Eaton Vance California Municipal Bond Fund (EVM)
Eaton Vance California Municipal Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $9.61, up 1.56% on the session, giving a market capitalisation of $237.1M. On trailing twelve-month figures it carries a trailing P/E of 7.22, a net margin of 229.9%. Its beta of 0.58 implies it has historically moved less than the broad market.
The Eaton Vance California Municipal Bond Fund is a closed-end investment vehicle operating under the management of Eaton Vance Management. Its primary objective is to allocate capital within the U.S. fixed-income market, with a specific focus on acquiring high-quality municipal debt. These municipal bonds are drawn from a wide array of sectors, encompassing general obligation bonds, healthcare (hospital) facilities, essential utilities (such as electric, water, and sewer services), transportation infrastructure, and both public and private educational institutions. Formed in 2002, this fund was originally known as the Eaton Vance Insured California Municipal Bond Fund and is officially registered in the United States.
Eaton Vance California Municipal Bond Fund is most often compared with the following Financial Services names: