497 1 itmieps.htm EATON VANCE MUTUAL FUNDS TRUST PROSPECTUS SUPPLEMENT DTD 11-13-08 itmieps.htm -- Converted by SEC Publisher, created by BCL Technologies Inc., for SEC Filing

EATON VANCE TAX-MANAGED INTERNATIONAL EQUITY FUND
Class I Shares
Supplement to Prospectus dated September 1, 2008

  The following replaces "Shareholder Fees" and "Fund Fees and Expenses" in "Fund Summary":

Fund Fees and Expenses. These tables describe the fees and expenses that you may pay if you buy and hold shares

.                
    Shareholder Fees                 Annual Fund Operating Expenses    
    (fees paid directly from your investment)                 (expenses that are deducted from Fund and Portfolio assets)    
    Maximum Sales Charge (Load) (as a percentage of offering price)   None             Management Fees             1.00%
   

Maximum Deferred Sales Charge (Load) (as a percentage of the lower of net asset 

           
    value at time of purchase or time of redemption)   None        
    Maximum Sales Charge (Load) Imposed on Reinvested Distributions   None             Other Expenses             0.32%
    Redemption Fee (as a percentage of exchange price or amount redeemed)(1)   1.00%             Total Annual Fund Operating Expenses             1.32%
    Exchange Fee (as a percentage of exchange price or amount redeemed)(1)   1.00%        

 

(1)

  Class I shares redeemed or exchanged within 90 days of the settlement of purchase.            

November 13, 2008    I-TMIEPS