EVM News

Saba Capital Reaches Agreements with the Eaton Vance California Municipal Bond Fund and the Eaton Vance New York Municipal Bond Fund

EVM

NEW YORK--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba”), which is the largest shareholder of the Eaton Vance California Municipal Bond Fund (NYSE: EVM) and of the Eaton Vance New York Municipal Bond Fund (NYSE: ENX) (collectively, the “Funds”), today announced that it has entered into standstill agreements (collectively, the “Agreements”) with Eaton Vance Management with respect to the Funds. Consistent with the terms of the Agreements, Eaton V

August 4, 2025Mergers
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Eaton Vance California Municipal Bond Fund and Eaton Vance New York Municipal Bond Fund Announce Liquidation Proposal

EVM

BOSTON--(BUSINESS WIRE)--Eaton Vance California Municipal Bond Fund (NYSE American: EVM) and Eaton Vance New York Municipal Bond Fund (NYSE American: ENX) (each a “Fund” and, together, the “Funds”) each announced today that the Board of Trustees of its respective Fund (each, a “Board”), at the recommendation of Eaton Vance Management, the Fund’s investment adviser, has approved a proposal to liquidate and terminate the Fund (the “Liquidation”). The Liquidation is subject to approval by each Fun