XCEVX

About XCEVX

Eaton Vance California Municipal Income Trust is a closed-end fund focused on providing current income that is exempt from both regular federal income tax and California state personal income taxes. The fund achieves this by primarily investing in municipal bonds issued within California, making it particularly relevant for investors seeking tax-advantaged income who reside in the state. Its portfolio is actively managed, with the management team purchasing and selling securities to maintain a competitive yield and to capitalize on opportunities within the municipal markets. Distributions are made on a monthly basis, typically derived from net investment income after the payment of any preferred share dividends. The fund plays a notable role in serving investors who are sensitive to taxes, offering a means to generate regular income while minimizing tax liabilities. Furthermore, as a closed-end fund, its shares may trade at premiums or discounts relative to their net asset value, providing an additional dynamic to its market behavior. Eaton Vance California Municipal Income Trust is managed by experienced professionals and is part of a larger suite of municipal income products offered by Eaton Vance Management and Morgan Stanley Investment Management.