SIT Investment Associates Files 13D/A for ENX

TL;DR

SIT Investment Associates updated their 13D filing for ENX. Watch for changes.

AI Summary

SIT Investment Associates Inc. filed Amendment No. 5 to its Schedule 13D on October 8, 2024, regarding its holdings in Eaton Vance New York Municipal Bond Fund (ENX). The filing indicates a change in the reporting person's status or holdings, but specific details on the nature of the change or dollar amounts are not provided in this excerpt.

Why It Matters

This filing signals a potential shift in the ownership or strategy of a significant shareholder in the Eaton Vance New York Municipal Bond Fund, which could impact the fund's future performance and investor sentiment.

Risk Assessment

Risk Level: medium — Schedule 13D filings often indicate significant changes in beneficial ownership, which can lead to increased volatility or strategic shifts in the subject company.

Key Players & Entities

• SIT Investment Associates Inc. (company) — Filing Person
• Eaton Vance New York Municipal Bond Fund (company) — Subject Company
• ENX (company) — Ticker Symbol
• Paul E. Rasmussen (person) — Authorized Contact

FAQ

Filing Documents

• sit241061_sc13da.htm (SC 13D/A) — 70KB
• 0000897101-24-000527.txt ( ) — 72KB

Interest in Securities of the

ITEM 5 Interest in Securities of the Issuer

of Schedule 13D is hereby amended to read as follows

Item 5 of Schedule 13D is hereby amended to read as follows: a) The aggregate percentage of Shares reported owned by Sit Entities herein is based upon 17,961,289 Shares outstanding as of as of March 31, 2024, which is the total number of Shares outstanding as reported in the Issuer's Report on Form N-CSRS filed with the Securities Exchange Commission. As of the date hereof, the Sit Entities may be deemed to be the beneficial owner of 2,198,327 Shares held in client accounts which represent 12.2% of the Issuer's outstanding Shares. b) Each of the Sit Entities may be deemed to have shared power to vote and dispose of such Shares. However, none of SIA's or SFI's directors or executive officers own Shares directly. c) Transactions in Shares by the Sit Entities in the last 60 days are set forth in Exhibit A. d) The clients of SIA and SFI have the right to participate in the receipt of dividends from, or proceeds from the sales of, the Shares held for their respective accounts. e) Not applicable

Materials to be Filed as Exhibits

ITEM 7 Materials to be Filed as Exhibits Exhibit A: Schedule of Transactions in Shares by Sit Entities in the last 60 days. Signature After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete, and correct. October 8, 2024 By: Sit Investment Associates, Inc. /s/ Roger J. Sit Name/Title: Roger J. Sit, Chairman & CEO By: Sit Fixed Income Advisors II, LLC /s/ Roger J. Sit Name/Title: Roger J. Sit, Chairman & CEO EXHIBIT A Schedule of Transactions in Shares by Sit Entities in the last 60 days: Date of Transaction Transaction Shares of Common Stock Price Per Share 10/02/2024 BUY 3,500 10.02 10/07/2024 BUY 10,000 9.83

View Full Filing

View this SC 13D/A filing on SEC EDGAR