Closed-End Funds & Term Trusts

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please select the "month" timeframe within the Performance tab or call 1-800-836-2414. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost.

For information on expenses, please click on the fund name. For additional important information, please click here.

Return of Capital Demystified: Understand what it means to receive a nondividend, or return of capital, distribution. To read more, click here.
Premiums and Discounts: Understanding closed-end fund premiums and discounts. To read more, click here.
UNII Report: Download the latest information and trends for Undistributed Net Investment Income (UNII) of Eaton Vance's closed-end funds. To download, click here.

Calendar Year Return (%) is available by selecting the fund name in the pricing table.

Performance data quoted is based on average annualized returns and net of fees. 

Performance data quoted represents past performance, which is no guarantee of future results, and current performance may be lower or higher than the figures shown. For the most recent month-end performance figures, please select the "month" timeframe within the Performance tab or call 1-800-836-2414. Investment returns and principal value will fluctuate and fund shares, when redeemed, may be worth more or less than their original cost. 

Where the net expense ratio is lower than the gross expense ratio, certain fees have been waived and/or expenses reimbursed. These waivers and/or reimbursements will continue for at least one year from the date of the applicable fund’s current prospectus (unless otherwise noted in the applicable prospectus) or until such time as the fund's Board of Directors /Trustees acts to discontinue all or a portion of such waivers and/or reimbursements. Absent such waivers and/or reimbursements, returns would have been lower. Expenses are based on the fund's current annual report.

Please keep in mind that high double-digit returns are highly unusual and cannot be sustained. Investors should also be aware that these returns were primarily achieved during favorable market conditions. 

A portion of this income may be subject to state or local tax. Certain funds may invest in securities that will subject certain individuals and corporations to the federal Alternative Minimum Tax. Consult your tax advisor for more information regarding your situation.

SEC 30-day yield is a measure of the income generated by the portfolio's underlying asset over the trailing 30 days, relative to the asset base of the portfolio itself. The SEC 30-Day yield - Subsidized reflects current fee waivers in effect. Absent such fee waivers, the yield would have been lower. The SEC 30-Day yield- Unsubsidized does not reflect the fee waivers currently in effect. For non-subsidized yield information, please click on the Non-Subsidized link above.

Click on the Fund name above for more information. Index definitions can be found on the individual fund pages. These pages can be opened by clicking the fund’s name in the left column of the above table.

Closed end funds, unlike open end funds, are not continuously offered. There is a one time public offering and once issued, shares of closed end funds are sold in the open market through a stock exchange. NAV per share is determined by dividing the value of the trust's portfolio securities, cash and other assets, less all liabilities and preferred shares, by the total number of common shares outstanding. The common share market price is the price the market is willing to pay for shares of the trust at a given time.

Morgan Stanley Investment Management (MSIM) is the asset management division of Morgan Stanley.