Eaton Vance California Municipal Income Trust reported earnings results for the fourth quarter and year ended November 30, 2011. For the quarter, the Trust had net investment income of $1,564,336 or $0.217 per common share. From this amount, the Trust paid dividends on preferred shares of $28,952 equal to $0.004 for each common share, resulting in net investment income after the preferred dividends of $1,535,384, or $0.213 per common share. In comparison, for the three months ended November 30, 2010, the Trust had net investment income of $1,664,731 or $0.231 per common share. From this amount, the Trust paid dividends on preferred shares of $53,779 equal to $0.007 for each common share, resulting in net investment income after the preferred dividends of $1,610,952, or $0.224 per common share. Net realized and unrealized gains were $952,161 or $0.130 per common share. In comparison, net realized and unrealized losses for the three months ended November 30, 2010 were $7,546,408 or $1.043 per common share. Net increase in net assets from operations was $2,487,000 or $0.343 per common share compared to net decrease in net assets from operations of $5,935,000 or $0.819 per common share for the same period a year ago. For the year, the Trust's net investment income was $6,690,748 or $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. In comparison, the Trust's net investment income for the year ended November 30, 2010 was $6,802,191 or $0.945 per common share, before deduction of the preferred share dividends totaling $0.028 per common share, resulting in net investment income after the preferred dividends of $0.917 per common share. Net realized and unrealized gains were $28,169 or $0.002 per common share. In comparison, the Trust's net realized and unrealized gains for the year ended November 30, 2010 were $149,760 or $0.026 per common share. 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. In comparison, on November 30, 2010, net assets of the Trust applicable to common shares were $89,395,119. The net asset value per common share on November 30, 2010 was $12.39 based on 7,217,856 common shares outstanding. Net increase in net assets from operations was $6,562,000 or $0.906 per common share compared to $6,748,000 or $0.943 per common share for the same period a year ago.