EIBIX is a mutual fund offered by Eaton Vance that focuses on generating income for investors. It is designed for institutional investors and is only available in institutional shares. The fund primarily invests in fixed income securities, such as bonds and other debt instruments, with the goal of providing a steady stream of income. EIBIX may also invest in equities and other securities to diversify its portfolio and potentially increase returns. This fund is managed by Eaton Vance's team of experienced investment professionals based in Boston, providing investors with a strong local expertise.