Eaton Vance Management, a leading asset management firm, has launched and manages the Eaton Vance California Municipal Bond Fund. This close-ended fixed income mutual fund focuses on investing in high grade municipal obligations across a variety of industries in the United States, including general obligations, hospital, electric utilities, transportation, water and sewer, public education, and private education. The fund, originally known as Eaton Vance Insured California Municipal Bond Fund, was founded in 2002 and is based in the United States.