EIM: Offer to buy back shares, Dec 10, 2024
The fund offered to buy back 5% of its shares at 98% of value, until Jan 9, 2025.
Do I need to do anything? The fund will buy back up to 5% of its shares at 98% of the value of its holdings. If you want to sell at that price, tell your broker to tender all of your shares before Jan 9, 2025; if more people tender than the fund will take, everyone is cut back in proportion, so tendering everything gets you the most. Brokers usually need your instruction a business day or two earlier - ask yours for its own cut-off. If you hold fewer than 100 shares, you are usually not cut back. If you do nothing, you keep your shares. This is information, not advice.
This date comes from the fund's filing of Dec 10, 2024 and can be extended, changed or withdrawn. Check with your broker. Original document →
- Date
- Dec 10, 2024
- Fund
- EIM - Eaton Vance Municipal Bond Fund
- Terms
- 5% of shares, at 98% of the value of the holdings, until Jan 9, 2025
- What
- Offer to buy back shares
- Document number
- 0000940394-24-001077
Open the original document at the SEC →
A letter about a buy-back came in the post - what now
We read this document automatically. If something looks wrong, the original is the one that counts.