# EDGAR Filing Document

**Accession Number:** 0000914529
**File Stem:** 0001076598-25-000225
**Filing Date:** 2025-6
**Character Count:** 4200
**Document Hash:** 9fe79539e173532bd164c0d35c9039d2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001076598-25-000225.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001076598-25-000225

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**EFFECTIVENESS DATE**: 20250613

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust II
- **CENTRAL INDEX KEY:** 0000914529

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-71320
- **FILM NUMBER:** 251044830

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST II
- **DATE OF NAME CHANGE:** 19931108

## Series and Classes Contracts Data

### Eaton Vance High Yield Municipal Income Fund (Series ID: S000004834)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000013069 | Eaton Vance High Yield Municipal Income Fund Class A | ETHYX           |
| C000013071 | Eaton Vance High Yield Municipal Income Fund Class C | ECHYX           |
| C000048637 | Eaton Vance High Yield Municipal Income Fund Class I | EIHYX           |
| C000231374 | Eaton Vance High Yield Municipal Income Fund Class W | EWHYX           |

**EATON VANCE HIGH YIELD MUNICIPAL INCOME FUND**

**EATON VANCE HIGH YIELD MUNICIPAL INCOME FUND – CLASS W**

**Supplement to Summary Prospectuses dated June 1, 2025**

**as may be supplemented and/or revised from time to time**

**Effective July 14, 2025, the following replaces the first paragraph under "Principal Investment Strategies":**

Under normal market circumstances, the Fund invests at least 80% of its net assets (plus any borrowings for investment purposes) in municipal obligations (including notes and tax-exempt commercial paper) issued by or on behalf of states, territories and possessions of the United States and the District of Columbia and their political subdivisions, agencies or instrumentalities, the interest on which is exempt from regular federal income tax (the "80% Policy"). The Fund may invest without limit in obligations the income from which is subject to the federal alternative minimum tax. The Fund will invest a majority of its net assets in "high yield" municipal obligations under normal market conditions. For this purpose, "high yield" municipal obligations are municipal obligations rated at the time of investment either Baa or lower by Moody's Investors Service, Inc. ("Moody's"), or BBB or lower by either S&P Global Ratings ("S&P") or Fitch Ratings ("Fitch") or, if unrated, determined by the investment adviser to be of comparable quality. "High yield" municipal obligations rated below investment grade are also known as "junk bonds." The Fund may invest in securities in any rating category, including those in default. For purposes of rating restrictions, if securities are rated differently by two or more rating agencies, the lowest rating will be used for any Fund rating restrictions. The Fund may also invest a portion of its assets in municipal obligations that are not paying current income in anticipation of possible future income. The Fund may invest up to 20% of its net assets in other debt obligations, including (but not limited to) taxable municipal obligations, U.S. Treasury securities and obligations of the U.S. Government, its agencies and instrumentalities. The Fund may purchase or sell derivative instruments (such as residual interest bonds, futures contracts and options thereon, interest rate swaps, total return swaps, credit derivatives and forward rate contracts) for hedging purposes, to seek total return or as a substitute for the purchase or sale of securities. Except as required by applicable regulation, there is no stated limit on the Fund's use of derivatives for such purposes.

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| | |
|:---|:---|
| **June 13, 2025** | **48631-00 6.13.25** |

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