EV CLASSIC NATIONAL MUNICIPALS FUND
Supplement to Statement of Additional Information
dated February 1, 1996
The following is added to "Performance Information" in Part II:
For the thirty-day period ended September 30, 1995, the
yield of the Fund was 5.05%. The yield required of a
taxable security that would produce an after-tax yield
equivalent to that earned by the Fund of 5.05% would be
7.32%, assuming a federal tax rate of 31%. If a portion of
the Fund's expenses had not been allocated to the
Administrator, the Fund would have had a lower yield.
The Fund's distribution rate (calculated on September
30, 1995 and based on the Fund's monthly distribution paid
September 22, 1995) was 5.77%, and the Fund's effective
distribution rate (calculated on the same date and based on
the same monthly distribution) was 5.92%. If a portion of
the Fund's expenses had not been allocated to the
Administrator, the Fund would have had a lower distribution
rate and effective distribution rate.
February 13, 1996
EV MARATHON NATIONAL MUNICIPALS FUND
Supplement to Statement of Additional Information
dated February 1, 1996
The following is added to "Performance Information" in Part II:
For the thirty-day period ended September 30, 1995, the
yield of the Fund was 5.37%. The yield required of a
taxable security that would produce an after-tax yield
equivalent to that earned by the Fund of 5.37% would be
7.78%, assuming a federal tax rate of 31%.
The Fund's distribution rate (calculated on September
30, 1995 and based on the Fund's monthly distribution paid
September 15, 1995) was 5.82%, and the Fund's effective
distribution rate (calculated on the same date and based on
the same monthly distribution) was 5.97%.
February 13, 1996
EV TRADITIONAL NATIONAL MUNICIPALS FUND
Supplement to Statement of Additional Information
dated February 1, 1996
The following is added to "Performance Information" in Part II:
For the thirty-day period ended September 30, 1995, the
yield of the Fund was 6.13%. The yield required of a
taxable security that would produce an after-tax yield
equivalent to that earned by the Fund of 6.13% would be
8.88%, assuming a federal tax rate of 31%. If a portion of
the Fund's expenses had not been allocated to the
Administrator, the Fund would have had a lower yield.
The Fund's distribution rate (calculated on September
30, 1995 and based on the Fund's monthly distribution paid
September 29, 1995) was 6.39%, and the Fund's effective
distribution rate (calculated on the same date and based on
the same monthly distribution) was 6.58%. If a portion of
the Fund's expenses had not been allocated to the
Administrator, the Fund would have had a lower distribution
rate and effective distribution rate.
See the Tax Equivalent Yield Table in Part I for
information concerning applicable tax rates and income
brackets.
February 13, 1996
