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, 2022

Date of Reporting Period

Item 1. Reports to Stockholders

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments

Asset-Backed Securities — 3.3%
Security	Principal Amount (000’s omitted)		Value
AGL CLO 17, Ltd., Series 2022-17A, Class E, 10.338%, (3 mo. SOFR + 6.35%), 1/21/35(1)(2)	$	1,000	$	832,224
Alinea CLO, Ltd.:
Series 2018-1A, Class D, 7.343%, (3 mo. USD LIBOR + 3.10%), 7/20/31(1)(2)		2,500		2,196,693
Series 2018-1A, Class E, 10.243%, (3 mo. USD LIBOR + 6.00%), 7/20/31(1)(2)		3,000		2,410,995
AMMC CLO 15, Ltd., Series 2014-15A, Class ERR, 10.989%, (3 mo. USD LIBOR + 6.91%), 1/15/32(1)(2)		5,000		3,919,760
AMMC CLO XII, Ltd., Series 2013-12A, Class ER, 9.092%, (3 mo. USD LIBOR + 6.18%), 11/10/30(1)(2)		3,525		2,743,021
Apidos CLO XX, Series 2015-20A, Class DR, 9.779%, (3 mo. USD LIBOR + 5.70%), 7/16/31(1)(2)		2,375		1,960,199
Ares LVlll CLO, Ltd., Series 2020-58A, Class ER, 10.564%, (3 mo. SOFR + 6.70%), 1/15/35(1)(2)		3,000		2,439,324
Ares XLIX CLO, Ltd.:
Series 2018-49A, Class D, 7.325%, (3 mo. USD LIBOR + 3.00%), 7/22/30(1)(2)		2,500		2,216,017
Series 2018-49A, Class E, 10.025%, (3 mo. USD LIBOR + 5.70%), 7/22/30(1)(2)		3,500		2,890,412
Ares XXXIIR CLO, Ltd., Series 2014-32RA, Class C, 5.805%, (3 mo. USD LIBOR + 2.90%), 5/15/30(1)(2)		5,000		4,323,625
Ares XXXVR CLO, Ltd., Series 2015-35RA, Class E, 9.779%, (3 mo. USD LIBOR + 5.70%), 7/15/30(1)(2)		4,000		3,249,960
Babson CLO, Ltd.:
Series 2015-1A, Class DR, 6.843%, (3 mo. USD LIBOR + 2.60%), 1/20/31(1)(2)		2,500		2,143,750
Series 2018-1A, Class C, 6.679%, (3 mo. USD LIBOR + 2.60%), 4/15/31(1)(2)		3,500		2,993,819
Bain Capital Credit CLO, Ltd.:
Series 2018-1A, Class D, 7.025%, (3 mo. USD LIBOR + 2.70%), 4/23/31(1)(2)		5,000		4,292,110
Series 2018-1A, Class E, 9.675%, (3 mo. USD LIBOR + 5.35%), 4/23/31(1)(2)		3,000		2,326,506
Battalion CLO XXII, Ltd., Series 2021-22A, Class E, 11.193%, (3 mo. USD LIBOR + 6.95%), 1/20/35(1)(2)		1,750		1,434,109
Battalion CLO XXIII, Ltd., Series 2022-23A, Class D, 6.083%, (3 mo. SOFR + 3.95%), 5/19/36(1)(2)		3,500		3,243,152
Benefit Street Partners CLO V-B, Ltd.:
Series 2018-5BA, Class C, 7.173%, (3 mo. USD LIBOR + 2.93%), 4/20/31(1)(2)		5,000		4,332,635
Series 2018-5BA, Class D, 10.193%, (3 mo. USD LIBOR + 5.95%), 4/20/31(1)(2)		3,500		2,867,620
Benefit Street Partners CLO VIII, Ltd., Series 2015-8A, Class DR, 9.843%, (3 mo. USD LIBOR + 5.60%), 1/20/31(1)(2)		5,401		4,273,152

Security	Principal Amount (000’s omitted)		Value
Benefit Street Partners CLO XIV, Ltd., Series 2018-14A, Class D, 6.843%, (3 mo. USD LIBOR + 2.60%), 4/20/31(1)(2)	$	1,500	$	1,288,166
Benefit Street Partners CLO XVI, Ltd., Series 2018-16A, Class E, 10.779%, (3 mo. USD LIBOR + 6.70%), 1/17/32(1)(2)	2,250		1,902,560
Benefit Street Partners CLO XVII, Ltd., Series 2019-17A, Class ER, 10.429%, (3 mo. USD LIBOR + 6.35%), 7/15/32(1)(2)	1,750		1,458,174
Benefit Street Partners CLO XXII, Ltd., Series 2020-22A, Class ER, 10.893%, (3 mo. SOFR + 6.93%), 4/20/35(1)(2)	1,000		827,510
Benefit Street Partners CLO XXV, Ltd., Series 2021-25A, Class E, 10.929%, (3 mo. USD LIBOR + 6.85%), 1/15/35(1)(2)	3,000		2,603,145
Betony CLO 2, Ltd.:
Series 2018-1A, Class C, 7.315%, (3 mo. USD LIBOR + 2.90%), 4/30/31(1)(2)		2,500		2,181,535
Series 2018-1A, Class D, 10.065%, (3 mo. USD LIBOR + 5.65%), 4/30/31(1)(2)		4,450		3,533,932
BlueMountain CLO XXIV, Ltd., Series 2019-24A, Class ER, 11.083%, (3 mo. USD LIBOR + 6.84%), 4/20/34(1)(2)		1,000		813,847
BlueMountain CLO XXVI, Ltd., Series 2019-26A, Class ER, 11.373%, (3 mo. USD LIBOR + 7.13%), 10/20/34(1)(2)		3,000		2,501,094
BlueMountain CLO XXX, Ltd., Series 2020-30A, Class ER, 10.564%, (3 mo. SOFR + 6.70%), 4/15/35(1)(2)		2,000		1,583,188
BlueMountain CLO XXXV, Ltd., Series 2022-35A, Class E, 9.893%, (3 mo. SOFR + 7.75%), 7/22/35(1)(2)		2,000		1,735,462
BlueMountain CLO, Ltd.:
Series 2016-3A, Class DR, 6.005%, (3 mo. USD LIBOR + 3.10%), 11/15/30(1)(2)		1,500		1,302,261
Series 2016-3A, Class ER, 8.855%, (3 mo. USD LIBOR + 5.95%), 11/15/30(1)(2)		1,500		1,164,126
Series 2018-1A, Class D, 7.465%, (3 mo. USD LIBOR + 3.05%), 7/30/30(1)(2)		2,500		2,126,600
Series 2018-1A, Class E, 10.365%, (3 mo. USD LIBOR + 5.95%), 7/30/30(1)(2)		2,000		1,528,400
Series 2021-33A, Class E, 9.814%, (3 mo. USD LIBOR + 6.83%), 11/20/34(1)(2)		2,500		2,090,870
Canyon Capital CLO, Ltd.:
Series 2012-1RA, Class E, 9.779%, (3 mo. USD LIBOR + 5.70%), 7/15/30(1)(2)		4,875		3,809,369
Series 2016-1A, Class ER, 9.829%, (3 mo. USD LIBOR + 5.75%), 7/15/31(1)(2)		4,000		3,078,144
Series 2016-2A, Class ER, 10.079%, (3 mo. USD LIBOR + 6.00%), 10/15/31(1)(2)		4,500		3,478,288
Series 2017-1A, Class E, 10.329%, (3 mo. USD LIBOR + 6.25%), 7/15/30(1)(2)		3,250		2,569,083

22 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security	Principal Amount (000’s omitted)		Value
Canyon Capital CLO, Ltd.: (continued)
Series 2018-1A, Class D, 6.979%, (3 mo. USD LIBOR + 2.90%), 7/15/31(1)(2)	$	3,000	$	2,598,006
Series 2018-1A, Class E, 9.829%, (3 mo. USD LIBOR + 5.75%), 7/15/31(1)(2)		2,750		2,168,977
Series 2019-2A, Class ER, 10.829%, (3 mo. USD LIBOR + 6.75%), 10/15/34(1)(2)		1,500		1,236,644
Carlyle CLO C17, Ltd.:
Series C17A, Class CR, 7.215%, (3 mo. USD LIBOR + 2.80%), 4/30/31(1)(2)		5,000		4,414,415
Series C17A, Class DR, 10.415%, (3 mo. USD LIBOR + 6.00%), 4/30/31(1)(2)		3,500		2,837,838
Carlyle Global Market Strategies CLO, Ltd.:
Series 2012-3A, Class CR2, 7.511%, (3 mo. USD LIBOR + 3.50%), 1/14/32(1)(2)		2,500		2,038,950
Series 2012-3A, Class DR2, 10.511%, (3 mo. USD LIBOR + 6.50%), 1/14/32(1)(2)		1,500		1,198,611
Series 2014-3RA, Class C, 7.308%, (3 mo. USD LIBOR + 2.95%), 7/27/31(1)(2)		1,000		859,225
Series 2014-3RA, Class D, 9.758%, (3 mo. USD LIBOR + 5.40%), 7/27/31(1)(2)		2,150		1,675,207
Series 2014-4RA, Class C, 6.979%, (3 mo. USD LIBOR + 2.90%), 7/15/30(1)(2)		2,000		1,714,230
Series 2014-4RA, Class D, 9.729%, (3 mo. USD LIBOR + 5.65%), 7/15/30(1)(2)		3,500		2,686,964
Carlyle US CLO, Ltd., Series 2019-4A, Class DR, 10.464%, (3 mo. SOFR + 6.60%), 4/15/35(1)(2)		3,000		2,341,932
CarVal CLO IV, Ltd., Series 2021-1A, Class E, 10.843%, (3 mo. USD LIBOR + 6.60%), 7/20/34(1)(2)		1,000		852,090
CIFC Funding, Ltd., Series 2022-4A, Class D, 6.074%, (3 mo. SOFR + 3.55%), 7/16/35(1)(2)		1,750		1,605,751
Dryden CLO, Ltd.:
Series 2018-55A, Class D, 6.929%, (3 mo. USD LIBOR + 2.85%), 4/15/31(1)(2)		1,500		1,303,875
Series 2018-55A, Class E, 9.479%, (3 mo. USD LIBOR + 5.40%), 4/15/31(1)(2)		2,000		1,602,542
Series 2022-112A, Class E, 10.514%, (3 mo. SOFR + 7.78%), 8/15/34(1)(2)		2,000		1,834,140
Dryden Senior Loan Fund:
Series 2015-41A, Class DR, 6.679%, (3 mo. USD LIBOR + 2.60%), 4/15/31(1)(2)		5,000		4,375,425
Series 2015-41A, Class ER, 9.379%, (3 mo. USD LIBOR + 5.30%), 4/15/31(1)(2)		1,268		1,015,382
Series 2016-42A, Class DR, 7.009%, (3 mo. USD LIBOR + 2.93%), 7/15/30(1)(2)		2,500		2,207,390
Series 2016-42A, Class ER, 9.629%, (3 mo. USD LIBOR + 5.55%), 7/15/30(1)(2)		3,500		2,874,553
Elmwood CLO 14, Ltd., Series 2022-1A, Class E, 10.313%, (3 mo. SOFR + 6.35%), 4/20/35(1)(2)		1,950		1,755,312

Security	Principal Amount (000’s omitted)		Value
Elmwood CLO 17, Ltd., Series 2022-4A, Class E, 9.244%, (3 mo. SOFR + 7.15%), 7/17/35(1)(2)	$	2,250	$	2,002,291
Galaxy XV CLO, Ltd., Series 2013-15A, Class ER, 10.724%, (3 mo. USD LIBOR + 6.65%), 10/15/30(1)(2)		2,500		2,023,443
Galaxy XXV CLO, Ltd.:
Series 2018-25A, Class D, 7.458%, (3 mo. USD LIBOR + 3.10%), 10/25/31(1)(2)		2,500		2,211,837
Series 2018-25A, Class E, 10.308%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2)		3,500		2,826,271
Golub Capital Partners CLO 22B, Ltd., Series 2015-22A, Class ER, 10.243%, (3 mo. USD LIBOR + 6.00%), 1/20/31(1)(2)	2,500		2,065,380
Golub Capital Partners CLO 37B, Ltd.:
Series 2018-37A, Class D, 7.543%, (3 mo. USD LIBOR + 3.30%), 7/20/30(1)(2)		4,000		3,515,372
Series 2018-37A, Class E, 9.993%, (3 mo. USD LIBOR + 5.75%), 7/20/30(1)(2)		4,750		4,324,319
Golub Capital Partners CLO 53B, Ltd., Series 2021-53A, Class E, 10.943%, (3 mo. USD LIBOR + 6.70%), 7/20/34(1)(2)	1,250		1,034,799
Golub Capital Partners CLO 58B, Ltd.,
Series 2021-58A, Class E, 11.168%, (3 mo. USD LIBOR + 6.81%), 1/25/35(1)(2)		2,500		2,057,463
Halseypoint CLO 5, Ltd., Series 2021-5A, Class E, 11.355%, (3 mo. USD LIBOR + 6.94%), 1/30/35(1)(2)		2,000		1,673,020
Harriman Park CLO, Ltd., Series 2020-1A, Class ER, 10.643%, (3 mo. USD LIBOR + 6.40%), 4/20/34(1)(2)		1,000		844,910
ICG US CLO, Ltd.:
Series 2018-2A, Class D, 7.425%, (3 mo. USD LIBOR + 3.10%), 7/22/31(1)(2)		2,000		1,718,470
Series 2018-2A, Class E, 10.075%, (3 mo. USD LIBOR + 5.75%), 7/22/31(1)(2)		3,000		2,239,749
Madison Park Funding LIX, Ltd., Series 2021-59A, Class E, 10.794%, (3 mo. USD LIBOR + 6.60%), 1/18/34(1)(2)		1,450		1,239,750
Madison Park Funding XXV, Ltd., Series 2017-25A, Class D, 10.458%, (3 mo. USD LIBOR + 6.10%), 4/25/29(1)(2)		1,500		1,291,446
Madison Park Funding XXXVI, Ltd., Series 2019-36A, Class ER, 10.914%, (3 mo. SOFR + 7.05%), 4/15/35(1)(2)		2,500		2,159,505
Marble Point CLO XXIV, Ltd., Series 2022-1A, Class D1, 8.203%, (3 mo. SOFR + 4.24%), 4/20/35(1)(2)		2,000		1,823,490
Neuberger Berman CLO XXII, Ltd.:
Series 2016-22A, Class DR, 7.179%, (3 mo. USD LIBOR + 3.10%), 10/17/30(1)(2)		2,500		2,232,140
Series 2016-22A, Class ER, 10.139%, (3 mo. USD LIBOR + 6.06%), 10/17/30(1)(2)		3,000		2,543,190

23 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security	Principal Amount (000’s omitted)		Value
Neuberger Berman Loan Advisers CLO 28, Ltd., Series 2018-28A, Class E, 9.843%, (3 mo. USD LIBOR + 5.60%), 4/20/30(1)(2)	$	1,950	$	1,622,985
Neuberger Berman Loan Advisers CLO 30, Ltd.:
Series 2018-30A, Class DR, 7.093%, (3 mo. USD LIBOR + 2.85%), 1/20/31(1)(2)		2,500		2,214,132
Series 2018-30A, Class ER, 10.443%, (3 mo. USD LIBOR + 6.20%), 1/20/31(1)(2)		1,000		858,181
Neuberger Berman Loan Advisers CLO 48, Ltd.,
Series 2022-48A, Class E, 10.56%, (3 mo. SOFR + 6.50%), 4/25/36(1)(2)		3,200		2,735,840
OCP CLO, Ltd.:
Series 2022-24A, Class D, 5.461%, (3 mo. SOFR + 3.80%), 7/20/35(1)(2)		500		454,612
Series 2022-24A, Class E, 9.081%, (3 mo. SOFR + 7.42%), 7/20/35(1)(2)		1,000		858,601
Palmer Square CLO, Ltd.:
Series 2013-2A, Class DRR, 9.929%, (3 mo. USD LIBOR + 5.85%), 10/17/31(1)(2)		3,000		2,536,680
Series 2015-1A, Class DR4, 9.484%, (3 mo. USD LIBOR + 6.50%), 5/21/34(1)(2)		2,000		1,700,194
Series 2018-1A, Class C, 6.694%, (3 mo. USD LIBOR + 2.50%), 4/18/31(1)(2)		3,000		2,644,785
Series 2018-1A, Class D, 9.344%, (3 mo. USD LIBOR + 5.15%), 4/18/31(1)(2)		2,000		1,656,110
Series 2018-2A, Class D, 9.679%, (3 mo. USD LIBOR + 5.60%), 7/16/31(1)(2)		2,000		1,718,734
Series 2021-2A, Class E, 10.429%, (3 mo. USD LIBOR + 6.35%), 7/15/34(1)(2)		1,000		886,353
Series 2022-1A, Class E, 10.313%, (3 mo. SOFR + 6.35%), 4/20/35(1)(2)		2,000		1,725,646
Series 2022-3A, Class E, 11.274%, (3 mo. SOFR + 7.98%), 7/20/35(1)(2)		2,250		2,125,868
RAD CLO 5, Ltd., Series 2019-5A, Class E, 11.025%, (3 mo. USD LIBOR + 6.70%), 7/24/32(1)(2)		1,750		1,466,325
RAD CLO 14, Ltd., Series 2021-14A, Class E, 10.579%, (3 mo. USD LIBOR + 6.50%), 1/15/35(1)(2)		950		773,088
Regatta XIII Funding, Ltd.:
Series 2018-2A, Class C, 7.179%, (3 mo. USD LIBOR + 3.10%), 7/15/31(1)(2)		2,500		2,203,268
Series 2018-2A, Class D, 10.029%, (3 mo. USD LIBOR + 5.95%), 7/15/31(1)(2)		5,000		4,032,770
Regatta XIV Funding, Ltd.:
Series 2018-3A, Class D, 7.558%, (3 mo. USD LIBOR + 3.20%), 10/25/31(1)(2)		2,500		2,206,957
Series 2018-3A, Class E, 10.308%, (3 mo. USD LIBOR + 5.95%), 10/25/31(1)(2)		4,500		3,618,648
Regatta XV Funding, Ltd., Series 2018-4A, Class D, 10.858%, (3 mo. USD LIBOR + 6.50%), 10/25/31(1)(2)		3,875		3,111,687
Upland CLO, Ltd.:
Series 2016-1A, Class CR, 7.143%, (3 mo. USD LIBOR + 2.90%), 4/20/31(1)(2)		4,500		3,899,839

Security	Principal Amount (000’s omitted)		Value
Upland CLO, Ltd.: (continued)
Series 2016-1A, Class DR, 10.143%, (3 mo. USD LIBOR + 5.90%), 4/20/31(1)(2)	$	4,625	$	3,694,686
Vibrant CLO IX, Ltd.:
Series 2018-9A, Class C, 7.443%, (3 mo. USD LIBOR + 3.20%), 7/20/31(1)(2)		2,500		2,083,450
Series 2018-9A, Class D, 10.493%, (3 mo. USD LIBOR + 6.25%), 7/20/31(1)(2)		3,500		2,453,027
Vibrant CLO X, Ltd.:
Series 2018-10A, Class C, 7.493%, (3 mo. USD LIBOR + 3.25%), 10/20/31(1)(2)		5,000		4,156,205
Series 2018-10A, Class D, 10.433%, (3 mo. USD LIBOR + 6.19%), 10/20/31(1)(2)		5,000		3,645,185
Voya CLO, Ltd.:
Series 2015-3A, Class CR, 7.393%, (3 mo. USD LIBOR + 3.15%), 10/20/31(1)(2)		2,500		2,065,483
Series 2015-3A, Class DR, 10.443%, (3 mo. USD LIBOR + 6.20%), 10/20/31(1)(2)		5,500		3,974,866
Series 2016-3A, Class CR, 7.444%, (3 mo. USD LIBOR + 3.25%), 10/18/31(1)(2)		2,000		1,573,884
Series 2016-3A, Class DR, 10.274%, (3 mo. USD LIBOR + 6.08%), 10/18/31(1)(2)		3,375		2,472,660
Series 2018-1A, Class C, 6.827%, (3 mo. USD LIBOR + 2.60%), 4/19/31(1)(2)		5,000		4,254,190
Series 2018-2A, Class E, 9.329%, (3 mo. USD LIBOR + 5.25%), 7/15/31(1)(2)		2,500		1,930,378
Webster Park CLO, Ltd.:
Series 2015-1A, Class CR, 7.143%, (3 mo. USD LIBOR + 2.90%), 7/20/30(1)(2)		2,000		1,764,840
Series 2015-1A, Class DR, 9.743%, (3 mo. USD LIBOR + 5.50%), 7/20/30(1)(2)		2,500		2,049,573
Wellfleet CLO, Ltd.:
Series 2021-1A, Class D, 7.743%, (3 mo. USD LIBOR + 3.50%), 4/20/34(1)(2)		1,200		1,048,104
Series 2021-3A, Class E, 11.179%, (3 mo. USD LIBOR + 7.10%), 1/15/35(1)(2)		950		787,360
Series 2022-1A, Class D, 8.004%, (3 mo. SOFR + 4.14%), 4/15/34(1)(2)		1,000		901,800
Series 2022-1A, Class E, 11.724%, (3 mo. SOFR + 7.86%), 4/15/34(1)(2)		2,000		1,774,440
Total Asset-Backed Securities (identified cost $323,247,901)			$	269,370,575
Common Stocks — 0.7%
Security	Shares		Value
Aerospace and Defense — 0.1%
IAP Global Services, LLC(3)(4)(5)(6)		950	$	4,055,113
IAP Global Services, LLC(3)(4)(5)		1,627		4,630,051
			$	8,685,164

24 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security	Shares		Value
Containers and Glass Products — 0.0%(7)
LG Newco Holdco, Inc., Class A(5)(6)		250,979	$	3,220,889
			$	3,220,889
Electronics/Electrical — 0.0%(7)
Skillsoft Corp.(5)(6)		893,525	$	1,599,410
			$	1,599,410
Health Care — 0.1%
Akorn Holding Company, LLC, Class A(5)(6)		705,631	$	4,233,786
			$	4,233,786
Investment Companies — 0.1%
Aegletes B.V.(5)(6)		115,904	$	4,288,448
			$	4,288,448
Nonferrous Metals/Minerals — 0.1%
ACNR Holdings, Inc., Class A(5)(6)		36,829	$	3,793,387
			$	3,793,387
Oil and Gas — 0.1%
AFG Holdings, Inc.(4)(5)(6)		498,342	$	1,480,076
McDermott International, Ltd.(5)(6)		1,013,850		542,410
QuarterNorth Energy, Inc.(6)		66,091		8,096,147
QuarterNorth Energy, Inc.(6)		9,684		1,186,290
			$	11,304,923
Radio and Television — 0.1%
Clear Channel Outdoor Holdings, Inc.(5)(6)		1,204,044	$	1,721,783
Cumulus Media, Inc., Class A(5)(6)		644,574		4,750,510
iHeartMedia, Inc., Class A(5)(6)		512,034		4,239,642
			$	10,711,935
Retailers (Except Food and Drug) — 0.0%(7)
David’s Bridal, LLC(4)(5)(6)		272,023	$	0
Phillips Pet Holding Corp.(4)(5)(6)		2,590		793,493
			$	793,493
Telecommunications — 0.1%
GEE Acquisition Holdings Corp.(4)(5)(6)		364,650	$	3,281,850
			$	3,281,850

Security	Shares		Value
Utilities — 0.0%(7)
Longview Intermediate Holdings, LLC, Class A(5)(6)		149,459	$	2,055,061
			$	2,055,061
Total Common Stocks (identified cost $87,489,231)			$	53,968,346
Convertible Preferred Stocks — 0.1%
Security	Shares		Value
Containers and Glass Products — 0.1%
LG Newco Holdco, Inc., Series A, 13.00%(5)(6)		38,060	$	4,538,607
Total Convertible Preferred Stocks (identified cost $1,998,129)			$	4,538,607
Corporate Bonds — 7.0%
Security	Principal Amount* (000’s omitted)		Value
Aerospace and Defense — 0.1%
Spirit AeroSystems, Inc., 5.50%, 1/15/25(1)		3,000	$	2,899,125
TransDigm, Inc.:
6.25%, 3/15/26(1)		1,500		1,482,202
8.00%, 12/15/25(1)		1,500		1,528,095
			$	5,909,422
Air Transport — 0.7%
Air Canada, 3.875%, 8/15/26(1)		6,850	$	6,071,121
American Airlines, Inc./AAdvantage Loyalty IP, Ltd.:
5.50%, 4/20/26(1)		17,175		16,383,777
5.75%, 4/20/29(1)		12,875		11,739,232
Delta Air Lines, Inc., 7.00%, 5/1/25(1)		4,650		4,715,956
Delta Air Lines, Inc./SkyMiles IP, Ltd., 4.75%, 10/20/28(1)		6,425		5,981,367
United Airlines, Inc.:
4.375%, 4/15/26(1)		4,625		4,229,645
4.625%, 4/15/29(1)		4,625		3,963,741
			$	53,084,839
Automotive — 0.2%
Clarios Global, L.P., 6.75%, 5/15/25(1)		1,890	$	1,894,007

25 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security		Principal Amount* (000’s omitted)		Value
Automotive (continued)
Clarios Global, L.P./Clarios U.S. Finance Co., 6.25%, 5/15/26(1)			3,893	$	3,775,665
Tenneco, Inc.:
5.125%, 4/15/29(1)			9,050		8,988,485
7.875%, 1/15/29(1)			450		446,573
				$	15,104,730
Building and Development — 0.0%(7)
Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 5/15/28(1)			3,150	$	3,002,785
Winnebago Industries, Inc., 6.25%, 7/15/28(1)			900		838,735
				$	3,841,520
Business Equipment and Services — 0.7%
Allied Universal Holdco, LLC/Allied Universal Finance Corp., 6.625%, 7/15/26(1)			2,075	$	1,985,557
Allied Universal Holdco, LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l.:
4.625%, 6/1/28(1)			17,475		14,329,150
4.625%, 6/1/28(1)			24,975		20,941,648
Prime Security Services Borrower, LLC/Prime Finance, Inc.:
5.25%, 4/15/24(1)			7,900		7,876,379
5.75%, 4/15/26(1)			15,225		14,846,954
				$	59,979,688
Cable and Satellite Television — 0.6%
Altice France S.A.:
5.125%, 1/15/29(1)			1,300	$	980,129
5.125%, 7/15/29(1)			57,625		43,506,875
5.50%, 10/15/29(1)			6,455		4,934,363
				$	49,421,367
Chemicals — 0.1%
Cheever Escrow Issuer, LLC, 7.125%, 10/1/27(1)			925	$	850,440
INEOS Finance PLC, 3.375%, 3/31/26(1)	EUR		1,250		1,112,895
INEOS Quattro Finance 2 PLC, 3.375%, 1/15/26(1)			3,050		2,584,494
Olympus Water US Holding Corp., 4.25%, 10/1/28(1)			9,350		7,614,108
				$	12,161,937
Commercial Services — 0.1%
WASH Multifamily Acquisition, Inc., 5.75%, 4/15/26(1)			8,225	$	7,682,304
				$	7,682,304

Security	Principal Amount* (000’s omitted)		Value
Communications Equipment — 0.1%
CommScope, Inc., 4.75%, 9/1/29(1)		6,650	$	5,633,343
			$	5,633,343
Containers & Packaging — 0.2%
Clydesdale Acquisition Holdings, Inc., 6.625%, 4/15/29(1)		2,300	$	2,186,714
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer, LLC:
4.00%, 10/15/27(1)		5,150		4,571,140
4.375%, 10/15/28(1)		9,125		7,997,013
			$	14,754,867
Diversified Financial Services — 0.2%
AG Issuer, LLC, 6.25%, 3/1/28(1)		8,075	$	7,525,312
AG TTMT Escrow Issuer, LLC, 8.625%, 9/30/27(1)		2,925		2,939,888
NFP Corp., 7.50%, 10/1/30(1)		2,925		2,789,011
			$	13,254,211
Diversified Telecommunication Services — 0.1%
Virgin Media Secured Finance PLC, 4.50%, 8/15/30(1)		6,500	$	5,386,675
Zayo Group Holdings, Inc., 4.00%, 3/1/27(1)		4,000		3,097,340
			$	8,484,015
Drugs — 0.1%
Jazz Securities DAC, 4.375%, 1/15/29(1)		9,150	$	8,143,683
			$	8,143,683
Ecological Services and Equipment — 0.1%
GFL Environmental, Inc., 4.25%, 6/1/25(1)		5,300	$	5,067,489
			$	5,067,489
Electronics/Electrical — 0.3%
GoTo Group, Inc., 5.50%, 9/1/27(1)		10,760	$	6,267,915
Imola Merger Corp., 4.75%, 5/15/29(1)		18,175		15,702,200
			$	21,970,115
Entertainment — 0.1%
AMC Entertainment Holdings, Inc., 7.50%, 2/15/29(1)		8,700	$	5,992,299
Live Nation Entertainment, Inc., 3.75%, 1/15/28(1)		2,075		1,810,974
Six Flags Theme Parks, Inc., 7.00%, 7/1/25(1)		1,070		1,081,984
			$	8,885,257
Health Care — 0.5%
Medline Borrower, L.P., 3.875%, 4/1/29(1)		22,800	$	18,665,220

26 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security	Principal Amount* (000’s omitted)		Value
Health Care (continued)
RP Escrow Issuer, LLC, 5.25%, 12/15/25(1)		2,150	$	1,612,972
Tenet Healthcare Corp., 4.25%, 6/1/29(1)		22,950		19,370,374
			$	39,648,566
Hotels, Restaurants & Leisure — 0.4%
Carnival Corporation, 4.00%, 8/1/28(1)		34,575	$	27,919,312
SeaWorld Parks & Entertainment, Inc., 8.75%, 5/1/25(1)		2,125		2,179,475
			$	30,098,787
Household Products — 0.0%(7)
Kronos Acquisition Holdings, Inc./KIK Custom
Products, Inc., 5.00%, 12/31/26(1)		1,075	$	975,933
			$	975,933
Insurance — 0.0%(7)
Alliant Holdings Intermediate LLC/Alliant Holdings
Co., 4.25%, 10/15/27(1)		700	$	631,792
			$	631,792
Internet Software & Services — 0.2%
Arches Buyer, Inc., 4.25%, 6/1/28(1)		6,900	$	5,676,492
Central Parent, Inc./CDK Global, Inc., 7.25%, 6/15/29(1)		13,700		13,125,422
			$	18,801,914
IT Services — 0.0%(7)
Rackspace Technology Global, Inc., 3.50%, 2/15/28(1)		6,185	$	4,095,299
			$	4,095,299
Leisure Goods/Activities/Movies — 0.3%
Lindblad Expeditions, LLC, 6.75%, 2/15/27(1)		3,300	$	2,940,503
NCL Corp., Ltd., 5.875%, 2/15/27(1)		22,000		19,670,090
			$	22,610,593
Machinery — 0.2%
Madison IAQ, LLC, 4.125%, 6/30/28(1)		13,400	$	11,118,918
TK Elevator U.S. Newco, Inc., 5.25%, 7/15/27(1)		4,150		3,730,933
			$	14,849,851
Media — 0.4%
Diamond Sports Group, LLC/Diamond Sports Finance Co., 5.375%, 8/15/26(1)		6,753	$	1,358,940
iHeartCommunications, Inc.:
4.75%, 1/15/28(1)		2,550		2,228,662

Security	Principal Amount* (000’s omitted)		Value
Media (continued)
iHeartCommunications, Inc.: (continued)
5.25%, 8/15/27(1)		2,125	$	1,939,700
6.375%, 5/1/26		2,896		2,766,068
8.375%, 5/1/27		5,248		4,723,690
Univision Communications, Inc.:
4.50%, 5/1/29(1)		9,125		7,703,325
7.375%, 6/30/30(1)		11,300		10,946,366
			$	31,666,751
Oil, Gas & Consumable Fuels — 0.1%
CITGO Petroleum Corporation:
6.375%, 6/15/26(1)		1,750	$	1,727,932
7.00%, 6/15/25(1)		10,525		10,376,387
			$	12,104,319
Pharmaceuticals — 0.1%
Bausch Health Companies, Inc.:
4.875%, 6/1/28(1)		8,675	$	5,331,872
6.125%, 2/1/27(1)		6,075		4,004,461
			$	9,336,333
Professional Services — 0.0%(7)
CoreLogic, Inc., 4.50%, 5/1/28(1)		5,525	$	3,727,648
			$	3,727,648
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	$	5,844,951
			$	5,844,951
Retail — 0.2%
Fertitta Entertainment, LLC/Fertitta Entertainment Finance Co., Inc., 4.625%, 1/15/29(1)		15,580	$	13,578,983
			$	13,578,983
Retailers (Except Food and Drug) — 0.0%(7)
PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28(1)		1,300	$	1,189,513
			$	1,189,513
Software — 0.2%
Boxer Parent Co., Inc., 7.125%, 10/2/25(1)		4,225	$	4,160,780
Sabre GLBL, Inc.:
7.375%, 9/1/25(1)		2,125		1,999,668

27 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Security	Principal Amount* (000’s omitted)		Value
Software (continued)
Sabre GLBL, Inc.: (continued)
9.25%, 4/15/25(1)		2,525	$	2,451,106
Veritas US, Inc./Veritas Bermuda, Ltd., 7.50%, 9/1/25(1)		10,350		8,732,559
			$	17,344,113
Technology — 0.1%
Clarivate Science Holdings Corp., 3.875%, 7/1/28(1)		11,400	$	9,803,709
			$	9,803,709
Telecommunications — 0.3%
LCPR Senior Secured Financing DAC, 5.125%, 7/15/29(1)		9,325	$	7,878,972
Lumen Technologies, Inc., 4.00%, 2/15/27(1)		11,277		9,604,734
VMED O2 UK Financing I PLC, 4.25%, 1/31/31(1)		8,550		6,815,037
			$	24,298,743
Trading Companies & Distributors — 0.1%
American Builders & Contractors Supply Co., Inc., 4.00%, 1/15/28(1)		2,975	$	2,630,927
SRS Distribution, Inc., 4.625%, 7/1/28(1)		4,575		4,027,235
			$	6,658,162
Utilities — 0.0%(7)
Calpine Corp., 5.25%, 6/1/26(1)		1,109	$	1,054,137
			$	1,054,137
Wireless Telecommunication Services — 0.1%
Digicel International Finance, Ltd./Digicel International Holdings, Ltd., 8.75%, 5/25/24(1)		6,325	$	5,411,955
			$	5,411,955
Total Corporate Bonds (identified cost $665,096,030)			$	567,110,839
Exchange-Traded Funds — 0.2%
Security	Shares		Value
SPDR Blackstone Senior Loan ETF		426,000	$	17,610,840
Total Exchange-Traded Funds (identified cost $19,593,027)			$	17,610,840

Preferred Stocks — 0.1%
Security			Shares		Value
Financial Services — 0.0%
DBI Investors, Inc., Series A-1(4)(5)(6)				13,348	$	0
					$	0
Nonferrous Metals/Minerals — 0.1%
ACNR Holdings, Inc., 15.00% (PIK)(5)(6)				17,394	$	10,740,795
					$	10,740,795
Retailers (Except Food and Drug) — 0.0%
David’s Bridal, LLC:
Series A 8.00% (PIK)(4)(5)(6)				7,852	$	0
Series B 10.00% (PIK)(4)(5)(6)				31,998		0
					$	0
Total Preferred Stocks (identified cost $2,590,558)					$	10,740,795
Senior Floating-Rate Loans — 84.3%(8)
Borrower/Description	Principal Amount* (000’s omitted)				Value
Aerospace and Defense — 1.9%
Aernnova Aerospace S.A.U.:
Term Loan, 3.00%, (6 mo. EURIBOR + 3.00%), 2/26/27		EUR		4,656	$	3,938,040
Term Loan, 4.10%, (3 mo. EURIBOR + 3.00%), 2/22/27		EUR		1,194		1,009,754
AI Convoy (Luxembourg) S.a.r.l.:
Term Loan, 5.532%, (6 mo. EURIBOR + 3.50%), 1/18/27		EUR		3,850		3,538,428
Term Loan, 8.173%, (USD LIBOR + 3.50%), 1/18/27(9)				3,003		2,941,741
Dynasty Acquisition Co., Inc.:
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 4/6/26				29,031		27,346,879
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 4/6/26				15,611		14,705,201
IAP Worldwide Services, Inc., Term Loan - Second Lien, 10.174%, (3 mo. USD LIBOR + 6.50%), 7/18/23(4)				6,770		5,255,578
Spirit Aerosystems, Inc., Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 1/15/25				10,385		10,310,943
TransDigm, Inc.:
Term Loan, 5.924%, (3 mo. USD LIBOR + 2.25%), 8/22/24				27,752		27,343,269
Term Loan, 5.924%, (3 mo. USD LIBOR + 2.25%), 5/30/25				6,271		6,140,590

28 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Aerospace and Defense (continued)
TransDigm, Inc.: (continued)
Term Loan, 5.924%, (3 mo. USD LIBOR + 2.25%), 12/9/25			24,276	$	23,739,174
WP CPP Holdings, LLC, Term Loan, 8.168%, (USD LIBOR + 3.75%), 4/30/25(9)			27,375		23,542,674
				$	149,812,271
Airlines — 1.2%
American Airlines, Inc.:
Term Loan, 5.346%, (1 mo. USD LIBOR + 1.75%), 6/27/25			6,083	$	5,764,181
Term Loan, 8.993%, (3 mo. USD LIBOR + 4.75%), 4/20/28			27,625		27,388,226
Mileage Plus Holdings, LLC, Term Loan, 8.777%, (3 mo. USD LIBOR + 5.25%), 6/21/27			15,603		15,963,360
SkyMiles IP, Ltd., Term Loan, 7.993%, (3 mo. USD LIBOR + 3.75%), 10/20/27			31,975		32,303,639
United Airlines, Inc., Term Loan, 8.108%, (3 mo. USD LIBOR + 3.75%), 4/21/28			17,604		17,230,568
				$	98,649,974
Apparel & Luxury Goods — 0.0%(7)
Samsonite International S.A., Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 4/25/25			2,709	$	2,593,470
				$	2,593,470
Auto Components — 2.2%
Adient US, LLC, Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 4/10/28			13,602	$	13,177,042
American Axle and Manufacturing, Inc., Term Loan, 5.84%, (1 mo. USD LIBOR + 2.25%), 4/6/24			15,879		15,704,072
Chassix, Inc., Term Loan, 8.272%, (USD LIBOR + 5.50%), 11/15/23(9)			9,336		8,562,114
Clarios Global, L.P.:
Term Loan, 4.383%, (1 mo. EURIBOR + 3.25%), 4/30/26	EUR		24,804		22,888,938
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 4/30/26			6,152		6,000,607
DexKo Global, Inc.:
Term Loan, 5.133%, (1 mo. EURIBOR + 4.00%), 10/4/28	EUR		1,012		882,832
Term Loan, 5.218%, (EURIBOR + 4.00%), 10/4/28(9)	EUR		6,291		5,486,708
Term Loan, 5.578%, (3 mo. EURIBOR + 4.00%), 10/4/28	EUR		3,272		2,853,238
Term Loan, 7.476%, (USD LIBOR + 3.75%), 10/4/28(9)			13,507		12,270,386

Borrower/Description		Principal Amount* (000’s omitted)		Value
Auto Components (continued)
Garrett LX I S.a.r.l.:
Term Loan, 5.105%, (3 mo. EURIBOR + 3.50%), 4/30/28	EUR		15,900	$	14,731,097
Term Loan, 7.67%, (3 mo. USD LIBOR + 3.25%), 4/30/28			5,668		5,526,056
LTI Holdings, Inc.:
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 9/6/25			5,664		5,298,672
Term Loan, 8.254%, (1 mo. USD LIBOR + 4.50%), 7/24/26			7,117		6,689,864
Tenneco, Inc., Term Loan, 6.206%, (1 mo. USD LIBOR + 3.00%), 10/1/25			33,876		33,774,725
TI Group Automotive Systems, LLC, Term Loan, 4.443%, (1 mo. EURIBOR + 3.25%), 12/16/26	EUR		8,888		8,147,007
Truck Hero, Inc., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 1/31/28			15,351		13,254,487
Wheel Pros, LLC, Term Loan, 8.825%, (3 mo. USD LIBOR + 4.50%), 5/11/28			1,837		1,343,889
				$	176,591,734
Automobiles — 0.7%
Bombardier Recreational Products, Inc., Term Loan, 5.754%, (1 mo. USD LIBOR + 2.00%), 5/24/27			43,610	$	42,001,500
MajorDrive Holdings IV, LLC, Term Loan, 7.125%, (3 mo. USD LIBOR + 4.00%), 6/1/28			15,524		14,340,039
				$	56,341,539
Beverages — 0.3%
Arterra Wines Canada, Inc., Term Loan, 7.142%, (3 mo. USD LIBOR + 3.50%), 11/24/27			1,427	$	1,306,199
City Brewing Company, LLC, Term Loan, 6.814%, (1 mo. USD LIBOR + 3.50%), 4/5/28			5,810		4,016,356
Triton Water Holdings, Inc., Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 3/31/28			16,801		15,041,802
				$	20,364,357
Biotechnology — 0.5%
Alkermes, Inc., Term Loan, 5.98%, (1 mo. USD LIBOR + 2.50%), 3/12/26			18,364	$	17,675,288
Alltech, Inc., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 10/13/28			7,518		7,226,858
Grifols Worldwide Operations USA, Inc., Term Loan, 5.754%, (1 mo. USD LIBOR + 2.00%), 11/15/27			17,440		16,771,627
				$	41,673,773
Building Products — 0.9%
ACProducts, Inc., Term Loan, 7.325%, (USD LIBOR + 4.25%), 5/17/28(9)			18,763	$	13,154,858

29 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Building Products (continued)
Cornerstone Building Brands, Inc., Term Loan, 6.589%, (1 mo. USD LIBOR + 3.25%), 4/12/28			19,710	$	16,624,496
CPG International, Inc., Term Loan, 6.269%, (SOFR + 2.50%), 4/28/29			13,775		13,359,601
LHS Borrower, LLC, Term Loan, 8.579%, (SOFR + 4.75%), 2/16/29			13,044		10,359,005
MI Windows and Doors, LLC, Term Loan, 7.329%, (SOFR + 3.50%), 12/18/27			6,611		6,450,259
Standard Industries, Inc., Term Loan, 6.675%, (6 mo. USD LIBOR + 2.50%), 9/22/28			15,487		15,198,955
				$	75,147,174
Capital Markets — 3.5%
Advisor Group, Inc., Term Loan, 8.254%, (1 mo. USD LIBOR + 4.50%), 7/31/26			36,937	$	35,574,908
AllSpring Buyer, LLC, Term Loan, 6.688%, (3 mo. USD LIBOR + 3.00%), 11/1/28			6,283		6,212,261
Aretec Group, Inc., Term Loan, 8.079%, (SOFR + 4.25%), 10/1/25			18,467		17,970,686
Axalta Coating Systems US Holdings, Inc., Term Loan, 5.424%, (3 mo. USD LIBOR + 1.75%), 6/1/24			20,974		20,773,404
CeramTec AcquiCo GmbH, Term Loan, 4.332%, (3 mo. EURIBOR + 3.75%), 3/16/29	EUR		12,779		11,708,004
Clipper Acquisitions Corp., Term Loan, 4.924%, (1 mo. USD LIBOR + 1.75%), 3/3/28			11,211		11,001,071
Edelman Financial Center, LLC, Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 4/7/28			29,001		27,102,658
EIG Management Company, LLC, Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 2/22/25			2,889		2,809,431
FinCo I, LLC, Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 6/27/25			18,666		18,628,534
Focus Financial Partners, LLC:
Term Loan, 5.754%, (1 mo. USD LIBOR + 2.00%), 7/3/24			12,976		12,812,528
Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 6/30/28			9,978		9,775,755
Franklin Square Holdings, L.P., Term Loan, 6.063%, (1 mo. USD LIBOR + 2.25%), 8/1/25			6,264		6,170,013
Guggenheim Partners, LLC, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 7/21/23			19,376		19,278,743
HighTower Holdings, LLC, Term Loan, 8.278%, (3 mo. USD LIBOR + 4.00%), 4/21/28			9,199		8,577,641
Hudson River Trading, LLC, Term Loan, 6.164%, (SOFR + 3.00%), 3/20/28			25,834		23,803,466
LPL Holdings, Inc., Term Loan, 4.878%, (1 mo. USD LIBOR + 1.75%), 11/12/26			15,949		15,769,574
Mariner Wealth Advisors, LLC, Term Loan, 7.065%, (SOFR + 3.25%), 8/18/28			13,584		13,091,240

Borrower/Description		Principal Amount* (000’s omitted)		Value
Capital Markets (continued)
Victory Capital Holdings, Inc.:
Term Loan, 5.962%, (SOFR + 2.25%), 7/1/26			13,543	$	13,285,020
Term Loan, 5.962%, (SOFR + 2.25%), 12/29/28			6,979		6,832,637
				$	281,177,574
Chemicals — 3.3%
Aruba Investments, Inc.:
Term Loan, 4.979%, (1 mo. EURIBOR + 4.00%), 11/24/27	EUR		3,398	$	3,089,654
Term Loan, 7.576%, (1 mo. USD LIBOR + 4.00%), 11/24/27			5,048		4,758,099
Caldic B.V., Term Loan, 5.105%, (3 mo. EURIBOR + 3.50%), 2/3/29	EUR		6,000		5,418,079
Chemours Company (The), Term Loan, 3.20%, (3 mo. EURIBOR + 2.00%), 4/3/25	EUR		2,790		2,619,195
Colouroz Investment 1 GmbH:
Term Loan, 5.752%, (EURIBOR + 4.25%), 9/21/23(9)	EUR		2,514		1,913,365
Term Loan, 5.751%, (3 mo. EURIBOR + 4.25%), 9/21/23	EUR		27		20,701
CPC Acquisition Corp., Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 12/29/27			16,671		13,336,900
Flint Group GmbH:
Term Loan, 5.751%, (3 mo. EURIBOR + 4.25%), 9/21/23	EUR		276		209,996
Term Loan, 5.751%, (3 mo. EURIBOR + 4.25%), 9/21/23	EUR		32		24,257
Term Loan, 5.751%, (3 mo. EURIBOR + 4.25%), 9/21/23	EUR		73		55,234
Term Loan, 5.751%, (3 mo. EURIBOR + 4.25%), 9/21/23	EUR		144		109,443
Term Loan, 7.009%, (3 mo. USD LIBOR + 4.25%), 9/21/23			1,387		1,048,547
Flint Group US LLC, Term Loan, 9.32%, (3 mo. USD LIBOR + 5.00%), 8.57% cash, 0.75% PIK, 9/21/23			8,387		6,342,859
Gemini HDPE, LLC, Term Loan, 7.358%, (3 mo. USD LIBOR + 3.00%), 12/31/27			4,910		4,733,803
GEON Performance Solutions, LLC, Term Loan, 8.174%, (1 mo. USD LIBOR + 4.50%), 8/18/28			5,718		5,555,971
Groupe Solmax, Inc., Term Loan, 8.392%, (3 mo. USD LIBOR + 4.75%), 5/29/28			15,503		13,565,154
INEOS Enterprises Holdings II Limited, Term Loan, 3.25%, (3 mo. EURIBOR + 3.25%), 8/31/26	EUR		1,975		1,789,144
INEOS Enterprises Holdings US Finco, LLC, Term Loan, 6.57%, (3 mo. USD LIBOR + 3.50%), 8/28/26			5,040		4,586,006
INEOS Finance PLC:
Term Loan, 3.133%, (1 mo. EURIBOR + 2.00%), 4/1/24	EUR		6,225		6,048,410

30 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Chemicals (continued)
INEOS Finance PLC: (continued)
Term Loan, 3.883%, (1 mo. EURIBOR + 2.75%), 11/8/28	EUR		8,900	$	7,981,846
INEOS Quattro Holdings UK Ltd., Term Loan, 3.883%, (1 mo. EURIBOR + 2.75%), 1/29/26	EUR		24,900		22,249,215
INEOS Styrolution US Holding, LLC, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 1/29/26			15,882		14,991,886
INEOS US Finance, LLC, Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 11/8/28			6,214		5,800,091
Kraton Corporation, Term Loan, 6.718%, (SOFR + 3.25%), 3/15/29			5,672		5,494,266
Kraton Polymers Holdings B.V., Term Loan, 4.25%, (3 mo. EURIBOR + 3.25%), 3/15/29	EUR		4,250		3,874,557
Lonza Group AG:
Term Loan, 5.193%, (3 mo. EURIBOR + 4.00%), 7/3/28	EUR		7,125		6,341,552
Term Loan, 5.193%, (3 mo. EURIBOR + 4.00%), 7/3/28	EUR		8,475		7,543,109
Term Loan, 7.674%, (3 mo. USD LIBOR + 4.00%), 7/3/28			21,910		19,368,184
LSF11 Skyscraper Holdco S.a.r.l.:
Term Loan, 4.693%, (3 mo. EURIBOR + 3.50%), 9/29/27	EUR		11,350		10,742,731
Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 9/29/27			4,778		4,610,484
Messer Industries GmbH:
Term Loan, 3.693%, (2 mo. EURIBOR + 2.50%), 3/2/26	EUR		2,061		1,947,997
Term Loan, 6.174%, (3 mo. USD LIBOR + 2.50%), 3/2/26			9,579		9,430,253
Olympus Water US Holding Corporation:
Term Loan, 7.438%, (3 mo. USD LIBOR + 3.75%), 11/9/28			4,987		4,554,484
Term Loan, 8.153%, (SOFR + 4.50%), 11/9/28			5,398		4,968,744
Orion Engineered Carbons GmbH:
Term Loan, 3.693%, (3 mo. EURIBOR + 2.50%), 9/24/28	EUR		1,250		1,187,444
Term Loan, 5.924%, (3 mo. USD LIBOR + 2.25%), 9/24/28			4,480		4,344,426
PQ Corporation, Term Loan, 6.915%, (3 mo. USD LIBOR + 2.50%), 6/9/28			8,757		8,472,059
Rohm Holding GmbH:
Term Loan, 4.881%, (6 mo. EURIBOR + 4.25%), 7/31/26	EUR		2,150		1,685,624
Term Loan, 8.121%, (3 mo. USD LIBOR + 4.75%), 7/31/26			16,003		12,202,606
Spectrum Holdings III Corp., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 1/31/25			5,530		5,070,731

Borrower/Description		Principal Amount* (000’s omitted)		Value
Chemicals (continued)
Starfruit Finco B.V., Term Loan, 7.165%, (3 mo. USD LIBOR + 2.75%), 10/1/25			3,602	$	3,409,551
Trinseo Materials Operating S.C.A., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 5/3/28			6,853		5,969,951
Tronox Finance, LLC:
Term Loan, 5.938%, (USD LIBOR + 2.25%), 3/10/28(9)			11,570		10,940,772
Term Loan, 6.803%, (SOFR + 3.25%), 4/4/29			3,657		3,510,360
W.R. Grace & Co.-Conn., Term Loan, 7.438%, (3 mo. USD LIBOR + 3.75%), 9/22/28			9,478		9,135,627
				$	271,053,367
Commercial Services & Supplies — 1.7%
Allied Universal Holdco, LLC, Term Loan, 4.883%, (1 mo. EURIBOR + 3.75%), 5/12/28	EUR		8,508	$	7,404,632
Asplundh Tree Expert, LLC, Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 9/7/27			8,281		8,162,607
Belfor Holdings, Inc., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 4/6/26			2,614		2,589,932
Clean Harbors, Inc., Term Loan, 5.754%, (1 mo. USD LIBOR + 2.00%), 10/8/28			4,151		4,136,566
Covanta Holding Corporation:
Term Loan, 6.229%, (1 mo. USD LIBOR + 2.50%), 11/30/28			1,828		1,807,615
Term Loan, 6.229%, (1 mo. USD LIBOR + 2.50%), 11/30/28			138		136,082
EnergySolutions, LLC, Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 5/9/25			17,191		15,987,245
Garda World Security Corporation, Term Loan, 7.24%, (3 mo. USD LIBOR + 4.25%), 10/30/26			11,995		11,465,343
GFL Environmental, Inc., Term Loan, 7.415%, (3 mo. USD LIBOR + 3.00%), 5/30/25			7,574		7,547,159
Harsco Corporation, Term Loan, 6.063%, (1 mo. USD LIBOR + 2.25%), 3/10/28			3,407		2,990,385
LABL, Inc., Term Loan, 8.754%, (1 mo. USD LIBOR + 5.00%), 10/29/28			8,660		8,016,590
Monitronics International, Inc., Term Loan, 11.915%, (3 mo. USD LIBOR + 6.50%), 3/29/24			16,842		11,143,936
PECF USS Intermediate Holding III Corporation, Term Loan, 8.004%, (1 mo. USD LIBOR + 4.25%), 12/15/28			9,916		7,709,036
Phoenix Services International, LLC:
DIP Loan, 5.559%, (SOFR + 2.00%), 3/28/23			852		852,152
Term Loan, 0.00%, 3/1/25(12)			8,551		1,913,339
Prime Security Services Borrower, LLC, Term Loan, 6.505%, (3 mo. USD LIBOR + 2.75%), 9/23/26			13,506		13,328,306
SITEL Group, Term Loan, 4.883%, (1 mo. EURIBOR + 3.75%), 8/28/28	EUR		6,425		6,099,493

31 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Commercial Services & Supplies (continued)
SITEL Worldwide Corporation, Term Loan, 7.51%, (1 mo. USD LIBOR + 3.75%), 8/28/28			17,108	$	16,872,809
Tempo Acquisition, LLC, Term Loan, 6.729%, (SOFR + 3.00%), 8/31/28			2,487		2,460,261
TruGreen Limited Partnership, Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 11/2/27			4,028		3,741,237
Werner FinCo, L.P., Term Loan, 7.674%, (3 mo. USD LIBOR + 4.00%), 7/24/24			4,619		4,203,202
				$	138,567,927
Communications Equipment — 0.3%
CommScope, Inc., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 4/6/26			15,296	$	14,646,023
Digi International, Inc., Term Loan, 8.754%, (1 mo. USD LIBOR + 5.00%), 11/1/28			4,893		4,813,348
Tiger Acquisition, LLC, Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 6/1/28			3,354		3,140,957
				$	22,600,328
Construction Materials — 0.4%
Oscar AcquisitionCo, LLC, Term Loan, 8.153%, (SOFR + 4.50%), 4/29/29			13,300	$	12,083,050
Quikrete Holdings, Inc.:
Term Loan, 6.379%, (1 mo. USD LIBOR + 2.63%), 2/1/27			4,270		4,159,524
Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 6/11/28			19,207		18,760,606
				$	35,003,180
Containers & Packaging — 1.2%
Berlin Packaging, LLC, Term Loan, 6.911%, (USD LIBOR + 3.75%), 3/11/28(9)			5,431	$	5,210,343
BWAY Holding Company, Term Loan, 6.378%, (1 mo. USD LIBOR + 3.25%), 4/3/24			10,996		10,462,023
Clydesdale Acquisition Holdings, Inc., Term Loan, 8.004%, (SOFR + 4.18%), 4/13/29			8,803		8,493,365
Kouti B.V., Term Loan, 3.757%, (3 mo. EURIBOR + 3.18%), 8/31/28	EUR		29,250		25,822,955
Pregis TopCo Corporation:
Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 7/31/26			1,361		1,301,128
Term Loan, 7.843%, (1 mo. USD LIBOR + 4.00%), 7/31/26			1,985		1,897,864
Pretium PKG Holdings, Inc.:
Term Loan, 7.60%, (USD LIBOR + 4.00%), 10/2/28(9)			7,121		6,260,713
Term Loan - Second Lien, 10.205%, (USD LIBOR + 6.75%), 10/1/29(9)			6,675		5,640,375

Borrower/Description		Principal Amount* (000’s omitted)		Value
Containers & Packaging (continued)
Pro Mach Group, Inc., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 8/31/28			2,827	$	2,760,681
Proampac PG Borrower, LLC, Term Loan, 7.728%, (USD LIBOR + 3.75%), 11/3/25(9)			22,806		21,772,257
Trident TPI Holdings, Inc.:
Term Loan, 6.30%, (3 mo. USD LIBOR + 4.00%), 9/15/28(10)			713		678,276
Term Loan, 7.674%, (3 mo. USD LIBOR + 4.00%), 9/15/28			5,006		4,761,159
				$	95,061,139
Distributors — 0.5%
Autokiniton US Holdings, Inc., Term Loan, 7.80%, (1 mo. USD LIBOR + 4.50%), 4/6/28			20,788	$	19,494,405
Phillips Feed Service, Inc., Term Loan, 10.48%, (1 mo. USD LIBOR + 7.00%), 11/13/24(4)			475		380,380
White Cap Buyer, LLC, Term Loan, 7.479%, (SOFR + 3.75%), 10/19/27			18,515		17,579,512
				$	37,454,297
Diversified Consumer Services — 0.7%
Ascend Learning, LLC:
Term Loan, 7.132%, (1 mo. USD LIBOR + 3.50%), 12/11/28			13,904	$	12,803,189
Term Loan - Second Lien, 9.504%, (1 mo. USD LIBOR + 5.75%), 12/10/29			5,243		4,469,931
Corporation Service Company, Term Loan, 8/31/29(11)			5,100		5,007,563
FrontDoor, Inc., Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 6/17/28			864		837,421
KUEHG Corp.:
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 2/21/25			28,637		27,503,145
Term Loan - Second Lien, 12.004%, (1 mo. USD LIBOR + 8.25%), 8/22/25			4,425		4,309,950
Sotheby’s, Term Loan, 8.579%, (3 mo. USD LIBOR + 4.50%), 1/15/27			4,025		3,953,179
				$	58,884,378
Diversified Financial Services — 0.5%
Concorde Midco Ltd., Term Loan, 5.16%, (3 mo. EURIBOR + 4.00%), 3/1/28	EUR		8,730	$	7,843,766
Sandy BidCo B.V., Term Loan, 6.038%, (6 mo. EURIBOR + 4.00%), 8/17/29	EUR		19,258		18,175,649
Zephyr Bidco Limited:
Term Loan, 4.693%, (1 mo. EURIBOR + 3.75%), 7/23/25	EUR		4,975		4,186,436
Term Loan, 6.934%, (SONIA + 4.75%), 7/23/25	GBP		8,675		7,784,690
				$	37,990,541

32 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Diversified Telecommunication Services — 3.6%
Altice France S.A.:
Term Loan, 6.905%, (3 mo. USD LIBOR + 4.00%), 8/14/26			7,265	$	6,678,022
Term Loan, 7.767%, (3 mo. USD LIBOR + 3.69%), 1/31/26			4,403		3,975,102
CenturyLink, Inc., Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 3/15/27			42,192		39,440,939
GEE Holdings 2, LLC:
Term Loan, 11.604%, (3 mo. USD LIBOR + 8.00%), 3/24/25			9,639		9,675,264
Term Loan - Second Lien, 11.854%, (3 mo. USD LIBOR + 8.25%), 5.104% cash, 6.75% PIK, 3/23/26			6,865		5,263,294
LCPR Loan Financing, LLC, Term Loan, 7.162%, (1 mo. USD LIBOR + 3.75%), 10/16/28			1,650		1,612,360
Level 3 Financing, Inc., Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 3/1/27			851		810,050
Numericable Group S.A.:
Term Loan, 4.605%, (3 mo. EURIBOR + 3.00%), 7/31/25	EUR		6,946		6,340,630
Term Loan, 7.165%, (3 mo. USD LIBOR + 2.75%), 7/31/25			10,666		9,717,957
Telenet Financing USD, LLC, Term Loan, 5.412%, (1 mo. USD LIBOR + 2.00%), 4/30/28			32,325		31,378,330
Telenet International Finance S.a.r.l., Term Loan, 2.613%, (6 mo. EURIBOR + 2.25%), 4/30/29	EUR		5,000		4,654,656
UPC Broadband Holding B.V.:
Term Loan, 2.863%, (6 mo. EURIBOR + 2.50%), 4/30/29	EUR		4,850		4,487,457
Term Loan, 3.363%, (6 mo. EURIBOR + 3.00%), 1/31/29	EUR		13,850		12,925,905
Term Loan, 5.662%, (1 mo. USD LIBOR + 2.25%), 4/30/28			5,800		5,667,081
UPC Financing Partnership, Term Loan, 6.337%, (1 mo. USD LIBOR + 2.93%), 1/31/29			28,800		28,229,155
Virgin Media Bristol, LLC:
Term Loan, 5.912%, (1 mo. USD LIBOR + 2.50%), 1/31/28			38,775		38,093,762
Term Loan, 6.662%, (1 mo. USD LIBOR + 3.25%), 1/31/29			500		493,047
Virgin Media Ireland Limited, Term Loan, 3.863%, (6 mo. EURIBOR + 3.50%), 7/15/29	EUR		8,500		7,894,368
Virgin Media SFA Finance Limited:
Term Loan, 3.345%, (1 mo. EURIBOR + 2.50%), 1/31/29	EUR		11,625		10,727,296
Term Loan, 5.469%, (SONIA + 3.25%), 1/15/27	GBP		8,175		8,414,140
Term Loan, 5.469%, (SONIA + 3.25%), 11/15/27	GBP		600		618,842
Zayo Group Holdings, Inc., Term Loan, 4.383%, (1 mo. EURIBOR + 3.25%), 3/9/27	EUR		4,141		3,326,864

Borrower/Description		Principal Amount* (000’s omitted)		Value
Diversified Telecommunication Services (continued)
Ziggo B.V., Term Loan, 3.764%, (6 mo. EURIBOR + 3.00%), 1/31/29	EUR		28,150	$	25,757,630
Ziggo Financing Partnership, Term Loan, 5.912%, (1 mo. USD LIBOR + 2.50%), 4/30/28			21,734		21,202,388
				$	287,384,539
Electrical Equipment — 0.1%
AZZ, Inc., Term Loan, 8.079%, (SOFR + 4.25%), 5/13/29			1,834	$	1,820,101
Brookfield WEC Holdings, Inc., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 8/1/25			1,537		1,512,757
GrafTech Finance, Inc., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 2/12/25			3,351		3,196,095
II-VI Incorporated, Term Loan, 5.878%, (1 mo. USD LIBOR + 2.75%), 7/2/29			438		425,906
				$	6,954,859
Electronic Equipment, Instruments & Components — 1.0%
Chamberlain Group, Inc., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 11/3/28			18,634	$	16,999,820
Creation Technologies, Inc., Term Loan, 9.248%, (3 mo. USD LIBOR + 5.50%), 10/5/28			11,443		9,497,275
Minimax Viking GmbH, Term Loan, 3.883%, (1 mo. EURIBOR + 2.75%), 7/31/25	EUR		1,856		1,782,308
Mirion Technologies, Inc., Term Loan, 5.627%, (6 mo. USD LIBOR + 2.75%), 10/20/28			7,292		7,123,751
Robertshaw US Holding Corp., Term Loan, 7.313%, (1 mo. USD LIBOR + 3.50%), 2/28/25			16,985		13,885,096
Verifone Systems, Inc., Term Loan, 6.997%, (3 mo. USD LIBOR + 4.00%), 8/20/25			13,766		12,298,735
Verisure Holding AB:
Term Loan, 3.473%, (6 mo. EURIBOR + 3.25%), 3/27/28	EUR		15,450		14,342,808
Term Loan, 3.753%, (6 mo. EURIBOR + 3.25%), 7/20/26	EUR		4,475		4,176,973
				$	80,106,766
Energy Equipment & Services — 0.3%
Ameriforge Group, Inc.:
Term Loan, 15.029%, (1 mo. USD LIBOR + 13.00%), 12/29/23(10)			3,086	$	1,531,602
Term Loan, 16.67%, (3 mo. USD LIBOR + 8.00%), 11.67% cash, 5.00% PIK, 12/31/23			24,185		12,002,041
Lealand Finance Company B.V.:
Term Loan, 6/28/24(11)			9,039		7,412,283
Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 4.754% cash, 3.00% PIK, 6/30/25			2,443		1,302,819
				$	22,248,745

33 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Engineering & Construction — 1.0%
Aegion Corporation, Term Loan, 8.504%, (1 mo. USD LIBOR + 4.75%), 5/17/28			15,918	$	14,756,954
Amentum Government Services Holdings, LLC:
Term Loan, 7.393%, (SOFR + 4.00%), 2/15/29(9)			8,354		8,124,326
Term Loan, 7.798%, (3 mo. USD LIBOR + 4.00%), 1/29/27			5,790		5,630,476
American Residential Services, LLC, Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 10/15/27			7,525		7,337,052
APi Group DE, Inc.:
Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 10/1/26			12,964		12,803,257
Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 1/3/29			7,686		7,590,879
Centuri Group, Inc., Term Loan, 5.57%, (3 mo. USD LIBOR + 2.50%), 8/27/28			8,390		8,231,543
Northstar Group Services, Inc., Term Loan, 9.254%, (1 mo. USD LIBOR + 5.50%), 11/12/26			11,113		10,973,895
USIC Holdings, Inc., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 5/12/28			5,990		5,707,808
				$	81,156,190
Entertainment — 2.0%
Alchemy Copyrights, LLC, Term Loan, 6.128%, (1 mo. USD LIBOR + 3.00%), 3/10/28			3,553	$	3,534,895	��
AMC Entertainment Holdings, Inc., Term Loan, 6.314%, (1 mo. USD LIBOR + 3.00%), 4/22/26			19,650		14,049,945
City Football Group Limited, Term Loan, 6.484%, (3 mo. USD LIBOR + 3.50%), 7/21/28			11,821		11,052,261
Crown Finance US, Inc.:
DIP Loan, 0.00%, 9/7/23(10)			625		628,100
DIP Loan, 13.612%, (SOFR + 10.00%), 9/7/23			7,441		7,475,001
Delta 2 (LUX) S.a.r.l., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 2/1/24			62,085		62,097,608
Live Nation Entertainment, Inc., Term Loan, 5.313%, (1 mo. USD LIBOR + 1.75%), 10/17/26			5,629		5,438,755
Playtika Holding Corp., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 3/13/28			30,593		29,833,926
Renaissance Holding Corp.:
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 5/30/25			5,979		5,796,350
Term Loan, 7.608%, (SOFR + 4.50%), 3/30/29			2,569		2,491,506
Term Loan - Second Lien, 10.754%, (1 mo. USD LIBOR + 7.00%), 5/29/26			3,175		3,034,770
UFC Holdings, LLC, Term Loan, 7.11%, (3 mo. USD LIBOR + 2.75%), 4/29/26			14,562		14,273,995
Vue International Bidco PLC:
Term Loan, 5.66%, (2 mo. EURIBOR + 4.75%), 7/3/26	EUR		3,878		2,618,652

Borrower/Description		Principal Amount* (000’s omitted)		Value
Entertainment (continued)
Vue International Bidco PLC: (continued)
Term Loan, 9.766%, (3 mo. EURIBOR + 8.00%), 6/30/27	EUR		434	$	404,895
				$	162,730,659
Equity Real Estate Investment Trusts (REITs) — 0.1%
Iron Mountain, Inc., Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 1/2/26			8,699	$	8,557,706
				$	8,557,706
Food Products — 0.8%
8th Avenue Food & Provisions, Inc., Term Loan, 8.382%, (1 mo. USD LIBOR + 4.75%), 10/1/25			6,608	$	5,798,739
Badger Buyer Corp., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 9/30/24			4,826		4,252,934
CHG PPC Parent, LLC:
Term Loan, 4.633%, (1 mo. EURIBOR + 3.50%), 3/31/25	EUR		2,000		1,876,850
Term Loan, 6.632%, (1 mo. USD LIBOR + 3.00%), 12/8/28			5,796		5,621,999
Del Monte Foods, Inc., Term Loan, 7.827%, (SOFR + 4.35%), 5/16/29			6,325		6,155,016
Froneri International, Ltd.:
Term Loan, 3.006%, (6 mo. EURIBOR + 2.38%), 1/29/27	EUR		1,500		1,355,446
Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 1/29/27			4,740		4,585,480
Monogram Food Solutions, LLC, Term Loan, 7.813%, (1 mo. USD LIBOR + 4.00%), 8/28/28			5,980		5,830,317
Nomad Foods Europe Midco Limited, Term Loan, 5.155%, (3 mo. USD LIBOR + 2.25%), 5/15/24			10,406		10,346,417
Sovos Brands Intermediate, Inc., Term Loan, 7.915%, (3 mo. USD LIBOR + 3.50%), 6/8/28			5,259		5,056,009
United Petfood Group B.V., Term Loan, 4.558%, (3 mo. EURIBOR + 3.00%), 4/23/28	EUR		8,400		7,574,934
Valeo F1 Company Limited (Ireland):
Term Loan, 5.193%, (3 mo. EURIBOR + 4.00%), 6/30/28	EUR		8,550		7,213,791
Term Loan, 7.188%, (SONIA + 5.00%), 6/28/28	GBP		2,500		2,365,274
				$	68,033,206
Gas Utilities — 0.3%
CQP Holdco, L.P., Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 6/5/28			27,356	$	27,058,464
				$	27,058,464

34 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care Equipment & Supplies — 0.9%
Bayou Intermediate II, LLC, Term Loan, 7.302%, (3 mo. USD LIBOR + 4.50%), 8/2/28			8,188	$	7,860,600
CryoLife, Inc., Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 6/1/27			6,713		6,293,526
Gloves Buyer, Inc., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 12/29/27			12,246		11,144,004
ICU Medical, Inc., Term Loan, 5.961%, (SOFR + 2.25%), 1/8/29(9)			7,438		7,290,033
Journey Personal Care Corp., Term Loan, 7.924%, (3 mo. USD LIBOR + 4.25%), 3/1/28			25,771		16,596,446
Medline Borrower, L.P., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 10/23/28			28,457		26,196,262
				$	75,380,871
Health Care Providers & Services — 4.8%
AEA International Holdings (Lux) S.a.r.l., Term Loan, 7.438%, (3 mo. USD LIBOR + 3.75%), 9/7/28			16,327	$	16,081,665
Biogroup-LCD, Term Loan, 4.742%, (3 mo. EURIBOR + 2.75%), 2/9/28	EUR		10,650		9,516,231
BW NHHC Holdco, Inc., Term Loan, 7.961%, (3 mo. USD LIBOR + 5.00%), 5/15/25			13,718		8,671,083
CAB, Term Loan, 3.527%, (3 mo. EURIBOR + 3.25%), 2/9/28	EUR		7,150		6,633,194
Cano Health, LLC, Term Loan, 7.829%, (SOFR + 4.00%), 11/23/27			7,300		6,264,524
CCRR Parent, Inc., Term Loan, 7.51%, (1 mo. USD LIBOR + 3.75%), 3/6/28			4,757		4,620,434
Cerba Healthcare S.A.S.:
Term Loan, 4.383%, (1 mo. EURIBOR + 3.25%), 6/30/28	EUR		18,925		17,050,567
Term Loan, 5.133%, (1 mo. EURIBOR + 4.00%), 2/15/29	EUR		8,225		7,696,535
CHG Healthcare Services, Inc., Term Loan, 7.004%, (3 mo. USD LIBOR + 3.25%), 9/29/28			3,712		3,611,602
Covis Finco S.a.r.l., Term Loan, 10.203%, (SOFR + 6.50%), 2/18/27			13,236		8,934,047
Dedalus Finance GmbH, Term Loan, 5.782%, (6 mo. EURIBOR + 3.75%), 7/17/27	EUR		16,850		14,570,507
Electron BidCo, Inc., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 11/1/28			5,923		5,747,355
Elsan S.A.S., Term Loan, 4.314%, (EURIBOR + 3.35%), 6/16/28(9)	EUR		4,100		3,794,784
Ensemble RCM, LLC, Term Loan, 7.944%, (SOFR + 3.75%), 8/3/26			14,731		14,528,459
Envision Healthcare Corporation:
Term Loan, 11.603%, (SOFR + 7.88%), 3/31/27			5,463		5,074,065
Term Loan - Second Lien, 6.825%, (SOFR + 4.25%), 3/31/27			38,737		16,979,905

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care Providers & Services (continued)
IVC Acquisition, Ltd.:
Term Loan, 4.141%, (3 mo. EURIBOR + 3.75%), 2/13/26	EUR		8,710	$	7,983,600
Term Loan, 4.391%, (3 mo. EURIBOR + 4.00%), 2/13/26	EUR		19,100		17,654,547
Term Loan, 6.309%, (SONIA + 4.50%), 2/13/26	GBP		950		984,871
MDVIP, Inc., Term Loan, 7.072%, (1 mo. USD LIBOR + 3.50%), 10/16/28			5,547		5,370,310
Medical Solutions Holdings, Inc.:
Term Loan, 3.50%, 11/1/28(10)			1,924		1,859,146
Term Loan, 6.377%, (3 mo. USD LIBOR + 3.50%), 11/1/28			11,959		11,555,672
Term Loan - Second Lien, 9.877%, (3 mo. USD LIBOR + 7.00%), 11/1/29			9,500		9,143,750
Mehilainen Yhtiot Oy, Term Loan, 4.718%, (3 mo. EURIBOR + 3.53%), 8/11/25	EUR		7,525		6,990,384
Midwest Physician Administrative Services, LLC, Term Loan, 6.924%, (3 mo. USD LIBOR + 3.25%), 3/12/28			1,424		1,289,554
National Mentor Holdings, Inc.:
Term Loan, 7.43%, (3 mo. USD LIBOR + 3.75%), 3/2/28			472		340,669
Term Loan, 7.466%, (USD LIBOR + 3.75%), 3/2/28(9)			17,264		12,467,835
Term Loan - Second Lien, 10.93%, (3 mo. USD LIBOR + 7.25%), 3/2/29			5,525		3,798,437
Option Care Health, Inc., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 10/27/28			7,369		7,244,955
Pearl Intermediate Parent, LLC, Term Loan - Second Lien, 10.004%, (1 mo. USD LIBOR + 6.25%), 2/13/26			2,350		2,150,250
Pediatric Associates Holding Company, LLC:
Term Loan, 5.122%, (1 mo. USD LIBOR + 3.25%), 12/29/28(10)			148		142,858
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 12/29/28			972		940,496
PetVet Care Centers, LLC, Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 2/14/25			5,897		5,543,090
Phoenix Guarantor, Inc.:
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 3/5/26			21,429		20,612,107
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 3/5/26			6,419		6,174,084
Radiology Partners, Inc., Term Loan, 7.825%, (1 mo. USD LIBOR + 4.25%), 7/9/25			25,462		20,687,902
Radnet Management, Inc., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 4/21/28			8,825		8,589,377

35 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care Providers & Services (continued)
Ramsay Generale de Sante S.A., Term Loan, 4.302%, (3 mo. EURIBOR + 2.80%), 4/22/27	EUR		9,100	$	8,509,695
Select Medical Corporation, Term Loan, 6.26%, (1 mo. USD LIBOR + 2.50%), 3/6/25			45,148		44,025,942
Sound Inpatient Physicians:
Term Loan, 6/27/25(11)			200		158,800
Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 6/27/25			2,345		1,864,523
Synlab Bondco PLC, Term Loan, 2.778%, (6 mo. EURIBOR + 2.50%), 7/1/27	EUR		2,125		2,009,030
TTF Holdings, LLC, Term Loan, 7.813%, (1 mo. USD LIBOR + 4.00%), 3/31/28			5,083		4,993,648
U.S. Anesthesia Partners, Inc., Term Loan, 7.378%, (1 mo. USD LIBOR + 4.25%), 10/1/28			13,991		13,264,061
WP CityMD Bidco, LLC, Term Loan, 6.924%, (3 mo. USD LIBOR + 3.25%), 12/22/28			10,660		10,388,016
				$	386,512,566
Health Care Technology — 1.8%
athenahealth, Inc.:
Term Loan, 3.50%, 2/15/29(10)			1,834	$	1,674,236
Term Loan, 6.967%, (SOFR + 3.50%), 2/15/29			10,794		9,853,295
Bracket Intermediate Holding Corp., Term Loan, 7.998%, (3 mo. USD LIBOR + 4.25%), 9/5/25			11,301		10,852,078
Certara, L.P., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 8/15/26			1,827		1,785,770
eResearchTechnology, Inc., Term Loan, 8.254%, (1 mo. USD LIBOR + 4.50%), 2/4/27			4,105		3,833,053
GHX Ultimate Parent Corporation, Term Loan, 6.127%, (6 mo. USD LIBOR + 3.25%), 6/28/24			3,412		3,304,979
Imprivata, Inc.:
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 12/1/27			21,355		20,954,411
Term Loan, 7.979%, (SOFR + 4.25%), 12/1/27			3,292		3,251,976
MedAssets Software Intermediate Holdings, Inc.:
Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 12/18/28			16,393		15,572,994
Term Loan - Second Lien, 10.504%, (1 mo. USD LIBOR + 6.75%), 12/17/29			8,775		7,553,809
Navicure, Inc., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 10/22/26			12,833		12,516,515
PointClickCare Technologies, Inc., Term Loan, 5.938%, (6 mo. USD LIBOR + 3.00%), 12/29/27			4,236		4,152,556
Project Ruby Ultimate Parent Corp., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 3/10/28			8,110		7,654,846

Borrower/Description		Principal Amount* (000’s omitted)		Value
Health Care Technology (continued)
Symplr Software, Inc., Term Loan, 8.694%, (SOFR + 4.50%), 12/22/27			12,914	$	12,094,351
Verscend Holding Corp., Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 8/27/25			27,163		26,832,027
				$	141,886,896
Hotels, Restaurants & Leisure — 3.4%
1011778 B.C. Unlimited Liability Company, Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 11/19/26			24,641	$	24,014,220
Bally’s Corporation, Term Loan, 6.55%, (3 mo. USD LIBOR + 3.25%), 10/2/28			11,087		10,336,758
Carnival Corporation:
Term Loan, 3.975%, (6 mo. EURIBOR + 3.75%), 6/30/25	EUR		8,881		8,381,334
Term Loan, 5.877%, (6 mo. USD LIBOR + 3.00%), 6/30/25			3,718		3,501,068
Term Loan, 6.127%, (6 mo. USD LIBOR + 3.25%), 10/18/28			34,762		31,937,875
Churchill Downs Incorporated, Term Loan, 5.76%, (1 mo. USD LIBOR + 2.00%), 12/27/24			3,334		3,316,041
ClubCorp Holdings, Inc., Term Loan, 6.424%, (3 mo. USD LIBOR + 2.75%), 9/18/24			21,159		19,056,570
Dave & Buster’s, Inc., Term Loan, 8.875%, (SOFR + 5.00%), 6/29/29			10,823		10,617,695
Fertitta Entertainment, LLC, Term Loan, 7.729%, (SOFR + 4.00%), 1/27/29			17,910		16,844,743
Great Canadian Gaming Corporation, Term Loan, 7.602%, (3 mo. USD LIBOR + 4.00%), 11/1/26			8,318		8,103,847
GVC Holdings PLC, Term Loan, 3.633%, (1 mo. EURIBOR + 2.50%), 3/29/24	EUR		21,225		20,346,332
Hilton Grand Vacations Borrower, LLC, Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 8/2/28			9,034		8,903,890
IRB Holding Corp.:
Term Loan, 6.208%, (SOFR + 3.00%), 12/15/27			4,929		4,790,199
Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 2/5/25			2		2,293
NCL Corporation Limited, Term Loan, 1/2/24(11)			4,500		4,252,500
Oravel Stays Singapore Pte, Ltd., Term Loan, 11.86%, (3 mo. USD LIBOR + 8.25%), 6/23/26			5,407		4,730,742
Playa Resorts Holding B.V., Term Loan, 6.50%, (1 mo. USD LIBOR + 2.75%), 4/29/24			19,136		18,689,697
Scientific Games Holdings, L.P., Term Loan, 7.097%, (SOFR + 3.50%), 4/4/29			10,000		9,440,970
Scientific Games International, Inc., Term Loan, 6.402%, (SOFR + 3.00%), 4/14/29			7,481		7,403,632
SeaWorld Parks & Entertainment, Inc., Term Loan, 6.813%, (1 mo. USD LIBOR + 3.00%), 8/25/28			9,974		9,746,089

36 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description			Principal Amount* (000’s omitted)		Value
Hotels, Restaurants & Leisure (continued)
Stars Group Holdings B.V. (The):
Term Loan, 3.728%, (3 mo. EURIBOR + 2.50%), 7/21/26		EUR		11,225	$	10,464,490
Term Loan, 5.892%, (3 mo. USD LIBOR + 2.25%), 7/21/26				29,342		28,868,634
Travel Leaders Group, LLC, Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 1/25/24				14,996		13,318,312
					$	277,067,931
Household Durables — 0.8%
Libbey Glass, Inc., Term Loan, 11.941%, (3 mo. USD LIBOR + 8.00%), 11/13/25				6,407	$	6,562,725
Serta Simmons Bedding, LLC:
Term Loan, 10.793%, (1 mo. USD LIBOR + 7.50%), 8/10/23				13,364		13,004,879
Term Loan - Second Lien, 10.793%, (1 mo. USD LIBOR + 7.50%), 8/10/23				44,139		22,321,592
Solis IV B.V.:
Term Loan, 4.468%, (3 mo. EURIBOR + 4.00%), 2/26/29		EUR		5,693		4,702,108
Term Loan, 6.34%, (SOFR + 3.50%), 2/26/29				13,857		11,584,825
Spectrum Brands, Inc., Term Loan, 5.76%, (1 mo. USD LIBOR + 2.00%), 3/3/28				4,186		4,029,266
					$	62,205,395
Household Products — 0.5%
Diamond (BC) B.V., Term Loan, 7.163%, (USD LIBOR + 2.75%), 9/29/28(9)				8,536	$	8,004,165
Energizer Holdings, Inc., Term Loan, 5.875%, (1 mo. USD LIBOR + 2.25%), 12/22/27				7,576		7,354,951
Kronos Acquisition Holdings, Inc.:
Term Loan, 6.82%, (3 mo. USD LIBOR + 3.75%), 12/22/26				10,568		10,017,961
Term Loan, 8.94%, (SOFR + 6.00%), 12/22/26				5,111		4,906,920
Nobel Bidco B.V., Term Loan, 3.50%, (3 mo. EURIBOR + 3.50%), 9/1/28		EUR		11,450		7,729,873
					$	38,013,870
Independent Power and Renewable Electricity Producers — 0.1%
Calpine Corporation:
Term Loan, 5.76%, (1 mo. USD LIBOR + 2.00%), 4/5/26				2,325	$	2,284,586
Term Loan, 6.26%, (1 mo. USD LIBOR + 2.50%), 12/16/27	��			6,192		6,132,364
Longview Power, LLC, Term Loan, 13.674%, (3 mo. USD LIBOR + 10.00%), 7/30/25				293		288,544
					$	8,705,494

Borrower/Description		Principal Amount* (000’s omitted)		Value
Industrial Conglomerates — 0.4%
Rain Carbon GmbH, Term Loan, 3.282%, (3 mo. EURIBOR + 3.00%), 1/16/25	EUR		15,625	$	14,540,658
SPX Flow, Inc., Term Loan, 8.329%, (SOFR + 4.50%), 4/5/29			19,650		18,667,500
				$	33,208,158
Insurance — 1.6%
Alliant Holdings Intermediate, LLC:
Term Loan, 6.98%, (1 mo. USD LIBOR + 3.50%), 11/6/27			13,299	$	12,862,275
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 5/9/25			5,832		5,672,713
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 5/9/25			4,765		4,634,326
AmWINS Group, Inc., Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 2/19/28			25,722		25,198,176
AssuredPartners, Inc.:
Term Loan, 7.229%, (SOFR + 3.50%), 2/12/27			5,348		5,109,128
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 2/12/27			13,369		12,781,755
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 2/12/27			3,424		3,273,319
Financiere CEP S.A.S., Term Loan, 4.225%, (6 mo. EURIBOR + 4.00%), 6/18/27	EUR		4,125		3,831,938
Hub International Limited:
Term Loan, 7.326%, (3 mo. USD LIBOR + 3.00%), 4/25/25			15,174		14,900,671
Term Loan, 7.527%, (3 mo. USD LIBOR + 3.25%), 4/25/25			5,388		5,300,841
NFP Corp., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 2/15/27			25,465		24,216,825
USI, Inc.:
Term Loan, 6.424%, (3 mo. USD LIBOR + 2.75%), 5/16/24			8,739		8,641,423
Term Loan, 6.924%, (3 mo. USD LIBOR + 3.25%), 12/2/26			1,931		1,895,917
				$	128,319,307
Interactive Media & Services — 0.4%
Buzz Finco, LLC:
Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 1/29/27			1,982	$	1,932,161
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 1/29/27			435		428,531
Foundational Education Group, Inc., Term Loan, 7.565%, (SOFR + 3.75%), 8/31/28			5,188		5,077,994
Getty Images, Inc.:
Term Loan, 5.563%, (3 mo. EURIBOR + 5.00%), 2/19/26	EUR		3,724		3,662,278

37 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Interactive Media & Services (continued)
Getty Images, Inc.: (continued)
Term Loan, 7.625%, (3 mo. USD LIBOR + 4.50%), 2/19/26			15,990	$	15,922,268
Match Group, Inc., Term Loan, 4.692%, (3 mo. USD LIBOR + 1.75%), 2/13/27			6,450		6,331,752
				$	33,354,984
Internet & Direct Marketing Retail — 0.4%
Adevinta ASA:
Term Loan, 4.443%, (3 mo. EURIBOR + 3.25%), 6/26/28	EUR		7,268	$	6,941,950
Term Loan, 6.674%, (3 mo. USD LIBOR + 3.00%), 6/26/28			2,148		2,102,506
CNT Holdings I Corp., Term Loan, 7.239%, (SOFR + 3.50%), 11/8/27			10,759		10,500,587
Etraveli Holding AB, Term Loan, 5.193%, (3 mo. EURIBOR + 4.00%), 8/2/24	EUR		7,844		7,680,802
Hoya Midco, LLC, Term Loan, 6.979%, (SOFR + 3.25%), 2/3/29			5,166		5,114,770
Speedster Bidco GmbH, Term Loan, 5.108%, (6 mo. EURIBOR + 3.25%), 3/31/27	EUR		2,975		2,584,789
				$	34,925,404
IT Services — 3.3%
Asurion, LLC:
Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 11/3/24			2,154	$	2,041,606
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 12/23/26			3,439		3,074,456
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 7/31/27			11,722		10,353,988
Term Loan, 7.653%, (SOFR + 4.00%), 8/19/28			14,175		12,802,070
Term Loan - Second Lien, 9.004%, (1 mo. USD LIBOR + 5.25%), 1/31/28			14,540		10,314,312
Cyxtera DC Holdings, Inc.:
Term Loan, 7.36%, (3 mo. USD LIBOR + 3.00%), 5/1/24			27,291		23,460,305
Term Loan, 8.36%, (3 mo. USD LIBOR + 4.00%), 5/1/24			9,762		8,712,177
Endure Digital, Inc., Term Loan, 6.698%, (1 mo. USD LIBOR + 3.50%), 2/10/28			22,814		19,548,361
Gainwell Acquisition Corp., Term Loan, 7.674%, (3 mo. USD LIBOR + 4.00%), 10/1/27			57,614		54,973,542
Go Daddy Operating Company, LLC, Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 2/15/24			45,065		44,952,819
Indy US Bidco, LLC:
Term Loan, 4.883%, (1 mo. EURIBOR + 3.75%), 3/6/28	EUR		5,678		5,055,177

Borrower/Description		Principal Amount* (000’s omitted)		Value
IT Services (continued)
Indy US Bidco, LLC: (continued)
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 3/5/28			4,171	$	3,712,471
Informatica, LLC, Term Loan, 6.563%, (1 mo. USD LIBOR + 2.75%), 10/27/28			31,915		31,148,674
NAB Holdings, LLC, Term Loan, 6.703%, (SOFR + 3.00%), 11/23/28			16,203		15,581,470
Rackspace Technology Global, Inc., Term Loan, 5.617%, (3 mo. USD LIBOR + 2.75%), 2/15/28			16,430		10,536,997
team.blue Finco S.a.r.l.:
Term Loan, 4.893%, (3 mo. EURIBOR + 3.70%), 3/30/28	EUR		10,547		9,724,133
Term Loan, 4.943%, (3 mo. EURIBOR + 3.75%), 3/27/28	EUR		603		555,665
WEX, Inc., Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 3/31/28			3,940		3,868,938
				$	270,417,161
Leisure Products — 0.3%
Amer Sports Oyj, Term Loan, 5.131%, (6 mo. EURIBOR + 4.50%), 3/30/26	EUR		11,925	$	10,429,617
Fender Musical Instruments Corporation, Term Loan, 7.368%, (SOFR + 4.00%), 12/1/28			3,938		3,317,541
Hayward Industries, Inc., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 5/30/28			9,147		8,614,313
SRAM, LLC, Term Loan, 6.423%, (USD LIBOR + 2.75%), 5/18/28(9)			2,189		2,129,567
				$	24,491,038
Life Sciences Tools & Services — 2.0%
Avantor Funding, Inc.:
Term Loan, 3.185%, (1 mo. EURIBOR + 2.50%), 6/12/28	EUR		19,454	$	18,810,630
Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 11/8/27			15,386		15,087,876
Cambrex Corporation, Term Loan, 7.329%, (SOFR + 3.50%), 12/4/26			324		312,791
Catalent Pharma Solutions, Inc., Term Loan, 5.625%, (1 mo. USD LIBOR + 2.00%), 2/22/28			1,034		1,025,847
Curia Global, Inc., Term Loan, 8.163%, (USD LIBOR + 3.75%), 8/30/26(9)			14,436		13,274,842
ICON Luxembourg S.a.r.l., Term Loan, 5.938%, (3 mo. USD LIBOR + 2.25%), 7/3/28			51,015		50,590,324
IQVIA, Inc., Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 1/17/25			12,472		12,440,568
LGC Group Holdings, Ltd., Term Loan, 3.883%, (1 mo. EURIBOR + 2.75%), 4/21/27	EUR		5,775		5,164,963
Loire Finco Luxembourg S.a.r.l., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 4/21/27			1,134		1,057,190

38 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Life Sciences Tools & Services (continued)
Packaging Coordinators Midco, Inc., Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 11/30/27			7,964	$	7,717,640
Parexel International Corporation, Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 11/15/28			5,732		5,536,096
PRA Health Sciences, Inc., Term Loan, 5.938%, (3 mo. USD LIBOR + 2.25%), 7/3/28			12,711		12,604,799
Sotera Health Holdings, LLC, Term Loan, 7.165%, (3 mo. USD LIBOR + 2.75%), 12/11/26			17,828		16,223,608
				$	159,847,174
Machinery — 3.5%
AI Alpine AT Bidco GmbH, Term Loan, 4.731%, (6 mo. EURIBOR + 3.00%), 10/31/25	EUR		6,125	$	5,515,823
AI Aqua Merger Sub, Inc., Term Loan, 6.858%, (SOFR + 3.75%), 7/31/28			11,650		10,863,199
Albion Financing 3 S.a.r.l., Term Loan, 9.575%, (3 mo. USD LIBOR + 5.25%), 8/17/26			18,535		17,561,853
Ali Group North America Corporation, Term Loan, 5.843%, (1 mo. USD LIBOR + 2.00%), 7/30/29			16,981		16,694,391
Alliance Laundry Systems, LLC, Term Loan, 7.409%, (3 mo. USD LIBOR + 3.50%), 10/8/27			5,253		5,084,746
American Trailer World Corp., Term Loan, 7.579%, (SOFR + 3.75%), 3/3/28			17,552		15,985,224
Apex Tool Group, LLC, Term Loan, 8.624%, (SOFR + 5.25%), 2/8/29			26,131		22,701,381
Clark Equipment Company, Term Loan, 6.153%, (SOFR + 2.50%), 4/20/29			11,542		11,363,099
Conair Holdings, LLC, Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 5/17/28			24,453		20,703,548
CPM Holdings, Inc., Term Loan, 6.628%, (1 mo. USD LIBOR + 3.50%), 11/17/25			4,713		4,590,044
Delachaux Group S.A., Term Loan, 8.915%, (3 mo. USD LIBOR + 4.50%), 4/16/26			4,769		4,315,493
Engineered Machinery Holdings, Inc.:
Term Loan, 4.943%, (3 mo. EURIBOR + 3.75%), 5/21/28	EUR		10,766		9,646,704
Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 5/19/28			17,268		16,742,453
Term Loan - Second Lien, 9.674%, (3 mo. USD LIBOR + 6.00%), 5/21/29			2,000		1,891,250
EWT Holdings III Corp., Term Loan, 6.313%, (1 mo. USD LIBOR + 2.50%), 4/1/28			3,518		3,475,916
Filtration Group Corporation:
Term Loan, 4.633%, (3 mo. EURIBOR + 3.50%), 3/29/25	EUR		2,946		2,768,014
Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 3/29/25			2,913		2,858,428

Borrower/Description		Principal Amount* (000’s omitted)		Value
Machinery (continued)
Gates Global, LLC:
Term Loan, 4.133%, (1 mo. EURIBOR + 3.00%), 4/1/24	EUR		8,283	$	7,776,826
Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 3/31/27			15,655		15,270,154
Icebox Holdco III, Inc.:
Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 12/22/28			11,789		10,934,602
Term Loan, 7.58%, (3 mo. USD LIBOR + 3.75%), 12/22/28			2,451		2,273,700
Madison IAQ, LLC, Term Loan, 6.815%, (3 mo. USD LIBOR + 3.25%), 6/21/28			35,259		32,085,963
Penn Engineering & Manufacturing Corp., Term Loan, 6.424%, (3 mo. USD LIBOR + 2.75%), 6/27/24			1,876		1,833,717
Titan Acquisition Limited, Term Loan, 5.877%, (6 mo. USD LIBOR + 3.00%), 3/28/25			22,828		20,904,161
TK Elevator Topco GmbH, Term Loan, 4.256%, (1 mo. EURIBOR + 3.63%), 7/29/27	EUR		9,725		8,853,884
Vertical US Newco, Inc., Term Loan, 6.871%, (6 mo. USD LIBOR + 3.50%), 7/30/27			6		5,934
Zephyr German BidCo GmbH, Term Loan, 4.216%, (3 mo. EURIBOR + 3.40%), 3/10/28	EUR		11,775		10,754,199
				$	283,454,706
Media — 1.9%
Axel Springer SE, Term Loan, 5.816%, (3 mo. EURIBOR + 4.75%), 12/18/26	EUR		8,500	$	8,043,117
Charter Communications Operating, LLC, Term Loan, 5.51%, (1 mo. USD LIBOR + 1.75%), 2/1/27			3,635		3,574,079
CSC Holdings, LLC:
Term Loan, 5.662%, (1 mo. USD LIBOR + 2.25%), 7/17/25			25,265		24,538,230
Term Loan, 5.662%, (1 mo. USD LIBOR + 2.25%), 1/15/26			4		4,007
Term Loan, 5.912%, (1 mo. USD LIBOR + 2.50%), 4/15/27			13,109		12,491,421
Diamond Sports Group, LLC:
Term Loan, 11.208%, (SOFR + 8.10%), 5/26/26			5,029		4,847,859
Term Loan - Second Lien, 6.458%, (SOFR + 3.35%), 8/24/26			23,126		4,627,593
Entravision Communications Corporation, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 11/29/24			7,139		6,996,184
Gray Television, Inc., Term Loan, 6.128%, (1 mo. USD LIBOR + 3.00%), 12/1/28			1,042		1,029,658
Hubbard Radio, LLC, Term Loan, 8.01%, (1 mo. USD LIBOR + 4.25%), 3/28/25			6,333		5,235,431
iHeartCommunications, Inc., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 5/1/26			2,365		2,240,716

39 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description	Principal Amount* (000’s omitted)		Value
Media (continued)
Magnite, Inc., Term Loan, 8.642%, (USD LIBOR + 5.00%), 4/28/28(9)		6,370	$	6,019,995
Mission Broadcasting, Inc., Term Loan, 5.628%, (1 mo. USD LIBOR + 2.50%), 6/2/28		3,654		3,624,823
MJH Healthcare Holdings, LLC, Term Loan, 7.329%, (SOFR + 3.50%), 1/28/29		3,706		3,521,056
Nexstar Broadcasting, Inc., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 9/18/26		3,989		3,955,356
Recorded Books, Inc., Term Loan, 7.578%, (SOFR + 4.00%), 8/29/25		12,877		12,544,326
Sinclair Television Group, Inc.:
Term Loan, 6.26%, (1 mo. USD LIBOR + 2.50%), 9/30/26		6,232		5,903,499
Term Loan, 6.76%, (1 mo. USD LIBOR + 3.00%), 4/1/28		22,904		21,334,824
Univision Communications, Inc.:
Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 3/15/24		7,012		6,996,325
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 3/15/26		18,374		17,855,378
			$	155,383,877
Metals/Mining — 0.5%
American Consolidated Natural Resources, Inc., Term Loan, 20.33%, (3 mo. USD LIBOR + 13.00%), 17.33% cash, 3.00% PIK, 9/16/25		429	$	431,722
Dynacast International, LLC:
Term Loan, 7.48%, (3 mo. USD LIBOR + 4.50%), 7/22/25		15,337		13,074,881
Term Loan, 11.98%, (3 mo. USD LIBOR + 9.00%), 10/22/25		3,065		2,605,181
WireCo WorldGroup, Inc., Term Loan, 7.188%, (3 mo. USD LIBOR + 4.25%), 11/13/28		8,975		8,787,855
Zekelman Industries, Inc., Term Loan, 5.604%, (3 mo. USD LIBOR + 2.00%), 1/24/27		15,456		15,044,185
			$	39,943,824
Oil, Gas & Consumable Fuels — 1.5%
Buckeye Partners, L.P., Term Loan, 5.365%, (1 mo. USD LIBOR + 2.25%), 11/1/26		8,273	$	8,190,521
Centurion Pipeline Company, LLC:
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 9/29/25		3,120		3,088,986
Term Loan, 7.754%, (1 mo. USD LIBOR + 4.00%), 9/28/25		1,629		1,609,516
CITGO Petroleum Corporation, Term Loan, 10.004%, (1 mo. USD LIBOR + 6.25%), 3/28/24		17,681		17,728,354
Delek US Holdings, Inc., Term Loan, 9.254%, (1 mo. USD LIBOR + 5.50%), 3/31/25		5,739		5,692,119

Borrower/Description		Principal Amount* (000’s omitted)		Value
Oil, Gas & Consumable Fuels (continued)
Freeport LNG Investments, LLLP, Term Loan, 7.743%, (3 mo. USD LIBOR + 3.50%), 12/21/28			16,874	$	15,835,798
GIP II Blue Holding, L.P, Term Loan, 8.174%, (3 mo. USD LIBOR + 4.50%), 9/29/28			15,994		15,889,483
Matador Bidco S.a.r.l., Term Loan, 8.254%, (1 mo. USD LIBOR + 4.50%), 10/15/26			32,570		31,958,915
Oryx Midstream Services Permian Basin, LLC, Term Loan, 6.211%, (3 mo. USD LIBOR + 3.25%), 10/5/28			3,694		3,647,425
Oxbow Carbon, LLC, Term Loan, 7.878%, (3 mo. USD LIBOR + 4.25%), 10/17/25			5,476		5,459,530
QuarterNorth Energy Holding, Inc., Term Loan - Second Lien, 11.754%, (1 mo. USD LIBOR + 8.00%), 8/27/26			5,729		5,714,831
UGI Energy Services, LLC, Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 8/13/26			8,946		8,914,257
				$	123,729,735
Personal Products — 0.4%
HLF Financing S.a.r.l., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 8/18/25			9,683	$	9,355,114
Rainbow Finco S.a.r.l., Term Loan, 4.658%, (6 mo. EURIBOR + 3.75%), 2/24/29	EUR		14,125		13,185,460
Sunshine Luxembourg VII S.a.r.l., Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 10/1/26			6,448		6,146,214
				$	28,686,788
Pharmaceuticals — 1.6%
Aenova Holding GmbH, Term Loan, 5.034%, (6 mo. EURIBOR + 4.50%), 3/6/26	EUR		2,925	$	2,514,849
AI Sirona (Luxembourg) Acquisition S.a.r.l., Term Loan, 4.383%, (1 mo. EURIBOR + 3.25%), 9/29/25	EUR		13,000		12,076,412
Akorn, Inc., Term Loan, 11.243%, (3 mo. USD LIBOR + 7.50%), 10/1/25			2,996		2,845,986
Amneal Pharmaceuticals, LLC, Term Loan, 7.251%, (USD LIBOR + 3.50%), 5/4/25(9)			13,385		11,479,703
Bausch Health Companies, Inc., Term Loan, 8.624%, (SOFR + 5.25%), 2/1/27			18,823		14,151,142
Horizon Therapeutics USA, Inc.:
Term Loan, 5.375%, (1 mo. USD LIBOR + 1.75%), 3/15/28			16,696		16,398,365
Term Loan, 5.625%, (1 mo. USD LIBOR + 2.00%), 5/22/26			7,802		7,673,665
Jazz Financing Lux S.a.r.l., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 5/5/28			7,075		7,005,123
Mallinckrodt International Finance S.A.:
Term Loan, 8.733%, (3 mo. USD LIBOR + 5.25%), 9/30/27			36,851		30,010,621

40 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Pharmaceuticals (continued)
Mallinckrodt International Finance S.A.: (continued)
Term Loan, 8.983%, (3 mo. USD LIBOR + 5.50%), 9/30/27			10,080	$	8,231,703
PharmaZell GmbH, Term Loan, 5.193%, (1 mo. EURIBOR + 4.00%), 5/12/27	EUR		1,800		1,698,801
Recipharm AB, Term Loan, 3.539%, (3 mo. EURIBOR + 3.20%), 2/17/28	EUR		13,725		12,275,173
				$	126,361,543
Professional Services — 1.7%
AlixPartners, LLP, Term Loan, 4.443%, (3 mo. EURIBOR + 3.25%), 2/4/28	EUR		3,472	$	3,251,182
APFS Staffing Holdings, Inc., Term Loan, 8.044%, (SOFR + 4.00%), 12/29/28(9)			3,706		3,595,184
Blitz 20-487 GmbH, Term Loan, 4.805%, (3 mo. EURIBOR + 3.20%), 4/28/28	EUR		7,525		6,999,680
Brown Group Holding, LLC:
Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 6/7/28			12,656		12,318,552
Term Loan, 7.419%, (SOFR + 3.75%), 7/2/29			3,575		3,541,037
CoreLogic, Inc., Term Loan, 7.313%, (1 mo. USD LIBOR + 3.50%), 6/2/28			19,256		14,189,067
Deerfield Dakota Holding, LLC, Term Loan, 7.479%, (SOFR + 3.75%), 4/9/27			17,511		16,605,455
EAB Global, Inc., Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 8/16/28			14,540		13,918,535
Employbridge, LLC, Term Loan, 8.424%, (3 mo. USD LIBOR + 4.75%), 7/19/28			20,810		17,851,833
First Advantage Holdings, LLC, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 1/31/27			5,857		5,792,742
Rockwood Service Corporation, Term Loan, 8.004%, (1 mo. USD LIBOR + 4.25%), 1/23/27			5,471		5,347,631
Trans Union, LLC, Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 12/1/28			32,247		31,790,474
Vaco Holdings, LLC, Term Loan, 8.708%, (SOFR + 5.00%), 1/21/29(9)			3,697		3,613,878
				$	138,815,250
Real Estate Management & Development — 0.5%
Cushman & Wakefield U.S. Borrower, LLC, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 8/21/25			29,388	$	28,797,100
RE/MAX International, Inc., Term Loan, 6.313%, (1 mo. USD LIBOR + 2.50%), 7/21/28			16,417		15,534,764
				$	44,331,864
Road & Rail — 1.8%
Avis Budget Car Rental, LLC, Term Loan, 5.51%, (1 mo. USD LIBOR + 1.75%), 8/6/27			6,995	$	6,791,887

Borrower/Description		Principal Amount* (000’s omitted)		Value
Road & Rail (continued)
Grab Holdings, Inc., Term Loan, 8.26%, (1 mo. USD LIBOR + 4.50%), 1/29/26			45,571	$	43,071,775
Hertz Corporation, (The):
Term Loan, 7.01%, (1 mo. USD LIBOR + 3.25%), 6/30/28			13,502		13,046,525
Term Loan, 7.01%, (1 mo. USD LIBOR + 3.25%), 6/30/28			2,577		2,489,892
Kenan Advantage Group, Inc., Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 3/24/26			14,855		14,203,729
Uber Technologies, Inc.:
Term Loan, 6.57%, (3 mo. USD LIBOR + 3.50%), 4/4/25			41,325		41,084,166
Term Loan, 6.57%, (3 mo. USD LIBOR + 3.50%), 2/25/27			24,720		24,497,867
XPO Logistics, Inc., Term Loan, 4.936%, (1 mo. USD LIBOR + 1.75%), 2/24/25			4,275		4,219,224
				$	149,405,065
Semiconductors & Semiconductor Equipment — 1.2%
Altar Bidco, Inc.:
Term Loan, 5.368%, (SOFR + 3.35%), 2/1/29(9)			23,815	$	22,341,740
Term Loan - Second Lien, 7.355%, (SOFR + 5.60%), 2/1/30			6,650		5,741,164
Bright Bidco B.V., DIP Loan, 10.903%, (SOFR + 8.00%), 2/28/23			3,376		3,021,834
Entegris, Inc., Term Loan, 5.708%, (SOFR + 3.00%), 7/6/29			2,500		2,491,015
MACOM Technology Solutions Holdings, Inc., Term Loan, 6.004%, (1 mo. USD LIBOR + 2.25%), 5/17/24			555		546,039
MaxLinear, Inc., Term Loan, 5.882%, (1 mo. USD LIBOR + 2.25%), 6/23/28			3,546		3,484,366
MKS Instruments, Inc.:
Term Loan, 3.913%, (1 mo. EURIBOR + 3.00%), 8/17/29	EUR		5,625		5,406,035
Term Loan, 6.317%, (SOFR + 2.75%), 8/17/29			47,750		46,829,810
Synaptics Incorporated, Term Loan, 4.356%, (3 mo. USD LIBOR + 2.25%), 12/2/28			2,784		2,756,470
Ultra Clean Holdings, Inc., Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 8/27/25			2,109		2,088,013
				$	94,706,486
Software — 14.9%
Applied Systems, Inc.:
Term Loan, 6.674%, (3 mo. USD LIBOR + 3.00%), 9/19/24			43,880	$	43,394,209
Term Loan - Second Lien, 9.174%, (3 mo. USD LIBOR + 5.50%), 9/19/25			3,707		3,663,414

41 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Software (continued)
AppLovin Corporation:
Term Loan, 6.674%, (3 mo. USD LIBOR + 3.00%), 10/25/28			17,811	$	17,203,839
Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 8/15/25			43,004		42,137,373
Aptean, Inc.:
Term Loan, 7.32%, (3 mo. USD LIBOR + 4.25%), 4/23/26			26,142		25,096,027
Term Loan - Second Lien, 10.07%, (3 mo. USD LIBOR + 7.00%), 4/23/27			6,550		6,255,250
AQA Acquisition Holding, Inc., Term Loan, 7.32%, (3 mo. USD LIBOR + 4.25%), 3/3/28			2,736		2,629,875
Astra Acquisition Corp.:
Term Loan, 9.004%, (1 mo. USD LIBOR + 5.25%), 10/25/28			13,017		11,346,099
Term Loan - Second Lien, 12.629%, (1 mo. USD LIBOR + 8.88%), 10/25/29			20,170		18,455,687
Banff Merger Sub, Inc.:
Term Loan, 5.133%, (3 mo. EURIBOR + 4.00%), 10/2/25	EUR		1,927		1,793,039
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 10/2/25			18,882		18,190,712
Term Loan - Second Lien, 9.254%, (1 mo. USD LIBOR + 5.50%), 2/27/26			13,521		12,456,394
Cast and Crew Payroll, LLC:
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 2/9/26			8,482		8,357,912
Term Loan, 7.478%, (SOFR + 3.75%), 12/29/28			6,154		6,070,809
CDK Global, Inc., Term Loan, 8.112%, (SOFR + 4.50%), 7/6/29			33,975		33,333,246
CentralSquare Technologies, LLC, Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 8/29/25			18,552		16,158,979
Ceridian HCM Holding, Inc., Term Loan, 6.254%, (1 mo. USD LIBOR + 2.50%), 4/30/25			10,008		9,708,751
Cloudera, Inc.:
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 10/8/28			30,916		28,906,811
Term Loan - Second Lien, 9.754%, (1 mo. USD LIBOR + 6.00%), 10/8/29			8,550		7,096,500
ConnectWise, LLC, Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 9/29/28			13,399		12,702,015
Constant Contact, Inc., Term Loan, 7.909%, (3 mo. USD LIBOR + 4.00%), 2/10/28			12,096		10,529,796
Cornerstone OnDemand, Inc., Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 10/16/28			15,622		13,122,060
Delta TopCo, Inc., Term Loan, 5.836%, (3 mo. USD LIBOR + 3.75%), 12/1/27			13,528		12,386,213
E2open, LLC, Term Loan, 6.644%, (3 mo. USD LIBOR + 3.50%), 2/4/28			16,340		15,962,052

Borrower/Description		Principal Amount* (000’s omitted)		Value
Software (continued)
ECI Macola Max Holding, LLC, Term Loan, 7.424%, (3 mo. USD LIBOR + 3.75%), 11/9/27			26,923	$	26,104,245
Epicor Software Corporation, Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 7/30/27			46,523		44,272,743
Finastra USA, Inc.:
Term Loan, 6.871%, (3 mo. USD LIBOR + 3.50%), 6/13/24			57,999		52,677,932
Term Loan - Second Lien, 10.621%, (6 mo. USD LIBOR + 7.25%), 6/13/25			25,750		19,248,125
Fiserv Investment Solutions, Inc., Term Loan, 6.961%, (3 mo. USD LIBOR + 4.00%), 2/18/27			5,867		5,555,742
GoTo Group, Inc., Term Loan, 8.322%, (1 mo. USD LIBOR + 4.75%), 8/31/27			24,408		15,743,117
Greeneden U.S. Holdings II, LLC, Term Loan, 5.855%, (3 mo. EURIBOR + 4.25%), 12/1/27	EUR		1,228		1,172,226
Hyland Software, Inc.:
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 7/1/24			61,331		59,912,800
Term Loan - Second Lien, 10.004%, (1 mo. USD LIBOR + 6.25%), 7/7/25			1,750		1,682,187
IGT Holding IV AB:
Term Loan, 4.093%, (3 mo. EURIBOR + 2.90%), 3/31/28	EUR		6,205		5,689,679
Term Loan, 7.074%, (3 mo. USD LIBOR + 3.40%), 3/31/28			4,056		3,944,720
Ivanti Software, Inc.:
Term Loan, 7.332%, (3 mo. USD LIBOR + 4.25%), 12/1/27			13,948		10,531,025
Term Loan - Second Lien, 10.332%, (3 mo. USD LIBOR + 7.25%), 12/1/28			9,750		6,548,753
MA FinanceCo., LLC, Term Loan, 7.418%, (3 mo. USD LIBOR + 4.25%), 6/5/25			12,363		12,301,566
Magenta Buyer, LLC:
Term Loan, 9.17%, (3 mo. USD LIBOR + 4.75%), 7/27/28			51,109		44,831,982
Term Loan - Second Lien, 12.67%, (3 mo. USD LIBOR + 8.25%), 7/27/29			16,175		13,964,411
Marcel LUX IV S.a.r.l.:
Term Loan, 4.693%, (3 mo. EURIBOR + 3.50%), 3/16/26	EUR		8,650		8,115,599
Term Loan, 6.979%, (SOFR + 3.25%), 3/15/26			11,597		11,394,235
Term Loan, 7.125%, (SOFR + 4.00%), 12/31/27			731		718,531
Maverick Bidco, Inc.:
Term Loan, 8.165%, (3 mo. USD LIBOR + 3.75%), 5/18/28			11,070		10,544,320
Term Loan - Second Lien, 11.165%, (3 mo. USD LIBOR + 6.75%), 5/18/29			3,175		2,984,500
McAfee, LLC:
Term Loan, 5.604%, (EURIBOR + 4.00%), 3/1/29(9)	EUR		16,608		15,342,259

42 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Software (continued)
McAfee, LLC: (continued)
Term Loan, 6.87%, (SOFR + 3.75%), 3/1/29			38,578	$	35,267,020
Mediaocean, LLC, Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 12/15/28			6,015		5,668,914
MH Sub I, LLC, Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 9/13/24			4,850		4,678,720
Mitnick Corporate Purchaser, Inc., Term Loan, 8.944%, (SOFR + 4.75%), 5/2/29			6,975		6,662,869
N-Able International Holdings II, LLC, Term Loan, 6.07%, (3 mo. USD LIBOR + 3.00%), 7/19/28			1,277		1,238,624
NortonLifeLock, Inc., Term Loan, 5.829%, (SOFR + 2.00%), 9/12/29			1,775		1,736,330
Panther Commercial Holdings, L.P., Term Loan, 8.665%, (3 mo. USD LIBOR + 4.25%), 1/7/28			21,055		19,067,938
Polaris Newco, LLC:
Term Loan, 5.193%, (3 mo. EURIBOR + 4.00%), 6/2/28	EUR		8,564		7,884,583
Term Loan, 7.674%, (3 mo. USD LIBOR + 4.00%), 6/2/28			13,022		11,942,605
Proofpoint, Inc., Term Loan, 6.32%, (3 mo. USD LIBOR + 3.25%), 8/31/28			46,914		44,722,404
Quest Software US Holdings, Inc., Term Loan, 8.494%, (SOFR + 4.25%), 2/1/29			24,389		18,132,446
RealPage, Inc., Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 4/24/28			25,368		23,896,705
Red Planet Borrower, LLC, Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 10/2/28			15,345		9,470,136
Redstone Holdco 2 L.P., Term Loan, 9.108%, (3 mo. USD LIBOR + 4.75%), 4/27/28			18,928		13,748,875
Sabre GLBL, Inc.:
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 12/17/27			6,029		5,410,859
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 12/17/27			3,782		3,394,390
Seattle Spinco, Inc., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 6/21/24			10,389		10,307,076
SkillSoft Corporation, Term Loan, 8.473%, (SOFR + 5.25%), 7/14/28			10,450		8,689,197
SolarWinds Holdings, Inc., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 2/5/24			19,531		19,376,620
Sophia, L.P., Term Loan, 7.174%, (3 mo. USD LIBOR + 3.50%), 10/7/27			23,428		22,636,883
Sovos Compliance, LLC, Term Loan, 8.254%, (1 mo. USD LIBOR + 4.50%), 8/11/28			10,434		10,129,261
Sportradar Capital S.a.r.l., Term Loan, 4.443%, (1 mo. EURIBOR + 3.50%), 11/22/27	EUR		7,804		7,403,596
SS&C European Holdings S.a.r.l., Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 4/16/25			5,213		5,112,226

Borrower/Description		Principal Amount* (000’s omitted)		Value
Software (continued)
SS&C Technologies, Inc.:
Term Loan, 5.504%, (1 mo. USD LIBOR + 1.75%), 4/16/25			6,422	$	6,297,431
Term Loan, 6.079%, (SOFR + 2.25%), 3/22/29			3,428		3,371,036
Term Loan, 6.079%, (SOFR + 2.25%), 3/22/29			5,166		5,079,378
SurveyMonkey, Inc., Term Loan, 7.51%, (1 mo. USD LIBOR + 3.75%), 10/10/25			11,443		11,099,712
Turing Midco, LLC, Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 3/23/28			635		625,141
Ultimate Software Group, Inc. (The):
Term Loan, 6.998%, (3 mo. USD LIBOR + 3.25%), 5/4/26			48,539		46,950,182
Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 5/4/26			18,884		18,394,932
Term Loan - Second Lien, 8.998%, (1 mo. USD LIBOR + 5.25%), 5/3/27			1,450		1,342,458
Veritas US, Inc., Term Loan, 8.674%, (3 mo. USD LIBOR + 5.00%), 9/1/25			13,783		11,037,913
Vision Solutions, Inc., Term Loan, 8.358%, (3 mo. USD LIBOR + 4.00%), 4/24/28			36,453		31,075,984
VS Buyer, LLC, Term Loan, 6.754%, (1 mo. USD LIBOR + 3.00%), 2/28/27			21,464		20,927,483
				$	1,203,017,686
Specialty Retail — 2.1%
Belron Finance US, LLC, Term Loan, 5.375%, (3 mo. USD LIBOR + 2.50%), 4/13/28			7,708	$	7,598,031
Belron Luxembourg S.a.r.l., Term Loan, 2.769%, (3 mo. EURIBOR + 2.50%), 4/13/28	EUR		3,575		3,309,973
Boels Topholding B.V., Term Loan, 3.571%, (3 mo. EURIBOR + 3.25%), 2/6/27	EUR		7,750		7,270,244
David’s Bridal, Inc.:
Term Loan, 9.42%, (3 mo. USD LIBOR + 5.00%), 4.42% cash, 5.00% PIK, 6/23/23			3,942		3,798,692
Term Loan, 9.754%, (1 mo. USD LIBOR + 6.00%), 6/30/23			4,724		4,421,866
Great Outdoors Group, LLC, Term Loan, 7.504%, (1 mo. USD LIBOR + 3.75%), 3/6/28			44,635		42,161,042
Harbor Freight Tools USA, Inc., Term Loan, 6.504%, (1 mo. USD LIBOR + 2.75%), 10/19/27			32,996		31,011,944
L1R HB Finance Limited:
Term Loan, 6.016%, (6 mo. EURIBOR + 4.25%), 9/2/24	EUR		4,674		3,475,496
Term Loan, 7.217%, (SONIA + 5.25%), 9/2/24	GBP		9,172		7,941,484
Les Schwab Tire Centers, Term Loan, 6.58%, (3 mo. USD LIBOR + 3.25%), 11/2/27			27,454		26,732,982
LIDS Holdings, Inc., Term Loan, 8.99%, (SOFR + 5.50%), 12/14/26			5,823		4,921,891

43 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Borrower/Description		Principal Amount* (000’s omitted)		Value
Specialty Retail (continued)
Mattress Firm, Inc., Term Loan, 8.433%, (3 mo. USD LIBOR + 4.25%), 9/25/28			16,632	$	14,287,919
PetSmart, Inc., Term Loan, 7.50%, (1 mo. USD LIBOR + 3.75%), 2/11/28			17,351		16,740,325
				$	173,671,889
Technology Hardware, Storage & Peripherals — 0.1%
NCR Corporation, Term Loan, 6.92%, (3 mo. USD LIBOR + 2.50%), 8/28/26			8,997	$	8,666,866
				$	8,666,866
Thrifts & Mortgage Finance — 0.2%
Ditech Holding Corporation, Term Loan, 0.00%, 6/30/23(12)			22,620	$	2,827,502
Walker & Dunlop, Inc., Term Loan, 6.079%, (SOFR + 2.25%), 12/16/28			12,952		12,757,843
				$	15,585,345
Trading Companies & Distributors — 2.5%
American Builders & Contractors Supply Co., Inc., Term Loan, 5.754%, (1 mo. USD LIBOR + 2.00%), 1/15/27			21,461	$	21,067,243
Avolon TLB Borrower 1 (US), LLC:
Term Loan, 5.239%, (1 mo. USD LIBOR + 1.75%), 1/15/25			25,082		24,661,358
Term Loan, 5.739%, (1 mo. USD LIBOR + 2.25%), 12/1/27			13,964		13,728,508
Core & Main L.P., Term Loan, 6.528%, (USD LIBOR + 2.50%), 7/27/28(9)			12,431		12,155,481
DXP Enterprises, Inc., Term Loan, 8.504%, (1 mo. USD LIBOR + 4.75%), 12/16/27			4,225		4,038,599
Electro Rent Corporation, Term Loan, 9.278%, (3 mo. USD LIBOR + 5.00%), 1/31/24			15,761		14,880,759
Hillman Group, Inc. (The):
Term Loan, 3.034%, (1 mo. USD LIBOR + 2.75%), 7/14/28(10)			875		838,043
Term Loan, 6.326%, (1 mo. USD LIBOR + 2.75%), 7/14/28			3,619		3,466,614
Park River Holdings, Inc., Term Loan, 6.993%, (3 mo. USD LIBOR + 3.25%), 12/28/27			10,857		9,251,931
Patagonia Bidco Limited:
Term Loan, 6.94%, (SONIA + 5.25%), 3/5/29	GBP		17,262		16,430,285
Term Loan, 6.94%, (SONIA + 5.25%), 3/5/29	GBP		3,138		2,987,325
Quimper AB, Term Loan, 4.085%, (3 mo. EURIBOR + 2.93%), 2/16/26	EUR		25,175		22,971,774

Borrower/Description	Principal Amount* (000’s omitted)		Value
Trading Companies & Distributors (continued)
SiteOne Landscape Supply, LLC, Term Loan, 5.76%, (1 mo. USD LIBOR + 2.00%), 3/23/28		3,431	$	3,402,666
Spin Holdco, Inc., Term Loan, 7.144%, (3 mo. USD LIBOR + 4.00%), 3/4/28		42,353		37,498,715
SRS Distribution, Inc.:
Term Loan, 7.254%, (1 mo. USD LIBOR + 3.50%), 6/2/28		14,325		13,343,013
Term Loan, 7.329%, (SOFR + 3.50%), 6/2/28		5,037		4,690,648
TricorBraun Holdings, Inc., Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 3/3/28		829		787,162
			$	206,200,124
Wireless Telecommunication Services — 0.2%
CCI Buyer, Inc., Term Loan, 7.553%, (SOFR + 4.00%), 12/17/27		7,914	$	7,609,384
Digicel International Finance Limited, Term Loan, 7.004%, (1 mo. USD LIBOR + 3.25%), 5/28/24		14,057		12,100,775
			$	19,710,159
Total Senior Floating-Rate Loans (identified cost $7,543,162,144)			$	6,829,205,613
Warrants — 0.0%
Security	Shares		Value
Leisure Goods/Activities/Movies — 0.0%
Cineworld Group PLC, Exp. 11/23/25(5)(6)		1,791,400	$	0
			$	0
Retailers (Except Food and Drug) — 0.0%
David’s Bridal, LLC, Exp. 11/26/22(4)(5)(6)		51,888	$	0
			$	0
Total Warrants (identified cost $0)			$	0

44 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Short-Term Investments — 1.9%
Security	Shares		Value
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 2.88%(13)		156,771,808	$	156,771,808
Total Short-Term Investments (identified cost $156,771,808)			$	156,771,808
Total Investments — 97.6% (identified cost $8,799,948,828)			$	7,909,317,423
Less Unfunded Loan Commitments — (0.2)%			$	(15,840,797	)
Net Investments — 97.4% (identified cost $8,784,108,031)			$	7,893,476,626
Other Assets, Less Liabilities — 2.6%			$	207,653,892
Net Assets — 100.0%			$	8,101,130,518

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, 2022, the aggregate value of these securities is $828,991,656 or 10.2% of the Portfolio’s net assets.

⁽²⁾  Variable rate security. The stated interest rate represents the rate in effect at October 31, 2022.

⁽³⁾  Affiliated company (see Note 7).

⁽⁴⁾  For fair value measurement disclosure purposes, security is categorized as Level 3 (see Note 8).

⁽⁵⁾  Non-income producing security.

⁽⁶⁾  Security was acquired in connection with a restructuring of a Senior Loan and may be subject to restrictions on resale.

⁽⁷⁾  Amount is less than 0.05%.

⁽⁸⁾  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”) or the Secured Overnight Financing Rate (“SOFR”) 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 minimum rate. Rates for SOFR are generally 1 or 3-month tenors and may also be subject to a credit spread adjustment. Senior Loans are generally subject to contractual restrictions that must be satisfied before they can be bought or sold.

⁽⁹⁾  The stated interest rate represents the weighted average interest rate at October 31, 2022 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.

⁽¹⁰⁾  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, 2022, the total value of unfunded loan commitments is $13,795,189. See Note 1F for description.

⁽¹¹⁾  This Senior Loan will settle after October 31, 2022, at which time the interest rate will be determined.

⁽¹²⁾  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.

⁽¹³⁾  May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of October 31, 2022.

Forward Foreign Currency Exchange Contracts (OTC)
Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
USD	275,596,332	EUR	280,766,698	Standard Chartered Bank		11/2/22	$	—	$	(1,871,277	)
USD	278,080,923	EUR	280,766,698	Standard Chartered Bank		12/2/22		22,582		—
USD	4,960,610	EUR	5,000,000	Bank of America, N.A.		12/30/22		—		(5,433	)
USD	42,087,033	EUR	43,125,827	Bank of America, N.A.		12/30/22		—		(745,906	)
USD	42,096,620	EUR	43,125,827	State Street Bank and Trust Company		12/30/22		—		(736,319	)
USD	52,870,587	EUR	54,170,212	State Street Bank and Trust Company		12/30/22		—		(931,729	)
USD	41,868,950	EUR	43,125,827	State Street Bank and Trust Company		12/30/22		—		(963,989	)
USD	63,152,939	EUR	64,688,740	State Street Bank and Trust Company		12/30/22		—		(1,096,470	)
USD	34,826,781	EUR	34,639,475	Bank of America, N.A.		1/31/23		338,110		—

45 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Portfolio of Investments — continued

Forward Foreign Currency Exchange Contracts (OTC) (continued)
Currency Purchased		Currency Sold		Counterparty	Settlement Date		Unrealized Appreciation		Unrealized (Depreciation)
USD	21,802,101	EUR	21,649,672	Bank of America, N.A.		1/31/23	$	246,681	$	—
USD	21,781,830	EUR	21,649,672	Bank of America, N.A.		1/31/23		226,411		—
USD	21,827,065	EUR	21,649,672	Standard Chartered Bank		1/31/23		271,645		—
USD	3,557,817	EUR	3,529,711	Standard Chartered Bank		1/31/23		43,472		—
USD	37,812,864	EUR	37,560,965	State Street Bank and Trust Company		1/31/23		415,421		—
USD	34,876,236	EUR	34,639,475	State Street Bank and Trust Company		1/31/23		387,564		—
USD	34,854,004	EUR	34,639,475	State Street Bank and Trust Company		1/31/23		365,333		—
USD	34,823,366	EUR	34,639,475	State Street Bank and Trust Company		1/31/23		334,694		—
USD	21,780,869	EUR	21,649,672	State Street Bank and Trust Company		1/31/23		225,449		—
USD	27,932,349	GBP	24,042,527	State Street Bank and Trust Company		1/31/23		276,020		—
USD	21,194,786	GBP	18,266,270	State Street Bank and Trust Company		1/31/23		182,936		—
							$	3,336,318	$	(6,351,123	)

Abbreviations:

DIP	–	Debtor In Possession
EURIBOR	–	Euro Interbank Offered Rate
LIBOR	–	London Interbank Offered Rate
OTC	–	Over-the-counter
PIK	–	Payment In Kind
SOFR	–	Secured Overnight Financing Rate
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, 2022

Statement of Assets and Liabilities

Assets	October 31, 2022
Unaffiliated investments, at value (identified cost $8,624,990,815)	$	7,728,019,654
Affiliated investments, at value (identified cost $159,117,216)		165,456,972
Cash		60,602,545
Deposits for derivatives collateral — forward foreign currency exchange contracts		9,460,000
Foreign currency, at value (identified cost $6,811,773)		6,806,847
Interest receivable		40,252,490
Dividends receivable from affiliated investments		520,417
Receivable for investments sold		107,467,802
Receivable for open forward foreign currency exchange contracts		3,336,318
Prepaid upfront fees on notes payable		419,817
Other receivables		2,084,589
Prepaid expenses		114,818
Total assets	$	8,124,542,269
Liabilities
Cash collateral due to brokers	$	1,260,000
Payable for investments purchased		10,975,850
Payable for open forward foreign currency exchange contracts		6,351,123
Payable to affiliates:
Investment adviser fee		3,427,703
Trustees’ fees		9,042
Accrued expenses		1,388,033
Total liabilities	$	23,411,751
Net Assets applicable to investors’ interest in Portfolio	$	8,101,130,518

47 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Statement of Operations

Investment Income	Year Ended October 31, 2022
Dividend income	$	3,256,926
Dividend income from affiliated investments		2,629,727
Interest and other income		464,039,211
Total investment income	$	469,925,864
Expenses
Investment adviser fee	$	46,506,949
Trustees’ fees and expenses		108,500
Custodian fee		1,650,912
Legal and accounting services		561,340
Interest expense and fees		2,289,900
Miscellaneous		436,279
Total expenses	$	51,553,880
Deduct:
Waiver and/or reimbursement of expenses by affiliate	$	250,289
Total expense reductions	$	250,289
Net expenses	$	51,303,591
Net investment income	$	418,622,273
Realized and Unrealized Gain (Loss)
Net realized gain (loss):
Investment transactions	$	(119,289,716	)
Investment transactions - affiliated investments		(82,915	)
Foreign currency transactions		6,990,412
Forward foreign currency exchange contracts		172,100,779
Net realized gain	$	59,718,560
Change in unrealized appreciation (depreciation):
Investments	$	(818,037,102	)
Investments - affiliated investments		(1,388,424	)
Foreign currency		(2,145,936	)
Forward foreign currency exchange contracts		(10,320,397	)
Net change in unrealized appreciation (depreciation)	$	(831,891,859	)
Net realized and unrealized loss	$	(772,173,299	)
Net decrease in net assets from operations	$	(353,551,026	)

48 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Statements of Changes in Net Assets

	Year Ended October 31,
Increase (Decrease) in Net Assets	2022			2021
From operations:
Net investment income	$	418,622,273		$	256,806,743
Net realized gain		59,718,560			9,155,076
Net change in unrealized appreciation (depreciation)		(831,891,859	)		224,746,482
Net increase (decrease) in net assets from operations	$	(353,551,026	)	$	490,708,301
Capital transactions:
Contributions	$	2,094,290,768		$	3,163,957,748
Withdrawals		(2,626,390,995	)		(317,385,727	)
Net increase (decrease) in net assets from capital transactions	$	(532,100,227	)	$	2,846,572,021
Net increase (decrease) in net assets	$	(885,651,253	)	$	3,337,280,322
Net Assets
At beginning of year	$	8,986,781,771		$	5,649,501,449
At end of year	$	8,101,130,518		$	8,986,781,771

49 See Notes to Financial Statements.

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Financial Highlights

	Year Ended October 31,
Ratios/Supplemental Data	2022			2021			2020			2019			2018
Ratios (as a percentage of average daily net assets):
Expenses		0.54	%(1)		0.56	%		0.59	%		0.55	%		0.54	%
Net investment income		4.39	%		3.51	%		4.17	%		5.09	%		4.38	%
Portfolio Turnover		27	%		26	%		28	%		16	%		30	%
Total Return		(3.32	)%		7.80	%		1.18	%		1.64	%		5.05	%
Net assets, end of year (000’s omitted)	$	8,101,131		$	8,986,782		$	5,649,501		$	7,966,641		$	11,502,389

⁽¹⁾  Includes a reduction by the investment adviser of a portion of its adviser fee due to the Portfolio’s investment in the Liquidity Fund (equal to less than 0.005% of average daily net assets for the year ended October 31, 2022).

50

Eaton Vance

Floating Rate Portfolio

October 31, 2022

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, 2022, Eaton Vance Floating-Rate Fund and Eaton Vance Floating-Rate & High Income Fund held an interest of 84.3% and 15.7%, 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) are valued generally at the average mean of bid and ask quotations obtained from a third party pricing service. Senior Loans, for which a valuation is not available or deemed unreliable, are fair valued by the investment adviser utilizing one or more of the valuation techniques described below to assess the likelihood that the borrower will make a full repayment of the loan underlying such Senior Loan. 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 relative to yields on other Senior Loans issued by companies of comparable credit quality. 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. 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 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 asked 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.

Other. Investments in management investment companies (including money market funds) that do not trade on an exchange are valued at the net asset value as of the close of each business day.

Fair Valuation. In connection with Rule 2a-5 of the 1940 Act, which became effective September 8, 2022, the Trustees have designated the Portfolio’s investment adviser as its valuation designee. Investments for which valuations or market quotations are not readily available or are deemed unreliable are valued by the investment adviser, as valuation designee, at fair value using methods that most fairly reflect the security’s “fair value”, which 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.

51

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

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, 2022, 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, 2022, 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.

52

Eaton Vance

Floating Rate Portfolio

October 31, 2022

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), an indirect, wholly-owned subsidiary of Morgan Stanley, as compensation for investment advisory services rendered to the Portfolio. 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, 2022, the Portfolio’s investment adviser fee amounted to $46,506,949 or 0.49% of the Portfolio’s average daily net assets. Effective April 26, 2022, the Portfolio may invest in a money market fund, the Institutional Class of the Morgan Stanley Institutional Liquidity Funds - Government Portfolio (the "Liquidity Fund"), an open-end management investment company managed by Morgan Stanley Investment Management Inc., a wholly-owned subsidiary of Morgan Stanley. The investment adviser fee paid by the Portfolio is reduced by an amount equal to its pro-rata share of the advisory and administration fees paid by the Portfolio due to its investment in the Liquidity Fund. For the year ended October 31, 2022, the investment adviser fee paid was reduced by $250,289 relating to the Portfolio’s investment in the Liquidity Fund. Prior to April 26, 2022, the Fund may have invested its cash in Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund), an affiliated investment company managed by Eaton Vance Management (EVM), an affiliate of BMR. EVM did not 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, 2022, 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 $2,490,453,168 and $2,607,264,764, respectively, for the year ended October 31, 2022.

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, 2022, as determined on a federal income tax basis, were as follows:

Aggregate cost	$8,624,117,550
Gross unrealized appreciation	$	40,569,938
Gross unrealized depreciation		(771,210,862	)
Net unrealized depreciation	$	(730,640,924	)

5  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, 2022 is included in the Portfolio of Investments. At October 31, 2022, the Portfolio had sufficient cash and/or securities to cover commitments under these contracts.

53

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

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, 2022, the fair value of derivatives with credit related contingent features in a net liability position was $6,351,123. The aggregate fair value of assets pledged as collateral by the Portfolio for such liability was $8,200,000 at October 31, 2022.

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, 2022 was as follows:

	Fair Value
Derivative	Asset Derivative			Liability Derivative
Forward foreign currency exchange contracts	$	3,336,318	(1)	$	(6,351,123	)(2)

⁽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.

The Portfolio’s derivative assets and liabilities at fair value by risk, 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, 2022.

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)
Bank of America, N.A.	$	811,202	$	(751,339	)	$	—	$	(59,863	)	$	—
Standard Chartered Bank		337,699		(337,699	)		—		—			—
State Street Bank and Trust Company		2,187,417		(2,187,417	)		—		—			—
	$	3,336,318	$	(3,276,455	)	$	—	$	(59,863	)	$	—

54

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

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)
Bank of America, N.A.	$	(751,339	)	$	751,339	$	—	$	—	$	—
Standard Chartered Bank		(1,871,277	)		337,699		—		1,533,578		—
State Street Bank and Trust Company		(3,728,507	)		2,187,417		—		1,541,090		—
	$	(6,351,123	)	$	3,276,455	$	—	$	3,074,668	$	—

^(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, 2022 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	$	172,100,779	$	(10,320,397	)

⁽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, 2022, which is indicative of the volume of this derivative type, was approximately $1,241,185,000.

6  Credit Facility

The Portfolio participates with another portfolio and fund managed by EVM and its affiliates in a $700 million ($725 million prior to June 30, 2022 and $650 million prior to March 7, 2022) unsecured credit facility agreement (Agreement) with a group of banks, which is in effect through March 6, 2023. Borrowings are made by the Portfolio solely to facilitate the handling of unusual and/or unanticipated short-term cash requirements. At the Portfolio’s option, any loan under the Credit Facility that is made to it will bear interest at a rate equal to (i) the Benchmark Rate (defined below) plus a margin or, (ii) the Base Rate, or (iii) the Overnight Rate plus a margin. Base Rate is the highest of (a) administrative agent’s prime rate, (b) 50 basis points above the Federal Funds rate, (c) the Benchmark Rate plus a margin and (d) 1.00%, in each case as in effect from time to time. The “Overnight Rate” is the greatest of the Benchmark Rate, the Federal Funds rate and 0.00%. “Benchmark Rate” means Term SOFR (defined as the forward-looking Secured Overnight Financing Rate term rate published two U.S. government securities business days prior to the commencement of the applicable interest period plus the Term SOFR Adjustment) for an interest period of one-month’s duration. To the extent that, at any time, the Benchmark Rate is less than 0.00%, the Benchmark Rate shall be deemed to be 0.00% for purposes of the Credit Facility. “Term SOFR Adjustment” means 0.10%. 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 $1,241,000 of amortization of upfront fees paid by the Portfolio in connection with the annual renewal of the Agreement. The unamortized balance of upfront fees at October 31, 2022 is $419,817 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, 2022.

55

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

7  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, 2022, the value of the portfolio’s investment in affiliated companies and funds that may deemed to be affiliated was $165,456,972, which represents 2.0% of the Portfolio’s net assets. Transactions in affiliated companies and funds by the Portfolio for the year ended October 31, 2022 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		Units/Shares, end of period
Common Stocks*
IAP Global Services, LLC(1)(2)(3)	$	10,073,588	$	—	$	—		$	—		$	(1,388,424	)	$	8,685,164	$	—		2,577
Short-Term Investments
Cash Reserves Fund		667,360,691		1,266,262,613		(1,933,540,389	)		(82,915	)		—			—		381,908		—
Liquidity Fund		—		2,435,642,928		(2,278,871,120	)		—			—			156,771,808		2,247,819		156,771,808
Total								$	(82,915	)	$	(1,388,424	)	$	165,456,972	$	2,629,727

* 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 8).

⁽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.

8  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.

56

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

At October 31, 2022, 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	$	—	$	269,370,575		$	—	$	269,370,575
Common Stocks		12,311,345		27,416,418			14,240,583		53,968,346
Convertible Preferred Stocks		—		4,538,607			—		4,538,607
Corporate Bonds		—		567,110,839			—		567,110,839
Exchange-Traded Funds		17,610,840		—			—		17,610,840
Preferred Stocks		—		10,740,795			0		10,740,795
Senior Floating-Rate Loans (Less Unfunded Loan Commitments)		—		6,807,728,858			5,635,958		6,813,364,816
Warrants		—		0			0		0
Short-Term Investments		156,771,808		—			—		156,771,808
Total Investments	$	186,693,993	$	7,686,906,092		$	19,876,541	$	7,893,476,626
Forward Foreign Currency Exchange Contracts	$	—	$	3,336,318		$	—	$	3,336,318
Total	$	186,693,993	$	7,690,242,410		$	19,876,541	$	7,896,812,944
Liability Description
Forward Foreign Currency Exchange Contracts	$	—	$	(6,351,123	)	$	—	$	(6,351,123	)
Total	$	—	$	(6,351,123	)	$	—	$	(6,351,123	)

* 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, 2022 is not presented.

9  Risks and Uncertainties

Risks Associated with Foreign Investments

Foreign investments can be adversely affected by political, economic and market developments abroad, including the imposition of economic and other sanctions by the United States or another country. There may be less publicly available information about foreign issuers because they may not be subject to reporting practices, requirements or regulations comparable to those to which United States companies are subject. Foreign markets may be smaller, less liquid and more volatile than the major markets in the United States. Trading in foreign markets typically involves higher expense than trading in the United States. The Portfolio may have difficulties enforcing its legal or contractual rights in a foreign country. Securities that trade or are denominated in currencies other than the U.S. dollar may be adversely affected by fluctuations in currency exchange rates.

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 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, ceased publishing certain LIBOR settings on December 31, 2021, and is expected to cease publishing the remaining LIBOR settings on June 30, 2023. Although the transition process away from LIBOR has become increasingly well-defined, 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.

57

Eaton Vance

Floating Rate Portfolio

October 31, 2022

Notes to Financial Statements — continued

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 of disease, 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, as well as the economies of individual countries and industries, and could continue to affect the market in significant and unforeseen ways. Other epidemics and pandemics that may arise in the future may have similar effects. Any such impact could adversely affect the Portfolio’s performance, or the performance of the securities in which the Portfolio invests.

58

Eaton Vance

Floating Rate Portfolio

October 31, 2022

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, 2022, 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, 2022, 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, 2022, 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 20, 2022

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

59

Eaton Vance

Floating-Rate Fund

October 31, 2022

Board of Trustees’ Contract Approval

Overview of the Contract Review Process – Eaton Vance Funds

The Investment Company Act of 1940, as amended (the “1940 Act”), provides, in substance, that the investment advisory agreement between a fund and its investment adviser will continue in effect from year-to-year only if its continuation is approved on an annual basis by a vote of the fund’s board of trustees, including a majority of the trustees who are not “interested persons” of the fund (“independent trustees”), cast in person at a meeting called for the purpose of considering such approval.

At a meeting held on June 8, 2022, the Boards of Trustees/Directors (collectively, the “Board”) that oversee the registered investment companies advised by Eaton Vance Management or its affiliate, Boston Management and Research (the “Eaton Vance Funds”), including a majority of the independent trustees (the “Independent Trustees”), voted to approve the continuation of existing investment advisory agreements and sub-advisory agreements¹ for each of the Eaton Vance Funds for an additional one-year period. The Board relied upon the affirmative recommendation of its Contract Review Committee, which is a committee exclusively comprised of Independent Trustees. Prior to making its recommendation, the Contract Review Committee reviewed information furnished by the adviser and sub-adviser to each of the Eaton Vance Funds (including information specifically requested by the Board) for a series of formal meetings held between April and June 2022. Members of the Contract Review Committee also considered information received at prior meetings of the Board and its committees, to the extent such information was relevant to the Contract Review Committee’s annual evaluation of the investment advisory agreements and sub-advisory agreements.

In connection with its evaluation of the investment advisory agreements and sub-advisory agreements, the Board considered various information relating to the Eaton Vance Funds. This included information applicable to all or groups of Eaton Vance Funds, which is referenced immediately below, and information applicable to the particular Eaton Vance Fund covered by this report (additional fund-specific information is referenced below under “Results of the Contract Review Process”). (For funds that invest through one or more underlying portfolios, references to “each fund” in this section may include information that was considered at the portfolio-level.)

Information about Fees, Performance and Expenses

• A report from an independent data provider comparing advisory and other fees paid by each fund to such fees paid by comparable funds, as identified by the independent data provider (“comparable funds”);

• A report from an independent data provider comparing each fund’s total expense ratio (and its components) to those of comparable funds;

• A report from an independent data provider comparing the investment performance of each fund (including, as relevant, total return data, income data, Sharpe ratios and information ratios) to the investment performance of comparable funds and, as applicable, benchmark indices, over various time periods;

• In certain instances, data regarding investment performance relative to customized groups of peer funds and blended indices identified by the adviser in consultation with the Portfolio Management Committee of the Board (a committee exclusively comprised of Independent Trustees);

• Comparative information concerning the fees charged and services provided by the adviser and sub-adviser to each fund in managing other accounts (which may include other mutual funds, collective investment funds and institutional accounts) using investment strategies and techniques similar to those used in managing such fund(s), if any;

• Profitability analyses with respect to the adviser and sub-adviser to each of the funds;

Information about Portfolio Management and Trading

• Descriptions of the investment management services provided to each fund, as well as each of the funds’ investment strategies and policies;

• The procedures and processes used to determine the value of fund assets, including, when necessary, the determination of “fair value” and actions taken to monitor and test the effectiveness of such procedures and processes;

• Information about the policies and practices of each fund’s adviser and sub-adviser with respect to trading, including their processes for seeking best execution of portfolio transactions;

• Information about the allocation of brokerage transactions and the benefits, if any, received by the adviser and sub-adviser to each fund as a result of brokerage allocation, including, as applicable, information concerning the acquisition of research through client commission arrangements and policies with respect to “soft dollars”;

• Data relating to the portfolio turnover rate of each fund and related information regarding active management in the context of particular strategies;

Information about each Adviser and Sub-adviser

• Reports detailing the financial results and condition of the adviser and sub-adviser to each fund;

¹  Not all Eaton Vance Funds have entered into a sub-advisory agreement with a sub-adviser. Accordingly, references to “sub-adviser” or “sub-advisory agreement” in this “Overview” section may not be applicable to the particular Eaton Vance Fund covered by this report. Following the “Overview” section, further information regarding the Board’s evaluation of a fund’s contractual arrangements is included under the “Results of the Contract Review Process” section.

60

Eaton Vance

Floating-Rate Fund

October 31, 2022

Board of Trustees’ Contract Approval — continued

• Information regarding the individual investment professionals whose responsibilities include portfolio management and investment research for the funds, and, for portfolio managers and certain other investment professionals, information relating to their responsibilities with respect to managing other mutual funds and investment accounts, as applicable;

• Information regarding the adviser’s and its parent company’s (Morgan Stanley’s) efforts to retain and attract talented investment professionals, including in the context of a particularly competitive marketplace for talent, as well as the ongoing unique environment presented by hybrid, remote and other alternative work arrangements;

• The Code of Ethics of the adviser and its affiliates and the sub-adviser of each fund, together with information relating to compliance with, and the administration of, such codes;

• Policies and procedures relating to proxy voting, including regular reporting with respect to fund proxy voting activities;

• Information regarding the handling of corporate actions and class actions, as well as information regarding litigation and other regulatory matters;

• Information concerning the resources devoted to compliance efforts undertaken by the adviser and its affiliates and the sub-adviser of each fund, if any, including descriptions of their various compliance programs and their record of compliance;

• Information concerning the business continuity and disaster recovery plans of the adviser and its affiliates and the sub-adviser of each fund, if any;

• A description of Eaton Vance Management’s and Boston Management and Research’s oversight of sub-advisers, including with respect to regulatory and compliance issues, investment management and other matters;

Other Relevant Information

• Information regarding ongoing initiatives to further integrate and harmonize, where applicable, the investment management and other departments of the adviser and its affiliates with the overall investment management infrastructure of Morgan Stanley, in light of Morgan Stanley’s acquisition of Eaton Vance on March 1, 2021;

• Information concerning the nature, cost and character of the administrative and other non-investment advisory services provided by Eaton Vance Management and its affiliates;

• Information concerning oversight of the relationship with the custodian, subcustodians, fund accountants, and other third-party service providers by the adviser and/or administrator to each of the funds;

• Information concerning efforts to implement policies and procedures with respect to various new regulations applicable to the funds, including Rule 12d1-4 (the Fund-of-Funds Rule), Rule 18f-4 (the Derivatives Rule) and Rule 2a-5 (the Fair Valuation Rule);

• For an Eaton Vance Fund structured as an exchange-listed closed-end fund, information concerning the benefits of the closed-end fund structure, as well as, where relevant, the closed-end fund’s market prices (including as compared to the closed-end fund’s net asset value (NAV)), trading volume data, continued use of auction preferred shares (where applicable), distribution rates and other relevant matters;

• The risks which the adviser and/or its affiliates incur in connection with the management and operation of the funds, including, among others, litigation, regulatory, entrepreneurial, and other business risks (and the associated costs of such risks); and

• The terms of each investment advisory agreement and sub-advisory agreement.

During the various meetings of the Board and its committees over the course of the year leading up to the June 8, 2022 meeting, the Trustees received information from portfolio managers and other investment professionals of the advisers and sub-advisers of the funds regarding investment and performance matters, and considered various investment and trading strategies used in pursuing the funds’ investment objectives. The Trustees also received information regarding risk management techniques employed in connection with the management of the funds. The Board and its committees evaluated issues pertaining to industry and regulatory developments, compliance procedures, fund governance and other issues with respect to the funds, and received and participated in reports and presentations provided by Eaton Vance Management, Boston Management and Research and fund sub-advisers, with respect to such matters. In addition to the formal meetings of the Board and its committees, the Independent Trustees held regular teleconferences to discuss, among other topics, matters relating to the continuation of investment advisory agreements and sub-advisory agreements.

The Contract Review Committee was advised throughout the contract review process by Goodwin Procter LLP, independent legal counsel for the Independent Trustees. The members of the Contract Review Committee, with the advice of such counsel, exercised their own business judgment in determining the material factors to be considered in evaluating each investment advisory agreement and sub-advisory agreement and the weight to be given to each such factor. The conclusions reached with respect to each investment advisory agreement and sub-advisory agreement were based on a comprehensive evaluation of all the information provided and not any single factor. Moreover, each member of the Contract Review Committee may have placed varying emphasis on particular factors in reaching conclusions with respect to each investment advisory agreement and sub-advisory agreement. In evaluating each investment advisory agreement and sub-advisory agreement, including the fee structures and other terms contained in such agreements, the members of the Contract Review Committee were also informed by multiple years of analysis and discussion with the adviser and sub-adviser to each of the Eaton Vance Funds.

Results of the Contract Review Process

Based on its consideration of the foregoing, and such other information it deemed relevant, including the factors and conclusions described below, the Contract Review Committee concluded that the continuation of the investment advisory agreement between Eaton Vance Floating-Rate Fund (the “Fund”)

61

Eaton Vance

Floating-Rate Fund

October 31, 2022

Board of Trustees’ Contract Approval — continued

and Eaton Vance Management (“EVM”), as well as the investment advisory agreement between Eaton Vance Floating Rate Portfolio (the “Portfolio”), the portfolio in which the Fund invests, and Boston Management and Research (“BMR”) (EVM, with respect to the Fund, and BMR, with respect to the Portfolio, are each referred to herein as the “Adviser”), including their respective fee structures, are in the interests of shareholders and, therefore, recommended to the Board approval of each agreement. Based on the recommendation of the Contract Review Committee, the Board, including a majority of the Independent Trustees, voted to approve continuation of the investment advisory agreements for the Fund and the Portfolio (together, the “investment advisory agreements”).

Nature, Extent and Quality of Services

In considering whether to approve the investment advisory agreements for the Fund and the Portfolio, the Board evaluated the nature, extent and quality of services provided to the Fund and to the Portfolio by the applicable Adviser.

The Board considered each Adviser’s management capabilities and investment processes in light of the types of investments held by the Fund and the Portfolio, including the education, experience and number of investment professionals and other personnel who provide portfolio management, investment research, and similar services to the Portfolio, including recent changes to such personnel. In particular, the Board considered the abilities and experience of each Adviser’s investment professionals in analyzing special considerations relevant to investing in senior floating rate loans. The Board considered each Adviser’s large group of bank loan investment professionals and other personnel who provide services to the Fund and to the Portfolio, including portfolio managers and analysts. The Board also took into account the resources dedicated to portfolio management and other services, the compensation methods of each Adviser and other factors, including the reputation and resources of each Adviser to recruit and retain highly qualified research, advisory and supervisory investment professionals. In addition, the Board considered the time and attention devoted to the Eaton Vance Funds, including the Fund and the Portfolio, by senior management, as well as the infrastructure, operational capabilities and support staff in place to assist in the portfolio management and operations of the Fund and the Portfolio, including the provision of administrative services. The Board also considered the business-related and other risks to which each Adviser or its affiliates may be subject in managing the Fund and the Portfolio.

The Board noted that, under the terms of the investment advisory agreement of the Fund, EVM may invest assets of the Fund directly in securities, for which it would receive a fee, or in the Portfolio, for which it receives no separate fee but for which BMR receives an advisory fee from the Portfolio.

The Board considered the compliance programs of each Adviser and relevant affiliates thereof. The Board considered compliance and reporting matters regarding, among other things, personal trading by investment professionals, disclosure of portfolio holdings, late trading, frequent trading, portfolio valuation, business continuity and the allocation of investment opportunities. The Board also considered the responses of each Adviser and its affiliates to requests in recent years from regulatory authorities, such as the Securities and Exchange Commission and the Financial Industry Regulatory Authority.

The Board considered other administrative services provided or overseen by EVM and its affiliates, including transfer agency and accounting services. The Board evaluated the benefits to shareholders of investing in a fund that is a part of a large fund complex offering exposure to a variety of asset classes and investment disciplines, as well as the ability, in many cases, to exchange an investment among different funds without incurring additional sales charges.

After consideration of the foregoing factors, among others, the Board concluded that the nature, extent and quality of services provided by each Adviser, taken as a whole, are appropriate and consistent with the terms of the applicable investment advisory agreement.

Fund Performance

The Board compared the Fund’s investment performance to that of comparable funds identified by an independent data provider (the peer group), as well as an appropriate benchmark index and a custom peer group of similarly managed funds. The Board’s review included comparative performance data with respect to the Fund for the one-, three-, five- and ten-year periods ended December 31, 2021. In this regard, the Board noted that the performance of the Fund was higher than the median performance of the Fund’s peer group and custom peer group for the three-year period. The Board also noted that the performance of the Fund was lower than its benchmark index for the three-year period. The Board concluded that the performance of the Fund was satisfactory.

Management Fees and Expenses

The Board considered contractual fee rates payable by the Portfolio and by the Fund for advisory and administrative services (referred to collectively as “management fees”). As part of its review, the Board considered the Fund’s management fees and total expense ratio for the one-year period ended December 31, 2021, as compared to those of comparable funds, before and after giving effect to any undertaking to waive fees or reimburse expenses. The Board also considered certain factors identified by management in response to inquiries from the Contract Review Committee regarding the Fund’s total expense ratio relative to comparable funds.

After considering the foregoing information, and in light of the nature, extent and quality of the services provided by each Adviser, the Board concluded that the management fees charged for advisory and related services are reasonable.

62

Eaton Vance

Floating-Rate Fund

October 31, 2022

Board of Trustees’ Contract Approval — continued

Profitability and “Fall-Out” Benefits

The Board considered the level of profits realized by each Adviser and relevant affiliates thereof in providing investment advisory and administrative services to the Fund, to the Portfolio and to all Eaton Vance Funds as a group. The Board considered the level of profits realized without regard to marketing support or other payments by each Adviser and its affiliates to third parties in respect of distribution or other services.

The Board concluded that, in light of the foregoing factors and the nature, extent and quality of the services rendered, the profits realized by each Adviser and its affiliates are deemed not to be excessive.

The Board also considered direct or indirect fall-out benefits received by each Adviser and its affiliates in connection with their respective relationships with the Fund and the Portfolio, including the benefits of research services that may be available to each Adviser as a result of securities transactions effected for the Fund and the Portfolio and other investment advisory clients.

Economies of Scale

In reviewing management fees and profitability, the Board also considered the extent to which the applicable Adviser and its affiliates, on the one hand, and the Fund and the Portfolio, on the other hand, can expect to realize benefits from economies of scale as the assets of the Fund and the Portfolio increase. The Board acknowledged the difficulty in accurately measuring the benefits resulting from economies of scale, if any, with respect to the management of any specific fund or group of funds. The Board reviewed data summarizing the increases and decreases in the assets of the Fund and of all Eaton Vance Funds as a group over various time periods, and evaluated the extent to which the total expense ratio of the Fund and the profitability of each Adviser and its affiliates may have been affected by such increases or decreases. Based upon the foregoing, the Board concluded that the Fund currently shares in the benefits from economies of scale, if any, when they are realized by each Adviser. The Board also concluded that the structure of the advisory fees, which include breakpoints at several asset levels, will allow the Fund and the Portfolio to continue to benefit from any economies of scale in the future.

63

Eaton Vance

Floating-Rate Fund

October 31, 2022

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 7, 2022, 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, 2021 through December 31, 2021 (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.

64

Eaton Vance

Floating-Rate Fund

October 31, 2022

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 the Portfolio’s affairs. The Board members 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. Board members hold indefinite terms of office. Each Trustee holds office until his or her successor is elected and qualified, subject to a prior death, resignation, retirement, disqualification or removal. Under the terms of the Fund’s and the Portfolio’s current Trustee retirement policy, an Independent Trustee must retire and resign as a Trustee on the earlier of: (i) the first day of July following his or her 74th birthday; or (ii), with limited exception, December 31st of the 20th year in which he or she has served as a Trustee. However, if such retirement and resignation would cause the Fund and the Portfolio to be out of compliance with Section 16 of the 1940 Act or any other regulations or guidance of the SEC, then such retirement and resignation will not become effective until such time as action has been taken for the Fund and the Portfolio to be in compliance therewith. 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 Board member and officer is Two International Place, Boston, Massachusetts 02110. As used below, “BMR” refers to Boston Management and Research, “EVC” refers to Eaton Vance Corp., “EV” refers to EV LLC, “EVM” refers to Eaton Vance Management 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 135 funds (with the exception of Mr. Bowser who oversees 110 funds) in the Eaton Vance fund complex (including both funds and portfolios in a hub and spoke structure).

Name and Year of Birth	Trust/Portfolio Position(s)	Length of Service	Principal Occupation(s) and Other Directorships During Past Five Years and Other Relevant Experience
Interested Trustee
Thomas E. Faust Jr. 1958	Trustee	Since 2007	Chairman of Morgan Stanley Investment Management, Inc. (MSIM), member of the Board of Managers and President of EV (since 2021), Chief Executive Officer of EVM and BMR. Formerly, Chairman, Chief Executive Officer (2007-2021) and President (2006-2021) of EVC and Director of EVD (2007-2022). Mr. Faust is an interested person because of his positions with MSIM, BMR, EVM and EV, which are affiliates of the Trust and the Portfolio. Other Directorships. Formerly, Director of EVC (2007-2021) and Hexavest Inc. (investment management firm) (2012-2021).
Noninterested Trustees
Alan C. Bowser(1) 1962	Trustee	Since 2022	Chief Diversity Officer, Partner and a member of the Operating Committee, and formerly served as Senior Advisor on Diversity and Inclusion for the firm’s chief executive officer, Co-Head of the Americas Region, and Senior Client Advisor of Bridgewater Associates, an asset management firm (2011- present). Other Directorships. None.
Mark R. Fetting 1954	Trustee	Since 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. None.
Cynthia E. Frost 1961	Trustee	Since 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. None.
George J. Gorman 1952	Chairperson of the Board and Trustee	Since 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. None.

65

Eaton Vance

Floating-Rate Fund

October 31, 2022

Management and Organization — continued

Name and Year of Birth	Trust/Portfolio Position(s)	Length of Service	Principal Occupation(s) and Other Directorships During Past Five Years and Other Relevant Experience
Noninterested Trustees (continued)
Valerie A. Mosley 1960	Trustee	Since 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. Director of DraftKings, Inc. (digital sports entertainment and gaming company) (since September 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) and Director of Groupon, Inc. (e-commerce provider) (2020-2022).
Keith Quinton 1958	Trustee	Since 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. Formerly, Director (2016-2021) and Chairman (2019-2021) of New Hampshire Municipal Bond Bank.
Marcus L. Smith 1966	Trustee	Since 2018	Private investor and independent corporate director. Formerly, Chief Investment Officer, Canada (2012-2017), Chief Investment Officer, Asia (2010-2012), Director of Asian Research (2004-2010) and portfolio manager (2001-2017) at MFS Investment Management (investment management firm). Other Directorships. 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	Since 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. Director of Kairos Acquisition Corp. (insurance/InsurTech acquisition company) (since 2021).
Scott E. Wennerholm 1959	Trustee	Since 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. None.
Nancy A. Wiser(1) 1967	Trustee	Since 2022	Formerly, Executive Vice President and the Global Head of Operations at Wells Fargo Asset Management (2011-2021). Other Directorships. None.

Name and Year of Birth	Trust/Portfolio Position(s)	Length of Service	Principal Occupation(s) During Past Five Years
Principal Officers who are not Trustees
Eric A. Stein 1980	President	Since 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	Since 2009	Vice President of EVM and BMR. Also Vice President of CRM.
James F. Kirchner 1967	Treasurer	Since 2007	Vice President of EVM and BMR. Also Vice President of CRM.

66

Eaton Vance

Floating-Rate Fund

October 31, 2022

Management and Organization — continued

Name and Year of Birth	Trust/Portfolio Position(s)	Length of Service	Principal Occupation(s) During Past Five Years
Principal Officers who are not Trustees (continued)
Nicholas Di Lorenzo 1987	Secretary	Since 2022	Formerly, associate (2012-2021) and counsel (2022) at Dechert LLP.
Richard F. Froio 1968	Chief Compliance Officer	Since 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⁾  Mr. Bowser and Ms. Wiser began serving as Trustees effective April 4, 2022.

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.

67

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

68

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.

69

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.

70

This Page Intentionally Left Blank

This Page Intentionally Left Blank

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

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    10.31.22

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 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. 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, 2021 and October 31, 2022 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	10/31/21			10/31/22
Audit Fees	$	113,844		$	122,000
Audit-Related Fees(1)	$	0		$	0
Tax Fees(2)	$	23,365		$	0
All Other Fees(3)	$	0		$	0
			��
Total	$	137,209		$	122,000

⁽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, 2021 and October 31, 2022; 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	10/31/21		10/31/22
Registrant	$	23,365	$	0
Eaton Vance(1)	$	51,800	$	52,836

⁽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 28, 2022

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 28, 2022

By:	/s/ Eric A. Stein
	Eric A. Stein
	President

Date: December 28, 2022