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Eaton Vance California Municipal Bond Fund Ii
Eaton Vance California Municipal Bond Fund II (ETCAX) is a closed-end management investment company. It is listed on the NASDAQ stock exchange and primarily invests in long-term municipal securities issued by California state and local governments.
Its primary investment objective is to provide its shareholders with current income exempt from regular federal income tax consistent with prudent investment management. The fund may also seek capital appreciation as a secondary objective.
ETCAX is managed by Eaton Vance Management, a subsidiary of Eaton Vance Corp., which is a well-known and experienced asset management firm.
As of December 31, 2021, the fund's net assets amounted to $1.4 billion, and its distribution yield was 3.16%. You can find more detailed information about the portfolio, performance, and other relevant data in the fund's latest annual and semi-annual reports, which are available on Eaton Vance's official website or the SEC's EDGAR database.
It is essential to consider that investing in closed-end funds involves specific risks, such as discounts or premiums to net asset value, potential liquidity issues, and fluctuating share prices. It is always recommended to consult with a financial advisor or conduct thorough independent research before investing in a particular fund.