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Upturn AI SWOT - About
EVM 
Eaton Vance California MBF (EVM)
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Upturn Advisory Summary
08/14/2025: 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.
Number of Analysts
0 Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
Analysis of Past Performance
Type Stock | Historic Profit -6.31% | Avg. Invested days 45 | 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 08/14/2025 |
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 (MBF) is a closed-end management investment company. Its inception date and significant milestones are not readily available in public summaries. Its focus is on providing current income exempt from federal and California income taxes.
Core Business Areas
- Municipal Bond Investments: MBF invests primarily in California municipal bonds to generate tax-exempt income. Their primary focus is on providing a reliable income stream for investors within California.
Leadership and Structure
As a closed-end fund managed by Eaton Vance (now part of Morgan Stanley Investment Management), the fund's leadership falls under the umbrella of the larger asset management firm. Specific details regarding the fund's manager(s) and organizational structure are within Eaton Vance's management framework.
Top Products and Market Share
Key Offerings
- California Municipal Bond Portfolio: MBF's primary product is a portfolio of California municipal bonds designed to provide tax-exempt income to California residents. Market share data for individual closed-end funds is less relevant than overall AUM and performance relative to peers. Competitors include other California municipal bond funds such as Nuveen California Quality Municipal Fund (NAC) and BlackRock California Municipal Income Trust (BFZ).
Market Dynamics
Industry Overview
The municipal bond market is influenced by factors such as interest rates, tax laws, and the creditworthiness of municipal issuers. Demand is often driven by investors seeking tax-advantaged income.
Positioning
MBF is positioned as a provider of tax-exempt income for California residents. Its competitive advantage lies in its experience and management team.
Total Addressable Market (TAM)
The TAM for municipal bonds is in the trillions of dollars. MBF's position is a small slice of this TAM, focusing specifically on the California market.
Upturn SWOT Analysis
Strengths
- Experienced management team (Eaton Vance)
- Focus on California municipal bonds
- Tax-exempt income for California residents
Weaknesses
- Vulnerability to interest rate changes
- Reliance on the California municipal bond market
- Closed-end fund structure can lead to trading at a discount to NAV
Opportunities
- Increasing demand for tax-advantaged investments
- Potential for capital appreciation in undervalued municipal bonds
- Expansion of investment strategies within the municipal bond market
Threats
- Rising interest rates
- Changes in tax laws
- Deterioration of California's credit rating
- Increased competition from other municipal bond funds
Competitors and Market Share
Key Competitors
- NAC
- BFZ
- VCA
Competitive Landscape
MBF competes with other closed-end funds and ETFs that invest in California municipal bonds. Its advantages may include a longer track record or a lower expense ratio. Disadvantages may include smaller AUM or trading at a wider discount to NAV.
Growth Trajectory and Initiatives
Historical Growth: Growth is primarily driven by reinvestment of income and changes in the value of the underlying bond portfolio.
Future Projections: Projections are highly dependent on interest rate forecasts and the performance of the California municipal bond market. Analyst estimates may be available from financial data providers.
Recent Initiatives: Information about recent strategic initiatives are difficult to ascertain without access to Eaton Vance internal data. Initiatives might include optimizing portfolio allocation or managing expenses.
Summary
Eaton Vance California MBF provides California residents with tax-exempt income through a portfolio of municipal bonds. Its performance is linked to the California bond market and interest rates. Its strengths are its focused investment approach and experienced manager, while it is vulnerable to market volatility and changes in regulations. It must remain competitive with similar funds to maintain investor appeal.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Morningstar
- Eaton Vance Fund Filings (where applicable)
- SEC.gov
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market share estimates are approximate and may vary. Always consult with a financial advisor before making investment decisions.
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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