Eaton Vance Municipal Bond Fund

Eaton Vance Municipal Bond Fund is a closed-end fund dedicated to delivering current income that is exempt from federal income tax by primarily investing in municipal obligations. The fund allocates at least 80% of its net assets to municipal bonds, with a particular focus on high-quality securities, and may invest up to 20% in obligations rated BBB/Baa or lower. The portfolio is broadly diversified, typically holding a large number of municipal issues with varying maturities—its average maturity stands at over 12 years. Managed by Eaton Vance Management, the fund aims to provide stable monthly distributions, which may include dividends, capital gains, and non-dividend returns of capital, reflecting the nuances of municipal bond market returns. Eaton Vance Municipal Bond Fund serves investors seeking tax-advantaged income opportunities, playing a significant role in portfolios designed to balance income needs with the goal of preserving capital in tax-sensitive investment strategies. Its diversified holdings across U.S. municipalities help support key infrastructure and public projects while offering investors a consistent stream of federally tax-exempt income.