Please join us for a

Capitol Hill Update: Debt Reduction and Job Plan Debates

September 19, 2011 4:00 p.m. EST Participant Dial-in Number Toll-Free Dial-in: 888-677-0859 Participant Passcode: EATON VANCE We are pleased to invite you to join us to hear the insights of Andrew Friedman, one of the nations most sought-after speakers on U.S. political and legislative developments. While U.S. monetary policy has been very accommodating to economic growth, fiscal stimulus has been less robust as partisan bickering has derailed any compromise on budget-deficit and debt-reduction plans. Mr. Friedman will discuss his opinions on the likely outcome of the congressional super committees deliberations, President Obamas recently unveiled jobs plan and other fiscal policy issues confronting investors.

Capitol Hill Update: Debt Reduction and Job Plan Debates

SpeciAl GueSt SpeAker

Andrew H. Friedman According to CNBC, Andy Friedman is one of the nations most sought-after speakers on all things political. An expert on political affairs, Andy is known for predicting the outcomes of Washington tax and fiscal deliberations and providing investors with strategies to consider in light of the changing political landscape. Andy was a senior partner with the law firm of Covington & Burling in Washington, DC where he practiced for almost 30 years, serving as head of the tax and corporate groups. He received his bachelors degree as valedictorian from Trinity College in Hartford, Connecticut, and his law degree from the Harvard Law School. Andy also served as tax counsel to Major League Baseball, the National Football League, the National Basketball Association and the National Hockey League. Andy appears on CNBCs Squawk Box, which calls him Wall Streets Tax Expert. Andy also has appeared on the Fox Business Channel, has been profiled in The Washington Post and Research Magazine, and is quoted extensively in publications ranging from The Wall Street Journal to USA Today.

Note: Opinions expressed by the speakers are solely their own and do not necessarily reflect those of Morgan Stanley Smith Barney or its affiliates. 2011 Investments and services offered through Morgan Stanley Smith Barney LLC. Member SIPC. 2011-PS-2708