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Eaton
Vance High Income 2021 Target Term Trust
Eaton
Vance National Municipal Opportunities Trust
(Name of
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Investor Contact: (800) 262-1122
FOR IMMEDIATE RELEASE
Certain Eaton Vance Closed-End Funds Announce
Telephonic Annual Meeting
Of Shareholders On January 14, 2021
BOSTON, MA, December 30, 2020 — The following notice
relates to the combined Annual Meeting of Shareholders of Eaton Vance High Income 2021 Target Term Trust and Eaton Vance National
Municipal Opportunities Trust:
Notice That Annual Meeting Of Shareholders
Will Be A Telephonic Meeting
Due to the public health impact of the coronavirus pandemic
(COVID-19), travel guidelines in Massachusetts and surrounding areas, and to support the health and well-being of our shareholders,
NOTICE IS HEREBY GIVEN that the combined Annual Meeting of Shareholders of Eaton Vance Eaton Vance High Income 2021 Target Term
Trust and Eaton Vance National Municipal Opportunities Trust (each, a “Fund” and together, the “Funds”)
to be held on Thursday, January 14, 2021 at 11:30 a.m. Eastern Time (the “Meeting”) will be held in a telephonic
format. Shareholders will not be able to attend the Meeting in person.
If you were a record holder of Fund shares as of November
12, 2020 (i.e., you held Fund shares in your own name directly with the Fund), you are entitled to notice of and to vote
at the Meeting or any postponement or adjournment thereof. To participate in the Meeting, please email AST Fund Solutions, LLC
(“AST”) at attendameeting@astfinancial.com, provide your full name and address and include the relevant Fund name(s)
in the subject line. AST will then email you the conference call dial-in information and instructions for voting during the Meeting.
If you held Fund shares through an intermediary (such
as a broker-dealer) as of November 12, 2020, in order to participate in and vote during the Meeting, you must first obtain a legal
proxy from your intermediary reflecting the relevant Fund name(s), the number of Fund shares you held, as well as your name and
email address. You may forward an email from your intermediary containing the legal proxy or attach an image of the legal proxy,
email it to AST at attendameeting@astfinancial.com and put “Legal Proxy” in the subject line. Requests for registration
must be received by AST no later than 3:00 p.m. Eastern Time on January 13, 2021. AST will then email you the conference call dial-in
information and instructions for voting during the Meeting.
The Funds and each Fund’s Board of Trustees are closely
monitoring the evolving COVID-19 situation and if circumstances change, the Funds will issue additional press release(s) updating
shareholders regarding the Meeting. Whether or not you plan to participate in the Meeting, we urge you to vote and submit your
proxy in advance of the Meeting by one of the methods described in the proxy materials and to vote for the Trustees nominated for
election at the Meeting. The proxy statement is available online at https://funds.eatonvance.com/closed-end-fund-and-term-trust-documents.php.
The proxy card included with the previously distributed proxy materials will not be updated to reflect the change to a telephonic
meeting and may continue to be used to vote your shares in connection with the Meeting. Please contact AST at attendameeting@astfinancial.com
with any questions regarding accessing the Meeting and an AST representative will contact you to answer your questions.
By Order of the Boards of Trustees,
/s/ Maureen A. Gemma
Maureen A. Gemma
Secretary
About Eaton Vance Corp.
The Fund’s investment adviser is Eaton Vance Management,
a subsidiary of Eaton Vance Corp. Eaton Vance Corp. (NYSE: EV) provides advanced investment strategies and wealth management solutions
to forward-thinking investors around the world. Through principal investment affiliates Eaton Vance Management, Parametric, Atlanta
Capital, Calvert and Hexavest, the Company offers a diversity of investment approaches, encompassing bottom-up and top-down fundamental
active management, responsible investing, systematic investing and customized implementation of client-specified portfolio exposures.
As of October 31, 2020, Eaton Vance had consolidated assets under management of $515.7 billion. For more information, visit eatonvance.com.
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