EATON VANCE INCOME FUND OF BOSTON
497, 2000-01-03
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                          EATON VANCE HIGH INCOME FUND

                            Supplement to Prospectus
                              dated August 1, 1999


                        EATON VANCE INCOME FUND OF BOSTON

                            Supplement to Prospectus
                             dated December 1, 1999



1.   Thomas Huggins has joined Michael W.  Weilheimer as  co-portfolio  manager.
     Mr.  Huggins is a Vice  President  of Eaton Vance and Boston  Management  &
     Research.  He joined  Eaton  Vance in April  1997 as the head of high yield
     bond trading.  Prior to joining Eaton Vance, Mr. Huggins was a fixed income
     trader for John Hancock Mutual Funds.

2.   The following is added to the second  paragraph of "Reducing or Eliminating
     Sales  Charges"  under  "Sales  Charges" in the Eaton Vance  Income Fund of
     Boston prospectus:

     Effective  February 1, 2000, Fund shares will be sold at net asset value if
     the amount invested  represents  redemption proceeds from a mutual fund not
     affiliated  with Eaton Vance,  provided the redemption  occurred  within 60
     days of the Fund share  purchase and the redeemed  shares were subject to a
     sales  charge.  Fund shares so acquired  will be subject to a 0.50% CDSC if
     they are redeemed within 12 months of purchase.  Investment dealers will be
     paid a commission on such sales of 0.50% of the amount invested.



JANUARY 1, 2000                                                           IBHIPS

<PAGE>
                                   EATON VANCE
                                   INCOME FUND
                                    OF BOSTON

                              Institutional Shares

                            Supplement to Prospectus
                             dated December 1, 1999



Thomas Huggins has joined Michael W. Weilheimer as  co-portfolio  manager of the
Fund. Mr.  Huggins is a Vice President of Eaton Vance.  He joined Eaton Vance in
April 1997 as the head of high yield bond trading. Prior to joining Eaton Vance,
Mr. Huggins was a fixed income trader for John Hancock Mutual Funds.



JANUARY 1, 2000                                                             IBPS


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