Eaton Vance Insured Municipal Bond Fund Shares Up 17.8% Since SmarTrend's Buy Recommendation (EIM)
SmarTrend identified an Uptrend for Eaton Vance Insured Municipal Bond Fund (AMEX:EIM) on December 27th, 2011 at $12.71. In approximately 12 months, Eaton Vance Insured Municipal Bond Fund has returned 17.78% as of today's recent price of $14.97.
Eaton Vance Insured Municipal Bond Fund share prices have moved between a 52-week high of $15.25 and a 52-week low of $12.34 and are now trading 21% above that low price at $14.97 per share. Over the last five market days, the 200-day moving average (MA) has remained constant while the 50-day MA has advanced 0.2%.
Eaton Vance Insured Municipal Bond Fund is a non-diversified, closed-end management investment company incorporated in the USA. The Fund's objective is to provide current income exempt from federal income tax, including alternative minimum tax. The Fund invests primarily in high grade municipal obligations that are insured as to the timely payment of principal and interest.
SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Eaton Vance Insured Municipal Bond Fund shares.
Log in and add Eaton Vance Insured Municipal Bond Fund (EIM) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.
Keywords: spotlights amex:eim eaton vance insured municipal bond fund