Eaton Vance California Municipal Income (CEV) vs Gabelli Global Utility (GLU)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 10, 2026.
Summary
Eaton Vance California Municipal Income (CEV) has outperformed Gabelli Global Utility (GLU) over the past year, gaining 3.4% versus a loss of 1.8%. Over five years, GLU leads with a -13.5% price change compared with -23.2% for CEV. Gabelli Global Utility is the larger company by market cap ($105.0 million vs $73.4 million), about 1.4 times the size.
On valuation, Gabelli Global Utility trades at a lower trailing P/E (4.1x vs 10.0x for Eaton Vance California Municipal Income). Gabelli Global Utility offers the higher dividend yield (7.19% vs 5.75%).
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | CEV | GLU |
|---|---|---|
| Share price | $10.44 | $17.52 |
| Market cap | $73.43M | $104.98M |
| 1-day change | +3.67% | 0.00% |
| YTD return | +3.98% | -9.08% |
| 1-year return | +3.37% | -1.85% |
| 5-year return | -23.24% | -13.48% |
| P/E ratio (TTM) | 10.04 | 4.14 |
| EPS (TTM) | $1.04 | $4.23 |
| Dividend yield | 5.75% | 7.19% |
| Annual dividend | $0.60 | $1.26 |
| 52-week high | $10.84 | $21.69 |
| 52-week low | $9.77 | $17.33 |
| Distance from 52-week high | -3.69% | -19.23% |
| Analyst consensus | none | — |
| Average volume | 30.45K | 7.78K |
| Shares outstanding | 7.03M | 5.99M |
| Sector | Finance | Finance |
| Industry | Finance/Investors Services | Finance/Investors Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Eaton Vance California Municipal Income trades at a higher earnings multiple (10.0x vs 4.1x trailing P/E).
- Gabelli Global Utility offers a meaningfully higher dividend yield (7.19% vs 5.75%).
About Eaton Vance California Municipal Income
CEV stock →Eaton Vance California Municipal Income Trust is a close ended fixed income mutual fund launched and managed by Eaton Vance Management. It invests in the fixed income markets.
Finance · Finance/Investors Services
About Gabelli Global Utility
GLU stock →The Gabelli Global Utility & Income Trust is a closed-ended equity mutual fund launched by GAMCO Investors, Inc. It is managed by Gabelli Funds, LLC.
Finance · Finance/Investors Services
CEV vs GLU FAQ
Which is bigger, Eaton Vance California Municipal Income or Gabelli Global Utility?
Gabelli Global Utility (GLU) is larger, with a market capitalization of $104.98M compared with $73.43M for Eaton Vance California Municipal Income (CEV).
Which stock has performed better over the past year, CEV or GLU?
CEV returned +3.37% over the past 12 months, compared with -1.85% for GLU (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, CEV or GLU?
GLU has the lower trailing P/E at 4.1, versus 10.0 for CEV. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Eaton Vance California Municipal Income or Gabelli Global Utility?
Gabelli Global Utility has the higher yield at 7.19%, compared with 5.75% for Eaton Vance California Municipal Income.
Are Eaton Vance California Municipal Income and Gabelli Global Utility in the same industry?
Yes. Both are classified in the Finance/Investors Services industry within the Finance sector.