EIM - Eaton Vance Municipal Bond Fund
Printed from CEF Radar (cefradar.com). Source: public filings at the U.S. Securities and Exchange Commission. Last checked: Nov 2, 2026, 12:36 a.m. New York time.
A closed-end fund run by Eaton Vance. Invests in tax-free municipal bonds. Listed on the New York Stock Exchange.
Is anyone targeting this fund?
Not right now - Karpus was in this fund until March 6, 2026 and has since sold down.
Is the fund doing anything you need to act on?
Nothing right now.
What this means for you
Karpus owned more than 5% of this fund and has since sold down below that level, so it no longer has to report its holding.
Nothing is required of you. If a large investor buys in again, the notice appears here the day it is filed.
What happened, and when
In the fund's last buy-back (results filed Sept 8, 2025), holders offered 24.6% of all shares and the fund bought about 20 of every 100 shares offered, so holders who took part got only part of what they offered. Results of the last buy-back →
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March 6, 2026
Karpus sold down below 5% and stopped reporting.
Original document → -
Feb 13, 2026
Karpus cut its stake to 6.8% (from 10.9%), as a passive investor.
Original document → -
Nov 14, 2025
Karpus cut its stake to 10.9% (from 13.5%), as a passive investor.
Original document → -
Sept 8, 2025
The buy-back ended; holders offered 24.6% of all shares and the fund paid $10.1002 a share.
Original document → -
Sept 5, 2025
The buy-back ended; the fund paid $10.1002 a share.
Original document →
Show all 19 events
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Aug 14, 2025
Karpus raised its stake to 13.5% (from 12.3%), as a passive investor.
Original document → -
Aug 6, 2025
The fund offered to buy back 5% of its shares at 98% of value, until Sept 4, 2025.
Original document → -
May 14, 2025
Karpus cut its stake to 12.3% (from 13.7%), as a passive investor.
Original document → -
Jan 14, 2025
The buy-back ended; holders offered 26.9% of all shares and the fund paid $10.7664 a share.
Original document → -
Jan 13, 2025
The buy-back ended; the fund paid $10.7664 a share.
Original document → -
Jan 7, 2025
The fund added to its buy-back offer documents; it still runs until Jan 9, 2025.
Original document → -
Dec 10, 2024
The fund offered to buy back 5% of its shares at 98% of value, until Jan 9, 2025.
Original document → -
Aug 8, 2024
Karpus cut its stake to 13.7% (from 20.3%), as a passive investor.
Original document → -
May 10, 2024
Karpus raised its stake to 20.3% (from 20.2%), as a passive investor.
Original document → -
May 6, 2024
Karpus filed an updated notice; it still owns 20.2%. It has said it may push for changes.
Original document → -
April 15, 2024
Karpus raised its stake to 20.2% (from 20%). It has said it may push for changes.
Original document → -
March 7, 2024
Karpus raised its stake to 20% (from 18.7%). It has said it may push for changes.
Original document → -
March 6, 2024
Karpus raised its stake to 18.7% (from 15.3%). It has said it may push for changes.
Original document → -
Jan 19, 2024
Karpus now owns 15.3%. It has said it may push for changes.
Original document →
About this fund
- Run by Eaton Vance Management. Part of the Eaton Vance fund family. As of Sept 30, 2025, from the fund's yearly report. Original document →
- Size: about $547 million of holdings, as of June 30, 2026. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Borrowing: the fund borrows about 31% on top of its own money, as of June 30, 2026. Borrowed money makes gains and losses bigger. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- Costs: 0.9% a year in management fees; 2.3% a year in total, including interest on borrowed money. Fiscal year ended Sept 30, 2025.
As of Sept 30, 2025, from the fund's yearly report. Original document →
Among the 76 funds we follow that invest in tax-free municipal bonds, 67 charge a lower management fee and 16 charge less in total, at their last yearly reports. Both numbers are measured against the fund's own money, not the money it borrows on top, so a fund that borrows more shows higher costs on both counts. - Payouts: last fiscal year the fund told the regulator that part of what it paid out was not income (it came from gains or from your own money back). Most funds announce their monthly or quarterly payout on their own website, not in a filing with the regulator, so a cut or a raise there does not show up here until the next yearly report. A few funds do file a notice about a fixed payout; those appear under What happened, and when. As of Sept 30, 2025, from the fund's yearly report. Original document →
- Value of holdings per share at the last fiscal year end (Sept 30, 2025): $10.65. The shares traded at $9.94, about 6.7% below that. As of Sept 30, 2025, from the fund's yearly report. Original document →
- How the holdings did: up 3.6% over the last three months we have (April-June 2026), before the share price is taken into account. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- First reported to the regulator in 2002.
What a holder made
- The holdings over the last twelve months we have, to June 30, 2026: +8.9%. The quarterly reports carry no share price, so this is the holdings alone; the yearly report, once filed and read, adds what the shares returned. As of June 30, 2026, from the fund's quarterly holdings report. Original document →
- A past year says nothing about the next one. All figures are the fund's own, from its reports to the regulator.
Why the shares and the holdings can differ: the gap between price and value. Why payouts count: a payout that is your own money back.
What the fund holds
All tax-free municipal bonds (100%). All of it issued in the U.S.
- County of Miami-Dade FL, Miami-Dade Cnty FL Professional Sports Franchise Facs Tax Re - 3.7%
- Massachusetts Development Finance Agency, Massachusetts St Dev Fin Agy Revenue - 3.3%
- New York Transportation Development, New York St Transprtn Dev Corp Spl Fac Revenue - 2.4%
- Harris County-Houston Sports Authority, Harris Cnty-Houston TX Sports Auth - 2.4%
- E-470 Public Highway Authority - 2.4%
- State of Illinois, Illinois St - 2.4%
- County of Nassau NY, Nassau Cnty NY - 2.2%
- New York City Municipal Water Finance Authority, New York City NY Muni Wtr Fin Auth Wtr & Swr Sys Revenue - 2%
- State of Michigan Trunk Line Revenue, Michigan St Trunk Line - 2%
- District of Columbia Income Tax Revenue, Dist of Columbia Income Tax Secured Revenue - 2%
Show all 25
- San Francisco City & County Airport Comm-San Francisco International Airport, San Francisco CA City &Cnty Arpts Commn Intl Arpt Rev - 2%
- City of San Antonio TX Electric & Gas Systems Revenue, San Antonio TX Elec & Gas Revenue - 2%
- Massachusetts Bay Transportation Authority Sales Tax Revenue, Massachusetts St Bay Transprtn Auth Sales Tax Revenue - 2%
- Prosper Independent School District, Prosper TX Indep Sch Dist - 1.9%
- Board of Water Commissioners City & County of Denver/The, Denver City & Cnty Co Brd of Wtr Commissioners Wtr Revenue - 1.9%
- North Texas Municipal Water District Water System Revenue, N Texas St Muni Wtr Dist Wtr Sys Revenue - 1.9%
- Omaha Public Power District, Omaha NE Public Pwr Dist Elec Revenue - 1.9%
- Washington Metropolitan Area Transit Authority Dedicated Revenue, Washington DC Met Area Transit Auth Dedicated Revenue - 1.9%
- Salt River Project Agricultural Improvement & Power District, Salt River AZ Proj Agric Impt& Pwr Dist Elec Sys Revenue - 1.9%
- Commonwealth of Massachusetts, Massachusetts St - 1.9%
- Commonwealth of Massachusetts Transportation Fund Revenue, Massachusetts St Transprtn Fund Revenue - 1.9%
- Washington & Multnomah Counties School District No 48J Beaverton - 1.9%
- New Caney Independent School District, New Caney TX Indep Sch Dist - 1.9%
- Leander Independent School District, Leander TX Indep Sch Dist - 1.9%
- County of DeKalb GA Water & Sewerage Revenue, DE Kalb Cnty GA Wtr & Swr Revenue - 1.8%
As of June 30, 2026, from the fund's quarterly holdings report. Original document →
Details: all notices, events and fund facts
| Date | Investor | Stake | Type of notice |
|---|---|---|---|
| March 6, 2026 | Karpus | 5% | Sold down below 5% |
| Feb 13, 2026 | Karpus | 6.8% | Updated notice |
| Nov 14, 2025 | Karpus | 10.9% | Updated notice |
| Aug 14, 2025 | Karpus | 13.5% | Updated notice |
| May 14, 2025 | Karpus | 12.3% | Updated notice |
| Aug 8, 2024 | Karpus | 13.7% | Updated notice |
| May 10, 2024 | Karpus | 20.3% | Updated notice |
| May 6, 2024 | Karpus | 20.2% | Updated notice |
| April 15, 2024 | Karpus | 20.2% | Updated notice |
| March 7, 2024 | Karpus | 20% | Updated notice |
| March 6, 2024 | Karpus | 18.7% | Updated notice |
| Jan 19, 2024 | Karpus | 15.3% | May push for changes |
| Date | What | Deadline | Document |
|---|---|---|---|
| Sept 8, 2025 | Buy-back results | none | Original document → |
| Sept 5, 2025 | Buy-back results | none | Original document → |
| Aug 6, 2025 | Offer to buy back shares | Sept 4, 2025 | Original document → |
| Jan 14, 2025 | Buy-back results | none | Original document → |
| Jan 13, 2025 | Buy-back results | none | Original document → |
| Jan 7, 2025 | Buy-back offer updated | Jan 9, 2025 | Original document → |
| Dec 10, 2024 | Offer to buy back shares | Jan 9, 2025 | Original document → |
- Run by
- Eaton Vance Management
- Fund family
- EATONVANCE
- Exchange
- New York Stock Exchange
- Regulator's file number
- 811-21142
- Auditor
- Deloitte & Touche LLP
- Fiscal year end
- Sept 30, 2025
- Number of holdings
- 178
- Preferred share classes
- none
See this fund's page at the SEC →
Email me when something new is filed for EIM
Free. One email when a large investor files a notice, or when the fund announces a buy-back, a vote or a closing - usually within a day. No password. Most funds announce payout changes on their own website, where we do not look.