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Saba Capital Management, L.P., a prominent investment firm, recently increased its holdings in the Eaton (NYSE:ETN) Vance New York Municipal Bond Fund (NYSE:ENX), a fund known for its impressive 24-year streak of consistent dividend payments and current 5.21% dividend yield. According to a recent SEC filing, the firm purchased 200 shares of common stock at a price of $9.59 per share on February 12, totaling $1,918.
This transaction brings Saba Capital's total ownership in the fund to 3,364,792 shares. The purchase reflects Saba Capital's continued interest in the Eaton Vance New York Municipal Bond Fund, which specializes in municipal bonds and aims to provide investors with a steady stream of tax-exempt income.
The filing also lists Boaz Weinstein as a significant owner, highlighting the firm's substantial stake in the fund.
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