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Stock impact report

Eaton Vance High Income 2021 Target Term Trust Announces Change To Investment Policies

Eaton Vance 2021 Target Term Trust Common Shares of Beneficial Interest (EHT) 
Company Research Source: PR Newswire
BOSTON, April 8, 2020 /PRNewswire/ -- The Board of Trustees of Eaton Vance High Income 2021 Target Term Trust (NYSE: EHT) (the Trust) has approved a change to the Trust's investment policies effective immediately. The Trust's investment objectives are high current income and to return $9.85 per share (the original net asset value per common share of beneficial interest (Common Share) before deducting offering costs of $0.02 per Common Share (Original NAV) to Common Shareholders on or about July 1, 2021.  The objective to return the Trust's Original NAV is not an express or implied guarantee obligation of the Trust or any other entity.The Trust seeks to achieve its investment objectives by investing, under normal circumstances, at least 80% of its managed assets in corporate debt obligations and separately, at least 80% of its managed assets in corporate debt obligations that, at the time of investment, are rated below investment grade (BB+ or lower) or are unrated but deemed equivalen Show less Read more
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