Eaton Vance California Municipal Bond Fund
EVM
About: Eaton Vance California Municipal Bond Fund is an investment company with an objective to provide current income exempt from regular federal income tax, including alternative minimum tax, and, in state specific funds, taxes in its specified state. The company provides its solutions to individual investors, institutional investors, high net worth individuals, family office investors, and financial professionals. It offers a range of equity, income, and alternative strategies to institutional investors, both in the United States and internationally.
Fund manager confidence
Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)
67% more first-time investments, than exits
New positions opened: 5 | Existing positions closed: 3
4% more funds holding
Funds holding: 47 [Q1] → 49 (+2) [Q2]
2.32% more ownership
Funds ownership: 47.05% [Q1] → 49.37% (+2.32%) [Q2]
1% more capital invested
Capital invested by funds: $108M [Q1] → $109M (+$1.06M) [Q2]
13% less repeat investments, than reductions
Existing positions increased: 14 | Existing positions reduced: 16
100% less funds holding in top 10
Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]
Financial journalist opinion