EATON VANCE ENHANCED EQUITY INCOME FUND
Supplement to Prospectus dated January 20, 2022
1. The following replaces the sixth paragraph under “The Adviser” in “Management of the Fund” in the Prospectus:
Charles B. Gaffney and Douglas R. Rogers, CFA, CMT are responsible for the overall and day-to-day management of the Fund’s investments. Messrs. Gaffney and Rogers are Vice Presidents of Eaton Vance, have managed other Eaton Vance portfolios for more than five years, and have been portfolio managers of the Fund since May 2023.
EATON VANCE ENHANCED EQUITY INCOME FUND
Supplement to Statement of Additional Information dated January 20, 2022
The following replaces the tables under “Portfolio Managers.” in “Investment Advisory and Other Services”:
| Number of All Accounts | Total Assets of All Accounts | Number of Accounts Paying a Performance Fee | Total Assets of Accounts Paying a Performance Fee |
Charles B. Gaffney(1)(3) | | | | |
Registered Investment Companies | 6 | $ 3,884.0 | 0 | $ 0 |
Other Pooled Investment Vehicles | 0 | $ 0 | 0 | $ 0 |
Other Accounts | 0 | $ 0 | 0 | $ 0 |
Douglas R. Rogers(1)(2)(3) | | | | |
Registered Investment Companies | 6 | $ 2,125.5 | 0 | $ 0 |
Other Pooled Investment Vehicles | 1 | $ 15.2 | 0 | $ 0 |
Other Accounts | 5 | $ 43.1 | 0 | $ 0 |
| (1) | This portfolio manager serves as portfolio manager of one or more registered investment companies that invests or may invest in one or more underlying registered investment companies in the Eaton Vance family of funds or other pooled investment vehicles sponsored by Eaton Vance. The underlying investment companies may be managed by this portfolio manager or another portfolio manager. |
| (2) | This portfolio manager may provide advisory services for certain of the “Other Accounts” on a nondiscretionary or model basis. For “Other Accounts” that are part of a wrap account program, the number of accounts is the number of sponsors for which the portfolio manager provides advisory services rather than the number of individual customer accounts within each wrap account program. The assets managed may include assets advised on a nondiscretionary or model basis. |
(3) As of March 31, 2023
The following table shows the dollar range of Fund shares beneficially owned by each portfolio manager as of March 31, 2023 and in the Eaton Vance family of funds as of December 31, 2022.
Portfolio Manager | Dollar Range of Equity Securities Beneficially Owned in the Fund | Aggregate Dollar Range of Equity Securities Beneficially Owned in all Registered Funds in the Eaton Vance Family of Funds |
Charles B. Gaffney | None | Over $1,000,000 |
Douglas R. Rogers | None | $100,001 - $500,000 |
May 26, 2023