Karpus Management Amends Eaton Vance Muni Bond Fund Filing
Ticker: EIM · Form: SC 13D/A · Filed: May 6, 2024 · CIK: 1176984
| Field | Detail |
|---|---|
| Company | Eaton Vance Municipal Bond Fund (EIM) |
| Form Type | SC 13D/A |
| Filed Date | May 6, 2024 |
| Risk Level | medium |
| Pages | 6 |
| Reading Time | 7 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, ownership-change, municipal-bonds
TL;DR
Karpus Management updated its stake in Eaton Vance Muni Bond Fund. Watch for more details.
AI Summary
Karpus Management, Inc. filed an amendment (Amendment No. 4) to its Schedule 13D on May 6, 2024, regarding its beneficial ownership of Eaton Vance Municipal Bond Fund. The filing indicates a change in the reporting person's holdings, though specific new dollar amounts or percentages are not detailed in this excerpt. The filing is an update to previous disclosures concerning the common shares of the fund.
Why It Matters
This filing updates ownership information for a significant investment fund, potentially signaling changes in strategy or holdings that could impact other investors.
Risk Assessment
Risk Level: medium — Schedule 13D filings often indicate significant investor activity, which can lead to price volatility or strategic shifts in the target company.
Key Players & Entities
- Karpus Management, Inc. (company) — Reporting person filing amendment
- Eaton Vance Municipal Bond Fund (company) — Subject company
- Daniel L. Lippincott (person) — President and Chief Investment Officer of Karpus Management, Inc.
- Adam W. Finerman, Esq. (person) — Legal counsel for Karpus Management, Inc.
FAQ
What specific changes in beneficial ownership are detailed in this Amendment No. 4?
This excerpt does not provide specific new dollar amounts or percentages of beneficial ownership, only that an amendment has been filed.
When was the previous filing made by Karpus Management, Inc. regarding this fund?
The filing is an amendment (Amendment No. 4), implying previous filings were made, but the date of the prior filing is not specified in this excerpt.
What is the CUSIP number for Eaton Vance Municipal Bond Fund's common shares?
The CUSIP number is 27827X101.
What is the business address of Karpus Management, Inc.?
The business address is 183 Sully's Trail, Pittsford, New York 14534.
Who is listed as legal counsel for Karpus Management, Inc. in this filing?
Adam W. Finerman, Esq. from BakerHostetler is listed as legal counsel.
Filing Stats: 1,842 words · 7 min read · ~6 pages · Grade level 10.2 · Accepted 2024-05-06 17:08:32
Filing Documents
- karpus-sch13d_18820.htm (SC 13D/A) — 102KB
- exh99-1_18820.htm (EX-99.1) — 102KB
- sigs.jpg (GRAPHIC) — 140KB
- image_008.gif (GRAPHIC) — 2KB
- 0001072613-24-000424.txt ( ) — 402KB
Contracts,
Item 6. Contracts, Arrangements, Understandings or Relationships With respect to the Issuer . Item 6 is hereby amended to add the following: On May 2, 2024, Karpus and Eaton Vance Management entered into the Agreement described in Item 4 above and attached as Exhibit 99.1 hereto. The description set forth in Item 4 is incorporated by reference herein.
Material
Item 7. Material to be Filed as Exhibits . Item 7 is hereby amended to add the following exhibit: Exhibit No. Description 99.1 Standstill Agreement, by and among Karpus and Eaton Vance Management, dated May 1, 2024. CUSIP No.27827X101 13D Page 5 of 6 Pages SIGNATURE After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct. Dated: May 6, 2024 KARPUS MANAGEMENT, INC. By: /s/ Daniel L. Lippincott Name: Daniel L. Lippincott Title: President and Chief Investment Officer CUSIP No. 27827X101 13D Page 6 of 6 Pages SCHEDULE A Executive Officers & Directors of Karpus Management, Inc., d/b/a Karpus Investment Management Name Position & Present Principal Occupation
Business
Owned Kathleen Finnerty Crane Chief Financial Officer 183 Sully’s Trail, Pittsford, New York 14534 17,000 Shares Thomas Michael Duffy Senior Vice President and Director of Operations 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Daniel Lee Lippincott President and Chief Investment Officer 183 Sully’s Trail, Pittsford, New York 14534 5,000 Shares Jodi Lee Hedberg Chief Compliance Officer 183 Sully’s Trail, Pittsford, New York 14534 0 Shares Thomas Wayne Griffith Director 17 East Market Street, West Chester, Pennsylvania 19382 80 0 Shares Carlos Manuel Yuste Director 17 East Market Street, West Chester, Pennsylvania 19382 0 Shares