Eaton Vance California Municipal Bond Fd (EVM) to Issue Monthly Dividend of $0.04

Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) declared a monthly dividend on Friday, February 2nd, Wall Street Journal reports. Investors of record on Wednesday, February 21st will be paid a dividend of 0.0395 per share by the investment management company on Wednesday, February 28th. This represents a $0.47 annualized dividend and a yield of 4.45%. The ex-dividend date is Tuesday, February 20th.

Eaton Vance California Municipal Bond Fd (NYSEAMERICAN:EVM) opened at $10.65 on Thursday. Eaton Vance California Municipal Bond Fd has a 52-week low of $10.54 and a 52-week high of $12.89.

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Eaton Vance California Municipal Bond Fd Company Profile

Eaton Vance California Municipal Bond Fund is a non-diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from federal income tax, including alternative minimum tax (AMT) and California personal income tax. The Funds may invest in residual interest bonds, also referred to as inverse floating rate securities, whereby it may sell a variable or fixed rate bond for cash to a Special-Purpose Vehicle (the SPV), while at the same time, buying a residual interest in the assets and cash flows of the SPV.

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