Eaton Vance Enhanced Equity Income Fund board exempts Control Share By-Law for prior and new purchases

Eaton Vance Enhanced Equity Income Fund

Board voted Jan 26, 2023 to exempt prior and future Control Share Acquisitions from Control Share By-Law until further notice.
Massachusetts Superior Court on Jan 23, 2023 ruled Control Share By-Law violates Section 18(i) of 1940 Act; litigation ongoing.
Court granted partial summary judgment to Saba on rescission claim but denied fiduciary duty claim, finding trustees had legitimate business reason.
Exemption covers 23 Eaton Vance closed-end funds including EOI; board may take further actions as legal developments warrant.

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