additional insights, including exclusive ProTips about the fund’s valuation and volatility patterns.
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