Eaton Vance Oregon Municipal Income Fund Class C

Eaton Vance Oregon Municipal Income Fund Class C is an actively managed, single‑state municipal bond mutual fund. Its primary objective is to deliver current income that is generally exempt from regular federal income tax and Oregon state personal income tax, focusing on the Oregon municipal market. The portfolio invests predominantly in investment‑grade and selectively in lower‑rated municipal securities across sectors that finance public projects such as transportation, education, utilities, and healthcare, with duration and maturity aligned to the intermediate segment typical of single‑state muni strategies. Managed by Eaton Vance’s experienced municipal team, the fund applies research‑driven credit selection and ongoing credit monitoring to manage risk and identify relative value within Oregon issuance. Within the broader municipal bond ecosystem, the fund serves investors seeking state‑specific tax efficiency and diversified exposure to Oregon’s revenue and general‑obligation issuers, while its Class C share structure provides access with level distribution fees rather than front‑end sales charges. By concentrating on a single state with an intermediate profile, it plays a specialized role in tax‑advantaged income and local infrastructure financing.