Exhibit (v)
JOINT FIDELITY BOND AGREEMENT
THIS AGREEMENT is made as of September 1, 2013,
by and among certain registered investment companies (the “Funds”) managed and/or administered by Eaton Vance Management (“EVM”)
or Boston Management and Research (“BMR”), each listed on Appendix A, as amended from time to time; and certain other non-Fund
entities affiliated with EVM and/or BMR (collectively the “EV Parties”), each listed on Appendix A, as amended from time to
time; all of which are named insureds (the “Insureds”) under a joint insured fidelity bond (the “Bond”) issued
by one or more insurance companies (the “Insurer”), which may from time to time be amended or replaced:
WHEREAS, EVM and BMR act as investment adviser,
manager and/or administrator of the Funds, and may from time to time hereafter act as investment adviser, manager or administrator of
other funds; and Eaton Vance Distributors, Inc. acts as principal underwriter or placement agent for certain of the Funds, and may from
time to time hereafter act as principal underwriter or placement agent for certain other funds; and
WHEREAS, each Fund has registered under the
Investment Company Act of 1940, as amended (the “1940 Act”), as a management investment company; and
WHEREAS, Rule 17g-1(f) under the 1940 Act requires
registered management investment companies named as an insured on a joint fidelity bond to enter into certain agreements with the other
named insureds; and
WHEREAS, the Insureds each will benefit from
its participation in the Bond; and
WHEREAS, the Insureds desire to establish the
criteria by which (i) the annual premium shall be allocated among the parties, (ii) parties may be added to the Bond, and (iii) losses
in excess of the face amount of the Bond shall be allocated among the parties:
NOW, THEREFORE, it is agreed as follows:
1. Allocation
of Premiums. The premium payable on the Bond shall be allocated between the Funds and the EV Parties in the manner approved by the
Board of Trustees of the Funds, including a majority of those Trustees who are not “interested persons” of the Funds as defined
by Section 2 (a) (19) of the Investment Company Act of 1940, as amended (the “1940 Act”) (the “Independent Trustees”).
The amount of premium allocated to the Funds shall then be allocated among the Funds in the manner approved by the Board of Trustees of
the Funds, including a majority of the Independent Trustees. The amount of premium payable by the EV Parties may be allocated among the
EV Parties as mutually agreed by them.
2. Additional
Parties to the Agreement. If the Insurer is willing without additional premium to add as an Insured under the Bond (i) any registered
investment company for which EVM or BMR hereafter is investment adviser, manager and/or administrator, or (ii) any non-Fund party which
qualifies as an insurable party pursuant to Rule 17g-1(b)(3) under the 1940 Act, the parties hereto agree that: (a) such addition may
be made, (b) any such registered investment company may become a party to this Agreement and be included within the term “Funds”,
and (c) that such affiliate or other party may become a party to this Agreement and be included within the term “EV Parties”;
provided that any party added during the term of the Agreement shall be bound by the terms of the Agreement.
3. Allocation
of Claim Proceeds. In the event that the claims of loss of two or more Insureds under the Bond exceed the face amount of the Bond
and are deemed to be a Single Loss as defined under the Bond, the following rules for determining, as among the claimants, the priority
of satisfaction of the claims under the Bond shall apply:
| A. | All claims of the Funds that have been duly proved and established under the Bond shall be satisfied in
full before satisfaction of any claims of any non-Fund Insured party. However, a Fund (“Investing Fund”) which invests substantially
all of its assets in one or more other Funds (“Portfolio”) in a master-feeder or fund-of-funds structure is not entitled to
recover on its claim to the extent that the Investing Fund’s actual covered loss is reduced by the satisfaction of a Portfolio’s
claim. |
| B. | If the claims of the Funds exceed the face amount of the Bond, the insurance shall be applied to those
claims in the following manner: |
(i) each
Fund shall receive an equitable and proportionate share of the insurance, but in no event less than the amount it would have received
had it provided and maintained a single bond with the minimum coverage required by paragraph (d)(1) of Rule 17g-1 under the 1940 Act (the
“minimum coverage”); and
(ii) any
remaining amount of recovery over the minimum coverage shall be applied to the unsatisfied claims of the Funds, in proportion to the relevant
Funds’ contributions toward the allocation of the premium paid for the Bond as determined in accordance with Paragraph 1 above.
C. If
after giving effect to Paragraph A there remains a portion of the insurance under the Bond available for the satisfaction of claims of
parties other than the Funds, such remainder shall be applied as EVM shall determine.
4. Limitations
of Liability. All parties hereto agree that any obligation assumed by a business or common law trust hereunder shall be limited to
the assets of the trust, and the trustees, shareholders and agents of the trust shall not be liable thereon.
5.
Effective Date. This Fidelity Bond Premium Sharing Agreement shall become effective as of September 1, 2013.
IN WITNESS WHEREOF, the parties
have hereunto caused this Agreement to be executed by their officers, Directors or Trustees hereunto duly authorized all as of the day
and year first above written.
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EATON VANCE MANAGEMENT (as agent for the Insureds listed on Schedule A) |
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By: |
/s/ Paul M. O’Neil |
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Name: |
Paul M. O’Neil |
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Title: |
Vice President |
Schedule A
Effective October 31, 2025
Eaton Vance Non-Funds
| · | Atlanta Capital Management Company, LLC |
| · | Boston Management and Research |
| · | Eaton Vance Advisers International Ltd. |
| · | Eaton Vance Distributors, Inc. |
| · | Eaton Vance Management (International) Limited |
| · | Eaton Vance Trust Company |
| · | Parametric Portfolio Associates, LLC |
Eaton Vance Growth Trust, a series fund consisting of:
| · | Eaton Vance All Asset Strategy Fund |
| · | Eaton Vance Atlanta Capital Focused Growth Fund |
| · | Eaton Vance Atlanta Capital Select Equity Fund |
| · | Eaton Vance Atlanta Capital SMID-Cap Fund |
| · | Eaton Vance China Equity Fund |
| · | Eaton Vance Equity Strategy Fund |
| · | Eaton Vance Focused Global Opportunities Fund |
| · | Eaton Vance Focused Growth Opportunities Fund |
| · | Eaton Vance Focused Value Opportunities Fund |
| · | Eaton Vance China Equity Fund |
| · | Eaton Vance Hexavest Global Equity Fund |
| · | Eaton Vance Hexavest International Equity Fund |
| · | Eaton Vance International Small-Cap Fund |
| · | Eaton Vance Worldwide Health Sciences Fund |
Eaton Vance Investment Trust, a series fund consisting of:
| · | Eaton Vance National Ultra-Short Municipal Income Fund |
| · | Eaton Vance National Limited Maturity Municipal Income Fund |
| · | Eaton Vance New York Municipal Opportunities Fund |
| · | Eaton Vance Short Duration Municipal Opportunities Fund |
Eaton Vance Municipals Trust, a series fund consisting of:
| · | Eaton Vance Arizona Municipal Income Fund |
| · | Eaton Vance California Municipal Opportunities Fund |
| · | Eaton Vance Connecticut Municipal Income Fund |
| · | Eaton Vance Georgia Municipal Income Fund |
| · | Eaton Vance Maryland Municipal Income Fund |
| · | Eaton Vance Massachusetts Municipal Income Fund |
| · | Eaton Vance Minnesota Municipal Income Fund |
| · | Eaton Vance Missouri Municipal Income Fund |
| · | Eaton Vance Municipal Opportunities Fund |
| · | Eaton Vance National Municipal Income Fund |
| · | Eaton Vance New Jersey Municipal Income Fund |
| · | Eaton Vance New York Municipal Income Fund |
| · | Eaton Vance North Carolina Municipal Income Fund |
| · | Eaton Vance Ohio Municipal Income Fund |
| · | Eaton Vance Oregon Municipal Income Fund |
| · | Eaton Vance Pennsylvania Municipal Income Fund |
| · | Eaton Vance South Carolina Municipal Income Fund |
| · | Eaton Vance Virginia Municipal Income Fund |
Eaton Vance Municipals Trust II, a series fund consisting of:
| · | Eaton Vance High Yield Municipal Income Fund |
| · | Parametric TABS Intermediate-Term Municipal Bond Fund |
| · | Parametric TABS Short-Term Municipal Bond Fund |
| · | Parametric TABS 5-to-15 Year Laddered Municipal Bond Fund |
| · | Parametric TABS 1-to-10 Year Laddered Municipal Bond Fund |
Eaton Vance Mutual Funds Trust, a series fund consisting of:
| · | Eaton Vance AMT-Free Municipal Income Fund |
| · | Eaton Vance Diversified Currency Income Fund (fka Eaton Vance Global Sovereign
Opportunities Fund) |
| · | Eaton Vance Emerging and Frontier Countries Equity Fund |
| · | Eaton Vance Emerging Markets Local Income Fund |
| · | Eaton Vance Floating-Rate Fund |
| · | Eaton Vance Floating-Rate Advantage Fund |
| · | Eaton Vance Floating-Rate & High Income Fund |
| · | Eaton Vance Global Equity Income Fund |
| · | Eaton Vance Global Income Builder Fund |
| · | Eaton Vance Global Macro Absolute Return Fund |
| · | Eaton Vance Global Macro Absolute Return Advantage Fund |
| · | Eaton Vance Government Opportunities Fund |
| · | Eaton Vance High Income Opportunities Fund |
| · | Eaton Vance Multi-Asset Credit Fund |
| · | Eaton Vance Short Duration Government Income Fund |
| · | Eaton Vance Short Duration High Income Fund |
| · | Eaton Vance Strategic Income Fund |
| · | Eaton Vance Tax-Managed Equity Asset Allocation Fund |
| · | Eaton Vance Tax Managed Growth Fund 1.1 |
| · | Eaton Vance Tax-Managed Growth Fund 1.2 |
| · | Eaton Vance Tax-Managed Multi-Cap Growth Fund |
| · | Eaton Vance Tax-Managed Small-Cap Fund |
| · | Eaton Vance Tax-Managed Value Fund |
| · | Eaton Vance Total Return Bond Fund |
| · | Parametric Commodity Strategy Fund |
| · | Parametric Emerging Markets Fund |
| · | Parametric International Equity Fund |
| · | Parametric Volatility Risk Premium - Defensive Fund |
Eaton Vance Series Fund, Inc., a series fund consisting of:
| · | Eaton Vance Emerging Markets Debt Opportunities Fund |
Eaton Vance Series Trust, a series fund consisting of:
| · | Eaton Vance Tax-Managed Growth Fund 1.0 |
Eaton Vance Series Trust II, a series fund consisting of:
| · | Eaton Vance Income Fund of Boston |
| · | Parametric Tax-Managed Emerging Markets Fund |
Eaton Vance Special Investment Trust, a series fund consisting of:
| · | Eaton Vance Balanced Fund |
| · | Eaton Vance Core Bond Fund |
| · | Eaton Vance Dividend Builder Fund |
| · | Eaton Vance Greater India Fund |
| · | Eaton Vance Large-Cap Value Fund |
| · | Eaton Vance Short Duration Inflation-Protected Income Fund |
| · | Eaton Vance Small-Cap Fund |
Eaton Vance Variable Trust, a series fund consisting of:
| · | Eaton Vance VT Floating-Rate Income Fund |
Eaton Vance California Municipal Bond Fund
Eaton Vance California Municipal Income Trust
Eaton Vance Enhanced Equity Income Fund
Eaton Vance Enhanced Equity Income Fund II
Eaton Vance Floating-Rate Income Trust
Eaton Vance Floating-Rate 2022 Target Term Trust
Eaton Vance Limited Duration Income Fund
Eaton Vance Municipal Bond Fund
Eaton Vance Municipal Income 2028 Term Trust
Eaton Vance Municipal Income Trust
Eaton Vance National Municipal Opportunities Trust
Eaton Vance New York Municipal Bond Fund
Eaton Vance Risk-Managed Diversified Equity Income Fund
Eaton Vance Senior Floating-Rate Trust
Eaton Vance Senior Income Trust
Eaton Vance Short Duration Diversified Income Fund
Eaton Vance Tax-Advantaged Dividend Income Fund
Eaton Vance Tax-Advantaged Global Dividend Income Fund
Eaton Vance Tax-Advantaged Global Dividend Opportunities Fund
Eaton Vance Tax-Managed Buy-Write Income Fund
Eaton Vance Tax-Managed Buy-Write Opportunities Fund
Eaton Vance Tax-Managed Diversified Equity Income Fund
Eaton Vance Tax-Managed Global Buy-Write Opportunities Fund
Eaton Vance Tax-Managed Global Diversified Equity Income Fund
Eaton Vance High Income 2022 Target Term Trust
Core Bond Portfolio
Emerging Markets Local Income Portfolio
Eaton Vance Floating Rate Portfolio
Global Macro Absolute Return Advantage Portfolio
Global Macro Capital Opportunities Portfolio
Global Macro Portfolio
Global Opportunities Portfolio
Greater India Portfolio
High Income Opportunities Portfolio
International Income Portfolio
Senior Debt Portfolio
Short Duration Inflation-Protected Income Portfolio
Stock Portfolio
Tax-Managed Growth Portfolio
Tax-Managed International Equity Portfolio
Tax-Managed Multi-Cap Growth Portfolio
Tax-Managed Small-Cap Portfolio
Tax-Managed Value Portfolio
PSC Commodity Subsidiary, Ltd.
Eaton Vance GMAP Commodity Subsidiary, Ltd.
Eaton Vance GMP Commodity Subsidiary, Ltd.
Eaton Vance GOP Commodity Subsidiary, Ltd.
Eaton Vance International (Cayman Islands) Floating Rate Income Portfolio
Eaton Vance International (Cayman Islands) Funds, Ltd., a series
fund consisting of:
| · | Eaton Vance International (Cayman Islands) Floating-Rate
Income Fund |
| · | Eaton Vance International (Cayman Islands) Strategic
Income Fund |
Eaton Vance International (Ireland) Funds plc, a series fund
consisting of:
| · | Eaton Vance International (Ireland) Emerging
Market Debt Fund |
| · | Eaton Vance International (Ireland) Frontier
Markets Local Debt Fund |
| · | Eaton Vance International (Ireland) Hexavest
All-Country Global Equity Fund |
| · | Eaton Vance International (Ireland) Hexavest
Global Equity Fund |
| · | Eaton Vance International (Ireland) Parametric
Global Defensive Equity Fund |