Eaton Vance California Municipal Income Trust Announces Earnings Results for the Fourth Quarter and Full Year Ended November 30, 2012
The Trust's net investment income for the year ended November 30, 2012 was $5,734,651 ($0.791 per common share, before deduction of the preferred share dividends totaling $0.018 per common share), resulting in net investment income after the preferred dividends of $0.773 per common share. The Trust's net investment income for the year ended November 30, 2011 was $6,690,748 ($0.926 per common share, before deduction of the preferred share dividends totaling $0.022 per common share), resulting in net investment income after the preferred dividends of $0.904 per common share. The net asset value per common share on November 30, 2012 was $14.66 based on 7,257,591 common shares outstanding. In comparison, on November 30, 2011, net assets of the Trust applicable to common shares were $89,861,706. The net asset value per common share on November 30, 2011 was $12.41 based on 7,243,893 common shares outstanding. Net increase in net assets from operations was $22,406,000 or $3.089 per share against $6,562,000 or $0.906 per share a year ago.