Returns
| Series | 1 week | 1 month | 3 months | 6 months | YTD | 1 year | 3 years (ann.) | 5 years (ann.) | 10 years (ann.) | Since inception (ann.) |
|---|---|---|---|---|---|---|---|---|---|---|
| Market-price return | +1.87% | 0.00% | -2.36% | +0.19% | +3.09% | +0.98% | +3.85% | -5.33% | -2.38% | -1.82% |
| Market-price total return | +2.36% | +0.48% | -0.94% | +3.12% | +8.16% | +6.98% | +9.82% | -0.31% | +2.26% | +3.57% |
| NAV return | +1.93% | -3.45% | -9.53% | -8.96% | -9.37% | -9.94% | -2.79% | -7.09% | -3.54% | -1.66% |
| NAV total return | +1.93% | -3.45% | -8.68% | -6.85% | -5.59% | -5.33% | +2.17% | -2.75% | +0.53% | +3.49% |
Performance through Oct 14, 2026. Price and NAV returns are simple changes; total returns reinvest each distribution at the series value on its ex-date (first observation on/after). Periods of one year or less are cumulative; longer periods are annualised. Series are built from unadjusted prices plus the distribution record so no distribution is counted twice. Corporate actions: the vendor price series is split-adjusted; rights offerings and mergers are not restated — check Corporate Actions.
Growth of $10,000, five years
Risk statistics
| Statistic | Market price | NAV | Specification |
|---|---|---|---|
| Volatility, 1 year | 0.13% | 0.07% | annualised SD of daily total returns, √252 |
| Volatility, 3 years | 0.11% | 0.08% | as above |
| Volatility, 5 years | 0.12% | 0.07% | as above |
| Maximum drawdown, 3 years | -12.41% | -11.31% | peak-to-trough on the total-return index |
| Sharpe ratio, 3 years | 0.54 | -0.22 | excess over FRED DGS3MO (window average) (avg 4.52%), annualised |
| Sortino ratio, 3 years | 0.80 | -0.29 | downside deviation of excess returns |
| Beta vs. benchmark proxy, 3 years | 1.17 | — | MUB (U.S. municipal bond ETF proxy), daily, aligned dates |
| Correlation, 3 years | 0.44 | — | as above |
| Observations (3y) | 751 | — | minimum 60; rankings require 500 |
Market-price and NAV volatility are different quantities and are never mixed. NAV volatility for funds holding stale-marked or illiquid assets can understate economic risk.
CEF Explorer research page for Eaton Vance California Municipal Income Trust. Figures carry their own dates and sources; a discount to NAV does not guarantee convergence or any return. This is not investment advice.