Eaton Vance California Municipal Bond Fund II Report of Earnings

       Eaton Vance California Municipal Bond Fund II Report of Earnings

PR Newswire

BOSTON, Oct. 2, 2013

BOSTON, Oct. 2, 2013 /PRNewswire/ --Eaton Vance California Municipal Bond
Fund II (NYSE MKT: EIA) (the "Fund"), a closed-end management investment
company, today announced the earnings of the Fund for the three and nine-month
periods ended June 30, 2013. The Fund's fiscal year ends on September 30,
2013.

For the three months ended June 30, 2013, the Fund had net investment income
of $732,815 ($0.189 per common share). From this amount, the Fund paid
dividends on preferred shares of $15,614 (equal to $0.004 for each common
share), resulting in net investment income after the preferred dividends of
$717,201, or $0.185 per common share. The Fund's net investment income for the
nine months ended June 30, 2013 was $2,202,909 ($0.567 per common share,
before deduction of the preferred share dividends totaling $0.011 per common
share), resulting in net investment income after the preferred dividends of
$0.556 per common share. In comparison, for the three months ended June 30,
2012, the Fund had net investment income of $758,674 ($0.196 per common
share). From this amount, the Fund paid dividends on preferred shares of
$20,354 (equal to $0.005 for each common share), resulting in net investment
income after the preferred dividends of $738,320, or $0.191 per common share.
The Fund's net investment income for the nine months ended June 30, 2012 was
$2,265,261 ($0.584 per common share, before deduction of the preferred share
dividends totaling $0.012 per common share), resulting in net investment
income after the preferred dividends of $0.572 per common share.

Net realized and unrealized losses for the three months ended June 30, 2013
were $4,847,627 ($1.240 per common share). The Fund's net realized and
unrealized losses for the nine months ended June 30, 2013 were $5,032,858
($1.296 per common share). In comparison, net realized and unrealized gains
for the three months ended June 30, 2012 were $1,102,450 ($0.286 per common
share). The Fund's net realized and unrealized gains for the nine months ended
June 30, 2012 were $4,785,182 ($1.233 per common share).

On June 30, 2013, net assets of the Fund applicable to common shares were
$47,001,864. The net asset value per common share on June 30, 2013 was $12.10
based on 3,885,230 common shares outstanding. In comparison, on June 30,
2012, net assets of the Fund applicable to common shares were $50,230,789. The
net asset value per common share on June 30, 2012 was $12.93 based on
3,883,382 common 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 $268.8 billion in assets as of July 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 II
SUMMARY OF RESULTS OF OPERATIONS
(in thousands, except per share amounts)
                             Three Months Ended        Nine Months Ended
                             June 30,                  June 30,
                             2013         2012         2013         2012
Net investment income        $    733  $    759  $  2,203   $  2,265
Net realized and unrealized
gains (losses)
 on investments             (4,848)      1,102        (5,033)      4,785
Preferred dividends paid     (16)         (20)         (44)         (46)
from net investment income
    Net increase (decrease)
    in net assets
     from operations        $ (4,131)   $  1,841   $  (2,874)  $  7,004
Earnings per Common Share
Outstanding
Net investment income       $  0.189   $  0.196   $  0.567   $  0.584
Net realized and unrealized
gains (losses)
on investments             (1.240)      0.286        (1.296)      1.233
Preferred dividends paid     (0.004)      (0.005)      (0.011)      (0.012)
from net investment income
    Net increase (decrease)
    in net assets
     from operations        $ (1.055)   $  0.477   $  (0.740)  $  1.805
Net investment income        $  0.189   $  0.196   $  0.567   $  0.584
Preferred dividends paid
from net investment          (0.004)      (0.005)      (0.011)      (0.012)
income
Net investment income after  $  0.185   $  0.191   $  0.556   $  0.572
preferred dividends
Net Asset Value at June 30
(Common Shares)
    Net assets                                        $47,002      $50,231
    Shares outstanding                                3,885        3,883
    Net asset value per                                $12.10       $12.93
    share outstanding
Market Value Summary (Common
Shares)
    Market price on NYSE MKT                           $11.50       $12.86
    at June 30
    High market price                                  $15.50       $13.41
    (period ended June 30)
    Low market price (period                           $10.83       $11.85
    ended June 30)



SOURCE Eaton Vance Management

Website: http://www.eatonvance.com
Contact: Investor Contact: (800) 262-1122