EVM Profile
Eaton Vance California Municipal Bond Fund, managed by Eaton Vance Management, operates as a closed-ended fixed income mutual fund focused on the U.S. fixed income market. Specializing in high-grade municipal obligations, the fund targets investments across diverse sectors including general obligations, hospital facilities, electric utilities, transportation infrastructure, water and sewer projects, public education institutions, and private educational facilities.
Originally known as Eaton Vance Insured California Municipal Bond Fund, the fund underwent a name change to Eaton Vance California Municipal Bond Fund, reflecting its strategic evolution and continued commitment to municipal bond investments. Since its formation in 2002, the fund has established itself as a reliable investment vehicle for investors seeking income generation and potential tax advantages through municipal bond investments.
Based in the United States, Eaton Vance California Municipal Bond Fund benefits from Eaton Vance Management's extensive expertise in fixed income investing. The fund adheres to a disciplined investment approach, leveraging opportunities in municipal bonds issued by entities across California, aiming to provide stable returns while managing risk effectively in the dynamic municipal bond market.
With a mandate to invest primarily in high-quality municipal securities, Eaton Vance California Municipal Bond Fund plays a pivotal role in offering investors exposure to essential sectors of California's economy. Its domicile in the United States underscores its local market knowledge and strategic positioning within the municipal bond investment landscape.
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