Welcome to our dedicated page for Eaton Vance California Municipal Income Trust SEC filings (Ticker: CEV), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Eaton Vance California Municipal Income Trust (CEV) SEC filings page provides access to the trust’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. CEV is a non-diversified closed-end investment company incorporated in Massachusetts, with common shares of beneficial interest listed on NYSE American under the ticker CEV. Its stated objective is to provide current income exempt from regular federal income tax and California state personal income taxes through investments in California municipal obligations and some exposure to corporate bonds.
Through this page, users can review key filings that describe how the trust reports material events and complies with federal securities regulations. Current reports on Form 8-K are especially relevant for tracking governance and structural developments. Recent 8-K filings have disclosed the unexpected passing of a former Chairperson of the Board of Trustees, the designation of an acting Chairperson, a reduction in the size of the Board, and the later appointment of a new Chairperson for a four-year term.
In addition to 8-Ks, investors may consult the trust’s periodic reports, such as annual and quarterly filings, to understand its portfolio of California municipal obligations and corporate bond exposure, as well as its approach to generating tax-exempt income. On Stock Titan, AI-powered tools can help summarize lengthy filings, highlight key sections, and clarify the implications of governance changes, investment focus, and other disclosed information.
This page is intended for users who want a structured view of CEV’s regulatory history, including exchange listing details, jurisdiction of incorporation, and formal disclosures about Board leadership and fund operations as reported to the SEC.
Eaton Vance California Municipal Income Trust (CEV) focuses on generating tax-exempt income from California municipal bonds while using leverage through residual interest bond financing. For the 12 months ended November 30, 2025, the Fund returned 0.79% at net asset value, lagging the 2.64% gain of the Bloomberg Municipal Bond Index, though the market price return was 4.59% as shares traded at a 6.42% discount to NAV.
The portfolio is concentrated in California general obligation and education-related municipal bonds, with total investments of about $117.8 million and net assets of $78.9 million. Leverage via residual interest bond financing was 32.31% of total assets, boosting income but also adding volatility. Net investment income was $3.07 million, essentially offset by realized and unrealized losses.
The Fund paid total distributions of $0.60 per share during the year, with a distribution rate at NAV of 5.35% and a taxable-equivalent distribution rate of 11.66%, supported mainly by tax-exempt income plus a return of capital component. The adviser reports no material changes to the Fund’s objectives or principal strategies since the prior year and highlights ongoing risks from interest rates, credit quality, leverage, and California-specific economic conditions.
The filing amends prior Schedule 13D disclosures to report that Saba Capital Management, L.P., together with Saba Capital Management GP, LLC and Boaz R. Weinstein, beneficially own 336,013 common shares of Eaton Vance California Municipal Income Trust (CEV), equal to 4.78% of the outstanding shares based on 7,033,575 shares outstanding as of May 31, 2025. The reporting persons state approximately $3,633,548 was paid to acquire the shares and that funds came from investor subscriptions, capital appreciation and margin borrowings. The filing indicates shared voting and dispositive power over the 336,013 shares and incorporates a Schedule A for open-market transactions occurring between the prior amendment and October 1, 2025.
Eaton Vance California Municipal Income Trust reported a board leadership change. Effective August 27, 2025, the Board of Trustees appointed Scott E. Wennerholm as Chairperson of the Board for a 4-year term. He replaces Susan J. Sutherland, who had served as acting Chairperson since August 9, 2025 following the passing of the former Chairperson of the Board. This is a governance update and does not change the fund’s stated securities listing or structure.
Eaton Vance California Municipal Income Trust reported that its Board chairperson, Mark R. Fetting, unexpectedly passed away on August 9, 2025. Susan J. Sutherland is now serving as acting Chairperson of the Board. Effective August 12, 2025, the Board reduced its size from ten to nine members, reflecting the vacancy created by Mr. Fetting’s passing.
Eaton Vance California Municipal Income Trust (CEV) is the subject of Amendment No. 9 to a Schedule 13D/A filed by Saba Capital Management, Saba Capital Management GP, LLC and Boaz R. Weinstein. The Reporting Persons jointly disclose beneficial ownership of 364,458 common shares, equal to 5.18% of the class based on 7,033,575 shares outstanding as disclosed by the issuer. The filing states approximately $3,941,144 was paid to acquire the reported shares, with funds coming from investor subscriptions, capital appreciation and margin borrowings. The Reporting Persons report shared voting and dispositive power over the shares and list Item 4 (purpose) as Not Applicable. The amendment updates Items 3, 5 and 7 and incorporates open-market transactions in Schedule A.
Amendment No. 7 to Schedule 13D filed on 06/30/2025 reveals that Saba Capital Management, L.P., its general partner Saba Capital Management GP, LLC, and portfolio manager Boaz R. Weinstein (together, the “Reporting Persons”) now beneficially own 565,481 common shares of Eaton Vance California Municipal Income Trust (ticker CEV), representing 8.04 % of the fund’s outstanding shares (7,033,575 as of 12/30/24).
• Voting/Dispositive power: All shares are held with shared voting and shared dispositive power; none are held solely.
• Cost basis: Approximately $6.11 million was paid to acquire the position, funded through investor subscriptions, capital appreciation and ordinary-course margin borrowings.
• Amended items: The filing updates Items 3 (Source of Funds), 5 (Interest in Securities) and 7 (Exhibits).
The Reporting Persons have not stated a specific purpose for the investment (Item 4 marked “Not Applicable”) and report no related contracts, arrangements or legal proceedings. Transactions executed within the 60-day window preceding 06/27/2025 are detailed in Schedule A (not included in the excerpt).
This 13D (rather than a passive 13G) formally discloses an ownership level above the 5 % threshold, giving Saba Capital the status of an “insider” under Section 13 of the Exchange Act and providing it the ability to influence corporate actions subject to future disclosures.