# EDGAR Filing Document

**Accession Number:** 0001300391
**File Stem:** 0000940394-23-000081
**Filing Date:** 2023-1
**Character Count:** 8054
**Document Hash:** 4ba2140dbdcdf862b1aec4b5d1899607
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940394-23-000081.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0000940394-23-000081

**CONFORMED SUBMISSION TYPE**: 424B3

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Enhanced Equity Income Fund
- **CENTRAL INDEX KEY:** 0001300391
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** 424B3
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-262265
- **FILM NUMBER:** 23559793

**BUSINESS ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** TWO INTERNATIONAL PLACE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

![Eaton Vance Logo - NEW](eoiprosupp_001.jpg)

**Filed pursuant to Rule 424(b)(3)<br> File No. 333-2262265**

**EATON VANCE ENHANCED EQUITY INCOME FUND<br> Supplement to Prospectus dated January 20, 2022**

**The following replaces the Financial Highlights contained in the Prospectus:**

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, |
| | 2022 | 2021 | 2020 | 2019 | 2018 |
| Net asset value – Beginning of year | &nbsp;&nbsp;$18.180 | &nbsp;&nbsp;$15.680 | &nbsp;&nbsp;$15.060 | &nbsp;&nbsp;$15.880 | &nbsp;&nbsp;$14.470 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.072 | &nbsp;&nbsp;$0.074 | &nbsp;&nbsp;$0.127 | &nbsp;&nbsp;$0.102 | &nbsp;&nbsp;$0.091 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp; (2.585) | &nbsp;&nbsp; 3.543 | &nbsp;&nbsp; 1.571 | &nbsp;&nbsp; 0.145 | &nbsp;&nbsp; 2.356 |
| Total income (loss) from operations | &nbsp;&nbsp;$(2.513) | &nbsp;&nbsp;$3.617 | &nbsp;&nbsp;$1.698 | &nbsp;&nbsp;$0.247 | &nbsp;&nbsp;$2.447 |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.070) | &nbsp;&nbsp;$(0.075) | &nbsp;&nbsp;$(0.129) | &nbsp;&nbsp;$(0.100) | &nbsp;&nbsp;$(0.089) |
| From net realized gain | &nbsp;&nbsp; (1.244) | &nbsp;&nbsp; (1.008) | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.967) | &nbsp;&nbsp; (0.848) |
| Tax return of capital | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.034) | &nbsp;&nbsp; (0.949) | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.100) |
| Total distributions | &nbsp;&nbsp;$(1.314) | &nbsp;&nbsp;$(1.117) | &nbsp;&nbsp;$(1.078) | &nbsp;&nbsp;$(1.067) | &nbsp;&nbsp;$(1.037) |
| Premium from common shares sold through shelf offering<sup>(1)</sup> | &nbsp;&nbsp;$0.007 | &nbsp;&nbsp;$0.000<sup>(2)</sup> | &nbsp;&nbsp;$0.000<sup>(2)</sup> | &nbsp;&nbsp;$0.000<sup>(2)</sup> | &nbsp;&nbsp;$— |
| Net asset value – End of year | &nbsp;&nbsp;$14.360 | &nbsp;&nbsp;$18.180 | &nbsp;&nbsp;$15.680 | &nbsp;&nbsp;$15.060 | &nbsp;&nbsp;$15.880 |
| Market value – End of year | &nbsp;&nbsp;$14.100 | &nbsp;&nbsp;$17.900 | &nbsp;&nbsp;$14.640 | &nbsp;&nbsp;$15.140 | &nbsp;&nbsp;$16.010 |
| Total Investment Return on Net Asset Value<sup>(3)</sup> | &nbsp;&nbsp; (14.72)% | &nbsp;&nbsp; 23.70% | &nbsp;&nbsp; 12.08% | &nbsp;&nbsp; 2.11% | &nbsp;&nbsp; 17.69% |
| Total Investment Return on Market Value<sup>(3)</sup> | &nbsp;&nbsp; (14.95)% | &nbsp;&nbsp; 30.45% | &nbsp;&nbsp; 4.09% | &nbsp;&nbsp; 1.81% | &nbsp;&nbsp; 22.46% |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$576104 | &nbsp;&nbsp;$715498 | &nbsp;&nbsp;$616526 | &nbsp;&nbsp;$591013 | &nbsp;&nbsp;$622888 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses | &nbsp;&nbsp;1.10%<sup>(4)</sup> | &nbsp;&nbsp;1.10% | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.11% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;0.41% | &nbsp;&nbsp;0.42% | &nbsp;&nbsp;0.84% | &nbsp;&nbsp;0.69% | &nbsp;&nbsp;0.60% |
| Portfolio Turnover | &nbsp;&nbsp;50% | &nbsp;&nbsp;35% | &nbsp;&nbsp;41% | &nbsp;&nbsp;55% | &nbsp;&nbsp;46% |

---

<sup>(See related footnotes.)</sup>

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, | &nbsp;&nbsp;Year Ended September 30, |
| | 2017 | 2016 | 2015 | 2014 | 2013 |
| Net asset value – Beginning of year | &nbsp;&nbsp;$13.570 | &nbsp;&nbsp;$13.400 | &nbsp;&nbsp;$14.600 | &nbsp;&nbsp;$13.380 | &nbsp;&nbsp;$12.650 |
| Income (Loss) From Operations |  |  |  |  |  |
| Net investment income<sup>(1)</sup> | &nbsp;&nbsp;$0.113 | &nbsp;&nbsp;$0.136 | &nbsp;&nbsp;$0.233 | &nbsp;&nbsp;$0.082 | &nbsp;&nbsp;$0.119 |
| Net realized and unrealized gain (loss) | &nbsp;&nbsp; 1.824 | &nbsp;&nbsp; 1.071 | &nbsp;&nbsp; (0.396) | &nbsp;&nbsp; 2.174 | &nbsp;&nbsp; 1.623 |
| Total income (loss) from operations | &nbsp;&nbsp;$1.937 | &nbsp;&nbsp;$1.207 | &nbsp;&nbsp;$(0.163) | &nbsp;&nbsp;$2.256 | &nbsp;&nbsp;$1.742 |
| Less Distributions |  |  |  |  |  |
| From net investment income | &nbsp;&nbsp;$(0.103) | &nbsp;&nbsp;$(0.111) | &nbsp;&nbsp;$(0.235) | &nbsp;&nbsp;$(0.514) | &nbsp;&nbsp;$(0.274) |
| From net realized gain | &nbsp;&nbsp; (0.123) | &nbsp;&nbsp; — | &nbsp;&nbsp; (0.624) | &nbsp;&nbsp; (0.276) | &nbsp;&nbsp; (0.763) |
| Tax return of capital | &nbsp;&nbsp; (0.811) | &nbsp;&nbsp; (0.926) | &nbsp;&nbsp; (0.178) | &nbsp;&nbsp; (0.247) | &nbsp;&nbsp; — |
| Total distributions | &nbsp;&nbsp;$(1.037) | &nbsp;&nbsp;$(1.037) | &nbsp;&nbsp;$(1.037) | &nbsp;&nbsp;$(1.037) | &nbsp;&nbsp;$(1.037) |
| Anti-dilutive effect of share repurchase program<sup>(1)</sup> | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$— | &nbsp;&nbsp;$0.001 | &nbsp;&nbsp;$0.025 |
| Net asset value – End of year | &nbsp;&nbsp;$14.470 | &nbsp;&nbsp;$13.570 | &nbsp;&nbsp;$13.400 | &nbsp;&nbsp;$14.600 | &nbsp;&nbsp;$13.380 |
| Market value – End of year | &nbsp;&nbsp;$14.020 | &nbsp;&nbsp;$12.650 | &nbsp;&nbsp;$11.890 | &nbsp;&nbsp;$13.720 | &nbsp;&nbsp;$12.060 |
| Total Investment Return on Net Asset Value<sup>(3)</sup> | &nbsp;&nbsp; 15.36% | &nbsp;&nbsp; 9.74% | &nbsp;&nbsp; (0.86)% | &nbsp;&nbsp; 17.98% | &nbsp;&nbsp; 15.66% |
| Total Investment Return on Market Value<sup>(3)</sup> | &nbsp;&nbsp; 19.89% | &nbsp;&nbsp; 15.29% | &nbsp;&nbsp; (6.39)% | &nbsp;&nbsp; 23.00% | &nbsp;&nbsp; 19.02% |
| Ratios/Supplemental Data |  |  |  |  |  |
| Net assets, end of year (000's omitted) | &nbsp;&nbsp;$566770 | &nbsp;&nbsp;$531745 | &nbsp;&nbsp;$525002 | &nbsp;&nbsp;$571861 | &nbsp;&nbsp;$524593 |
| Ratios (as a percentage of average daily net assets): |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Expenses<sup>(5)</sup> | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.12% | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.11% | &nbsp;&nbsp;1.14% |
| &nbsp;&nbsp;&nbsp;&nbsp;Net investment income | &nbsp;&nbsp;0.81% | &nbsp;&nbsp;1.00% | &nbsp;&nbsp;1.59% | &nbsp;&nbsp;0.57% | &nbsp;&nbsp;0.92% |
| Portfolio Turnover | 76% | &nbsp;&nbsp;82% | &nbsp;&nbsp;72% | &nbsp;&nbsp;68% | &nbsp;&nbsp;143% |

---

<sup>(1)</sup> Computed using average shares outstanding.

<sup>(2)</sup> Amount is less than $0.0005.

<sup>(3)</sup> Returns are historical and are calculated by determining the percentage change in net asset value or market value with all distributions reinvested. Distributions are assumed to be reinvested at prices obtained under the Fund's dividend reinvestment plan.

<sup>(4)</sup> Includes a reduction by the investment adviser of a portion of its adviser fee due to the Fund's investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended September 30, 2022).

<sup>(5)</sup> Excludes the effect of custody fee credits, if any, of less than 0.005%. Effective September 1, 2015, custody fee credits, which were earned on cash deposit balances, were discontinued by the custodian.

January 27, 2023