[SCHEDULE 13D/A] Eaton Vance New York Municipal Bond Fund SEC Filing
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC report beneficial ownership of 2,792,476 shares of Eaton Vance New York Municipal Bond Fund common stock, representing 15.6% of the outstanding shares based on 17,961,289 shares reported outstanding as of March 31, 2025. The reported shares are held in client accounts for which the Sit entities share voting and dispositive power, and clients retain rights to dividends and proceeds from sales of those shares. This amendment updates the prior Schedule 13D filings and confirms that none of the Sit entities' directors or executive officers own the shares directly.
Sit Investment Associates, Inc. e Sit Fixed Income Advisors II, LLC segnalano la proprietà effettiva di 2.792.476 azioni del capitale sociale ordinario di Eaton Vance New York Municipal Bond Fund, pari al 15,6% delle azioni in circolazione su un totale di 17.961.289 azioni riportate in circolazione al 31 marzo 2025. Le azioni dichiarate sono detenute in conti di clienti per i quali le entità Sit condividono il potere di voto e dispositivi, mentre i clienti mantengono i diritti sui dividendi e sui proventi derivanti dalla vendita di tali azioni. Questa modifica aggiorna i precedenti depositi Schedule 13D e conferma che nessuno dei direttori o dirigenti delle entità Sit possiede direttamente le azioni.
Sit Investment Associates, Inc. y Sit Fixed Income Advisors II, LLC informan la propiedad beneficiosa de 2.792.476 acciones de las acciones ordinarias de Eaton Vance New York Municipal Bond Fund, lo que representa el 15,6% de las acciones en circulación sobre 17.961.289 acciones reportadas en circulación al 31 de marzo de 2025. Las acciones reportadas están mantenidas en cuentas de clientes para las cuales las entidades Sit comparten el poder de voto y dispositivo, y los clientes conservan los derechos sobre dividendos y los ingresos de la venta de esas acciones. Esta enmienda actualiza las presentaciones previas del Schedule 13D y confirma que ninguno de los directores u oficiales ejecutivos de las entidades Sit posee las acciones directamente.
Sit Investment Associates, Inc. 및 Sit Fixed Income Advisors II, LLC는 Eaton Vance New York Municipal Bond Fund의 보통주 2,792,476주의 실소유를 보고하며, 이는 2025년 3월 31일 현재 보고된 발행주식수 17,961,289주를 기준으로 발행주식의 15.6%에 해당합니다. 보고된 주식은 Sit 계열이 의결권 및 처분권을 공유하는 고객 계좌에 보관되어 있으며, 고객은 해당 주식의 배당 및 매각대금에 대한 권리를 보유합니다. 이 수정보고서는 이전의 Schedule 13D 제출을 갱신한 것이며, Sit 계열의 이사나 임원이 해당 주식을 직접 보유하고 있지 않음을 확인합니다.
Sit Investment Associates, Inc. et Sit Fixed Income Advisors II, LLC déclarent la propriété bénéficiaire de 2 792 476 actions des actions ordinaires d'Eaton Vance New York Municipal Bond Fund, représentant 15,6 % des actions en circulation sur la base de 17 961 289 actions déclarées en circulation au 31 mars 2025. Les actions déclarées sont détenues sur des comptes clients pour lesquels les entités Sit partagent le pouvoir de vote et de disposition, tandis que les clients conservent les droits aux dividendes et aux produits des ventes de ces actions. Cette modification met à jour les dépôts antérieurs du Schedule 13D et confirme qu'aucun des administrateurs ou dirigeants des entités Sit ne possède les actions directement.
Sit Investment Associates, Inc. und Sit Fixed Income Advisors II, LLC melden wirtschaftliches Eigentum an 2.792.476 Aktien der Stammaktien des Eaton Vance New York Municipal Bond Fund, was 15,6% der ausstehenden Aktien auf Basis von 17.961.289 am 31. März 2025 gemeldeten ausstehenden Aktien entspricht. Die gemeldeten Aktien werden in Kundenkonten gehalten, für die die Sit-Gesellschaften Stimm- und Verfügungsgewalt teilen, während die Kunden die Rechte auf Dividenden und Erlöse aus dem Verkauf dieser Aktien behalten. Diese Änderung aktualisiert die früheren Schedule-13D-Einreichungen und bestätigt, dass keiner der Direktoren oder leitenden Angestellten der Sit-Gesellschaften die Aktien direkt besitzt.
- Material stake disclosed: Sit entities report beneficial ownership of 2,792,476 shares (15.6%), improving transparency for investors
- Shared voting/dispositive power disclosed, clarifying the governance influence held via client accounts
- No statements of intent or plans regarding voting strategy or proposed actions, limiting insight into potential governance changes
- Exhibit A referenced but not included here, so recent transaction details for the last 60 days are not available in this text
Insights
TL;DR: Sit entities hold a significant 15.6% stake via client accounts, which could influence governance without direct officer ownership.
The disclosure shows an institutional stake large enough to be meaningful to other shareholders and the board, at 15.6% of the fund's outstanding shares. Because the shares are held in client accounts with shared voting and dispositive power, Sit may coordinate voting but does not report direct ownership by executives, which limits insider-alignment signals. No transactions detail is included here beyond a reference to Exhibit A; recent trades in the last 60 days would be needed to assess accumulation or disposition trends. Overall, the filing is material for shareholder composition but provides limited information on intent or voting plans.
TL;DR: A 15.6% beneficial position held with shared voting power is material to governance but shows no direct insider ownership.
The Sit entities' shared voting power over a sizeable block could affect proxy outcomes, especially in a closed-end fund context where activist or large advisory positions matter. The filing does not state any proposal, agreement, or plan to change control or board composition. Absence of direct holdings by executives reduces conflict-of-interest signals, but the report indicates clients receive dividends and sale proceeds, confirming economic exposure. Investors should review Exhibit A for recent transaction timing to understand whether this represents accumulation or a stable client allocation.
Sit Investment Associates, Inc. e Sit Fixed Income Advisors II, LLC segnalano la proprietà effettiva di 2.792.476 azioni del capitale sociale ordinario di Eaton Vance New York Municipal Bond Fund, pari al 15,6% delle azioni in circolazione su un totale di 17.961.289 azioni riportate in circolazione al 31 marzo 2025. Le azioni dichiarate sono detenute in conti di clienti per i quali le entità Sit condividono il potere di voto e dispositivi, mentre i clienti mantengono i diritti sui dividendi e sui proventi derivanti dalla vendita di tali azioni. Questa modifica aggiorna i precedenti depositi Schedule 13D e conferma che nessuno dei direttori o dirigenti delle entità Sit possiede direttamente le azioni.
Sit Investment Associates, Inc. y Sit Fixed Income Advisors II, LLC informan la propiedad beneficiosa de 2.792.476 acciones de las acciones ordinarias de Eaton Vance New York Municipal Bond Fund, lo que representa el 15,6% de las acciones en circulación sobre 17.961.289 acciones reportadas en circulación al 31 de marzo de 2025. Las acciones reportadas están mantenidas en cuentas de clientes para las cuales las entidades Sit comparten el poder de voto y dispositivo, y los clientes conservan los derechos sobre dividendos y los ingresos de la venta de esas acciones. Esta enmienda actualiza las presentaciones previas del Schedule 13D y confirma que ninguno de los directores u oficiales ejecutivos de las entidades Sit posee las acciones directamente.
Sit Investment Associates, Inc. 및 Sit Fixed Income Advisors II, LLC는 Eaton Vance New York Municipal Bond Fund의 보통주 2,792,476주의 실소유를 보고하며, 이는 2025년 3월 31일 현재 보고된 발행주식수 17,961,289주를 기준으로 발행주식의 15.6%에 해당합니다. 보고된 주식은 Sit 계열이 의결권 및 처분권을 공유하는 고객 계좌에 보관되어 있으며, 고객은 해당 주식의 배당 및 매각대금에 대한 권리를 보유합니다. 이 수정보고서는 이전의 Schedule 13D 제출을 갱신한 것이며, Sit 계열의 이사나 임원이 해당 주식을 직접 보유하고 있지 않음을 확인합니다.
Sit Investment Associates, Inc. et Sit Fixed Income Advisors II, LLC déclarent la propriété bénéficiaire de 2 792 476 actions des actions ordinaires d'Eaton Vance New York Municipal Bond Fund, représentant 15,6 % des actions en circulation sur la base de 17 961 289 actions déclarées en circulation au 31 mars 2025. Les actions déclarées sont détenues sur des comptes clients pour lesquels les entités Sit partagent le pouvoir de vote et de disposition, tandis que les clients conservent les droits aux dividendes et aux produits des ventes de ces actions. Cette modification met à jour les dépôts antérieurs du Schedule 13D et confirme qu'aucun des administrateurs ou dirigeants des entités Sit ne possède les actions directement.
Sit Investment Associates, Inc. und Sit Fixed Income Advisors II, LLC melden wirtschaftliches Eigentum an 2.792.476 Aktien der Stammaktien des Eaton Vance New York Municipal Bond Fund, was 15,6% der ausstehenden Aktien auf Basis von 17.961.289 am 31. März 2025 gemeldeten ausstehenden Aktien entspricht. Die gemeldeten Aktien werden in Kundenkonten gehalten, für die die Sit-Gesellschaften Stimm- und Verfügungsgewalt teilen, während die Kunden die Rechte auf Dividenden und Erlöse aus dem Verkauf dieser Aktien behalten. Diese Änderung aktualisiert die früheren Schedule-13D-Einreichungen und bestätigt, dass keiner der Direktoren oder leitenden Angestellten der Sit-Gesellschaften die Aktien direkt besitzt.
FAQ
How many Eaton Vance New York Municipal Bond Fund (ENX) shares do the Sit entities beneficially own?
What is the total number of ENX shares outstanding used to calculate the 15.6%?
Do Sit's directors or executive officers own the reported shares directly?
Do the Sit entities have voting and dispositive power over the shares?
Are recent transactions in ENX by the Sit entities disclosed here?
