Overview
| as of May 17, 2013 | |
| Distribution Rate at NAV | 5.41% |
| Taxable-Equivalent Distribution Rate at NAV | 11.02% |
| Distribution Rate at Market Price | 5.58% |
| Taxable-Equivalent Distribution Rate at Market Price | 11.37% |
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | |
| 4/30/2013 | |||||||
|---|---|---|---|---|---|---|---|
| Fund at NAV | 1.89 | 1.12 | 2.89 | 11.92 | 10.89 | 6.80 | 5.61 |
| Market Price | 1.45 | -6.12 | -3.67 | 10.18 | 10.22 | 5.28 | 6.17 |
| 3/31/2013 | |||||||
| Fund at NAV | -1.51 | 0.98 | 0.98 | 11.71 | 11.25 | 7.62 | 5.64 |
| Market Price | -4.57 | -5.04 | -5.04 | 11.86 | 10.00 | 6.40 | 6.03 |
| Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution pay date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than one year is cumulative. | |||||||
| Performance Inception | 11/29/2002 |
| Investment Objective | Current income |
| CUSIP | 27828C106 |
| Cynthia J. Clemson | Managed Fund since inception | ||
The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to investment risks, including possible loss of principal invested. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors.
The premium/discount is calculated as [(market price/NAV)-1].
Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.
Performance
| 1 Month | 3 Months | YTD | 1 Year | 3 Years | 5 Years | 10 Years | |
| 4/30/2013 | |||||||
|---|---|---|---|---|---|---|---|
| Fund at NAV | 1.89 | 1.12 | 2.89 | 11.92 | 10.89 | 6.80 | 5.61 |
| Market Price | 1.45 | -6.12 | -3.67 | 10.18 | 10.22 | 5.28 | 6.17 |
| 3/31/2013 | |||||||
| Fund at NAV | -1.51 | 0.98 | 0.98 | 11.71 | 11.25 | 7.62 | 5.64 |
| Market Price | -4.57 | -5.04 | -5.04 | 11.86 | 10.00 | 6.40 | 6.03 |
| Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when sold, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. The Fund's performance at market price will differ from its results at NAV. Returns are historical and are calculated by determining the percentage change in net asset value or market price (as applicable) with all distributions reinvested. Until the reinvestment of Fund distributions is completed, returns are calculated using the lower of the net asset value or market price of the shares on the distribution pay date. Once the reinvestment is complete, returns are calculated using the average reinvestment price. Performance less than one year is cumulative. | |||||||
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | |
| Fund at NAV | 9.17 | 5.09 | 7.65 | 10.48 | -2.69 | -30.78 | 35.81 | -2.67 | 21.46 | 18.48 |
| Market Price | 5.43 | 1.33 | 9.23 | 10.05 | -7.96 | -33.97 | 51.18 | 3.14 | 25.43 | 17.10 |
| Performance Inception | 11/29/2002 |
| as of May 17, 2013 | |
| Distribution Rate at NAV | 5.41% |
| Taxable-Equivalent Distribution Rate at NAV | 11.02% |
| Distribution Rate at Market Price | 5.58% |
| Taxable-Equivalent Distribution Rate at Market Price | 11.37% |
| Ex-Date | Distribution | Reinvest Price |
| Apr 19, 2013 | $0.06092 | $13.43 |
| Mar 19, 2013 | $0.06425 | $13.21 |
| Feb 19, 2013 | $0.06425 | $13.61 |
| Jan 22, 2013 | $0.06425 | $13.68 |
| Dec 20, 2012 | $0.06425 | $13.40 |
| Nov 20, 2012 | $0.06425 | $14.18 |
| Oct 22, 2012 | $0.06425 | $13.63 |
| Sep 19, 2012 | $0.06425 | $13.40 |
| Aug 22, 2012 | $0.06425 | $13.22 |
| Jul 20, 2012 | $0.06425 | $13.30 |
| View All | ||
| No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years. | ||
| Exempt-Interest Dividends | |||||||||
| Non-AMT | AMT | Total | Non-Qualified Ordinary Dividends | Capital Gain Distributions | Nondividend Distributions | Total Distributions | |||
| Distributions ($) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2012 | $0.77 | $0.00 | $0.77 | $0.00 | $0.00 | $0.00 | $0.77 | ||
| 2011 | $0.86 | $0.00 | $0.86 | $0.00 | $0.00 | $0.00 | $0.86 | ||
| 2010 | $0.86 | $0.00 | $0.86 | $0.00 | $0.00 | $0.00 | $0.86 | ||
| 2009 | $0.80 | $0.00 | $0.80 | $0.00 | $0.00 | $0.00 | $0.80 | ||
| 2008 | $0.70 | $0.00 | $0.70 | $0.00 | $0.00 | $0.00 | $0.70 | ||
| 2007 | $0.70 | $0.00 | $0.70 | $0.00 | $0.13 | $0.00 | $0.83 | ||
| 2006 | $0.74 | $0.00 | $0.74 | $0.00 | $0.00 | $0.00 | $0.74 | ||
| 2005 | $0.90 | $0.00 | $0.90 | $0.00 | $0.00 | $0.00 | $0.90 | ||
| Distributions (%) | |||||||||
| 2012 | 100.00% | 0.00% | 100.00% | 0.00% | 0.00% | 0.00% | 100.00% | ||
| 2011 | 99.47% | 0.00% | 99.47% | 0.53% | 0.00% | 0.00% | 100.00% | ||
| 2010 | 99.98% | 0.00% | 99.98% | 0.02% | 0.00% | 0.00% | 100.00% | ||
| 2009 | 99.97% | 0.00% | 99.97% | 0.03% | 0.00% | 0.00% | 100.00% | ||
| 2008 | 99.96% | 0.00% | 99.96% | 0.04% | 0.00% | 0.00% | 100.00% | ||
| 2007 | 84.28% | 0.00% | 84.28% | 0.00% | 15.72% | 0.00% | 100.00% | ||
| 2006 | 100.00% | 0.00% | 100.00% | 0.00% | 0.00% | 0.00% | 100.00% | ||
| 2005 | 100.00% | 0.00% | 100.00% | 0.00% | 0.00% | 0.00% | 100.00% | ||
| This data reflects distributions paid on Fund shares held for the full calendar year. Fund shareholders should refer to the individual IRS Form 1099-DIVs provided to them shortly after each year-end to determine the appropriate federal income tax treatment of the distributions they receive. Eaton Vance is not responsible for any errors in tax reporting that may result from using the above data. Exempt-interest dividends are not subject to regular federal income tax. Exempt-interest dividends derived from specified private activity bonds are subject to the alternative minimum tax (AMT). Non-qualified ordinary dividends are subject to federal income tax at ordinary rates. Capital gains distributions are taxable at long-term capital gain rates. Nondividend distributions, also known as return of capital distributions, are not subject to current federal income tax. Instead, the tax cost basis of each shareholder receiving a return of capital distribution is reduced by the amount of the distribution. | |||||||||
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to investment risks, including possible loss of principal invested. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors.
The premium/discount is calculated as [(market price/NAV)-1].
Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.
Portfolio
| Holding | Coupon Rate | Maturity Date | % of Net Assets |
| Clovis Unified School District | 0.00% | 08/01/2020 | 5.37% |
| Union Elementary School District | 0.00% | 09/01/2022 | 4.73% |
| City of Palo Alto CA | 5.00% | 08/01/2040 | 4.03% |
| Coast Community College District | 0.00% | 08/01/2035 | 3.97% |
| Arcadia Unified School District/CA | 0.00% | 08/01/2038 | 3.97% |
| San Joaquin Hills Transportation Corridor Agency | 0.00% | 01/15/2027 | 3.45% |
| Los Angeles County Metropolitan Transportation Authority | 5.00% | 07/01/2031 | 3.27% |
| Carlsbad Unified School District | 5.25% | 08/01/2032 | 3.27% |
| Puerto Rico Public Finance Corp | 5.50% | 08/01/2027 | 3.26% |
| California Health Facilities Financing Authority | 5.00% | 08/15/2039 | 3.03% |
| View All | |||
The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to investment risks, including possible loss of principal invested. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors.
The premium/discount is calculated as [(market price/NAV)-1].
Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.
Insights & Analysis
Quarterly Commentary
No commentary information is available.
The information included herein does not reflect securities deemed to be held by the Fund pursuant to financial accounting standard 140 (FAS 140).
The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Common shares of the Fund are only available for purchase and sale at current market price on a stock exchange. There is no assurance that the Fund will achieve its investment objective. The Fund is subject to investment risks, including possible loss of principal invested. The Fund is not a complete investment program and you may lose money investing in the Fund. An investment in the Fund may not be appropriate for all investors.
The premium/discount is calculated as [(market price/NAV)-1].
Links to Morningstar Fact Sheet and CEF Connect: By clicking on the link from this page to the Morningstar fact sheet or CEF Connect, you will leave the Eaton Vance website. Eaton Vance is not responsible for the content of any such third-party website. See “Terms and Conditions” below.
Attribution
No attribution information is available.
Management
Biography
Cynthia J. Clemson
Vice President, Co-Director of Municipal Investments, Eaton Vance Management
Joined Eaton Vance 1985
Cindy Clemson is a vice president of Eaton Vance Management,co-director of Municipal Investments and portfolio manager on Eaton Vance's municipal bond team.
Cindy has been in the investment management industry since 1985, when she joined Eaton Vance as a client service representative. She became a research assistant in the fixed-income department in 1987. In 1988, she became an investment analyst responsible for lower- and nonrated municipal issues and, in 1991, was named a portfolio manager.
Cindy earned a B.A. in 1985 from Mount Holyoke College and an M.B.A., cum laude, from Boston University in 1990. She is a member of the Boston Municipal Analysts Forum, the Boston Security Analysts Society, the Fixed Income Management Society, the Municipal Bond Buyer Conference and the National Federation of Municipal Analysts.
Education
- B.A. Mount Holyoke College
- M.B.A. Graduate School of Management, Boston University
Experience
- Managed Fund since inception
Fund Literature
Fund Literature
Holdings-1st or 3rd fiscal quarters-www.sec.gov
Fact Sheet
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- Last updated: Mar 31, 2013
Annual Report
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- Last updated: Sep 30, 2012
Semi-Annual Report
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Information Concerning APS Auctions & Dividend Rates
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- Last updated: May 16, 2013
APS Market Update
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- Last updated: Jan 8, 2013
Eaton Vance Closed-End Municipal Bond Funds Fund Data Now Available
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- Last updated: May 1, 2013
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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Eaton Vance Municipal Bond Funds Annual Meeting of Shareholders
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- Last updated: Apr 22, 2013
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Mar 28, 2013
Eaton Vance California Municipal Bond II Fund Report of Earnings
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- Last updated: Mar 8, 2013
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Feb 28, 2013
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Jan 31, 2013
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Dec 31, 2012
Eaton Vance California Municipal Bond II Fund Report of Earnings
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- Last updated: Dec 3, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Nov 30, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Oct 31, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Sep 28, 2012
Eaton Vance California Municipal Bond Fund II Report of Earnings
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- Last updated: Sep 7, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Aug 31, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Jul 31, 2012
Eaton Vance Combined Municipal Bond Funds Annual Meeting of Shareholders
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- Last updated: Jul 20, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Jun 29, 2012
Eaton Vance California Municipal Bond Fund II Report of Earnings
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- Last updated: Jun 22, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: May 31, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Apr 30, 2012
Eaton Vance Combined Municipal Bond Funds Annual Meeting of Shareholders
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- Last updated: Apr 23, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Mar 30, 2012
Eaton Vance California Municipal Bond Fund II Report of Earnings
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- Last updated: Mar 12, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Feb 29, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
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- Last updated: Jan 31, 2012
Eaton Vance California Municipal Bond Fund II Report of Earnings
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- Last updated: Jan 4, 2012
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
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- Last updated: Dec 30, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
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- Last updated: Nov 30, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
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- Last updated: Oct 31, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Sep 30, 2011
Eaton Vance California Municipal Bond Fund II Report of Earnings
-
Download
- Last updated: Sep 8, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Aug 31, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Jul 29, 2011
Eaton Vance Municipal Bond Funds Annual Meeting of Shareholders
-
Download
- Last updated: Jul 22, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Jun 30, 2011
Eaton Vance California Municipal Bond Fund II Report of Earnings
-
Download
- Last updated: Jun 10, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: May 31, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Apr 29, 2011
Eaton Vance Combined Municipal Bond Funds Annual Meeting of Shareholders
-
Download
- Last updated: Apr 25, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Mar 31, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Feb 28, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Jan 31, 2011
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Dec 31, 2010
Eaton Vance California Municipal Bond Fund II Report of Earnings
-
Download
- Last updated: Dec 22, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Nov 30, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Oct 29, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Sep 30, 2010
Eaton Vance California Municipal Bond Fund II Report of Earnings
-
Download
- Last updated: Sep 8, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Aug 31, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Jul 30, 2010
Eaton Vance Combined Municipal Bond Funds Annual Meeting of Shareholders
-
Download
- Last updated: Jul 23, 2010
Eaton Vance Municipal Bond Funds Declare Monthly Distributions
-
Download
- Last updated: Jun 30, 2010
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