Eaton Vance Floating Rate Portfolio N-CSR Certified annual shareholder report (management investment company)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form N-CSR

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act File Number: 811-09987

Eaton Vance Floating Rate Portfolio

(Exact Name of Registrant as Specified in Charter)

Two International Place, Boston, Massachusetts 02110

(Address of Principal Executive Offices)

Deidre E. Walsh

Two International Place, Boston, Massachusetts 02110

(Name and Address of Agent for Services)

(617) 482-8260

(Registrant’s Telephone Number)

October 31

Date of Fiscal Year End

October 31, 2021

Date of Reporting Period

Item 1. Reports to Stockholders

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments

Asset-Backed Securities — 3.0%
Security	Principal Amount (000’s omitted)		Value
Alinea CLO, Ltd.:
Series 2018-1A, Class D, 3.232%, (3 mo. USD LIBOR + 3.10%), 7/20/31(1)(2)	$	2,500	$	2,502,902
Series 2018-1A, Class E, 6.132%, (3 mo. USD LIBOR + 6.00%), 7/20/31(1)(2)		3,000		2,957,943
AMMC CLO 15, Ltd., Series 2014-15A, Class ERR, 7.034%, (3 mo. USD LIBOR + 6.91%), 1/15/32(1)(2)		5,000		4,919,880
AMMC CLO XII, Ltd., Series 2013-12A, Class ER, 6.308%, (3 mo. USD LIBOR + 6.18%), 11/10/30(1)(2)		3,525		3,316,200
Apidos CLO XX, Series 2015-20A, Class DR, 5.822%, (3 mo. USD LIBOR + 5.70%), 7/16/31(1)(2)		2,375		2,260,639
Ares XLIX CLO, Ltd.:
Series 2018-49A, Class D, 3.128%, (3 mo. USD LIBOR + 3.00%), 7/22/30(1)(2)		2,500		2,502,680
Series 2018-49A, Class E, 5.828%, (3 mo. USD LIBOR + 5.70%), 7/22/30(1)(2)		3,500		3,420,151
Ares XXXIIR CLO, Ltd., Series 2014-32RA, Class C, 3.025%, (3 mo. USD LIBOR + 2.90%), 5/15/30(1)(2)		5,000		4,946,435
Ares XXXVR CLO, Ltd., Series 2015-35RA, Class E, 5.824%, (3 mo. USD LIBOR + 5.70%), 7/15/30(1)(2)		4,000		3,915,536
Babson CLO, Ltd.:
Series 2015-1A, Class DR, 2.732%, (3 mo. USD LIBOR + 2.60%), 1/20/31(1)(2)		2,500		2,453,373
Series 2018-1A, Class C, 2.724%, (3 mo. USD LIBOR + 2.60%), 4/15/31(1)(2)		3,500		3,415,384
Bain Capital Credit CLO, Ltd.:
Series 2018-1A, Class D, 2.824%, (3 mo. USD LIBOR + 2.70%), 4/23/31(1)(2)		5,000		4,825,010
Series 2018-1A, Class E, 5.474%, (3 mo. USD LIBOR + 5.35%), 4/23/31(1)(2)		3,000		2,808,540
Battalion CLO XXII, Ltd., Series 2021-22A, Class E, 7.069%, (3 mo. USD LIBOR + 6.95%), 1/20/35(1)(2)		1,750		1,751,223
Benefit Street Partners CLO V-B, Ltd.:
Series 2018-5BA, Class C, 3.062%, (3 mo. USD LIBOR + 2.93%), 4/20/31(1)(2)		5,000		4,845,655
Series 2018-5BA, Class D, 6.082%, (3 mo. USD LIBOR + 5.95%), 4/20/31(1)(2)		3,500		3,286,510
Benefit Street Partners CLO VIII, Ltd., Series 2015-8A, Class DR, 5.732%, (3 mo. USD LIBOR + 5.60%), 1/20/31(1)(2)		5,401		4,990,297
Benefit Street Partners CLO XIV, Ltd., Series 2018-14A, Class D, 2.732%, (3 mo. USD LIBOR + 2.60%), 4/20/31(1)(2)		1,500		1,452,090

Security	Principal Amount (000’s omitted)		Value
Benefit Street Partners CLO XVI, Ltd., Series 2018-16A, Class E, 6.822%, (3 mo. USD LIBOR + 6.70%), 1/17/32(1)(2)	$	2,250	$	2,243,408
Benefit Street Partners CLO XVII, Ltd., Series 2019-17A, Class ER, 6.474%, (3 mo. USD LIBOR + 6.35%), 7/15/32(1)(2)		1,750		1,751,967
Betony CLO 2, Ltd.:
Series 2018-1A, Class C, 3.029%, (3 mo. USD LIBOR + 2.90%), 4/30/31(1)(2)		2,500		2,480,498
Series 2018-1A, Class D, 5.779%, (3 mo. USD LIBOR + 5.65%), 4/30/31(1)(2)		4,450		4,217,585
BlueMountain CLO XXIV, Ltd., Series 2019-24A, Class ER, 6.972%, (3 mo. USD LIBOR + 6.84%), 4/20/34(1)(2)		1,000		992,300
BlueMountain CLO XXVI, Ltd., Series 2019-26A, Class ER, 7.254%, (3 mo. USD LIBOR + 7.13%), 10/20/34(1)(2)		3,000		2,987,100
BlueMountain CLO, Ltd.:
Series 2016-3A, Class DR, 3.225%, (3 mo. USD LIBOR + 3.10%), 11/15/30(1)(2)		1,500		1,458,360
Series 2016-3A, Class ER, 6.075%, (3 mo. USD LIBOR + 5.95%), 11/15/30(1)(2)		1,500		1,406,144
Series 2018-1A, Class D, 3.179%, (3 mo. USD LIBOR + 3.05%), 7/30/30(1)(2)		2,500		2,414,988
Series 2018-1A, Class E, 6.079%, (3 mo. USD LIBOR + 5.95%), 7/30/30(1)(2)		2,000		1,914,980
Series 2021-33A, Class E, (3 mo. USD LIBOR + 6.83%), 11/20/34(1)(3)		2,500		2,501,250
Canyon Capital CLO, Ltd.:
Series 2012-1RA, Class E, 5.824%, (3 mo. USD LIBOR + 5.70%), 7/15/30(1)(2)		4,875		4,602,741
Series 2016-1A, Class ER, 5.874%, (3 mo. USD LIBOR + 5.75%), 7/15/31(1)(2)		4,000		3,835,764
Series 2016-2A, Class ER, 6.124%, (3 mo. USD LIBOR + 6.00%), 10/15/31(1)(2)		4,500		4,269,618
Series 2017-1A, Class E, 6.374%, (3 mo. USD LIBOR + 6.25%), 7/15/30(1)(2)		3,250		3,181,353
Series 2018-1A, Class D, 3.024%, (3 mo. USD LIBOR + 2.90%), 7/15/31(1)(2)		3,000		2,975,151
Series 2018-1A, Class E, 5.874%, (3 mo. USD LIBOR + 5.75%), 7/15/31(1)(2)		2,750		2,643,421
Series 2019-2A, Class ER, (3 mo. USD LIBOR + 6.75%), 10/15/34(1)(4)		1,500		1,500,750
Carlyle C17 CLO, Ltd.:
Series C17A, Class CR, 2.929%, (3 mo. USD LIBOR + 2.80%), 4/30/31(1)(2)		5,000		4,964,870
Series C17A, Class DR, 6.129%, (3 mo. USD LIBOR + 6.00%), 4/30/31(1)(2)		3,500		3,334,604
Carlyle Global Market Strategies CLO, Ltd.:
Series 2012-3A, Class CR2, 3.627%, (3 mo. USD LIBOR + 3.50%), 1/14/32(1)(2)		2,500		2,432,718

21 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Security	Principal Amount (000’s omitted)		Value
Carlyle Global Market Strategies CLO, Ltd.: (continued)
Series 2012-3A, Class DR2, 6.627%, (3 mo. USD LIBOR + 6.50%), 1/14/32(1)(2)	$	1,500	$	1,383,576
Series 2014-3RA, Class C, 3.085%, (3 mo. USD LIBOR + 2.95%), 7/27/31(1)(2)		1,000		973,529
Series 2014-3RA, Class D, 5.535%, (3 mo. USD LIBOR + 5.40%), 7/27/31(1)(2)		2,150		1,992,270
Series 2014-4RA, Class C, 3.024%, (3 mo. USD LIBOR + 2.90%), 7/15/30(1)(2)		2,000		1,910,870
Series 2014-4RA, Class D, 5.774%, (3 mo. USD LIBOR + 5.65%), 7/15/30(1)(2)		3,500		3,164,682
CarVal CLO IV, Ltd., Series 2021-1A, Class E, 6.738%, (3 mo. USD LIBOR + 6.60%), 7/20/34(1)(2)		1,000		992,010
Dryden CLO, Ltd.:
Series 2018-55A, Class D, 2.974%, (3 mo. USD LIBOR + 2.85%), 4/15/31(1)(2)		1,500		1,488,971
Series 2018-55A, Class E, 5.524%, (3 mo. USD LIBOR + 5.40%), 4/15/31(1)(2)		2,000		1,952,648
Dryden Senior Loan Fund:
Series 2015-41A, Class DR, 2.724%, (3 mo. USD LIBOR + 2.60%), 4/15/31(1)(2)		5,000		4,888,205
Series 2015-41A, Class ER, 5.424%, (3 mo. USD LIBOR + 5.30%), 4/15/31(1)(2)		1,268		1,213,459
Series 2016-42A, Class DR, 3.054%, (3 mo. USD LIBOR + 2.93%), 7/15/30(1)(2)		2,500		2,486,748
Series 2016-42A, Class ER, 5.674%, (3 mo. USD LIBOR + 5.55%), 7/15/30(1)(2)		3,500		3,398,720
Galaxy XV CLO, Ltd., Series 2013-15A, Class ER, 6.769%, (3 mo. USD LIBOR + 6.65%), 10/15/30(1)(2)		2,500		2,470,365
Galaxy XXV CLO, Ltd.:
Series 2018-25A, Class D, 3.224%, (3 mo. USD LIBOR + 3.10%), 10/25/31(1)(2)		2,500		2,500,920
Series 2018-25A, Class E, 6.074%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2)		3,500		3,425,845
Golub Capital Partners CLO 22B, Ltd., Series 2015-22A, Class ER, 6.132%, (3 mo. USD LIBOR + 6.00%), 1/20/31(1)(2)		2,500		2,365,060
Golub Capital Partners CLO 37B, Ltd.:
Series 2018-37A, Class D, 3.432%, (3 mo. USD LIBOR + 3.30%), 7/20/30(1)(2)		4,000		3,974,996
Series 2018-37A, Class E, 5.882%, (3 mo. USD LIBOR + 5.75%), 7/20/30(1)(2)		4,750		4,332,708
Golub Capital Partners CLO 53B, Ltd., Series 2021-53A, Class E, 6.83%, (3 mo. USD LIBOR + 6.70%), 7/20/34(1)(2)		1,250		1,246,680
Harriman Park CLO, Ltd., Series 2020-1A, Class ER, 6.532%, (3 mo. USD LIBOR + 6.40%), 4/20/34(1)(2)		1,000		1,001,957

Security	Principal Amount (000’s omitted)		Value
ICG US CLO, Ltd.:
Series 2018-2A, Class D, 3.228%, (3 mo. USD LIBOR + 3.10%), 7/22/31(1)(2)	$	2,000	$	1,947,958
Series 2018-2A, Class E, 5.878%, (3 mo. USD LIBOR + 5.75%), 7/22/31(1)(2)		3,000		2,826,393
Kayne CLO 5, Ltd., Series 2019-5A, Class E, 6.824%, (3 mo. USD LIBOR + 6.70%), 7/24/32(1)(2)		1,750		1,751,915
Madison Park Funding XXV, Ltd., Series 2017-25A, Class D, 6.224%, (3 mo. USD LIBOR + 6.10%), 4/25/29(1)(2)		1,500		1,500,395
Neuberger Berman CLO XXII, Ltd.:
Series 2016-22A, Class DR, 3.222%, (3 mo. USD LIBOR + 3.10%), 10/17/30(1)(2)		2,500		2,503,252
Series 2016-22A, Class ER, 6.182%, (3 mo. USD LIBOR + 6.06%), 10/17/30(1)(2)		3,000		2,985,771
Neuberger Berman Loan Advisers CLO 28, Ltd., Series 2018-28A, Class E, 5.732%, (3 mo. USD LIBOR + 5.60%), 4/20/30(1)(2)		1,950		1,921,210
Neuberger Berman Loan Advisers CLO 30, Ltd.:
Series 2018-30A, Class DR, 2.982%, (3 mo. USD LIBOR + 2.85%), 1/20/31(1)(2)		2,500		2,501,585
Series 2018-30A, Class ER, 6.332%, (3 mo. USD LIBOR + 6.20%), 1/20/31(1)(2)		1,000		999,969
Palmer Square CLO, Ltd.:
Series 2013-2A, Class DRR, 5.972%, (3 mo. USD LIBOR + 5.85%), 10/17/31(1)(2)		3,000		2,959,554
Series 2015-1A, Class DR4, 6.631%, (3 mo. USD LIBOR + 6.50%), 5/21/34(1)(2)		2,000		2,001,188
Series 2018-1A, Class C, 2.622%, (3 mo. USD LIBOR + 2.50%), 4/18/31(1)(2)		3,000		2,981,874
Series 2018-1A, Class D, 5.272%, (3 mo. USD LIBOR + 5.15%), 4/18/31(1)(2)		2,000		1,945,780
Series 2018-2A, Class D, 5.722%, (3 mo. USD LIBOR + 5.60%), 7/16/31(1)(2)		2,000		1,971,278
Series 2021-2A, Class E, 6.474%, (3 mo. USD LIBOR + 6.35%), 7/15/34(1)(2)		1,000		999,956
Regatta XIII Funding, Ltd.:
Series 2018-2A, Class C, 3.224%, (3 mo. USD LIBOR + 3.10%), 7/15/31(1)(2)		2,500		2,502,727
Series 2018-2A, Class D, 6.074%, (3 mo. USD LIBOR + 5.95%), 7/15/31(1)(2)		5,000		4,782,410
Regatta XIV Funding, Ltd.:
Series 2018-3A, Class D, 3.324%, (3 mo. USD LIBOR + 3.20%), 10/25/31(1)(2)		2,500		2,497,750
Series 2018-3A, Class E, 6.074%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2)		4,500		4,349,164
Regatta XV Funding, Ltd., Series 2018-4A, Class D, 6.624%, (3 mo. USD LIBOR + 6.50%), 10/25/31(1)(2)		3,875		3,831,189

22 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Security	Principal Amount (000’s omitted)		Value
Southwick Park CLO, LLC, Series 2019-4A, Class E, 6.832%, (3 mo. USD LIBOR + 6.70%), 7/20/32(1)(2)	$	1,750	$	1,752,182
Upland CLO, Ltd.:
Series 2016-1A, Class CR, 3.032%, (3 mo. USD LIBOR + 2.90%), 4/20/31(1)(2)		4,500		4,453,119
Series 2016-1A, Class DR, 6.032%, (3 mo. USD LIBOR + 5.90%), 4/20/31(1)(2)		4,625		4,439,838
Vibrant CLO IX, Ltd.:
Series 2018-9A, Class C, 3.332%, (3 mo. USD LIBOR + 3.20%), 7/20/31(1)(2)		2,500		2,428,873
Series 2018-9A, Class D, 6.382%, (3 mo. USD LIBOR + 6.25%), 7/20/31(1)(2)		3,500		3,261,678
Vibrant CLO X, Ltd.:
Series 2018-10A, Class C, 3.382%, (3 mo. USD LIBOR + 3.25%), 10/20/31(1)(2)		5,000		4,826,630
Series 2018-10A, Class D, 6.322%, (3 mo. USD LIBOR + 6.19%), 10/20/31(1)(2)		5,000		4,684,590
Voya CLO, Ltd.:
Series 2015-3A, Class CR, 3.282%, (3 mo. USD LIBOR + 3.15%), 10/20/31(1)(2)		2,500		2,420,763
Series 2015-3A, Class DR, 6.332%, (3 mo. USD LIBOR + 6.20%), 10/20/31(1)(2)		5,500		5,190,773
Series 2016-3A, Class CR, 3.372%, (3 mo. USD LIBOR + 3.25%), 10/18/31(1)(2)		2,000		1,949,714
Series 2016-3A, Class DR, 6.202%, (3 mo. USD LIBOR + 6.08%), 10/18/31(1)(2)		3,375		3,162,527
Series 2018-1A, Class C, 2.724%, (3 mo. USD LIBOR + 2.60%), 4/19/31(1)(2)		5,000		4,933,075
Series 2018-2A, Class E, 5.374%, (3 mo. USD LIBOR + 5.25%), 7/15/31(1)(2)		2,500		2,333,125
Webster Park CLO, Ltd.:
Series 2015-1A, Class CR, 3.032%, (3 mo. USD LIBOR + 2.90%), 7/20/30(1)(2)		2,000		1,999,556
Series 2015-1A, Class DR, 5.632%, (3 mo. USD LIBOR + 5.50%), 7/20/30(1)(2)		2,500		2,472,585
Wellfleet CLO, Ltd., Series 2021-1A, Class D, 3.632%, (3 mo. USD LIBOR + 3.50%), 4/20/34(1)(2)		1,200		1,203,719
Total Asset-Backed Securities (identified cost $274,554,846)			$	267,118,302
Common Stocks — 1.0%
Security	Shares		Value
Aerospace and Defense — 0.1%
IAP Global Services, LLC(5)(6)(7)(8)		950	$	4,703,431
IAP Global Services, LLC(5)(6)(7)		1,627		5,370,157
			$	10,073,588

Security	Shares		Value
Automotive — 0.0%(9)
Dayco Products, LLC(7)(8)		88,506	$	663,795
			$	663,795
Chemicals and Plastics — 0.1%
Hexion Holdings Corp., Class B(7)(8)		338,679	$	7,789,617
			$	7,789,617
Containers and Glass Products — 0.0%(9)
LG Newco Holdco, Inc., Class A(7)(8)		250,979	$	1,213,057
			$	1,213,057
Electronics / Electrical — 0.1%
Skillsoft Corp.(6)(7)(8)(10)		893,525	$	10,789,136
			$	10,789,136
Health Care — 0.1%
Akorn Holding Company, LLC, Class A(7)(8)		705,631	$	7,541,431
			$	7,541,431
Nonferrous Metals / Minerals — 0.0%(9)
ACNR Holdings, Inc., Class A(7)(8)		36,829	$	2,280,330
			$	2,280,330
Oil and Gas — 0.2%
AFG Holdings, Inc.(6)(7)(8)		498,342	$	3,877,101
McDermott International, Ltd.(7)(8)		1,013,850		504,897
QuarterNorth Energy, Inc.(7)(8)		9,684		1,002,294
QuarterNorth Energy, Inc.(7)(8)		97,802		10,122,507
RDV Resources, Inc., Class A(7)(8)		359,500		53,925
Sunrise Oil & Gas, Inc., Class A(7)(8)		321,407		2,490,904
			$	18,051,628
Publishing — 0.0%(9)
Tweddle Group, Inc.(6)(7)(8)		19,500	$	27,690
			$	27,690
Radio and Television — 0.3%
Clear Channel Outdoor Holdings, Inc.(7)(8)		1,204,044	$	3,491,728
Cumulus Media, Inc., Class A(7)(8)		551,505		6,849,692
Cumulus Media, Inc., Class B(7)(8)		93,069		1,155,917
iHeartMedia, Inc., Class A(7)(8)		512,034		9,923,219
			$	21,420,556

23 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Security	Shares		Value
Retailers (Except Food and Drug) — 0.0%(9)
David’s Bridal, LLC(6)(7)(8)		272,023	$	0
Phillips Pet Holding Corp.(6)(7)(8)		2,590		1,003,612
			$	1,003,612
Telecommunications — 0.1%
GEE Acquisition Holdings Corp.(6)(7)(8)		364,650	$	7,854,561
			$	7,854,561
Utilities — 0.0%(9)
Longview Intermediate Holdings, LLC, Class A(6)(7)(8)		149,459	$	1,188,199
			$	1,188,199
Total Common Stocks (identified cost $106,452,927)			$	89,897,200
Convertible Preferred Stocks — 0.0%(9)
Security	Shares		Value
Containers and Glass Products — 0.0%(9)
LG Newco Holdco, Inc., Series A, 13.00%(7)(8)		38,060	$	4,286,462
Total Convertible Preferred Stocks (identified cost $1,998,129)			$	4,286,462
Corporate Bonds — 6.4%
Security	Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 0.1%
Spirit AeroSystems, Inc., 5.50%, 1/15/25(1)		3,000	$	3,127,500
TransDigm, Inc.:
6.25%, 3/15/26(1)		1,500		1,567,500
8.00%, 12/15/25(1)		1,500		1,597,500
			$	6,292,500
Air Transport — 0.7%
Air Canada, 3.875%, 8/15/26(1)		6,850	$	6,944,188
American Airlines, Inc./AAdvantage Loyalty IP, Ltd.:
5.50%, 4/20/26(1)		17,175		18,038,044
5.75%, 4/20/29(1)		12,875		13,872,812
Delta Air Lines, Inc., 7.00%, 5/1/25(1)		4,650		5,427,633
Delta Air Lines, Inc./SkyMiles IP, Ltd., 4.75%, 10/20/28(1)		6,425		7,137,858

Security	Principal Amount* (000’s omitted)		Value
Air Transport (continued)
United Airlines, Inc.:
4.375%, 4/15/26(1)		4,625	$	4,790,205
4.625%, 4/15/29(1)		4,625		4,774,064
			$	60,984,804
Automotive — 0.2%
Clarios Global, L.P., 6.75%, 5/15/25(1)		1,890	$	1,993,704
Clarios Global, L.P. / Clarios US Finance Co., 6.25%, 5/15/26(1)		3,893		4,077,918
Tenneco, Inc.:
5.125%, 4/15/29(1)		9,050		8,982,125
7.875%, 1/15/29(1)		450		492,750
			$	15,546,497
Building and Development — 0.1%
American Builders & Contractors Supply Co., Inc., 4.00%, 1/15/28(1)		2,975	$	3,019,625
Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 5/15/28(1)		3,150		3,366,563
Forterra Finance, LLC/FRTA Finance Corp., 6.50%, 7/15/25(1)		900		960,300
SRS Distribution, Inc., 4.625%, 7/1/28(1)		4,575		4,682,741
Winnebago Industries, Inc., 6.25%, 7/15/28(1)		900		974,250
			$	13,003,479
Business Equipment and Services — 0.8%
Allied Universal Holdco, LLC/Allied Universal Finance Corp., 6.625%, 7/15/26(1)		2,075	$	2,182,651
Allied Universal Holdco, LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l., 4.625%, 6/1/28(1)		39,450		39,163,606
Prime Security Services Borrower, LLC/Prime Finance, Inc.:
5.25%, 4/15/24(1)		7,900		8,413,500
5.75%, 4/15/26(1)		15,225		16,304,452
Sabre GLBL, Inc.:
7.375%, 9/1/25(1)		2,125		2,260,469
9.25%, 4/15/25(1)		2,525		2,921,412
			$	71,246,090
Cable and Satellite Television — 0.8%
Altice France S.A.:
5.125%, 1/15/29(1)		1,300	$	1,262,625
5.125%, 7/15/29(1)		57,625		56,194,747
5.50%, 10/15/29(1)		6,455		6,335,389

24 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Security		Principal Amount* (000’s omitted)		Value
Cable and Satellite Television (continued)
Virgin Media Secured Finance PLC, 4.50%, 8/15/30(1)			6,500	$	6,500,065
				$	70,292,826
Chemicals and Plastics — 0.2%
INEOS Finance PLC, 3.375%, 3/31/26(1)	EUR		1,250	$	1,477,512
INEOS Quattro Finance 2 PLC, 3.375%, 1/15/26(1)			3,050		3,034,857
Olympus Water US Holding Corp., 4.25%, 10/1/28(1)			6,850		6,743,825
Tronox, Inc., 6.50%, 5/1/25(1)			7,000		7,367,500
				$	18,623,694
Commercial Services — 0.1%
WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26(1)			8,225	$	8,512,875
				$	8,512,875
Cosmetics / Toiletries — 0.0%(9)
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., 5.00%, 12/31/26(1)			1,075	$	1,065,594
				$	1,065,594
Diversified Financial Services — 0.1%
AG Issuer, LLC, 6.25%, 3/1/28(1)			5,075	$	5,297,031
				$	5,297,031
Drugs — 0.5%
Bausch Health Companies, Inc.:
4.875%, 6/1/28(1)			8,675	$	8,944,359
5.50%, 11/1/25(1)			8,975		9,130,447
Endo Luxembourg Finance Co. I S.a.r.l./Endo US, Inc., 6.125%, 4/1/29(1)			15,225		15,019,006
Jazz Securities DAC, 4.375%, 1/15/29(1)			9,150		9,413,062
				$	42,506,874
Ecological Services and Equipment — 0.1%
GFL Environmental, Inc., 4.25%, 6/1/25(1)			5,300	$	5,471,432
				$	5,471,432
Electronics / Electrical — 0.3%
Imola Merger Corp., 4.75%, 5/15/29(1)			18,175	$	18,696,622
LogMeIn, Inc., 5.50%, 9/1/27(1)			4,300		4,309,202

Security	Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Veritas US, Inc./Veritas Bermuda, Ltd., 7.50%, 9/1/25(1)		6,450	$	6,691,875
			$	29,697,699
Entertainment — 0.0%(9)
Six Flags Theme Parks, Inc., 7.00%, 7/1/25(1)		2,125	$	2,260,469
			$	2,260,469
Financial Intermediaries — 0.1%
CoreLogic, Inc., 4.50%, 5/1/28(1)		5,525	$	5,465,993
			$	5,465,993
Food Products — 0.1%
Del Monte Foods, Inc., 11.875%, 5/15/25(1)		8,200	$	9,209,420
			$	9,209,420
Health Care — 0.5%
Mozart Debt Merger Sub, Inc., 3.875%, 4/1/29(1)		22,800	$	22,714,500
RP Escrow Issuer, LLC, 5.25%, 12/15/25(1)		2,150		2,152,688
Tenet Healthcare Corp., 4.25%, 6/1/29(1)		22,950		23,260,513
			$	48,127,701
Industrial Equipment — 0.2%
Clark Equipment Company, 5.875%, 6/1/25(1)		1,050	$	1,095,938
Madison IAQ, LLC, 4.125%, 6/30/28(1)		13,400		13,347,338
			$	14,443,276
Leisure Goods / Activities / Movies — 0.4%
Carnival Corp., 4.00%, 8/1/28(1)		34,575	$	34,618,219
SeaWorld Parks & Entertainment, Inc., 8.75%, 5/1/25(1)		2,125		2,268,437
			$	36,886,656
Machinery — 0.0%(9)
TK Elevator U.S. Newco, Inc., 5.25%, 7/15/27(1)		4,150	$	4,229,058
			$	4,229,058
Oil and Gas — 0.1%
CITGO Petroleum Corporation:
6.375%, 6/15/26(1)		1,750	$	1,804,688
7.00%, 6/15/25(1)		10,525		10,860,221
			$	12,664,909

25 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Security	Principal Amount* (000’s omitted)		Value
Packaging & Containers — 0.1%
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer, LLC:
4.00%, 10/15/27(1)		5,150	$	5,045,713
4.375%, 10/15/28(1)		9,125		9,010,937
			$	14,056,650
Radio and Television — 0.3%
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26(1)		6,753	$	3,828,701
iHeartCommunications, Inc.:
4.75%, 1/15/28(1)		2,550		2,569,329
5.25%, 8/15/27(1)		2,125		2,173,046
6.375%, 5/1/26		2,896		3,015,140
8.375%, 5/1/27		5,248		5,596,151
Univision Communications, Inc., 4.50%, 5/1/29(1)		9,125		9,243,169
			$	26,425,536
Real Estate Investment Trusts (REITs) — 0.1%
Park Intermediate Holdings, LLC/PK Domestic Property, LLC/PK Finance Co-Issuer, 5.875%, 10/1/28(1)		6,425	$	6,722,156
			$	6,722,156
Retailers (Except Food and Drug) — 0.0%(9)
PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28(1)		1,300	$	1,337,375
			$	1,337,375
Software and Services — 0.1%
Boxer Parent Co., Inc., 7.125%, 10/2/25(1)		4,225	$	4,504,906
			$	4,504,906
Technology — 0.1%
Clarivate Science Holdings Corp., 3.875%, 7/1/28(1)		11,400	$	11,286,000
			$	11,286,000
Telecommunications — 0.3%
Digicel International Finance, Ltd./Digicel International Holdings, Ltd., 8.75%, 5/25/24(1)		6,325	$	6,570,094
LCPR Senior Secured Financing DAC, 5.125%, 7/15/29(1)		6,900		6,961,065
Lumen Technologies, Inc., 4.00%, 2/15/27(1)		6,750		6,792,559
VMED O2 UK Financing I PLC, 4.25%, 1/31/31(1)		8,550		8,335,865
			$	28,659,583

Security		Principal Amount* (000’s omitted)		Value
Utilities — 0.0%(9)
Calpine Corp., 5.25%, 6/1/26(1)			2,245	$	2,312,799
				$	2,312,799
Total Corporate Bonds (identified cost $569,307,387)				$	577,133,882
Exchange-Traded Funds — 0.5%
Security		Shares		Value
SPDR Blackstone Senior Loan ETF			1,051,000	$	48,240,900
Total Exchange-Traded Funds (identified cost $48,242,942)				$	48,240,900
Preferred Stocks — 0.1%
Security		Shares		Value
Financial Services — 0.0%
DBI Investors, Inc., Series A-1(6)(7)(8)			13,348	$	0
				$	0
Nonferrous Metals / Minerals — 0.1%
ACNR Holdings, Inc., 15.00% (PIK)(7)(8)			17,394	$	6,725,681
				$	6,725,681
Retailers (Except Food and Drug) — 0.0%
David’s Bridal, LLC, Series A, 8.00% (PIK)(6)(7)(8)			7,852	$	0
David’s Bridal, LLC, Series B, 10.00% (PIK)(6)(7)(8)			31,998		0
				$	0
Total Preferred Stocks (identified cost $2,590,558)				$	6,725,681
Senior Floating-Rate Loans — 86.8%(11)
Borrower/Description		Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 1.8%
Aernnova Aerospace S.A.U.:
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), 2/22/27	EUR		1,194	$	1,306,516
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), 2/26/27	EUR		4,656		5,095,413

26 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Aerospace and Defense (continued)
AI Convoy (Luxembourg) S.a.r.l.:
Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), 1/18/27	EUR		2,850	$	3,275,036
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 1/17/27			6,631		6,652,770
Dynasty Acquisition Co., Inc.:
Term Loan, 3.632%, (3 mo. USD LIBOR + 3.50%), 4/6/26			12,356		12,091,220
Term Loan, 3.632%, (3 mo. USD LIBOR + 3.50%), 4/6/26			22,977		22,484,639
IAP Worldwide Services, Inc.:
Revolving Loan, 0.75%, 7/18/23(12)			5,526		5,553,428
Term Loan - Second Lien, 8.00%, (3 mo. USD LIBOR + 6.50%, Floor 1.50%), 7/18/23(6)			6,851		5,601,902
KKR Apple Bidco, LLC, Term Loan, 9/22/28(13)		2,050		2,049,039
Spirit Aerosystems, Inc.:
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), 1/15/25			5,765		5,800,865
Term Loan, 1/15/25(13)			2,400		2,410,500
TransDigm, Inc.:
Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 8/22/24			28,315		28,077,978
Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 5/30/25			6,336		6,268,035
Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 12/9/25			33,863		33,482,023
WP CPP Holdings, LLC, Term Loan, 4.75%, (USD LIBOR + 3.75%, Floor 1.00%), 4/30/25(14)			22,545		22,087,115
				$	162,236,479
Air Transport — 1.2%
AAdvantage Loyalty IP, Ltd., Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 4/20/28			20,125	$	20,965,943
American Airlines, Inc., Term Loan, 6/27/25(13)			2,650		2,570,336
Brown Group Holding, LLC, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 6/7/28			12,793		12,780,529
Mileage Plus Holdings, LLC, Term Loan, 6.25%, (3 mo. USD LIBOR + 5.25%, Floor 1.00%), 6/21/27			14,424		15,376,859
SkyMiles IP, Ltd., Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 10/20/27			34,225		36,485,972
United Airlines, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 4/21/28			18,970		19,260,303
				$	107,439,942

Borrower/Description		Principal Amount* (000’s omitted)		Value
Automotive — 3.3%
Adient US, LLC, Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 4/8/28			8,005	$	8,018,698
American Axle and Manufacturing, Inc., Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), 4/6/24			17,996		18,002,147
Autokiniton US Holdings, Inc., Term Loan, 5.00%, (12 mo. USD LIBOR + 4.50%, Floor 0.50%), 4/6/28			17,197		17,240,118
Belron Finance US, LLC, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 4/13/28			7,786		7,791,714
Belron Luxembourg S.a r.l., Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 4/13/28	EUR		3,575		4,110,313
Bright Bidco B.V., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/30/24			17,828		13,306,464
Chassix, Inc., Term Loan, 6.50%, (3 mo. USD LIBOR + 5.50%, Floor 1.00%), 11/15/23			9,434		9,266,223
Clarios Global, L.P.:
Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), 4/30/26	EUR		17,500		20,071,961
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 4/30/26			19,386		19,277,253
CS Intermediate Holdco 2, LLC, Term Loan, 2.75%, (1 mo. USD LIBOR + 2.00%, Floor 0.75%), 11/2/23			5,018		4,682,149
Dayco Products, LLC, Term Loan, 4.371%, (3 mo. USD LIBOR + 4.25%), 5/19/23			14,568		14,230,955
Garrett LX I S.a.r.l.:
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 4/30/28	EUR		11,900		13,752,106
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/30/28			5,725		5,703,531
Gates Global, LLC:
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), 4/1/24	EUR		8,380		9,666,385
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.50%, Floor 0.75%), 3/31/27			14,143		14,132,815
Goodyear Tire & Rubber Company (The), Term Loan - Second Lien, 2.09%, (1 mo. USD LIBOR + 2.00%), 3/7/25			8,017		7,940,838
Les Schwab Tire Centers, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 11/2/27			21,618		21,654,823
MajorDrive Holdings IV, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 5/12/28			6,658		6,669,412
Tenneco, Inc., Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 10/1/25			34,228		33,558,023
Thor Industries, Inc., Term Loan, 3.125%, (1 mo. USD LIBOR + 3.00%), 2/1/26			9,518		9,535,978

27 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Automotive (continued)
TI Group Automotive Systems, LLC:
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 12/16/26	EUR		4,470	$	5,160,543
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 12/16/26			5,995		6,006,115
Truck Hero, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 1/31/28			19,527		19,469,525
Visteon Corporation, Term Loan, 1.842%, (USD LIBOR + 1.75%), 3/25/24(14)			2,217		2,206,022
Wheel Pros, LLC, Term Loan, 5.25%, (1 mo. USD LIBOR + 4.50%, Floor 0.75%), 5/11/28			8,825		8,802,329
				$	300,256,440
Beverage and Tobacco — 0.2%
City Brewing Company, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 4/5/28			7,075	$	7,017,516
Triton Water Holdings, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 3/31/28			13,217		13,214,813
				$	20,232,329
Brokerage / Securities Dealers / Investment Houses — 0.5%
Advisor Group, Inc., Term Loan, 4.587%, (1 mo. USD LIBOR + 4.50%), 7/31/26			11,832	$	11,860,680
Clipper Acquisitions Corp., Term Loan, 1.825%, (1 mo. USD LIBOR + 1.75%), 3/3/28			12,836		12,708,130
Hudson River Trading, LLC, Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 3/20/28			20,829		20,747,744
				$	45,316,554
Building and Development — 4.1%
Aegion Corporation, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 5/17/28			4,325	$	4,372,307
American Builders & Contractors Supply Co., Inc., Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 1/15/27			21,683		21,503,207
American Residential Services, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 10/15/27			7,602		7,616,027
APi Group DE, Inc.:
Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 10/1/26			13,110		13,099,079
Term Loan, 10/7/28(13)			9,725		9,731,078
Artera Services, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 3/6/25			13,192		13,158,958

Borrower/Description		Principal Amount* (000’s omitted)		Value
Building and Development (continued)
Beacon Roofing Supply, Inc., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 5/19/28			9,476	$	9,430,840
Centuri Group, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 8/27/28			9,525		9,546,431
Chamberlain Group, Inc., Term Loan, 11/3/28(13)			18,775		18,769,142
Core & Main L.P., Term Loan, 2.588%, (1 mo. USD LIBOR + 2.50%), 7/27/28			14,065		13,992,232
Cornerstone Building Brands, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/12/28			19,911		19,920,873
CP Atlas Buyer, Inc., Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), 11/23/27			4,000		3,981,136
CPG International, Inc., Term Loan, 3.25%, (3 mo. USD LIBOR + 2.50%, Floor 0.75%), 5/5/24			6,764		6,773,951
Cushman & Wakefield U.S. Borrower, LLC, Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 8/21/25			28,486		28,334,957
Foundation Building Materials Holding Company, LLC, Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 2/3/28			15,985		15,875,041
MI Windows and Doors, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/18/27			8,691		8,715,944
Northstar Group Services, Inc., Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), 11/12/26			11,407		11,442,835
Osmose Utilities Services, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 6/23/28			6,950		6,939,144
Park River Holdings, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 12/28/27			7,960		7,938,225
Patagonia Bidco Limited:
Term Loan, 3/5/29(13)	GBP		2,831		3,857,102
Term Loan, 3/5/29(13)	GBP		15,569		21,214,062
Quikrete Holdings, Inc.:
Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 2/1/27			4,314		4,279,328
Term Loan, 1/31/27(13)			22,225		22,178,283
RE/MAX International, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 7/21/28			16,583		16,479,791
SRS Distribution, Inc., Term Loan, 4.25%, (6 mo. USD LIBOR + 3.75%, Floor 0.50%), 6/2/28			10,973		10,984,844
Standard Industries, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 9/22/28			24,475		24,480,091

28 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Building and Development (continued)
Werner FinCo L.P., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), 7/24/24			4,668	$	4,679,192
White Cap Buyer, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 4.00%, Floor 0.50%), 10/19/27			23,178		23,260,513
WireCo WorldGroup, Inc., Term Loan, 6.00%, (6 mo. USD LIBOR + 5.00%, Floor 1.00%), 9/30/23			7,702		7,720,200
				$	370,274,813
Business Equipment and Services — 6.5%
AlixPartners, LLP:
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 2/4/28	EUR		3,507	$	4,048,354
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 2/4/28			11,169		11,150,257
Allied Universal Holdco, LLC:
Term Loan, 4/7/28(13)	EUR		2,000		2,297,369
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 5/12/28			12,850		12,859,571
Amentum Government Services Holdings, LLC, Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 1/29/27			9,455		9,449,403
AppLovin Corporation:
Term Loan, 10/25/28(13)			17,900		17,877,625
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 8/15/25			37,082		37,027,649
Asplundh Tree Expert, LLC, Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 9/7/27			8,366		8,343,424
Belfor Holdings, Inc., Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 4/6/26			2,641		2,650,814
Blitz 20-487 GmbH, Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 4/28/28	EUR		5,525		6,367,304
Bracket Intermediate Holding Corp., Term Loan, 4.377%, (3 mo. USD LIBOR + 4.25%), 9/5/25			8,910		8,918,559
Brand Energy & Infrastructure Services, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), 6/21/24			7,984		7,925,852
Camelot U.S. Acquisition 1 Co., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.00%, Floor 1.00%), 10/30/26			8,114		8,136,503
Cast and Crew Payroll, LLC, Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 2/9/26			8,569		8,558,779
Ceridian HCM Holding, Inc., Term Loan, 2.574%, (1 week USD LIBOR + 2.50%), 4/30/25			10,112		10,011,076
Deerfield Dakota Holding, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 4/9/27			2,296		2,304,547

Borrower/Description		Principal Amount* (000’s omitted)		Value
Business Equipment and Services (continued)
EAB Global, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 8/16/28			14,650	$	14,591,400
Employbridge, LLC, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 7/14/28			19,120		19,081,167
Endure Digital, Inc., Term Loan, 4.25%, (6 mo. USD LIBOR + 3.50%, Floor 0.75%), 2/10/28			25,262		24,851,185
First Advantage Holdings, LLC, Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 1/31/27			5,857		5,856,072
Foundational Education Group, Inc., Term Loan, 4.75%, (6 mo. USD LIBOR + 4.25%, Floor 0.50%), 8/31/28			6,950		6,963,031
Garda World Security Corporation, Term Loan, 4.34%, (1 mo. USD LIBOR + 4.25%), 10/30/26			7,695		7,712,569
Grab Holdings, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), 1/29/26			20,820		21,019,897
Greeneden U.S. Holdings II, LLC:
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), 12/1/27	EUR		1,241		1,442,528
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 12/1/27			9,845		9,880,585
Hillman Group, Inc. (The):
Term Loan, 1.525%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 7/14/28(12)			1,118		1,116,920
Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 7/14/28			4,668		4,663,142
Intrado Corporation, Term Loan, 5.00%, (3 mo. USD LIBOR + 4.00%, Floor 1.00%), 10/10/24			4,376		4,307,915
IRI Holdings, Inc.:
Term Loan, 4.337%, (1 mo. USD LIBOR + 4.25%), 12/1/25			22,221		22,260,123
Term Loan, 5.087%, (1 mo. USD LIBOR + 5.00%), 12/1/25			6,237		6,447,187
Iron Mountain, Inc., Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 1/2/26			8,790		8,707,748
Ivanti Software, Inc.:
Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 12/1/27			5,398		5,391,802
Term Loan, 5.75%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), 12/1/27			18,408		18,442,014
Term Loan - Second Lien, 9.50%, (3 mo. USD LIBOR + 8.50%, Floor 1.00%), 12/1/28			5,750		5,742,813
KAR Auction Services, Inc., Term Loan, 2.375%, (1 mo. USD LIBOR + 2.25%), 9/19/26			3,301		3,235,333
KUEHG Corp.:
Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 2/21/25			19,905		19,767,735
Term Loan - Second Lien, 9.25%, (3 mo. USD LIBOR + 8.25%, Floor 1.00%), 8/22/25			4,425		4,455,422

29 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Business Equipment and Services (continued)
LGC Group Holdings, Ltd., Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), 4/21/27	EUR		5,775	$	6,545,305
Loire Finco Luxembourg S.a.r.l., Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 4/21/27			3,037		2,983,611
Magnite, Inc., Term Loan, 5.75%, (USD LIBOR + 5.00%, Floor 0.75%), 4/28/28(14)			6,035		6,049,962
MedAssets Software Intermediate Holdings, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 1/28/28			6,733		6,746,591
Monitronics International, Inc., Term Loan, 7.75%, (1 mo. USD LIBOR + 6.50%, Floor 1.25%), 3/29/24			17,016		16,803,145
Nielsen Consumer, Inc.:
Term Loan, 4.00%, (1 mo. EURIBOR + 4.00%), 3/6/28	EUR		2,836		3,297,736
Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 3/6/28			5,274		5,291,630
Packaging Coordinators Midco, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 11/30/27			2,244		2,250,439
Pike Corporation, Term Loan, 3.09%, (1 mo. USD LIBOR + 3.00%), 1/21/28			3,260		3,260,682
Prime Security Services Borrower, LLC, Term Loan, 3.50%, (USD LIBOR + 2.75%, Floor 0.75%), 9/23/26(14)			3,487		3,486,229
Rockwood Service Corporation, Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 1/23/27			4,128		4,127,995
Sabre GLBL, Inc.:
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/17/27			3,047		3,043,927
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/17/27			4,858		4,852,201
SITEL Worldwide Corporation:
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 8/28/28	EUR		6,425		7,431,941
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 8/28/28			20,325		20,383,434
Skopima Merger Sub, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 4.00%, Floor 0.50%), 5/12/28			11,000		10,965,625
Sotheby’s, Term Loan, 5.00%, (3 mo. USD LIBOR + 4.50%, Floor 0.50%), 1/15/27			4,066		4,083,006
Speedster Bidco GmbH, Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), 3/31/27	EUR		2,975		3,380,797
Spin Holdco, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 3/4/28			34,377		34,522,872

Borrower/Description		Principal Amount* (000’s omitted)		Value
Business Equipment and Services (continued)
team.blue Finco S.a.r.l.:
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 3/27/28	EUR		603	$	694,895
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 3/27/28	EUR		10,547		12,160,669
TK Elevator Topco GmbH, Term Loan, 3.625%, (3 mo. EURIBOR + 3.625%), 7/29/27	EUR		9,725		11,194,084
TPG VIII Elf Purchaser, LLC, Term Loan, 11/6/28(13)			5,075		5,073,417
TTF Holdings, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 3/24/28			3,717		3,725,917
West Corporation, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 10/10/24		��	3,415		3,350,854
WEX, Inc., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 3/31/28			3,980		3,965,819
Zephyr Bidco Limited:
Term Loan, 3.75%, (1 mo. EURIBOR + 3.75%), 7/23/25	EUR		4,975		5,756,293
Term Loan, 4.866%, (1 mo. GBP LIBOR + 4.75%), 7/23/25	GBP		8,675		11,804,470
				$	581,097,220
Cable and Satellite Television — 3.3%
Altice France S.A.:
Term Loan, 3.811%, (3 mo. USD LIBOR + 3.69%), 1/31/26			4,449	$	4,412,756
Term Loan, 4.125%, (3 mo. USD LIBOR + 4.00%), 8/14/26			11,632		11,609,022
Charter Communications Operating, LLC, Term Loan, 1.84%, (1 mo. USD LIBOR + 1.75%), 2/1/27			6,688		6,648,759
CSC Holdings, LLC:
Term Loan, 2.34%, (1 mo. USD LIBOR + 2.25%), 7/17/25			25,532		25,000,030
Term Loan, 2.34%, (1 mo. USD LIBOR + 2.25%), 1/15/26			4		4,100
Term Loan, 2.59%, (1 mo. USD LIBOR + 2.50%), 4/15/27			13,243		13,003,370
LCPR Loan Financing, LLC, Term Loan, 3.84%, (1 mo. USD LIBOR + 3.75%), 10/15/28			1,650		1,655,156
Numericable Group S.A.:
Term Loan, 2.879%, (3 mo. USD LIBOR + 2.75%), 7/31/25			20,858		20,542,796
Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), 7/31/25	EUR		12,059		13,591,359
Telenet Financing USD, LLC, Term Loan, 2.09%, (1 mo. USD LIBOR + 2.00%), 4/30/28			32,325		31,915,378

30 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Cable and Satellite Television (continued)
Telenet International Finance S.a.r.l., Term Loan, 2.25%, (6 mo. EURIBOR + 2.25%), 4/30/29	EUR		5,000	$	5,686,074
UPC Broadband Holding B.V.:
Term Loan, 2.34%, (1 mo. USD LIBOR + 2.25%), 4/30/28			7,475		7,400,250
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), 4/30/29	EUR		2,350		2,675,851
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), 1/31/29	EUR		13,850		15,931,794
UPC Financing Partnership, Term Loan, 3.09%, (1 mo. USD LIBOR + 3.00%), 1/31/29			29,250		29,158,594
Virgin Media Bristol, LLC:
Term Loan, 2.59%, (1 mo. USD LIBOR + 2.50%), 1/31/28			44,275		43,890,649
Term Loan, 3.34%, (1 mo. USD LIBOR + 3.25%), 1/31/29			500		500,469
Virgin Media Ireland Limited, Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 7/15/29	EUR		8,500		9,780,711
Virgin Media SFA Finance Limited:
Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), 1/31/29	EUR		11,625		13,235,994
Term Loan, 3.32%, (1 mo. GBP LIBOR + 3.25%), 1/15/27	GBP		8,175		11,035,623
Term Loan, 3.32%, (1 mo. GBP LIBOR + 3.25%), 11/15/27	GBP		600		809,840
Ziggo B.V., Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), 1/31/29	EUR		21,650		24,775,822
				$	293,264,397
Chemicals and Plastics — 4.2%
Aruba Investments, Inc.:
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), 11/24/27	EUR		3,433	$	3,980,659
Term Loan, 4.75%, (6 mo. USD LIBOR + 4.00%, Floor 0.75%), 11/24/27			5,099		5,121,685
Atotech B.V.:
Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 3/18/28	EUR		2,675		3,079,739
Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 3/18/28			12,494		12,492,126
Axalta Coating Systems US Holdings, Inc., Term Loan, 1.882%, (3 mo. USD LIBOR + 1.75%), 6/1/24			24,748		24,730,158
Caldic B.V.:
Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 7/18/24	EUR		500		568,969
Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 7/18/24	EUR		2,166		2,465,215

Borrower/Description		Principal Amount* (000’s omitted)		Value
Chemicals and Plastics (continued)
Charter NEX US, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/1/27			5,817	$	5,839,277
Chemours Company (The), Term Loan, 2.50%, (3 mo. EURIBOR + 2.00%, Floor 0.50%), 4/3/25	EUR		2,819		3,230,296
Colouroz Investment 1 GmbH, Term Loan, 5.00%, (3 mo. EURIBOR + 4.25%, Floor 0.75%), 4.25% cash, 0.75% PIK, 9/21/23	EUR		1,965		2,273,478
CPC Acquisition Corp., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/29/27			16,840		16,836,872
Ferro Corporation:
Term Loan, 2.382%, (3 mo. USD LIBOR + 2.25%), 2/14/24			1,666		1,664,719
Term Loan, 2.382%, (3 mo. USD LIBOR + 2.25%), 2/14/24			1,702		1,700,909
Term Loan, 2.382%, (3 mo. USD LIBOR + 2.25%), 2/14/24			2,356		2,355,018
Flint Group GmbH, Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 5.25% cash, 0.75% PIK, 9/21/23			2,020		2,021,654
Flint Group US, LLC, Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 5.25% cash, 0.75% PIK, 9/21/23			12,222		12,229,347
Gemini HDPE, LLC, Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 12/31/27			5,126		5,133,204
Groupe Solmax, Inc., Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 5/29/28			10,704		10,740,926
Hexion, Inc., Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), 7/1/26	EUR		5,339		6,197,295
Illuminate Buyer, LLC, Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 6/30/27			13,744		13,727,171
INEOS 226 Limited, Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), 1/29/26	EUR		24,900		28,588,289
INEOS Enterprises Holdings II Limited, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 8/31/26	EUR		1,975		2,284,705
INEOS Enterprises Holdings US Finco, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 8/28/26			5,091		5,108,892
INEOS Finance PLC, Term Loan, 2.50%, (1 mo. EURIBOR + 2.00%, Floor 0.50%), 4/1/24	EUR		6,291		7,244,407
INEOS Styrolution US Holding, LLC, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 1/29/26			17,805		17,827,632
Kraton Polymers, LLC, Term Loan, 2.75%, (3 mo. EURIBOR + 2.00%, Floor 0.75%), 3/5/25	EUR		526		606,727
Lonza Group AG:
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), 7/3/28	EUR		7,125		8,212,687
Term Loan, 4.75%, (6 mo. USD LIBOR + 4.00%, Floor 0.75%), 7/3/28			16,416		16,463,459

31 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Chemicals and Plastics (continued)
LSF11 Skyscraper Holdco S.a.r.l.:
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 9/29/27	EUR		11,350	$	13,045,627
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 9/29/27			4,826		4,842,371
Messer Industries GmbH:
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), 3/1/26	EUR		2,474		2,844,176
Term Loan, 2.632%, (3 mo. USD LIBOR + 2.50%), 3/1/26			9,931		9,878,725
Orion Engineered Carbons GmbH:
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), 9/24/28	EUR		1,250		1,449,215
Term Loan, 2.75%, (3 mo. USD LIBOR + 2.25%, Floor 0.50%), 9/24/28			4,525		4,553,281
PMHC II, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 3/31/25			4,053		4,032,735
PQ Corporation, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 6/9/28			8,868		8,875,162
Pregis TopCo Corporation, Term Loan, 4.50%, (1 mo. USD LIBOR + 4.00%, Floor 0.50%), 7/31/26			1,375		1,381,446
Pretium PKG Holdings, Inc.:
Term Loan, 4.50%, (6 mo. USD LIBOR + 4.00%, Floor 0.50%), 10/2/28			7,175		7,200,909
Term Loan - Second Lien, 7.25%, (6 mo. USD LIBOR + 6.75%, Floor 0.50%), 10/1/29			4,175		4,216,750
Rohm Holding GmbH:
Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), 7/31/26	EUR		2,150		2,488,039
Term Loan, 4.904%, (6 mo. USD LIBOR + 4.75%), 7/31/26			16,168		16,218,928
Solenis Holdings, LLC:
Term Loan, 4.00%, (1 mo. EURIBOR + 4.00%), 6/26/25	EUR		1,736		2,008,599
Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 6/26/25			20,570		20,587,203
Spectrum Holdings III Corp., Term Loan, 1/31/25(13)			5,588		5,454,938
Starfruit Finco B.V., Term Loan, 2.839%, (1 mo. USD LIBOR + 2.75%), 10/1/25			8,216		8,166,589
Trinseo Materials Operating S.C.A., Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 5/3/28			7,756		7,719,693
Tronox Finance, LLC, Term Loan, 2.369%, (USD LIBOR + 2.25%), 3/13/28(14)			13,520		13,423,466
W.R. Grace & Co. Conn., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 9/22/28			12,600		12,653,550
				$	373,766,917

Borrower/Description		Principal Amount* (000’s omitted)		Value
Clothing / Textiles — 0.0%(9)
Samsonite International S.A., Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 4/25/25			2,742	$	2,676,172
				$	2,676,172
Conglomerates — 0.1%
Penn Engineering & Manufacturing Corp., Term Loan, 3.50%, (3 mo. USD LIBOR + 2.50%, Floor 1.00%), 6/27/24			1,895	$	1,900,048
Spectrum Brands, Inc., Term Loan, 2.50%, (6 mo. USD LIBOR + 2.00%, Floor 0.50%), 3/3/28			4,229		4,223,993
				$	6,124,041
Containers and Glass Products — 1.8%
Berlin Packaging, LLC, Term Loan, 4.25%, (USD LIBOR + 3.75%, Floor 0.50%), 3/11/28(14)			10,325	$	10,348,665
Berry Global, Inc., Term Loan, 1.836%, (1 mo. USD LIBOR + 1.75%), 7/1/26			6,443		6,406,958
BWAY Holding Company, Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 4/3/24			11,112		10,836,354
Flex Acquisition Company, Inc.:
Term Loan, 3.131%, (3 mo. USD LIBOR + 3.00%), 6/29/25			10,321		10,255,831
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 2/23/28			29,636		29,592,075
Kouti B.V., Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 7/1/28	EUR		31,975		36,893,790
Libbey Glass, Inc., Term Loan, 11.00%, (3 mo. USD LIBOR + 10.00%, Floor 1.00%), 11/13/25			7,799		8,107,879
Proampac PG Borrower, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/3/25			19,284		19,335,762
Reynolds Group Holdings, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 9/20/28			17,075		17,053,656
TricorBraun Holdings, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 3/3/28			5,565		5,540,927
Trident TPI Holdings, Inc.:
Term Loan, 3.008%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 9/15/28(12)			1,053		1,056,273
Term Loan, 4.50%, (3 mo. USD LIBOR + 4.00%, Floor 0.50%), 9/15/28			7,422		7,446,728
				$	162,874,898

32 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Cosmetics / Toiletries — 0.1%
Kronos Acquisition Holdings, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 12/22/26			9,875	$	9,618,201
				$	9,618,201
Drugs — 3.3%
Aenova Holding GmbH, Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), 3/6/26	EUR		2,925	$	3,399,051
Akorn, Inc., Term Loan, 8.50%, (3 mo. USD LIBOR + 7.50%, Floor 1.00%), 10/1/25			8,288		8,350,525
Alkermes, Inc., Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 3/12/26			18,550		18,503,996
Amneal Pharmaceuticals, LLC, Term Loan, 3.625%, (1 mo. USD LIBOR + 3.50%), 5/4/25			22,578		22,419,098
Bausch Health Companies, Inc., Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 6/2/25			40,023		39,981,219
Cambrex Corporation, Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 12/4/26			2,980		2,986,195
Catalent Pharma Solutions, Inc., Term Loan, 2.50%, (1 mo. USD LIBOR + 2.00%, Floor 0.50%), 2/22/28			1,045		1,047,642
Curia Global, Inc., Term Loan, 4.50%, (USD LIBOR + 3.75%, Floor 0.75%), 8/30/26(14)			9,716		9,736,035
Elanco Animal Health Incorporated, Term Loan, 1.832%, (1 mo. USD LIBOR + 1.75%), 8/1/27			1,452		1,440,996
Grifols Worldwide Operations USA, Inc., Term Loan, 2.074%, (1 week USD LIBOR + 2.00%), 11/15/27			35,742		35,280,390
Horizon Therapeutics USA, Inc.:
Term Loan, 2.37%, (1 mo. USD LIBOR + 2.25%), 5/22/26			7,802		7,787,443
Term Loan, 2.50%, (1 mo. USD LIBOR + 2.00%, Floor 0.50%), 3/15/28			16,865		16,845,669
Jazz Financing Lux S.a.r.l., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 5/5/28			15,461		15,499,903
Mallinckrodt International Finance S.A.:
Term Loan, 6.00%, (3 mo. USD LIBOR + 5.25%, Floor 0.75%), 9/24/24			44,353		41,433,496
Term Loan, 6.25%, (1 mo. USD LIBOR + 5.50%, Floor 0.75%), 2/24/25			10,206		9,523,221
Nidda Healthcare Holding AG:
Term Loan, 8/21/26(13)	EUR		2,375		2,713,427
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 8/21/26	EUR		5,475		6,265,808
PPD, Inc., Term Loan, 2.50%, (1 mo. USD LIBOR + 2.00%, Floor 0.50%), 1/13/28			39,332		39,315,122

Borrower/Description		Principal Amount* (000’s omitted)		Value
Drugs (continued)
Recipharm AB, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 2/17/28	EUR		13,725	$	15,724,097
				$	298,253,333
Ecological Services and Equipment — 0.3%
Clean Harbors, Inc., Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 10/8/28			5,475	$	5,484,286
EnergySolutions, LLC, Term Loan, 4.75%, (3 mo. USD LIBOR + 3.75%, Floor 1.00%), 5/9/25			17,856		17,877,886
GFL Environmental, Inc., Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 5/30/25			496		497,801
TruGreen Limited Partnership, Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 11/2/27			4,069		4,079,423
US Ecology Holdings, Inc., Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 11/1/26			2,555		2,551,572
				$	30,490,968
Electronics / Electrical — 17.6%
Applied Systems, Inc.:
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 9/19/24			49,552	$	49,558,111
Term Loan - Second Lien, 6.25%, (3 mo. USD LIBOR + 5.50%, Floor 0.75%), 9/19/25			3,759		3,820,825
Aptean, Inc.:
Term Loan, 4.337%, (1 mo. USD LIBOR + 4.25%), 4/23/26			16,876		16,863,014
Term Loan - Second Lien, 7.75%, (1 mo. USD LIBOR + 7.00%, Floor 0.75%), 4/23/27			6,550		6,533,625
Astra Acquisition Corp.:
Term Loan, 10/25/28(13)			21,925		21,404,281
Term Loan - Second Lien, 10/22/29(13)			20,175		19,973,250
Banff Merger Sub, Inc.:
Term Loan, 3.882%, (3 mo. USD LIBOR + 3.75%), 10/2/25			39,640		39,425,639
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), 10/2/25	EUR		11,961		13,855,932
Term Loan - Second Lien, 6.00%, (3 mo. USD LIBOR + 5.50%, Floor 0.50%), 2/27/26			10,375		10,528,467
Barracuda Networks, Inc., Term Loan - Second Lien, 7.50%, (3 mo. USD LIBOR + 6.75%, Floor 0.75%), 10/30/28			5,425		5,495,075
Buzz Merger Sub, Ltd.:
Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 1/29/27			4,060		4,037,570
Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 1/29/27			435		435,329

33 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Celestica, Inc.:
Term Loan, 2.213%, (1 mo. USD LIBOR + 2.13%), 6/27/25			3,988	$	3,972,609
Term Loan, 2.588%, (1 mo. USD LIBOR + 2.50%), 6/27/25			2,567		2,563,292
CentralSquare Technologies, LLC, Term Loan, 3.882%, (3 mo. USD LIBOR + 3.75%), 8/29/25			12,803		11,983,279
Cloudera, Inc.:
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/8/28			31,150		31,140,281
Term Loan - Second Lien, 6.50%, (1 mo. USD LIBOR + 6.00%, Floor 0.50%), 10/8/29			8,550		8,582,062
CommScope, Inc., Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 4/6/26			19,707		19,469,546
Concorde Midco, Ltd., Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), 3/1/28	EUR		5,925		6,858,929
ConnectWise, LLC, Term Loan, 9/29/28(13)			12,500		12,501,112
Constant Contact, Inc., Term Loan, 4.75%, (6 mo. USD LIBOR + 4.00%, Floor 0.75%), 2/10/28			16,418		16,412,461
Cornerstone OnDemand, Inc., Term Loan, 4.25%, (6 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/16/28			15,700		15,680,375
CPI International, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), 7/26/24			9,548		9,567,464
Creation Technologies, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.50%, Floor 0.50%), 10/5/28			11,500		11,456,875
Cvent, Inc., Term Loan, 3.837%, (1 mo. USD LIBOR + 3.75%), 11/29/24			15,255		15,214,225
Delta TopCo, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 12/1/27			13,668		13,664,801
E2open, LLC, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 2/4/28			12,736		12,760,213
ECI Macola Max Holding, LLC, Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/9/27			13,954		13,992,324
Electro Rent Corporation, Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 1/31/24			16,933		17,003,788
Energizer Holdings, Inc., Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 12/22/27			7,653		7,648,243
Epicor Software Corporation, Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 7/30/27			35,507		35,520,146
Finastra USA, Inc., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/13/24			49,650		49,450,484
Fiserv Investment Solutions, Inc., Term Loan, 4.155%, (3 mo. USD LIBOR + 4.00%), 2/18/27			5,927		5,942,294

Borrower/Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Gainwell Acquisition Corp., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 10/1/27			48,417	$	48,613,742
Go Daddy Operating Company, LLC, Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 2/15/24			45,704		45,423,701
Hyland Software, Inc.:
Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 7/1/24			60,462		60,632,195
Term Loan - Second Lien, 7.00%, (1 mo. USD LIBOR + 6.25%, Floor 0.75%), 7/7/25			1,750		1,771,875
IGT Holding IV AB, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 3/31/28			5,672		5,685,679
Imprivata, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/1/27			16,020		16,049,537
Informatica, LLC, Term Loan, 10/27/28(13)			32,075		32,034,906
Liftoff Mobile, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/2/28			14,550		14,509,085
LogMeIn, Inc., Term Loan, 4.834%, (1 mo. USD LIBOR + 4.75%), 8/31/27			18,795		18,790,347
MA FinanceCo., LLC:
Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 6/21/24			2,712		2,692,600
Term Loan, 3.00%, (1 mo. EURIBOR + 3.00%), 6/21/24	EUR		2,441		2,806,819
Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), 6/5/25	EUR		5,509		6,433,782
Term Loan, 5.25%, (3 mo. USD LIBOR + 4.25%, Floor 1.00%), 6/5/25			13,796		13,923,438
MACOM Technology Solutions Holdings, Inc., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 5/17/24			1,368		1,363,075
Magenta Buyer, LLC:
Term Loan, 5.75%, (3 mo. USD LIBOR + 5.00%, Floor 0.75%), 7/27/28			51,625		51,619,631
Term Loan - Second Lien, 9.00%, (3 mo. USD LIBOR + 8.25%, Floor 0.75%), 7/27/29			16,175		16,080,651
Marcel LUX IV S.a.r.l.:
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 3/15/26			2,186		2,191,848
Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), 3/16/26	EUR		2,650		3,065,951
Term Loan, 4.75%, (1 mo. USD LIBOR + 4.00%, Floor 0.75%), 12/31/27			731		733,158
Mavenir Systems, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.75%, Floor 0.50%), 8/13/28			5,250		5,278,439
Maverick Bidco, Inc.:
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 5/18/28			8,675		8,684,759

34 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Maverick Bidco, Inc.: (continued)
Term Loan - Second Lien, 7.50%, (3 mo. USD LIBOR + 6.75%, Floor 0.75%), 5/18/29			3,175	$	3,206,750
MaxLinear, Inc., Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 6/23/28			7,329		7,308,676
Mirion Technologies, Inc., Term Loan, 10/20/28(13)			8,350		8,339,563
MKS Instruments, Inc.:
Term Loan, 10/21/28(13)	EUR		4,875		5,656,632
Term Loan, 10/21/28(13)			49,125		49,105,792
N-Able International Holdings II, LLC, Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 7/19/28			4,075		4,082,641
NCR Corporation, Term Loan, 2.63%, (3 mo. USD LIBOR + 2.50%), 8/28/26			9,066		8,918,985
Nobel Bidco B.V., Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 6/10/28	EUR		11,450		13,186,563
Panther Commercial Holdings L.P., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.50%, Floor 0.50%), 1/7/28			21,268		21,361,267
PointClickCare Technologies, Inc., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.00%, Floor 0.75%), 12/29/27			4,279		4,278,500
Polaris Newco, LLC:
Term Loan, 4.00%, (6 mo. EURIBOR + 4.00%), 6/2/28	EUR		8,650		10,003,779
Term Loan, 4.50%, (6 mo. USD LIBOR + 4.00%, Floor 0.50%), 6/2/28			24,500		24,587,269
Poseidon Intermediate, LLC, Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 8/18/25			2,643		2,648,247
Proofpoint, Inc., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 8/31/28			25,525		25,451,616
ProQuest, LLC, Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 10/23/26			16,419		16,420,193
Rackspace Technology Global, Inc., Term Loan, 3.50%, (3 mo. USD LIBOR + 2.75%, Floor 0.75%), 2/15/28			15,522		15,434,689
RealPage, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 4/24/28			38,100		38,056,337
Recorded Books, Inc., Term Loan, 4.084%, (1 mo. USD LIBOR + 4.00%), 8/29/25			6,877		6,888,028
Redstone Holdco 2 L.P., Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 4/27/28			16,600		16,091,625
Renaissance Holding Corp.:
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 5/30/25			5,054		5,014,278
Term Loan - Second Lien, 7.087%, (1 mo. USD LIBOR + 7.00%), 5/29/26			3,175		3,193,853

Borrower/Description	Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Seattle Spinco, Inc., Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 6/21/24		18,313	$	18,183,795
SkillSoft Corporation, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.75%, Floor 0.75%), 6/30/28		6,925		6,989,922
SolarWinds Holdings, Inc., Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 2/5/24		26,451		26,136,805
Sophia L.P., Term Loan, 4.50%, (3 mo. USD LIBOR +3.75%, Floor 0.75%), 10/7/27		16,128		16,168,445
Sovos Compliance, LLC:
Term Loan, 2.25%, 8/11/28(12)		1,476		1,486,961
Term Loan, 5.00%, (3 mo. USD LIBOR + 4.50%, Floor 0.50%), 8/11/28		8,549		8,610,540
SS&C European Holdings S.a.r.l., Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 4/16/25		5,256		5,208,082
SS&C Technologies, Inc., Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 4/16/25		6,917		6,853,993
SurveyMonkey, Inc., Term Loan, 3.83%, (1 week USD LIBOR + 3.75%), 10/10/25		13,115		13,090,001
Symplr Software, Inc., Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), 12/22/27		8,259		8,297,728
Synaptics Incorporated, Term Loan, 10/21/28(13)		4,800		4,812,000
Tibco Software, Inc.:
Term Loan, 3.84%, (1 mo. USD LIBOR + 3.75%), 6/30/26		33,709		33,148,724
Term Loan, 6/30/26(13)		9,350		9,218,520
Term Loan - Second Lien, 7.34%, (1 mo. USD LIBOR + 7.25%), 3/3/28		10,757		10,812,207
TTM Technologies, Inc., Term Loan, 2.582%, (1 mo. USD LIBOR + 2.50%), 9/28/24		1,605		1,605,112
Turing Midco, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 3/23/28		4,739		4,744,652
Uber Technologies, Inc.:
Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 4/4/25		33,736		33,778,256
Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 2/25/27		24,983		25,019,034
Ultimate Software Group, Inc. (The):
Term Loan, 3.837%, (1 mo. USD LIBOR + 3.75%), 5/4/26		23,102		23,171,190
Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 5/4/26		43,156		43,290,715
Term Loan - Second Lien, 7.50%, (3 mo. USD LIBOR + 6.75%, Floor 0.75%), 5/3/27		2,000		2,041,666
Ultra Clean Holdings, Inc., Term Loan, 3.837%, (1 mo. USD LIBOR + 3.75%), 8/27/25		14,384		14,432,271
Valkyr Purchaser, LLC, Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 10/29/27		6,169		6,184,423

35 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Electronics / Electrical (continued)
Verifone Systems, Inc., Term Loan, 4.129%, (3 mo. USD LIBOR + 4.00%), 8/20/25			13,909	$	13,643,400
Verisure Holding AB, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 3/27/28	EUR		15,450		17,751,608
Veritas US, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 9/1/25			19,183		19,279,392
Vision Solutions, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 4/24/28			24,400		24,415,205
VS Buyer, LLC, Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 2/28/27			21,684		21,646,282
Zebra Buyer, LLC, Term Loan, 4/21/28(13)			1,200		1,204,375
				$	1,582,161,726
Equipment Leasing — 0.7%
Avolon TLB Borrower 1 (US), LLC:
Term Loan, 2.50%, (1 mo. USD LIBOR + 1.75%, Floor 0.75%), 1/15/25			29,082	$	29,083,410
Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 12/1/27			12,828		12,860,133
Boels Topholding B.V., Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 2/6/27	EUR		7,750		8,940,337
Fly Funding II S.a.r.l., Term Loan, 7.00%, (3 mo. USD LIBOR + 6.00%, Floor 1.00%), 10/8/25			8,265		8,295,994
				$	59,179,874
Farming / Agriculture — 0.1%
Alltech, Inc., Term Loan, 10/13/28(13)			7,575	$	7,593,937
				$	7,593,937
Financial Intermediaries — 2.7%
Apex Group Treasury, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 7/27/28			6,026	$	6,037,629
Aretec Group, Inc., Term Loan, 4.337%, (1 mo. USD LIBOR + 4.25%), 10/1/25			18,659		18,658,851
Citco Funding, LLC, Term Loan, 2.658%, (3 mo. USD LIBOR + 2.50%), 9/28/23			14,815		14,796,672
CoreLogic, Inc., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 6/2/28			50,600		50,663,250
Ditech Holding Corporation, Term Loan, 0.00%, 6/30/22(15)			22,620		4,524,003
Edelman Financial Center, LLC, Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 4/7/28			19,143		19,166,098
EIG Management Company, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 2/22/25			2,919		2,919,125

Borrower/Description	Principal Amount* (000’s omitted)		Value
Financial Intermediaries (continued)
FinCo I, LLC, Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 6/27/25		11,646	$	11,622,881
Focus Financial Partners, LLC:
Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 7/3/24		13,111		13,051,310
Term Loan, 2.50%, 6/24/28(12)		1,894		1,888,029
Term Loan, 3.00%, (1 mo. USD LIBOR + 2.50%, Floor 0.50%), 7/1/28		8,186		8,161,005
Franklin Square Holdings, L.P., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 8/1/25		6,329		6,297,586
GreenSky Holdings, LLC:
Term Loan, 3.375%, (1 mo. USD LIBOR + 3.25%), 3/31/25		12,912		12,879,874
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), 3/29/25		3,703		3,703,125
Guggenheim Partners, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 2.75%, Floor 0.75%), 7/21/23		24,466		24,488,316
HighTower Holdings, LLC:
Term Loan, 4/21/28(13)		200		200,600
Term Loan, 4/21/28(13)		800		802,400
LPL Holdings, Inc., Term Loan, 1.834%, (1 mo. USD LIBOR + 1.75%), 11/12/26		16,113		15,965,292
Mariner Wealth Advisors, LLC:
Term Loan, 0.00%, 8/18/28(12)		697		695,133
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 8/18/28		4,878		4,865,930
Victory Capital Holdings, Inc., Term Loan, 2.377%, (3 mo. USD LIBOR + 2.25%), 7/1/26		7,352		7,331,412
Walker & Dunlop, Inc., Term Loan, 10/13/28(13)		13,050		13,054,072
			$	241,772,593
Food Products — 1.8%
8th Avenue Food & Provisions, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 4.75%, Floor 0.75%), 10/1/25		6,675	$	6,658,312
Badger Buyer Corp., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), 9/30/24		4,877		4,782,336
Froneri International, Ltd., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 1/29/27		18,195		17,970,674
H Food Holdings, LLC:
Term Loan, 3.775%, (1 mo. USD LIBOR + 3.69%), 5/23/25		8,537		8,508,398
Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 5/23/25		5,592		5,593,972
HLF Financing S.a.r.l., Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 8/18/25		9,793		9,759,725

36 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Food Products (continued)
JBS USA LUX S.A., Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 5/1/26			52,358	$	52,242,942
Monogram Food Solutions, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 4.00%, Floor 0.50%), 8/28/28			6,025		6,043,828
Nomad Foods Europe Midco Limited, Term Loan, 2.375%, (3 mo. USD LIBOR + 2.25%), 5/15/24			10,516		10,465,156
Shearer’s Foods, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 9/23/27			2,896		2,895,605
Simply Good Foods USA, Inc., Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 7/7/24			2,455		2,472,250
Sunshine Investments B.V.:
Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 3/28/25	EUR		10,618		12,186,166
Term Loan, 3.568%, (3 mo. GBP LIBOR + 3.50%), 3/28/25	GBP		2,000		2,727,264
United Petfood Group B.V., Term Loan, 3.25%, (6 mo. EURIBOR + 3.25%), 4/23/28	EUR		5,900		6,779,900
UTZ Quality Foods, LLC, Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 1/20/28			2,062		2,061,211
Valeo F1 Company Limited (Ireland), Term Loan, 6/30/28(13)	EUR		8,550		9,875,309
				$	161,023,048
Food Service — 1.1%
1011778 B.C. Unlimited Liability Company, Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 11/19/26			34,945	$	34,316,021
Ai Aqua Merger Sub, Inc.:
Term Loan, 7/31/28(13)			752		755,187
Term Loan, 7/31/28(13)			6,014		6,041,500
Ali Group S.R.L., Term Loan, 10/12/28(13)			18,775		18,660,585
IRB Holding Corp.:
Term Loan, 3.75%, (USD LIBOR + 2.75%, Floor 1.00%), 2/5/25(14)			2,147		2,144,829
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), 12/15/27			28,064		28,102,353
Sovos Brands Intermediate, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 6/8/28			6,155		6,174,304
				$	96,194,779
Food / Drug Retailers — 0.2%
L1R HB Finance Limited:
Term Loan, 4.25%, (3 mo. EURIBOR + 4.25%), 9/2/24	EUR		4,674	$	5,091,933

Borrower/Description		Principal Amount* (000’s omitted)		Value
Food / Drug Retailers (continued)
L1R HB Finance Limited: (continued)
Term Loan, 5.326%, (3 mo. GBP LIBOR + 5.25%), 9/2/24	GBP		9,172	$	11,699,915
				$	16,791,848
Forest Products — 0.2%
Clearwater Paper Corporation, Term Loan, 3.125%, (1 mo. USD LIBOR + 3.00%), 7/26/26			1,034	$	1,033,813
Journey Personal Care Corp., Term Loan, 5.00%, (3 mo. USD LIBOR + 4.25%, Floor 0.75%), 3/1/28			17,169		17,126,545
Neenah, Inc., Term Loan, 3.50%, (3 mo. USD LIBOR + 3.00%, Floor 0.50%), 4/6/28			3,541		3,545,551
				$	21,705,909
Health Care — 8.8%
ADMI Corp., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 12/23/27			5,075	$	5,078,964
AEA International Holdings (Lux) S.a.r.l., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 9/7/28			11,700		11,743,875
AI Sirona (Luxembourg) Acquisition S.a.r.l., Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), 9/29/25	EUR		2,000		2,304,342
athenahealth, Inc., Term Loan, 4.377%, (3 mo. USD LIBOR + 4.25%), 2/11/26			24,648		24,752,594
Avantor Funding, Inc.:
Term Loan, 2.50%, (1 mo. USD LIBOR + 2.00%, Floor 0.50%), 11/21/24			3,358		3,359,660
Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 11/8/27			5,911		5,913,830
Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), 6/12/28	EUR		19,651		22,708,155
Bayou Intermediate II, LLC, Term Loan, 5.25%, (3 mo. USD LIBOR + 4.50%, Floor 0.75%), 8/2/28			8,250		8,280,937
Biogroup-LCD, Term Loan, 3.50%, (6 mo. EURIBOR + 3.50%), 1/28/28	EUR		1,650		1,900,030
BW NHHC Holdco, Inc., Term Loan, 5.125%, (3 mo. USD LIBOR + 5.00%), 5/15/25			13,862		12,291,289
CAB, Term Loan, 3.75%, (6 mo. EURIBOR + 3.75%), 2/9/28	EUR		7,150		8,267,465
Cano Health, LLC, Term Loan, 5.25%, (6 mo. USD LIBOR + 4.50%, Floor 0.75%), 11/19/27			9,643		9,658,905
CCRR Parent, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/6/28			3,881		3,901,113
CeramTec AcquiCo GmbH, Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), 3/7/25	EUR		16,970		19,532,638

37 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care (continued)
Cerba Healthcare S.A.S., Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 5/24/28	EUR		18,925	$	21,878,545
Certara L.P., Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 8/15/26			1,845		1,846,528
CHG Healthcare Services, Inc., Term Loan, 4.00%, (3 mo. USD LIBOR + 3.50%, Floor 0.50%), 9/29/28			12,775		12,795,402
CryoLife, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/1/27			6,784		6,806,183
Dedalus Finance GmbH, Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 5/4/27	EUR		16,850		19,464,690
Electron BidCo, Inc., Term Loan, 11/1/28(13)			13,900		13,901,737
Elsan S.A.S., Term Loan, 3.50%, (EURIBOR + 3.50%), 6/16/28(14)	EUR		4,100		4,736,310
Ensemble RCM, LLC, Term Loan, 3.879%, (3 mo. USD LIBOR + 3.75%), 8/3/26			11,622		11,654,675
Envision Healthcare Corporation, Term Loan, 3.837%, (1 mo. USD LIBOR + 3.75%), 10/10/25			47,303		39,232,213
eResearchTechnology, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), 2/4/27			2,189		2,202,989
GHX Ultimate Parent Corporation, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.25%, Floor 1.00%), 6/28/24			8,995		9,014,619
Hanger, Inc., Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 3/6/25			11,725		11,730,249
ICON Luxembourg S.a.r.l.:
Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 7/3/28			4,889		4,894,981
Term Loan, 3.00%, (3 mo. USD LIBOR + 2.50%, Floor 0.50%), 7/3/28			19,624		19,646,674
Inovalon Holdings, Inc., Term Loan, 2.875%, (1 mo. USD LIBOR + 2.75%), 4/2/25			11,885		11,886,875
IQVIA, Inc.:
Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 3/7/24			9,519		9,521,185
Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 1/17/25			12,472		12,474,342
IVC Acquisition Ltd.:
Term Loan, 3.50%, (1 mo. EURIBOR + 3.50%), 2/13/26	EUR		6,225		7,173,611
Term Loan, 4.30%, (1 mo. GBP SONIA + 4.25%), 2/13/26	GBP		950		1,298,150
Term Loan, 2/13/26(13)	EUR		19,100		22,104,437
MDVIP, Inc., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/16/28			3,375		3,384,491

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care (continued)
Medical Solutions, LLC:
Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), 6/14/24			12,043	$	12,068,489
Term Loan, 10/5/28(13)			2,792		2,797,671
Term Loan, 10/7/28(13)			14,658		14,687,770
Term Loan - Second Lien, 10/1/29(13)			6,500		6,500,000
Medline Industries, Inc., Term Loan, 10/23/28(13)			21,175		21,215,656
Mehilainen Yhtiot Oy, Term Loan, 3.625%, (3 mo. EURIBOR + 3.625%), 8/11/25	EUR		5,525		6,382,920
Midwest Physician Administrative Services, LLC, Term Loan, 4.00%, (3 mo. USD LIBOR + 3.25%, Floor 0.75%), 3/12/28			4,104		4,090,588
National Mentor Holdings, Inc.:
Term Loan, 3.75%, 3/2/28(12)			796		792,204
Term Loan, 4.50%, (USD LIBOR + 3.75%, Floor 0.75%), 3/2/28(14)			17,112		17,024,318
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/2/28			540		537,452
Term Loan - Second Lien, 8.00%, (3 mo. USD LIBOR + 7.25%, Floor 0.75%), 3/2/29			5,525		5,556,078
Navicure, Inc., Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 10/22/26			12,965		12,993,337
Option Care Health, Inc., Term Loan, 10/27/28(13)			5,050		5,050,000
Ortho-Clinical Diagnostics S.A., Term Loan, 3.08%, (1 mo. USD LIBOR + 3.00%), 6/30/25			16,226		16,238,281
Pacific Dental Services, LLC, Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 5/5/28			4,813		4,833,994
Padagis, LLC, Term Loan, 5.25%, (3 mo. USD LIBOR + 4.75%, Floor 0.50%), 7/6/28			8,425		8,451,328
Parexel International Corporation, Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 9/27/24			3,150		3,148,290
PetVet Care Centers, LLC, Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 2/14/25			3,958		3,962,645
Phoenix Guarantor, Inc.:
Term Loan, 3.338%, (1 mo. USD LIBOR + 3.25%), 3/5/26			19,153		19,045,609
Term Loan, 3.586%, (1 mo. USD LIBOR + 3.50%), 3/5/26			10,512		10,453,766
Press Ganey Holdings, Inc., Term Loan, 4.50%, (USD LIBOR + 3.75%, Floor 0.75%), 7/24/26(14)			2,494		2,504,660
Project Ruby Ultimate Parent Corp., Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 3/3/28			11,716		11,717,953
Radiology Partners, Inc., Term Loan, 4.336%, (1 mo. USD LIBOR + 4.25%), 7/9/25			34,817		34,823,773

38 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care (continued)
Radnet Management, Inc., Term Loan, 3.754%, (USD LIBOR + 3.00%, Floor 0.75%), 4/21/28(14)			13,391	$	13,385,465
Ramsay Generale de Sante S.A., Term Loan, 2.75%, (3 mo. EURIBOR + 2.75%), 4/22/27	EUR		9,100		10,517,137
Select Medical Corporation, Term Loan, 2.34%, (1 mo. USD LIBOR + 2.25%), 3/6/25			27,023		26,911,120
Signify Health, LLC, Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 6/22/28			3,375		3,370,781
Sotera Health Holdings, LLC, Term Loan, 3.25%, (3 mo. USD LIBOR + 2.75%, Floor 0.50%), 12/11/26			13,328		13,294,820
Sound Inpatient Physicians, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 6/27/25			2,369		2,368,693
Sunshine Luxembourg VII S.a.r.l., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 10/1/26			15,161		15,224,708
Surgery Center Holdings, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 8/31/26			24,354		24,438,362
Synlab Bondco PLC, Term Loan, 2.50%, (6 mo. EURIBOR + 2.50%), 7/1/27	EUR		2,125		2,444,635
Team Health Holdings, Inc., Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), 2/6/24			7,144		6,820,305
U.S. Anesthesia Partners, Inc., Term Loan, 4.75%, (6 mo. USD LIBOR + 4.25%, Floor 0.50%), 10/1/28			23,725		23,751,691
US Radiology Specialists, Inc., Term Loan, 6.25%, (3 mo. USD LIBOR + 5.50%, Floor 0.75%), 12/10/27			8,635		8,677,155
Verscend Holding Corp., Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 8/27/25			27,441		27,522,833
				$	790,947,170
Home Furnishings — 1.3%
ACProducts, Inc., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.25%, Floor 0.50%), 5/17/28			18,953	$	18,918,272
Conair Holdings, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 5/17/28			24,700		24,734,728
Mattress Firm, Inc., Term Loan, 5.00%, (6 mo. USD LIBOR + 4.25%, Floor 0.75%), 9/25/28			16,800		16,750,121
Serta Simmons Bedding, LLC:
Term Loan, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), 8/10/23			13,501		13,703,265
Term Loan - Second Lien, 8.50%, (1 mo. USD LIBOR + 7.50%, Floor 1.00%), 8/10/23			44,590		42,156,441
				$	116,262,827

Borrower/Description		Principal Amount* (000’s omitted)		Value
Industrial Equipment — 4.2%
AI Alpine AT Bidco GmbH, Term Loan, 3.00%, (3 mo. EURIBOR + 3.00%), 10/31/25	EUR		6,125	$	6,940,858
Albion Financing 3 S.a.r.l., Term Loan, 8/17/26(13)			18,675		18,581,625
Alliance Laundry Systems, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.50%, Floor 0.75%), 10/8/27			9,803		9,838,137
Altra Industrial Motion Corp., Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 10/1/25			6,190		6,166,341
American Trailer World Corp., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/3/28			14,439		14,390,082
Apex Tool Group, LLC, Term Loan, 6.50%, (1 mo. USD LIBOR + 5.25%, Floor 1.25%), 8/1/24			21,577		21,625,058
CFS Brands, LLC, Term Loan, 4.00%, (6 mo. USD LIBOR + 3.00%, Floor 1.00%), 3/20/25			3,672		3,630,982
Clark Equipment Company:
Term Loan, 1.967%, (3 mo. USD LIBOR + 1.84%), 5/18/24			9,932		9,879,204
Term Loan, 2.382%, (3 mo. USD LIBOR + 2.25%), 5/18/24			4,726		4,714,434
CPM Holdings, Inc., Term Loan, 3.582%, (1 mo. USD LIBOR + 3.50%), 11/17/25			3,208		3,197,736
Delachaux Group S.A., Term Loan, 4.629%, (3 mo. USD LIBOR + 4.50%), 4/16/26			4,998		4,988,629
DexKo Global, Inc.:
Term Loan, 0.00%, 10/4/28(12)			2,172		2,174,715
Term Loan, 0.00%, 10/4/28(12)	EUR		1,012		1,169,600
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), 9/22/28	EUR		3,272		3,780,047
Term Loan, 4.00%, (3 mo. EURIBOR + 4.00%), 9/22/28	EUR		6,291		7,268,939
Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 10/4/28			11,403		11,417,254
DXP Enterprises, Inc., Term Loan, 5.75%, (1 mo. USD LIBOR + 4.75%, Floor 1.00%), 12/16/27			4,268		4,271,753
Dynacast International, LLC:
Term Loan, 5.75%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), 7/22/25			14,290		14,325,722
Term Loan, 10.25%, (3 mo. USD LIBOR + 9.25%, Floor 1.00%), 10/22/25			3,096		3,188,916
Engineered Machinery Holdings, Inc.:
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 5/5/28	EUR		10,875		12,558,927
Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 5/19/28			17,398		17,450,364
Term Loan - Second Lien, 6.75%, (3 mo. USD LIBOR + 6.00%, Floor 0.75%), 5/21/29			2,000		2,020,000

39 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Industrial Equipment (continued)
EWT Holdings III Corp., Term Loan, 2.625%, (1 mo. USD LIBOR + 2.50%), 4/1/28			8,579	$	8,533,823
Filtration Group Corporation:
Term Loan, 3.088%, (1 mo. USD LIBOR + 3.00%), 3/29/25			6,464		6,406,386
Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 3/29/25	EUR		2,976		3,439,385
Term Loan, 10/21/28(13)			8,975		8,983,975
GrafTech Finance, Inc., Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 2/12/25			4,974		4,986,619
Granite Holdings US Acquisition Co., Term Loan, 4.132%, (3 mo. USD LIBOR + 4.00%), 9/30/26			14,472		14,464,795
Harsco Corporation, Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 3/10/28			3,441		3,436,000
Hayward Industries, Inc., Term Loan, 3.00%, (1 mo. USD LIBOR + 2.50%, Floor 0.50%), 5/12/28			7,481		7,472,564
LTI Holdings, Inc.:
Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 9/6/25			5,723		5,659,126
Term Loan, 4.837%, (1 mo. USD LIBOR + 4.75%), 7/24/26			1,922		1,923,476
Term Loan, 4.837%, (1 mo. USD LIBOR + 4.75%), 7/24/26			2,058		2,061,859
Term Loan, 4.837%, (1 mo. USD LIBOR + 4.75%), 7/24/26			3,195		3,197,779
Madison IAQ, LLC, Term Loan, 3.75%, (6 mo. USD LIBOR + 3.25%, Floor 0.50%), 6/21/28			29,152		29,139,781
Minimax Viking GmbH, Term Loan, 2.75%, (1 mo. EURIBOR + 2.75%), 7/31/25	EUR		1,875		2,162,989
Quimper AB, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 2/16/26	EUR		20,175		23,170,819
Rexnord, LLC, Term Loan, 2.75%, (1 mo. USD LIBOR + 2.25%, Floor 0.50%), 10/4/28			3,975		3,983,447
Robertshaw US Holding Corp., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), 2/28/25			17,163		16,631,699
SiteOne Landscape Supply, LLC, Term Loan, 2.50%, (3 mo. USD LIBOR + 2.00%, Floor 0.50%), 3/23/28			4,378		4,383,472
Tiger Acquisition, LLC, Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 6/1/28			6,958		6,924,020
Titan Acquisition Limited, Term Loan, 3.167%, (3 mo. USD LIBOR + 3.00%), 3/28/25			20,673		20,340,008
Vertical US Newco, Inc., Term Loan, 4.00%, (6 mo. USD LIBOR + 3.50%, Floor 0.50%), 7/30/27			7,651		7,673,282
Welbilt, Inc., Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 10/23/25			1,000		997,500

Borrower/Description		Principal Amount* (000’s omitted)		Value
Industrial Equipment (continued)
Zephyr German BidCo GmbH, Term Loan, 3.75%, (1 mo. EURIBOR + 3.75%), 3/10/28	EUR		9,775	$	11,298,486
				$	380,850,613
Insurance — 1.8%
Alliant Holdings Intermediate, LLC:
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 5/9/25			4,814	$	4,778,900
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 5/9/25			5,892		5,853,583
AmWINS Group, Inc., Term Loan, 3.00%, (1 mo. USD LIBOR + 2.25%, Floor 0.75%), 2/19/28			31,388		31,213,091
AssuredPartners, Inc., Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 2/12/27			8,995		8,948,935
Asurion, LLC:
Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 11/3/24			2,177		2,163,722
Term Loan, 3.212%, (1 mo. USD LIBOR + 3.13%), 11/3/23			18,409		18,377,971
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 12/23/26			3,474		3,441,545
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 7/31/27			11,841		11,739,358
Term Loan - Second Lien, 5.337%, (1 mo. USD LIBOR + 5.25%), 1/31/28			14,540		14,505,162
Financiere CEP S.A.S., Term Loan, 4.00%, (1 mo. EURIBOR + 4.00%), 6/18/27	EUR		4,125		4,795,918
FrontDoor, Inc., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 6/17/28			873		871,994
Hub International Limited, Term Loan, 2.875%, (3 mo. USD LIBOR + 2.75%), 4/25/25			15,332		15,182,309
NFP Corp., Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 2/15/27			25,726		25,477,692
USI, Inc.:
Term Loan, 3.132%, (3 mo. USD LIBOR + 3.00%), 5/16/24			6,450		6,410,457
Term Loan, 3.382%, (3 mo. USD LIBOR + 3.25%), 12/2/26			3,459		3,438,067
				$	157,198,704
Leisure Goods / Activities / Movies — 4.0%
AMC Entertainment Holdings, Inc., Term Loan, 3.086%, (1 mo. USD LIBOR + 3.00%), 4/22/26			15,704	$	14,537,810
Amer Sports Oyj, Term Loan, 4.50%, (6 mo. EURIBOR + 4.50%), 3/30/26	EUR		11,925		13,797,609
Bombardier Recreational Products, Inc., Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 5/24/27			44,058		43,526,956

40 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Leisure Goods / Activities / Movies (continued)
Carnival Corporation:
Term Loan, 3.75%, (3 mo. EURIBOR + 3.75%), 6/30/25	EUR		2,910	$	3,362,815
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.00%, Floor 0.75%), 6/30/25			3,756		3,752,459
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.25%, Floor 0.75%), 10/18/28			32,025		32,029,996
City Football Group Limited, Term Loan, 4.00%, (6 mo. USD LIBOR + 3.50%, Floor 0.50%), 7/21/28			14,300		14,228,500
ClubCorp Holdings, Inc., Term Loan, 2.882%, (3 mo. USD LIBOR + 2.75%), 9/18/24			21,382		20,228,271
Creative Artists Agency, LLC, Term Loan, 11/27/26(13)			3,750		3,736,815
Crown Finance US, Inc.:
Term Loan, 3.50%, (6 mo. USD LIBOR + 2.50%, Floor 1.00%), 2/28/25			24,492		20,323,693
Term Loan, 9.25%, (6 mo. USD LIBOR + 8.25%, Floor 1.00%), 5/23/24			2,800		3,027,309
Term Loan, 15.25%, (7.00% cash, 8.25% PIK), 5/23/24(16)			5,995		7,313,754
Delta 2 (LUX) S.a.r.l., Term Loan, 3.50%, (1 mo. USD LIBOR + 2.50%, Floor 1.00%), 2/1/24			30,011		29,964,425
Etraveli Holding AB, Term Loan, 4.50%, (3 mo. EURIBOR + 4.50%), 8/2/24	EUR		7,950		9,135,628
Herschend Entertainment Company, LLC, Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 8/27/28			4,150		4,170,750
LABL, Inc., Term Loan, 10/29/28(13)			8,725		8,685,013
Lindblad Expeditions, Inc.:
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), 4.75% cash, 1.25% PIK, 3/27/25			1,389		1,340,479
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.25%, Floor 0.75%), 4.75% cash, 1.25% PIK, 3/27/25			5,556		5,361,915
Live Nation Entertainment, Inc., Term Loan, 1.875%, (1 mo. USD LIBOR + 1.75%), 10/17/26			15,790		15,513,523
Match Group, Inc., Term Loan, 1.874%, (3 mo. USD LIBOR + 1.75%), 2/13/27			6,450		6,393,562
Playtika Holding Corp., Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 3/13/28			21,500		21,495,407
Sandy BidCo B.V., Term Loan, 6/12/28(13)	EUR		14,258		16,518,755
SeaWorld Parks & Entertainment, Inc., Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 8/25/28			10,075		10,063,454
SRAM, LLC, Term Loan, 3.25%, (USD LIBOR + 2.75%, Floor 0.50%), 5/12/28(14)			2,682		2,682,149

Borrower/Description		Principal Amount* (000’s omitted)		Value
Leisure Goods / Activities / Movies (continued)
Steinway Musical Instruments, Inc., Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 2/14/25			1,356	$	1,345,812
Travel Leaders Group, LLC, Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 1/25/24			15,153		14,409,187
UFC Holdings, LLC, Term Loan, 3.50%, (6 mo. USD LIBOR + 2.75%, Floor 0.75%), 4/29/26			26,408		26,292,907
Vue International Bidco PLC, Term Loan, 4.75%, (6 mo. EURIBOR + 4.75%), 7/3/26	EUR		3,878		4,249,094
WMG Acquisition Corp., Term Loan, 2.212%, (1 mo. USD LIBOR + 2.13%), 1/20/28			500		497,986
				$	357,986,033
Lodging and Casinos — 1.9%
Aristocrat Technologies, Inc., Term Loan, 1.882%, (3 mo. USD LIBOR + 1.75%), 10/19/24			7,466	$	7,427,220
Boyd Gaming Corporation, Term Loan, 2.324%, (1 week USD LIBOR + 2.25%), 9/15/23			2,029		2,029,426
Churchill Downs Incorporated, Term Loan, 2.09%, (1 mo. USD LIBOR + 2.00%), 12/27/24			3,369		3,364,539
Four Seasons Hotels Limited, Term Loan, 2.087%, (1 mo. USD LIBOR + 2.00%), 11/30/23			4,594		4,590,164
Golden Nugget, Inc.:
Term Loan, 3.25%, (USD LIBOR + 2.50%, Floor 0.75%), 10/4/23(14)			26,988		26,879,718
Term Loan, 13.00%, (3 mo. USD LIBOR + 12.00%, Floor 1.00%), 10/4/23			1,875		2,048,438
GVC Holdings PLC, Term Loan, 2.25%, (6 mo. EURIBOR + 2.25%), 3/29/24	EUR		21,225		24,329,920
Hilton Grand Vacations Borrower, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 8/2/28			9,125		9,154,656
Oravel Stays Singapore Pte. Ltd., Term Loan, 9.00%, (3 mo. USD LIBOR + 8.25%, Floor 0.75%), 6/23/26			5,461		5,898,217
Playa Resorts Holding B.V., Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), 4/29/24			19,872		19,436,182
Raptor Acquisition Corp., Term Loan, 4.75%, (3 mo. USD LIBOR + 4.00%, Floor 0.75%), 11/1/26			7,114		7,159,561
Sportradar Capital S.a.r.l., Term Loan, 4.25%, (6 mo. EURIBOR + 4.25%), 11/22/27	EUR		3,550		4,122,607
Stars Group Holdings B.V. (The):
Term Loan, 2.382%, (3 mo. USD LIBOR + 2.25%), 7/21/26			24,125		24,063,433
Term Loan, 2.50%, (3 mo. EURIBOR + 2.50%), 7/21/26	EUR		11,225		13,000,429

41 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Lodging and Casinos (continued)
Twin River Worldwide Holdings, Inc., Term Loan, 3.75%, (3 mo. USD LIBOR + 3.25%, Floor 0.50%), 8/6/28			13,000	$	13,007,319
				$	166,511,829
Nonferrous Metals / Minerals — 0.3%
American Consolidated Natural Resources, Inc., Term Loan, 17.00%, (3 mo. USD LIBOR + 16.00%, Floor 1.00%), 14.00% cash, 3.00% PIK, 9/16/25			3,979	$	4,081,854
Oxbow Carbon, LLC, Term Loan, 5.00%, (1 mo. USD LIBOR + 4.25%, Floor 0.75%), 10/13/25			5,780		5,803,174
Rain Carbon GmbH, Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), 1/16/25	EUR		15,625		17,934,561
				$	27,819,589
Oil and Gas — 2.0%
Ameriforge Group, Inc.:
Term Loan, 12.57%, (1 mo. USD LIBOR + 13.00%, Floor 1.00%), 12/31/23(12)			2,945	$	1,464,934
Term Loan, 14.00%, (3 mo. USD LIBOR + 13.00%, Floor 1.00%), 9.00% cash, 5.00% PIK, 12/31/23			23,158		11,521,295
Apergy Corporation:
Term Loan, 2.625%, (1 mo. USD LIBOR + 2.50%), 5/9/25			328		327,318
Term Loan, 6.00%, (1 mo. USD LIBOR + 5.00%, Floor 1.00%), 6/3/27			1,594		1,622,305
Buckeye Partners L.P., Term Loan, 2.334%, (1 mo. USD LIBOR + 2.25%), 11/1/26			13,396		13,346,824
Centurion Pipeline Company, LLC:
Term Loan, 3.337%, (1 mo. USD LIBOR + 3.25%), 9/29/25			3,136		3,120,631
Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 9/28/25			1,638		1,626,366
CITGO Holding, Inc., Term Loan, 8.00%, (6 mo. USD LIBOR + 7.00%, Floor 1.00%), 8/1/23			2,524		2,515,614
CITGO Petroleum Corporation, Term Loan, 7.25%, (3 mo. USD LIBOR + 6.25%, Floor 1.00%), 3/28/24			22,903		23,020,758
CQP Holdco L.P., Term Loan, 4.25%, (3 mo. USD LIBOR + 3.75%, Floor 0.50%), 6/5/28			21,945		21,938,153
Delek US Holdings, Inc.:
Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 3/31/25			3,381		3,289,102
Term Loan, 6.50%, (1 mo. USD LIBOR + 5.50%, Floor 1.00%), 3/31/25			5,798		5,826,594

Borrower/Description		Principal Amount* (000’s omitted)		Value
Oil and Gas (continued)
Gulf Finance, LLC, Term Loan, 6.25%, (1 mo. USD LIBOR + 5.25%, Floor 1.00%), 8/25/23			1,990	$	1,923,632
ITT Holdings, LLC, Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 7/10/28			7,450		7,440,688
Lealand Finance Company B.V., Term Loan, 4.087%, (1 mo. USD LIBOR + 4.00%), 1.087% cash, 3.00% PIK, 6/30/25			2,369		1,115,941
Matador Bidco S.a.r.l., Term Loan, 4.837%, (1 mo. USD LIBOR + 4.75%), 10/15/26			30,229		30,331,429
McDermott Technology Americas, Inc., DIP Letter of Credit, 4.475%, 6/28/24(12)			9,039		6,779,527
Oryx Midstream Services Permian Basin, LLC, Term Loan, 3.75%, (1 mo. USD LIBOR + 3.25%, Floor 0.50%), 10/5/28			9,750		9,725,625
Prairie ECI Acquiror L.P., Term Loan, 4.837%, (1 mo. USD LIBOR + 4.75%), 3/11/26			5,957		5,765,862
QuarterNorth Energy Holding, Inc., Term Loan - Second Lien, 9.00%, (3 mo. USD LIBOR + 8.00%, Floor 1.00%), 8/27/26			5,729		5,764,962
RDV Resources Properties, LLC, Term Loan, 9.50%, (1 mo. USD LIBOR + 8.50%, Floor 1.00%), 3/29/24			5,656		4,185,072
Sunrise Oil & Gas Properties, LLC:
Term Loan, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), 1/17/23			2,062		2,033,489
Term Loan - Second Lien, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), 1/17/23			2,196		2,166,166
Term Loan - Third Lien, 8.00%, (1 mo. USD LIBOR + 7.00%, Floor 1.00%), 1/17/23			2,537		2,502,531
UGI Energy Services, LLC, Term Loan, 3.837%, (1 mo. USD LIBOR + 3.75%), 8/13/26			10,044		10,084,610
				$	179,439,428
Publishing — 0.6%
Adevinta ASA:
Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 6/26/28	EUR		8,075	$	9,346,899
Term Loan, 3.75%, (3 mo. USD LIBOR + 3.00%, Floor 0.75%), 6/26/28			2,170		2,173,969
Alchemy Copyrights, LLC, Term Loan, 3.50%, (1 mo. USD LIBOR + 3.00%, Floor 0.50%), 3/10/28			3,589		3,597,790
Ascend Learning, LLC:
Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 7/12/24			5,283		5,298,464
Term Loan, 7/12/24(13)			3,179		3,180,936
Axel Springer S.E., Term Loan, 5.00%, (3 mo. EURIBOR + 5.00%), 12/18/26	EUR		2,000		2,317,780

42 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Publishing (continued)
Getty Images, Inc.:
Term Loan, 4.587%, (1 mo. USD LIBOR + 4.50%), 2/19/26			23,184	$	23,241,471
Term Loan, 5.00%, (1 mo. EURIBOR + 5.00%), 2/19/26	EUR		3,724		4,319,807
Tweddle Group, Inc., Term Loan, 5.50%, (1 mo. USD LIBOR + 4.50%, Floor 1.00%), 9/17/23			1,717		1,694,315
				$	55,171,431
Radio and Television — 1.6%
Diamond Sports Group, LLC, Term Loan, 3.34%, (1 mo. USD LIBOR + 3.25%), 8/24/26			23,360	$	12,357,591
Entercom Media Corp., Term Loan, 2.587%, (1 mo. USD LIBOR + 2.50%), 11/18/24			1,398		1,386,778
Entravision Communications Corporation, Term Loan, 2.837%, (1 mo. USD LIBOR + 2.75%), 11/29/24			7,241		7,192,673
Gray Television, Inc., Term Loan, 10/20/28(13)			11,925		11,928,720
Hubbard Radio, LLC, Term Loan, 5.25%, (1 mo. USD LIBOR + 4.25%, Floor 1.00%), 3/28/25			7,224		7,237,201
iHeartCommunications, Inc., Term Loan, 3.087%, (1 mo. USD LIBOR + 3.00%), 5/1/26			2,365		2,350,825
Mission Broadcasting, Inc., Term Loan, 2.582%, (1 mo. USD LIBOR + 2.50%), 5/26/28			3,691		3,690,750
Nexstar Broadcasting, Inc.:
Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 1/17/24			16,854		16,839,870
Term Loan, 2.582%, (1 mo. USD LIBOR + 2.50%), 9/18/26			9,508		9,505,299
Sinclair Television Group, Inc.:
Term Loan, 2.59%, (1 mo. USD LIBOR + 2.50%), 9/30/26			6,297		6,220,747
Term Loan, 3.09%, (1 mo. USD LIBOR + 3.00%), 4/1/28			23,136		22,851,675
Terrier Media Buyer, Inc., Term Loan, 3.587%, (1 mo. USD LIBOR + 3.50%), 12/17/26			19,006		18,957,668
Univision Communications, Inc.:
Term Loan, 3.75%, (1 mo. USD LIBOR + 2.75%, Floor 1.00%), 3/15/24			22,091		22,092,772
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.25%, Floor 0.75%), 3/15/26			3,367		3,367,613
				$	145,980,182
Retailers (Except Food and Drug) — 1.3%
BJ’s Wholesale Club, Inc., Term Loan, 2.084%, (1 mo. USD LIBOR + 2.00%), 2/3/24			1,318	$	1,320,273

Borrower/Description	Principal Amount* (000’s omitted)		Value
Retailers (Except Food and Drug) (continued)
CNT Holdings I Corp., Term Loan, 4.50%, (6 mo. USD LIBOR + 3.75%, Floor 0.75%), 11/8/27		6,107	$	6,124,197
David’s Bridal, Inc.:
Term Loan, 7.00%, (3 mo. USD LIBOR + 6.00%, Floor 1.00%), 6/30/23		4,384		4,076,023
Term Loan, 11.00%, (3 mo. USD LIBOR + 10.00%, Floor 1.00%), 6.00% cash, 5.00% PIK, 6/23/23		3,749		3,735,396
Gloves Buyer, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 1/20/28		8,010		8,019,762
Go Wireless, Inc., Term Loan, 7.50%, (1 mo. USD LIBOR + 6.50%, Floor 1.00%), 12/22/24		5,790		5,818,737
Great Outdoors Group, LLC, Term Loan, 5.00%, (3 mo. USD LIBOR + 4.25%, Floor 0.75%), 3/6/28		39,973		40,180,804
Harbor Freight Tools USA, Inc., Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 10/19/27		29,517		29,478,573
Hoya Midco, LLC, Term Loan, 4.50%, (1 mo. USD LIBOR + 3.50%, Floor 1.00%), 6/30/24		5,279		5,276,425
PetSmart, Inc., Term Loan, 4.50%, (3 mo. USD LIBOR + 3.75%, Floor 0.75%), 2/11/28		15,191		15,230,510
Phillips Feed Service, Inc., Term Loan, 8.00%, (3 mo. USD LIBOR + 7.00%, Floor 1.00%), 11/13/24(6)		480		384,261
Pier 1 Imports (U.S.), Inc., Term Loan, 0.00%, 4/30/22(6)(15)		254		203,488
			$	119,848,449
Steel — 0.4%
Atkore International, Inc., Term Loan, 2.50%, (3 mo. USD LIBOR + 2.00%, Floor 0.50%), 5/26/28		7,670	$	7,660,225
Phoenix Services International, LLC, Term Loan, 4.75%, (1 mo. USD LIBOR + 3.75%, Floor 1.00%), 3/1/25		8,618		8,572,438
TMS International Corp., Term Loan, 3.75%, (USD LIBOR + 2.75%, Floor 1.00%), 8/14/24(14)		1,787		1,784,267
Zekelman Industries, Inc., Term Loan, 2.086%, (1 mo. USD LIBOR + 2.00%), 1/24/27		19,852		19,697,253
			$	37,714,183
Surface Transport — 0.6%
Avis Budget Car Rental, LLC, Term Loan, 1.84%, (1 mo. USD LIBOR + 1.75%), 8/6/27		7,067	$	6,929,303
Hertz Corporation (The):
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 6/30/28		2,577		2,582,901

43 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Surface Transport (continued)
Hertz Corporation (The): (continued)
Term Loan, 4.00%, (1 mo. USD LIBOR + 3.50%, Floor 0.50%), 6/30/28			13,639	$	13,670,926
Kenan Advantage Group, Inc., Term Loan, 4.50%, (1 mo. USD LIBOR + 3.75%, Floor 0.75%), 3/24/26			22,368		22,395,466
PODS, LLC, Term Loan, 3.75%, (1 mo. USD LIBOR + 3.00%, Floor 0.75%), 3/31/28			3,881		3,880,155
XPO Logistics, Inc., Term Loan, 1.83%, (1 mo. USD LIBOR + 1.75%), 2/24/25			4,275		4,254,159
				$	53,712,910
Telecommunications — 2.6%
Avaya, Inc., Term Loan, 4.09%, (1 mo. USD LIBOR + 4.00%), 12/15/27			1,600	$	1,605,571
CenturyLink, Inc., Term Loan, 2.337%, (1 mo. USD LIBOR + 2.25%), 3/15/27			50,537		50,020,699
Ciena Corporation, Term Loan, 1.836%, (1 mo. USD LIBOR + 1.75%), 9/26/25			1,894		1,897,329
Cyxtera DC Holdings, Inc.:
Term Loan, 4.00%, (6 mo. USD LIBOR + 3.00%, Floor 1.00%), 5/1/24			22,237		22,143,654
Term Loan, 5/1/24(13)			3,160		3,160,468
Digicel International Finance Limited, Term Loan, 3.43%, (6 mo. USD LIBOR + 3.25%), 5/28/24			14,205		13,843,937
GEE Holdings 2, LLC:
Term Loan, 9.00%, (3 mo. USD LIBOR + 8.00%, Floor 1.00%), 3/24/25			9,639		9,627,068
Term Loan - Second Lien, 9.25%, (3 mo. USD LIBOR + 8.25%, Floor 1.00%), 2.50% cash, 6.75% PIK, 3/23/26			6,415		5,805,356
Intelsat Jackson Holdings S.A.:
DIP Loan, 5.392%, (3 mo. USD LIBOR + 4.75%, Floor 1.00%), 10/13/22(12)			12,846		12,910,331
Term Loan, 8.00%, (USD Prime + 4.75%), 11/27/23			15,550		15,720,086
Term Loan, 8.75%, (USD Prime + 5.50%), 1/2/24			15,794		16,037,552
Level 3 Financing, Inc., Term Loan, 1.837%, (1 mo. USD LIBOR + 1.75%), 3/1/27			1,098		1,084,757
Onvoy, LLC, Term Loan, 5.50%, (3 mo. USD LIBOR + 4.50%, Floor 1.00%), 2/10/24			11,847		11,851,781
Syniverse Holdings, Inc., Term Loan, 6.00%, (3 mo. USD LIBOR + 5.00%, Floor 1.00%), 3/9/23			11,001		11,008,888
Zayo Group Holdings, Inc., Term Loan, 3.25%, (1 mo. EURIBOR + 3.25%), 3/9/27	EUR		4,183		4,744,110

Borrower/Description	Principal Amount* (000’s omitted)		Value
Telecommunications (continued)
Ziggo Financing Partnership, Term Loan, 2.59%, (1 mo. USD LIBOR + 2.50%), 4/30/28		47,575	$	47,106,672
			$	228,568,259
Utilities — 0.3%
Brookfield WEC Holdings, Inc., Term Loan, 3.25%, (1 mo. USD LIBOR + 2.75%, Floor 0.50%), 8/1/25		7,679	$	7,633,964
Calpine Corporation:
Term Loan, 2.09%, (1 mo. USD LIBOR + 2.00%), 4/5/26		4,466		4,419,793
Term Loan, 2.59%, (1 mo. USD LIBOR + 2.50%), 12/16/27		10,789		10,762,496
Longview Power, LLC, Term Loan, 11.50%, (3 mo. USD LIBOR + 10.00%, Floor 1.50%), 7/30/25		590		600,691
USIC Holdings, Inc., Term Loan, 4.25%, (1 mo. USD LIBOR + 3.50%, Floor 0.75%), 5/12/28		6,050		6,050,944
			$	29,467,888
Total Senior Floating-Rate Loans (identified cost $7,866,056,717)			$	7,797,825,913
Warrants — 0.1%
Security	Shares		Value
Leisure Goods / Activities / Movies — 0.0%(9)
Cineworld Group PLC, Exp. 11/23/25(7)(8)		1,791,400	$	483,215
			$	483,215
Oil and Gas — 0.1%
QuarterNorth Energy, Inc., Exp. 8/27/28(7)(8)		60,735	$	6,286,072
			$	6,286,072
Retailers (Except Food and Drug) — 0.0%
David’s Bridal, LLC, Exp. 11/26/22(6)(7)(8)		51,888	$	0
			$	0
Total Warrants (identified cost $0)			$	6,769,287

44 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Short-Term Investments — 7.4%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.09%(17)		667,360,691	$	667,360,691
Total Short-Term Investments (identified cost $667,360,691)			$	667,360,691
Total Investments — 105.3% (identified cost $9,536,564,197)			$	9,465,358,318
Less Unfunded Loan Commitments — (0.3)%			$	(26,389,547	)
Net Investments — 105.0% (identified cost $9,510,174,650)			$	9,438,968,771
Other Assets, Less Liabilities — (5.0)%			$	(452,187,000	)
Net Assets — 100.0%			$	8,986,781,771

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

* In U.S. dollars unless otherwise indicated.

⁽¹⁾ Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At October 31, 2021, the aggregate value of these securities is $835,640,893 or 9.3% of the Portfolio’s net assets.

⁽²⁾ Variable rate security. The stated interest rate represents the rate in effect at October 31, 2021.

⁽³⁾ Variable rate security whose interest rate will be determined after October 31, 2021.

⁽⁴⁾ When-issued, variable rate security whose interest rate will be determined after October 31, 2021.

⁽⁵⁾ Affiliated company (see Note 8).

⁽⁶⁾ For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 9).

⁽⁷⁾ Non-income producing security.

⁽⁸⁾ Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

⁽⁹⁾ Amount is less than 0.05%.

⁽¹⁰⁾ Restricted security (see Note 5).

⁽¹¹⁾ Senior floating-rate loans (Senior Loans) often require prepayments from excess cash flows or permit the borrowers to repay at their election. The degree to which borrowers repay, whether as a contractual requirement or at their election, cannot be predicted with accuracy. As a result, the actual remaining maturity may be substantially less than the stated maturities shown. However, Senior Loans will typically have an expected average life of approximately two to four years. Senior Loans typically have rates of interest which are redetermined periodically by reference to a base lending rate, plus a spread. These base lending rates are primarily the London Interbank Offered Rate (“LIBOR”) and secondarily, the prime rate offered by one or more major United States banks (the “Prime Rate”). Base lending rates may be subject to a floor, or a minimum rate. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

⁽¹²⁾ Unfunded or partially unfunded loan commitments. The stated interest rate reflects the weighted average of the reference rate and spread for the funded portion, if any, and the commitment fees on the portion of the loan that is unfunded. At October 31, 2021, the total value of unfunded loan commitments is $24,018,264. See Note 1F for description.

⁽¹³⁾ This Senior Loan will settle after October 31, 2021, at which time the interest rate will be determined.

⁽¹⁴⁾ The stated interest rate represents the weighted average interest rate at October 31, 2021 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either weekly, monthly or quarterly by reference to the indicated base lending rate and spread and the reset period.

⁽¹⁵⁾ Issuer is in default with respect to interest and/or principal payments. For a variable rate security, interest rate has been adjusted to reflect non-accrual status.

⁽¹⁶⁾ Fixed-rate loan.

⁽¹⁷⁾ Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of October 31, 2021.

45 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Portfolio of Investments — continued

Forward Foreign Currency Exchange Contracts
Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
EUR	191,226,242	USD	221,296,569	Standard Chartered Bank		11/2/21	$	—	$	(239,057	)
USD	200,532,238	EUR	172,938,197	Standard Chartered Bank		11/2/21		615,705		—
USD	21,236,246	EUR	18,288,045	State Street Bank and Trust Company		11/2/21		95,268		—
USD	59,095,975	EUR	50,000,000	HSBC Bank USA, N.A.		11/30/21		1,264,530		—
USD	59,063,930	EUR	50,000,000	HSBC Bank USA, N.A.		11/30/21		1,232,485		—
USD	59,088,595	EUR	50,000,000	Standard Chartered Bank		11/30/21		1,257,150		—
USD	68,315,360	EUR	57,825,159	State Street Bank and Trust Company		11/30/21		1,433,110		—
USD	14,093,306	EUR	12,000,000	State Street Bank and Trust Company		11/30/21		213,760		—
USD	8,292,208	EUR	7,000,000	State Street Bank and Trust Company		11/30/21		195,806		—
USD	699,277	EUR	601,196	State Street Bank and Trust Company		11/30/21		3,916		—
USD	221,421,026	EUR	191,226,242	Standard Chartered Bank		12/2/21		234,629		—
USD	45,592,787	EUR	39,414,978	HSBC Bank USA, N.A.		12/30/21		—		(42,006	)
USD	137,296,085	EUR	118,215,948	State Street Bank and Trust Company		12/30/21		425,265		—
USD	74,073,208	EUR	63,774,709	State Street Bank and Trust Company		12/30/21		234,637		—
USD	49,390,335	EUR	42,516,472	State Street Bank and Trust Company		12/30/21		164,622		—
USD	4,988,257	EUR	4,264,057	State Street Bank and Trust Company		12/31/21		51,145		—
USD	21,942,241	GBP	15,968,594	State Street Bank and Trust Company		1/31/22		83,511		—
USD	22,331,708	GBP	16,254,865	State Street Bank and Trust Company		1/31/22		81,116		—
							$	7,586,655	$	(281,063	)

Abbreviations:

DIP	–	Debtor In Possession
EURIBOR	–	Euro Interbank Offered Rate
LIBOR	–	London Interbank Offered Rate
PIK	–	Payment In Kind
SONIA	–	Sterling Overnight Interbank Average

Currency Abbreviations:

EUR	–	Euro
GBP	–	British Pound Sterling
USD	–	United States Dollar

46 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Statement of Assets and Liabilities

Assets	October 31, 2021
Unaffiliated investments, at value (identified cost, $8,840,468,551)	$	8,761,534,492
Affiliated investments, at value (identified cost, $669,706,099)		677,434,279
Cash		123,419,011
Deposits for derivatives collateral — forward foreign currency exchange contracts		840,000
Foreign currency, at value (identified cost, $33,560,728)		33,525,450
Interest receivable		25,774,090
Dividends receivable from affiliated investments		23,171
Receivable for investments sold		10,263,349
Receivable for open forward foreign currency exchange contracts		7,586,655
Other receivables		2,137,539
Prepaid expenses		573,787
Total assets	$	9,643,111,823
Liabilities
Payable for investments purchased	$	649,309,855
Payable for when-issued securities		1,500,000
Payable for open forward foreign currency exchange contracts		281,063
Payable to affiliates:
Investment adviser fee		3,673,653
Trustees’ fees		9,042
Accrued expenses		1,556,439
Total liabilities	$	656,330,052
Net Assets applicable to investors’ interest in Portfolio	$	8,986,781,771

47 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Statement of Operations

Investment Income	Year Ended October 31, 2021
Interest and other income	$	292,253,734
Dividends (net of foreign taxes, $171,797)		4,850,123
Dividends from affiliated investments		451,195
Total investment income	$	297,555,052
Expenses
Investment adviser fee	$	36,249,354
Trustees’ fees and expenses		108,455
Custodian fee		1,363,186
Legal and accounting services		468,698
Interest expense and fees		2,245,707
Miscellaneous		312,909
Total expenses	$	40,748,309
Net investment income	$	256,806,743
Realized and Unrealized Gain (Loss)
Net realized gain (loss) —
Investment transactions	$	(8,482,886	)
Investment transactions — affiliated investments		(191	)
Foreign currency transactions		3,718,429
Forward foreign currency exchange contracts		13,919,724
Net realized gain	$	9,155,076
Change in unrealized appreciation (depreciation) —
Investments	$	243,823,143
Investments — affiliated investments		(22,292,157	)
Foreign currency		708,407
Forward foreign currency exchange contracts		2,507,089
Net change in unrealized appreciation (depreciation)	$	224,746,482
Net realized and unrealized gain	$	233,901,558
Net increase in net assets from operations	$	490,708,301

48 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Statements of Changes in Net Assets

	Year Ended October 31,
Increase (Decrease) in Net Assets	2021			2020
From operations —
Net investment income	$	256,806,743		$	271,089,792
Net realized gain (loss)		9,155,076			(327,446,076	)
Net change in unrealized appreciation (depreciation)		224,746,482			33,872,092
Net increase (decrease) in net assets from operations	$	490,708,301		$	(22,484,192	)
Capital transactions —
Contributions	$	3,163,957,748		$	266,696,978
Withdrawals		(317,385,727	)		(2,561,352,547	)
Net increase (decrease) in net assets from capital transactions	$	2,846,572,021		$	(2,294,655,569	)
Net increase (decrease) in net assets	$	3,337,280,322		$	(2,317,139,761	)
Net Assets
At beginning of year	$	5,649,501,449		$	7,966,641,210
At end of year	$	8,986,781,771		$	5,649,501,449

49 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Financial Highlights

	Year Ended October 31,
Ratios/Supplemental Data	2021			2020			2019			2018			2017
Ratios (as a percentage of average daily net assets):
Expenses		0.56	%		0.59	%		0.55	%		0.54	%		0.56	%
Net investment income		3.51	%		4.17	%		5.09	%		4.38	%		4.07	%
Portfolio Turnover		26	%		28	%		16	%		30	%		42	%
Total Return		7.80	%		1.18	%		1.64	%		5.05	%		5.69	%
Net assets, end of year (000’s omitted)	$	8,986,782		$	5,649,501		$	7,966,641		$	11,502,389		$	9,795,966

50 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements

1  Significant Accounting Policies

Eaton Vance Floating Rate Portfolio (the Portfolio) is a Massachusetts business trust registered under the Investment Company Act of 1940, as amended (the 1940 Act), as a diversified, open-end management investment company. The Portfolio’s investment objective is to provide a high level of current income. The Declaration of Trust permits the Trustees to issue interests in the Portfolio. At October 31, 2021, Eaton Vance Floating-Rate Fund and Eaton Vance Floating-Rate & High Income Fund held an interest of 86.3% and 13.7%, respectively, in the Portfolio.

The following is a summary of significant accounting policies of the Portfolio. The policies are in conformity with accounting principles generally accepted in the United States of America (U.S. GAAP). The Portfolio is an investment company and follows accounting and reporting guidance in the Financial Accounting Standards Board (FASB) Accounting Standards Codification Topic 946.

A  Investment Valuation — The following methodologies are used to determine the market value or fair value of investments.

Senior Floating-Rate Loans. Interests in senior floating-rate loans (Senior Loans) for which reliable market quotations are readily available are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Other Senior Loans are valued at fair value by the investment adviser under procedures approved by the Trustees. In fair valuing a Senior Loan, the investment adviser utilizes one or more of the valuation techniques described in (i) through (iii) below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan relative to yields on other Senior Loans issued by companies of comparable credit quality. If the investment adviser believes that there is a reasonable likelihood of full repayment, the investment adviser will determine fair value using a matrix pricing approach that considers the yield on the Senior Loan. If the investment adviser believes there is not a reasonable likelihood of full repayment, the investment adviser will determine fair value using analyses that include, but are not limited to: (i) a comparison of the value of the borrower’s outstanding equity and debt to that of comparable public companies; (ii) a discounted cash flow analysis; or (iii) when the investment adviser believes it is likely that a borrower will be liquidated or sold, an analysis of the terms of such liquidation or sale. In certain cases, the investment adviser will use a combination of analytical methods to determine fair value, such as when only a portion of a borrower’s assets are likely to be sold. In conducting its assessment and analyses for purposes of determining fair value of a Senior Loan, the investment adviser will use its discretion and judgment in considering and appraising relevant factors. Fair value determinations are made by the portfolio managers of the Portfolio based on information available to such managers. The portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may not possess the same information about a Senior Loan borrower as the portfolio managers of the Portfolio. At times, the fair value of a Senior Loan determined by the portfolio managers of other funds managed by the investment adviser that invest in Senior Loans may vary from the fair value of the same Senior Loan determined by the portfolio managers of the Portfolio. The fair value of each Senior Loan is periodically reviewed and approved by the investment adviser’s Valuation Committee and by the Trustees based upon procedures approved by the Trustees. Junior Loans (i.e., subordinated loans and second lien loans) are valued in the same manner as Senior Loans.

Debt Obligations. Debt obligations are generally valued on the basis of valuations provided by third party pricing services, as derived from such services’ pricing models. Inputs to the models may include, but are not limited to, reported trades, executable bid and ask prices, broker/dealer quotations, prices or yields of securities with similar characteristics, interest rates, anticipated prepayments, benchmark curves or information pertaining to the issuer, as well as industry and economic events. The pricing services may use a matrix approach, which considers information regarding securities with similar characteristics to determine the valuation for a security. Short-term debt obligations purchased with a remaining maturity of sixty days or less for which a valuation from a third party pricing service is not readily available may be valued at amortized cost, which approximates fair value.

Equity Securities. Equity securities listed on a U.S. securities exchange generally are valued at the last sale or closing price on the day of valuation or, if no sales took place on such date, at the mean between the closing bid and ask prices on the exchange where such securities are principally traded. Equity securities listed on the NASDAQ National Market System generally are valued at the NASDAQ official closing price. Unlisted or listed securities for which closing sales prices or closing quotations are not available are valued at the mean between the latest available bid and ask prices or, in the case of preferred equity securities that are not listed or traded in the over-the-counter market, by a third party pricing service that uses various techniques that consider factors including, but not limited to, prices or yields of securities with similar characteristics, benchmark yields, broker/dealer quotes, quotes of underlying common stock, issuer spreads, as well as industry and economic events.

Derivatives. Forward foreign currency exchange contracts are generally valued at the mean of the average bid and average ask prices that are reported by currency dealers to a third party pricing service at the valuation time. Such third party pricing service valuations are supplied for specific settlement periods and the Portfolio’s forward foreign currency exchange contracts are valued at an interpolated rate between the closest preceding and subsequent settlement period reported by the third party pricing service.

Foreign Securities and Currencies. Foreign securities and currencies are valued in U.S. dollars, based on foreign currency exchange rate quotations supplied by a third party pricing service. The pricing service uses a proprietary model to determine the exchange rate. Inputs to the model include reported trades and implied bid/ask spreads.

Affiliated Fund. The Portfolio may invest in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by Eaton Vance Management (EVM). While Cash Reserves Fund is not a registered money market mutual fund, it conducts all of its investment activities in accordance with the requirements of Rule 2a-7 under the 1940 Act. Investments in Cash Reserves Fund are valued at the closing net asset value per unit on the valuation day. Cash Reserves Fund generally values its investment securities based on available market quotations provided by a third party pricing service.

Fair Valuation. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued at fair value using methods determined in good faith by or at the direction of the Trustees of the Portfolio in a manner that most fairly reflects the security’s “fair value”, which

51

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

is the amount that the Portfolio might reasonably expect to receive for the security upon its current sale in the ordinary course. Each such determination is based on a consideration of relevant factors, which are likely to vary from one pricing context to another. These factors may include, but are not limited to, the type of security, the existence of any contractual restrictions on the security’s disposition, the price and extent of public trading in similar securities of the issuer or of comparable companies or entities, quotations or relevant information obtained from broker/dealers or other market participants, information obtained from the issuer, analysts, and/or the appropriate stock exchange (for exchange-traded securities), an analysis of the company’s or entity’s financial statements, and an evaluation of the forces that influence the issuer and the market(s) in which the security is purchased and sold.

B  Investment Transactions — Investment transactions for financial statement purposes are accounted for on a trade date basis. Realized gains and losses on investments sold are determined on the basis of identified cost.

C  Income — Interest income is recorded on the basis of interest accrued, adjusted for amortization of premium or accretion of discount. Fees associated with loan amendments are recognized immediately. Dividend income is recorded on the ex-dividend date for dividends received in cash and/or securities. Withholding taxes on foreign interest, dividends and capital gains have been provided for in accordance with the Portfolio’s understanding of the applicable countries’ tax rules and rates. Distributions from investment companies are recorded as dividend income, capital gains or return of capital based on the nature of the distribution.

D  Federal Taxes — The Portfolio has elected to be treated as a partnership for federal tax purposes. No provision is made by the Portfolio for federal or state taxes on any taxable income of the Portfolio because each investor in the Portfolio is ultimately responsible for the payment of any taxes on its share of taxable income. Since at least one of the Portfolio’s investors is a regulated investment company that invests all or substantially all of its assets in the Portfolio, the Portfolio normally must satisfy the applicable source of income and diversification requirements (under the Internal Revenue Code) in order for its investors to satisfy them. The Portfolio will allocate, at least annually among its investors, each investor’s distributive share of the Portfolio’s net investment income, net realized capital gains and losses and any other items of income, gain, loss, deduction or credit.

As of October 31, 2021, the Portfolio had no uncertain tax positions that would require financial statement recognition, de-recognition, or disclosure. The Portfolio files a U.S. federal income tax return annually after its fiscal year-end, which is subject to examination by the Internal Revenue Service for a period of three years from the date of filing.

E  Foreign Currency Translation — Investment valuations, other assets, and liabilities initially expressed in foreign currencies are translated each business day into U.S. dollars based upon current exchange rates. Purchases and sales of foreign investment securities and income and expenses denominated in foreign currencies are translated into U.S. dollars based upon currency exchange rates in effect on the respective dates of such transactions. Recognized gains or losses on investment transactions attributable to changes in foreign currency exchange rates are recorded for financial statement purposes as net realized gains and losses on investments. That portion of unrealized gains and losses on investments that results from fluctuations in foreign currency exchange rates is not separately disclosed.

F  Unfunded Loan Commitments — The Portfolio may enter into certain loan agreements all or a portion of which may be unfunded. The Portfolio is obligated to fund these commitments at the borrower’s discretion. These commitments are disclosed in the accompanying Portfolio of Investments. At October 31, 2021, the Portfolio had sufficient cash and/or securities to cover these commitments.

G  Use of Estimates — The preparation of the financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements and the reported amounts of income and expense during the reporting period. Actual results could differ from those estimates.

H  Indemnifications — Under the Portfolio’s organizational documents, its officers and Trustees may be indemnified against certain liabilities and expenses arising out of the performance of their duties to the Portfolio. Under Massachusetts law, if certain conditions prevail, interestholders in the Portfolio could be deemed to have personal liability for the obligations of the Portfolio. However, the Portfolio’s Declaration of Trust contains an express disclaimer of liability on the part of Portfolio interestholders. Additionally, in the normal course of business, the Portfolio enters into agreements with service providers that may contain indemnification clauses. The Portfolio’s maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Portfolio that have not yet occurred.

I  Forward Foreign Currency Exchange Contracts — The Portfolio may enter into forward foreign currency exchange contracts for the purchase or sale of a specific foreign currency at a fixed price on a future date. The forward foreign currency exchange contracts are adjusted by the daily exchange rate of the underlying currency and any gains or losses are recorded as unrealized until such time as the contracts have been closed. Risks may arise upon entering these contracts from the potential inability of counterparties to meet the terms of their contracts and from movements in the value of a foreign currency relative to the U.S. dollar.

J  When-Issued Securities and Delayed Delivery Transactions — The Portfolio may purchase securities on a delayed delivery or when-issued basis. Payment and delivery may take place after the customary settlement period for that security. At the time the transaction is negotiated, the price of the security that will be delivered is fixed. The Portfolio maintains cash and/or security positions for these commitments such that sufficient liquid assets will be available to make payments upon settlement. Securities purchased on a delayed delivery or when-issued basis are marked-to-market daily and begin earning interest on settlement date. Such security purchases are subject to the risk that when delivered they will be worth less than the agreed upon payment price. Losses may also arise if the counterparty does not perform under the contract.

52

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

2  Investment Adviser Fee and Other Transactions with Affiliates

The investment adviser fee is earned by Boston Management and Research (BMR) as compensation for investment advisory services rendered to the Portfolio. On March 1, 2021, Morgan Stanley acquired Eaton Vance Corp. (the “Transaction”) and BMR became an indirect, wholly-owned subsidiary of Morgan Stanley. In connection with the Transaction, the Portfolio entered into a new investment advisory agreement (the “New Agreement”) with BMR, which took effect on March 1, 2021. The Portfolio’s prior fee reduction agreements were incorporated into the New Agreement. Pursuant to the New Agreement (and the investment advisory agreement with BMR in effect prior to March 1, 2021), the investment adviser fee is computed at an annual rate as a percentage of the Portfolio’s average daily net assets as follows and is payable monthly:

Average Daily Net Assets	Annual Fee Rate
Up to $1 billion		0.5750	%
$1 billion but less than $2 billion		0.5250	%
$2 billion but less than $5 billion		0.4900	%
$5 billion but less than $10 billion		0.4600	%
$10 billion but less than $15 billion		0.4350	%
$15 billion but less than $20 billion		0.4150	%
$20 billion but less than $25 billion		0.4000	%
$25 billion and over		0.3900	%

For the year ended October 31, 2021, the Portfolio’s investment adviser fee amounted to $36,249,354 or 0.50% of the Portfolio’s average daily net assets. The Portfolio may invest its cash in Cash Reserves Fund. EVM does not currently receive a fee for advisory services provided to Cash Reserves Fund.

Trustees and officers of the Portfolio who are members of EVM’s or BMR’s organizations receive remuneration for their services to the Portfolio out of the investment adviser fee. Trustees of the Portfolio who are not affiliated with the investment adviser may elect to defer receipt of all or a percentage of their annual fees in accordance with the terms of the Trustees Deferred Compensation Plan. For the year ended October 31, 2021, no significant amounts have been deferred. Certain officers and Trustees of the Portfolio are officers of the above organizations.

3  Purchases and Sales of Investments

Purchases and sales of investments, other than short-term obligations, and including maturities, paydowns and principal repayments on Senior Loans, aggregated $4,912,161,423 and $1,880,652,417, respectively, for the year ended October 31, 2021.

4  Federal Income Tax Basis of Investments

The cost and unrealized appreciation (depreciation) of investments, including open derivative contracts, of the Portfolio at October 31, 2021, as determined on a federal income tax basis, were as follows:

Aggregate cost	$	9,499,395,532
Gross unrealized appreciation	$	80,917,989
Gross unrealized depreciation		(141,583,807	)
Net unrealized depreciation	$	(60,665,818	)

5  Restricted Securities

At October 31, 2021, the Portfolio owned the following securities (representing 0.1% of net assets) which were restricted as to public resale and not registered under the Securities Act of 1933 (excluding Rule 144A securities). The Portfolio has various registration rights (exercisable under a variety of circumstances) with respect to these securities. The value of these securities is determined based on valuations provided by brokers when available, or if not available, they are valued at fair value using methods determined in good faith by or at the direction of the Trustees.

Description	Date of Acquisition		Shares		Cost		Value
Common Stocks
Skillsoft Corp.		6/23/21		893,525	$	8,935,250	$	10,789,136

53

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

6  Financial Instruments

The Portfolio may trade in financial instruments with off-balance sheet risk in the normal course of its investing activities. These financial instruments may include forward foreign currency exchange contracts and may involve, to a varying degree, elements of risk in excess of the amounts recognized for financial statement purposes. The notional or contractual amounts of these instruments represent the investment the Portfolio has in particular classes of financial instruments and do not necessarily represent the amounts potentially subject to risk. The measurement of the risks associated with these instruments is meaningful only when all related and offsetting transactions are considered. A summary of obligations under these financial instruments at October 31, 2021 is included in the Portfolio of Investments. At October 31, 2021, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

The Portfolio is subject to foreign exchange risk in the normal course of pursuing its investment objective. Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.

The Portfolio enters into forward foreign currency exchange contracts that may contain provisions whereby the counterparty may terminate the contract under certain conditions, including but not limited to a decline in the Portfolio’s net assets below a certain level over a certain period of time, which would trigger a payment by the Portfolio for those derivatives in a liability position. At October 31, 2021, the fair value of derivatives with credit-related contingent features in a net liability position was $281,063. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $840,000 at October 31, 2021.

The over-the-counter (OTC) derivatives in which the Portfolio invests are subject to the risk that the counterparty to the contract fails to perform its obligations under the contract. To mitigate this risk, the Portfolio has entered into an International Swaps and Derivatives Association, Inc. Master Agreement (“ISDA Master Agreement”) or similar agreement with substantially all its derivative counterparties. An ISDA Master Agreement is a bilateral agreement between the Portfolio and a counterparty that governs certain OTC derivatives and typically contains, among other things, set-off provisions in the event of a default and/or termination event as defined under the relevant ISDA Master Agreement. Under an ISDA Master Agreement, the Portfolio may, under certain circumstances, offset with the counterparty certain derivative financial instruments’ payables and/or receivables with collateral held and/or posted and create one single net payment. The provisions of the ISDA Master Agreement typically permit a single net payment in the event of default including the bankruptcy or insolvency of the counterparty. However, bankruptcy or insolvency laws of a particular jurisdiction may impose restrictions on or prohibitions against the right of offset in bankruptcy or insolvency. Certain ISDA Master Agreements allow counterparties to OTC derivatives to terminate derivative contracts prior to maturity in the event the Portfolio’s net assets decline by a stated percentage or the Portfolio fails to meet the terms of its ISDA Master Agreements, which would cause the counterparty to accelerate payment by the Portfolio of any net liability owed to it.

The collateral requirements for derivatives traded under an ISDA Master Agreement are governed by a Credit Support Annex to the ISDA Master Agreement. Collateral requirements are determined at the close of business each day and are typically based on changes in market values for each transaction under an ISDA Master Agreement and netted into one amount for such agreement. Generally, the amount of collateral due from or to a counterparty is subject to a minimum transfer threshold amount before a transfer is required, which may vary by counterparty. Collateral pledged for the benefit of the Portfolio and/or counterparty is held in segregated accounts by the Portfolio’s custodian and cannot be sold, re-pledged, assigned or otherwise used while pledged. The portion of such collateral representing cash, if any, is reflected as deposits for derivatives collateral and, in the case of cash pledged by a counterparty for the benefit of the Portfolio, a corresponding liability on the Statement of Assets and Liabilities. Securities pledged by the Portfolio as collateral, if any, are identified as such in the Portfolio of Investments.

The fair value of open derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) and whose primary underlying risk exposure is foreign exchange risk at October 31, 2021 was as follows:

	Fair Value
Derivative	Asset Derivative			Liability Derivative
Forward foreign currency exchange contracts	$	7,586,655	(1)	$	(281,063	)(2)
Total Derivatives subject to master netting or similar agreements	$	7,586,655		$	(281,063	)

⁽¹⁾  Statement of Assets and Liabilities location: Receivable for open forward foreign currency exchange contracts.

⁽²⁾  Statement of Assets and Liabilities location: Payable for open forward foreign currency exchange contracts.

54

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

The Portfolio’s derivative assets and liabilities at fair value by type, which are reported gross in the Statement of Assets and Liabilities, are presented in the table above. The following tables present the Portfolio’s derivative assets and liabilities by counterparty, net of amounts available for offset under a master netting agreement and net of the related collateral received by the Portfolio for such assets and pledged by the Portfolio for such liabilities as of October 31, 2021.

Counterparty	Derivative Assets Subject to Master Netting Agreement			Derivatives Available for Offset			Non-cash Collateral Received(a)			Cash Collateral Received(a)		Net Amount of Derivative Assets(b)
HSBC Bank USA, N.A.	$	2,497,015		$	(42,006	)	$	(778,125	)	$	—	$	1,676,884
Standard Chartered Bank		2,107,484			(239,057	)		—			—		1,868,427
State Street Bank and Trust Company		2,982,156			—			(2,982,156	)		—		—
	$	7,586,655		$	(281,063	)	$	(3,760,281	)	$	—	$	3,545,311
Counterparty	Derivative Liabilities Subject to Master Netting Agreement			Derivatives Available for Offset			Non-cash Collateral Pledged(a)			Cash Collateral Pledged(a)		Net Amount of Derivative Liabilities(c)
HSBC Bank USA, N.A.	$	(42,006	)	$	42,006		$	—		$	—	$	—
Standard Chartered Bank		(239,057	)		239,057			—			—		—
	$	(281,063	)	$	281,063		$	—		$	—	$	—

^(a)  In some instances, the total collateral received and/or pledged may be more than the amount shown due to overcollateralization.

^(b)  Net amount represents the net amount due from the counterparty in the event of default.

^(c)  Net amount represents the net amount payable to the counterparty in the event of default.

The effect of derivative instruments (not considered to be hedging instruments for accounting disclosure purposes) on the Statement of Operations and whose primary underlying risk exposure is foreign exchange risk for the year ended October 31, 2021 was as follows:

Derivative	Realized Gain (Loss) on Derivatives Recognized in Income(1)		Change in Unrealized Appreciation (Depreciation) on Derivatives Recognized in Income(2)
Forward foreign currency exchange contracts	$	13,919,724	$	2,507,089

⁽¹⁾  Statement of Operations location: Net realized gain (loss) – Forward foreign currency exchange contracts.

⁽²⁾  Statement of Operations location: Change in unrealized appreciation (depreciation) – Forward foreign currency exchange contracts.

The average notional amount of forward foreign currency exchange contracts (based on the absolute value of notional amounts of currency purchased and currency sold) outstanding during the year ended October 31, 2021, which is indicative of the volume of this derivative type, was approximately $817,103,000.

7  Credit Facility

The Portfolio participates with another portfolio and fund managed by EVM and its affiliates in a $650 million ($750 million prior to March 8, 2021) unsecured credit facility agreement (Agreement) with a group of banks, which is in effect through March 7, 2022. Borrowings are made by the Portfolio solely to facilitate the handling of unusual and/or unanticipated short-term cash requirements. Interest is payable on amounts borrowed overnight at the Federal Funds rate plus a margin and for all other amounts borrowed for longer periods at a base rate or LIBOR, plus a margin. Base rate is the highest of (a) the administrative agent’s prime rate, (b) the Federal Funds Rate plus a margin and (c) the one month London Interbank Offered Rate (LIBOR) rate plus a margin. In addition, a fee computed at an annual rate of 0.15% on the daily unused portion of each lender’s commitment amount is allocated among the participating portfolios and fund at the end of each quarter. Also included in interest expense and fees on the Statement of Operations is approximately $1,199,000 of amortization of upfront fees paid by the Portfolio in connection with the annual renewal of the Agreement. The unamortized balance of

55

Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

upfront fees at October 31, 2021 is $439,550 and is included in prepaid expenses in the Statement of Assets and Liabilities. Because the credit facility is not available exclusively to the Portfolio and the maximum amount is capped, it may be unable to borrow some or all of a requested amount at any particular time. The Portfolio did not have any significant borrowings during the year ended October 31, 2021.

8  Investments in Affiliated Companies/Funds

An affiliated company is a company in which a fund has a direct or indirect ownership of, control of, or voting power of 5 percent or more of the outstanding voting shares, or a company that is under common ownership or control with a fund. At October 31, 2021, the value of the Portfolio’s investment in affiliated companies and funds was $677,434,279, which represents 7.5% of the Portfolio’s net assets. Transactions in affiliated companies and funds by the Portfolio for the year ended October 31, 2021 were as follows:

Name	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)			Change in unrealized appreciation (depreciation)			Value, end of period		Dividend income		Shares/ Units, end of period
Common Stocks*
IAP Global Services, LLC(1)(2)(3)	$	32,365,745	$	—	$	—		$	—		$	(22,292,157	)	$	10,073,588	$	—		2,577
Short Term Investments
Eaton Vance Cash Reserves Fund, LLC		183,387,147		2,630,755,777		(2,146,782,042	)		(191	)		—			667,360,691		451,195		667,360,691
Totals								$	(191	)	$	(22,292,157	)	$	677,434,279	$	451,195

* The related industry is the same as the presentation in the Portfolio of Investments.

⁽¹⁾  For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 9).

⁽²⁾  Non-income producing security.

⁽³⁾  A portion of the shares were acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

9  Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

• Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including a fund’s own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

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Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

At October 31, 2021, the hierarchy of inputs used in valuing the Portfolio’s investments and open derivative instruments, which are carried at value, were as follows:

Asset Description	Level 1		Level 2			Level 3*		Total
Asset-Backed Securities	$	—	$	267,118,302		$	—	$	267,118,302
Common Stocks		28,054,256		27,029,057			34,813,887		89,897,200
Convertible Preferred Stocks		—		4,286,462			—		4,286,462
Corporate Bonds		—		577,133,882			—		577,133,882
Exchange-Traded Funds		48,240,900		—			—		48,240,900
Preferred Stocks		—		6,725,681			0		6,725,681
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)		—		7,765,246,715			6,189,651		7,771,436,366
Warrants		—		6,769,287			0		6,769,287
Short-Term Investments		—		667,360,691			—		667,360,691
Total Investments	$	76,295,156	$	9,321,670,077		$	41,003,538	$	9,438,968,771
Forward Foreign Currency Exchange Contracts	$	—	$	7,586,655		$	—	$	7,586,655
Total	$	76,295,156	$	9,329,256,732		$	41,003,538	$	9,446,555,426
Liability Description
Forward Foreign Currency Exchange Contracts	$	—	$	(281,063	)	$	—	$	(281,063	)
Total	$	—	$	(281,063	)	$	—	$	(281,063	)

* None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Portfolio.

Level 3 investments at the beginning and/or end of the period in relation to net assets were not significant and accordingly, a reconciliation of Level 3 assets for the year ended October 31, 2021 is not presented.

10  Risks and Uncertainties

Risks Associated with Foreign Investments

Investing in securities issued by companies whose principal business activities are outside the United States may involve significant risks not present in domestic investments. For example, there is generally less publicly available information about foreign companies, particularly those not subject to the disclosure and reporting requirements of the U.S. securities laws. Certain foreign issuers are generally not bound by uniform accounting, auditing, and financial reporting requirements and standards of practice comparable to those applicable to domestic issuers. Investments in foreign securities also involve the risk of possible adverse changes in investment or exchange control regulations, expropriation or confiscatory taxation, limitation on the removal of funds or other assets of the Portfolio, political or financial instability or diplomatic and other developments which could affect such investments. Foreign securities markets, while growing in volume and sophistication, are generally not as developed as those in the United States, and securities of some foreign issuers (particularly those located in developing countries) may be less liquid and more volatile than securities of comparable U.S. companies. In general, there is less overall governmental supervision and regulation of foreign securities markets, broker/dealers and issuers than in the United States.

Credit Risk

The Portfolio invests primarily in below investment grade floating-rate loans, which are considered speculative because of the credit risk of their issuers. Changes in economic conditions or other circumstances are more likely to reduce the capacity of issuers of these securities to make principal and interest payments. Such companies are more likely to default on their payments of interest and principal owed than issuers of investment grade bonds. An economic downturn generally leads to a higher non-payment rate, and a loan or other debt obligation may lose significant value before a default occurs. Lower rated investments also may be subject to greater price volatility than higher rated investments. Moreover, the specific collateral used to secure a loan may decline in value or become illiquid, which would adversely affect the loan’s value.

LIBOR Transition Risk

Certain instruments held by the Portfolio may pay an interest rate based on the London Interbank Offered Rate (“LIBOR”), which is the average offered rate for various maturities of short-term loans between certain major international banks. LIBOR is used throughout global banking and financial industries to

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Eaton Vance

Floating Rate Portfolio

October 31, 2021

Notes to Financial Statements — continued

determine interest rates for a variety of financial instruments (such as debt instruments and derivatives) and borrowing arrangements. The ICE Benchmark Administration Limited, the administrator of LIBOR, is expected to cease publishing certain LIBOR settings on December 31, 2021, and the remaining LIBOR settings on June 30, 2023. Although the transition process away from LIBOR has become increasingly well-defined in advance of the anticipated discontinuation, the impact on certain debt securities, derivatives and other financial instruments that utilize LIBOR remains uncertain. The phase-out of LIBOR may result in, among other things, increased volatility or illiquidity in markets for instruments based on LIBOR and changes in the value of such instruments.

Pandemic Risk

An outbreak of respiratory disease caused by a novel coronavirus was first detected in China in late 2019 and subsequently spread internationally. This coronavirus has resulted in closing borders, enhanced health screenings, changes to healthcare service preparation and delivery, quarantines, cancellations, disruptions to supply chains and customer activity, as well as general concern and uncertainty. Health crises caused by outbreaks, such as the coronavirus outbreak, may exacerbate other pre-existing political, social and economic risks and disrupt normal market conditions and operations. The impact of this outbreak has negatively affected the worldwide economy, the economies of individual countries, individual companies, and the market in general, and may continue to do so in significant and unforeseen ways, as may other epidemics and pandemics that may arise in the future. Any such impact could adversely affect the Portfolio’s performance, or the performance of the securities in which the Portfolio invests.

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Eaton Vance

Floating Rate Portfolio

October 31, 2021

Report of Independent Registered Public Accounting Firm

To the Trustees and Investors of Eaton Vance Floating Rate Portfolio:

Opinion on the Financial Statements and Financial Highlights

We have audited the accompanying statement of assets and liabilities of Eaton Vance Floating Rate Portfolio (the “Portfolio”), including the portfolio of investments, as of October 31, 2021, the related statement of operations for the year then ended, the statements of changes in net assets for each of the two years in the period then ended, the financial highlights for each of the five years in the period then ended, and the related notes. In our opinion, the financial statements and financial highlights present fairly, in all material respects, the financial position of the Portfolio as of October 31, 2021, and the results of its operations for the year then ended, the changes in its net assets for each of the two years in the period then ended, and the financial highlights for each of the five years in the period then ended, in conformity with accounting principles generally accepted in the United States of America.

Basis for Opinion

These financial statements and financial highlights are the responsibility of the Portfolio’s management. Our responsibility is to express an opinion on the Portfolio’s financial statements and financial highlights based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Portfolio in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements and financial highlights are free of material misstatement, whether due to error or fraud. The Portfolio is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Portfolio’s internal control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess the risks of material misstatement of the financial statements and financial highlights, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements and financial highlights. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial statements and financial highlights. Our procedures included confirmation of securities and senior loans owned as of October 31, 2021, by correspondence with the custodian, brokers and selling or agent banks; when replies were not received from brokers and selling or agent banks, we performed other auditing procedures. We believe that our audits provide a reasonable basis for our opinion.

/s/ Deloitte & Touche LLP

Boston, Massachusetts

December 16, 2021

We have served as the auditor of one or more Eaton Vance investment companies since 1959.

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Eaton Vance

Floating-Rate Fund

October 31, 2021

Liquidity Risk Management Program

The Fund has implemented a written liquidity risk management program (Program) and related procedures to manage its liquidity in accordance with Rule 22e-4 under the Investment Company Act of 1940, as amended (Liquidity Rule). The Liquidity Rule defines “liquidity risk” as the risk that a fund could not meet requests to redeem shares issued by the fund without significant dilution of the remaining investors’ interests in the fund. The Fund’s Board of Trustees/Directors has designated the investment adviser to serve as the administrator of the Program and the related procedures. The administrator has established a Liquidity Risk Management Oversight Committee (Committee) to perform the functions necessary to administer the Program. As part of the Program, the administrator is responsible for identifying illiquid investments and categorizing the relative liquidity of the Fund’s investments in accordance with the Liquidity Rule. Under the Program, the administrator assesses, manages, and periodically reviews the Fund’s liquidity risk, and is responsible for making certain reports to the Fund’s Board of Trustees/Directors and the Securities and Exchange Commission (SEC) regarding the liquidity of the Fund’s investments, and to notify the Board of Trustees/Directors and the SEC of certain liquidity events specified in the Liquidity Rule. The liquidity of the Fund’s portfolio investments is determined based on a number of factors including, but not limited to, relevant market, trading and investment-specific considerations under the Program.

At a meeting of the Fund’s Board of Trustees/Directors on June 8, 2021, the Committee provided a written report to the Fund’s Board of Trustees/Directors pertaining to the operation, adequacy, and effectiveness of implementation of the Program, as well as the operation of the highly liquid investment minimum (if applicable) for the period January 1, 2020 through December 31, 2020 (Review Period). The Program operated effectively during the Review Period, supporting the administrator’s ability to assess, manage and monitor Fund liquidity risk, including during periods of market volatility and net redemptions. During the Review Period, the Fund met redemption requests on a timely basis.

There can be no assurance that the Program will achieve its objectives in the future. Please refer to the Fund’s prospectus for more information regarding the Fund’s exposure to liquidity risk and other principal risks to which an investment in the Fund may be subject.

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Eaton Vance

Floating-Rate Fund

October 31, 2021

Management and Organization

Fund Management.  The Trustees of Eaton Vance Mutual Funds Trust (the Trust) and Eaton Vance Floating Rate Portfolio (the Portfolio) are responsible for the overall management and supervision of the Trust’s and Portfolio’s affairs. The Trustees and officers of the Trust and the Portfolio are listed below. Except as indicated, each individual has held the office shown or other offices in the same company for the last five years. Trustees and officers of the Trust and the Portfolio hold indefinite terms of office. The “Noninterested Trustees” consist of those Trustees who are not “interested persons” of the Trust and the Portfolio, as that term is defined under the 1940 Act. The business address of each Trustee and officer is Two International Place, Boston, Massachusetts 02110. As used below, “EVC” refers to Eaton Vance Corp., “EV” refers to EV LLC, “EVM” refers to Eaton Vance Management, “BMR” refers to Boston Management and Research and “EVD” refers to Eaton Vance Distributors, Inc. EV is the trustee of each of EVM and BMR. Effective March 1, 2021, each of EVM, BMR, EVD and EV are indirect, wholly owned subsidiaries of Morgan Stanley. Each officer affiliated with EVM may hold a position with other EVM affiliates that is comparable to his or her position with EVM listed below. Each Trustee oversees 138 portfolios (with the exception of Messrs. Faust and Wennerholm and Ms. Frost who oversee 137 portfolios) in the Eaton Vance Complex (including all master and feeder funds in a master feeder structure). Each officer serves as an officer of certain other Eaton Vance funds. Each Trustee and officer serves until his or her successor is elected.

Name and Year of Birth	Trust/Portfolio Position(s)	Trustee Since(1)	Principal Occupation(s) and Other Directorships During Past Five Years and Other Relevant Experience
Interested Trustee
Thomas E. Faust Jr. 1958	Trustee	2007	Chairman of Morgan Stanley Investment Management, Inc. (MSIM), member of the Board of Managers and President of EV, Chief Executive Officer of EVM and BMR, and Director of EVD. Formerly, Chairman, Chief Executive Officer and President of EVC. Trustee and/or officer of 137 registered investment companies. Mr. Faust is an interested person because of his positions with MSIM, BMR, EVM, EVD, and EV, which are affiliates of the Trust and Portfolio, and his former position with EVC, which was an affiliate of the Trust and Portfolio prior to March 1, 2021. Other Directorships in the Last Five Years. Formerly, Director of EVC (2007-2021) and Hexavest Inc. (investment management firm) (2012-2021).
Noninterested Trustees
Mark R. Fetting 1954	Trustee	2016	Private investor. Formerly held various positions at Legg Mason, Inc. (investment management firm) (2000-2012), including President, Chief Executive Officer, Director and Chairman (2008-2012), Senior Executive Vice President (2004-2008) and Executive Vice President (2001-2004). Formerly, President of Legg Mason family of funds (2001-2008). Formerly, Division President and Senior Officer of Prudential Financial Group, Inc. and related companies (investment management firm) (1991-2000). Other Directorships in the Last Five Years. None.
Cynthia E. Frost 1961	Trustee	2014	Private investor. Formerly, Chief Investment Officer of Brown University (university endowment) (2000-2012). Formerly, Portfolio Strategist for Duke Management Company (university endowment manager) (1995-2000). Formerly, Managing Director, Cambridge Associates (investment consulting company) (1989-1995). Formerly, Consultant, Bain and Company (management consulting firm) (1987-1989). Formerly, Senior Equity Analyst, BA Investment Management Company (1983-1985). Other Directorships in the Last Five Years. None.
George J. Gorman 1952	Chairperson of the Board and Trustee	2021 (Chairperson) and 2014 (Trustee)	Principal at George J. Gorman LLC (consulting firm). Formerly, Senior Partner at Ernst & Young LLP (a registered public accounting firm) (1974-2009). Other Directorships in the Last Five Years. None.
Valerie A. Mosley 1960	Trustee	2014	Chairwoman and Chief Executive Officer of Valmo Ventures (a consulting and investment firm). Founder of Upward Wealth, Inc., dba BrightUP, a fintech platform. Formerly, Partner and Senior Vice President, Portfolio Manager and Investment Strategist at Wellington Management Company, LLP (investment management firm) (1992-2012). Formerly, Chief Investment Officer, PG Corbin Asset Management (1990-1992). Formerly worked in institutional corporate bond sales at Kidder Peabody (1986-1990). Other Directorships in the Last Five Years. Director of DraftKings, Inc. (digital sports entertainment and gaming company) (since September 2020). Director of Groupon, Inc. (e-commerce provider) (since April 2020). Director of Envestnet, Inc. (provider of intelligent systems for wealth management and financial wellness) (since 2018). Formerly, Director of Dynex Capital, Inc. (mortgage REIT) (2013-2020).

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Eaton Vance

Floating-Rate Fund

October 31, 2021

Management and Organization — continued

Name and Year of Birth	Trust/Portfolio Position(s)	Trustee Since(1)	Principal Occupation(s) and Other Directorships During Past Five Years and Other Relevant Experience
Noninterested Trustees (continued)
William H. Park 1947	Trustee	2003	Private investor. Formerly, Consultant (management and transactional) (2012-2014). Formerly, Chief Financial Officer, Aveon Group L.P. (investment management firm) (2010-2011). Formerly, Vice Chairman, Commercial Industrial Finance Corp. (specialty finance company) (2006-2010). Formerly, President and Chief Executive Officer, Prizm Capital Management, LLC (investment management firm) (2002-2005). Formerly, Executive Vice President and Chief Financial Officer, United Asset Management Corporation (investment management firm) (1982-2001). Formerly, Senior Manager, Price Waterhouse (now PricewaterhouseCoopers) (a registered public accounting firm) (1972-1981). Other Directorships in the Last Five Years. None.
Helen Frame Peters 1948	Trustee	2008	Professor of Finance, Carroll School of Management, Boston College. Formerly, Dean, Carroll School of Management, Boston College (2000-2002). Formerly, Chief Investment Officer, Fixed Income, Scudder Kemper Investments (investment management firm) (1998-1999). Formerly, Chief Investment Officer, Equity and Fixed Income, Colonial Management Associates (investment management firm) (1991-1998). Other Directorships in the Last Five Years. None.
Keith Quinton 1958	Trustee	2018	Private investor, researcher and lecturer. Formerly, Independent Investment Committee Member at New Hampshire Retirement System (2017-2021). Formerly, Portfolio Manager and Senior Quantitative Analyst at Fidelity Investments (investment management firm) (2001-2014). Other Directorships in the Last Five Years. Formerly, Director (2016-2021) and Chairman (2019-2021) of New Hampshire Municipal Bond Bank.
Marcus L. Smith 1966	Trustee	2018	Private investor. Formerly, Portfolio Manager at MFS Investment Management (investment management firm) (1994-2017). Other Directorships in the Last Five Years. Director of First Industrial Realty Trust, Inc. (an industrial REIT) (since 2021). Director of MSCI Inc. (global provider of investment decision support tools) (since 2017). Formerly, Director of DCT Industrial Trust Inc. (logistics real estate company) (2017-2018).
Susan J. Sutherland 1957	Trustee	2015	Private investor. Director of Ascot Group Limited and certain of its subsidiaries (insurance and reinsurance) (since 2017). Formerly, Director of Hagerty Holding Corp. (insurance) (2015-2018) and Montpelier Re Holdings Ltd. (insurance and reinsurance) (2013-2015). Formerly, Associate, Counsel and Partner at Skadden, Arps, Slate, Meagher & Flom LLP (law firm) (1982-2013). Other Directorships in the Last Five Years. Director of Kairos Acquisition Corp. (insurance/InsurTech acquisition company) (since 2021).
Scott E. Wennerholm 1959	Trustee	2016	Private investor. Formerly, Trustee at Wheelock College (postsecondary institution) (2012-2018). Formerly, Consultant at GF Parish Group (executive recruiting firm) (2016-2017). Formerly, Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm) (2005-2011). Formerly, Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm) (1997-2004). Formerly, Vice President at Fidelity Investments Institutional Services (investment management firm) (1994-1997). Other Directorships in the Last Five Years. None.

Name and Year of Birth	Trust/Portfolio Position(s)	Officer Since(2)	Principal Occupation(s) During Past Five Years
Principal Officers who are not Trustees
Eric A. Stein 1980	President	2020	Vice President and Chief Investment Officer, Fixed Income of EVM and BMR. Prior to November 1, 2020, Mr. Stein was a co-Director of Eaton Vance’s Global Income Investments. Also Vice President of Calvert Research and Management (“CRM”).
Deidre E. Walsh 1971	Vice President and Chief Legal Officer	2009	Vice President of EVM and BMR. Also Vice President of CRM.
James F. Kirchner 1967	Treasurer	2007	Vice President of EVM and BMR. Also Vice President of CRM.

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Eaton Vance

Floating-Rate Fund

October 31, 2021

Management and Organization — continued

Name and Year of Birth	Trust/Portfolio Position(s)	Officer Since(2)	Principal Occupation(s) During Past Five Years
Principal Officers who are not Trustees (continued)
Kimberly M. Roessiger 1985	Secretary	2021	Vice President of EVM and BMR.
Richard F. Froio 1968	Chief Compliance Officer	2017	Vice President of EVM and BMR since 2017. Formerly, Deputy Chief Compliance Officer (Adviser/Funds) and Chief Compliance Officer (Distribution) at PIMCO (2012-2017) and Managing Director at BlackRock/Barclays Global Investors (2009-2012).

⁽¹⁾  Year first appointed to serve as Trustee for a fund in the Eaton Vance family of funds. Each Trustee has served continuously since appointment unless indicated otherwise.

⁽²⁾  Year first elected to serve as officer of a fund in the Eaton Vance family of funds when the officer has served continuously. Otherwise, year of most recent election as an officer of a fund in the Eaton Vance family of funds. Titles may have changed since initial election.

The SAI for the Fund includes additional information about the Trustees and officers of the Fund and the Portfolio and can be obtained without charge on Eaton Vance’s website at www.eatonvance.com or by calling 1-800-262-1122.

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Eaton Vance Funds

Privacy Notice April 2021

FACTS	WHAT DOES EATON VANCE DO WITH YOUR PERSONAL INFORMATION?
Why?	Financial companies choose how they share your personal information. Federal law gives consumers the right to limit some but not all sharing. Federal law also requires us to tell you how we collect, share, and protect your personal information. Please read this notice carefully to understand what we do.
What?	The types of personal information we collect and share depend on the product or service you have with us. This information can include: ∎   Social Security number and income ∎   investment experience and risk tolerance ∎   checking account number and wire transfer instructions
How?	All financial companies need to share customers’ personal information to run their everyday business. In the section below, we list the reasons financial companies can share their customers’ personal information; the reasons Eaton Vance chooses to share; and whether you can limit this sharing.

Reasons we can share your personal information	Does Eaton Vance share?	Can you limit this sharing?
For our everyday business purposes — such as to process your transactions, maintain your account(s), respond to court orders and legal investigations, or report to credit bureaus	Yes	No
For our marketing purposes — to offer our products and services to you	Yes	No
For joint marketing with other financial companies	No	We don’t share
For our investment management affiliates’ everyday business purposes — information about your transactions, experiences, and creditworthiness	Yes	Yes
For our affiliates’ everyday business purposes — information about your transactions and experiences	Yes	No
For our affiliates’ everyday business purposes — information about your creditworthiness	No	We don’t share
For our investment management affiliates to market to you	Yes	Yes
For our affiliates to market to you	No	We don’t share
For nonaffiliates to market to you	No	We don’t share

To limit our sharing	Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com Please note: If you are a new customer, we can begin sharing your information 30 days from the date we sent this notice. When you are no longer our customer, we continue to share your information as described in this notice. However, you can contact us at any time to limit our sharing.
Questions?	Call toll-free 1-800-262-1122 or email: EVPrivacy@eatonvance.com

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Eaton Vance Funds

Privacy Notice — continued April 2021

Page 2

Who we are
Who is providing this notice?	Eaton Vance Management, Eaton Vance Distributors, Inc., Eaton Vance Trust Company, Eaton Vance Management (International) Limited, Eaton Vance Advisers International Ltd., Eaton Vance Global Advisors Limited, Eaton Vance Management’s Real Estate Investment Group, Boston Management and Research, Calvert Research and Management, Eaton Vance and Calvert Fund Families and our investment advisory affiliates (“Eaton Vance”) (see Investment Management Affiliates definition below)
What we do
How does Eaton Vance protect my personal information?	To protect your personal information from unauthorized access and use, we use security measures that comply with federal law. These measures include computer safeguards and secured files and buildings. We have policies governing the proper handling of customer information by personnel and requiring third parties that provide support to adhere to appropriate security standards with respect to such information.
How does Eaton Vance collect my personal information?	We collect your personal information, for example, when you ∎   open an account or make deposits or withdrawals from your account ∎   buy securities from us or make a wire transfer ∎   give us your contact information We also collect your personal information from others, such as credit bureaus, affiliates, or other companies.
Why can’t I limit all sharing?	Federal law gives you the right to limit only ∎   sharing for affiliates’ everyday business purposes — information about your creditworthiness ∎   affiliates from using your information to market to you ∎   sharing for nonaffiliates to market to you State laws and individual companies may give you additional rights to limit sharing. See below for more on your rights under state law.
Definitions
Investment Management Affiliates	Eaton Vance Investment Management Affiliates include registered investment advisers, registered broker-dealers, and registered and unregistered funds. Investment Management Affiliates does not include entities associated with Morgan Stanley Wealth Management, such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co.
Affiliates	Companies related by common ownership or control. They can be financial and nonfinancial companies. ∎   Our affiliates include companies with a Morgan Stanley name and financial companies such as Morgan Stanley Smith Barney LLC and Morgan Stanley & Co.
Nonaffiliates	Companies not related by common ownership or control. They can be financial and nonfinancial companies. ∎   Eaton Vance does not share with nonaffiliates so they can market to you.
Joint marketing	A formal agreement between nonaffiliated financial companies that together market financial products or services to you. ∎   Eaton Vance doesn’t jointly market.
Other important information
Vermont: Except as permitted by law, we will not share personal information we collect about Vermont residents with Nonaffiliates unless you provide us with your written consent to share such information. California: Except as permitted by law, we will not share personal information we collect about California residents with Nonaffiliates and we will limit sharing such personal information with our Affiliates to comply with California privacy laws that apply to us.

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Eaton Vance Funds

IMPORTANT NOTICES

Delivery of Shareholder Documents.  The Securities and Exchange Commission (SEC) permits funds to deliver only one copy of shareholder documents, including prospectuses, proxy statements and shareholder reports, to fund investors with multiple accounts at the same residential or post office box address. This practice is often called “householding” and it helps eliminate duplicate mailings to shareholders. Eaton Vance, or your financial intermediary, may household the mailing of your documents indefinitely unless you instruct Eaton Vance, or your financial intermediary, otherwise. If you would prefer that your Eaton Vance documents not be householded, please contact Eaton Vance at 1-800-262-1122, or contact your financial intermediary. Your instructions that householding not apply to delivery of your Eaton Vance documents will typically be effective within 30 days of receipt by Eaton Vance or your financial intermediary.

Portfolio Holdings.  Each Eaton Vance Fund and its underlying Portfolio(s) (if applicable) files a schedule of portfolio holdings on Part F to Form N-PORT with the SEC. Certain information filed on Form N-PORT may be viewed on the Eaton Vance website at www.eatonvance.com, by calling Eaton Vance at 1-800-262-1122 or in the EDGAR database on the SEC’s website at www.sec.gov.

Proxy Voting.  From time to time, funds are required to vote proxies related to the securities held by the funds. The Eaton Vance Funds or their underlying Portfolios (if applicable) vote proxies according to a set of policies and procedures approved by the Funds’ and Portfolios’ Boards. You may obtain a description of these policies and procedures and information on how the Funds or Portfolios voted proxies relating to portfolio securities during the most recent 12-month period ended June 30, without charge, upon request, by calling 1-800-262-1122 and by accessing the SEC’s website at www.sec.gov.

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Investment Adviser of Eaton Vance Floating Rate Portfolio

Boston Management and Research

Two International Place

Boston, MA 02110

Investment Adviser and Administrator of Eaton Vance Floating-Rate Fund

Eaton Vance Management

Two International Place

Boston, MA 02110

Principal Underwriter*

Eaton Vance Distributors, Inc.

Two International Place

Boston, MA 02110

(617) 482-8260

Custodian

State Street Bank and Trust Company

State Street Financial Center, One Lincoln Street

Boston, MA 02111

Transfer Agent

BNY Mellon Investment Servicing (US) Inc.

Attn: Eaton Vance Funds

P.O. Box 9653

Providence, RI 02940-9653

(800) 262-1122

Independent Registered Public Accounting Firm

Deloitte & Touche LLP

200 Berkeley Street

Boston, MA 02116-5022

Fund Offices

Two International Place

Boston, MA 02110

* FINRA BrokerCheck.  Investors may check the background of their Investment Professional by contacting the Financial Industry Regulatory Authority (FINRA). FINRA BrokerCheck is a free tool to help investors check the professional background of current and former FINRA-registered securities firms and brokers. FINRA BrokerCheck is available by calling 1-800-289-9999 and at www.FINRA.org. The FINRA BrokerCheck brochure describing this program is available to investors at www.FINRA.org.

1044    10.31.21

Item 2. Code of Ethics

The registrant (sometimes referred to as the “Fund”) has adopted a code of ethics applicable to its Principal Executive Officer, Principal Financial Officer and Principal Accounting Officer. The registrant undertakes to provide a copy of such code of ethics to any person upon request, without charge, by calling 1-800-262-1122. The registrant has not amended the code of ethics as described in Form N-CSR during the period covered by this report. The registrant has not granted any waiver, including an implicit waiver, from a provision of the code of ethics as described in Form N-CSR during the period covered by this report.

Item 3. Audit Committee Financial Expert

The registrant’s Board of Trustees (the “Board”) has designated George J. Gorman, William H. Park and Scott E. Wennerholm, each an independent trustee, as audit committee financial experts. Mr. Gorman is a certified public accountant who is the Principal at George J. Gorman LLC (a consulting firm). Previously, Mr. Gorman served in various capacities at Ernst & Young LLP (a registered public accounting firm), including as Senior Partner. Mr. Gorman also has experience serving as an independent trustee and audit committee financial expert of other mutual fund complexes. Mr. Park is a certified public accountant who is a private investor. Previously, he served as a consultant, as the Chief Financial Officer of Aveon Group, L.P. (an investment management firm), as the Vice Chairman of Commercial Industrial Finance Corp. (specialty finance company), as President and Chief Executive Officer of Prizm Capital Management, LLC (investment management firm), as Executive Vice President and Chief Financial Officer of United Asset Management Corporation (an institutional investment management firm) and as a Senior Manager at Price Waterhouse (now PricewaterhouseCoopers) (a registered public accounting firm). Mr. Wennerholm is a private investor. Previously, Mr. Wennerholm served as a Trustee at Wheelock College (postsecondary institution), as a Consultant at GF Parish Group (executive recruiting firm), Chief Operating Officer and Executive Vice President at BNY Mellon Asset Management (investment management firm), Chief Operating Officer and Chief Financial Officer at Natixis Global Asset Management (investment management firm), and Vice President at Fidelity Investments Institutional Services (investment management firm).

Item 4. Principal Accountant Fees and Services

(a)-(d)

The following table presents the aggregate fees billed to the registrant for the registrant’s fiscal years ended October 31, 2020 and October 31, 2021 by the registrant’s principal accountant, Deloitte & Touche LLP (“D&T”), for professional services rendered for the audit of the registrant’s annual financial statements and fees billed for other services rendered by D&T during such periods.

Fiscal Years Ended	10/31/20		10/31/21
Audit Fees	$	115,388	$	113,844
Audit-Related Fees(1)	$	0	$	0
Tax Fees(2)	$	23,365	$	23,365
All Other Fees(3)	$	0	$	0
Total	$	138,753	$	137,209

⁽¹⁾  Audit-related fees consist of the aggregate fees billed for assurance and related services that are reasonably related to the performance of the audit of the registrant’s financial statements and are not reported under the category of audit fees.

⁽²⁾  Tax fees consist of the aggregate fees billed for professional services rendered by the principal accountant relating to tax compliance, tax advice, and tax planning and specifically include fees for tax return preparation and other tax related compliance/planning matters.

⁽³⁾  All other fees consist of the aggregate fees billed for products and services provided by the principal accountant other than audit, audit-related, and tax services.

(e)(1) The registrant’s audit committee has adopted policies and procedures relating to the pre-approval of services provided by the registrant’s principal accountant (the “Pre-Approval Policies”). The Pre-Approval Policies establish a framework intended to assist the audit committee in the proper discharge of its pre-approval responsibilities. As a general matter, the Pre-Approval Policies (i) specify certain types of audit, audit-related, tax, and other services determined to be pre-approved by the audit committee; and (ii) delineate specific procedures governing the mechanics of the pre-approval process, including the approval and monitoring of audit and non-audit service fees. Unless a service is specifically pre-approved under the Pre-Approval Policies, it must be separately pre-approved by the audit committee.

The Pre-Approval Policies and the types of audit and non-audit services pre-approved therein must be reviewed and ratified by the registrant’s audit committee at least annually. The registrant’s audit committee maintains full responsibility for the appointment, compensation, and oversight of the work of the registrant’s principal accountant.

(e)(2) No services described in paragraphs (b)-(d) above were approved by the registrant’s audit committee pursuant to the “de minimis exception” set forth in Rule 2-01 (c)(7)(i)(C) of Regulation S-X.

(f) Not applicable.

(g) The following table presents (i) the aggregate non-audit fees (i.e., fees for audit-related, tax, and other services) billed to the registrant by D&T for the registrant’s fiscal years ended October 31, 2020 and October 31, 2021; and (ii) the aggregate non-audit fees (i.e., fees for audit-related, tax, and other services) billed to the Eaton Vance organization by D&T for the same time periods.

Fiscal Years Ended	10/31/20		10/31/21
Registrant	$	23,365	$	23,365
Eaton Vance(1)	$	51,800	$	51,800

⁽¹⁾  Certain subsidiaries of Morgan Stanley provide ongoing services to the registrant.

(h) The registrant’s audit committee has considered whether the provision by the registrant’s principal accountant of non-audit services to the registrant’s investment adviser and any entity controlling, controlled by, or under common control with the adviser that provides ongoing services to the registrant that were not pre-approved pursuant to Rule 2-01(c)(7)(ii) of Regulation S-X is compatible with maintaining the principal accountant’s independence.

Item 5. Audit Committee of Listed Registrants

Not applicable.

Item 6. Schedule of Investments

Please see schedule of investments contained in the Report to Stockholders included under Item 1 of this Form N-CSR.

Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies

Not applicable.

Item 8. Portfolio Managers of Closed-End Management Investment Companies

Not applicable.

Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers

Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders

No material changes.

Item 11. Controls and Procedures

(a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

(b) There have been no changes in the registrant’s internal controls over financial reporting during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies

Not applicable.

Item 13. Exhibits

(a)(1)	Registrant’s Code of Ethics – Not applicable (please see Item 2).
(a)(2)(i)	Treasurer’s Section 302 certification.
(a)(2)(ii)	President’s Section 302 certification.
(b)	Combined Section 906 certification.

Signatures

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Eaton Vance Floating Rate Portfolio

By:	/s/ Eric A. Stein
	Eric A. Stein
	President
Date:	December 23, 2021

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:	/s/ James F. Kirchner
	James F. Kirchner
	Treasurer
Date:	December 23, 2021
By:	/s/ Eric A. Stein
	Eric A. Stein
	President
Date:	December 23, 2021