Eaton Vance Adds Kelley G. Baccei and Jeffrey D. Mueller to High-Yield Bond Fund Portfolio Management Teams

BOSTON, June 19, 2019 /PRNewswire/ -- Eaton Vance Management (EVM) and Eaton Vance Advisers International Ltd. (EVAIL), subsidiaries of Eaton Vance Corp. (NYSE: EV), announced today the addition of Kelley G. Baccei and Jeffrey D. Mueller to the portfolio management team of Eaton Vance Income Fund of Boston (Class A: EVIBX) and the addition of Mr. Mueller to the portfolio management team of Eaton Vance High Income Opportunities Fund (Class A: ETHIX), effective immediately.  The portfolio management team of both funds now consists of Michael W. Weilheimer, CFA, Stephen C. Concannon, CFA, Ms. Baccei and Mr. Mueller.   

"Kelley's new portfolio responsibilities reflect the depth of experience and demonstrated track record of delivering results she had brought to our high-yield franchise over many years," said Payson F. Swaffield, CFA, Chief Income Investment Officer, EVM. "Jeff's expanded portfolio responsibilities are a natural evolution of the leadership role he is assuming within our global high-yield organization."

Ms. Baccei is a vice president of EVM and portfolio manager on Eaton Vance's high-yield team.  Prior to joining EVM in 2005, Ms. Baccei was director of high-yield distressed research at Fieldstone Capital Group and director of fixed-income research at Scotia Capital Markets, Inc. Ms. Baccei earned a B.A. from Boston College and a certificate in credit analysis from New York University.  Ms. Baccei is based in Boston.

Mr. Mueller is a vice president of EVAIL and portfolio manager on Eaton Vance's high-yield team.  Prior to joining the Eaton Vance organization in 2015, he was affiliated with Threadneedle Investments, Centaurus Capital Limited and Amaranth Advisors, LLC. He holds a B.B.A. from the University of Wisconsin at Madison. In May 2019, Mr. Mueller and Mr. Concannon were appointed Co-Directors of High Yield Investments, effective January 1, 2020.  Mr. Mueller is based in London. 

Eaton Vance Corp. (NYSE: EV) provides advanced investment strategies and wealth management solutions to forward-thinking investors around the world. Through principal investment affiliates EVM, Parametric, Atlanta Capital, Hexavest and Calvert, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures. As of April 30, 2019, Eaton Vance had consolidated assets under management of $469.9 billion. Exemplary service, timely innovation and attractive returns across market cycles have been hallmarks of Eaton Vance since 1924. For more information, visit eatonvance.com.

The information contained herein is provided for informational purposes only and does not constitute a solicitation of an offer to buy or sell Fund shares. Income Fund of Boston and High Income Opportunities Fund are subject to numerous risks, including investment risks. Neither Fund is a complete investment program; investors may lose money investing therein.

Before investing, investors should consider carefully the investment objectives, risks, charges and expenses of a mutual fund. This and other important information is contained in the prospectus and summary prospectus for each Fund, which can be obtained from a financial advisor. Prospective investors should read the prospectus carefully before investing.

Mutual Funds distributed by Eaton Vance Distributors, Inc., Two International Place, Boston, MA 02110. Member FINRA/SIPC.

SOURCE Eaton Vance Management

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