EVN is a municipal income trust mutual fund offered by Eaton Vance. This fund primarily invests in municipal bonds, which are issued by state and local governments to fund public projects. The goal of this fund is to provide investors with a steady stream of tax-free income while also preserving their capital. It may also offer potential tax benefits for investors in higher tax brackets. With a focus on municipal bonds, EVN offers a relatively low-risk investment option for those seeking income and tax advantages.