Eaton Vance California Municipal Income Trust Shares of Beneficial Interest
Key Metrics
- Previous Close
- $10.69
- 52-Week Range
- $9.45 – $10.84
- Market Cap
- $76.24M
- P/E (TTM)
- 10.52
- EPS (TTM)
- 1.03
- Dividend Yield
- 5.54%
Advanced Metrics
- Price/Book
- 0.98
- PEG Ratio
- —
- Return on Equity
- 9.50%
- Return on Assets
- 2.28%
- Gross Margin
- 100.00%
- Operating Margin
- 83.24%
- Profit Margin
- 143.07%
- Current Ratio
- 0.20
- Debt/Equity
- 0.51
- Total Debt
- $39.60M
- Free Cash Flow
- $7.90M
- Revenue Growth
- 3.70%
- Earnings Growth
- —
- Enterprise Value
- —
Market Snapshot
About
Eaton Vance California Municipal Income Trust (CEV) is a closed-end investment fund based in the United States, known for its focus on generating income from municipal bonds within California.
The trust invests predominantly in the fixed income markets. Its primary objective is to provide current income exempt from federal income tax and, for California residents, California state personal income tax. The fund seeks to achieve this by investing in a portfolio of municipal debt securities issued by various public entities within California. These securities finance projects in sectors such as education, healthcare, housing, transportation, and public utilities.
Managed by Eaton Vance Management since its formation in 1999, the trust operates as a closed-end fund. This structure means it issues a fixed number of shares which are publicly traded on an exchange. The trust's investment strategy focuses on managing credit, interest rate, and other market risks while targeting tax-advantaged income for its shareholders through its curated portfolio of California municipal obligations.