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EATON VANCE HIGH INCOME FUND Supplement to Statement of Additional Information dated August 1, 1999 The following is added to the end of the second to last paragraph under "Investment Restrictions" on page 8: For as long as a feeder fund of the Portfolio is registered in Taiwan, the total value of the Portfolio's investments in derivative products for hedging or investment purposes will not exceed 15% of total net assets. November 8, 1999
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