Effective December 6, 2012, Eric A. Stein will join the portfolio management team of Eaton Vance Limited Duration Income Fund and Eaton Vance Short Duration Diversified Income Fund. Mr. Stein is a Vice President of Eaton Vance Management, the investment adviser to each Fund, and also co-manages other Eaton Vance portfolios. Mr. Stein is replacing Mark S. Venezia, who plans to retire from Eaton Vance on or about year end.