EX-99.M4 4 exhibitm4_ex99zm4.htm MASTER DISTRIBUTION PLAN CLASS A DISTRIBUTION PLAN

EXHIBIT (m)(4)


MASTER DISTRIBUTION PLAN


For Class R Shares



WHEREAS, each entity listed on Schedule A (each a “Trust” and together, the “Trusts”) engages in business as an open-end management investment company with multiple series of shares as listed on Schedule A hereof (each a “Fund” and together, the “Funds”), and is registered as such under the Investment Company Act of 1940, as amended (the “1940 Act”);


WHEREAS, each Trust employs Eaton Vance Distributors, Inc. to act as Principal Underwriter (as defined in the 1940 Act) of the Fund, and the Principal Underwriter has entered into selling agreements with financial intermediaries and other third parties (“financial intermediaries”) to distribute Fund shares;


WHEREAS, certain Funds identified on Schedule A offer shares designated as Class R (collectively referred to herein as the “Class”) and each Trust has adopted a separate Distribution Plan pursuant to Rule 12b-1 under the 1940 Act (the “Prior Plans”) that provides for the payment of a annual distribution fees and service fees by each Fund from the assets of the Class;  


WHEREAS, the Principal Underwriter has proposed to establish a single Master Distribution Plan for the Class shares of each Fund (the “Plan”), which reflects the terms and conditions of the Prior Plans and does not result in a change in the amounts payable under such Plans;


WHEREAS, the Trustees of the Trust have determined that there is a reasonable likelihood that the Plan will benefit each Fund and the holders of Class shares of each such Fund;


NOW, THEREFORE, each Trust hereby adopts the Plan on behalf of each Fund with respect to its Class shares in accordance with Rule 12b-1 under the 1940 Act and containing the following terms and conditions:


1.

Each Fund shall pay to the Principal Underwriter a monthly distribution fee from the assets of the Class in an amount that shall not exceed the amount set forth on Schedule A for any fiscal year.  Such fee is being paid in consideration for the distribution services and facilities to be furnished to the Fund by the Principal Underwriter.  The Principal Underwriter may use the payments received pursuant to this Paragraph to compensate financial intermediaries to encourage the distribution of Class shares as it considers appropriate.


2.

Appropriate adjustment of payments made pursuant to Section 1 of the Plan shall be made whenever necessary to ensure that no such payment shall cause a Fund to exceed the applicable maximum cap imposed on sales charges attributable to the Class by subsection (d) of Rule 2830 of the NASD Conduct Rules of the Financial Industry Regulatory Authority, Inc. (the “Fee Cap”).




3.

In addition to the payments of distribution fees to the Principal Underwriter provided for in Section 1, each Fund shall pay from assets attributable to the Class a monthly service fee to the Principal Underwriter.  Such service fee shall be in an amount not to exceed the amount set forth on Schedule A for any fiscal year.  All service fees are being paid to the Principal Underwriter hereunder in consideration for the personal and/or account maintenance services furnished by the Principal Underwriter to the Class and for the payment of service fees by the Principal Underwriter to financial intermediaries in connection with the provision of personal services and/or the maintenance of shareholder accounts.


4.  

The Plan shall not take effect until after it has been approved by both a majority of (i) those Trustees of the Trust who are not “interested persons” of the Trust (as defined in the 1940 Act) and have no direct or indirect financial interest in the operations of the Plan or any agreements related to it (the “Rule 12b-1 Trustees”), and (ii) all of the Trustees then in office, cast in person at a meeting (or meetings) called for the purpose of voting on the Plan.


5.  

Any agreements between a Trust on behalf of a Fund and any person relating to the Plan shall be in writing and shall not take effect until approved in the manner provided for Trustee approval of the Plan in Section 3.


6.

The Plan shall continue in effect with respect to the Class for so long as such continuance is specifically approved at least annually in the manner provided for Trustee approval of the Plan in Section 3.


7.

The persons authorized to direct the disposition of monies paid or payable by the Trust pursuant to the Plan or any related agreement shall be the President or any Vice President or the Secretary or Treasurer of the Trust.  Such persons shall provide to the Trustees of the Trust and the Trustees shall review, at least quarterly, a written report of the amounts so expended and the purposes for which such expenditures were made.


8.

The Plan may be terminated as to any Fund with respect to its Class shares at any time by vote of a majority of the Rule 12b-1 Trustees, or by vote of a majority of the outstanding voting securities of the Class.


9.

The Plan may not be amended to increase materially the payments to be made by the Fund from the assets of the Class as provided herein unless such amendment, if required by law, is approved by a vote of at least a majority of the outstanding voting securities of the Class.  In addition, all material amendments to the Plan shall be approved in the manner provided for in Section 3.  Additional Funds may adopt the Plan upon approval by the Trustees of the Trust in the manner provided for in Section 3 and amendment of Schedule A.


10.

While the Plan is in effect, the selection and nomination of the Rule 12b-1 Trustees shall be committed to the discretion of the Rule 12b-1 Trustees.



2



11.

The Trust shall preserve copies of the Plan and any related agreements made by the Trust and all reports made pursuant to Section 6, for a period of not less than six years from the date of the Plan, the first two years in an easily accessible place.


12.

Consistent with the limitation of shareholder, officer and Trustee liability as set forth in the Trust’s governing documents, any obligations assumed by the Fund with respect to the Class pursuant to the Plan shall be limited in all cases to the assets of such Class and no person shall seek satisfaction thereof from the shareholders of other classes of the Fund or officers or Trustees of the Trust or any other class or series of the Trust.


13.

When used in the Plan, the term “service fees” shall have the same meaning as such term has in subsections (b) and (d) of Rule 2830 of the NASD Conduct Rules.  When used in the Plan, the term “vote of a majority of the outstanding voting securities of the Class” shall mean the vote of the lesser of (a) 67 per centum or more of the Class shares of the Fund present or represented by proxy at the meeting if the holders of more than 50 per centum of the outstanding Class shares of the Fund are present or represented by proxy at the meeting, or (b) more than 50 per centum of the outstanding Class shares of the Fund.


14.

If any provision of the Plan shall be held or made invalid by a court decision, statute, rule or regulation of the Securities and Exchange Commission or otherwise, the remainder of the Plan shall not be affected thereby.


15.

The Plan shall be effective with respect to each Fund on May 1, 2013 and replaces and is substituted for any Prior Plan previously applicable to the Class.  For purposes of calculating the Fee Cap set forth under Section 2, the Principal Underwriter shall include payments made pursuant to the Prior Plans as provided therein.  




Adopted May 1, 2013



*            *             *



3




 

SCHEDULE A

 

 

 

 

 

 

 

 

 

 

 

 

 

Set forth below is a listing of: (i) all of the Trusts and other entities (together, "Trusts") that are a party to the Master Distribution Agreement with Eaton Vance Distributors, Inc. dated May 1, 2013, as may be amended (the "Agreement"); (ii) the Classes offered by each series of the Trusts ("Funds")(with "N/A" indicating that a Fund does not offer a particular Class of shares); (iii) the fees payable by a Fund per annum (as a percentage of the average daily net assets attributable to the Class) pursuant to the Distribution Plan or Service Plan adopted by the Class ("Fees"); and (iv) in the case of a Fund offering Class B and/or Class C shares that are subject to a Fee Cap (as defined in the Agreement), the amount of such Fee Cap.(a)  Where applicable, the distribution fee and service fee payable under a Distribution Plan are listed as "distribution fee/service fee."  Distribution fees and service fees are accrued daily and payable monthly.  This Schedule A shall be appended to and be a part of the Master Distribution Agreement and, with respect to each Class of shares that has adopted a Master Distribution Plan, the information herein with respect to such Class shall constitute the Schedule A for such Plan.

 

 

 

Trust and Funds

Classes(b)

 

 

A(c)

Advisers(c)

Investor(c)

B

C

R(1)

I

Institutional

 

Eaton Vance Growth Trust

Fees

Fees

Fees

Fees

Fee Cap(d)

Fees

Fee Cap(d)

Fees

Fees

Fees

 

Eaton Vance Asian Small Companies Fund

0.30

N/A

N/A

0.75/0.25

5.00

N/A

N/A

N/A

N/A

N/A

 

Eaton Vance Atlanta Capital Focused Growth Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Atlanta Capital Select Equity Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Atlanta Capital SMID-Cap Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Focused Growth Opportunities Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Focused Value Opportunities Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Global Natural Resources Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Greater China Growth Fund

0.30

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Hexavest Emerging Markets Equity Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Hexavest Global Equity Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Hexavest International Equity Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Hexavest U.S. Equity Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Multi-Cap Growth Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Richard Bernstein All Asset Strategy Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Richard Bernstein Equity Strategy Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Worldwide Health Sciences Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

0.50/0.25

None

N/A



1 of 5



 

Trust and Funds

Classes(b)

 

 

A(c)

Advisers(c)

Investor(c)

B

C

R(1)

I

Institutional

 

Eaton Vance Investment Trust(2)

Fees

Fees

Fees

Fees

Fee Cap(d)

Fees

Fee Cap(d)

Fees

Fees

Fees

 

Eaton Vance AMT-Free Limited Maturity Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Massachusetts Limited Maturity Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance National Limited Maturity Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

3.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance New York Limited Maturity Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

3.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Pennsylvania Limited Maturity Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Municipals Trust(3)

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Alabama Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Arizona Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Arkansas Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance California Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Connecticut Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Georgia Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Kentucky Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Maryland Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Massachusetts Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Minnesota Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Missouri Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Municipal Opportunities Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance National Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance New Jersey Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance New York Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance North Carolina Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Ohio Municipal Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Oregon Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Pennsylvania Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance South Carolina Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tennessee Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Virginia Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A



2 of 5



 

Trust and Funds

Classes(b)

 

 

A(c)

Advisers(c)

Investor(c)

B

C

R(1)

I

Institutional

 

Eaton Vance Municipals Trust II (3)

Fees

Fees

Fees

Fees

Fee Cap(d)

Fees

Fee Cap(d)

Fees

Fees

Fees

 

Eaton Vance High Yield Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tax-Advantaged Bond Strategies Intermediate Term Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Tax-Advantaged Bond Strategies Long Term Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Tax-Advantaged Bond Strategies Short Term Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Mutual Funds Trust

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance AMT-Free Municipal Income Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Atlanta Capital Horizon Growth Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Build America Bond Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Diversified Currency Income Fund

0.30

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Emerging Markets Local Income Fund

0.30

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Floating-Rate Advantage Fund

0.25

0.25

N/A

0.40/.0.20

FINRA

0.60/0.15

FINRA

N/A

None

N/A

 

Eaton Vance Floating-Rate Fund

0.25

0.25

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Floating-Rate & High Income Fund

0.25

0.25

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Global Dividend Income Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Global Macro Absolute Return Advantage Fund

0.30

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

0.50/0.25

None

N/A

 

Eaton Vance Global Macro Absolute Return Fund

0.30

N/A

N/A

N/A

N/A

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Government Obligations Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance High Income Opportunities Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Large-Cap Core Research Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Low Duration Government Income Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.60/0.25

6.25

N/A

None

N/A

 

Eaton Vance Multi-Strategy Absolute Return Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Multi-Strategy All Market Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Strategic Income Fund

0.25

N/A

N/A

0.75/0.25

4.50

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Tax-Managed Equity Asset Allocation Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

N/A

N/A

 

Eaton Vance Tax-Managed Global Dividend Income Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tax-Managed Growth Fund 1.1 (4)

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tax-Managed Growth Fund 1.2

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A



3 of 5



 

Trust and Funds

Classes(b)

 

 

A(c)

Advisers(c)

Investor(c)

B

C

R(1)

I

Institutional

 

Eaton Vance Mutual Funds Trust (continued)

Fees

Fees

Fees

Fees

Fee Cap(d)

Fees

Fee Cap(d)

Fees

Fees

Fees

 

Eaton Vance Tax-Managed Multi-Cap Growth Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

N/A

N/A

 

Eaton Vance Tax-Managed Small-Cap Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tax-Managed Small-Cap Value Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Tax-Managed Value Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance U.S. Government Money Market Fund (5)

None

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

N/A

N/A

 

Parametric Commodity Strategy Fund

N/A

N/A

0.25

N/A

N/A

N/A

N/A

N/A

N/A

None

 

Parametric Currency Fund

N/A

N/A

0.25

N/A

N/A

N/A

N/A

N/A

N/A

None

 

Parametric Emerging Markets Fund

N/A

N/A

0.25

N/A

N/A

0.75/0.25

6.25

N/A

N/A

None

 

Parametric Global Small-Cap Fund

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

 

Parametric International Equity Fund

N/A

N/A

0.25

N/A

N/A

N/A

N/A

N/A

N/A

None

 

Parametric Market Neutral Fund

N/A

N/A

0.25

N/A

N/A

N/A

N/A

N/A

N/A

None

 

Parametric Tax-Managed International Equity Fund

N/A

N/A

0.25

N/A

N/A

0.75/0.25

6.25

N/A

N/A

None

 

 

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Series Fund, Inc.

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Institutional Emerging Markets Local Debt Fund(6)

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

 

 

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Series Trust II

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Income Fund of Boston

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Parametric Tax-Managed Emerging Markets Fund

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

 

 

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Special Investment Trust

 

 

 

 

 

 

 

 

 

 

 

Eaton Vance Balanced Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Bond Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Commodity Strategy Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Dividend Builder Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Greater India Fund

0.30

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Investment Grade Income Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Large-Cap Growth Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Large-Cap Value Fund

0.25

N/A

N/A

0.75/0.25

5.00

0.75/0.25

6.25

0.50/0.25

None

N/A



4 of 5



 

Trust and Funds

Classes(b)

 

 

A(c)

Advisers(c)

Investor(c)

B

C

R(1)

I

Institutional

 

Eaton Vance Special Investment Trust (continued)

Fees

Fees

Fees

Fees

Fee Cap(d)

Fees

Fee Cap(d)

Fees

Fees

Fees

 

Eaton Vance Real Estate Fund

0.25

N/A

N/A

N/A

N/A

N/A

N/A

N/A

None

N/A

 

Eaton Vance Risk-Managed Equity Option Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Short Term Real Return Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

FINRA

N/A

None

N/A

 

Eaton Vance Small-Cap Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

0.50/0.25

None

N/A

 

Eaton Vance Small-Cap Value Fund

0.25

N/A

N/A

0.75/0.25

6.25

0.75/0.25

6.25

N/A

None

N/A

 

Eaton Vance Special Equities Fund

0.25

N/A

N/A

N/A

N/A

0.75/0.25

6.25

N/A

None

N/A

 

Parametric Absolute Return Fund

N/A

N/A

0.25

N/A

N/A

N/A

N/A

N/A

N/A

None

 

 

 

 

 

 

 

 

 

 

 

 

FOOTNOTES:

 

 

 

 

 

 

 

 

 

 

(a)

Compliance with the Fee Cap shall be determined in accordance with NASD Conduct Rule 2830(d).  

(b)

Distribution or Service Plans have not been adopted for Class I and Institutional shares and such Classes do not pay Fees.

(c)

Pursuant to the Master Distribution Plan for Class A, Advisers Class and Investor Class Shares, fees payable pursuant to such Plan are referred to as "distribution and service fees".

(d)

If the Fee Cap is listed as "FINRA", then the Fund is subject to the maximum amount permitted under NASD Conduct Rule 2830(d), which is 6.25% as of the date hereof.

(1)

The Master Distribution Plan for Class R Shares authorizes distribution and service fee payments of up to 0.75% annually.  The Board of Trustees has authorized distribution and service fees equal to 0.55% annually.

(2)

The Master Distribution Plans for Class A, Advisers Class and Investor Class Shares, Class B Shares and Class C Shares (as applicable) authorize distribution and service fees of up to 0.25% annually.  The Board of Trustees has authorized distribution and service fees of 0.15% annually.

(3)

The Master Distribution Plans for Class A, Advisers Class and Investor Class Shares, Class B Shares and Class C Shares (as applicable) authorize service fees (or in the case of Class A shares, distribution and service fees) of up to 0.25% annually.  In the case of each Fund (except the Eaton Vance Municipal Opportunities Fund, Eaton Vance National, High Yield and California Municipal Income Funds and the Eaton Vance Tax-Advantaged Bond Strategies Intermediate, Long and Short Term Funds), the Board of Trustees has authorized the payment of such fees in the amount of 0.20% annually.

(4)

The Fund also has Class S shares outstanding.  The Class S service plan authorizes service fees of up to 0.25% annually.  The Fund’s Board of Trustees has authorized the payment of service fees equal to 0.20%.  Currently, the Fund pays service fees of up to 0.10% annually.  

(5)

The Master Distribution Plans for Class B Shares and Class C Shares of Eaton Vance U.S. Government Money Market Fund authorize distribution fees of 0.75% and service fees of up to 0.25%.  The Fund’s Board of Trustees has authorized the payment of service fees for Class B and Class C equal to 0.15% annually.

(6)

This Fund offers only one class of shares (which does not have a designation).  Although a Maryland corporation, Eaton Vance Series Fund, Inc. (the "Corporation") is referred to herein as "Trust" for convenience.  References in the Agreement to Trustees are deemed to refer to the Directors of the Corporation.  

 

 

 

 

 

 

 

 

 

 

 

 

Dated: May 1, 2013

 

 

 

 

 

 

 

 

 

 




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