Eaton Vance California Municipal Bond Fund and Eaton Vance New York Municipal Bond Fund Announce Results of Annual Meeting of Shareholders

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”) announced the results of each Fund’s Annual Meeting of Shareholders held on September 23, 2025. The respective shareholders of each Fund voted to approve the liquidation and termination of the Fund pursuant to the relevant Plan of Liquidation and Termination (the “Plan”) adopted by the Board of Trustees of the Fund (each, a “Board”). The respective shareholders of each Fund also voted to elect all three of the Board’s Class II Trustee nominees.

Liquidation. Pursuant to each respective Plan, each Fund will commence the process of liquidating its portfolio in preparation for one or more distributions of cash to the shareholders of the Fund. Once each Fund commences liquidating its portfolio, the Fund may not pursue its stated investment objective, comply with its investment limitations, or engage in normal business activities, except for the purposes of winding up its business and affairs, paying its liabilities, and distributing its remaining assets to shareholders.

Each Fund plans to direct its transfer agent to close the books on its shares at the close of business on October 24, 2025 (the “Effective Date”). Each Fund expects that the proportionate interests of shareholders in the net assets of the Fund will be fixed on the basis of their respective holdings at the close of business on the Effective Date. Each Fund expects the last day of secondary market trading of the Fund’s shares also will be on or about the Effective Date, and as such, prior to the opening of business on the next preceding business day (expected to be October 27, 2025), the Fund will cease trading on the NYSE American LLC. There can be no assurance that there will thereafter be a market for the purchase or sale of the Fund’s shares.

The distribution to shareholders of liquidation proceeds will occur as soon as reasonably practicable following the Effective Date. Each Fund expects to make a primary distribution of liquidation proceeds to shareholders on or about October 27, 2025. The proceeds of the liquidation will equal each Fund’s net asset value after each Fund has paid or provided for all of its charges, taxes, expenses and liabilities, including certain costs associated with liquidating the Fund. As necessary, each Fund may make one or more liquidating distributions after it makes the primary liquidating distribution. Upon payment of the final distribution, all outstanding shares of each Fund will be redeemed without the imposition of any redemption or other transaction fees.

Although the liquidation is not expected to be a taxable event for either Fund, the redemption of shares of a Fund on the Effective Date will generally be treated as a sale by shareholders for U.S. federal income tax purposes. Please consult your personal tax advisor about the potential tax consequences of the liquidation.

If you have any questions regarding the liquidation, please contact the Funds at 1-800-262-1122.

Trustee Election. As described above, each Fund’s shareholders voted to elect all three of the Board’s Class II Trustee nominees, Cynthia E. Frost, Nancy Wiser Stefani, and Scott E. Wennerholm. The Board will continue to oversee its Fund during the Fund’s process of winding up its affairs.

This press release is not a recommendation, an offer to purchase, or a solicitation of an offer to sell shares of the Funds and is not a prospectus, circular or representation intended for use in the purchase or sale of Fund shares.

Except for sales of shares pursuant to a tender offer, common shares of each Fund are available for purchase or sale only through secondary market trading at their current market price. Shares of closed-end funds (such as the Funds) often trade at a discount from their NAV. The market price of Fund shares may vary from NAV based on factors affecting the supply and demand for shares, such as Fund distribution rates relative to similar investments, investors’ expectations for future distribution changes, the clarity of the Fund’s investment strategy and future return expectations, and investors’ confidence in the underlying markets in which the Fund invests. Fund shares are subject to investment risk, including possible loss of principal invested. Fund shares are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. The Funds are not a complete investment program and you may lose money investing in the Fund. An investment in the Funds may not be appropriate for all investors. Before investing in the Funds, prospective investors should consider carefully the Fund’s investment objective, strategies, risks, charges and expenses.

Eaton Vance is part of Morgan Stanley Investment Management, the asset management division of Morgan Stanley.