Eaton Vance California Municipal Bond Fund Report Of Earnings

        Eaton Vance California Municipal Bond Fund Report Of Earnings

PR Newswire

BOSTON, March 8, 2013

BOSTON, March 8, 2013 /PRNewswire/ --Eaton Vance California Municipal Bond
Fund (NYSE MKT: EVM) (the "Fund"), a closed-end management investment company,
today announced the earnings of the Fund for the three months ended December
31, 2012. The Fund's fiscal year ends on September 30, 2013.

For the three months ended December 31, 2012, the Fund had net investment
income of $3,754,100 ($0.173 per share). In comparison, for the three months
ended December 31, 2011, the Fund had net investment income of $4,121,344
($0.189 per share).

Net realized and unrealized gains for the three months ended December 31, 2012
were $86,466 ($0.004 per share). In comparison, net realized and unrealized
gains for the three months ended December 31, 2011 were $2,344,993 ($0.108 per
share).

On December 31, 2012, net assets of the Fund were $282,635,988. The net asset
value per share on December 31, 2012 was $12.99 based on 21,756,186 shares
outstanding. In comparison, on December 31, 2011, net assets of the Fund were
$257,199,638. The net asset value per share on December 31, 2011 was $11.82
based on 21,751,730 shares outstanding.

The Fund periodically makes certain performance data and information about
portfolio characteristics available on www.eatonvance.com (on the fund
information page under "Individual Investors – Closed-End Funds"). Fund
portfolio holdings for the most recent month-end are also posted to the
website approximately 30 days following month-end.

The Fund is managed by Eaton Vance Management, a subsidiary of Eaton Vance
Corp. (NYSE: EV), based in Boston, one of the oldest investment management
firms in the United States, with a history dating back to 1924. Eaton Vance
and its affiliates managed $247.8 billion in assets as of January 31, 2013,
offering individuals and institutions a broad array of investment strategies
and wealth management solutions. The Company's long record of providing
exemplary service and attractive returns through a variety of market
conditions has made Eaton Vance the investment manager of choice for many of
today's most discerning investors. For more information about Eaton Vance,
visit www.eatonvance.com.

EATON VANCE CALIFORNIA MUNICIPAL BOND FUND
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                                              

                                              Three Months Ended
                                              December 31,
                                              2012         2011
Net investment income                         $   3,754  $   4,121
Net realized and unrealized gains (losses)
 on investments                              86           2,345
 Net increase (decrease) in net assets
  from operations                            $   3,840  $   6,466
Earnings per Share Outstanding
Net investment income                        $   0.173  $   0.189
Net realized and unrealized gains (losses)
 on investments                              0.004        0.108
 Net increase (decrease) in net assets
  from operations                            $   0.177  $   0.297
Net Asset Value at December 31
 Net assets                                  $ 282,636    $ 257,200
 Shares outstanding                          21,756       21,752
 Net asset value per share outstanding        $   12.99  $   11.82
Market Value Summary
 Market price on NYSE MKT at December 31      $   12.14  $   12.82
 High market price (period ended December 31) $   12.92  $   12.85
 Low market price (period ended December 31)  $   12.08  $   11.80



SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investors, +1-800-262-1122
 
Press spacebar to pause and continue. Press esc to stop.