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Upturn AI SWOT - About
EVM 
Eaton Vance California MBF (EVM)
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Upturn Advisory Summary
10/15/2025: EVM (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 4.91% | Avg. Invested days 48 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  2.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/15/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 218.85M USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta 0.56 | 52 Weeks Range 8.49 - 9.81 | Updated Date 06/29/2025 |
52 Weeks Range 8.49 - 9.81 | Updated Date 06/29/2025 | ||
Dividends yield (FY) 5.64% | Basic EPS (TTM) -0.09 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -15.98% | Operating Margin (TTM) 79.44% |
Management Effectiveness
Return on Assets (TTM) 2.04% | Return on Equity (TTM) -0.91% |
Valuation
Trailing PE - | Forward PE - | Enterprise Value 313231936 | Price to Sales(TTM) 15.39 |
Enterprise Value 313231936 | Price to Sales(TTM) 15.39 | ||
Enterprise Value to Revenue 38.57 | Enterprise Value to EBITDA - | Shares Outstanding 24672900 | Shares Floating - |
Shares Outstanding 24672900 | Shares Floating - | ||
Percent Insiders - | Percent Institutions 50.96 |
Upturn AI SWOT
Eaton Vance California MBF
Company Overview
History and Background
Eaton Vance California Municipal Bond Fund (Eaton Vance California MBF) is a closed-end management investment company. While specific founding details and milestones require further research for exact dates, it operates under the broader Eaton Vance umbrella, a company with a long history in asset management. The fund focuses on providing current income exempt from federal and California income taxes.
Core Business Areas
- Municipal Bond Investments: The fund invests primarily in California municipal bonds to generate tax-exempt income for its shareholders.
Leadership and Structure
As a closed-end fund managed by Eaton Vance, the leadership structure falls under the overall Eaton Vance (now part of Morgan Stanley Investment Management) organization. Portfolio managers are responsible for the day-to-day investment decisions.
Top Products and Market Share
Key Offerings
- California Municipal Bond Fund: Eaton Vance California MBF offers investors a vehicle to access California municipal bonds, providing tax-exempt income. Market share information for individual closed-end funds is not typically tracked or published in the same way as for mutual funds or ETFs. Competitors include other California-focused municipal bond funds managed by firms like BlackRock, Nuveen, and Franklin Templeton.
Market Dynamics
Industry Overview
The municipal bond market is driven by interest rates, credit quality, and tax policy. Demand is influenced by investor desire for tax-exempt income, particularly in high-tax states like California.
Positioning
Eaton Vance California MBF is positioned as a specialized fund targeting California municipal bonds for tax-exempt income. Its competitive advantage lies in its focus on this specific market segment and the expertise of Eaton Vance in managing municipal bond portfolios.
Total Addressable Market (TAM)
The total addressable market consists of all California municipal bonds outstanding. This is in the hundreds of billions of dollars. Eaton Vance California MBF has a relatively small portion of this TAM.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for California residents
- Experienced management team
- Focus on a specific market segment
Weaknesses
- Vulnerability to interest rate fluctuations
- Concentration in California municipal bonds
- Closed-end fund structure (potential discount to NAV)
Opportunities
- Increasing demand for tax-exempt income
- Potential for capital appreciation in a favorable interest rate environment
- Expansion of product offerings within the municipal bond space
Threats
- Rising interest rates
- Credit risk of California municipal bonds
- Changes in tax laws reducing the attractiveness of municipal bonds
Competitors and Market Share
Key Competitors
- BlackRock (BLK)
- Nuveen (JQC, for example)
- Franklin Templeton (BEN)
Competitive Landscape
Eaton Vance California MBF competes with other established asset managers in the municipal bond space. Its advantages include its focus on California and the Eaton Vance brand. Disadvantages include the risk associated with being a closed-end fund and potential size limitations compared to larger competitors.
Growth Trajectory and Initiatives
Historical Growth: Historical growth depends on market conditions and fund performance.
Future Projections: Future projections depend on interest rate forecasts and economic conditions in California.
Recent Initiatives: Recent initiatives depend on fund managements actions which requires to be sourced from various financial data providers
Summary
Eaton Vance California MBF is a specialized closed-end fund providing tax-exempt income to California residents. The fund's strength lies in its niche focus and experienced management. However, it faces risks from interest rate fluctuations and California's economic conditions. Its growth depends on the demand for tax-exempt income and favorable market conditions.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance (now Morgan Stanley Investment Management) Website
- SEC Filings
- Financial News Outlets
- Morningstar
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Investment decisions should be based on individual circumstances and consultation with a qualified financial advisor. Market share estimates are approximate and may vary depending on the source.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Eaton Vance California MBF
Exchange NYSE MKT | Headquaters Boston, MA, United States | ||
IPO Launch date 2002-08-28 | CEO - | ||
Sector Financial Services | Industry Asset Management | Full time employees - | |
Full time employees - | |||
Eaton Vance California Municipal Bond Fund is a close-ended fixed income mutual fund launched and managed by Eaton Vance Management. The fund invests in the fixed income market of United States. It invests primarily in high grade municipal obligations comprising of various industries, such as general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education. The fund was formerly known as Eaton Vance Insured California Municipal Bond Fund. Eaton Vance California Municipal Bond Fund was formed in 2002 and is domiciled in United States.
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