Eaton Vance Funds Exempt Control Share Acquisitions from Bylaw After Court Ruling

Eaton Vance Risk-Managed Diversified Equity Income Fund

Board of Trustees on Jan 26, 2023 exempted prior and new Control Share Acquisitions from the Control Share By-Law until further notice.
Exemption follows Massachusetts Superior Court ruling that the bylaw violates Section 18(i) of the Investment Company Act.
Court granted Saba Capital's motion for summary judgment on rescission claim; litigation ongoing.
Funds affected include ETJ and 21 other Eaton Vance closed-end funds listed in the press release.

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