EMAIX

About EMAIX

Eaton Vance Short Duration Municipal Opportunities Fund Class I is an actively managed municipal bond mutual fund designed to maximize after‑tax total return with a focus on the short end of the muni market. The strategy maintains an average portfolio duration of less than four and a half years, providing flexibility to invest across the municipal credit spectrum and opportunistically allocate by sector, structure, and maturity. The fund may hold obligations of any duration or credit quality and can use relative‑value trading as market conditions evolve. Management emphasizes bottom‑up, fundamental credit research by an experienced municipals team to identify value and manage risk. The fund is benchmarked to the Bloomberg Short‑Intermediate 1‑10 Year Municipal Bond Index, reflecting its focus on shorter maturities within the tax‑exempt market. Class I shares target institutional investors and have a stated minimum initial investment of $1,000,000, with expenses disclosed in the fund’s prospectus. The portfolio’s positioning and performance can include allocations to sectors such as housing and taxable municipals when attractive on a relative basis, consistent with its opportunistic mandate.