Eaton Vance (EIM) Portfolio Manager Brandon R. Craig Sells 87,567 Shares

What Happened
Brandon R. Craig, listed as portfolio management for Eaton Vance Municipal Bond Fund (ticker: EIM), reported an open-market sale of 87,567 shares on 2026-09-17 at $9.12 per share, totaling approximately $798,646. The filing also shows a series of small "other acquisition" (code J) entries from 2025-10-31 through 2026-08-31 totaling roughly $47,443 in purchases (monthly amounts of ~400–460 shares at ~ $9.60–$10.03 per share). The large September transaction was a sale (often routine), while the prior J-coded entries represent non-standard acquisitions.

Key Details

• Primary sale: 2026-09-17 — 87,567 shares sold, $9.12/share, proceeds ≈ $798,646 (open market, code S).
• Prior acquisitions (code J): monthly entries from 2025-10-31 to 2026-08-31 (each ~424–462 shares; prices $9.58–$10.03; total ≈ $47,443).
• Shares owned after the reported sale: not specified in the filing.
• Filing date: 2026-09-18 for a 2026-09-17 transaction — appears timely (no late-filing flag).
• The filing does not indicate 10% owner status or special arrangements (other than the J-coded acquisitions).

Context

• Code J ("other acquisition or disposition") is commonly used for items such as dividend reinvestments or transfers; the filing does not spell out the exact mechanism.
• Open-market sales by portfolio managers can be routine (liquidity, personal tax or household needs) and do not necessarily reflect a view on the fund’s outlook.
• No option exercises, gifts, or tax-withholding events are reported in this Form 4.