EVM Eaton Vance California Municipal Bond Fund Insider Trading

Saba Capital (10% owner) bought 30,805 shares of EVM at $8.83 on 2025-06-24; stock now $8.84, down 5.0% over 90 days

Saba Capital Management purchased 30,805 shares of Eaton Vance California Municipal Bond Fund at $8.83 on 2025-06-24, increasing holdings to 4,544,380 shares. This buy is part of a rapid sequence: Saba executed 5 separate purchases at this ticker within eight trading days (2025-06-13 through 2025-06-24), accumulating shares as the fund declined 5.0% over the past 90 days from highs of $9.77. The current price of $8.84 remains near the transaction price, offering no measurable return yet. Notably, across Saba's cross-ticker track record of 20 prior buys, none achieved positive 90-day returns at the time of evaluation, establishing a pattern of entry timing that has not historically captured upside within three months.

Saba Capital bought 12,660 shares of EVM at $8.79 on 2025-06-23, raising stake to 4,513,575 shares (4.51M). Part of series of 5 consecutive buys in June.

Saba Capital, a 10% owner, purchased 12,660 shares of Eaton Vance California Municipal Bond Fund at $8.79, adding to an already substantial 4.50M share position. This transaction is one of five consecutive open-market purchases at the same ticker within the span of 2025-06-13 through 2025-06-24, indicating sustained accumulation activity in the fund. The stock currently trades at $8.89, approximately -9.0% from its 52-week high of $9.77, placing the recent purchase near the lower end of the annual range. None of Saba Capital's prior same-ticker outcomes are yet measurable, and the broader cross-ticker track record does not establish a pattern of well-timed buys; however, the concentrated sequence of purchases over consecutive trading days is noteworthy as a discrete pattern worth monitoring.

Saba Capital (10% owner) adds 21,756 shares of Eaton Vance Muni Bond Fund (EVM) at $8.78; now holds 4,500,915 shares.

Saba Capital Management purchased 21,756 shares of EVM on 2025-06-20 at $8.78, adding to a substantial existing position of 4.48M shares. The purchase represents a 0.5% increase in holdings and occurs at a price approximately 0.7% below the current market level of $8.84. Notably, this transaction is part of a cluster of five consecutive buy dates at EVM between 2025-06-12 and 2025-06-23, suggesting sustained accumulation during a period when the fund trades near its 52-week low relative to its range. With no measurable 90-day performance data available for any of the five recent same-ticker purchases, the track record for timing these trades remains undetermined.

Saba Capital bought 50,195 shares of EVM at $8.82 in two transactions totaling $442,719.90

Saba Capital Management, a 10% owner of Eaton Vance California Municipal Bond Fund, made 2 separate purchases totaling 50,195 shares for $442,719.90 at a blended average price of $8.82 on June 16–17, 2025, increasing holdings from 4,428,964 shares to 4,479,159 shares (+1.1%). The purchases occur as the fund trades at $8.83, 9.6% below its 52-week high of $9.77, and down 5.7% over the prior 90 days. This represents the fifth consecutive buy by Saba Capital at EVM within a week (purchases also on June 5, 9, 11, 12, and 13), establishing a clear pattern of sustained accumulation in the fund at depressed price levels. However, the brief history of these repeated purchases means outcome measurement—whether the stock subsequently rose—is not yet available for the prior four transactions, limiting what can be concluded about timing precision from this specific ticker's history.

Saba Capital (10% owner) buys 12,962 shares of EVM for $113,774.08 across two transactions; 5 EVM buys in 11 days

Saba Capital Management acquired 12,962 shares in two transactions totaling $113,774.08 on 2025-06-12 and 2025-06-13 at blended average price $8.78, raising holdings to 4,428,964 shares. This purchase is part of a concentrated buying pattern at EVM: five separate buys occurred over an 11-day window (2025-06-04 through 2025-06-16), with outcomes not yet measurable since all transactions fall within the recent filing window. The stock currently trades at $8.81, just above the blended entry price, and is -9.8% from its 52-week high of $9.77; the 30-day and 90-day returns are -2.0% and -5.7% respectively, reflecting a period of softness. As a 10% owner executing persistent purchases into a declining price environment, Saba is materially increasing its commitment to the position despite unfavorable recent price momentum.

Saba Capital (10% owner) purchases 57,844 shares of EVM at $8.74; stock now $8.77, off 10.2% from 52-week high.

Saba Capital, a 10% shareholder in Eaton Vance California Municipal Bond Fund (EVM), increased its position by 57,844 shares (1.3% of pre-transaction holdings) at $8.74 on 2025-06-11. The purchase occurred as EVM traded near multi-month lows, currently $8.77, which is 10.2% below the 52-week high and down 6.4% over 90 days. Notably, Saba executed five consecutive buy orders at EVM in a 9-day window (2025-06-03 through 2025-06-12), suggesting sustained accumulation during a period of price weakness. Across Saba's broader open-market trading history, the firm has completed 19 prior buys against only 1 prior sell, indicating a strong acquisition bias; however, timing outcomes at this specific ticker cannot yet be assessed, as all five recent EVM trades remain within their measurement windows.

Saba Capital Management buys 1,298 shares (1.3K) of EVM at $8.77; 5 consecutive purchases in one week into declining fund

Saba Capital Management, a 10% owner of Eaton Vance California Municipal Bond Fund (EVM), purchased 1,298 shares at $8.77 on 2025-06-09, extending a concentrated buying pattern initiated just one week prior. The insider has executed 5 consecutive purchases of EVM between 2025-05-22 and 2025-06-09, all at prices above the current price of $8.75, and the fund is trading 10.4% below its 52-week high. The purchase occurred while the fund declined 3.0% over 30 days and 6.7% over 90 days. Across his full cross-ticker track record, Saba has completed 18 prior buys versus only 2 sells, though same-ticker timing outcomes at EVM remain unmeasurable because all 5 prior purchases occurred too recently.

Saba Capital (10% owner) bought 1,200 shares of EVM at $8.80 on 2025-06-05; stock down -10.2% from 52-week high

Saba Capital purchased 1,200 shares at $8.80, adding marginally to a position of 4.36M shares. The purchase occurred as EVM traded -10.2% below its 52-week high of $9.77 and down -2.8% over the prior 30 days, reflecting recent weakness in the municipal bond fund. While Saba's cross-ticker track record shows 18 prior buys versus only 2 prior sells, the meaningful context here is the same-ticker history: five consecutive buys in June 2025 (May 22 through June 9) with none yet measurable at the 90-day mark. This clustering of purchases within a narrow window suggests accumulation during a drawdown period, though all outcomes remain too recent to assess execution quality. The current price of $8.77 sits below the transaction price of $8.80, indicating minimal unrealized performance so far.

Saba Capital, 10% owner of EVM, buys 35,639 shares ($313,341.97) across 2 June transactions as fund trades near 52-week lows

Saba Capital Management filed Form 4 disclosing 2 separate purchases totaling 35,639 shares for $313,341.97 on 2025-06-03 and 2025-06-04, bringing holdings to 4,355,660 shares. The blended average purchase price of $8.79 came as the fund was trading 9.8% below its 52-week high of $9.77, having declined 5.3% over the prior 90 days and 1.7% over the prior 30 days. This adds to a pattern of 5 prior buys at EVM within the preceding 15 days (2025-05-19 through 2025-06-05), consistent with continued accumulation by the major shareholder during a period of downward price momentum. The insider's cross-ticker track record shows 18 prior buys versus only 2 prior sells, though outcomes on those prior trades remain not yet measurable at this ticker, limiting ability to assess purchase timing accuracy.

Saba Capital (10% Owner) bought 22,431 shares of EVM at $8.76 on 2025-06-02; stock now down 1.3% in 30 days, 5.6% in 90 days.

Saba Capital Management purchased 22,431 shares of Eaton Vance California Municipal Bond Fund at $8.76, extending an established pattern: the insider has completed 5 consecutive buys at EVM within the past three weeks (dating back to 2025-05-16). This sustained buying activity during a period of weakness—the stock is down 1.3% over 30 days and 5.6% over 90 days, with the current price of $8.85 sitting 9.4% below the 52-week high—suggests persistent accumulation despite recent price pressure. However, none of the four prior same-ticker buys have yet reached their 90-day measurement windows, so the track record of execution quality at this specific holding remains unmeasurable. The broader cross-ticker history (17 buys, 3 sells) indicates a strong buy-side orientation, but repeated micro-purchases of a declining fund warrant attention to whether this reflects conviction or mechanical portfolio rebalancing.