Eaton Vance Michigan Municipal Bond Fund (the Fund) is a closed-end fund. The Fund�s investment objective is to provide current income exempt from regular federal income tax, including income tax, and Michigan state and city income taxes and the net income tax portion of the Michigan business tax. The Fund invests at least 80% of net assets in municipal obligations rated A or better by Moody�s, S&P or Fitch. The Fund invests in insured escrowed, insured general obligation, insured education, insured water & sewer and insured public power. The investment advisor of the Fund is Eaton Vance Management.