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Upturn AI SWOT - About
EVM 
Eaton Vance California MBF (EVM)
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Upturn Advisory Summary
06/30/2025: EVM (1-star) is currently NOT-A-BUY. Pass it for now.
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
Analysts rated it
Very few follow this stock; limited insights, higher-risk early investing.
1 Year Target Price $0
1 Year Target Price $0
| 0 | Strong Buy |
| 0 | Buy |
| 0 | Hold |
| 0 | Sell |
| 0 | Strong Sell |
Analysis of Past Performance
Type Stock | Historic Profit 0% | Avg. Invested days 0 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 06/30/2025 |
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 |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Eaton Vance California MBF
Company Overview
History and Background
Eaton Vance California Municipal Bond Fund (MBF) is a closed-end investment fund. It's managed by Eaton Vance Management. These funds typically invest in municipal bonds to provide income exempt from federal and, in this case, California state income tax. Specific founding year and significant milestones are tied to the fund's inception date, which is prior to 2020.
Core Business Areas
- Municipal Bond Investments: Primary business is investing in California municipal bonds. They select bonds based on credit quality, maturity, and other factors to generate tax-exempt income for shareholders.
Leadership and Structure
As a closed-end fund, MBF is managed by a team at Eaton Vance Management, which is ultimately part of Morgan Stanley Investment Management.
Top Products and Market Share
Key Offerings
- California Municipal Bond Fund (MBF): A closed-end fund focusing on providing federally and California state tax-exempt income by investing in California municipal bonds. Market share data for individual closed-end funds is generally not publicly available. Competitors are other closed-end California municipal bond funds and open-end California municipal bond mutual funds.
Market Dynamics
Industry Overview
The municipal bond market is influenced by interest rates, credit ratings, and tax policies. Demand for municipal bonds tends to increase when investors seek tax-advantaged income.
Positioning
MBF is positioned to offer California residents tax-exempt income. Competitive advantages could include expertise in California municipal bond selection and efficient fund management.
Total Addressable Market (TAM)
TAM is the total value of the California municipal bond market. MBF is positioned to capture a portion of the market by attracting investors seeking tax-exempt income.
Upturn SWOT Analysis
Strengths
- Tax-exempt income for California residents
- Experienced management team at Eaton Vance
- Diversified portfolio of California municipal bonds
Weaknesses
- Subject to interest rate risk
- Credit risk of municipal bonds
- Fluctuations in net asset value (NAV)
- Closed-end fund structure can lead to trading at a discount to NAV
Opportunities
- Increased demand for tax-exempt income in a rising tax environment
- Potential for capital appreciation if interest rates decline
- Expanding the investor base through marketing and distribution efforts
Threats
- Rising interest rates
- Credit downgrades of California municipal bonds
- Changes in tax laws that reduce the attractiveness of municipal bonds
- Increased competition from other tax-advantaged investment products
Competitors and Market Share
Key Competitors
- VFL (Nuveen California Municipal Value Fund)
- PCQ (PIMCO California Municipal Income Fund II)
- NKX (Nuveen California AMT-Free Quality Municipal Fund)
Competitive Landscape
MBF competes with other closed-end and open-end California municipal bond funds. Competitive advantages depend on factors like expense ratio, distribution rate, and NAV performance.
Growth Trajectory and Initiatives
Historical Growth: Growth depends on the fund's ability to generate income and maintain or increase its NAV. Historical growth can be assessed by analyzing NAV performance and distribution rates over time.
Future Projections: Future projections depend on interest rate trends, credit quality of California municipal bonds, and overall market conditions. Analyst estimates are not typically available for individual closed-end funds in the same way as for operating companies.
Recent Initiatives: Recent initiatives could include changes in portfolio allocation, expense ratio management, and marketing efforts to attract investors.
Summary
Eaton Vance California MBF offers California residents tax-exempt income through investments in municipal bonds. The fund is subject to interest rate and credit risk, and its performance depends on the expertise of its management team. Recent trends in interest rates could impact the fund's performance. Investors should carefully consider their risk tolerance and tax situation before investing in MBF.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Eaton Vance website
- Financial news websites
- SEC filings
Disclaimers:
This analysis is for informational purposes only and should not be considered financial advice. Investment decisions should be based on individual circumstances and consultation with a financial advisor.
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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