---
schema_version: "secwatch.filing_event.v1"
accession: "0000940394-23-000226"
form_type: "8-K"
ticker: "CEV"
cik: "0001074692"
company_name: "Eaton Vance California Municipal Income Trust"
filed_at: "2023-02-01T23:59:59+00:00"
generated_at: "2026-06-20T03:24:46.881308+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Eaton Vance California Municipal Income Trust Board Exempts Control Share Acquisitions Following Court Ruling

## Summary
- Board voted to exempt on a going forward basis all prior and new purchases that might be deemed Control Share Acquisitions from the control share by-law.
- Decision follows Massachusetts Superior Court ruling on Jan 23, 2023 that the by-law violates Section 18(i) of the Investment Company Act of 1940.
- Court granted Saba Capital's claim for rescission of the by-law but found Board had legitimate business reason for adopting it.
- Litigation with Saba Capital Master Fund, Ltd. is ongoing in Massachusetts Superior Court.
- Exemption applies to 24 Eaton Vance closed-end funds, including CEV, EVM, EOI, EOS, EFT, EVV, and others.

## SEC filing metadata
- accession: 0000940394-23-000226
- form_type: 8-K
- ticker: CEV
- cik: 0001074692
- company_name: Eaton Vance California Municipal Income Trust
- filed_at: 2023-02-01T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1074692/000094039423000226/0000940394-23-000226-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1074692/000094039423000226/cev8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000940394-23-000226
- JSON: https://secwatch.observer/filing/0000940394-23-000226.json
- Plain text: https://secwatch.observer/filing/0000940394-23-000226.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.