<SEC-DOCUMENT>0000940394-21-000637.txt : 20210316
<SEC-HEADER>0000940394-21-000637.hdr.sgml : 20210316
<ACCEPTANCE-DATETIME>20210316162539
ACCESSION NUMBER:		0000940394-21-000637
CONFORMED SUBMISSION TYPE:	DEFA14A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20210316
DATE AS OF CHANGE:		20210316

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Floating-Rate Income Trust
		CENTRAL INDEX KEY:			0001288992
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0531

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21574
		FILM NUMBER:		21746071

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE NEW YORK MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074685
		IRS NUMBER:				046880051
		FISCAL YEAR END:			1130

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-09145
		FILM NUMBER:		21746072

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE SENIOR FLOATING RATE TRUST
		CENTRAL INDEX KEY:			0001258623
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		DEFA14A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	811-21411
		FILM NUMBER:		21746073

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE SENIOR FLOATING RATE FUND
		DATE OF NAME CHANGE:	20030806
</SEC-HEADER>
<DOCUMENT>
<TYPE>DEFA14A
<SEQUENCE>1
<FILENAME>defa14a.htm
<DESCRIPTION>EFT EFR EVY PRESS RELEASE DTD 3-16-2021
<TEXT>
<HTML>
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<TITLE></TITLE>
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<BODY>


<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">SCHEDULE
14A</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">(Rule 14a-101)</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">INFORMATION
REQUIRED IN PROXY STATEMENT</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">SCHEDULE
14A INFORMATION</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">Proxy
Statement Pursuant to Section 14(a) of the</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">Securities
Exchange Act of 1934 (Amendment No. )</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">Filed by the Registrant [X]</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">Filed by a Party other than the
Registrant [ ]</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">Check the appropriate box:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Preliminary Proxy Statement</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Confidential, For Use of
the Commission Only (as permitted by Rule 14a-6(e)(2))</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Definitive Proxy Statement</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[X] Definitive Additional Materials</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Soliciting Material Pursuant
to Section 240.14a-12</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 100%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><U>Eaton
        Vance Floating-Rate Income Trust</U></FONT></P>
        <P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><U>Eaton
        Vance Senior Floating-Rate Trust</U></FONT></P>
        <P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><U>Eaton
        Vance New York Municipal Income Trust</U></FONT></P>
        <P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">(Name of
        Registrant as Specified in Its Charter)</FONT></P></TD></TR>
</TABLE>
<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">-------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">(Name of
Person(s) Filing Proxy Statement, if Other Than the Registrant)</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">Payment of Filing Fee (Check
the appropriate box):</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[X] No fee required.</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Fee computed on table below
per Exchange Act Rules 14a-6(i) (1) and 0-11.</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(1) Title of each class
of securities to which transaction applies:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(2) Aggregate number of
securities to which transaction applies:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0; letter-spacing: -0.15pt">(3) Per unit price or other underlying
value of transaction computed pursuant to Exchange Act Rule 0-11 (set forth the amount on which the filing fee is calculated and
state how it was determined):</P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(4) Proposed maximum aggregate
value of transaction:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(5) Total fee paid:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Fee paid previously
with preliminary materials. </FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">[ ] Check box if any part
of the fee is offset as provided by Exchange Act Rule 0-11(a)(2) and identify the filing for which the offsetting fee was paid
previously. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(1) Amount previously paid:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(2) Form, Schedule or Registration
Statement no.:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(3) Filing Party:</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 6pt 0 0"><FONT STYLE="letter-spacing: -0.15pt">(4) Date Filed: </FONT></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">------------------------------------------------------------------------------------------------------------------------------------------------------------------------------</FONT></P>


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<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0"><IMG SRC="defa14a_101.jpg" ALT="Content site" STYLE="height: 34px; width: 191px"></P>

<P STYLE="font: 9.5pt NewsGoth Lt BT,sans-serif; margin: 0"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Investor Contact:</B> (800) 262-1122</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>FOR IMMEDIATE RELEASE</B></P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Eaton
Vance Floating-Rate Income Trust and </FONT></P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Eaton
Vance Senior Floating-Rate Trust Announce </FONT></P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Conditional
Tender Offers and Conditional Distribution Rate Increases; </FONT></P>

<P STYLE="font: bold 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="text-transform: uppercase">Eaton
Vance New York Municipal Income Trust Announces CONDITIONAL TENDER OFFER</FONT></P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>BOSTON, MA</B>, March 16, 2021 &mdash; Eaton Vance Floating-Rate
Income Trust (NYSE: EFT), Eaton Vance Senior Floating-Rate Trust (NYSE: EFR) and Eaton Vance New York Municipal Income Trust (NYSE
American: EVY) (each, a &ldquo;Fund&rdquo; and, collectively, the &ldquo;Funds&rdquo;) today announced that their Boards of Trustees
(the &ldquo;Board&rdquo;) have taken the actions described below.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><I>Conditional Tender Offers.</I> The Board has authorized a
conditional cash tender offer for up to 25% of each Fund&rsquo;s outstanding common shares at a price per share equal to 99% of
the Fund&rsquo;s net asset value per share as of the close of regular trading on the New York Stock Exchange on the date the tender
offer expires. The tender offer is conditioned on shareholder approval of the relevant Fund&rsquo;s new investment advisory agreement
with Eaton Vance Management, the Funds&rsquo; investment adviser, at the upcoming joint special meeting of shareholders to be held
on March 19, 2021 or an adjournment thereof.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">Additional terms and conditions of each tender offer will be
set forth in the associated Fund offering materials and additional press releases, as applicable. If the number of shares tendered
in a tender offer exceeds the maximum amount of the tender offer, the Fund will purchase shares from tendering shareholders on
a pro rata basis (disregarding fractional shares). Accordingly, there is no assurance that a Fund will purchase all of a shareholder's
tendered common shares in a tender offer. A Fund may determine not to accept shares tendered in the tender offer under various
circumstances, as will be set forth in the offering materials.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><I>EFT and EFR Conditional Distribution Rate Increase.</I> EFT
and EFR also announced today that, if shareholders approve the new investment advisory agreement at the upcoming joint special
meeting of shareholders, EFT and EFR will increase their regular monthly distributions on common shares to $0.0775 and $0.0813
per share, respectively, representing an increase of approximately 25 percent from the March 2021 distributions of $0.0620 and
$0.0650 per share, respectively. The distribution increases will commence with the first monthly distribution announced following
shareholder approval of the relevant Fund&rsquo;s new investment advisory agreement. By raising the Funds&rsquo; regular monthly
distributions, the Board seeks to enhance long-term shareholder value.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>


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<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">Fund distributions may include amounts from sources other than
net investment income. When that is estimated to be the case, shareholders will be notified on a monthly basis. The final determination
of the tax character of Fund distributions will occur after the end of each calendar year, at which time that determination will
be reported to shareholders. Fund distributions in any period may be more or less than the net return earned by the Fund on investments,
and therefore should not be used as a measure of performance or confused with &ldquo;yield&rdquo; or &ldquo;income.&rdquo; Distributions
in excess of Fund returns will cause a Fund&rsquo;s net assets and net asset value per share to decline.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">For its fiscal year beginning on June 1, 2020 through February
28, 2021, EFT has distributed $0.549 per share, which is estimated to be sourced from ordinary income. If EFT had adopted the conditional
distribution rate increase on June 1, 2020 and the condition described above had been satisfied, its distributions for the fiscal
year to date through February 28, 2021 on a pro forma basis would have been approximately $0.698 per share, an estimated 79% percent
of which would have been sourced from ordinary income and an estimated 21% from return of capital.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">For its fiscal year beginning on November 1, 2020 through February
28, 2021, EFR has distributed $0.26 per share, which is estimated to be sourced from ordinary income. If EFR had adopted the conditional
distribution rate increase on November 1, 2020 and the condition described above had been satisfied, its distributions for the
fiscal year to date through February 28, 2021 on a pro forma basis would have been approximately $0.325 per share, an estimated
80% of which would have been sourced from ordinary income and an estimated 20% from return of capital.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">Investors should not draw any conclusions about a Fund&rsquo;s
investment performance from the amount of its distributions. Fund distributions may be affected by numerous factors, including
changes in Fund performance, the cost of leverage, portfolio holdings, realized and projected returns, and other factors. There
can be no assurance that future Board action, an unanticipated change in market conditions or other unforeseen factors will not
result in a change in the Fund&rsquo;s distributions at a future time.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">Eaton Vance Corp. was acquired by Morgan Stanley on March 1,
2021. Its Eaton Vance Management, Parametric, Atlanta Capital and Calvert investment affiliates are now part of Morgan Stanley
Investment Management, the asset management division of Morgan Stanley.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><B>About the Funds</B></P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">Except pursuant to a tender offer, common shares of the Funds
are available for purchase or sale only through secondary market trading at their current market price. Shares of closed-end funds
(such as each Fund) often trade at a discount from their net asset value. The market price of a closed-end fund&rsquo;s shares
may vary from net asset value based on factors affecting the supply and demand
for shares, such as fund distribution rates relative to similar investments, investors&rsquo; expectations for future distribution
changes, the clarity of a fund&rsquo;s investment strategy and future return expectations, and investors&rsquo; confidence in the
underlying</P>


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<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"> markets in which the fund invests. Fund shares are subject to investment risk, including possible loss of principal
invested. Shares of each Fund are not FDIC-insured and are not deposits or other obligations of, or guaranteed by, any bank. Each
Fund is not a complete investment program and you may lose money investing in the Fund. An investment in a Fund may not be appropriate
for all investors. Before investing, prospective investors should consider carefully a Fund&rsquo;s investment objective, risks,
charges and expenses.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">This announcement is not a recommendation, an offer to purchase
or a solicitation of an offer to sell shares of a Fund. The Funds have not commenced the conditional tender offers described in
this release. Each tender offer will be made only if the condition described above is satisfied, and only by an offer to purchase,
a related letter of transmittal and other documents filed with the SEC as exhibits to a tender offer statement on Schedule TO,
with all such documents available on the SEC&rsquo;s website at www.sec.gov. For a tender offer, the Fund will also make available
to shareholders without charge the offer to purchase and the letter of transmittal. Shareholders should read these documents carefully,
as they would contain important information about the tender offer.</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0"><I>This press release is for informational purposes only and
is not intended to, and does not, constitute an offer to purchase or sell shares of the Funds. Additional information about the
Funds, including performance and portfolio characteristic information, is available at www.eatonvance.com.</I></P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt"><I>Statements in this press release that are not historical
facts may be forward-looking statements as defined by the U.S. securities laws. You should exercise caution in interpreting and
relying on forward-looking statements because they are subject to uncertainties and other factors that may be beyond a Fund&rsquo;s
control and could cause actual results to differ materially from those set forth in the forward-looking statements. </I></P>

<P STYLE="font: 11pt/150% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">###</P>


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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
