Eaton Vance California Municipal Bond Fund

Market Movers (8-K)

Eaton Vance California Municipal Bond Fund announced the appointment of Scott E. Wennerholm as Chairperson of its Board of Trustees for a four-year term.
Eaton Vance California Municipal Bond Fund announces the unexpected passing of its Board Chairperson and a subsequent reduction in board size.
Worse than expected
Eaton Vance California Municipal Bond Fund has formally eliminated its Control Share Provisions from its bylaws, effective October 10, 2024.

Insider Trading (Form 4)

Saba Capital Management, L.P. has fully liquidated its 4,544,380 common stock shares in Eaton Vance California Municipal Bond Fund at $9.61 per share.
Saba Capital Management, a 10% owner and director, has acquired an additional 30,805 shares of Eaton Vance California Municipal Bond Fund (EVM) for $8.83 per share.
Better than expected
Saba Capital Management, a 10% owner and director, has increased its indirect beneficial ownership in Eaton Vance California Municipal Bond Fund by purchasing 12,660 shares of common stock.
Better than expected
Saba Capital Management, L.P. and Boaz Weinstein have reported an increase in their beneficial ownership of Eaton Vance California Municipal Bond Fund common stock through a recent purchase.
Saba Capital Management, a 10% owner and director, has increased its beneficial ownership in Eaton Vance California Municipal Bond Fund through recent common stock purchases.
Better than expected
Saba Capital Management, L.P., a 10% owner and director, has reported additional purchases of common stock in Eaton Vance California Municipal Bond Fund (EVM), significantly increasing its beneficial ownership.
Better than expected

Proxy Statements (Def-14A)

Eaton Vance California Municipal Bond Fund and Eaton Vance New York Municipal Bond Fund have filed definitive additional materials for their proxy statement.
Eaton Vance California and New York Municipal Bond Funds seek shareholder approval for liquidation, citing small size and activist investor pressure.
Eaton Vance California and New York Municipal Bond Funds urge shareholders to reject Saba Capital's nominees and support the current board to protect long-term value.
Eaton Vance California and New York Municipal Bond Funds release a definitive proxy statement for shareholders.
Eaton Vance California and New York Municipal Bond Funds urge shareholders to vote for their trustee nominees to protect against activist hedge fund Saba Capital's short-term interests.
Eaton Vance California and New York Municipal Bond Funds filed definitive additional materials, including slides presented to Institutional Shareholder Services Inc. on August 9, 2024.

Schedule 13D - Activist Investments

Saba Capital Management and its affiliates have fully liquidated their holdings in Eaton Vance California Municipal Bond Fund following the Issuer's share liquidation on October 27, 2025.
Sit Investment Associates and Sit Fixed Income Advisors II have increased their beneficial ownership in Eaton Vance California Municipal Bond Fund to 16.5%.
Eaton Vance California Municipal Bond Fund's Board approved a liquidation proposal, subject to shareholder approval, following an agreement with activist investor Saba Capital Management, L.P., which will withdraw its shareholder proposals.
Sit Investment Associates, Inc. and Sit Fixed Income Advisors II, LLC have filed an Amendment No. 8 to their Schedule 13D, reporting an increased beneficial ownership of 15.5% in Eaton Vance California Municipal Bond Fund, following significant share purchases.
Saba Capital Management, L.P. has significantly increased its stake in Eaton Vance California Municipal Bond Fund to 17.51% and initiated a proxy contest to terminate the fund's investment advisory agreement and elect a new slate of six independent trustees.
Worse than expected
Saba Capital Management, L.P. and its affiliates have increased their beneficial ownership in Eaton Vance California Municipal Bond Fund to 17.29% through recent open market purchases.