EV CLASSIC SENIOR
FLOATING-RATE FUND
SUPPLEMENT TO THE PROSPECTUS
DATED
MARCH 15, 2000
The following paragraph is added to the "EARLY WITHDRAWAL CHARGE" section
under "Sales Charges":
No early withdrawal charge will be imposed on Fund shares where the shares
purchased and maintained in an account exceed $5 million; in such cases
investment dealers will receive compensation from the principal underwriter in
monthly payments during the first year. Additional purchases will be treated
similarly.
APRIL 10, 2000 CSFRPS1