The Eaton Vance New York Municipal Bond Fund (NYSE American: ENX) is a closed-end management investment company that seeks to provide high current income exempt from federal and New York state income taxes. The fund primarily invests in a diversified portfolio of investment-grade municipal bonds issued by the State of New York and its political subdivisions, including cities, counties, school districts and public authorities. Its holdings generally consist of general obligation and revenue bonds, with a focus on securities that carry strong credit ratings and stable revenue streams.
Since its inception, the fund has employed a disciplined, research-driven approach to portfolio construction. Eaton Vance’s team of credit analysts and portfolio managers conducts in-depth analysis of issuing entities, evaluating debt service coverage ratios, revenue sources and legal frameworks that underpin bond obligations. The investment process emphasizes relative value opportunities across sectors such as transportation, education, healthcare and essential public services, enabling the fund to capitalize on yield differentials while managing credit and interest-rate risk.
Established in the late 1980s, the Eaton Vance New York Municipal Bond Fund leverages Eaton Vance Management’s long-standing experience in municipal debt markets. The management team is led by a group of senior portfolio managers and credit specialists who collaborate with Eaton Vance’s broader fixed-income resources. This alignment ensures access to proprietary credit research, sector specialists and risk-management tools, supporting the fund’s objective of delivering tax-advantaged income and capital preservation over the long term.
Trading under the ticker symbol ENX on the NYSE American exchange, the fund offers investors convenient access to a diversified portfolio of New York–centric municipal bonds. It is designed for individual and institutional investors seeking to incorporate state-exempt income into their portfolios, while benefiting from the portfolio management expertise of Eaton Vance in navigating the complexities of the municipal bond market.
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