497 1 f021216bondfundiiliquidation.htm SIT BOND FUND II 497 SUPP DTD 2-12-2016 Converted by EDGARwiz

EATON VANCE BOND FUND II

Supplement to Prospectus dated November 3, 2014 and

Summary Prospectus dated November 3, 2014


The Board of Trustees of Eaton Vance Special Investment Trust, on behalf of its series Eaton Vance Bond Fund II (the Fund), has approved the liquidation of the Fund, which is expected to take place on or about April 21, 2016 (the Liquidation Date).  On March 15, 2016, the Fund will discontinue all sales of its shares, except shares purchased by: (1) existing shareholders (including shares acquired through the reinvestment of dividends and distributions); (2) employer sponsored retirement plans; or (3) fee-based programs (a) sponsored by financial intermediaries and (b) that have selected the Fund prior to the close of business on March 15, 2016.  Effective April 14, 2016, shares of the Fund will no longer be available for purchase or exchange.


IMPORTANT INFORMATION FOR FUND SHARES HELD THROUGH A QUALIFIED ACCOUNT MAINTAINED DIRECTLY WITH THE FUND.

Fund Shares owned in 401k, Pension and Profit Sharing Plan accounts.  If you are invested in the Fund through a 401k, Pension and Profit Sharing Plan, and the Fund does not receive directions from you or the plans trustee, the Fund will send a liquidating distribution to the trustee in the trustees name.

Fund Shares owned in Traditional IRA, Roth IRA, SIMPLE, SEP and 403 Plan accounts.  Unless a shareholder provides instructions otherwise, Fund shares held on the Liquidation Date will be exchanged for shares of Eaton Vance Short Duration Government Income Fund to avoid tax penalties that may be imposed if Fund shares were redeemed in cash.  Eaton Vance Short Duration Government Income Fund has a different objective, principal strategies and principal risks than the Fund.  Please review Eaton Vance Short Duration Government Income Funds prospectus carefully before investing in the Fund.  You can find Eaton Vance Short Duration Government Income Funds prospectus online at www.eatonvance.com.  You can also get the prospectus at no cost by calling 1-800-262-1122.  

If you do not wish to be invested in Eaton Vance Short Duration Government Income Fund, you must contact the Fund at 1-800-262-1122 before April 14, 2016.  Otherwise, you will be invested in the corresponding class of Eaton Vance Short Duration Government Income Fund (example, Class A shares of the Fund will be exchanged into Class A shares of Eaton Vance Short Duration Government Income Fund) in order to avoid tax penalties that may be imposed on you by the Internal Revenue Code.  If we do not hear from you with directions before April 14, 2016, you will have been deemed to have directed the investment into Eaton Vance Short Duration Government Income Fund and consented to the fees.  

IMPORTANT INFORMATION FOR FUND SHARES HELD THROUGH A QUALIFIED ACCOUNT MAINTAINED BY A FINANICAL INTERMEDIARY.

If you own Fund shares in an accounts maintained by a financial intermediary, please contact that financial intermediary if you have questions about the liquidation of the Fund.  If you are invested in a qualified account (example, IRA), you must work with the financial intermediary to direct your investment in order to avoid possible tax penalties.


February 12, 2016

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