<SEC-DOCUMENT>0000940394-18-001887.txt : 20181220
<SEC-HEADER>0000940394-18-001887.hdr.sgml : 20181220
<ACCEPTANCE-DATETIME>20181220131427
ACCESSION NUMBER:		0000940394-18-001887
CONFORMED SUBMISSION TYPE:	40-APP/A
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20181220
DATE AS OF CHANGE:		20181220

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE GROWTH TRUST
		CENTRAL INDEX KEY:			0000102816
		IRS NUMBER:				042325690

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868
		FILM NUMBER:		181245648

	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 GROWTH FUND INC
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	VANCE SANDERS COMMON STOCK FUND INC
		DATE OF NAME CHANGE:	19820915

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BOSTON STOCK FUND INC
		DATE OF NAME CHANGE:	19730619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BOSTON MANAGEMENT & RESEARCH
		CENTRAL INDEX KEY:			0000910820
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-01
		FILM NUMBER:		181245647

	BUSINESS ADDRESS:	
		STREET 1:		2 INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		617-482-8260

	MAIL ADDRESS:	
		STREET 1:		2 INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE SERIES TRUST
		CENTRAL INDEX KEY:			0000102818
		IRS NUMBER:				042577423

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-02
		FILM NUMBER:		181245646

	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:	VANCE SANDERS EXCHANGE FUND
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MANAGEMENT
		CENTRAL INDEX KEY:			0001076598
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-03
		FILM NUMBER:		181245645

	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:			5-to-15 Year Laddered Municipal Bond Portfolio
		CENTRAL INDEX KEY:			0001669035
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-04
		FILM NUMBER:		181245644

	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:			WORLDWIDE HEALTH SCIENCES PORTFOLIO
		CENTRAL INDEX KEY:			0001017967
		IRS NUMBER:				043324647

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-05
		FILM NUMBER:		181245643

	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:			Tax-Managed Value Portfolio
		CENTRAL INDEX KEY:			0001140883
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-06
		FILM NUMBER:		181245642

	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:	TAX MANAGED VALUE PORTFOLIO
		DATE OF NAME CHANGE:	20010518

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAX MANAGED SMALL CAP PORTFOLIO
		CENTRAL INDEX KEY:			0001122006
		IRS NUMBER:				043398554
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-07
		FILM NUMBER:		181245641

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		800-225-6265

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAX MANAGED SMALL CAP GROWTH PORTFOLIO
		DATE OF NAME CHANGE:	20020301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAX MANAGED EMERGING GROWTH PORTFOLIO
		DATE OF NAME CHANGE:	20000816

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tax-Managed Multi-Cap Growth Portfolio
		CENTRAL INDEX KEY:			0001116071
		IRS NUMBER:				043503878
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-08
		FILM NUMBER:		181245640

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		800-225-6265

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	TAX MANAGED MULTI CAP OPPORTUNITY PORTFOLIO
		DATE OF NAME CHANGE:	20020301

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	CAPITAL APPRECIATION PORTFOLIO /MA/
		DATE OF NAME CHANGE:	20000602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Tax-Managed International Equity Portfolio
		CENTRAL INDEX KEY:			0001140884
		IRS NUMBER:				043428673
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-09
		FILM NUMBER:		181245639

	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:	TAX MANAGED INTERNATIONAL GROWTH PORTFOLIO
		DATE OF NAME CHANGE:	20010518

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			TAX-MANAGED GROWTH PORTFOLIO
		CENTRAL INDEX KEY:			0001002667
		IRS NUMBER:				043291529

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-10
		FILM NUMBER:		181245638

	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:	TAX MANAGED GROWTH PORTFOLIO
		DATE OF NAME CHANGE:	19951025

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Stock Portfolio
		CENTRAL INDEX KEY:			0001473646
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-12
		FILM NUMBER:		181245637

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		8002256265

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Large-Cap Core Research Portfolio
		DATE OF NAME CHANGE:	20091001

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Short Duration High Income Portfolio
		CENTRAL INDEX KEY:			0001541630
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-15
		FILM NUMBER:		181245635

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			SENIOR DEBT PORTFOLIO
		CENTRAL INDEX KEY:			0000933188
		IRS NUMBER:				043254322

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-16
		FILM NUMBER:		181245634

	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:			International Income Portfolio
		CENTRAL INDEX KEY:			0001394396
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-20
		FILM NUMBER:		181245633

	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:			High Yield Municipal Income Portfolio
		CENTRAL INDEX KEY:			0001669930
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0131

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-21
		FILM NUMBER:		181245632

	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:			HIGH INCOME OPPORTUNITIES PORTFOLIO
		CENTRAL INDEX KEY:			0000921370
		IRS NUMBER:				043162766
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-22
		FILM NUMBER:		181245631

	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:	HIGH INCOME PORTFOLIO
		DATE OF NAME CHANGE:	19940406

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			GREATER INDIA PORTFOLIO
		CENTRAL INDEX KEY:			0000918701
		IRS NUMBER:				043218703

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-24
		FILM NUMBER:		181245630

	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:	SOUTH ASIA PORTFOLIO
		DATE OF NAME CHANGE:	19940207

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Opportunities Portfolio
		CENTRAL INDEX KEY:			0001475712
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-26
		FILM NUMBER:		181245629

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Macro Portfolio
		CENTRAL INDEX KEY:			0000918706
		IRS NUMBER:				043162525
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-27
		FILM NUMBER:		181245628

	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:	Strategic Income Portfolio
		DATE OF NAME CHANGE:	20050401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	STRATEGIC INCOME PORTFOLIO
		DATE OF NAME CHANGE:	19960207

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SHORT TERM INCOME PORTFOLIO
		DATE OF NAME CHANGE:	19940429

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Macro Capital Opportunities Portfolio
		CENTRAL INDEX KEY:			0001588812
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-28
		FILM NUMBER:		181245627

	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:			Global Macro Absolute Return Advantage Portfolio
		CENTRAL INDEX KEY:			0001493214
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-29
		FILM NUMBER:		181245626

	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:	Global Strategies Portfolio
		DATE OF NAME CHANGE:	20100602

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Global Income Builder Portfolio
		CENTRAL INDEX KEY:			0001668984
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-30
		FILM NUMBER:		181245625

	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 FLOATING RATE PORTFOLIO/MA
		CENTRAL INDEX KEY:			0001116914
		IRS NUMBER:				043521526

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-31
		FILM NUMBER:		181245624

	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:	FLOATING RATE PORTFOLIO/MA
		DATE OF NAME CHANGE:	20000620

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Emerging Markets Local Income Portfolio
		CENTRAL INDEX KEY:			0001394395
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-32
		FILM NUMBER:		181245623

	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:	Emerging Markets Income Portfolio
		DATE OF NAME CHANGE:	20070326

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Core Bond Portfolio
		CENTRAL INDEX KEY:			0001104129
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-34
		FILM NUMBER:		181245622

	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:	Investment Grade Income Portfolio
		DATE OF NAME CHANGE:	20050302

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	INVESTMENT GRADE INCOME PORTFOLIO
		DATE OF NAME CHANGE:	20000320

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	HIGH GRADE INCOME PORTFOLIO
		DATE OF NAME CHANGE:	20000124

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Boston Income Portfolio
		CENTRAL INDEX KEY:			0001140882
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-35
		FILM NUMBER:		181245621

	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:	BOSTON INCOME PORTFOLIO
		DATE OF NAME CHANGE:	20010518

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Tax-Managed Global Diversified Equity Income Fund
		CENTRAL INDEX KEY:			0001379438
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-36
		FILM NUMBER:		181245620

	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 Tax-Managed Global Buy-Write Opportunities Fund
		CENTRAL INDEX KEY:			0001322435
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-37
		FILM NUMBER:		181245619

	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 Tax-Managed Diversified Equity Income Fund
		CENTRAL INDEX KEY:			0001340736
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-38
		FILM NUMBER:		181245618

	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 Tax-Managed Premium & Dividend Income Fund
		DATE OF NAME CHANGE:	20051110

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Eaton Vance Tax-Managed Premium & Income Opportunities Fund
		DATE OF NAME CHANGE:	20051005

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Tax-Managed Buy-Write Opportunities Fund
		CENTRAL INDEX KEY:			0001322436
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-39
		FILM NUMBER:		181245617

	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 Tax-Managed Buy-Write Income Fund
		CENTRAL INDEX KEY:			0001308927
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-40
		FILM NUMBER:		181245616

	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 Tax-Managed BuyWrite Income Fund
		DATE OF NAME CHANGE:	20041117

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
		CENTRAL INDEX KEY:			0001281926
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-41
		FILM NUMBER:		181245615

	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 TAX ADVANTAGED GLOBAL DIVIDEND OPPORTUNITIES FUN
		DATE OF NAME CHANGE:	20040226

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE TAX ADVANTAGED GLOBAL DIVIDEND INCOME FUND
		CENTRAL INDEX KEY:			0001270523
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-42
		FILM NUMBER:		181245614

	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 TAX ADVANTAGED DIVIDEND INCOME FUND
		CENTRAL INDEX KEY:			0001253327
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-43
		FILM NUMBER:		181245613

	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 Tax-Advantaged Bond & Option Strategies Fund
		CENTRAL INDEX KEY:			0001480999
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-44
		FILM NUMBER:		181245612

	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 Tax-Advantaged Return Strategies Fund
		DATE OF NAME CHANGE:	20100428

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Eaton Vance Tax-Advantaged Absolute Return Fund
		DATE OF NAME CHANGE:	20100114

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Short Duration Diversified Income Fund
		CENTRAL INDEX KEY:			0001287498
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-45
		FILM NUMBER:		181245611

	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 LOW DURATION DIVERSIFIED INCOME FUND
		DATE OF NAME CHANGE:	20040416

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE SENIOR INCOME TRUST
		CENTRAL INDEX KEY:			0001070732
		IRS NUMBER:				043435040

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-46
		FILM NUMBER:		181245610

	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

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-47
		FILM NUMBER:		181245609

	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

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Risk-Managed Diversified Equity Income Fund
		CENTRAL INDEX KEY:			0001395325
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-48
		FILM NUMBER:		181245608

	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 Risk-Managed Equity Income Fund
		DATE OF NAME CHANGE:	20070404

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE PENNSYLVANIA MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074687
		IRS NUMBER:				046880053

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-49
		FILM NUMBER:		181245607

	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 PENNSYLVANIA MUNICIPAL BOND FUND
		CENTRAL INDEX KEY:			0001196877
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-50
		FILM NUMBER:		181245606

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED PENNSYLVANIA MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20021015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED PENNSYLVANIA MUNICIPAL BOND FUND I
		DATE OF NAME CHANGE:	20021007

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE OHIO MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074686
		IRS NUMBER:				046880052

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-51
		FILM NUMBER:		181245605

	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 OHIO MUNICIPAL BOND FUND
		CENTRAL INDEX KEY:			0001196876
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-52
		FILM NUMBER:		181245604

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED OHIO  MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20021015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED OHIO  MUNICIPAL BOND FUND I
		DATE OF NAME CHANGE:	20021007

FILER:

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

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-53
		FILM NUMBER:		181245603

	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 BOND FUND
		CENTRAL INDEX KEY:			0001177162
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-55
		FILM NUMBER:		181245602

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED NEW YORK MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20020708

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE NEW JERSEY MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074691
		IRS NUMBER:				046880050

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-56
		FILM NUMBER:		181245601

	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 JERSEY MUNICIPAL BOND FUND
		CENTRAL INDEX KEY:			0001196874
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-57
		FILM NUMBER:		181245600

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED NEW JERSEY MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20021015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED NEW JERSEY MUNICIPAL BOND FUND I
		DATE OF NAME CHANGE:	20021007

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance National Municipal Opportunities Trust
		CENTRAL INDEX KEY:			0001454741
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-58
		FILM NUMBER:		181245599

	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 National Municipal Trust
		DATE OF NAME CHANGE:	20090126

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074540
		IRS NUMBER:				046880058

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-59
		FILM NUMBER:		181245598

	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 Municipal Income 2028 Term Trust
		CENTRAL INDEX KEY:			0001563696
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-60
		FILM NUMBER:		181245597

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		800-225-6265

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Eaton Vance Municipal Income Term Trust
		DATE OF NAME CHANGE:	20121205

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUNICIPAL BOND FUND II
		CENTRAL INDEX KEY:			0001196867
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-61
		FILM NUMBER:		181245596

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED MUNICIPAL BOND FUND II
		DATE OF NAME CHANGE:	20021015

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED MUNICIPAL BOND FUND I
		DATE OF NAME CHANGE:	20021007

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUNICIPAL BOND FUND
		CENTRAL INDEX KEY:			0001176984
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-62
		FILM NUMBER:		181245595

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20020702

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MASSACHUSETTS MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074690
		IRS NUMBER:				046880055

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-65
		FILM NUMBER:		181245594

	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 LTD DURATION INCOME FUND
		CENTRAL INDEX KEY:			0001222922
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0430

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-67
		FILM NUMBER:		181245593

	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 LIMITED DURATION INCOME FUND
		DATE OF NAME CHANGE:	20030313

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance High Income 2021 Target Term Trust
		CENTRAL INDEX KEY:			0001665817
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-68
		FILM NUMBER:		181245592

	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 Floating-Rate 2022 Target Term Trust
		CENTRAL INDEX KEY:			0001701167
		IRS NUMBER:				000000000
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-69
		FILM NUMBER:		181245591

	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 Floating-Rate 2024 Target Term Trust
		DATE OF NAME CHANGE:	20170316

FILER:

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

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-70
		FILM NUMBER:		181245590

	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 Floating-Rate Income Plus Fund
		CENTRAL INDEX KEY:			0001573698
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-71
		FILM NUMBER:		181245589

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		800-225-6265

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Eaton Vance Floating Rate Income Plus Fund
		DATE OF NAME CHANGE:	20130404

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Enhanced Equity Income Fund II
		CENTRAL INDEX KEY:			0001308335
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-72
		FILM NUMBER:		181245588

	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 Enhanced Equity Income Fund
		CENTRAL INDEX KEY:			0001300391
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-73
		FILM NUMBER:		181245587

	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 CALIFORNIA MUNICIPAL INCOME TRUST
		CENTRAL INDEX KEY:			0001074692
		IRS NUMBER:				046880057

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-74
		FILM NUMBER:		181245586

	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 CALIFORNIA MUNICIPAL BOND FUND
		CENTRAL INDEX KEY:			0001177161
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-76
		FILM NUMBER:		181245585

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INSURED CALIFORNIA MUNICIPAL BOND FUND
		DATE OF NAME CHANGE:	20020708

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE VARIABLE TRUST
		CENTRAL INDEX KEY:			0001121746
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-77
		FILM NUMBER:		181245584

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE SPECIAL INVESTMENT TRUST
		CENTRAL INDEX KEY:			0000031266
		IRS NUMBER:				046039283

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-78
		FILM NUMBER:		181245583

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE SPECIAL EQUITIES FUND
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE SPECIAL EQUITIES FUND INC
		DATE OF NAME CHANGE:	19890619

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE SERIES TRUST II
		CENTRAL INDEX KEY:			0000074663
		IRS NUMBER:				132706484
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-79
		FILM NUMBER:		181245582

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE INCOME FUND OF BOSTON
		DATE OF NAME CHANGE:	19920703

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OPPENHEIMER INCOME FUND OF BOSTON INC
		DATE OF NAME CHANGE:	19821207

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OPPENHEIMER INCOME FUND INC
		DATE OF NAME CHANGE:	19770604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Eaton Vance Series Fund, Inc
		CENTRAL INDEX KEY:			0001552324
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MD

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-80
		FILM NUMBER:		181245581

	BUSINESS ADDRESS:	
		STREET 1:		TWO INTERNATIONAL PLACE
		CITY:			BOSTON
		STATE:			MA
		ZIP:			02110
		BUSINESS PHONE:		6174828260

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

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUTUAL FUNDS TRUST
		CENTRAL INDEX KEY:			0000745463
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-81
		FILM NUMBER:		181245580

	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 GOVERNMENT OBLIGATIONS TRUST
		DATE OF NAME CHANGE:	19920703

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE MUNICIPALS TRUST II
		CENTRAL INDEX KEY:			0000914529
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-82
		FILM NUMBER:		181245579

	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 MUNICIPALS TRUST
		CENTRAL INDEX KEY:			0000778365
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-83
		FILM NUMBER:		181245578

	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 HIGH YIELD MUNICIPALS TRUST
		DATE OF NAME CHANGE:	19910203

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			EATON VANCE INVESTMENT TRUST
		CENTRAL INDEX KEY:			0000779991
		IRS NUMBER:				000000000

	FILING VALUES:
		FORM TYPE:		40-APP/A
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	812-14868-84
		FILM NUMBER:		181245577

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

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

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	EATON VANCE CALIFORNIA MUNICIPALS TRUST
		DATE OF NAME CHANGE:	19920604
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-APP/A
<SEQUENCE>1
<FILENAME>ev40appa.htm
<DESCRIPTION>EATON VANCE 40-APP/A DTD 12-20-2018
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><B>As filed with the Securities and Exchange
Commission on December 20, 2018</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: right">File No. 812-14868</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: right">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">UNITED STATES OF AMERICA</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">BEFORE THE</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">_____________________________________________________________________________________</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><I>In the Matter of</I></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><I>&nbsp;</I></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">EATON VANCE GROWTH TRUST ET AL.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">EATON VANCE MANAGEMENT</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">BOSTON MANAGEMENT AND RESEARCH</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Two International Place</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Boston, Massachusetts 02110</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">AMENDMENT NO. 2 TO THE APPLICATION FOR
AN ORDER PURSUANT</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">TO SECTION 6(c) OF THE INVESTMENT COMPANY
ACT OF 1940, AS AMENDED,</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">FOR AN EXEMPTION FROM SECTIONS 18(f)
AND 21(b); UNDER SECTION 12(d)(1)(J) FOR AN EXEMPTION FROM SECTION 12(d)(1); UNDER SECTIONS 6(c) AND 17(b) FOR AN EXEMPTION FROM
SECTIONS 17(a)(1), 17(a)(2) AND 17(a)(3); AND UNDER SECTION 17(d) AND RULE 17d-1 TO PERMIT CERTAIN JOINT ARRANGEMENTS AND TRANSACTIONS</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">_____________________________________________________________________________________</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Please send all communications to:</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Maureen Gemma</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Eaton Vance Management</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Two International Place</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Boston, Massachusetts 02110</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 1; Options: NewSection; Value: 1 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">UNITED STATES OF AMERICA</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">BEFORE THE</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">SECURITIES AND EXCHANGE COMMISSION</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">Washington, D.C. 20549</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">In the Matter of</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 6pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE GROWTH TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE INVESTMENT TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPALS TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPALS TRUST II</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUTUAL FUNDS TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SERIES FUND, INC.</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SERIES TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SERIES TRUST II</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SPECIAL INVESTMENT TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE VARIABLE TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE CALIFORNIA MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE CALIFORNIA MUNICIPAL INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE ENHANCED EQUITY INCOME FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE ENHANCED EQUITY INCOME FUND II</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE FLOATING-RATE INCOME PLUS FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE FLOATING-RATE INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE FLOATING-RATE 2022 TARGET TERM &#9;TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE HIGH INCOME 2021 TARGET TERM TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE LIMITED DURATION INCOME FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MASSACHUSETTS MUNICIPAL INCOME &#9;TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPAL BOND FUND II</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPAL INCOME 2028 TERM TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MUNICIPAL INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE NATIONAL MUNICIPAL OPPORTUNITIES &#9;TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE NEW JERSEY MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE NEW JERSEY MUNICIPAL INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE NEW YORK MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE NEW YORK MUNICIPAL INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE OHIO MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE OHIO MUNICIPAL INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE PENNSYLVANIA MUNICIPAL BOND FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE PENNSYLVANIA MUNICIPAL INCOME &#9;TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE RISK-MANAGED DIVERSIFIED EQUITY &#9;INCOME FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SENIOR FLOATING-RATE TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SENIOR INCOME TRUST</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE SHORT DURATION DIVERSIFIED INCOME &#9;FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-ADVANTAGED BOND AND OPTION &#9;STRATEGIES
        FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P></TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AMENDMENT NO. 2 TO THE APPLICATION FOR AN</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">ORDER PURSUANT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TO SECTION 6(c) OF THE</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">INVESTMENT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">COMPANY ACT OF 1940, AS</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AMENDED, FOR</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AN EXEMPTION FROM</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTIONS 18(f) AND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">21(b) OF THE ACT; UNDER</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTION 12(d)(1)(J)</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">OF THE ACT FOR AN</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EXEMPTION FROM</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTION 12(d)(1) OF THE</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">ACT; UNDER</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTIONS 6(c) AND 17(b) OF</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">THE ACT FOR AN</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EXEMPTION FROM</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTIONS 17(a)(1), 17(a)(2),</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AND17(a)(3) OF THE ACT;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AND UNDER</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SECTION 17(d) OF THE ACT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">AND RULE 17d-1</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">THEREUNDER TO PERMIT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">CERTAIN JOINT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">ARRANGEMENTS AND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TRANSACTIONS</P></TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 68%; padding-right: 5.4pt; padding-left: 5.4pt">
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-ADVANTAGED DIVIDEND INCOME &#9;FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDEND &#9;INCOME FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-ADVANTAGED GLOBAL DIVIDEND &#9;OPPORTUNITIES
        FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-MANAGED BUY-WRITE INCOME &#9;FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-MANAGED BUY-WRITE &#9;OPPORTUNITIES FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-MANAGED DIVERSIFIED EQUITY &#9;INCOME FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-MANAGED GLOBAL BUY-WRITE &#9;OPPORTUNITIES
        FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE TAX-MANAGED GLOBAL DIVERSIFIED &#9;EQUITY INCOME
        FUND</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">BOSTON INCOME PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">CORE BOND PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EMERGING MARKETS LOCAL INCOME PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE FLOATING RATE PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GLOBAL INCOME BUILDER PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GLOBAL MACRO ABSOLUTE RETURN ADVANTAGE PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GLOBAL MACRO CAPITAL OPPORTUNITIES PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GLOBAL MACRO PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GLOBAL OPPORTUNITIES PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">GREATER INDIA PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">HIGH INCOME OPPORTUNITIES PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">HIGH YIELD MUNICIPAL INCOME PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">INTERNATIONAL INCOME PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SENIOR DEBT PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">SHORT DURATION HIGH INCOME PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">STOCK PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TAX-MANAGED GROWTH PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TAX-MANAGED INTERNATIONAL EQUITY PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TAX-MANAGED MULTI-CAP GROWTH PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TAX-MANAGED SMALL-CAP PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">TAX-MANAGED VALUE PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">WORLDWIDE HEALTH SCIENCES PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">5-TO-15 YEAR LADDERED MUNICIPAL BOND PORTFOLIO</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MANAGEMENT</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">BOSTON MANAGEMENT AND RESEARCH</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>
        <P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">File No. 812-14868</P></TD>
    <TD STYLE="width: 32%; padding-right: 5.4pt; padding-left: 5.4pt; font: 11pt/115% Calibri, Helvetica, Sans-Serif">&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 11pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: bold 12pt/115% Times New Roman, Times, Serif; margin: 24pt 0 0; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: 11pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="width: 90%; text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">I.&nbsp;&nbsp;&nbsp;STATEMENT OF FACTS</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 5pt">5</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">II.&#160;&#160;&#160; INTRODUCTION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">5</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">III.&#160;&#160; BACKGROUND</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">6</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">IV.&#160;&#160; STATUTORY PROVISIONS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">11</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">V.&nbsp;&nbsp;&nbsp;REQUEST FOR ORDER</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">13</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">VI.&#160;&#160; SUPPORT OF THE EXEMPTION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">16</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">VII. &#160;CONCLUSION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">VIII. PROCEDURAL MATTERS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">24</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">IX.&#160;&#160; &#160;SIGNATURES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">26</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXHIBIT A &#150; SCHDULE OF COMPANIES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">28</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXHIBIT B &#150; AUTHORIZING RESOLUTIONS OF THE COMPANIES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">31</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXHIBIT C &#150; VERIFICATION OF THE COMPANIES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">32</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXHIBIT D-1 &#150; VERIFICATION OF EATON VANCE MANAGEMENT</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">33</TD></TR>
<TR STYLE="text-align: left; vertical-align: bottom; font: 11pt Times New Roman, Times, Serif">
    <TD STYLE="text-align: left; padding-top: 0in; padding-bottom: 5pt; padding-left: 0in">EXHIBIT D-2 &#150; VERIFICATION OF BOSTON MANAGEMENT AND RESEARCH</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 5pt">34</TD></TR>
</TABLE>

<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>I.</B></TD><TD><B>STATEMENT OF FACTS</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Each of the registered management
investment companies listed in Exhibit A to this application (each, a &ldquo;Company&rdquo;, and collectively, the &ldquo;Companies&rdquo;),
on its own behalf and on behalf of its respective underlying series, and any registered closed-end management investment company
or open-end management investment company or series thereof that may be advised by the Adviser (as defined below) in the future,
collectively with Eaton Vance Management and Boston Management and Research, hereby submit this application for an order of the
Securities and Exchange Commission (the &ldquo;Commission&rdquo;) under Section 6(c) of the Investment Company Act of 1940, as
amended (&ldquo;1940 Act&rdquo;), for an exemption from Sections 18(f) and 21(b); under Section 12(d)(1)(J) for an exemption from
Section 12(d)(1); under Sections 6(c) and 17(b) for an exemption from Sections 17(a)(1), 17(a)(2) and 17(a)(3); and under Section
17(d) and Rule 17d-1 to permit certain joint arrangements and transactions (the &ldquo;Application&rdquo;). Each of the Companies,
Eaton Vance Management and Boston Management and Research are referred to herein as an &ldquo;Applicant&rdquo;, and collectively,
the &ldquo;Applicants.&rdquo;<FONT STYLE="font-size: 11pt; line-height: 115%"><SUP>[1]</SUP></FONT> The Applicants request that
the order apply to the Applicants and to any registered closed-end management investment company or open-end management investment
company or series thereof for which Eaton Vance Management or Boston Management and Research, or any successor<FONT STYLE="font-size: 11pt; line-height: 115%"><SUP>[2]</SUP></FONT>
to either thereto, or an investment adviser controlling, controlled by, or under common control (within the meaning of Section
2(a)(9) of the 1940 Act) with Eaton Vance Management or Boston Management and Research, or any successor to either thereto, serves
as investment adviser (each such investment company or series thereof, a &ldquo;Fund&rdquo; and collectively the &ldquo;Funds&rdquo;,
and each such investment adviser, the &ldquo;Adviser&rdquo;). Certain future Funds may be money market funds that comply with Rule
2a-7 under the 1940 Act (each, a &ldquo;Money Market Fund&rdquo; and collectively, the &ldquo;Money Market Funds,&rdquo; and they
are included in the term &ldquo;Funds&rdquo;).<FONT STYLE="font-size: 11pt; line-height: 115%"><SUP>[3]</SUP></FONT> Each Fund
that currently intends to rely on the requested order has been named as an Applicant, and any other Fund that relies on the requested
order in the future will comply with the terms and conditions set forth in the Application.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>II.</B></TD><TD><B>INTRODUCTION</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The requested relief will permit
the Applicants to participate in an interfund lending facility through which each of the Funds may directly lend money to, and
borrow money from, each other Fund for temporary purposes (the &ldquo;InterFund Lending Program&rdquo;), provided that the loans
are made in accordance with the terms and conditions described in this Application. The relief requested will permit the Funds
access to a source of money and reduce costs currently incurred by a Fund needing to obtain a loan for temporary purposes. In addition,
the requested relief will enable a Fund with cash available to earn a return on the money that the Fund might otherwise not be
able to invest, or earn a higher rate of interest on investment of the Fund&rsquo;s short-term balances. The Applicants submit
that the requested exemptions are necessary and appropriate in the public interest, and are consistent with the protection of investors
and the purposes fairly intended by the policy and provisions of the 1940 Act.</P>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 5pc; margin-top: 12pt">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0"><FONT STYLE="font-size: 10pt; line-height: 115%"><SUP>[1]</SUP></FONT> The requested order would supersede a previous order obtained by the Applicants for similar relief (Eaton Vance Income Fund of Boston, et al., Investment Company Act Rel. Nos. 25640 (June 26, 2002) (notice) and 25669 (July 23, 2002) (order)) (the &ldquo;Prior Order&rdquo;).&nbsp; The requested order would update the terms and conditions of the Prior Order to follow recent precedent.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 6pt 0 0"><FONT STYLE="line-height: 115%"><SUP>[2]</SUP></FONT> For purposes of the requested order, &ldquo;successor&rdquo; is limited to any entity that results from a reorganization into another jurisdiction or a change in the type of business organization.</P>

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 6pt 0 0"><FONT STYLE="line-height: 115%"><SUP>[3]</SUP></FONT> Although the Money Market Funds are included in the requested relief hereunder, the Applicants expect that such Funds, which rarely need to borrow cash to meet redemptions, will typically not participate as borrowers. In addition, the closed-end Funds will not participate as borrowers under the InterFund Lending Program.</P>

<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>III.</B></TD><TD><B>BACKGROUND</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">A.</TD><TD><U>The Applicants</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Each Company is organized as either
a Maryland corporation or a Massachusetts business trust and is registered with the Commission as a closed-end management investment
company or an open-end management investment company. Each Company has issued shares of one or more Funds with its own distinct
investment objectives, policies and restrictions.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Board of Directors of each
Company formed as a corporation and the Board of Trustees of each Company formed as a trust (each a &ldquo;Board,&rdquo; and collectively,
the &ldquo;Boards&rdquo;) have the authority to, and may, from time to time, create additional series of a Company. Each Fund currently
offers its shares pursuant to an effective registration statement, pursuant to which the Fund&rsquo;s shares are registered under
the Securities Act of 1933, as amended (the &ldquo;Securities Act&rdquo;) (except for Funds that are intended to be master funds
in a master-feeder structure, which Funds are registered under the 1940 Act but are not registered under the Securities Act). The
Funds have entered into investment advisory and administrative services agreements with the Adviser pursuant to which the Adviser
provides investment advisory services and manages the Fund&rsquo;s business affairs, subject to the general oversight of the Board.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Eaton Vance Management and Boston
Management and Research, each a Massachusetts business trust, are investment advisers registered under the Investment Advisers
Act of 1940, as amended (the &ldquo;Advisers Act&rdquo;). Eaton Vance Management is a wholly-owned subsidiary of Eaton Vance Corp.
(&ldquo;EVC&rdquo;) and Boston Management and Research is an indirect subsidiary of EVC. Eaton Vance Management or Boston Management
and Research currently serves as the investment adviser to each existing Fund. Eaton Vance Management, Boston Management and Research
and their predecessor organizations have been managing assets since 1924 and managing mutual funds since 1931. Eaton Vance Management,
Boston Management and Research and their affiliates currently manage over $440.1 billion on behalf of mutual funds, institutional
clients and individuals.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Adviser serves or will serve
as investment adviser to each Fund, and to the extent applicable, oversee the activities of any sub-advisers to the Fund (&ldquo;Sub-Advisers&rdquo;).
Sub-Advisers, to the extent used by a Fund, will provide subadvisory services pursuant to a sub-advisory agreement, and will be
responsible for managing all or a portion of the relevant Fund&rsquo;s assets under the supervision of the Adviser. Each Sub-Adviser
will be registered as an investment adviser under the Advisers Act.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">To the extent that a Fund participates
as a potential borrower and/or lender in the InterFund Lending Program, the Fund&rsquo;s fundamental policies permit, or will permit,
borrowing and/or lending, as applicable. The amount of permitted temporary borrowings may vary for each Fund, but in no case exceeds,
or will exceed, the amount permitted under the 1940 Act and the rules, regulations and any orders obtained thereunder. Applicants
acknowledge that the issuance of InterFund Loans (defined below) may be subject to other regulatory requirements in addition to
the 1940 Act, including the Federal Reserve Board&rsquo;s Regulation U. Applicants intend to comply with any such requirements,
to the extent applicable.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Subject to the general oversight
of the Boards, each of the Adviser and, to the extent applicable, each Sub-Adviser, has the discretion to purchase and sell securities
and other assets and manage the short-term cash positions for the Funds in accordance with the Funds&rsquo; respective investment
policies, objectives, and strategies.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">B.</TD><TD><U>Current Lending and Borrowing Practices</U></TD></TR></TABLE>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">At any particular time, a Fund
with uninvested cash may lend money to a bank or other entity by entering into a repurchase agreement or invest in an affiliated
money market fund or other short-term money market instruments. At the same time, another Fund may need to borrow money from the
same or similar banks for temporary purposes, such as, for example, to cover an unanticipated cash shortfall (<I>e.g.</I>, a trade
&ldquo;fail&rdquo;). Although some Funds may borrow for investment purposes, such Funds will not borrow from the InterFund Lending
Program for the purposes of leverage.<FONT STYLE="font-size: 11pt; line-height: 115%"><SUP>[4]</SUP></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Funds are or will be parties
to a 364-day, $625 million unsecured line of credit (the &ldquo;Credit Agreement&rdquo;) with a group of lenders, which agreement
terminates on October 29, 2019 unless otherwise extended or renewed, for temporary purposes related to redemptions and other short
term liquidity requirements. The Funds party to the Credit Agreement are required to pay a commitment fee and an upfront fee, and
interest will be payable by a Fund on any borrowing. The Funds do not currently intend to terminate the Credit Agreement if the
relief requested herein is granted, but expect to renegotiate such arrangements from time to time. Furthermore, recent changes
in regulatory bank capital rules may reduce willingness by banks to continue to provide the Funds with existing credit lines, or
may cause banks to offer such credit lines at commitment fees and spreads significantly in excess of current rates. The Funds also
have an informal overdraft arrangement with their custodian, and the Applicants expect that custodian overdrafts will remain available
in the event that any order requested by this application is granted.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">C.</TD><TD><U>Consideration by the Boards and/or the Adviser</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Based on a review of the borrowing
and lending options currently available to the Funds compared to those available to other registered investment companies pursuant
to publicly available exemptive orders, the Boards have determined that it is prudent to provide the Funds with additional options
for borrowing and lending money in the case of an unexpected volume of redemptions, or an unanticipated cash shortfall due to settlement
failures. Since on any given day many Funds may hold significant cash positions, the Boards have concluded that the ability to
borrow between and among the Funds, subject to compliance policies and procedures designed to ensure compliance with the terms
and conditions of the requested order, would benefit the borrower and lender.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In addition, the Funds may have
available cash that from time-to-time cannot be invested because the money markets may be effectively closed, and these Funds could
benefit by lending the money to the Funds needing to borrow money.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">If the Funds that experience a
cash shortfall were to borrow under the Credit Agreement (or another credit facility), they would pay interest at a rate that is
likely to be higher than the rate that could be earned by non-borrowing Funds on investments in repurchase agreements and other
short-term money market instruments. The difference between the higher rate paid on a borrowing and what the bank pays to borrow
under repurchase agreements or other arrangements represents, in part, the bank&rsquo;s profit for serving as the middleperson
between a borrower and lender to the extent that it is not attributable to any material difference in the credit quality or risk
of such transactions.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">D.</TD><TD><U>The InterFund Lending Program</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Under the order requested in this
Application, the Funds would be authorized to enter into a master interfund lending agreement with each other that would permit
each Fund whose policies permit it to do so to lend money directly to, and borrow money directly from, other Funds for temporary
purposes</P>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 5pc; margin-top: 12pt">

<P STYLE="font: 10pt/normal Times New Roman, Times, Serif; margin: 6pt 0 0"><FONT STYLE="line-height: 115%"><SUP>[4]</SUP></FONT> In addition, certain Funds that do not borrow for investment purposes may engage in investment activities, such as short sales or derivatives, which may have the effect of investment leverage.</P>

<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">through the InterFund Lending Program (an &ldquo;InterFund
Loan&rdquo;). Although bank borrowings and/or custodian overdrafts may be sufficient to supply the Funds with a portion of the
cash required to satisfy unanticipated redemptions and &ldquo;sales fails,&rdquo; under the proposed InterFund Lending Program,
a borrowing Fund would pay lower interest rates than those that typically would be payable under short-term loans offered by banks
or custodian overdrafts.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Under the current agreement negotiated
between the Funds and the lending banks, the lending rate would generally be at a spread significantly above the rates available
through repurchase agreements. Funds making short-term cash loans directly to other Funds would earn interest at a rate higher
than they otherwise could obtain from investing their cash in repurchase agreements or certain other short-term money market instruments.
Thus, the proposed InterFund Lending Program would benefit both borrowing and lending Funds. Although the proposed InterFund Lending
Program would reduce the Funds&rsquo; need to borrow from banks, the Funds would be free to try to establish and/or continue lines
of credit or other borrowing arrangements with banks. The Funds would continue to have the option of using bank borrowings if it
is determined at the time that an urgent need arises and such course of action is more appropriate.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">It is anticipated that the InterFund
Lending Program would provide a borrowing Fund with a source of liquidity at a rate lower than the bank borrowing rate and also
operational flexibility at times when the cash position of the borrowing Fund is insufficient to meet temporary cash requirements.
This situation could arise when shareholder redemptions exceed anticipated volumes, such as during periods when shareholders redeem
from the Funds in connection with the periodic re-balancing of their individual investment portfolios, and certain Funds have insufficient
cash on hand to satisfy such redemptions. When the Funds liquidate portfolio securities to meet redemption requests, they often
do not receive payment in settlement for up to three days (or longer for certain foreign transactions and fixed income instruments).
However, Fund redemption requests are normally effected on a trade date plus 1 (T + 1) basis (<I>i.e.</I>, the day following the
trade date). Accordingly, the InterFund Lending Program would provide a source of immediate, short-term liquidity pending settlement
of the sale of portfolio securities.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">It is also anticipated that a
Fund could use the InterFund Lending Program when a sale of securities &ldquo;fails,&rdquo; due to circumstances beyond the Fund&rsquo;s
control, such as a delay in the delivery of cash to the Fund&rsquo;s custodian or improper delivery instructions by the broker
effecting the transaction. &ldquo;Sales fails&rdquo; may result in a cash shortfall if the Fund has undertaken to purchase a security
using the proceeds from securities sold. In the event of a sales fail, the custodian typically extends temporary credit to cover
the shortfall, and the Fund incurs overdraft charges. Alternatively, the Fund could: (i) &ldquo;fail&rdquo; on its intended purchase
due to lack of funds from the previous sale, resulting in additional cost to the Fund, or (ii) sell a security on a same-day settlement
basis, earning a lower return on the investment. Use of the InterFund Lending Program under these circumstances would enable the
Fund to have access to immediate short-term liquidity.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">To the extent that Funds participate
in the InterFund Lending Program, such Funds are, or will be, eligible to participate in the InterFund Lending Program as borrowers
and/or lenders. However, the closed-end Funds will not and Money Market Funds typically would not participate as borrowers under
the InterFund Lending Program, but may do so if it is determined to be in the best interests of such Money Market Funds by the
Adviser and their respective portfolio manager(s). Each Fund must proactively &ldquo;opt-in&rdquo; to the InterFund Lending Program
as a potential borrower or lender.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The interest rate charged to the
Funds on any InterFund Loan (&ldquo;InterFund Loan Rate&rdquo;) would be determined daily, as applicable, by the InterFund Lending
Program Administration Group (as defined below) and will consist of the average of the (1) highest repo (lending) rate (the &ldquo;Repo
Rate&rdquo;), and (2) bank credit facility (borrowing) rate (the &ldquo;Bank Loan Rate&rdquo;). The Repo Rate would be the highest
current</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">overnight repurchase agreement rate available to a
lending Fund, and the Bank Loan Rate for any day would be calculated in accordance with a formula approved by the Boards by the
InterFund Lending Program Administration Group on each day an InterFund Loan is made. The formula is designed to approximate the
lowest interest rate at which a bank short-term loan would be available to a borrowing Fund, and would be based upon a publicly
available rate (<I>e.g</I>., Federal funds rate and/or LIBOR) plus an additional spread of basis points and would vary with this
rate so as to reflect changing bank loan rates. The initial formula and any subsequent modifications to the formula would be subject
to Board approval. In addition, the Board of each Fund will periodically review the continuing appropriateness of reliance on the
formula used to determine the Bank Loan Rate, as well as the relationship between the Bank Loan Rate and current bank loan rates
that would be available to the Fund. The continual adjustment of the Bank Loan Rate to reflect changes in prevailing bank loan
rates and the periodic review by the Boards of the relationship between current bank rates and the Bank Loan Rate, as well as the
method of determining the Bank Loan Rate, would ensure that the Bank Loan Rate remained in line with current market rates and representative
of the cost of borrowing from banks to satisfy the Funds&rsquo; short-term needs. The InterFund Loan Rate would be the same for
all borrowing Funds on a given day. The Applicants submit that these procedures provide a high level of assurance that the Bank
Loan Rate will be representative of prevailing market rates.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Certain of the Adviser&rsquo;s
fund administrative and fund accounting personnel (other than investment advisory personnel) (the &ldquo;InterFund Lending Program
Administration Group&rdquo;) will administer the InterFund Lending Program. The InterFund Lending Program Administration Group
will consist primarily of employees and officers of the Adviser&rsquo;s fund administration group with support from the Adviser&rsquo;s
risk management, compliance, legal, trading and informational technology personnel. The InterFund Lending Program Administration
Group will be responsible for, among other things, monitoring daily cash balances of lending Funds and the cash needs of borrowing
Funds; verifying with the portfolio manager(s) of a borrowing Fund that the Fund has receivables, assets that mature or liquid
assets that will be sold so that the duration of the borrowing will be limited to the time it takes to receive payments from such
sources to pay off the borrowing; and verifying that the borrowings will be within all interfund lending policies and limits. No
portfolio manager of any Fund will serve as a member of the InterFund Lending Program Administration Group. Based on information
it receives from various sources and without consultation with portfolio managers, each Fund&rsquo;s custodian currently determines
and provides portfolio managers the amount of cash that they have available for investment purposes each day. Unforeseen circumstances,
such as a security transaction failing to settle on time or an unforeseen level of redemptions, may cause a Fund to end a day with
a negative cash position. The program&rsquo;s activities will be monitored by the Funds&rsquo; Chief Compliance Officer. An InterFund
Loan will be made only if the InterFund Loan will be in the best interest of both the lending and borrowing Funds.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">On any day when a Fund needs to
borrow money, the InterFund Lending Program Administration Group will consider the cash positions and borrowing needs of all Funds.
Under the proposed InterFund Lending Program, each participating Fund&rsquo;s portfolio manager(s), who would be employees of the
Adviser or the relevant Sub-Adviser, as applicable, would have the ability to provide standing instructions to participate daily
as a borrower or lender. The InterFund Lending Program Administration Group on each business day would collect data on the uninvested
cash and borrowing requirements of all participating Funds. After the InterFund Lending Program Administration Group has allocated
cash for InterFund Loans, any remaining cash will be invested in accordance with the standing instructions of the relevant portfolio
manager(s) or such remaining amounts will be invested directly by the portfolio managers of the Funds.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
Administration Group will also consider how much earned lending revenue each Fund has had, and will attempt to allocate lending
across all Funds that may make InterFund Loans in an equitable fashion. If there is not enough cash available to meet all needs,
the</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">InterFund Lending Program Administration Group will
decide the amount of cash that will be allocated to each Fund needing to borrow money. The InterFund Loan Rate will never be (i)
less favorable to the lending Fund than the Repo Rate, or (ii) less favorable to the borrowing Fund than the Bank Loan Rate. Thus,
no InterFund Loan would be made on terms unfavorable to either the lending Fund or the borrowing Fund relative to these measures.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
Administration Group would allocate borrowing demand and cash available for lending among the Funds on what the InterFund Lending
Program Administration Group believes to be an equitable basis, subject to certain administrative procedures applicable to all
Funds, such as the time of filing requests to participate, minimum loan lot sizes, and the need to minimize the number of transactions
and associated administrative costs. To reduce transaction costs, each InterFund Loan normally would be allocated in a manner intended
to minimize the number of participants necessary to complete the loan transaction. The InterFund Lending Program Administration
Group will make an InterFund Loan in the required amount or for the amount of cash that is available only if the InterFund Loan
Rate is more favorable to the lending Fund than the Repo Rate and more favorable to the borrowing Fund than the Bank Loan Rate.
To ensure the InterFund Lending Program will not interfere with an investment program, portfolio managers may elect for their funds
not to participate in the InterFund Lending Program for whatever amount of time they believe necessary to complete the investment
program. The InterFund Lending Program Administration Group will honor the election, and the Adviser or the applicable Sub-Adviser
will continue to manage the short-term cash of those Funds opting out of the InterFund Lending Program in accordance with established
operating procedures.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Once the InterFund Lending Program
Administration Group has determined the aggregate amount of cash available for loans and borrowing demand, the InterFund Lending
Program Administration Group will allocate loans among borrowing Funds without any further communication from the portfolio managers
of the Funds. The InterFund Lending Program Administration Group will not solicit cash for the InterFund Lending Program from any
Fund or prospectively publish or disseminate loan demand data to portfolio managers.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
Administration Group, on behalf of the Adviser, would (i) monitor the InterFund Loan Rate and other terms and conditions of the
InterFund Loans; (ii) limit the borrowings and loans entered into by each Fund to ensure that they comply with the Fund&rsquo;s
investment policies and limitations; (iii) implement and follow procedures designed to ensure equitable treatment of each Fund;
and (iv) make quarterly reports to the Board of each Fund concerning any transactions by the applicable Fund under the InterFund
Lending Program and the InterFund Loan Rate.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Adviser, through the InterFund
Lending Program Administration Group, would administer the InterFund Lending Program as a disinterested fiduciary as part of its
duties under the investment advisory and administrative services agreements with each Fund and would receive no additional fee
as compensation for its services in connection with the administration of the InterFund Lending Program. This means no Fund will
pay any additional fees in connection with the administration of the InterFund Lending Program (<I>i.e</I>., the Funds will not
pay: standard pricing, record keeping, book keeping or accounting fees in connection with the InterFund Lending Program). The procedures
for allocating cash among borrowing Funds and determining loan participations among lending Funds, together with related administrative
procedures, will be approved by each Board, including a majority of its Directors/Trustees who are not &ldquo;interested persons,&rdquo;
as defined in Section 2(a)(19) of the 1940 Act (collectively, the &ldquo;Independent Directors/Trustees&rdquo;), to ensure that
both borrowing and lending Funds participate on an equitable basis.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Under the proposed InterFund Lending
Program, a Fund would be permitted to lend to another Fund on an unsecured basis only if the borrowing Fund&rsquo;s total outstanding
borrowings from all sources</P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">are equal to or less than 10% of its total assets
immediately after the interfund borrowing. If a Fund had a secured loan outstanding from any other source, or if the Fund&rsquo;s
outstanding borrowings immediately after the interfund borrowing were greater than 10% of its total assets, the Fund could borrow
only on a secured basis.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Under current investment restrictions
and/or non-fundamental policies, each Fund&rsquo;s lending activities are also limited. Prior to making any loan or borrowing under
the InterFund Lending Program with respect to a Fund that is not currently permitted to do so, the Adviser will seek approval of
shareholders of the Fund to the extent necessary to change restrictions to allow borrowing and lending pursuant to the InterFund
Lending Program. To the extent necessary to allow lending and borrowing, respectively, pursuant to the InterFund Lending Program
that is considered beneficial by a Fund&rsquo;s Board, the Board will change that Fund&rsquo;s non-fundamental policies as may
be necessary. Amounts borrowed by each Fund, including any amount borrowed through the InterFund Lending Program, must be consistent
with the restrictions and/or policies applicable to each Fund at the time of the borrowing. The InterFund Lending Program Administration
Group will verify with a portfolio manager of a borrowing Fund that a borrowing Fund must either have receivables, assets that
mature, or liquid assets which will be sold so that the duration of any borrowings made under the InterFund Lending Program will
be limited to the time it takes to receive payments from these sources to pay off the obligation incurred under the InterFund Lending
Program. In addition, amounts borrowed through the proposed InterFund Lending Program would be reasonably related to a Fund&rsquo;s
temporary borrowing need.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In order to facilitate monitoring
of these conditions, the Applicants will limit a Fund&rsquo;s borrowings through the proposed InterFund Lending Program, as measured
on the day when the most recent loan was made, to the greater of 125% of the Fund&rsquo;s total net cash redemptions for the preceding
seven (7) calendar days or 102% of the Fund&rsquo;s sales fails for the preceding seven (7) calendar days. All loans would be callable
at any time with one business day&rsquo;s notice by the lending Fund. A borrowing Fund could repay an outstanding loan in whole
or in part at any time. While a borrowing Fund would pay interest on the borrowing, the borrowing Fund would not pay any fees in
connection with any early repayment of an InterFund Loan. The Funds will not borrow from the proposed InterFund Lending Program
for leverage purposes.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">No Fund may participate in the
InterFund Lending Program unless (i) the Fund has obtained shareholder approval for its participation, if such approval is required
by law, (ii) the Fund has fully disclosed all material information concerning the InterFund Lending Program in its registration
statement on Form N-1A or, in the case of a closed-end Fund, in its registration statement on Form N-2 or shareholder reports;
and (iii) the Fund&rsquo;s participation in the InterFund Lending Program is consistent with its investment objectives, investment
restrictions, policies, limitations, and organizational documents.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>IV.</B></TD><TD><B>STATUTORY PROVISIONS</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 12(d)(1) of the 1940 Act
generally makes it unlawful for a registered investment company to sell a security it issues to another investment company or purchase
any security issued by any other investment company except in accordance with the limitations set forth in that Section.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(a)(1) of the 1940 Act
generally prohibits any affiliated person of a registered investment company, or any affiliated person of such a person, from knowingly
selling securities or other property to the investment company when acting as principal.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(a)(2) of the 1940 Act
generally prohibits any affiliated person of a registered investment company, or any affiliated person of such a person, from knowingly
purchasing securities or other property from the investment company when acting as principal.</P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(a)(3) of the 1940 Act
generally prohibits any affiliated person, or affiliated person of such a person, from borrowing money or other property from a
registered investment company when acting as principal.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(d) of the 1940 Act
and Rule 17d-1 thereunder generally prohibit any affiliated person of a registered investment company, or affiliated person of
such a person, when acting as principal, from effecting any transaction in which the investment company is a joint or a joint and
several participant unless permitted by a Commission order upon application.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 18(f)(1) of the 1940 Act
prohibits registered open-end investment companies from issuing any senior security except that any such registered company shall
be permitted to borrow from any bank provided that immediately after any such borrowing there is an asset coverage of at least
300 per centum for all borrowings of such registered company. Under Section 18(g) of the 1940 Act, the term &ldquo;senior security&rdquo;
includes any bond, debenture, note, or similar obligation or instrument constituting a security and an evidence of indebtedness.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 21(b) of the 1940 Act
generally prohibits any registered management company from lending money or other property to any person if that person controls
or is under common control with that company.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2(a)(3)(C) of the 1940
Act defines an &ldquo;affiliated person&rdquo; of another person, in part, to be any person directly or indirectly controlling,
controlled by, or under common control with, such other person.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 2(a)(9) of the 1940 Act
defines &ldquo;control&rdquo; as &ldquo;the power to exercise a controlling influence over the management or policies of a company,&rdquo;
but excludes situations in which &ldquo;such power is solely the result of an official position with such company.&rdquo;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 6(c) of the 1940 Act provides
that an exemptive order may be granted if and to the extent that such an exemption is &ldquo;necessary or appropriate in the public
interest and consistent with the protection of investors and the purposes fairly intended by the policy and provisions&rdquo; of
the 1940 Act.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 12(d)(1)(J) of the 1940
Act provides that by order upon application the Commission also may exempt persons, securities or transactions from any provision
of Section 12(d)(1) of the 1940 Act &ldquo;if and to the extent that such exemption is consistent with the public interest and
the protection of investors.&rdquo;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(b) of the 1940 Act
generally provides that the Commission may grant applications and issue orders exempting a proposed transaction from the provisions
of Section 17(a) of the 1940 Act provided that (1) the terms of the transaction, including the compensation to be paid or received,
are reasonable and fair and do not involve any overreaching, (2) the proposed transaction is consistent with the policy of each
registered investment company as recited in its registration statement, and (3) the proposed transaction is consistent with the
general purposes of this title.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Rule 17d-1(b) under the 1940 Act
provides that in passing upon an application filed under the Rule, the Commission will consider whether the participation of the
registered investment company in a joint enterprise, joint arrangement or profit sharing plan on the basis proposed is consistent
with the provisions, policies and purposes of the 1940 Act and the extent to which such participation is on a basis different from
or less advantageous than that of other participants.</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>V.</B></TD><TD><B>REQUEST FOR ORDER</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In connection with the InterFund
Lending Program, the Applicants request an order under (i) Section 6(c) of the 1940 Act granting relief from Sections 18(f) and
21(b) of the 1940 Act; (ii) Section 12(d)(1)(J) of the 1940 Act granting relief from Section 12(d)(1) of the 1940 Act; (iii) Sections
6(c) and 17(b) of the 1940 Act granting relief from Sections 17 (a)(1), 17(a)(2) and 17(a)(3) of the 1940 Act; and (iv) Section
17(d) of the 1940 Act and Rule 17d-1 under the 1940 Act.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">A.</TD><TD><U>Conditions of Exemption</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.25in">The Applicants agree that any
order granting the requested relief will be subject to the following conditions:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>The InterFund Loan Rate will be the average of the Repo Rate and the Bank Loan Rate.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>On each business day when an interfund loan is to be made, the InterFund Lending Program Administration Group will compare
the Bank Loan Rate with the Repo Rate and will make cash available for InterFund Loans only if the InterFund Loan Rate is (i) more
favorable to the lending Fund than the Repo Rate, and (ii) more favorable to the borrowing Fund than the Bank Loan Rate.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>If a Fund has outstanding bank borrowings, any InterFund Loan to the Fund will: (i) be at an interest rate equal to or lower
than the interest rate of any outstanding bank borrowing; (ii) be secured at least on an equal priority basis with at least an
equivalent percentage of collateral to loan value as any outstanding bank loan that requires collateral; (iii) have a maturity
no longer than any outstanding bank loan (and in any event not over seven days); and (iv) provide that, if an event of default
occurs under any agreement evidencing an outstanding bank loan to the Fund, that event of default by the Fund, will automatically
(without need for action or notice by the lending Fund), constitute an immediate event of default under the interfund lending agreement,
which both (aa) entitles the lending Fund to call the InterFund Loan immediately and exercise all rights with respect to any collateral
and (bb) causes the call to be made if the lending bank exercises its right to call its loan under its agreement with the borrowing
Fund.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">4.</TD><TD>A Fund may borrow on an unsecured basis through the InterFund Lending Program only if the relevant borrowing Fund&rsquo;s outstanding
borrowings from all sources immediately after the interfund borrowing total 10% or less of its total assets, provided that if the
borrowing Fund has a secured loan outstanding from any other lender, including but not limited to another Fund, the lending Fund&rsquo;s
InterFund Loan will be secured on at least an equal priority basis with at least an equivalent percentage of collateral to loan
value as any outstanding loan that requires collateral. If a borrowing Fund&rsquo;s total outstanding borrowings immediately after
an InterFund Loan would be greater than 10% of its total assets, the Fund may borrow through the InterFund Lending Program only
on a secured basis. A Fund may not borrow through the InterFund Lending Program or from any other source if its total outstanding
borrowings immediately after the borrowing would be more than 33 1/3% of its total assets or any lower threshold provided for by
a Fund&rsquo;s fundamental restriction or non-fundamental policy.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">5.</TD><TD>Before any Fund that has outstanding interfund borrowings may, through additional borrowings, cause its outstanding borrowings
from all sources to exceed 10% of its total assets, it must first secure each outstanding InterFund Loan to a Fund by the pledge
of segregated collateral with a market value at least equal to 102% of the outstanding principal value of the loan. If the total
outstanding borrowings of a Fund with outstanding InterFund Loans exceed 10% of its total</TD></TR></TABLE>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt 0.5in">assets for any other reason (such as a decline
in net asset value or because of shareholder redemptions), the Fund will within one business day thereafter either (i) repay all
its outstanding InterFund Loans to other Funds, (ii) reduce its outstanding indebtedness to 10% or less of its total assets, or
(iii) secure each outstanding InterFund Loan to other Funds by the pledge of segregated collateral with a market value at least
equal to 102% of the outstanding principal value of the loan until the Fund&rsquo;s total outstanding borrowings cease to exceed
10% of its total assets, at which time the collateral called for by this condition 5 shall no longer be required. Until each InterFund
Loan that is outstanding at any time that a Fund&rsquo;s total outstanding borrowings exceed 10% of its total assets is repaid
or the Fund&rsquo;s total outstanding borrowings cease to exceed 10% of its total assets, the Fund will mark the value of the collateral
to market each day and will pledge such additional collateral as is necessary to maintain the market value of the collateral that
secures each outstanding InterFund Loan to Funds at least equal to 102% of the outstanding principal value of the InterFund Loans.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">6.</TD><TD>No Fund may lend to another Fund through the InterFund Lending Program if the loan would cause the lending Fund&rsquo;s aggregate
outstanding loans through the InterFund Lending Program to exceed 15% of its current net assets at the time of the loan.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">7.</TD><TD>A Fund&rsquo;s InterFund Loans to any one Fund shall not exceed 5% of the lending Fund&rsquo;s net assets.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">8.</TD><TD>The duration of InterFund Loans will be limited to the time required to receive payment for securities sold, but in no event
more than seven (7) days. Loans effected within seven (7) days of each other will be treated as separate loan transactions for
purposes of this condition 8.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">9.</TD><TD>A Fund&rsquo;s borrowings through the InterFund Lending Program, as measured on the day when the most recent loan was made,
will not exceed the greater of 125% of the Fund&rsquo;s total net cash redemptions for the preceding seven (7) calendar days or
102% of a Fund&rsquo;s sales fails for the preceding seven (7) calendar days.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">10.</TD><TD>Each InterFund Loan may be called at any time on one business day&rsquo;s notice by a lending Fund and may be repaid on any
day by a borrowing Fund.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">11.</TD><TD>A Fund&rsquo;s participation in the InterFund Lending Program must be consistent with its investment restrictions, policies,
limitations, and organizational documents.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">12.</TD><TD>The InterFund Lending Program Administration Group will calculate total Fund borrowing and lending demand through the InterFund
Lending Program, and allocate InterFund Loans on an equitable basis among the Funds, without the intervention of any portfolio
manager. The InterFund Lending Program Administration Group will not solicit cash for the InterFund Lending Program from any Fund
or prospectively publish or disseminate loan demand data to portfolio managers. After the InterFund Lending Program Administration
Group has allocated cash for InterFund Loans, any remaining cash will be invested in accordance with the standing instructions
of the relevant portfolio manager(s) or such remaining amounts will be invested directly by the portfolio managers of the Funds.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">13.</TD><TD>The InterFund Lending Program Administration Group will monitor the InterFund Loan Rate charged and the other terms and conditions
of the InterFund Loans and will make a quarterly report to the Board concerning the participation of the Funds in the InterFund
Lending Program and the terms and other conditions of any extensions of credit under the InterFund Lending Program.</TD></TR></TABLE>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">14.</TD><TD>Each Board, including a majority of its Independent Directors/Trustees, will (i) review, no less frequently than quarterly,
the participation of each Fund it oversees in the InterFund Lending Program during the preceding quarter for compliance with the
conditions of any order permitting such participation; (ii) establish the Bank Loan Rate formula used to determine the interest
rate on InterFund Loans; (iii) review, no less frequently than annually, the continuing appropriateness of the Bank Loan Rate formula
and; (iv) review, no less frequently than annually, the continuing appropriateness of the participation in the InterFund Lending
Program by each Fund it oversees.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">15.</TD><TD>Each Fund will maintain and preserve for a period of not less than six years from the end of the fiscal year in which any transaction
by it under the InterFund Lending Program occurred, the first two years in an easily accessible place, written records of all such
transactions setting forth a description of the terms of the transaction, including the amount, the maturity and the InterFund
Loan Rate, the rate of interest available at the time each InterFund Loan is made on overnight repurchase agreements and bank borrowings,
and such other information presented to the Boards in connection with the review required by conditions 13 and 14.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">16.</TD><TD>In the event an InterFund Loan is not paid according to its terms and the default is not cured within two business days from
its maturity or from the time the lending Fund makes a demand for payment under the provisions of the interfund lending agreement,
the Adviser to the lending Fund promptly will refer the loan for arbitration to an independent arbitrator selected by the Board
of any Fund involved in the loan who will serve as arbitrator of disputes concerning InterFund Loans. If the dispute involves Funds
that do not have a common Board, the Board of each affected Fund will select an independent arbitrator that is satisfactory to
each Fund. The arbitrator will resolve any problem promptly, and the arbitrator&rsquo;s decision will be binding on both Funds.
The arbitrator will submit, at least annually, a written report to the Board of each Fund setting forth a description of the nature
of any dispute and the actions taken by the Funds to resolve the dispute.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">17.</TD><TD>The Adviser will prepare and submit to the Board for review an initial report describing the operations of the InterFund Lending
Program and the procedures to be implemented to ensure that all Funds are treated fairly. After the commencement of the InterFund
Lending Program, the Adviser will report on the operations of the InterFund Lending Program at each Board&rsquo;s quarterly meetings.
Each Fund&rsquo;s chief compliance officer, as defined in Rule 38a-1(a)(4) under the 1940 Act, shall prepare an annual report for
its Board each year that the Fund participates in the InterFund Lending Program, that evaluates the Fund&rsquo;s compliance with
the terms and conditions of the Application and the procedures established to achieve such compliance. Each Fund&rsquo;s chief
compliance officer will also annually file a certification pursuant to item 77Q3 of Form N-SAR as such Form may be revised, amended
or superseded from time to time, for each year that the Fund participates in the InterFund Lending Program, that certifies that
the Fund and the Adviser have implemented procedures reasonably designed to achieve compliance with the terms and conditions of
the order. In particular, such certification will address procedures designed to achieve the following objectives:</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">a)</TD><TD>that the InterFund Loan Rate will be higher than the Repo Rate, but lower than the Bank Loan Rate;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">b)</TD><TD>compliance with the collateral requirements as set forth in the Application;</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">c)</TD><TD>compliance with the percentage limitations on interfund borrowing and lending;</TD></TR></TABLE>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">d)</TD><TD>allocation of interfund borrowing and lending demand in an equitable manner and in accordance with procedures established by
the Board; and</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.75in"></TD><TD STYLE="width: 0.25in">e)</TD><TD>that the InterFund Loan Rate does not exceed the interest rate on any third party borrowings of a borrowing Fund at the time
of the InterFund Loan.</TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt 0.25in; text-indent: 0.5in">Additionally, each Fund&rsquo;s
independent registered public accounting firm, in connection with such firm&rsquo;s audit examination of the Fund, will review
the operation of the InterFund Lending Program for compliance with the conditions of the Application and such review will form
the basis, in part, of the firm&rsquo;s report on internal accounting controls in Form N-SAR.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">18.</TD><TD>No Fund will participate in the InterFund Lending Program, upon receipt of requisite regulatory approval, unless it has fully
disclosed in the relevant Company&rsquo;s registration statement on Form N-1A (or any successor form adopted by the Commission),
or, in the case of a closed-end Fund, the Company&rsquo;s registration statement on Form N-2 (or any successor form adopted by
the Commission) or shareholder reports, all material facts about the Fund&rsquo;s intended participation.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>VI.</B></TD><TD><B>SUPPORT OF THE EXEMPTION</B></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">A.</TD><TD><U>Precedent</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Commission has granted orders
permitting a number of fund complexes to establish an interfund lending program based on conditions substantially the same as those
proposed in this Application: <U>Northern Funds</U>, Investment Company Act Release No. 29368 (July 23, 2010) (Notice), and 29381
(August 18, 2010) (Order) (the &ldquo;Northern Funds Order&rdquo;), <U>MFS Series Trust I, et al.</U>, Investment Company Act Release
Nos. 29827 (Sept. 30, 2011) (Notice), and 29849 (Oct. 26, 2011) (Order) (the &ldquo;MFS Order&rdquo;); <U>Principal Funds, Inc.</U>,
Investment Company Act Release Nos. 29824 (Sept. 29, 2011) (Notice), and 29843 (Oct. 25, 2011) (Order) (the &ldquo;Principal Funds
Order&rdquo;); <U>John Hancock Variable Insurance Trust&nbsp;et al</U>., Investment Company Act Release Nos. 29865 (Nov. 18, 2011)
(Notice), and 29885 (Dec. 14, 2011) (Order) (the &ldquo;John Hancock Order&rdquo;); <U>Fidelity Aberdeen Street Trust et al.</U>,
Investment Company Act Release Nos. 30258 (Nov. 6, 2012) (Notice), and 30288 (Dec. 3, 2012) (Order) (the &ldquo;Fidelity Order&rdquo;),
<U>DFA Investment Dimensions Group Inc., et al</U>., Investment Company Act Release Nos. 30976 (Mar. 7, 2014) (Notice), and 31001
(Apr. 2, 2014) (the &ldquo;DFA Order&rdquo;), <U>Vanguard Admiral Funds, et al.</U>, Investment Company Act Release Nos. 31021
(Apr. 17, 2014) (Notice), and 31044 (May 13, 2014) (Order) (the &ldquo;Vanguard Order&rdquo;); <U>Ivy Funds, et al</U>., Investment
Company Act Release Nos. 31068 (June 2, 2014) (Notice), and 31138 (June 30, 2014) (Order) (the &ldquo;Ivy Order&rdquo;); <U>BMO
Funds, Inc., et al</U>., Investment Company Act Release Nos. 31146 (July 2, 2014) (Notice), and 31193 (July 30, 2014) (Order) (the
&ldquo;BMO Order&rdquo;); <U>JNL Series Trust, et al</U>., Investment Company Act Release Nos. 31261 (Sept. 24, 2014) (Notice),
31297 (Oct. 20, 2014) (Order) (the &ldquo;JNL Order&rdquo;);&nbsp; <U>PNC Funds, et. al.</U>, Investment Company Act Release Nos.
31976 (Feb. 1, 2016) (Notice), and 32010 (Feb. 29, 2016) (Order) (the &ldquo;PNC Order&rdquo;); <U>AMCAP Fund, et al</U>., Investment
Company Act Release Nos. 32049 (March 24, 2016 (Notice), and 32077 (April 19, 2016) (Order) (the &ldquo;AMCAP Order&rdquo;);&nbsp;<U>Nationwide
Mutual Funds, et al.</U>, Investment Company Act Release Nos. 32115 (May 16, 2016) (Notice), and 32148 (June 13, 2016) (Order)
(the &ldquo;Nationwide Order&rdquo;); <U>BlackRock Funds, et al.</U>, Investment Company Act Release Nos. 32209 (Aug. 8, 2016)
(Notice), and 32252 (Sept. 6, 2016) (Order) (the &ldquo;BlackRock Order&rdquo;); <U>AB Bond Fund Inc., et al.</U>, Investment Company
Act Release Nos. 32540 (Mar. 22, 2017) (Notice), and 32600 (April 18, 2017) (Order) (the &ldquo;AB Bond Order&rdquo;); <U>Angel
Oak Funds Trust and Angel Oak Capital Advisors, LLC</U>, Investment Company Act Release Nos. 32584 (Mar. 30, 2017) (Notice), and
32611 (Apr. 25, 2017) (Order) (the &ldquo;Angel Oak Order&rdquo;); <U>Allianz Funds, et al.</U>, Investment Company Act Release
Nos. 32631 (May 10, 2017) (Notice), 32671 (June 6, 2017) (Order) (the &ldquo;Allianz Order&rdquo;); <U>TIAA-CREF, et al.</U>, Investment
Company Act Release Nos. 32779 (Aug. 15, 2017) (Notice), 32814 (Sept. 12, 2017) (Order) (the &ldquo;TIAA-CREF Order&rdquo;);</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><U>AQR Funds, et al.</U>, Investment Company Act Release
Nos. 32821 (Sept. 18, 2017) (Notice), and 32863 (Oct. 19, 2017) (Order) (the &ldquo;AQR Order&rdquo;); and <U>PIMCO Funds, et al.</U>,
Investment Company Act Release Nos. 32867 (Oct. 23, 2017) (Notice), and 32903 (Nov. 20, 2017) (Order) (the &ldquo;PIMCO Order&rdquo;);
<U>Harbor Funds and Harbor Capital Advisors, Inc.</U>, Investment Company Act Release Nos. 32965 (Jan. 9, 2018) (Notice), and 33000
(Feb. 5, 2018) (Order); <U>Columbia Funds Series Trust, et al.</U>, Investment Company Act Release Nos. 32998 (Jan. 30, 2018) (Notice),
and 33036 (Feb. 27, 2018) (Order); <U>Aquila Funds Trust, et al.</U>, Investment Company Act Release Nos. 33061 (March 28, 2018)
(Notice), and 33078 (Apr. 24, 2018) (Order); and <U>Franklin Alternative Strategies Funds, et al.</U>, Investment Company Act Release
Nos. 33095 (May 10, 2018) (Notice), and 33117 (June 5, 2018) (Order).</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Applicants seek relief from Section
17(a)(2) to the extent that the granting of a security interest by a Fund to another Fund could be deemed to be a knowing &ldquo;purchase&rdquo;
of a security. Although the term &ldquo;purchase&rdquo; is not necessarily inclusive of transfers of all kinds of property rights
or equitable interests, including pledges, the Applicants contend that the taking of a pledge or security interest in the property
of a borrowing Fund by a lending Fund, could be deemed to be a &ldquo;purchase&rdquo; by the lending Fund. The Applicants believe
that since a pledge could be construed to be a purchase and since all prior applicants conditioned their application on granting
pledges under certain circumstances, accordingly, the Applicants believe that relief from Section 17(a)(2) of the 1940 Act is appropriate
to assure that the borrowing Funds can pledge their securities as contemplated by the Applicants&rsquo; proposed Condition of Exemption
5. The Northern Funds Order, MFS Order, Principal Funds Order, John Hancock Order, DFA Order, Vanguard Order, Ivy Order, BMO Order,
JNL Order, BlackRock Order, and AB Bond Order in particular, are very strong precedent for the relief requested by the Applicants
in so far as the process used in those applications to administer interfund loans are indistinguishable from, or substantially
similar to, that which the Applicants propose to use. The Northern Funds Order, MFS Order, Principal Funds Order, John Hancock
Order, DFA Order, Vanguard Order, Ivy Order, BMO Order, JNL Order, PNC Order, AMCAP Order, Nationwide Order, BlackRock Order, and
AB Bond Order also each grant relief from Section 17(a)(2), as would the present application.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in">B.</TD><TD><U>Statements in Support of Application</U></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The proposed InterFund Lending
Program is intended to be used by the Funds solely as a means of (i) reducing the cost incurred by the Funds in obtaining bank
loans and obtaining custodian overdrafts for temporary purposes, and (ii) increasing the return received by the Funds in the investment
of their daily cash balances. Other than its receipt of its fees under the investment advisory and administrative services agreements
with each Fund, the Adviser has no pecuniary or other stake in the InterFund Lending Program.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Before the Funds participate in
the proposed InterFund Lending Program, the Independent Directors/Trustees will carefully consider the benefits and possible additional
risk to the Funds they oversee as a result of their participation in the InterFund Lending Program and conclude that participation
in the InterFund Lending Program would be in the best interests of each such Fund. As part of the Board&rsquo;s review of the continuing
appropriateness of a Fund&rsquo;s participation in the InterFund Lending Program, as required by condition 14, the Board, including
a majority of the Independent Directors/Trustees, also will review the process in place to appropriately assess: (i) if the Fund
participates as a lender, any effect its participation may have on the Fund&rsquo;s liquidity risk; and (ii) if the Fund participates
as a borrower, whether the Fund&rsquo;s portfolio liquidity is sufficient to satisfy its obligations under the InterFund Lending
Program along with its other liquidity needs.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The significant benefits to be
derived from participation in the InterFund Lending Program will be shared both by lending Funds and borrowing Funds. The interest
rate formula is designed to ensure that lending Funds receive a higher return on their uninvested cash balances than they otherwise
would</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">have obtained from investment of such cash in overnight
repurchase agreements or other short-term investments, and that borrowing Funds incur lower borrowing costs than they otherwise
would under bank loan arrangements or through custodian overdrafts. InterFund Loans will be made only when both of these conditions
are met. To ensure that these conditions are met, the InterFund Lending Program Administration Group will compare the Bank Loan
Rate with the Repo Rate on each business day that an interfund loan is made. (It is not anticipated that the InterFund Lending
Program Administration Group will compare rates on days when no lending or borrowing will be necessary.) A Fund could participate
in the proposed InterFund Lending Program only if the InterFund Loan Rate were higher than the Repo Rate and lower than the Bank
Loan Rate.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Furthermore, the Applicants believe
that these benefits can be achieved without any significant increase in risk. The Applicants believe that the risk of default on
InterFund Loans would be <I>de minimis </I>given the asset coverage requirements for any InterFund Loan, the liquid nature of most
Fund assets, and the conditions governing the InterFund Lending Program.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
has been designed to serve as a supplemental source of credit only for the Funds&rsquo; normal short-term borrowing and short-term
cash investment activities, which involve no significant risks of default.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">A Fund will be able to borrow
under the InterFund Lending Program on an unsecured basis only if its total outstanding borrowings immediately after the interfund
borrowings are 10% or less of its total assets. Moreover, if a borrowing Fund has a secured loan from any other lender, its InterFund
Loans also would be secured on the same basis. A Fund could borrow under the InterFund Lending Program only on a secured basis
if its total outstanding borrowings from all lenders immediately after the interfund borrowings amounted to more than 10% of its
assets. A Fund may not borrow through the InterFund Lending Program or from any other source if its total outstanding borrowings
immediately after the borrowing would be more than 33 1/3% of its total assets or any lower threshold provided for by a Fund&rsquo;s
fundamental restriction or non-fundamental policy.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Before any Fund that has outstanding
interfund borrowings may, through additional borrowings, cause its total outstanding borrowings from all sources to exceed 10%
of its total assets, the Fund must first secure each outstanding InterFund Loan by the pledge of segregated collateral with a market
value at least equal to 102% of the outstanding principal value of the loan. If the total outstanding borrowings of a Fund with
outstanding InterFund Loans exceed 10% of its total assets for any other reason (such as a decline in net asset value or because
of shareholder redemptions), the Fund will within one business day thereafter (i) repay all its outstanding InterFund Loans; (ii)
reduce its total outstanding indebtedness to 10% or less of its total assets; or (iii) secure each outstanding InterFund Loan by
the pledge of segregated collateral with a market value at least equal to 102% of the outstanding principal value of the loan until
the Fund&rsquo;s total outstanding borrowings cease to exceed 10% of its total assets, at which time the collateral called for
above shall no longer be required. Until each InterFund Loan that is outstanding at any time that a Fund&rsquo;s total outstanding
borrowings exceed 10% of its total assets is repaid or the Fund&rsquo;s total outstanding borrowings cease to exceed 10% of its
total assets, the Fund will mark the value of the collateral to market each day and will pledge such additional collateral as is
necessary to maintain the market value of the collateral that secures each outstanding InterFund Loan at least equal to 102% of
the outstanding principal value of the loan.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants have further concluded
that, given these asset coverage limits and the other conditions discussed below, any InterFund Loan would represent &ldquo;high
quality&rdquo; debt with minimal risk, fully comparable with, and in many cases superior to, other short-term investments available
to the Funds. It is anticipated that any future Money Market Funds will (in order to comply with Rule 2a-7) lend on an interfund
basis only if the requisite determinations contemplated by that Rule have been made by the</P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">Adviser. In the great majority of cases, a Fund would
extend an InterFund Loan only if the borrower&rsquo;s total outstanding borrowings immediately after the InterFund Loan are 10%
or less of its assets (1000% asset coverage). In the relatively few instances when a Fund would extend an InterFund Loan to a borrower
with outstanding loans immediately after the InterFund Loan representing more than 10% of its total assets, the loan would be fully
secured by segregated assets, as well as protected by the limit on borrowings from all sources.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In addition, if a Fund borrows
from one or more banks, all InterFund Loans to the Fund will become subject to at least equivalent terms and conditions with respect
to collateral, maturity, and events of default as any outstanding bank loan. If a bank were to require collateral, a lending Fund
would also require the borrowing Fund to pledge collateral on the same basis regardless of the level of the borrowing Fund&rsquo;s
asset coverage. Similarly, if the bank were to call its loan because of default, the lending Fund also would call its loan. In
addition, the maturity of an InterFund Loan would never be longer than that of any outstanding bank loan and would in no event
exceed seven days. Thus, all InterFund Loans to a Fund would have at least the same level of protection as required by any third
party lender to the Fund.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">In light of all the protections
set forth above, the high quality and liquidity of the assets covering the loans, the ability of lending Funds to call InterFund
Loans at any time on one business day&rsquo;s notice, and the fact that the Independent Directors/Trustees will exercise effective
oversight of the InterFund Lending Program, the Applicants believe InterFund Loans to be comparable in credit quality to other
high quality money market instruments. Because Applicants believe that the risk of default on InterFund Loans is so remote as to
be little more than a theoretical possibility, the Funds would not require collateral for InterFund Loans except on the few occasions
when a Fund&rsquo;s total outstanding borrowings represent more than 10% of its total assets (or when a third party lending bank
with an outstanding loan to the Fund requires collateral). Moreover, collateralizing and segregating loans would be burdensome
and expensive and would reduce or eliminate the benefits from the InterFund Lending Program. Collateralization and segregation
would provide no significant additional safeguard in light of (i) the high credit quality and liquidity of the borrowing Funds,
(ii) the 1000% or greater asset coverage standard for unsecured InterFund Loans, (iii) the demand feature of InterFund Loans, and
(iv) the fact that the program for both the borrowing and lending Funds would be administered by the InterFund Lending Program
Administration Group subject to the oversight of the Independent Directors/Trustees.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Applicants, however, are sensitive
to the need for adequate safeguards in the event there is any possibility of a loan default, no matter how remote. They also have
considered safeguards in the unlikely event of a payment dispute between a lending and borrowing Fund. In the event an InterFund
Loan is not paid according to its terms and such default is not cured within two (2) business days from its maturity or from the
time the lending Fund makes a demand for payment under the provisions of the InterFund Loan agreement, the InterFund Lending Program
Administration Group promptly will refer the loan for arbitration to an independent arbitrator selected by the Board of any Fund
involved in the loan who will act as arbitrator of disputes concerning InterFund Loans and will have binding authority to resolve
any disputes promptly. In the event that the Funds do not have common Boards, the Board of each affected Fund will select an independent
arbitrator that is satisfactory to each Fund.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants believe that the
program would involve no realistic risk resulting from potential conflicts of interest. The Adviser, through the InterFund Lending
Program Administration Group, would administer the InterFund Lending Program as a disinterested fiduciary as part of its duties
under the investment advisory and administrative services agreements with each Fund and would receive no additional fee as compensation
for its services in connection with the administration of the InterFund Lending Program. This means the InterFund Lending Program
Administration Group will not collect any additional fees in connection with the administration of the InterFund Lending Program
(<I>i.e</I>., it will not</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">collect: standard pricing, record keeping, book keeping
or accounting fees in connection with the InterFund Lending Program).</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
would not present any significant potential that one Fund might receive a preferential rate to the disadvantage of another Fund.
Under the InterFund Lending Program, the Funds would not negotiate interest rates between themselves and neither the Adviser nor
the InterFund Lending Program Administration Group would set rates in its discretion. Rather, rates would be set pursuant to a
pre-established formula, approved by the Board of each Fund which would be a function of the current rates quoted by independent
third parties for short-term bank borrowing and for overnight repurchase agreements. All Funds participating in the InterFund Lending
Program on any given day would receive the same rate.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">There also is no realistic potential
that one Fund&rsquo;s portfolio manager(s) might maintain or expand his or her Fund&rsquo;s uninvested cash balance beyond that
needed for prudent cash management in order to extend credit to, and thereby help the performance of, another Fund.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">First, the amount of total credit
available for InterFund Loans and the amount of interfund borrowing demand would be determined by the InterFund Lending Program
Administration Group. As discussed above, the InterFund Lending Program Administration Group will accumulate data at least once
on each business day on the Fund&rsquo;s total short-term borrowing needs to meet net redemptions and to cover sales fails and
the Fund&rsquo;s total uninvested cash positions. The InterFund Lending Program Administration Group operates and would continue
to operate independently of the Funds&rsquo; portfolio managers. The InterFund Lending Program Administration Group would not solicit
cash for the InterFund Lending Program from any Fund or disseminate borrowing demand data to any portfolio manager. The InterFund
Lending Program Administration Group would allocate available cash to borrowing Funds on an equitable basis. No portfolio manager
would be able to direct that his or her Fund&rsquo;s cash balance be loaned to any particular Fund or otherwise intervene in the
allocation of loans by the InterFund Lending Program Administration Group. The InterFund Lending Program Administration Group will
invest cash amounts remaining after satisfaction of borrowing demand in accordance with the standing instructions of the relevant
portfolio manager or return remaining amounts to the Funds.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Second, the Funds&rsquo; portfolio
managers typically limit their Funds&rsquo; cash balance reserves to the minimum desirable for prudent cash management in order
to remain fully invested consistent with the investment policies of the Funds. A Fund may, however, have a large cash position
when a portfolio manager believes that market conditions are not favorable for profitable investing or when the portfolio manager
is otherwise unable to locate favorable investment opportunities. Because portfolio manager compensation is related, in part, to
their Funds&rsquo; performance record and/or accomplishment of investment objectives, it would be contrary to the self-interest
of such portfolio managers to jeopardize their Fund&rsquo;s performance in order to extend additional credit to other Funds.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Third, a portfolio manager&rsquo;s
decision regarding the amount of his or her Fund&rsquo;s invested cash balance would be unlikely to affect the ability of other
Funds to obtain InterFund Loans. Applicants anticipate that, whenever the InterFund Loan Rate is higher than the Repo Rate, the
cash available each day for interfund lending would typically exceed the demand from borrowing Funds.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">For all the foregoing reasons,
and subject to the above conditions, the Applicants submit that the order requested herein meets the standards set forth in Sections
6(c),12(d)(1)(J) and 17(b) of the 1940 Act and in Rule 17d-1 thereunder.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Exemption from Sections 17(a)(3) and 21(b) of the
1940 Act</B></P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Eaton Vance Management or Boston
Management and Research (each of which is a subsidiary of EVC) is the adviser of each Fund, the Funds have the same Board, the
Funds share many of the same principal officers, and in the future, newly organized Funds may have the same Board and many of the
same principal officers as the currently existing Funds. Although the power of the trustees, directors, and officers of the Funds
arises solely as a result of their official positions with the Funds, in view of the overlap of trustees, directors, and/or officers
among the Funds, the Funds might be deemed to be under common control and thus &ldquo;affiliated persons&rdquo; of one another
within the meaning of that term under Section 2(a)(3) of the 1940 Act. While the Applicants believe that the Funds are not &ldquo;affiliated
persons&rdquo; of one another, nevertheless, the Applicants seek exemption from Sections 17(a)(3) and 21(b) of the 1940 Act, which
prohibit, respectively, borrowing by an affiliated person from an investment company and loans by an investment company to a person
under common control with that investment company. The Applicants also seek exemption from Sections 17(a)(3) and 21(b) of the 1940
Act to the extent that certain of the Funds could be deemed to be under common control by virtue of having Eaton Vance Management
or Boston Management and Research as their common investment adviser.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Exemption from Sections 17(a)(1), 17(a)(2) and
17(a)(3) Pursuant to Section 17(b)</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">For the reasons set out below,
each of the conditions for relief granted pursuant to Section 17(b) of the 1940 Act have been satisfied by the Applicants.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">1.</TD><TD>The Terms of the Proposed Transactions are Fair and Reasonable and Do Not Involve Overreaching on the Part of Any Person Concerned.
The Applicants submit that the InterFund Loans will be on terms which are reasonable and fair to participating Funds and that substantially
eliminate opportunities for overreaching. As discussed herein, interest rates for all InterFund Loans will be based on the same
objective and verifiable standard &ndash; <I>i.e</I>., the average of (1) the Repo Rate and (2) the Bank Loan Rate. Thus, the rate
for a borrowing Fund will be lower and, for a lending Fund will be higher, than that otherwise available to them. Because the interest
rate formula is objective and verifiable, and the same rate applies equally to all Funds participating on any given day, the use
of the formula provides an independent basis for determining that the terms of the transactions are fair and reasonable and do
not involve overreaching.</TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Furthermore, because each Fund&rsquo;s
daily borrowing demand or cash reserve would be determined independently of any others and all such decisions would be aggregated
by the InterFund Lending Program Administration Group and matched on an equitable basis pursuant to procedures approved by the
Fund&rsquo;s Board, the operation of the program will substantially eliminate the possibility of one Fund taking advantage of any
other. In addition, each Fund will have substantially equal opportunity to borrow and lend to the extent consistent with its investment
policies and limitations.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Periodic review by each Fund&rsquo;s
Board, including the Independent Directors/Trustees, and the other terms and conditions adopted hereunder, also provide additional
assurance that the transactions will be fair and reasonable and free of overreaching.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">2.</TD><TD>The Proposed Transactions Will Be Consistent with the Policies Set Forth in the Funds&rsquo; Registration Statements. All borrowings
and InterFund Loans by the Funds will be consistent with the organizational documents, registration statement, and investment restrictions,
policies and limitations of the respective Funds. The registration statement for each Fund participating in the InterFund Lending
Program as a borrower discloses or will disclose the extent to which the Fund may borrow money for temporary or emergency purposes.</TD></TR></TABLE>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in">3.</TD><TD>The Proposed Transactions Will Be Consistent with the General Purposes of the 1940 Act. The general purposes of the 1940 Act
are to mitigate and, so far as feasible, to eliminate the conditions enumerated in Section 1(b) of the 1940 Act. Section 1(b)(7)
declares that the national public interest and the interest of investors is adversely affected when investment companies by excessive
borrowing increase unduly the speculative character of their shares. The Applicants submit that there are ample protections in
the proposed conditions to preclude the use of InterFund Loans to unduly increase the speculative nature of any Fund. Each InterFund
Loan will have a maturity of seven (7) days or less, making it inherently unsuitable for creating leverage in the Fund through
the purchase of additional securities. These are marked to market securities that are not speculative. The Funds have the ability
to make loans to entities that are higher risk than the other Funds. A Fund&rsquo;s borrowings through the proposed InterFund Lending
Program, as measured on the day when the most recent loan was made, will not exceed the greater of 125% of the Fund&rsquo;s total
net cash redemptions for the preceding seven (7) calendar days or 102% of the Fund&rsquo;s sales fails for the preceding seven
(7) calendar days. Accordingly, the InterFund Loans could not be used to increase the speculative character of the borrowing Fund.
Therefore, the proposed InterFund Lending Program is fully consistent with the general purposes of the 1940 Act. Moreover, the
terms of each InterFund Loan will be fair to each Fund and will be preferable to either investing in short-term investments from
the perspective of the lending Fund or borrowing from a bank from the perspective of the borrowing Fund.</TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 21(a) of the 1940 Act
provides that a registered management investment company may not lend money &ldquo;directly or indirectly&rdquo; to any person
if such lending is not permitted by the company&rsquo;s investment policies as described in its registration statement and reports
filed with the Commission. Similarly, subparagraphs (B) and (G) of Section 8(b)(1) of the 1940 Act require registered investment
companies to disclose the extent to which (if at all) they intend to engage in borrowing money and making loans to other persons.
A Fund would disclose all material information regarding the InterFund Lending Program in its registration statement or shareholder
report, as applicable, as long as the Fund participates in the InterFund Lending Program.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The InterFund Lending Program
is consistent with the overall purpose of Sections 17(a)(3) and 21(b) of the 1940 Act. These Sections are intended to prevent a
party with strong potential adverse interests and some influence over the investment decisions of a registered investment company
from causing or inducing the investment company to engage in lending transactions that unfairly inure to the benefit of such party
and that are detrimental to the best interests of the investment company and its shareholders. The affiliate borrowing transactions
covered by Section 21(b) of the 1940 Act are also covered by Section 17(a)(3) of the 1940 Act. To the extent that Congress intended
Section 21(b) of the 1940 Act to cover some more specific abuse, the Section appears to have been directed at prohibiting upstream
loans. <U>See</U> S. Rep. No. 1775, 76th Cong., 3d Sess. 15 (1940); House Hearings on H.R. 10065, 76th Cong., 3d Sess. 124 (1940).
The lending transactions at issue here do not involve upstream loans. The proposed transactions do not raise such concerns because
(i) the Adviser, through the InterFund Lending Program Administration Group members, would administer the InterFund Lending Program
as a disinterested fiduciary as part of its duties under the investment advisory and administrative services agreements with each
Fund; (ii) all InterFund Loans would consist only of uninvested cash reserves that the Fund otherwise would invest in short-term
repurchase agreements or other short-term investments; (iii) the InterFund Loans would not involve a greater risk than such other
investments; (iv) the lending Fund would receive interest at a rate higher than it could obtain through short-term repurchase agreements
or certain other short-term investments; and (v) the borrowing Fund would pay interest at a rate lower than otherwise available
to it under its bank loan agreements. Moreover, the other conditions that the Applicants propose also would effectively preclude
the possibility of any Fund obtaining an undue advantage over any other Fund.</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Exemptions from Sections 17(a)(1), 17(a)(2) and
12(d)(1) of the 1940 Act</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants do not concede
that the proposed InterFund Lending Program would involve transactions by any &ldquo;affiliated persons&rdquo; of a Fund. Applicants
further submit that the proposed InterFund Lending Program would involve neither the issuance or sale of any &ldquo;security&rdquo;
by a borrowing Fund to a lending Fund nor the purchase of any &ldquo;security&rdquo; by a lending Fund from a borrowing Fund within
the meaning of Sections 17(a)(1), 17(a)(2) or 12(d)(1) of the 1940 Act. However, because of the broad definition of a &ldquo;security&rdquo;
in Section 2(a)(36) of the 1940 Act, the obligation of a borrowing Fund to repay an InterFund Loan could be deemed to constitute
a security for the purposes of Sections 17(a)(1) and 12(d)(1) of the 1940 Act; similarly, the pledge of securities to secure an
InterFund Loan by the borrowing Fund to the lending Fund could constitute a &ldquo;purchase&rdquo; of securities for the purposes
of Section 17(a)(2). Thus, the Applicants seek relief from Sections 17(a)(1), 17(a)(2) and 12(d)(1) of the 1940 Act with respect
to the Funds&rsquo; participation in the proposed InterFund Lending Program.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The requested relief from Section
17(a)(2) of the 1940 Act meets the standards of Sections 6(c) and 17(b) because any collateral pledged to secure an InterFund Loan
would be subject to the same conditions imposed by any other lender to a Fund that imposes conditions on the quality of or access
to collateral for a borrowing (if the other lender is a Fund) or the same or better conditions (in any other circumstance). Any
collateral pledged to secure an InterFund Loan will be available solely to secure repayment of such InterFund Loan.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants submit that the
requested exemptions are appropriate, in the public interest, and consistent with the protection of investors and policies and
purposes of the 1940 Act for all the reasons set forth above in support of their request for relief from Sections 17(a)(3) and
21(b) of the 1940 Act. Furthermore, the Applicants submit that the proposed InterFund Lending Program does not involve the type
of abuse at which Section 12(d)(1) of the 1940 Act was directed. Section 12(d)(1) of the 1940 Act imposes certain limits on an
investment company&rsquo;s acquisition of securities issued by another investment company. That Section was intended to prevent
the pyramiding of investment companies in order to avoid imposing on investors additional and duplicative costs and fees attendant
upon multiple layers of investment companies. In the instant case, the entire purpose of the proposed InterFund Lending Program
is to provide economic benefits for all the participating Funds and their shareholders. The Adviser, through the InterFund Lending
Program Administration Group, would administer the InterFund Lending Program as a disinterested fiduciary and disinterested party,
to ensure fair treatment of all the Funds and their shareholders, and the Adviser will receive no additional compensation for its
services in administering the InterFund Lending Program. There would be no duplicative costs or fees to the Funds or their shareholders.
Neither the Adviser to the lending Fund nor the Adviser to the borrowing Fund would receive any compensation for their services.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Order Pursuant to Section 17(d) of the 1940 Act
and Rule 17d-1 Thereunder</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants also believe that
the proposed InterFund Lending Program would not involve any &ldquo;joint transaction,&rdquo; &ldquo;joint enterprise&rdquo; or
&ldquo;joint profit sharing arrangement&rdquo; with any affiliated person subject to Section 17(d) of the 1940 Act and Rule 17d-1
thereunder. To avoid any possible issue, however, the Applicants seek an order under Section 17(d) of the 1940 Act and Rule 17d-1
thereunder to the extent that they may be deemed applicable to the proposed InterFund Lending Program.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Section 17(d) of the 1940 Act,
like Section 17(a) of the 1940 Act, was designed to deal with transactions of investment companies in which affiliates have a conflict
of interest and with respect to which the affiliate has the power to influence decisions of the investment company. Thus, the purpose
of</P>


<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt">Section 17(d) of the 1940 Act is to avoid overreaching
and an unfair advantage to insiders.<FONT STYLE="font-size: 11pt; line-height: 115%"><SUP>[5]</SUP></FONT> For the same reasons
discussed above with respect to Section 17(a) of the 1940 Act, participation in the InterFund Lending Program would not involve
overreaching or an unfair advantage. Furthermore, the InterFund Lending Program is consistent with the provisions, policies and
purposes of the 1940 Act in that it offers both reduced borrowing costs and enhanced returns on loaned funds to all participating
Funds and their shareholders. Finally, the requested order is appropriate because, as previously discussed herein, each Fund would
have an equal opportunity to borrow and lend on equal terms consistent with its investment policies and fundamental investment
limitations. Thus, each Fund&rsquo;s participation in the proposed InterFund Lending Program would be on terms that are no less
advantageous than those of any other participating Fund.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt"><B>Exemption from Section 18(f)(1) of the 1940 Act</B></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants also request exemptive
relief under Section 6(c) of the 1940 Act from Section 18(f)(1) of the 1940 Act to the limited extent necessary to implement the
InterFund Lending Program (because the lending Funds are not banks). Section 18(f)(1) of the 1940 Act prohibits registered open-end
investment companies from issuing &ldquo;any class of senior security&hellip;except that any such registered company shall be permitted
to borrow from any bank: [p]rovided, [t]hat immediately after such borrowing there is an asset coverage of at least 300 per centum
for all borrowings of such registered company...&rdquo; The Applicants seek exemption from this provision only to the limited extent
necessary to allow a Fund to borrow through the InterFund Lending Program, subject to all the conditions proposed herein, including
the condition that immediately after any unsecured borrowing, there is at least 1,000% asset coverage for all interfund borrowings
of the borrowing Fund. Collateralized borrowings under the InterFund Lending Program would require at least a three to one ratio
of asset coverage to debt. The Funds would remain subject to the requirement of Section 18(f)(1) of the 1940 Act that all borrowings
of the Fund, including the combined InterFund Loans and bank borrowings, have at least 300% asset coverage.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Based on the numerous conditions
and substantial safeguards described in this Application, the Applicants submit that to allow the Funds to borrow from other Funds
pursuant to the proposed InterFund Lending Program is fully consistent with the purposes and policies of Section 18(f)(1) of the
1940 Act. The Applicants further submit that the exemptive relief requested is necessary and appropriate in the public interest
because it will help the borrowing Funds to satisfy their short-term cash needs at substantial savings and it will enable lending
Funds to earn a higher return on the uninvested cash balances without materially increased risk and without involving any overreaching.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>VII.</B></TD><TD><B>CONCLUSION</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.25in">For the foregoing reasons, the
Applicants submit that the proposed transactions, conducted subject to the terms and conditions described above, would be reasonable
and fair, would not involve overreaching and would be consistent with the investment policies of the Funds and with the general
purposes of the 1940 Act. Applicants also submit that their participation by the Funds in the InterFund Lending Program would be
consistent with the provisions, policies, and purposes of the 1940 Act, and would be on a basis that is no different from or less
advantageous than that of any other participant.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>VIII.</B></TD><TD><B>PROCEDURAL MATTERS</B></TD></TR></TABLE>


<HR ALIGN="LEFT" SIZE="1" STYLE="width: 5pc; margin-top: 12pt">

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 6pt 0 0"><FONT STYLE="font-size: 10pt; line-height: 115%"><SUP>[5]</SUP></FONT> <U>See e.g</U>., Hearings on S. 3580 Before A Subcommittee of the Sen. Comm. on Banking and Currency, 76th Cong., 3d Sess. (1940) at 211-213.</P>

<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to Rule 0-2(f) under
the 1940 Act, the Applicants state that their address is as indicated on the first page of this Application. The Applicants further
state that all written or oral communications concerning this Application should be directed as indicated on the first page of
this Application.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">Pursuant to Rule 0-2(c)(1) under
the 1940 Act, each Applicant hereby states that the officer signing and filing this Application on behalf of each Applicant is
fully authorized to do so. All requirements of the governing documents of each Applicant have been complied with in connection
with the execution and filing of this Application. The Authorization required by Rule 0-2(c) under the 1940 Act is included in
this application as Exhibit B. The Verifications required by Rule 0-2(d) under the 1940 Act are included in this application as
Exhibits C and D.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">The Applicants request that the
Commission issue the requested exemptive order without a hearing in accordance with the procedures of Rule 0-5 under the 1940 Act.</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><B>IX.</B></TD><TD><B>SIGNATURES</B></TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 12pt; text-indent: 0.5in">IN WITNESS WHEREOF, pursuant to
the requirements of the Investment Company Act of 1940, as amended, the Applicants have caused this Amendment No. 2 to the Application
to be duly signed on the 20th day of December, 2018.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EACH COMPANY LISTED IN EXHIBIT A TO THE</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">APPLICATION</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">By: <U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Maureen A. Gemma, Secretary and Chief Legal Officer</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">EATON VANCE MANAGEMENT</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">By: <U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Maureen A. Gemma, Vice President</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">BOSTON MANAGEMENT AND RESEARCH</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">By: <U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Maureen A. Gemma, Vice President</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 1.5in; text-indent: 0.5in"><U>Exhibit Index</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in"><U>Exhibit</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">A&#9;Schedule of Companies</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">B &#9;&#9;Authorizing Resolutions
of the Companies</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">C &#9;Verification of the Companies</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">D-1&#9;Verification of Eaton
Vance Management</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: 0.5in">D-2&#9;Verification of Boston
Management and Research</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>EXHIBIT
A</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>SCHEDULE
OF COMPANIES</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Growth Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Investment Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipals Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipals Trust II</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Mutual Funds Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Series Fund, Inc.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Series Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Series Trust II</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Special Investment Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Variable Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance California Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance California Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Enhanced Equity Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Enhanced Equity Income Fund II</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Floating-Rate Income Plus Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Floating-Rate Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Floating-Rate 2022 Target Term Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance High Income 2021 Target Term Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Limited Duration Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Massachusetts Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Bond Fund II</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Income 2028 Term Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance National Municipal Opportunities Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance New Jersey Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance New Jersey Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance New York Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance New York Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Ohio Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Ohio Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Pennsylvania Municipal Bond Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Pennsylvania Municipal Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Risk-Managed Diversified Equity Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Senior Floating-Rate Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Senior Income Trust</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Short Duration Diversified Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Advantaged Bond and Option Strategies Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Advantaged Dividend Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Advantaged Global Dividend Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Advantaged Global Dividend Opportunities
Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Managed Buy-Write Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Managed Buy-Write Opportunities Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Managed Diversified Equity Income Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Tax-Managed Global Diversified Equity Income
Fund</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Boston Income Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Core Bond Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Emerging Markets Local Income Portfolio</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

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

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Eaton Vance Floating Rate Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Global Income Builder Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Global Macro Absolute Return Advantage Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Global Macro Capital Opportunities Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Global Macro Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Global Opportunities Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Greater India Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">High Income Opportunities Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">High Yield Municipal Income Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">International Income Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Senior Debt Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Short Duration High Income Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Stock Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Tax-Managed Growth Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Tax-Managed International Equity Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Tax-Managed Multi-Cap Growth Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Tax-Managed Small-Cap Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Tax-Managed Value Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Worldwide Health Sciences Portfolio</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">5-To-15 Year Laddered Municipal Bond Portfolio</P>

<P STYLE="font: 11pt/115% Times New Roman, Times, Serif; margin: 0 0 10pt">&nbsp;</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>EXHIBIT
B</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>AUTHORIZING
RESOLUTIONS OF THE COMPANIES</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">Resolutions Adopted By the Board of Each Fund and Portfolio:</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.8in"><U>VOTED</U>:</TD><TD STYLE="text-align: justify; padding-right: 0.5in">That the appropriate officers of the Funds and Portfolios, with the assistance
of legal counsel, be, and they hereby are, authorized to prepare, execute and file an exemptive application, and any amendments
thereto, with the Securities and Exchange Commission on behalf of the Funds and Portfolios, requesting an order pursuant to Sections
6(c) and 17(b) of the Investment Company Act of 1940, as amended (the &ldquo;1940 Act&rdquo;) for exemptions from Sections 12(d)(1),
17(a)(1), 17(a)(2), 17(a)(3), 17(d), 18(f)(1) and 21(b) of the 1940 Act, and Rule 17d-1 thereunder, or from any other provision
of the 1940 Act or rule thereunder as may be deemed necessary or advisable upon advice of counsel to the Funds and Portfolios that
will allow each of the Funds and Portfolios, as applicable, to engage in interfund lending, in a form satisfactory to such officers
and counsel to the Funds and Portfolios, the execution and filing of such application and any amendment thereto to be conclusive
evidence of the Board&rsquo;s authorization hereby; and be it;</TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0.5in 0 1.5in; text-align: justify; text-indent: -1in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 1in"><U>FURTHER</U></TD><TD STYLE="text-align: justify; padding-right: 0.5in"></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.8in"><U>VOTED</U>:</TD><TD STYLE="text-align: justify; padding-right: 0.5in">That the appropriate officers of the Funds and Portfolios are hereby authorized,
with the advice of counsel, to take all necessary, appropriate or desirable actions, consistent with the objective of the Board,
to carry out the foregoing resolution.</TD></TR></TABLE>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>EXHIBIT
C</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>VERIFICATION
OF THE COMPANIES</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">The undersigned states that (i) she has duly executed the
attached Amendment No. 2 to the Application, dated December 20, 2018, for and on behalf of each company listed in Exhibit A to
the Application; (ii) that she is the Secretary and Chief Legal Officer of each such Company; and (iii) all action by the Board
of Directors/Trustees and other bodies necessary to authorize the undersigned to execute and file such instrument has been taken.
The undersigned further states that she is familiar with such instrument, and the contents thereof, and that the facts therein
set forth are true to the best of her knowledge, information and belief.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2in; text-align: center; text-indent: 0.5in">EACH COMPANY
LISTED IN EXHIBIT A TO THE</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 2.5in; text-indent: 0.5in">APPLICATION</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">By: &#9;<U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Name: &#9;Maureen A. Gemma</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Title: &#9;Secretary and Chief Legal Officer</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Calibri, Helvetica, Sans-Serif; margin: 0 0 10pt">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>EXHIBIT
D-1</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>VERIFICATION
OF EATON VANCE MANAGEMENT</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">The undersigned states that (i) she has duly executed the
attached Amendment No. 2 to the Application, dated December 20, 2018, for and on behalf of Eaton Vance Management; (ii) that she
is Vice President of such company; and (iii) all action by board members and other bodies necessary to authorize the undersigned
to execute and file such instrument has been taken. The undersigned further states that she is familiar with such instrument, and
the contents thereof, and that the facts therein set forth are true to the best of her knowledge, information and belief.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">By:&#9;<U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Name: &#9;Maureen A. Gemma</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Title: &#9;Vice President</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>EXHIBIT
D-2</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal">&nbsp;</FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-weight: normal"><U>VERIFICATION
OF BOSTON MANAGEMENT AND RESEARCH</U></FONT></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">The undersigned states that (i) she has duly executed the
attached Amendment No. 2 to the Application, dated December 20, 2018, for and on behalf of Boston Management and Research; (ii)
that she is Vice President of such company; and (iii) all action by board members and other bodies necessary to authorize the undersigned
to execute and file such instrument has been taken. The undersigned further states that she is familiar with such instrument, and
the contents thereof, and that the facts therein set forth are true to the best of her knowledge, information and belief.</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">By:&#9;<U>/s/ Maureen A. Gemma&#9;</U></P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Name: &#9;Maureen A. Gemma</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">Title: &#9;Vice President</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">&nbsp;</P>

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in">&nbsp;</P>

<!-- Field: Page; Sequence: 34; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font-size: 10pt"><TR STYLE="vertical-align: top; text-align: left"><TD STYLE="width: 10%">&nbsp;</TD><TD STYLE="width: 80%; text-align: center">Page <!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --> of 34 sequentially numbered pages (including exhibits)</TD><TD STYLE="width: 10%; text-align: right">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/normal Times New Roman, Times, Serif; margin: 0 0 0 3in"></P>



<HR ALIGN="LEFT" SIZE="1" STYLE="width: 33%">


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>ev40appa_201.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ev40appa_201.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  H'!PD'!@H)" D+"PH,#QD0#PX.
M#QX6%Q(9)" F)2,@(R(H+3DP*"HV*R(C,D0R-CL]0$! )C!&2T4^2CD_0#W_
MVP!# 0L+"P\-#QT0$!T]*2,I/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3T]
M/3T]/3T]/3T]/3T]/3T]/3T]/3T]/3W_P  1"  E +0# 2(  A$! Q$!_\0
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M)->3^%H_ )\4:>="GU!=0$A,0D5RK?*<@Y&.F:]3O/\ CRG_ .N;?RH H_\
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B%%% !1110 4444 %%%% !1110 4444 %%%% !1110!__V0$!

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