Eaton Vance California Mun. Income Trust (CEV) Holdings Cut by UBS Group AG

UBS Group AG lessened its holdings in Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV) by 82.3% during the first quarter, Holdings Channel reports. The fund owned 13,468 shares of the company’s stock after selling 62,580 shares during the period. UBS Group AG’s holdings in Eaton Vance California Mun. Income Trust were worth $153,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in CEV. Wetherby Asset Management Inc. bought a new position in Eaton Vance California Mun. Income Trust in the first quarter valued at about $127,000. Commonwealth Equity Services LLC bought a new stake in shares of Eaton Vance California Mun. Income Trust during the first quarter worth about $193,000. Landscape Capital Management L.L.C. bought a new stake in shares of Eaton Vance California Mun. Income Trust during the first quarter worth about $262,000. Lincoln National Corp bought a new stake in shares of Eaton Vance California Mun. Income Trust during the first quarter worth about $409,000. Finally, RMB Capital Management LLC grew its holdings in shares of Eaton Vance California Mun. Income Trust by 199.2% during the first quarter. RMB Capital Management LLC now owns 47,170 shares of the company’s stock worth $536,000 after purchasing an additional 31,407 shares during the last quarter.

NYSEAMERICAN:CEV opened at $11.38 on Wednesday. Eaton Vance California Mun. Income Trust has a 1-year low of $11.23 and a 1-year high of $12.87.



The company also recently declared a monthly dividend, which will be paid on Monday, August 20th. Stockholders of record on Monday, August 13th will be issued a dividend of $0.0421 per share. This is a boost from Eaton Vance California Mun. Income Trust’s previous monthly dividend of $0.04. This represents a $0.51 annualized dividend and a dividend yield of 4.44%. The ex-dividend date is Friday, August 10th.

Eaton Vance California Mun. Income Trust Profile

Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets. The fund invests primarily in debt securities issued by education, hospital, housing, insured-education, insured-electric utilities, insured-hospital, insured-transportation, insured-water and sewer, transportation, and other sectors.

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Want to see what other hedge funds are holding CEV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV).

Institutional Ownership by Quarter for Eaton Vance California Mun. Income Trust (NYSEAMERICAN:CEV)

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