EATON VANCE MUNICIPAL BOND FUND
SUPPLEMENT TO PROSPECTUS DATED MAY 1, 1998
EATON VANCE FLORIDA INSURED MUNICIPALS FUND
EATON VANCE KANSAS MUNICIPALS FUND
EATON VANCE HAWAII MUNICIPALS FUND
EATON VANCE HIGH YIELD MUNICIPALS FUND
SUPPLEMENT TO PROSPECTUSES DATED JUNE 1, 1998
1. The following replaces the description of the Class A contingent deferred
sales charge ("CDSC") in the second footnote under "Shareholder and Fund
Expenses":
No sales charge is payable at the time of purchase on investments in
Class A shares of $1 million or more. However, a CDSC of 1.00% will be
imposed on such investments in the event of most redemptions within 24
months of purchase.
2. The following replaces the current sales charge and dealer commission table
under "How to Buy Shares":
<TABLE>
<CAPTION>
Sales Charge Sales Charge Dealer Commission
as Percentage of as Percentage of as Percentage of
Amount of Purchase Offering Price Amount Invested Offering Price
<S> <C> <C> <C>
Less than $25,000 4.75% 4.99% 4.50%
$25,000 but less than $100,000 4.50 4.71 4.25
$100,000 but less than $250,000 3.75 3.90 3.50
$250,000 but less than $500,000 3.00 3.09 2.75
$500,000 but less than $1,000,000 2.00 2.04 2.00
$1,000,000 or more 0.00* 0.00* 1.00
*No sales charge is payable at the time of purchase on investments of $1 million or more. A CDSC
of 1.00% will be imposed on such investments (as described below) in the event of most redemptions
within 24 months of purchase.
</TABLE>
3. The following replaces the description of the Class A CDSC under "How to
Redeem Shares":
CLASS A SHARES. If Class A shares are purchased at net asset value
because the purchase amount is $1 million or more (as described under
"How to Buy Shares"), they will be subject to a 1.00% CDSC if redeemed
within 24 months of purchase.
August 1, 1998 MILLPS 6/99
