EV TRADITIONAL FLORIDA LIMITED MATURITY TAX FREE FUND
EV TRADITIONAL NEW YORK LIMITED MATURITY TAX FREE FUND
EV TRADITIONAL NATIONAL LIMITED MATURITY TAX FREE FUND
Supplement to the Prospectuses dated August 1, 1995
1. Effective immediately, all purchases of shares of a Fund
of $1 million or more will be subject to a contingent deferred
sales charge ("CDSC") of 0.50% in the event of certain redemptions
within twelve months after the purchase. Such purchases continue
to bear no initial sales charge. (Such purchases made before March
27, 1995 will continue to be subject to a CDSC of 1% in the event
of certain redemptions made within eighteen months of purchase.)
The Principal Underwriter will compensate Authorized Firms
responsible for such purchases at the rate of 0.50% of the amount
invested, and any CDSC incurred will be retained by the Principal
Underwriter.
The CDSC will be imposed on an amount equal to the lesser of
the current market value or the original purchase price of the
shares redeemed. Accordingly, no CDSC will be imposed on increases
in account value above the initial purchase price, including any
dividends or distributions that have been reinvested in additional
shares. It will be assumed that redemptions are made first from
any shares in the shareholder's account that are not subject to a
CDSC.
The CDSC is waived for redemptions involving certain
liquidation, merger or acquisition transactions involving other
investment companies. If a shareholder reinvests redemption
proceeds within a 60-day period and in accordance with the
conditions set forth under "Eaton Vance Shareholder Services --
Reinvestment Privilege," the shareholder's account will be credited
with the amount of any CDSC paid on such redeemed shares.
Shares of the Fund which are subject to a CDSC may be
exchanged into any of the funds listed under "The Eaton Vance
Exchange Privilege" without incurring the CDSC. The shares
acquired in an exchange may be subject to a CDSC upon redemption.
For purposes of computing the CDSC payable upon redemption of
shares acquired in an exchange, the holding period of the original
shares is added to the holding period of the shares acquired in the
exchange.
Consistent with the foregoing, the "Shareholder and Fund
Expense" table is revised by replacing the line "Contingent
Deferred Sales Charges Imposed on Redemptions" with the following:
Contingent Deferred Sales Charges (on
purchases of $1 million or more) Imposed
on Redemptions During the First Twelve
Months (as a percentage of redemption
proceeds exclusive of all reinvestments
and capital appreciation in the account) 0.50%
In addition, the sales charge table under "How to Buy Fund
Shares" is revised by replacing the line "$1,000,000 or more" with
the following:
Sales Sales Dealer
Charge Charge Commission
as Percent- as Percent- as Percent-
age of age of age of
Offering Amount Offering
Amount of Purchase Price Invested Price
$1,000,000 or more 0.00% 0.00% 0.50%
2. The following is added to "How to Buy Fund Shares":
Shares of a Fund may be sold at net asset value to
an investor making an investment through an
investment adviser, financial planner, broker or
other intermediary that charges a fee for its
services and has entered into an agreement with the
Fund or its Principal Underwriter. An Authorized
Firm may charge its customers a fee in connection
with transactions executed by that Firm.
3. The following is added to "Reports to Shareholders":
Consistent with applicable law, duplicate
mailings of shareholder reports and certain
other Fund information to shareholders residing
at the same address may be eliminated.
4. The following is added to "Performance Information":
A Fund's performance may be compared in
publications to the performance of various
indices and investments for which reliable data
is available, and to averages, performance
rankings, or other information prepared by
recognized mutual fund statistical services.
November 1, 1995 T-3LPS
