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  • Updated

BOSTON, Dec. 31, 2021 /PRNewswire/ -- The Eaton Vance closed-end funds listed below released today the estimated sources of their December distributions (each a "Fund").  This press release is issued as required by the Funds' managed distribution plan (Plan) and an exemptive order received from the U.S. Securities and Exchange Commission.  The Board of Trustees has approved the implementation of the Plan to make monthly, as noted below, cash distributions to common shareholders, stated in terms of a fixed amount per common share. This information is sent to you for informational purposes only and is an estimate of the sources of the December distribution.  It is not determinative of the tax character of a Fund's distributions for the 2021 calendar year. Shareholders should note that each Fund's total regular distribution amount is subject to change as a result of market conditions or other factors.

  • Updated

BOSTON, Dec. 8, 2021 /PRNewswire/ -- Millennials are spending the highest percentage of their monthly income on homeownership costs compared to other generations and are at the greatest risk of becoming house-rich and cash-poor, according to a new report by home equity investment provider Hometap. With real estate values remaining high nationwide, millennials are also the least likely to know how much equity they have in their homes or how to calculate it.