secwatch.observer — SEC 8-K summary
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Issuer:     Eaton Vance Municipal Bond Fund (EIM)
CIK:        0001176984
Form:       8-K
Filed at:   2023-02-01T23:59:59+00:00
Accession:  0000940394-23-000231
Event type: regulatory
Sentiment:  neutral
Materiality: 0.55
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Eaton Vance closed-end fund boards exempt control share acquisitions after court ruling
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- Board voted Jan 26, 2023 to exempt all prior and new purchases from Control Share By-Law provisions, effective immediately.
- Massachusetts Superior Court ruled Jan 23, 2023 that Control Share By-Law violates Section 18(i) of the Investment Company Act.
- Court granted summary judgment for Saba Capital on rescission claim; denied breach-of-fiduciary-duty claim against trustees.
- Exemption applies to 22 listed Eaton Vance closed-end funds including EIM, EVM, CEV, EOI, EOS, and others.
- Litigation continues; Board will monitor legal developments and may take further action.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1176984/000094039423000231/0000940394-23-000231-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1176984/000094039423000231/eim8k.htm
  HTML page:      https://secwatch.observer/filing/0000940394-23-000231

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