EATON VANCE INVESTMENT TRUST
Supplements to Statement of Additional
Information dated August 1, 1995
The following supplements "Investment Adviser and
Administrator" in Part I of the Statement of Additional
Information:
Eaton Vance offers single-state tax-free portfolios in more
states than any other sponsor of mutual funds. There are 30
long-term state portfolios, 5 national portfolios and 12
limited maturity portfolios. A staff of 32 is responsible for
the day-to-day management of over 3,500 issues in 46 mutual
fund portfolios. Assets managed by the municipal investment
group are currently over $9.1 billion. Raymond E. Hender and
William Ahern manage one or more of the Eaton Vance limited
maturity tax-free portfolios. Mr. Hender is a Vice President
of Eaton Vance and BMR. He is widely regarded as a pioneer in
the field of tax-exempt money management and was among the
industry's first group of tax-exempt money managers. While at
Fidelity Management & Research Company, he managed the first
ever tax exempt limited term mutual fund and the first ever
tax-exempt money market mutual fund. Mr. Hender holds a
Bachelor of Science Degree from the Philadelphia College of
Textiles and Science. Mr. Ahern is a Vice President of Eaton
Vance and BMR. He is a Chartered Financial Analyst (CFA) and
joined Eaton Vance in 1989 as an analyst in the fixed-income
department. He graduated from Boston College in 1981 with a
B.A. in Economics, and received his M.B.A. degree in Finance
from Babson College in 1987. Mr. Ahern is a member of the
Boston Security Analysts Society. For the identity of the
Portfolio's portfolio manager, see the Prospectus.
The following supplements "Investment Performance" in Part I
of the Fund's Statement of Additional Information:
From time to time the Fund may provide investors with
information on municipal bond investing, which may include
comparative performance information, charts and/or
illustrations prepared by independent sources (such as Lipper
Analytical Services). The Fund may also refer in investor
publications to Tax Freedom Day, as computed by the Tax
Foundation, Washington, DC 20005, to help illustrate the
value of tax free investing, as well as other tax-related
information.
The last column of the Tax Equivalent Yield Table for the
Pennsylvania Fund is replaced with the following:
<PAGE>
Federal, State,
County and Philadelphia
Taxes(3)
8.25%
9.74
10.16
10.96
11.61
(3)Includes a 4 mil county personal property tax and a 4.96%
school income tax.
September 27, 1995 ITSAIS
