EIM CEF — Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund (EIM)

Updated October 16, 2026.

EIM is a CEF. its distribution rate is 6.91%, its trailing-12-month yield is 6.91%, its expense ratio is 1.1442%. Dividend Vision Distribution Safety Score™ is 66/100 (Generally safe). Total return is 146.0% over the past 24.1 years, 1041.3 points behind SPY at 1187.3%.

Eaton Vance Municipal Bond Fund is a municipal bond closed-end fund that pays distributions monthly. Its October 1, 2026 issuer announcement declared $0.0508 per common share, with ex-dividend and record dates of October 15, 2026 and a payment date of October 30, 2026.

EIM performance versus SPY

Price and return data through 2026-10-16.

Total return is 146.0% over the past 24.1 years, 1041.3 points behind SPY at 1187.3%. Over the past year its total return — price change plus distributions reinvested — is -4.6%. Its deepest 1-year drawdown was 11.4%.

EIM key facts

Distribution Safety Score™

66 · Generally safe

Safety-Adjusted Yield

4.56%

Issuer

Eaton Vance

Asset type

CEF

Asset class

Fixed Income

Expense ratio

1.1442%

Distribution rate

6.91%

Distribution frequency

Monthly

Trailing yield

6.91%

Last close

$8.86 (as of 2026-10-16)

NAV

$9.54 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$69,400,000

Average volume

310078.0

Dividend

$0.051

Ex-dividend date

10/15/2026

Payment date

10/30/2026

How Dividend Vision calculates yield and returns

Distribution rate (6.91%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.91%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Eaton Vance or company page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

EIM risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 11.4%.

Who may consider EIM — and who may not

It is a weaker fit for investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on EIM

• All tickers starting with E

Tagged: CEF, Fixed Income, Municipal, Bonds.

Frequently asked questions

More securities from Eaton Vance.