Eaton Vance California Municipal Income Trust (CEV) Stock Price, News & Analysis

Company Overview

Eaton Vance California Municipal Income Trust is a closed-end management investment company that seeks to provide shareholders with a high level of current income exempt from regular federal income tax and California personal income tax. The trust primarily invests in investment-grade municipal securities issued by state and local governmental entities, with a portfolio focus on California debt obligations. Its tax-exempt income objective makes it a specialized option for investors in higher tax brackets seeking steady tax-advantaged distributions.

The trust’s portfolio typically includes a diversified mix of general obligation bonds, revenue bonds and essential-service obligations that finance public utilities, transportation, education and healthcare facilities within California. To enhance diversification and manage risk, it may also hold out-of-state municipal bonds and employ leverage through the issuance of preferred shares or unsecured debt, subject to its investment guidelines. Portfolio construction emphasizes credit quality, maturity structure and sector diversification to balance income generation with prudent risk management.

Since its inception in the early 1970s, Eaton Vance California Municipal Income Trust has been managed by Eaton Vance Advisers, a subsidiary of Morgan Stanley Investment Management following Morgan Stanley’s acquisition of Eaton Vance in 2021. The trust is overseen by a board of trustees that maintains fiduciary responsibility for policy and governance, while an experienced team of municipal bond specialists implements day-to-day portfolio management.

Traded on the New York Stock Exchange under the ticker CEV, the trust serves individual and institutional investors seeking tax-efficient income solutions tied to California’s municipal debt market. Its dedicated emphasis on state-specific bonds, combined with the resources of a global asset manager, positions it as a targeted choice for those aiming to enhance after-tax cash flow through quality tax-exempt investments.

Key Stats

• Today's Range: $10.02 to $10.12
• 50-Day Range: $9.85 to $10.55
• 52-Week Range: $9.35 to $10.78
• Volume: 5,378 shs
• Average Volume: 20,263 shs
• Market Capitalization: $71.11 million
• P/E Ratio: N/A
• Dividend Yield: 5.14%
• Price Target: N/A
• Consensus Rating: N/A

Company Calendar

• Record date for 4/24 Dividend: 4/14/2026
• Ex-Dividend for 4/24 Dividend: 4/14/2026
• Dividend Payable: 4/24/2026
• Record date for 5/26 Dividend: 5/14/2026
• Ex-Dividend for 5/26 Dividend: 5/14/2026
• Today: 5/22/2026
• Dividend Payable: 5/26/2026
• Fiscal Year End: 11/30/2026

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Investment offices, not elsewhere classified
• Sub-Industry: Financial Services
• Current Symbol: NYSE:CEV
• CIK: 1074692
• Web: funds.eatonvance.com
• Phone: (617) 482-8260
• Fax: N/A
• Employees: N/A
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): N/A
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: N/A
• Quick Ratio: N/A

Sales & Book Value

• Annual Sales: $418.33 thousand
• Price / Sales: 170.00
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: N/A
• Price / Book: N/A

Miscellaneous

• Outstanding Shares: 7,034,000
• Free Float: N/A
• Market Cap: $71.11 million
• Optionable: Not Optionable
• Beta: 0.59