UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act File Number: 811-04015
Eaton Vance Mutual Funds Trust
(Exact Name of Registrant as Specified in Charter)
Two International Place, Boston, Massachusetts 02110
(Address of Principal Executive Offices)
Deidre E. Walsh
Two International Place, Boston, Massachusetts 02110
(Name and Address of Agent for Services)
(617) 482-8260
(Registrant’s Telephone Number)
November 30
Date of Fiscal Year End
May 31, 2022
Date of Reporting Period
Item 1. Reports to Stockholders
% Average Annual Total Returns1,2 | Class Inception Date | Performance Inception Date | Six Months | One Year | Five Years | Since Inception |
Class A at NAV | 12/30/2020 | 12/30/2020 | (9.02)% | (8.44)% | —% | (5.51)% |
Class A with 3.25% Maximum Sales Charge | — | — | (11.99) | (11.43) | — | (7.71) |
Class I at NAV | 12/30/2020 | 12/30/2020 | (8.91) | (8.20) | — | (5.27) |
Bloomberg 5-10 Year Taxable Municipal Bond Index | — | — | (10.11)% | (9.80)% | 1.89% | (7.50)% |
% Total Annual Operating Expense Ratios3 | Class A | Class I |
Gross | 1.93% | 1.68% |
Net | 0.81 | 0.56 |
% Distribution Rates/Yields4 | Class A | Class I |
Distribution Rate | 1.38% | 1.58% |
Taxable-Equivalent Distribution Rate | 2.33 | 2.67 |
SEC 30-day Yield | 1.65 | 1.89 |
Taxable-Equivalent SEC 30-day Yield | 2.79 | 3.19 |
Credit Quality (% of total investments)*,** |
* | For purposes of the Fund’s rating restrictions, ratings are based on Moody’s Investors Service, Inc. (“Moody’s”), S&P Global Ratings (“S&P”) or Fitch Ratings (“Fitch”), as applicable. If securities are rated differently by the ratings agencies, the highest 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” (if any) are not rated by the national ratings agencies stated above. |
** | Excludes cash and cash equivalents. |
1 | Bloomberg 5-10 Year Taxable Municipal Bond Index is an unmanaged index of taxable municipal bonds with maturities ranging between 5 to 10 Years. Unless otherwise stated, index returns do not reflect the effect of any applicable sales charges, commissions, expenses, taxes or leverage, as applicable. It is not possible to invest directly in an index. |
2 | Total Returns at NAV do not include applicable sales charges. If sales charges were deducted, the returns would be lower. Total Returns shown with maximum sales charge reflect the stated maximum sales charge. Unless otherwise stated, performance does not reflect the deduction of taxes on Fund distributions or redemptions of Fund shares. Performance since inception for an index, if presented, is the performance since the Fund’s or oldest share class’ inception, as applicable. |
3 | Source: Fund prospectus. Net expense ratios reflect a contractual expense reimbursement that continues through 3/31/23. The expense ratios for the current reporting period can be found in the Financial Highlights section of this report. Performance reflects expenses waived and/or reimbursed, if applicable. Without such waivers and/or reimbursements, performance would have been lower. |
4 | The Distribution Rate is based on the Fund’s last regular distribution per share in the period (annualized) divided by the Fund’s NAV at the end of the period. The Fund’s distributions may be comprised of amounts characterized for federal income tax purposes as tax-exempt income, qualified and non-qualified ordinary dividends, capital gains and nondividend distributions, also known as return of capital. The Fund will determine the federal income tax character of distributions paid to a shareholder after the end of the calendar year. This is reported on the IRS form 1099-DIV and provided to the shareholder shortly after each year-end. The Fund’s distributions are determined by the investment adviser based on its current assessment of the Fund’s long-term return potential. As portfolio and market conditions change, the rate of distributions paid by the Fund could change. Taxable-equivalent performance is based on the highest combined federal and state income tax rates, where applicable. Lower tax rates would result in lower tax-equivalent performance. Actual tax rates will vary depending on your income, exemptions and deductions. Rates do not include local taxes. The SEC Yield is a standardized measure based on the estimated yield to maturity of a fund’s investments over a 30-day period and is based on the maximum offer price at the date specified. The SEC Yield is not based on the distributions made by the Fund, which may differ. |
Fund profile subject to change due to active management. |
Beginning Account Value (12/1/21) | Ending Account Value (5/31/22) | Expenses Paid During Period* (12/1/21 – 5/31/22) | Annualized Expense Ratio | |
Actual | ||||
Class A | $1,000.00 | $ 909.80 | $3.81** | 0.80% |
Class I | $1,000.00 | $ 910.90 | $2.62** | 0.55% |
Hypothetical | ||||
(5% return per year before expenses) | ||||
Class A | $1,000.00 | $1,020.94 | $4.03** | 0.80% |
Class I | $1,000.00 | $1,022.19 | $2.77** | 0.55% |
* | Expenses are equal to the Fund's annualized expense ratio for the indicated Class, multiplied by the average account value over the period, multiplied by 182/365 (to reflect the one-half year period). The Example assumes that the $1,000 was invested at the net asset value per share determined at the close of business on November 30, 2021. |
** | Absent an allocation of certain expenses to an affiliate, expenses would be higher. |
Corporate Bonds — 9.4% |
Security | Principal Amount (000's omitted) | Value | |
Hospital — 9.4% | |||
Little Co. of Mary Hospital of Indiana, Inc., 2.132%, 11/1/26 | $ | 400 | $ 368,579 |
Providence St. Joseph Health Obligated Group, 2.532%, 10/1/29 | 500 | 445,618 | |
St. Joseph's University Medical Center, Inc., 4.584%, 7/1/27 | 500 | 494,419 | |
Total Corporate Bonds (identified cost $1,457,282) | $ 1,308,616 |
Taxable Municipal Obligations — 81.2% |
Security | Principal Amount (000's omitted) | Value | |
Education — 3.2% | |||
San Antonio Education Facilities Corp., TX, (University of the Incarnate Word), 2.38%, 4/1/28 | $ | 500 | $ 442,910 |
$ 442,910 | |||
General Obligations — 15.6% | |||
Academy Independent School District, TX, (PSF Guaranteed), 1.51%, 8/15/27 | $ | 250 | $ 228,583 |
Bradley, IL, 1.35%, 12/15/27 | 250 | 221,088 | |
Chicago, IL: | |||
7.045%, 1/1/29 | 160 | 171,938 | |
Prerefunded to 1/1/23, 7.045%, 1/1/29 | 25 | 25,666 | |
Detroit, MI, 2.511%, 4/1/25 | 530 | 503,526 | |
Larkspur-Corte Madera School District, CA, (Election of 2011 and 2014), 1.602%, 8/1/29 | 400 | 349,964 | |
Nashua, NH, 1.40%, 1/15/32 | 255 | 206,547 | |
Ojai Unified School District, CA: | |||
1.819%, 8/1/29 | 300 | 263,577 | |
1.919%, 8/1/30 | 230 | 198,697 | |
$ 2,169,586 | |||
Hospital — 5.5% | |||
Conway, AR, (Conway Regional Medical Center), 2.45%, 8/1/29 | $ | 250 | $ 225,503 |
University of Wisconsin Hospitals and Clinics Authority, 2.09%, 4/1/28 | 590 | 544,186 | |
$ 769,689 |
Security | Principal Amount (000's omitted) | Value | |
Insured - Education — 3.1% | |||
Connecticut State Health and Educational Facilities Authority, (Connecticut State University System), (BAM), 2.05%, 11/1/29 | $ | 500 | $ 434,445 |
$ 434,445 | |||
Insured - General Obligations — 3.7% | |||
Valley View School District, PA, (BAM), 2.20%, 5/15/26 | $ | 525 | $ 512,852 |
$ 512,852 | |||
Insured - Hospital — 3.1% | |||
Maine Health and Higher Educational Facilities Authority, (Eastern Maine Medical Center), (AGM), 2.085%, 7/1/29 | $ | 500 | $ 434,745 |
$ 434,745 | |||
Insured - Special Tax Revenue — 11.8% | |||
Bexar County, TX, Combined Venue Tax Revenue, (AGM), 2.134%, 8/15/31 | $ | 750 | $ 645,285 |
Rio Elementary School District Community Facilities District No. 1, CA, (BAM), 2.107%, 9/1/29 | 500 | 442,425 | |
St. Clair County Board of Education, AL: | |||
(BAM), 1.31%, 2/1/26 | 200 | 187,082 | |
(BAM), 1.85%, 2/1/28 | 390 | 357,731 | |
$ 1,632,523 | |||
Lease Revenue/Certificates of Participation — 2.4% | |||
Beaufort County, NC, Limited Obligation Bonds, 2.00%, 6/1/29 | $ | 375 | $ 329,254 |
$ 329,254 | |||
Senior Living/Life Care — 6.8% | |||
Butler County Port Authority, OH, (Community First Solutions), 2.25%, 5/15/26 | $ | 285 | $ 278,360 |
California Public Finance Authority, (Enso Village), Green Bonds, 2.875%, 5/15/27(1) | 355 | 336,220 | |
Indiana Finance Authority, (BHI Senior Living), 1.99%, 11/15/24 | 350 | 333,182 | |
$ 947,762 | |||
Special Tax Revenue — 6.4% | |||
Illinois, Sales Tax Revenue, 2.159%, 6/15/29 | $ | 500 | $ 434,840 |
Massachusetts Bay Transportation Authority, Sales Tax Revenue, 1.525%, 7/1/27 | 500 | 455,235 | |
$ 890,075 |
Security | Principal Amount (000's omitted) | Value | |
Student Loan — 5.8% | |||
Massachusetts Educational Financing Authority, 2.305%, 7/1/29 | $ | 500 | $ 445,065 |
Rhode Island Student Loan Authority, 2.373%, 12/1/28 | 400 | 358,888 | |
$ 803,953 | |||
Transportation — 12.2% | |||
Broward County, FL, Airport System Revenue, 2.734%, 10/1/30 | $ | 500 | $ 449,040 |
Central Texas Regional Mobility Authority, 1.863%, 1/1/27 | 600 | 549,012 | |
Miami-Dade County, FL, Aviation Revenue, 2.449%, 10/1/29 | 500 | 455,925 | |
San Jose, CA, Airport Revenue, 1.209%, 3/1/25 | 250 | 235,257 | |
$ 1,689,234 | |||
Water and Sewer — 1.6% | |||
Arkansas Community Water System Public Water Authority, 1.98%, 10/1/29 | $ | 250 | $ 226,528 |
$ 226,528 | |||
Total Taxable Municipal Obligations (identified cost $12,521,145) | $11,283,556 |
Short-Term Investments — 9.0% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 0.71%(2) | 1,246,258 | $ 1,246,258 | |
Total Short-Term Investments (identified cost $1,246,258) | $ 1,246,258 | ||
Total Investments — 99.6% (identified cost $15,224,685) | $13,838,430 | ||
Other Assets, Less Liabilities — 0.4% | $ 55,114 | ||
Net Assets — 100.0% | $13,893,544 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
(1) | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At May 31, 2022, the aggregate value of these securities is $336,220 or 2.4% of the Fund's net assets. |
(2) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of May 31, 2022. |
At May 31, 2022, the concentration of the Fund’s investments in the various states, determined as a percentage of net assets, is as follows: |
Texas | 13.4% |
California | 13.2% |
Others, representing less than 10% individually | 54.6% |
Abbreviations: | |
AGM | – Assured Guaranty Municipal Corp. |
BAM | – Build America Mutual Assurance Co. |
PSF | – Permanent School Fund |
May 31, 2022 | |
Assets | |
Unaffiliated investments, at value (identified cost $13,978,427) | $ 12,592,172 |
Affiliated investment, at value (identified cost $1,246,258) | 1,246,258 |
Interest receivable | 87,216 |
Dividends receivable from affiliated investment | 666 |
Receivable from affiliate | 12,666 |
Total assets | $13,938,978 |
Liabilities | |
Payable to affiliates: | |
Investment adviser and administration fee | $ 5,176 |
Trustees' fees | 205 |
Accrued expenses | 40,053 |
Total liabilities | $ 45,434 |
Net Assets | $13,893,544 |
Sources of Net Assets | |
Paid-in capital | $ 15,291,797 |
Distributable earnings | (1,398,253) |
Net Assets | $13,893,544 |
Class A Shares | |
Net Assets | $ 9,230 |
Shares Outstanding | 1,016 |
Net Asset Value and Redemption Price Per Share (net assets ÷ shares of beneficial interest outstanding) | $ 9.08 |
Maximum Offering Price Per Share (100 ÷ 96.75 of net asset value per share) | $ 9.39 |
Class I Shares | |
Net Assets | $ 13,884,314 |
Shares Outstanding | 1,529,067 |
Net Asset Value, Offering Price and Redemption Price Per Share (net assets ÷ shares of beneficial interest outstanding) | $ 9.08 |
On sales of $50,000 or more, the offering price of Class A shares is reduced. |
Six Months Ended | |
May 31, 2022 | |
Investment Income | |
Dividend income from affiliated investments | $ 1,037 |
Interest income | 149,813 |
Total investment income | $ 150,850 |
Expenses | |
Investment adviser and administration fee | $ 32,726 |
Distribution and service fees: | |
Class A | 12 |
Trustees’ fees and expenses | 622 |
Custodian fee | 12,239 |
Transfer and dividend disbursing agent fees | 343 |
Legal and accounting services | 31,327 |
Printing and postage | 73 |
Registration fees | 15,086 |
Miscellaneous | 4,323 |
Total expenses | $ 96,751 |
Deduct: | |
Waiver and/or reimbursement of expenses by affiliate | $ 56,549 |
Total expense reductions | $ 56,549 |
Net expenses | $ 40,202 |
Net investment income | $ 110,648 |
Realized and Unrealized Gain (Loss) | |
Net realized gain (loss): | |
Investment transactions | $ (11,898) |
Investment transactions - affiliated investment | (32) |
Net realized loss | $ (11,930) |
Change in unrealized appreciation (depreciation): | |
Investments | $ (1,462,876) |
Investments - affiliated investment | 32 |
Net change in unrealized appreciation (depreciation) | $(1,462,844) |
Net realized and unrealized loss | $(1,474,774) |
Net decrease in net assets from operations | $(1,364,126) |
Six Months Ended May 31, 2022 (Unaudited) | Period Ended November 30, 2021(1) | |
Increase (Decrease) in Net Assets | ||
From operations: | ||
Net investment income | $ 110,648 | $ 116,408 |
Net realized gain (loss) | (11,930) | 64,672 |
Net change in unrealized appreciation (depreciation) | (1,462,844) | 76,589 |
Net increase (decrease) in net assets from operations | $ (1,364,126) | $ 257,669 |
Distributions to shareholders: | ||
Class A | $ (108) | $ (55) |
Class I | (179,639) | (116,756) |
Total distributions to shareholders | $ (179,747) | $ (116,811) |
Transactions in shares of beneficial interest: | ||
Class A | $ 90 | $ 10,074 |
Class I | 179,639 | 15,106,756 |
Net increase in net assets from Fund share transactions | $ 179,729 | $15,116,830 |
Net increase (decrease) in net assets | $ (1,364,144) | $15,257,688 |
Net Assets | ||
At beginning of period | $ 15,257,688 | $ — |
At end of period | $13,893,544 | $15,257,688 |
(1) | For the period from the start of business, December 30, 2020, to November 30, 2021. |
Class A | ||
Six Months Ended May 31, 2022 (Unaudited) | Period Ended November 30, 2021(1) | |
Net asset value — Beginning of period | $10.090 | $ 10.000 |
Income (Loss) From Operations | ||
Net investment income(2) | $ 0.060 | $ 0.054 |
Net realized and unrealized gain (loss) | (0.964) | 0.090 |
Total income (loss) from operations | $ (0.904) | $ 0.144 |
Less Distributions | ||
From net investment income | $ (0.063) | $ (0.054) |
From net realized gain | (0.043) | — |
Total distributions | $ (0.106) | $ (0.054) |
Net asset value — End of period | $ 9.080 | $10.090 |
Total Return(3)(4) | (9.02)% (5) | 1.44% (5) |
Ratios/Supplemental Data | ||
Net assets, end of period (000’s omitted) | $ 9 | $ 10 |
Ratios (as a percentage of average daily net assets): | ||
Expenses (4) | 0.80% (6)(7) | 0.80% (6) |
Net investment income | 1.28% (6) | 0.58% (6) |
Portfolio Turnover | 0% (5) | 185% (5) |
(1) | For the period from the start of business, December 30, 2020, to November 30, 2021. |
(2) | Computed using average shares outstanding. |
(3) | Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested and do not reflect the effect of sales charges. |
(4) | The investment adviser and administrator reimbursed certain operating expenses (equal to 0.78% and 1.12% of average daily net assets for the six months ended May 31, 2022 and the period ended November 30, 2021, respectively). Absent this reimbursement, total return would be lower. |
(5) | Not annualized. |
(6) | Annualized. |
(7) | Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund’s investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended May 31, 2022). |
Class I | ||
Six Months Ended May 31, 2022 (Unaudited) | Period Ended November 30, 2021(1) | |
Net asset value — Beginning of period | $10.090 | $ 10.000 |
Income (Loss) From Operations | ||
Net investment income(2) | $ 0.073 | $ 0.077 |
Net realized and unrealized gain (loss) | (0.964) | 0.091 |
Total income (loss) from operations | $ (0.891) | $ 0.168 |
Less Distributions | ||
From net investment income | $ (0.076) | $ (0.078) |
From net realized gain | (0.043) | — |
Total distributions | $ (0.119) | $ (0.078) |
Net asset value — End of period | $ 9.080 | $10.090 |
Total Return(3)(4) | (8.91)% (5) | 1.68% (5) |
Ratios/Supplemental Data | ||
Net assets, end of period (000’s omitted) | $13,884 | $ 15,248 |
Ratios (as a percentage of average daily net assets): | ||
Expenses (3) | 0.55% (6)(7) | 0.55% (6) |
Net investment income | 1.52% (6) | 0.83% (6) |
Portfolio Turnover | 0% (5) | 185% (5) |
(1) | For the period from the start of business, December 30, 2020, to November 30, 2021. |
(2) | Computed using average shares outstanding. |
(3) | The investment adviser and administrator reimbursed certain operating expenses (equal to 0.78% and 1.12% of average daily net assets for the six months ended May 31, 2022 and the period ended November 30, 2021, respectively). Absent this reimbursement, total return would be lower. |
(4) | Returns are historical and are calculated by determining the percentage change in net asset value with all distributions reinvested. |
(5) | Not annualized. |
(6) | Annualized. |
(7) | Includes a reduction by the investment adviser of a portion of its adviser and administration fee due to the Fund’s investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the six months ended May 31, 2022). |
Aggregate cost | $ 15,224,736 |
Gross unrealized appreciation | $ — |
Gross unrealized depreciation | (1,386,306) |
Net unrealized depreciation | $ (1,386,306) |
Average Daily Net Assets | Annual Fee Rate |
Up to $1 billion | 0.450% |
$1 billion but less than $2.5 billion | 0.425% |
$2.5 billion but less than $5 billion | 0.410% |
$5 billion and over | 0.400% |
Six Months Ended May 31, 2022 (Unaudited) | Period Ended November 30, 2021(1) | ||||
Shares | Amount | Shares | Amount | ||
Class A | |||||
Sales | — | $ — | 1,010 | $ 10,099 | |
Issued to shareholders electing to receive payments of distributions in Fund shares | 11 | 108 | 5 | 55 | |
Redemptions | (2) | (18) | (8) | (80) | |
Net increase | 9 | $ 90 | 1,007 | $ 10,074 |
Six Months Ended May 31, 2022 (Unaudited) | Period Ended November 30, 2021(1) | ||||
Shares | Amount | Shares | Amount | ||
Class I | |||||
Sales | — | $ — | 1,499,000 | $ 14,990,000 | |
Issued to shareholders electing to receive payments of distributions in Fund shares | 18,536 | 179,639 | 11,531 | 116,756 | |
Net increase | 18,536 | $179,639 | 1,510,531 | $15,106,756 |
(1) | For the period from the start of business, December 30, 2020, to November 30, 2021. |
Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Units/Shares, end of period |
Short-Term Investments | ||||||||
Cash Reserves Fund | $316,991 | $ 934,324 | $(1,251,315) | $ (32) | $ 32 | $ — | $ 322 | — |
Liquidity Fund | — | 1,265,701 | (19,443) | — | — | 1,246,258 | 715 | 1,246,258 |
Total | $ (32) | $ 32 | $1,246,258 | $1,037 |
• | Level 1 – quoted prices in active markets for identical investments |
• | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
Asset Description | Level 1 | Level 2 | Level 3 | Total |
Corporate Bonds | $ — | $ 1,308,616 | $ — | $ 1,308,616 |
Taxable Municipal Obligations | — | 11,283,556 | — | 11,283,556 |
Short-Term Investments | 1,246,258 | — | — | 1,246,258 |
Total Investments | $1,246,258 | $12,592,172 | $ — | $13,838,430 |
Officers | |
Eric A. Stein President | Jill R. Damon Secretary |
Deidre E. Walsh Vice President and Chief Legal Officer | Richard F. Froio Chief Compliance Officer |
James F. Kirchner Treasurer |
Trustees |
George J. Gorman Chairperson | |
Alan C. Bowser** | |
Thomas E. Faust Jr.* | |
Mark R. Fetting | |
Cynthia E. Frost | |
Valerie A. Mosley |
Keith Quinton | |
Marcus L. Smith | |
Susan J. Sutherland | |
Scott E. Wennerholm | |
Nancy A. Wiser** |
* | Interested Trustee |
** | Mr. Bowser and Ms. Wiser began serving as Trustees effective April 4, 2022. |
Privacy Notice | April 2021 |
FACTS | WHAT DOES EATON VANCE DO WITH YOUR PERSONAL INFORMATION? |
Why? | Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do. |
What? | The types of personal information we collect and share depend on the product or service you have with us. This information can include:■ Social Security number and income ■ investment experience and risk tolerance ■ checking account number and wire transfer instructions |
How? | All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Eaton Vance chooses to share; and whether you can limit this sharing. |
Reasons we can share your personal information | Does Eaton Vance share? | Can you limit this sharing? |
For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus | Yes | No |
For our marketing purposes — to offer our products and services to you | Yes | No |
For joint marketing with other financial companies | No | We don’t share |
For our investment management affiliates’ everyday business purposes — information about your transactions, experiences, and creditworthiness | Yes | Yes |
For our affiliates’ everyday business purposes — information about your transactions and experiences | Yes | No |
For our affiliates’ everyday business purposes — information about your creditworthiness | No | We don’t share |
For our investment management affiliates to market to you | Yes | Yes |
For our affiliates to market to you | No | We don’t share |
For nonaffiliates to market to you | No | We don’t share |
To limit our sharing | Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.comPlease note:If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing. |
Questions? | Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com |
Privacy Notice — continued | April 2021 |
Who we are | |
Who is providing this notice? | Eaton Vance Management, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Global Advisors Limited, Eaton Vance Management’s Real Estate Investment Group, Boston Management and Research, Calvert Research and Management, Eaton Vance and Calvert Fund Families and our investment advisory affiliates (“Eaton Vance”) (see Investment Management Affiliates definition below) |
What we do | |
How does Eaton Vance protect my personal information? | To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We have policies governing the proper handling of customer information by personnel and requiring third parties that provide support to adhere to appropriate security standards with respect to such information. |
How does Eaton Vance collect my personal information? | We collect your personal information, for example, when you■ open an account or make deposits or withdrawals from your account ■ buy securities from us or make a wire transfer ■ give us your contact informationWe also collect your personal information from others, such as credit bureaus, affiliates, or other companies. |
Why can’t I limit all sharing? | Federal law gives you the right to limit only■ sharing for affiliates’ everyday business purposes — information about your creditworthiness ■ affiliates from using your information to market to you ■ sharing for nonaffiliates to market to youState laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law. |
Definitions | |
Investment Management Affiliates | Eaton Vance Investment Management Affiliates include registered investment advisers, registered broker- dealers, and registered and unregistered funds. Investment Management Affiliates does not include entities associated with Morgan Stanley Wealth Management, such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. |
Affiliates | Companies related by common ownership or control. They can be financial and nonfinancial companies.■ Our affiliates include companies with a Morgan Stanley name and financial companies such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co. |
Nonaffiliates | Companies not related by common ownership or control. They can be financial and nonfinancial companies.■ Eaton Vance does not share with nonaffiliates so they can market to you. |
Joint marketing | A formal agreement between nonaffiliated financial companies that together market financial products or services to you.■ Eaton Vance doesn’t jointly market. |
Other important information | |
Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information.California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us. |
Two International Place
Boston, MA 02110
Two International Place
Boston, MA 02110
(617) 482-8260
State Street Financial Center, One Lincoln Street
Boston, MA 02111
Attn: Eaton Vance Funds
P.O. Box 9653
Providence, RI 02940-9653
(800) 262-1122
Boston, MA 02110
Item 2. Code of Ethics
Not required in this filing.
Item 3. Audit Committee Financial Expert
Not required in this filing.
Item 4. Principal Accountant Fees and Services
Not required in this filing.
Item 5. Audit Committee of Listed Registrants
Not applicable.
Item 6. Schedule of Investments
Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this Form N-CSR.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies
Not applicable.
Item 8. Portfolio Managers of Closed-End Management Investment Companies
Not applicable.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers
Not applicable.
Item 10. Submission of Matters to a Vote of Security Holders
No material changes.
Item 11. Controls and Procedures
(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.
(b) There have been no changes in the registrant’s internal controls over financial reporting during the second fiscal quarter of the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies
Not applicable.
Item 13. Exhibits
(a)(1) | Registrant’s Code of Ethics – Not applicable (please see Item 2). | |
(a)(2)(i) | Treasurer’s Section 302 certification. | |
(a)(2)(ii) | President’s Section 302 certification. | |
(b) | Combined Section 906 certification. |
Signatures
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Eaton Vance Mutual Funds Trust | ||
By: | /s/ Eric A. Stein | |
Eric A. Stein | ||
President | ||
Date: | July 18, 2022 |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ James F. Kirchner | |
James F. Kirchner | ||
Treasurer | ||
Date: | July 18, 2022 | |
By: | /s/ Eric A. Stein | |
Eric A. Stein | ||
President | ||
Date: | July 18, 2022 |