Filing Details
- Accession Number:
- 0001048703-19-000063
- Form Type:
- 13D Filing
- Publication Date:
- 2019-07-29 09:26:52
- Filed By:
- Karpus Management, Inc.
- Company:
- Eaton Vance Municipal Bond Fund (NYSEMKT:EIM)
- Filing Date:
- 2019-07-29
- SEC Url:
- 13D Filing
Ownership Summary
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Karpus Investment Management | 555,662 | 124,930 | 9,901,660 | 124,930 | 9,901,660 | 12.4% |
George W. Karpus | 555,662 | 680,592 | Less than 1% |
Filing
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D
(Rule 13d-101)
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO § 240.13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
§ 240.13d-2(a)
(Amendment No. 3)
1
Eaton Vance Municipal Bond Fund
(Name of Issuer)
Common Stock
(Title of Class of Securities)
27827X101
(CUSIP Number)
Daniel L. Lippincott, CFA, Senior Tax-Sensitive Manager
Karpus Management, Inc.
d/b/a Karpus Investment Management
183 Sully’s Trail
Pittsford, New York 14534
(585) 586-4680
Adam W. Finerman, Esq.
Olshan Frome Wolosky LLP
1325 Avenue of the Americas
New York, New York 10019
(212) 451-2300
Authorized to Receive Notices and Communications)
July 23, 2019
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box x.
Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See § 240.13d-7 for other parties to whom copies are to be sent.
_______________
1 The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
CUSIP NO.
27827X101
1 | NAME OF REPORTING PERSON
Karpus Investment Management
| ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) x (b) o | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS WC | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | POWER
9,901,660
| |
8 | SHARED VOTING POWER
-
| ||
9 | SOLE DISPOSITIVE POWER
9,901,660
| ||
10 | SHARED DISPOSITIVE POWER
-
| ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
9,901,660
| ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
12.4%
| ||
14 | TYPE OF REPORTING PERSON IA |
CUSIP NO.
27827X101
1 | NAME OF REPORTING PERSON
George W. Karpus
| ||
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP | (a) x (b) o | |
3 | SEC USE ONLY | ||
4 | SOURCE OF FUNDS WC, PF | ||
5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) | ¨ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION NEW YORK | ||
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER
555,662*
| |
8 | SHARED VOTING POWER
124,930*
| ||
9 | SOLE DISPOSITIVE POWER
555,662*
| ||
10 | SHARED DISPOSITIVE POWER
124,930*
| ||
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
680,592*
| ||
12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES | o | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
Less than 1%
| ||
14 | TYPE OF REPORTING PERSON IN |
CUSIP NO.
27827X101
Item 3. | Source and Amount of Funds or Other Consideration. |
Item 3 is hereby amended and restated as follows:
Karpus, an independent registered investment advisor, has accumulated
9,901,660
Shares on behalf of accounts that are managed by Karpus (the “Accounts”) under limited powers of attorney, which represents
12.4%
of the outstanding Shares. All funds that have been utilized in making such purchases for the Accounts (which are open market purchases unless otherwise noted) are from such Accounts.
The aggregate purchase price of the
9,901,660
Shares beneficially owned by Karpus Investment Management is approximately
$118,646,261, excluding brokerage commissions. Such Shares were purchased with working capital (which may at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases except as otherwise noted.
The aggregate purchase price of the
680,592
Shares held by Mr. Karpus and the Karpus Entities
is approximately
$8,376,156, excluding brokerage commissions. Such Shares were purchased with working capital (which may at any given time, include margin loans made by brokerage firms in the ordinary course of business) in open market purchases except as otherwise noted.
CUSIP NO.
27827X101
Item 4. | Purpose of Transaction. |
Karpus, an indepependent registered investment advisor, with a specialty focus in closed-end funds, believes that the profile of the Issuer fit the investment guidelines for various Accounts. Shares have been acquired since
November 15, 2013.
CUSIP NO.
27827X101
Item 5. | Interest in Securities of the Issuer. |
Item 5 is hereby amended and restated as follows:
The aggregate percentage of Shares reported owned by each Reporting Person is based upon
79,726,520
Shares outstanding, which is the total number of Shares outstanding as of
June 28, 2019
as communicated by the Issuer.
CUSIP NO.
27827X101
SIGNATURES
After reasonable inquiry and to the best of his knowledge and belief, the undersigned certifies that the information set forth in this statement is true, complete and correct.
Dated:
July 29, 2019
KARPUS MANAGEMENT, INC. | |||
By: | /s/ Daniel L. Lippincott, CFA | ||
Name: | Daniel L. Lippincott, CFA | ||
Title: | Director of Investment Personnel and Senior Tax-Sensitive Manager |
/s/ George W. Karpus | |
GEORGE W. KARPUS |
CUSIP NO.
27827X101
SCHEDULE B
Transactions in the Shares over the last 60 days.
Nature of the Transaction | Securities Purchased/(Sold) | Price Per Share($) | Date of Purchase / Sale |
KARPUS MANAGEMENT, INC., D/B/A/ KARPUS INVESTMENT MANAGEMENT
(THROUGH THE ACCOUNTS)
(THROUGH THE ACCOUNTS)
Sale of Common Stock
|
(20,700)
|
$12.57
|
6/14/2019
|
Sale of Common Stock
|
(14,300)
|
$12.66
|
6/17/2019
|
Purchase of Common Stock
|
88,500
|
$16.91
|
6/20/2019
|
Purchase of Common Stock
|
6,100
|
$12.43
|
6/21/2019
|
Purchase of Common Stock
|
8,425
|
$12.45
|
6/24/2019
|
Purchase of Common Stock
|
71,087
|
$12.51
|
6/25/2019
|
Purchase of Common Stock
|
15,000
|
$12.47
|
6/26/2019
|
Purchase of Common Stock
|
143,890
|
$12.48
|
6/27/2019
|
Purchase of Common Stock
|
37,382
|
$12.47
|
6/28/2019
|
Sale of Common Stock
|
(3,171)
|
$12.42
|
7/1/2019
|
Sale of Common Stock
|
(1,136)
|
$12.40
|
7/2/2019
|
Purchase of Common Stock
|
99,508
|
$12.47
|
7/5/2019
|
Purchase of Common Stock
|
5,000
|
$12.41
|
7/8/2019
|
Purchase of Common Stock
|
20,557
|
$12.46
|
7/9/2019
|
Purchase of Common Stock
|
2,623
|
$12.51
|
7/10/2019
|
Purchase of Common Stock
|
29,126
|
$12.58
|
7/12/2019
|
Purchase of Common Stock
|
500
|
$12.56
|
7/15/2019
|
Purchase of Common Stock
|
19,800
|
$12.55
|
7/16/2019
|
Purchase of Common Stock
|
43,614
|
$12.61
|
7/17/2019
|
Purchase of Common Stock
|
51,814
|
$12.69
|
7/19/2019
|
Purchase of Common Stock
|
33,100
|
$12.66
|
7/22/2019
|
Purchase of Common Stock
|
93,803
|
$17.16
|
7/23/2019
|
| |||
|