Overview

Strong Morningstar Ratings as of 03/31/20163

Historic Returns (%)as of Mar 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
04/30/2016
Fund at NAV 0.93 1.52 3.18 7.11 5.45 8.05 7.81
Fund w/Max Sales Charge -3.86 -3.31 -1.72 1.99 3.76 7.01 6.97
Barclays 10 Year Municipal Bond Index4 0.80 1.20 2.72 5.89 3.70 5.51 5.40
03/31/2016
Fund at NAV 0.61 2.23 2.23 5.12 5.67 8.35 7.75
Fund w/Max Sales Charge -4.18 -2.62 -2.62 0.14 3.98 7.30 6.90
Barclays 10 Year Municipal Bond Index4 0.30 1.90 1.90 4.42 3.87 5.78 5.34
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Prior to 4/15/15, Fund was called Eaton Vance Tax-Advantaged Bond Strategies Long Term Fund, had a different objective and employed a different investment strategy. Please see prospectus for more details. Max Sales Charge: 4.75%.

Fund Factsas of Apr 30, 2016

Class A Inception 02/01/2010
Investment Objective Current tax-exempt income
Total Net Assets $316.0M
Minimum Investment $1000
Expense Ratio (Gross)5 1.20%
Expense Ratio (Net)5,6 0.65%
CUSIP 27826M759

Top 10 Holdings (%)7,8as of Mar 31, 2016

Allen Independent School District
City of Elgin IL
Biloxi Public School District
City of Lakeland FL
School District of Broward County/FL
City of Elgin IL
Biloxi Public School District
School District of Broward County/FL
School District of Broward County/FL
City of Elgin IL
Total 6.30

Morningstar™ Ratingsas of Apr 30, 2016

Time Period Rating Rating (Load Waived) Funds in
Muni National Interm
Category
Overall ***** ***** 306
3 Years **** ***** 306
5 Years ***** ***** 253
Based on Risk-Adjusted Returns.

The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.

© 2015 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers is responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on how a fund ranks on a Morningstar Risk-Adjusted Return measure against other funds in the same category. This measure takes into account variations in a fund's monthly performance after adjusting for sales loads (except for load-waived A shares) redemption fees, and the risk-free rate, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Load-waived A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Therefore, Morningstar strongly encourages investors to contact their investment professional to determine whether they are eligible to purchase the A share without paying the front load. The Morningstar Rating may differ among share classes of a mutual fund as a result of different sales loads and/or expense structure.

Portfolio Management

James H. Evans, CFA Managed Fund since inception
Christopher J. Harshman, CFA Managed Fund since 2010
Brian C. Barney, CFA Managed Fund since 2012

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Historic Returns (%)as of Mar 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
04/30/2016
Fund at NAV 0.93 1.52 3.18 7.11 5.45 8.05 7.81
Fund w/Max Sales Charge -3.86 -3.31 -1.72 1.99 3.76 7.01 6.97
Barclays 10 Year Municipal Bond Index4 0.80 1.20 2.72 5.89 3.70 5.51 5.40
Morningstar™ Muni National Interm Category9 0.64 1.01 2.07 4.24 2.60 4.53
03/31/2016
Fund at NAV 0.61 2.23 2.23 5.12 5.67 8.35 7.75
Fund w/Max Sales Charge -4.18 -2.62 -2.62 0.14 3.98 7.30 6.90
Barclays 10 Year Municipal Bond Index4 0.30 1.90 1.90 4.42 3.87 5.78 5.34
Morningstar™ Muni National Interm Category9 0.31 1.42 1.42 3.15 2.72 4.73
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Prior to 4/15/15, Fund was called Eaton Vance Tax-Advantaged Bond Strategies Long Term Fund, had a different objective and employed a different investment strategy. Please see prospectus for more details. Max Sales Charge: 4.75%.

Calendar Year Returns (%)

2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Fund at NAV 17.19 10.74 -3.62 14.95 4.45
Barclays 10 Year Municipal Bond Index4 4.71 4.29 1.52 9.85 4.05 12.32 5.70 -2.17 8.72 3.76

Fund Facts

Expense Ratio (Gross)5 1.20%
Expense Ratio (Net)5,6 0.65%
Class A Inception 02/01/2010
Distribution Frequency Monthly

Yield Information10as of Apr 30, 2016

Distribution Rate at NAV 1.36%
Taxable-Equivalent Distribution Rate at NAV 2.40%
Subsidized SEC 30-day Yield 1.02%
Unsubsidized SEC 30-day Yield 0.98%
Taxable-Equivalent SEC 30-day Yield 1.80%

Morningstar™ Ratingsas of Apr 30, 2016

Time Period Rating Rating (Load Waived) Funds in
Muni National Interm
Category
Overall ***** ***** 306
3 Years **** ***** 306
5 Years ***** ***** 253
Based on Risk-Adjusted Returns.

The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Rating metrics.

© 2015 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers is responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on how a fund ranks on a Morningstar Risk-Adjusted Return measure against other funds in the same category. This measure takes into account variations in a fund's monthly performance after adjusting for sales loads (except for load-waived A shares) redemption fees, and the risk-free rate, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. Load-waived A share star ratings do not include any front-end sales load and are intended for those investors who have access to such purchase terms (e.g., plan participants of a defined contribution plan). Not all A share mutual funds for which Morningstar calculates a load-waived A share star rating may actually waive their front-end sales load. Therefore, Morningstar strongly encourages investors to contact their investment professional to determine whether they are eligible to purchase the A share without paying the front load. The Morningstar Rating may differ among share classes of a mutual fund as a result of different sales loads and/or expense structure.

NAV History

Date NAV NAV Change
May 25, 2016 $12.36 -$0.01
May 24, 2016 $12.37 -$0.02
May 23, 2016 $12.39 $0.00
May 20, 2016 $12.39 -$0.01
May 19, 2016 $12.40 -$0.01
May 18, 2016 $12.41 -$0.05
May 17, 2016 $12.46 $0.01
May 16, 2016 $12.45 $0.00
May 13, 2016 $12.45 $0.01
May 12, 2016 $12.44 $0.00
View All

Distribution History11

Ex-Date Distribution Reinvest NAV
Apr 29, 2016 $0.01381 $12.36
Mar 31, 2016 $0.01420 $12.26
Feb 29, 2016 $0.01712 $12.20
Jan 29, 2016 $0.01716 $12.22
Dec 31, 2015 $0.01956 $12.04
Nov 30, 2015 $0.01964 $11.93
Oct 30, 2015 $0.02188 $11.86
Sep 30, 2015 $0.02264 $11.84
Aug 31, 2015 $0.02088 $11.73
Jul 31, 2015 $0.02109 $11.72
View All
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History11

Ex-Date Short-Term Long-Term Reinvest NAV
Aug 01, 2013 $0.19860 $0.15440 $10.33
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is as of month-end for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. For the Eaton Vance Fund's performance as of the most recent month-end, please refer to eatonvance.com. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns shown at NAV unless noted otherwise. Returns for other classes of shares offered by the Fund are different. It is not possible to invest in an index.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)8as of Mar 31, 2016

Municipal Bonds 84.27
U.S. Treasury 0.00
U.S. Agencies 0.00
Cash 15.73
Total 100.00

Portfolio Statisticsas of Mar 31, 2016

Number of Holdings 412
Average Coupon 4.59%
Average Maturity 10.40 yrs.
Average Effective Maturity 8.40 yrs.
Average Duration 5.82 yrs.
Average Price $117.68
% Prerefunded (% of Bond Holdings) 0.01%

Sector Breakdown (%)8as of Mar 31, 2016

General Obligations 25.06
Insured 11.68
Appropriation 10.02
Hospital 8.78
Other Revenue 6.50
Education 4.12
Water and Sewer 3.80
Electric Utilities 3.16
Dedicated Tax 2.49
Other Transportation 2.35
View All

Credit Quality (%)12as of Mar 31, 2016

AAA 10.72
AA 62.35
A 21.77
BBB 5.17
Total 100.00
Ratings are based on Moody's, S&P or Fitch, as applicable. If securities are rated differently by the ratings agencies, the higher rating is applied. Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuer's creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&P's measures. Ratings of BBB or higher by S&P or Fitch (Baa or higher by Moody's) are considered to be investment-grade quality. Credit ratings are based largely on the ratings agency's analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuer's current financial condition and does not necessarily reflect its assessment of the volatility of a security's market value or of the liquidity of an investment in the security. Holdings designated as "Not Rated" are not rated by the national ratings agencies stated above.

Maturity Distribution (%)8as of Mar 31, 2016

Less Than 1 Year 0.00
1 To 3 Years 0.01
3 To 5 Years 4.64
5 To 10 Years 41.78
10 To 20 Years 52.95
20 To 30 Years 0.62
More Than 30 Years 0.00
Total 100.00

Fund Holdings8,13as of Mar 31, 2016

Holding Coupon Rate Maturity Date % of Net Assets
US DOLLARS 15.52%
Allen Independent School District 5.00% 02/15/2021 0.84%
City of Elgin IL 3.00% 12/15/2024 0.68%
Biloxi Public School District 5.00% 04/01/2025 0.66%
City of Lakeland FL 5.00% 10/01/2028 0.65%
School District of Broward County/FL 5.00% 07/01/2022 0.64%
City of Elgin IL 3.00% 12/15/2023 0.63%
Biloxi Public School District 5.00% 04/01/2026 0.55%
School District of Broward County/FL 5.00% 07/01/2024 0.55%
School District of Broward County/FL 5.00% 07/01/2028 0.55%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Insights & Analysis

Commentary

A Word On The Markets as of Mar 31, 2016

The U.S. municipal bond market generated a gain for the first quarter of 2016, with the Barclays Municipal Bond Index14 advancing 1.7% for the first three months of the year.

Muni performance was generally supported by strong demand from investors seeking haven from financial market volatility that persisted due to ongoing global growth concerns. Municipal mutual fund flows were consistently positive throughout the quarter, as investors sought the tax-free income, relative safety and diversification benefits of the municipal asset class. Municipal performance was further supported by declining U.S. Treasury yields, as the Federal Reserve signaled a slower path for interest rate hikes.

However, in a reversal of a 2015 trend, munis lagged U.S. Treasurys. As a result, intermediate- and long-term securities ended the period at comparatively attractive valuations. Meanwhile, the supply of munis declined a bit compared to the same three-month period in 2015. While overall supply was lower during the quarter, new money deals increased considerably compared to the same three-month period in 2015, potentially an early indication of renewed willingness for issuers to take on new debt to fund infrastructure and other projects.

Across the curve, yields moved somewhat proportionally lower, although intermediate-term yields declined most significantly.15 The continued low-rate environment fueled investors' appetite for higher-yielding securities. On a total return basis, longer-duration bonds outperformed shorter-duration securities, and lower-investment-grade munis outpaced many higher-quality securities. Meanwhile, below investment-grade bonds typically outperformed their higher-quality counterparts, primarily due to strength in the tobacco and transportation sectors.

Performance Summary 

TABS 5-to-15 Year Laddered Municipal Bond Fund (the Fund) outperformed its benchmark, the Barclays 10 Year Municipal Bond Index (the Index)4, at net asset value for the quarter.

  • Security selection in certain securities bolstered performance relative to the Index.
  • Duration positioning aided the Fund's performance relative to the Index.16
  • The Fund's credit quality positioning contributed to its performance relative to the Index.
  • Yield curve positioning - how the Fund's investments were allocated among securities with various maturities - detracted from performance relative to the Index.

Historic Returns (%)as of Mar 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. Life of Fund
Fund at NAV 0.61 2.23 2.23 5.12 5.67 8.35 7.75
Fund w/Max Sales Charge -4.18 -2.62 -2.62 0.14 3.98 7.30 6.90
Barclays 10 Year Municipal Bond Index4 0.30 1.90 1.90 4.42 3.87 5.78 5.34
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Prior to 4/15/15, Fund was called Eaton Vance Tax-Advantaged Bond Strategies Long Term Fund, had a different objective and employed a different investment strategy. Please see prospectus for more details. Max Sales Charge: 4.75%.

Fund Factsas of Mar 31, 2016

Class A Inception 02/01/2010
Expense Ratio (Gross)5 1.20%
Expense Ratio (Net)5,6 0.65%

Contributors 

Factors contributing to the Fund's relative performance compared to the Index during the quarter:

  • Security selection was a contributor for the quarter, as the bonds held by the Fund overall outpaced similar bonds in the Index.
  • From the perspective of duration positioning, the Fund had a longer duration than the Index, which boosted performance on a relative basis as interest rates moved lower.
  • The Fund's credit quality was also a positive factor. The Fund's average credit quality is modestly lower than the Index. Lower-quality securities outperformed their higher-quality counterparts for the quarter.

Detractors 

Factors detracting from the Fund's relative performance compared to the Index during the quarter:

  • Yield curve positioning versus the Index was a detractor for the Fund. The Fund is approximately equal-weighted from five to 15 years in maturity, versus the Index which is roughly equal weighted eight to 11 years. The Index's concentrated exposure at the 10-year spot on the yield curve outperformed the Fund's curve exposure, which included both five- and 15-year maturities.

Investment Outlook And Fund Positioning 

Late in the period, the Federal Reserve voiced concern about global growth and indicated it expects to make only two rate hikes in 2016, rather than the four rate hikes it had signaled earlier this year. We believe this "low-for-longer" backdrop should provide continued support for munis. We also expect that muni supply/demand conditions should remain favorable in coming quarters. Although improving state and local budgets could encourage issuers to take on new debt to fund infrastructure and other projects, we don't anticipate outsize new bond issuance this year. In addition, in an environment where economic growth is slow and financial market uncertainty persists, we believe demand for munis could remain strong.

Given our outlook for a continued low-rate environment, we believe tax-sensitive income-seeking investors may continue to seek munis as a source of yield. Attractive valuations may be another lure. We continue to closely monitor events in Puerto Rico. Additional defaults on the island's debt will likely occur in the coming months. If a default by a Puerto Rico issuer disrupts the broader muni market, we would consider any price volatility as an opportunity.17

Credit Quality (%)12as of Mar 31, 2016

AAA 10.72
AA 62.35
A 21.77
BBB 5.17
Total 100.00
Ratings are based on Moody's, S&P or Fitch, as applicable. If securities are rated differently by the ratings agencies, the higher rating is applied. Ratings, which are subject to change, apply to the creditworthiness of the issuers of the underlying securities and not to the Fund or its shares. Credit ratings measure the quality of a bond based on the issuer's creditworthiness, with ratings ranging from AAA, being the highest, to D, being the lowest based on S&P's measures. Ratings of BBB or higher by S&P or Fitch (Baa or higher by Moody's) are considered to be investment-grade quality. Credit ratings are based largely on the ratings agency's analysis at the time of rating. The rating assigned to any particular security is not necessarily a reflection of the issuer's current financial condition and does not necessarily reflect its assessment of the volatility of a security's market value or of the liquidity of an investment in the security. Holdings designated as "Not Rated" are not rated by the national ratings agencies stated above.

The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.

Attribution

No attribution information is currently available.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding. Fund invests in an affiliated investment company (Portfolio) with the same objective(s) and policies as the Fund. References to investments are to the Portfolio's holdings.

About Risk 

An imbalance in supply and demand in the municipal market may result in valuation uncertainties and greater volatility, less liquidity, widening credit spreads and a lack of price transparency in the market. There generally is limited public information about municipal issuers. As interest rates rise, the value of certain income investments is likely to decline. Investments in income securities may be affected by changes in the creditworthiness of the issuer and are subject to the risk of nonpayment of principal and interest. The value of income securities also may decline because of real or perceived concerns about the issuer's ability to make principal and interest payments. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
James H. Evans, CFA

James H. Evans, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2008

James Evans is a vice president of Eaton Vance Management, director of the tax-advantaged bond strategies (TABS) division and portfolio manager on Eaton Vance's TABS team. Jim joined Eaton Vance in December 2008 when it acquired M.D. Sass Tax Advantaged Bond Strategies, LLC, where he was senior portfolio manager and manager of the TABS team.

Jim joined M.D. Sass in 1990 to manage its clients' municipal bond portfolios. He has over 30 years of investment experience. Previously, he was affiliated with Kidder, Peabody & Company as vice president in charge of its municipal arbitrage account, and with Continental Bank and Mellon Bank, where he was a municipal bond trader/underwriter.

Jim earned a B.S. in engineering from Cornell University. He is a CFA charterholder. Jim's commentary has appeared in Bloomberg, The Bond Buyer and Barron's, among other publications.

Education
  • B.S. Cornell University
Experience
  • Managed Fund since inception
Biography
Christopher J. Harshman, CFA

Christopher J. Harshman, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2009

Christopher Harshman is a vice president of Eaton Vance Management and municipal portfolio manager on Eaton Vance’s tax-advantaged bond strategies team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm’s tax-advantaged bond strategies. He joined Eaton Vance in 2009.

Christopher began his career in the investment management industry in 2003. Before joining Eaton Vance, Christopher was a vice president and senior bond and derivatives trader at Wachovia Bank and Wells Fargo.

Christopher earned a B.S.B.A. from the University of Florida and an MBA from the Simon School of Business at the University of Rochester. He is a CFA charterholder.

Education
  • B.S.B.A. University of Florida
  • M.B.A. Simon School of Business, University of Rochester
Experience
  • Managed Fund since 2010
Biography
Brian C. Barney, CFA

Brian C. Barney, CFA

Vice President, Eaton Vance Management
Joined Eaton Vance 2008

Brian Barney is a vice president of Eaton Vance Management and municipal portfolio manager on Eaton Vance's tax-advantaged bond strategies team. He is responsible for buy and sell decisions, portfolio construction and risk management for the firm's tax-advantaged bond strategies. He joined Eaton Vance in 2009.

Brian began his career in the investment management industry in 2001. Before joining Eaton Vance, he was affiliated with M.D. Sass Tax Advantaged Bond Strategies, LLC, where he was vice president and municipal portfolio manager.

Brian earned a B.S. in systems engineering from the University of Virginia. He is a CFA charterholder.

Education
  • B.S. University of Virginia
Experience
  • Managed Fund since 2012

Literature

Literature

Fact Sheet

Commentary

Annual Report

Full Prospectus

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Eaton Vance municipal funds' holdings in Puerto Rico debt

Roll with the punches from rising interest rates

SAI

Think Performance Think Eaton Vance

Semi-Annual Report

Summary Prospectus

XBRL


 

loading

We apologize for the inconvenience but we are experiencing a technical issue.

We are working on a solution. Please try again later.

If you require further assistance, please call:
1-800-836-2414.

You have already upgraded your account. Please login using the link at the top of the page.

    Your download will begin when this window is closed.

    You have successfully un-subscribed from .

    As a subscriber, you are one step away from getting more access and control. Register now by simply creating a password below.

    Passwords must be 8 to 20 alphanumeric characters, including a special character:
    ! @ # $ % ^ & * ( ) - _ = + , < . > ?.

    Cancel

    Trouble registering? Call 1-800-836-2414.

    Congratulations! You are registered.

    We have sent a verification email to . Please check your e-mail and click on the secured link to verify your account and complete the registration process.

    Trouble receiving the verification email? Call 1-800-836-2414.

    Congratulations!

    We are pleased to grant you access to this Eaton Vance website.

    Please click here to be logged in with your username .

    A verification email has been sent.

    You have requested a change to your password. In order to process this request, a verification email has been sent to . When you receive this email, please click the link contained within the email to start the password reset process.

    Trouble signing in? Call 1-800-836-2414.

    This account is restricted.

    Your account has limited access. You currently have access to content for:

    Firm restriction.

    This document has not been approved at your firm. We can not complete your subscription request at this time. Please try again later.


    If you need further assistance, please call 1-800-836-2414.

    This account has been updated.

    Your account has been updated to use your new email address .

    We have sent a verification email to with a verification link to confirm the change.

    Trouble receiving the verification email? Call 1-800-836-2414.

    This email account has not been verified.

    Your account has not yet been activated. We have sent a verification email to . If you'd like us to resend this, please click the Resend Email button below.

    Trouble receiving the verification email? Call 1-800-836-2414.

    Cancel

    Thank you.

    An e-mail verification has been re-sent to . Please check your e-mail and follow the instructions to complete the registration process.

    Trouble receiving the verification email? Call 1-800-836-2414.

    An email has been sent to the email address containing a link to verify your credentials. Please check your e-mail and click on the secured link to complete your request.

    Trouble receiving the verification email? Call 1-800-836-2414.

    Re-verification Required

    For security purposes we could not complete your request. Please click here to receive a new link to access the requested content.

    A new email has been sent to the email address containing a link to re-verify your credentials. Please check your e-mail and click on the secured link to complete your request.

    Trouble receiving the verification email? Call 1-800-836-2414.

    Verification Accepted

    You have been granted access to the requested content.

    Remember Me

    Click here to remain recognized on this device for future visits to EatonVance.com

    Do Not Remember Me

    Click here if you are using a Public Computer or Shared Device.

    Trouble receiving the verification email? Call 1-800-836-2414.

    Cancel

    Subscribe to new content: Register

    Please check the Fund Literature that you would like to subscribe to. Your subscriptions can be managed on your profile page.

    Subscribe All

    Thank you for downloading

    If your download did not start automatically, please click here.

    Stay on top of your game.

    Receive email notifications when the  is updated by clicking the subscribe button.

    Close

    Thank you for subscribing

    We have sent a verification email to . Please check your e-mail and click on the secured link to verify your subscription.

    Un-subscription request

    We have sent a verification email to . Please check your e-mail and click on the secured link to verify your request.

    Stay on top of your game.

    You have selected to receive email notifications for:

    Cancel

    Subscribe to new content: Register

    Stay on top of your game.

    You are currently "Opted Out" of all Eaton Vance email communications. If you would like to be alerted of updates to your new subscription, please Opt In:

    Close

    Enter your e-mail address to reset your password.

    Already have an account?
    Subscribe to new content: Register

    Trouble registering? Call 1-800-836-2414.

    Simply enter your e-mail address to register.

    Cancel

    Already have an account?

    Register for more access and control.
    • Elevate your business practice with materials from the Advisor Institute.
    • Learn more with exclusive videos, conference calls, and the latest insights.
    • Follow products, get product notifications, and manage your Eaton Vance communications.
    Please wait while the data is being prepared for download.
    loading
    This message will automatically close when your file is ready.
    Please enter a new email.

    Trouble signing in? Call 1-800-836-2414.

    Investment Professionals

    Register Now

    Already have an account? .

     

    Symbol:  

    NAV as of