Saba capital administration acquires $682 in Eaton Vance shares

In a latest submitting with the Securities and Change Fee, Saba Capital Administration, L.P., together with Boaz Weinstein, reported the acquisition of extra shares within the Eaton (NYSE:ETN) Vance California Municipal Bond Fund (NYSE:EVM). On December 12, 2024, Saba Capital acquired 72 shares at a worth of $9.48 per share, totaling $682. This transaction will increase their holdings within the fund to three,673,253 shares. Each Saba Capital and Weinstein are recognized as ten % house owners of the fund. In accordance with InvestingPro, EVM boasts a stable 5.32% dividend yield and has maintained dividend funds for 23 consecutive years. The fund demonstrates good monetary well being with an general rating of two.75, whereas displaying comparatively low worth volatility. For deeper insights and extra metrics on EVM’s efficiency, buyers can entry extra unique evaluation on InvestingPro.

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