Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited)
Asset-Backed Securities — 4.9% |
Security | Principal Amount (000's omitted) | Value | |
Alinea CLO, Ltd.: | |||
Series 2018-1A, Class D, 8.688%, (3 mo. SOFR + 3.36%), 7/20/31(1)(2) | $ | 2,500 | $ 2,448,937 |
Series 2018-1A, Class E, 11.588%, (3 mo. SOFR + 6.26%), 7/20/31(1)(2) | 3,000 | 2,598,840 | |
AMMC CLO 15, Ltd., Series 2014-15A, Class ERR, 12.48%, (3 mo. SOFR + 7.17%), 1/15/32(1)(2) | 5,000 | 4,355,955 | |
AMMC CLO XII, Ltd., Series 2013-12A, Class ER, 11.517%, (3 mo. USD LIBOR + 6.18%), 11/10/30(1)(2) | 3,525 | 3,064,399 | |
Apidos CLO XX, Series 2015-20A, Class DR, 11.27%, (3 mo. SOFR + 5.96%), 7/16/31(1)(2) | 2,375 | 2,103,623 | |
Ares LVlll CLO, Ltd., Series 2020-58A, Class ER, 12.008%, (3 mo. SOFR + 6.70%), 1/15/35(1)(2) | 3,000 | 2,730,363 | |
Ares XLIX CLO, Ltd.: | |||
Series 2018-49A, Class D, 8.607%, (3 mo. SOFR + 3.26%), 7/22/30(1)(2) | 2,500 | 2,376,075 | |
Series 2018-49A, Class E, 11.307%, (3 mo. SOFR + 5.96%), 7/22/30(1)(2) | 3,500 | 3,076,346 | |
Ares XXXIIR CLO, Ltd., Series 2014-32RA, Class C, 8.221%, (3 mo. USD LIBOR + 2.90%), 5/15/30(1)(2) | 5,000 | 4,481,965 | |
Ares XXXVR CLO, Ltd., Series 2015-35RA, Class E, 11.27%, (3 mo. SOFR + 5.96%), 7/15/30(1)(2) | 4,000 | 3,490,436 | |
Babson CLO, Ltd.: | |||
Series 2015-1A, Class DR, 8.188%, (3 mo. SOFR + 2.86%), 1/20/31(1)(2) | 2,500 | 2,277,563 | |
Series 2018-1A, Class C, 8.17%, (3 mo. SOFR + 2.86%), 4/15/31(1)(2) | 3,500 | 3,101,273 | |
Bain Capital Credit CLO, Ltd.: | |||
Series 2018-1A, Class D, 8.307%, (3 mo. USD LIBOR + 2.70%), 4/23/31(1)(2) | 5,000 | 4,417,395 | |
Series 2018-1A, Class E, 10.957%, (3 mo. USD LIBOR + 5.35%), 4/23/31(1)(2) | 3,000 | 2,466,966 | |
Battalion CLO XXII, Ltd., Series 2021-22A, Class E, 12.538%, (3 mo. SOFR + 7.21%), 1/20/35(1)(2) | 1,750 | 1,455,319 | |
Battalion CLO XXIII, Ltd., Series 2022-23A, Class D, 9.258%, (3 mo. SOFR + 3.95%), 5/19/36(1)(2) | 3,500 | 3,330,666 | |
Benefit Street Partners CLO V-B, Ltd.: | |||
Series 2018-5BA, Class C, 8.518%, (3 mo. SOFR + 3.19%), 4/20/31(1)(2) | 5,000 | 4,705,760 | |
Series 2018-5BA, Class D, 11.538%, (3 mo. SOFR + 6.21%), 4/20/31(1)(2) | 3,500 | 3,027,132 | |
Benefit Street Partners CLO VIII, Ltd., Series 2015-8A, Class DR, 11.188%, (3 mo. SOFR + 5.86%), 1/20/31(1)(2) | 5,401 | 4,455,825 | |
Benefit Street Partners CLO XIV, Ltd., Series 2018-14A, Class D, 8.188%, (3 mo. SOFR + 2.86%), 4/20/31(1)(2) | 1,500 | 1,382,654 |
Security | Principal Amount (000's omitted) | Value | |
Benefit Street Partners CLO XVI, Ltd., Series 2018-16A, Class E, 12.27%, (3 mo. SOFR + 6.96%), 1/17/32(1)(2) | $ | 2,250 | $ 2,130,597 |
Benefit Street Partners CLO XVII, Ltd., Series 2019-17A, Class ER, 11.92%, (3 mo. SOFR + 6.61%), 7/15/32(1)(2) | 1,750 | 1,631,326 | |
Benefit Street Partners CLO XXII, Ltd., Series 2020-22A, Class ER, 12.256%, (3 mo. SOFR + 6.93%), 4/20/35(1)(2) | 1,000 | 961,456 | |
Benefit Street Partners CLO XXV, Ltd., Series 2021-25A, Class E, 12.42%, (3 mo. SOFR + 7.11%), 1/15/35(1)(2) | 3,000 | 2,948,757 | |
Betony CLO 2, Ltd.: | |||
Series 2018-1A, Class C, 8.531%, (3 mo. SOFR + 3.16%), 4/30/31(1)(2) | 2,500 | 2,437,807 | |
Series 2018-1A, Class D, 11.281%, (3 mo. SOFR + 5.91%), 4/30/31(1)(2) | 4,450 | 3,951,377 | |
BlueMountain CLO XXIV, Ltd., Series 2019-24A, Class ER, 12.428%, (3 mo. SOFR + 7.10%), 4/20/34(1)(2) | 1,000 | 922,302 | |
BlueMountain CLO XXVI, Ltd., Series 2019-26A, Class ER, 12.718%, (3 mo. SOFR + 7.39%), 10/20/34(1)(2) | 3,000 | 2,857,119 | |
BlueMountain CLO XXX, Ltd., Series 2020-30A, Class ER, 12.008%, (3 mo. SOFR + 6.70%), 4/15/35(1)(2) | 2,000 | 1,812,652 | |
BlueMountain CLO XXXIII, Ltd., Series 2021-33A, Class E, 12.209%, (3 mo. USD LIBOR + 6.83%), 11/20/34(1)(2) | 2,500 | 2,359,433 | |
BlueMountain CLO XXXV, Ltd., Series 2022-35A, Class E, 13.096%, (3 mo. SOFR + 7.75%), 7/22/35(1)(2) | 2,000 | 1,952,112 | |
BlueMountain CLO, Ltd.: | |||
Series 2016-3A, Class DR, 8.421%, (3 mo. USD LIBOR + 3.10%), 11/15/30(1)(2) | 1,500 | 1,332,087 | |
Series 2016-3A, Class ER, 11.271%, (3 mo. USD LIBOR + 5.95%), 11/15/30(1)(2) | 1,500 | 1,271,679 | |
Series 2018-1A, Class D, 8.681%, (3 mo. SOFR + 3.31%), 7/30/30(1)(2) | 2,500 | 2,163,600 | |
Series 2018-1A, Class E, 11.581%, (3 mo. SOFR + 6.21%), 7/30/30(1)(2) | 2,000 | 1,587,656 | |
Bryant Park Funding, Ltd., Series 2023-20A, Class D, 11.354%, (3 mo. SOFR + 6.09%), 7/15/36(1)(2) | 3,500 | 3,507,630 | |
Canyon Capital CLO, Ltd.: | |||
Series 2012-1RA, Class E, 11.27%, (3 mo. SOFR + 5.96%), 7/15/30(1)(2) | 4,875 | 4,228,736 | |
Series 2016-1A, Class ER, 11.32%, (3 mo. SOFR + 6.01%), 7/15/31(1)(2) | 4,000 | 3,412,540 | |
Series 2016-2A, Class ER, 11.57%, (3 mo. SOFR + 6.26%), 10/15/31(1)(2) | 4,500 | 3,773,871 | |
Series 2017-1A, Class E, 11.82%, (3 mo. SOFR + 6.51%), 7/15/30(1)(2) | 3,250 | 2,871,021 |
1
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Canyon Capital CLO, Ltd.: (continued) | |||
Series 2018-1A, Class D, 8.47%, (3 mo. SOFR + 3.16%), 7/15/31(1)(2) | $ | 3,000 | $ 2,908,497 |
Series 2018-1A, Class E, 11.32%, (3 mo. SOFR + 6.01%), 7/15/31(1)(2) | 2,750 | 2,363,974 | |
Series 2019-2A, Class ER, 12.32%, (3 mo. SOFR + 7.01%), 10/15/34(1)(2) | 1,500 | 1,396,545 | |
Carlyle CLO C17, Ltd.: | |||
Series C17A, Class CR, 8.431%, (3 mo. SOFR + 3.06%), 4/30/31(1)(2) | 5,000 | 4,841,320 | |
Series C17A, Class DR, 11.631%, (3 mo. SOFR + 6.26%), 4/30/31(1)(2) | 3,500 | 3,106,390 | |
Carlyle Global Market Strategies CLO, Ltd.: | |||
Series 2012-3A, Class CR2, 9.073%, (3 mo. SOFR + 3.76%), 1/14/32(1)(2) | 2,500 | 2,329,258 | |
Series 2012-3A, Class DR2, 12.073%, (3 mo. SOFR + 6.76%), 1/14/32(1)(2) | 1,500 | 1,234,338 | |
Series 2014-3RA, Class C, 8.569%, (3 mo. USD LIBOR + 2.95%), 7/27/31(1)(2) | 1,000 | 879,782 | |
Series 2014-3RA, Class D, 11.019%, (3 mo. USD LIBOR + 5.40%), 7/27/31(1)(2) | 2,150 | 1,790,514 | |
Series 2014-4RA, Class C, 8.47%, (3 mo. SOFR + 3.16%), 7/15/30(1)(2) | 2,000 | 1,784,156 | |
Series 2014-4RA, Class D, 11.22%, (3 mo. SOFR + 5.91%), 7/15/30(1)(2) | 3,500 | 2,920,536 | |
Carlyle US CLO, Ltd., Series 2019-4A, Class DR, 11.908%, (3 mo. SOFR + 6.60%), 4/15/35(1)(2) | 3,000 | 2,672,502 | |
CarVal CLO IV, Ltd., Series 2021-1A, Class E, 12.188%, (3 mo. SOFR + 6.86%), 7/20/34(1)(2) | 1,000 | 956,628 | |
CIFC Funding, Ltd., Series 2022-4A, Class D, 8.858%, (3 mo. SOFR + 3.55%), 7/16/35(1)(2) | 1,750 | 1,706,241 | |
Dryden CLO, Ltd.: | |||
Series 2018-55A, Class D, 8.42%, (3 mo. SOFR + 3.11%), 4/15/31(1)(2) | 1,500 | 1,352,400 | |
Series 2018-55A, Class E, 10.97%, (3 mo. SOFR + 5.66%), 4/15/31(1)(2) | 2,000 | 1,743,292 | |
Series 2022-112A, Class E, 12.866%, (3 mo. SOFR + 7.78%), 8/15/34(1)(2) | 2,000 | 1,993,804 | |
Dryden Senior Loan Fund: | |||
Series 2015-41A, Class DR, 8.17%, (3 mo. SOFR + 2.86%), 4/15/31(1)(2) | 5,000 | 4,424,735 | |
Series 2015-41A, Class ER, 10.87%, (3 mo. SOFR + 5.56%), 4/15/31(1)(2) | 1,268 | 1,023,708 | |
Series 2016-42A, Class DR, 8.50%, (3 mo. SOFR + 3.19%), 7/15/30(1)(2) | 2,500 | 2,239,353 | |
Series 2016-42A, Class ER, 11.12%, (3 mo. SOFR + 5.81%), 7/15/30(1)(2) | 3,500 | 2,919,000 | |
Elmwood CLO 14, Ltd., Series 2022-1A, Class E, 11.676%, (3 mo. SOFR + 6.35%), 4/20/35(1)(2) | 1,950 | 1,871,731 | |
Elmwood CLO 17, Ltd., Series 2022-4A, Class E, 12.458%, (3 mo. SOFR + 7.15%), 7/17/35(1)(2) | 2,250 | 2,249,552 |
Security | Principal Amount (000's omitted) | Value | |
Galaxy 31 CLO, Ltd., Series 2023-31A, Class D, 10.031%, (3 mo. SOFR + 5.25%), 4/15/36(1)(2) | $ | 1,750 | $ 1,758,460 |
Galaxy XV CLO, Ltd., Series 2013-15A, Class ER, 12.215%, (3 mo. SOFR + 6.91%), 10/15/30(1)(2) | 2,500 | 2,262,660 | |
Galaxy XXV CLO, Ltd.: | |||
Series 2018-25A, Class D, 8.713%, (3 mo. SOFR + 3.36%), 10/25/31(1)(2) | 2,500 | 2,440,535 | |
Series 2018-25A, Class E, 11.563%, (3 mo. SOFR + 6.21%), 10/25/31(1)(2) | 3,500 | 3,109,550 | |
Golub Capital Partners CLO 22B, Ltd., Series 2015-22A, Class ER, 11.588%, (3 mo. SOFR + 6.26%), 1/20/31(1)(2) | 2,500 | 2,198,245 | |
Golub Capital Partners CLO 37B, Ltd.: | |||
Series 2018-37A, Class D, 8.888%, (3 mo. SOFR + 3.56%), 7/20/30(1)(2) | 4,000 | 3,713,436 | |
Series 2018-37A, Class E, 11.338%, (3 mo. SOFR + 6.01%), 7/20/30(1)(2) | 4,750 | 4,661,322 | |
Golub Capital Partners CLO 53B, Ltd., Series 2021-53A, Class E, 12.288%, (3 mo. SOFR + 6.96%), 7/20/34(1)(2) | 1,250 | 1,196,968 | |
Golub Capital Partners CLO 58B, Ltd., Series 2021-58A, Class E, 12.423%, (3 mo. SOFR + 7.07%), 1/25/35(1)(2) | 2,500 | 2,347,635 | |
Halseypoint CLO 5, Ltd., Series 2021-5A, Class E, 12.571%, (3 mo. SOFR + 7.20%), 1/30/35(1)(2) | 2,000 | 1,881,292 | |
Harriman Park CLO, Ltd., Series 2020-1A, Class ER, 11.988%, (3 mo. SOFR + 6.66%), 4/20/34(1)(2) | 1,000 | 942,130 | |
ICG US CLO, Ltd.: | |||
Series 2018-2A, Class D, 8.707%, (3 mo. SOFR + 3.36%), 7/22/31(1)(2) | 2,000 | 1,859,716 | |
Series 2018-2A, Class E, 11.357%, (3 mo. SOFR + 6.01%), 7/22/31(1)(2) | 3,000 | 2,533,740 | |
Madison Park Funding LIX, Ltd., Series 2021-59A, Class E, 12.172%, (3 mo. SOFR + 6.86%), 1/18/34(1)(2) | 1,450 | 1,404,792 | |
Madison Park Funding XXV, Ltd., Series 2017-25A, Class D, 11.713%, (3 mo. SOFR + 6.36%), 4/25/29(1)(2) | 1,500 | 1,419,705 | |
Madison Park Funding XXXVI, Ltd., Series 2019-36A, Class ER, 12.358%, (3 mo. SOFR + 7.05%), 4/15/35(1)(2) | 2,500 | 2,448,307 | |
Marble Point CLO XXIV, Ltd., Series 2022-1A, Class D1, 9.566%, (3 mo. SOFR + 4.24%), 4/20/35(1)(2) | 2,000 | 1,883,350 | |
Neuberger Berman CLO XXII, Ltd.: | |||
Series 2016-22A, Class DR, 8.67%, (3 mo. SOFR + 3.36%), 10/17/30(1)(2) | 2,500 | 2,429,252 | |
Series 2016-22A, Class ER, 11.63%, (3 mo. SOFR + 6.32%), 10/17/30(1)(2) | 3,000 | 2,696,400 | |
Neuberger Berman Loan Advisers CLO 28, Ltd., Series 2018-28A, Class E, 11.188%, (3 mo. SOFR + 5.86%), 4/20/30(1)(2) | 1,950 | 1,795,927 |
2
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Neuberger Berman Loan Advisers CLO 30, Ltd.: | |||
Series 2018-30A, Class DR, 8.438%, (3 mo. SOFR + 3.11%), 1/20/31(1)(2) | $ | 2,500 | $ 2,421,513 |
Series 2018-30A, Class ER, 11.788%, (3 mo. SOFR + 6.46%), 1/20/31(1)(2) | 1,000 | 931,684 | |
Neuberger Berman Loan Advisers CLO 48, Ltd., Series 2022-48A, Class E, 11.851%, (3 mo. SOFR + 6.50%), 4/25/36(1)(2) | 3,200 | 3,023,686 | |
OCP CLO, Ltd.: | |||
Series 2022-24A, Class D, 9.126%, (3 mo. SOFR + 3.80%), 7/20/35(1)(2) | 500 | 490,555 | |
Series 2022-24A, Class E, 12.746%, (3 mo. SOFR + 7.42%), 7/20/35(1)(2) | 1,000 | 967,097 | |
Palmer Square CLO, Ltd.: | |||
Series 2013-2A, Class DRR, 11.42%, (3 mo. SOFR + 6.11%), 10/17/31(1)(2) | 3,000 | 2,744,592 | |
Series 2015-1A, Class DR4, 11.879%, (3 mo. USD LIBOR + 6.50%), 5/21/34(1)(2) | 2,000 | 1,823,652 | |
Series 2018-1A, Class C, 8.072%, (3 mo. SOFR + 2.76%), 4/18/31(1)(2) | 3,000 | 2,925,633 | |
Series 2018-1A, Class D, 10.722%, (3 mo. SOFR + 5.41%), 4/18/31(1)(2) | 2,000 | 1,830,916 | |
Series 2018-2A, Class D, 11.17%, (3 mo. SOFR + 5.86%), 7/16/31(1)(2) | 2,000 | 1,900,430 | |
Series 2021-2A, Class E, 11.92%, (3 mo. SOFR + 6.61%), 7/15/34(1)(2) | 1,000 | 974,396 | |
Series 2022-1A, Class E, 11.676%, (3 mo. SOFR + 6.35%), 4/20/35(1)(2) | 2,000 | 1,912,104 | |
Series 2022-3A, Class E, 13.306%, (3 mo. SOFR + 7.98%), 7/20/35(1)(2) | 2,250 | 2,275,970 | |
RAD CLO 5, Ltd., Series 2019-5A, Class E, 12.307%, (3 mo. SOFR + 6.96%), 7/24/32(1)(2) | 1,250 | 1,186,428 | |
RAD CLO 14, Ltd., Series 2021-14A, Class E, 12.07%, (3 mo. SOFR + 6.76%), 1/15/35(1)(2) | 950 | 911,942 | |
Regatta XIII Funding, Ltd.: | |||
Series 2018-2A, Class C, 8.67%, (3 mo. SOFR + 3.36%), 7/15/31(1)(2) | 2,500 | 2,462,902 | |
Series 2018-2A, Class D, 11.52%, (3 mo. SOFR + 6.21%), 7/15/31(1)(2) | 5,000 | 4,385,045 | |
Regatta XIV Funding, Ltd.: | |||
Series 2018-3A, Class D, 8.813%, (3 mo. SOFR + 3.46%), 10/25/31(1)(2) | 2,500 | 2,446,055 | |
Series 2018-3A, Class E, 11.563%, (3 mo. SOFR + 6.21%), 10/25/31(1)(2) | 2,000 | 1,777,214 | |
Regatta XV Funding, Ltd., Series 2018-4A, Class D, 12.113%, (3 mo. SOFR + 6.76%), 10/25/31(1)(2) | 2,875 | 2,640,943 | |
Symphony CLO, Ltd., Series 2022-37A, Class D1, 10.756%, (3 mo. SOFR + 5.43%), 10/20/34(1)(2) | 2,500 | 2,513,160 | |
Upland CLO, Ltd.: | |||
Series 2016-1A, Class CR, 8.488%, (3 mo. SOFR + 3.16%), 4/20/31(1)(2) | 4,500 | 4,233,190 | |
Series 2016-1A, Class DR, 11.488%, (3 mo. SOFR + 6.16%), 4/20/31(1)(2) | 4,625 | 3,991,495 |
Security | Principal Amount (000's omitted) | Value | |
Vibrant CLO IX, Ltd.: | |||
Series 2018-9A, Class C, 8.788%, (3 mo. SOFR + 3.46%), 7/20/31(1)(2) | $ | 2,500 | $ 2,220,210 |
Series 2018-9A, Class D, 11.838%, (3 mo. SOFR + 6.51%), 7/20/31(1)(2) | 3,500 | 2,636,088 | |
Vibrant CLO X, Ltd.: | |||
Series 2018-10A, Class C, 8.838%, (3 mo. SOFR + 3.51%), 10/20/31(1)(2) | 5,000 | 4,447,525 | |
Series 2018-10A, Class D, 11.778%, (3 mo. SOFR + 6.45%), 10/20/31(1)(2) | 5,000 | 3,754,790 | |
Voya CLO, Ltd.: | |||
Series 2015-3A, Class CR, 8.738%, (3 mo. SOFR + 3.41%), 10/20/31(1)(2) | 2,500 | 2,128,268 | |
Series 2015-3A, Class DR, 11.788%, (3 mo. SOFR + 6.46%), 10/20/31(1)(2) | 5,500 | 4,216,025 | |
Series 2016-3A, Class CR, 8.822%, (3 mo. SOFR + 3.51%), 10/18/31(1)(2) | 2,000 | 1,744,810 | |
Series 2016-3A, Class DR, 11.652%, (3 mo. SOFR + 6.34%), 10/18/31(1)(2) | 2,375 | 1,778,153 | |
Series 2018-2A, Class E, 10.82%, (3 mo. SOFR + 5.51%), 7/15/31(1)(2) | 2,500 | 2,058,745 | |
Webster Park CLO, Ltd.: | |||
Series 2015-1A, Class CR, 8.488%, (3 mo. SOFR + 3.16%), 7/20/30(1)(2) | 2,000 | 1,792,170 | |
Series 2015-1A, Class DR, 11.088%, (3 mo. SOFR + 5.76%), 7/20/30(1)(2) | 2,500 | 2,085,010 | |
Wellfleet CLO, Ltd.: | |||
Series 2021-1A, Class D, 9.088%, (3 mo. SOFR + 3.76%), 4/20/34(1)(2) | 1,200 | 1,112,437 | |
Series 2021-3A, Class E, 12.67%, (3 mo. SOFR + 7.36%), 1/15/35(1)(2) | 950 | 851,255 | |
Series 2022-1A, Class D, 9.448%, (3 mo. SOFR + 4.14%), 4/15/34(1)(2) | 1,000 | 936,528 | |
Series 2022-1A, Class E, 13.168%, (3 mo. SOFR + 7.86%), 4/15/34(1)(2) | 2,000 | 1,840,114 | |
Total Asset-Backed Securities (identified cost $319,971,078) | $ 289,525,658 |
Common Stocks — 0.8% |
Security | Shares | Value | |
Aerospace and Defense — 0.2% | |||
IAP Global Services, LLC(3)(4)(5)(6) | 950 | $ 4,099,972 | |
IAP Global Services, LLC(3)(4)(5) | 1,627 | 7,021,742 | |
$ 11,121,714 | |||
Commercial Services & Supplies — 0.1% | |||
Monitronics International, Inc.(5)(6) | 223,950 | $ 4,702,950 |
3
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Commercial Services & Supplies (continued) | |||
Phoenix Services International, LLC(5)(6) | 168,954 | $ 1,689,540 | |
Phoenix Services International, LLC(5)(6) | 15,415 | 154,150 | |
$ 6,546,640 | |||
Containers and Glass Products — 0.0%(7) | |||
LG Newco Holdco, Inc., Class A(5)(6) | 250,979 | $ 1,807,049 | |
$ 1,807,049 | |||
Electronics/Electrical — 0.0%(7) | |||
Skillsoft Corp.(5)(6) | 893,525 | $ 1,179,453 | |
$ 1,179,453 | |||
Health Care — 0.0% | |||
Akorn Holding Company, LLC, Class A(4)(5)(6) | 705,631 | $ 0 | |
$ 0 | |||
Household Durables — 0.4% | |||
Serta Simmons Bedding, Inc.(5)(6) | 1,348,933 | $ 20,739,845 | |
$ 20,739,845 | |||
Investment Companies — 0.0%(7) | |||
Aegletes B.V.(5)(6) | 116,244 | $ 280,439 | |
Jubilee Topco, Ltd., Class A(4)(5)(6) | 2,897,167 | 0 | |
$ 280,439 | |||
Nonferrous Metals/Minerals — 0.1% | |||
ACNR Holdings, Inc., Class A(5)(6) | 36,829 | $ 3,333,024 | |
$ 3,333,024 | |||
Oil and Gas — 0.0%(7) | |||
AFG Holdings, Inc.(4)(5)(6) | 498,342 | $ 1,390,374 | |
McDermott International, Ltd.(5)(6) | 1,013,850 | 310,948 | |
QuarterNorth Energy, Inc.(6) | 4,707 | 538,951 | |
$ 2,240,273 | |||
Pharmaceuticals — 0.0%(7) | |||
Covis Midco 1 S.a.r.l., Class A(5)(6) | 8,008 | $ 4,084 | |
Covis Midco 1 S.a.r.l., Class B(5)(6) | 8,008 | 4,084 | |
Covis Midco 1 S.a.r.l., Class C(5)(6) | 8,008 | 4,084 | |
Covis Midco 1 S.a.r.l., Class D(5)(6) | 8,008 | 4,084 | |
Covis Midco 1 S.a.r.l., Class E(5)(6) | 8,008 | 4,084 | |
$ 20,420 | |||
Retailers (Except Food and Drug) — 0.0%(7) | |||
David’s Bridal, LLC(4)(5)(6) | 272,023 | $ 0 |
Security | Shares | Value | |
Retailers (Except Food and Drug) (continued) | |||
Phillips Pet Holding Corp.(4)(5)(6) | 2,590 | $ 164,355 | |
$ 164,355 | |||
Telecommunications — 0.0% | |||
Global Eagle Entertainment(4)(5)(6) | 364,650 | $ 0 | |
$ 0 | |||
Utilities — 0.0%(7) | |||
Longview Intermediate Holdings, LLC, Class A(6) | 149,459 | $ 1,206,134 | |
$ 1,206,134 | |||
Total Common Stocks (identified cost $87,114,481) | $ 48,639,346 |
Corporate Bonds — 8.7% |
Security | Principal Amount* (000's omitted) | Value | |
Aerospace and Defense — 0.1% | |||
TransDigm, Inc.: | |||
6.25%, 3/15/26(1) | 1,500 | $ 1,493,274 | |
6.75%, 8/15/28(1) | 3,175 | 3,188,443 | |
$ 4,681,717 | |||
Air Transport — 0.6% | |||
American Airlines, Inc./AAdvantage Loyalty IP, Ltd.: | |||
5.50%, 4/20/26(1) | 15,744 | $ 15,523,134 | |
5.75%, 4/20/29(1) | 12,875 | 12,477,272 | |
United Airlines, Inc.: | |||
4.375%, 4/15/26(1) | 4,625 | 4,383,842 | |
4.625%, 4/15/29(1) | 4,625 | 4,189,144 | |
$ 36,573,392 | |||
Automotive — 0.1% | |||
Adient Global Holdings, Ltd., 7.00%, 4/15/28(1) | 2,175 | $ 2,192,981 | |
Clarios Global, L.P., 6.75%, 5/15/25(1) | 1,890 | 1,896,157 | |
Clarios Global, L.P./Clarios US Finance Co., 6.25%, 5/15/26(1) | 3,893 | 3,893,614 | |
$ 7,982,752 | |||
Building and Development — 0.1% | |||
Cushman & Wakefield U.S. Borrower, LLC, 6.75%, 5/15/28(1) | 7,018 | $ 6,440,451 |
4
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount* (000's omitted) | Value | |
Building and Development (continued) | |||
Winnebago Industries, Inc., 6.25%, 7/15/28(1) | 900 | $ 874,063 | |
$ 7,314,514 | |||
Business Equipment and Services — 0.9% | |||
Allied Universal Holdco, LLC/Allied Universal Finance Corp., 6.625%, 7/15/26(1) | 2,075 | $ 1,983,359 | |
Allied Universal Holdco, LLC/Allied Universal Finance Corp./Atlas Luxco 4 S.a.r.l.: | |||
4.625%, 6/1/28(1) | 12,475 | 10,591,961 | |
4.625%, 6/1/28(1) | 23,725 | 20,191,632 | |
Prime Security Services Borrower, LLC/Prime Finance, Inc.: | |||
5.25%, 4/15/24(1) | 6,320 | 6,262,450 | |
5.75%, 4/15/26(1) | 15,225 | 14,943,848 | |
$ 53,973,250 | |||
Chemicals — 0.4% | |||
Cheever Escrow Issuer, LLC, 7.125%, 10/1/27(1) | 925 | $ 843,286 | |
INEOS Finance PLC, 3.375%, 3/31/26(1) | EUR | 1,250 | 1,287,357 |
INEOS Quattro Finance 2 PLC, 3.375%, 1/15/26(1) | 3,050 | 2,776,987 | |
Olympus Water US Holding Corp.: | |||
4.25%, 10/1/28(1) | 9,350 | 7,503,580 | |
9.75%, 11/15/28(1) | 8,600 | 8,331,250 | |
$ 20,742,460 | |||
Commercial Services — 0.2% | |||
Neptune Bidco U.S., Inc., 9.29%, 4/15/29(1) | 15,300 | $ 14,093,586 | |
$ 14,093,586 | |||
Containers & Packaging — 0.2% | |||
Pactiv Evergreen Group Issuer, Inc./Pactiv Evergreen Group Issuer, LLC: | |||
4.00%, 10/15/27(1) | 5,150 | $ 4,642,957 | |
4.375%, 10/15/28(1) | 9,125 | 8,075,789 | |
$ 12,718,746 | |||
Diversified Financial Services — 0.2% | |||
AG Issuer, LLC, 6.25%, 3/1/28(1) | 8,075 | $ 7,796,711 | |
AG TTMT Escrow Issuer, LLC, 8.625%, 9/30/27(1) | 2,925 | 3,019,007 | |
NFP Corp., 7.50%, 10/1/30(1) | 2,925 | 2,847,776 | |
$ 13,663,494 | |||
Diversified Telecommunication Services — 0.9% | |||
Altice France S.A.: | |||
5.125%, 1/15/29(1) | 1,300 | $ 907,289 |
Security | Principal Amount* (000's omitted) | Value | |
Diversified Telecommunication Services (continued) | |||
Altice France S.A.: (continued) | |||
5.125%, 7/15/29(1) | 42,825 | $ 30,032,115 | |
5.50%, 10/15/29(1) | 6,455 | 4,589,258 | |
Level 3 Financing, Inc., 3.875%, 11/15/29(1) | 11,225 | 9,558,766 | |
Virgin Media Secured Finance PLC, 4.50%, 8/15/30(1) | 6,500 | 5,573,642 | |
Zayo Group Holdings, Inc., 4.00%, 3/1/27(1) | 3,000 | 2,149,233 | |
$ 52,810,303 | |||
Drugs — 0.1% | |||
Jazz Securities DAC, 4.375%, 1/15/29(1) | 9,150 | $ 8,143,626 | |
$ 8,143,626 | |||
Ecological Services and Equipment — 0.1% | |||
GFL Environmental, Inc., 4.25%, 6/1/25(1) | 5,300 | $ 5,145,446 | |
$ 5,145,446 | |||
Electronics/Electrical — 0.4% | |||
GoTo Group, Inc., 5.50%, 9/1/27(1) | 10,760 | $ 6,194,039 | |
Imola Merger Corp., 4.75%, 5/15/29(1) | 18,175 | 15,977,752 | |
$ 22,171,791 | |||
Entertainment — 0.1% | |||
Live Nation Entertainment, Inc., 3.75%, 1/15/28(1) | 2,075 | $ 1,863,889 | |
Six Flags Theme Parks, Inc., 7.00%, 7/1/25(1) | 1,070 | 1,073,577 | |
$ 2,937,466 | |||
Health Care — 0.6% | |||
Medline Borrower, L.P., 3.875%, 4/1/29(1) | 22,800 | $ 19,985,846 | |
RP Escrow Issuer, LLC, 5.25%, 12/15/25(1) | 2,150 | 1,468,486 | |
Tenet Healthcare Corp., 4.25%, 6/1/29 | 15,950 | 14,308,919 | |
$ 35,763,251 | |||
Hotels, Restaurants & Leisure — 0.6% | |||
Carnival Corp., 4.00%, 8/1/28(1) | 34,575 | $ 30,772,026 | |
SeaWorld Parks & Entertainment, Inc., 8.75%, 5/1/25(1) | 2,125 | 2,160,725 | |
$ 32,932,751 | |||
Household Products — 0.2% | |||
Kronos Acquisition Holdings, Inc./KIK Custom Products, Inc., 5.00%, 12/31/26(1) | 11,832 | $ 11,014,535 | |
$ 11,014,535 |
5
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount* (000's omitted) | Value | |
Insurance — 0.0%(7) | |||
Alliant Holdings Intermediate, LLC/Alliant Holdings Co., 4.25%, 10/15/27(1) | 700 | $ 639,419 | |
NFP Corp., 4.875%, 8/15/28(1) | 1,850 | 1,666,467 | |
$ 2,305,886 | |||
Internet Software & Services — 0.3% | |||
Arches Buyer, Inc., 4.25%, 6/1/28(1) | 5,050 | $ 4,398,673 | |
Central Parent, Inc./CDK Global, Inc., 7.25%, 6/15/29(1) | 13,700 | 13,561,409 | |
$ 17,960,082 | |||
Leisure Goods/Activities/Movies — 0.4% | |||
Lindblad Expeditions, LLC, 6.75%, 2/15/27(1) | 3,300 | $ 3,180,128 | |
NCL Corp., Ltd., 5.875%, 2/15/27(1) | 22,000 | 21,444,005 | |
$ 24,624,133 | |||
Machinery — 0.3% | |||
Madison IAQ, LLC, 4.125%, 6/30/28(1) | 13,400 | $ 11,944,713 | |
TK Elevator U.S. Newco, Inc., 5.25%, 7/15/27(1) | 7,150 | 6,693,746 | |
$ 18,638,459 | |||
Media — 0.4% | |||
iHeartCommunications, Inc.: | |||
4.75%, 1/15/28(1) | 2,550 | $ 1,963,402 | |
5.25%, 8/15/27(1) | 2,125 | 1,674,461 | |
6.375%, 5/1/26 | 2,896 | 2,506,193 | |
8.375%, 5/1/27 | 5,248 | 3,596,496 | |
Univision Communications, Inc.: | |||
4.50%, 5/1/29(1) | 9,125 | 7,903,852 | |
7.375%, 6/30/30(1) | 9,150 | 8,914,304 | |
$ 26,558,708 | |||
Oil, Gas & Consumable Fuels — 0.2% | |||
CITGO Petroleum Corporation, 7.00%, 6/15/25(1) | 10,525 | $ 10,409,488 | |
$ 10,409,488 | |||
Professional Services — 0.1% | |||
CoreLogic, Inc., 4.50%, 5/1/28(1) | 5,525 | $ 4,550,887 | |
$ 4,550,887 |
Security | Principal Amount* (000's omitted) | Value | |
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 | $ 5,932,845 | |
$ 5,932,845 | |||
Retail — 0.2% | |||
Fertitta Entertainment, LLC/Fertitta Entertainment Finance Co., Inc., 4.625%, 1/15/29(1) | 15,580 | $ 13,606,719 | |
$ 13,606,719 | |||
Retailers (Except Food and Drug) — 0.0%(7) | |||
PetSmart, Inc./PetSmart Finance Corp., 4.75%, 2/15/28(1) | 1,300 | $ 1,193,336 | |
$ 1,193,336 | |||
Software — 0.3% | |||
Boxer Parent Co., Inc., 7.125%, 10/2/25(1) | 4,225 | $ 4,252,828 | |
Cloud Software Group, Inc., 9.00%, 9/30/29(1) | 13,600 | 12,198,571 | |
$ 16,451,399 | |||
Technology — 0.2% | |||
Clarivate Science Holdings Corp., 3.875%, 7/1/28(1) | 11,400 | $ 10,172,477 | |
$ 10,172,477 | |||
Telecommunications — 0.3% | |||
LCPR Senior Secured Financing DAC, 5.125%, 7/15/29(1) | 9,325 | $ 7,721,098 | |
VMED O2 UK Financing I PLC, 4.25%, 1/31/31(1) | 8,550 | 7,087,677 | |
$ 14,808,775 | |||
Trading Companies & Distributors — 0.0%(7) | |||
American Builders & Contractors Supply Co., Inc., 4.00%, 1/15/28(1) | 2,975 | $ 2,728,892 | |
$ 2,728,892 | |||
Utilities — 0.0%(7) | |||
Calpine Corp., 5.25%, 6/1/26(1) | 1,109 | $ 1,077,921 | |
$ 1,077,921 |
6
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount* (000's omitted) | Value | |
Wireless Telecommunication Services — 0.1% | |||
Digicel International Finance, Ltd./Digicel International Holdings, Ltd., 8.75%, 5/25/24(1) | 6,325 | $ 5,749,678 | |
$ 5,749,678 | |||
Total Corporate Bonds (identified cost $579,060,224) | $ 519,432,765 |
Exchange-Traded Funds — 0.3% |
Security | Shares | Value | |
SPDR Blackstone Senior Loan ETF | 426,000 | $ 17,866,440 | |
Total Exchange-Traded Funds (identified cost $19,593,027) | $ 17,866,440 |
Preferred Stocks — 0.2% |
Security | Shares | Value | |
Financial Services — 0.0% | |||
DBI Investors, Inc., Series A-1(4)(5)(6) | 13,348 | $ 0 | |
$ 0 | |||
Nonferrous Metals/Minerals — 0.2% | |||
ACNR Holdings, Inc., 15.00% (PIK)(5)(6) | 17,394 | $ 9,436,245 | |
$ 9,436,245 | |||
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) | $ 9,436,245 |
Senior Floating-Rate Loans — 79.8%(8) |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Aerospace and Defense — 1.9% | |||
Aernnova Aerospace S.A.U.: | |||
Term Loan, 6.483%, (3 mo. EURIBOR + 3.00%), 2/26/27 | EUR | 4,656 | $ 4,918,897 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Aerospace and Defense (continued) | |||
Aernnova Aerospace S.A.U.: (continued) | |||
Term Loan, 6.587%, (3 mo. EURIBOR + 3.00%), 2/26/27 | EUR | 1,194 | $ 1,261,256 |
AI Convoy (Luxembourg) S.a.r.l., Term Loan, 7.078%, (6 mo. EURIBOR + 3.50%), 1/18/27 | EUR | 3,850 | 4,115,786 |
Dynasty Acquisition Co., Inc.: | |||
Term Loan, 8.919%, (SOFR + 3.50%), 4/6/26 | 17,177 | 17,173,303 | |
Term Loan, 8.919%, (SOFR + 3.50%), 4/6/26 | 9,238 | 9,235,673 | |
IAP Worldwide Services, Inc., Term Loan - Second Lien, 12.038%, (3 mo. USD LIBOR + 6.50%), 7/18/23(4) | 6,709 | 5,358,844 | |
TransDigm, Inc.: | |||
Term Loan, 8.492%, (SOFR + 3.25%), 2/22/27 | 27,613 | 27,695,550 | |
Term Loan, 8.492%, (SOFR + 3.25%), 8/24/28 | 16,083 | 16,117,980 | |
WP CPP Holdings, LLC, Term Loan, 9.27%, (SOFR + 3.75%), 4/30/25 | 27,171 | 25,330,116 | |
$ 111,207,405 | |||
Airlines — 0.5% | |||
American Airlines, Inc., Term Loan, 10.338%, (SOFR + 4.75%), 4/20/28 | 26,244 | $ 27,216,947 | |
$ 27,216,947 | |||
Apparel & Luxury Goods — 0.1% | |||
Hanesbrands, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 3/8/30 | 4,564 | $ 4,567,843 | |
$ 4,567,843 | |||
Auto Components — 1.4% | |||
Adient US, LLC, Term Loan, 8.683%, (SOFR + 3.25%), 4/10/28 | 5,523 | $ 5,537,704 | |
Clarios Global, L.P., Term Loan, 6.815%, (1 mo. EURIBOR + 3.25%), 4/30/26 | EUR | 24,804 | 27,199,360 |
DexKo Global, Inc.: | |||
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 1,012 | 1,048,300 |
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 3,272 | 3,388,015 |
Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 10/4/28 | EUR | 6,291 | 6,515,070 |
Term Loan, 9.254%, (SOFR + 3.75%), 10/4/28 | 13,405 | 12,990,579 | |
Garrett Motion, Inc., Term Loan, 10.131%, (SOFR + 4.50%), 4/30/28 | 8,393 | 8,382,366 | |
LSF12 Badger Bidco, LLC, Term Loan, 7/25/30(9) | 3,100 | 3,041,875 |
7
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Auto Components (continued) | |||
LTI Holdings, Inc., Term Loan, 10.183%, (SOFR + 4.75%), 7/24/26 | 7,062 | $ 6,827,925 | |
Truck Hero, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 1/31/28 | 11,538 | 10,881,301 | |
$ 85,812,495 | |||
Automobiles — 1.0% | |||
Bombardier Recreational Products, Inc., Term Loan, 7.419%, (SOFR + 2.00%), 5/24/27 | 43,273 | $ 43,165,100 | |
MajorDrive Holdings IV, LLC: | |||
Term Loan, 9.50%, (3 mo. USD LIBOR + 4.00%), 6/1/28 | 11,931 | 11,744,777 | |
Term Loan, 6/1/29(9) | 2,146 | 2,129,740 | |
$ 57,039,617 | |||
Beverages — 0.4% | |||
City Brewing Company, LLC, Term Loan, 9.07%, (SOFR + 3.50%), 4/5/28 | 5,766 | $ 3,719,239 | |
Triton Water Holdings, Inc., Term Loan, 8.754%, (SOFR + 3.25%), 3/31/28 | 18,211 | 17,653,299 | |
$ 21,372,538 | |||
Biotechnology — 0.4% | |||
Alkermes, Inc., Term Loan, 7.836%, (SOFR + 2.50%), 3/12/26 | 18,224 | $ 17,905,187 | |
Alltech, Inc., Term Loan, 9.433%, (SOFR + 4.00%), 10/13/28 | 4,748 | 4,617,733 | |
Grifols Worldwide Operations USA, Inc., Term Loan, 7.414%, (SOFR + 2.00%), 11/15/27 | 4,440 | 4,389,285 | |
$ 26,912,205 | |||
Building Products — 0.8% | |||
Cornerstone Building Brands, Inc., Term Loan, 8.572%, (SOFR + 3.25%), 4/12/28 | 11,085 | $ 10,762,398 | |
CPG International, Inc., Term Loan, 7.919%, (SOFR + 2.50%), 4/28/29 | 13,672 | 13,656,307 | |
LHS Borrower, LLC, Term Loan, 10.169%, (SOFR + 4.75%), 2/16/29 | 5,842 | 5,148,321 | |
MI Windows and Doors, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 12/18/27 | 6,561 | 6,575,119 | |
Oscar AcquisitionCo, LLC, Term Loan, 9.842%, (SOFR + 4.50%), 4/29/29 | 1,602 | 1,583,061 | |
Standard Industries, Inc., Term Loan, 7.906%, (SOFR + 2.50%), 9/22/28 | 8,855 | 8,881,222 | |
$ 46,606,428 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Capital Markets — 4.6% | |||
Advisor Group, Inc., Term Loan, 9.933%, (1 mo. USD LIBOR + 4.50%), 7/31/26 | 22,225 | $ 22,274,747 | |
AllSpring Buyer, LLC, Term Loan, 8.754%, (SOFR + 3.25%), 11/1/28 | 6,236 | 6,214,802 | |
Aretec Group, Inc.: | |||
Term Loan, 9.669%, (SOFR + 4.25%), 10/1/25 | 18,323 | 18,351,709 | |
Term Loan, 3/8/30(9) | 8,875 | 8,858,359 | |
CeramTec AcquiCo GmbH, Term Loan, 7.233%, (3 mo. EURIBOR + 3.75%), 3/16/29 | EUR | 12,779 | 13,835,395 |
Citadel Securities, L.P., Term Loan, 7/29/30(9) | 7,625 | 7,582,109 | |
Clipper Acquisitions Corp., Term Loan, 7.005%, (SOFR + 1.75%), 3/3/28 | 11,126 | 11,070,288 | |
Edelman Financial Center, LLC, Term Loan, 9.183%, (SOFR + 3.75%), 4/7/28 | 18,949 | 18,715,284 | |
EIG Management Company, LLC, Term Loan, 9.169%, (SOFR + 3.75%), 2/22/25 | 2,866 | 2,866,188 | |
FinCo I, LLC: | |||
Term Loan, 8.081%, (6 mo. USD LIBOR + 2.50%), 6/27/25 | 18,666 | 18,675,590 | |
Term Loan, 6/27/29(9) | 12,850 | 12,785,750 | |
Focus Financial Partners, LLC: | |||
Term Loan, 7.819%, (SOFR + 2.50%), 6/30/28 | 9,903 | 9,876,518 | |
Term Loan, 8.569%, (SOFR + 3.25%), 6/30/28 | 17,345 | 17,336,140 | |
Term Loan, 6/30/28(9) | 6,400 | 6,407,334 | |
Franklin Square Holdings, L.P., Term Loan, 7.669%, (SOFR + 2.25%), 8/1/25 | 6,215 | 6,218,913 | |
Guggenheim Partners, LLC, Term Loan, 8.492%, (SOFR + 3.25%), 12/12/29 | 19,279 | 19,288,788 | |
Hudson River Trading, LLC, Term Loan, 8.631%, (SOFR + 3.00%), 3/20/28 | 25,637 | 25,194,907 | |
LPL Holdings, Inc., Term Loan, 6.963%, (SOFR + 1.75%), 11/12/26 | 15,826 | 15,858,143 | |
Mariner Wealth Advisors, LLC, Term Loan, 8.747%, (SOFR + 3.25%), 8/18/28 | 13,481 | 13,177,424 | |
Victory Capital Holdings, Inc.: | |||
Term Loan, 7.619%, (SOFR + 2.25%), 7/1/26 | 13,437 | 13,431,616 | |
Term Loan, 7.619%, (SOFR + 2.25%), 12/29/28 | 6,979 | 6,970,035 | |
$ 274,990,039 | |||
Chemicals — 4.5% | |||
Axalta Coating Systems U.S. Holdings, Inc., Term Loan, 8.242%, (SOFR + 3.00%), 12/20/29 | 18,196 | $ 18,260,764 | |
Chemours Company (The), Term Loan, 5.57%, (1 mo. EURIBOR + 2.00%), 4/3/25 | EUR | 2,768 | 3,052,205 |
Colouroz Investment 1 GmbH: | |||
Term Loan, 6.673%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 2,512 | 1,875,720 |
8
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Chemicals (continued) | |||
Colouroz Investment 1 GmbH: (continued) | |||
Term Loan, 6.674%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 27 | $ 20,294 |
CPC Acquisition Corp., Term Loan, 9.254%, (SOFR + 3.75%), 12/29/27 | 14,714 | 11,651,551 | |
Flint Group GmbH: | |||
Term Loan, 6.674%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 276 | 205,879 |
Term Loan, 6.674%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 32 | 23,782 |
Term Loan, 6.674%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 144 | 107,294 |
Term Loan, 7.829%, (3 mo. EURIBOR + 4.25%), 9/21/23 | EUR | 73 | 54,151 |
Term Loan, 9.816%, (3 mo. USD LIBOR + 5.00%), 9.066% cash, 0.75% PIK, 9/21/23 | 1,391 | 943,350 | |
Flint Group US, LLC, Term Loan, 9.857%, (3 mo. USD LIBOR + 4.25%), 9/21/23(10) | 8,412 | 5,706,466 | |
Gemini HDPE, LLC, Term Loan, 8.631%, (SOFR + 3.00%), 12/31/27 | 4,743 | 4,751,644 | |
GEON Performance Solutions, LLC, Term Loan, 10.038%, (3 mo. USD LIBOR + 4.50%), 8/18/28 | 5,675 | 5,649,834 | |
Groupe Solmax, Inc., Term Loan, 10.221%, (SOFR + 4.75%), 5/29/28(10) | 9,416 | 8,943,490 | |
INEOS Enterprises Holdings II Limited, Term Loan, 6.712%, (3 mo. EURIBOR + 3.25%), 8/31/26 | EUR | 1,975 | 2,148,893 |
INEOS Enterprises Holdings US Finco, LLC, Term Loan, 9.127%, (SOFR + 3.75%), 6/23/30 | 4,925 | 4,898,321 | |
INEOS Finance PLC, Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 11/8/28 | EUR | 8,900 | 9,516,451 |
INEOS Quattro Holdings UK, Ltd.: | |||
Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 1/29/26 | EUR | 23,150 | 24,769,373 |
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 3/14/30 | EUR | 3,300 | 3,578,461 |
Term Loan, 9.169%, (SOFR + 3.75%), 3/14/30 | 5,000 | 4,953,125 | |
INEOS Styrolution US Holding, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 1/29/26 | 8,293 | 8,241,197 | |
INEOS US Finance, LLC: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 11/8/27 | EUR | 6,200 | 6,745,785 |
Term Loan, 7.919%, (SOFR + 2.50%), 11/8/28 | 6,168 | 6,073,378 | |
Term Loan, 8.919%, (SOFR + 3.50%), 2/18/30 | 20,704 | 20,506,542 | |
Term Loan, 9.169%, (SOFR + 3.75%), 11/8/27 | 2,643 | 2,621,348 | |
Kraton Corporation, Term Loan, 8.766%, (SOFR + 3.25%), 3/15/29 | 5,629 | 5,635,786 | |
Kraton Polymers Holdings B.V., Term Loan, 6.813%, (3 mo. EURIBOR + 3.25%), 3/15/29 | EUR | 4,250 | 4,542,424 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Chemicals (continued) | |||
Lonza Group AG: | |||
Term Loan, 7.523%, (3 mo. EURIBOR + 3.93%), 7/3/28 | EUR | 4,600 | $ 4,339,351 |
Term Loan, 9.267%, (SOFR + 3.93%), 7/3/28 | 10,793 | 9,273,181 | |
Messer Industries GmbH: | |||
Term Loan, 6.098%, (3 mo. EURIBOR + 2.50%), 3/2/26 | EUR | 1,554 | 1,711,221 |
Term Loan, 8.004%, (SOFR + 2.50%), 3/2/26 | 8,405 | 8,409,419 | |
Momentive Performance Materials, Inc., Term Loan, 9.819%, (SOFR + 4.50%), 3/29/28 | 16,501 | 16,336,176 | |
Olympus Water US Holding Corporation: | |||
Term Loan, 9.254%, (SOFR + 3.75%), 11/9/28 | 3,957 | 3,800,659 | |
Term Loan, 9.842%, (SOFR + 4.50%), 11/9/28 | 5,357 | 5,219,909 | |
Orion Engineered Carbons GmbH: | |||
Term Loan, 5.998%, (3 mo. EURIBOR + 2.40%), 9/24/28 | EUR | 1,250 | 1,360,632 |
Term Loan, 7.688%, (3 mo. USD LIBOR + 2.15%), 9/24/28 | 4,446 | 4,405,524 | |
PQ Corporation, Term Loan, 7.969%, (SOFR + 2.50%), 6/9/28 | 8,690 | 8,664,174 | |
Rohm Holding GmbH: | |||
Term Loan, 10.881%, (1 mo. USD LIBOR + 5.00%), 7/31/26 | 11,919 | 11,248,892 | |
Term Loan, 7/31/26(9) | EUR | 1,000 | 1,021,986 |
SCUR-Alpha 1503 GmbH, Term Loan, 10.869%, (SOFR + 5.50%), 3/28/30 | 5,536 | 5,183,197 | |
Spectrum Holdings III Corp., Term Loan, 8.831%, (3 mo. USD LIBOR + 3.25%), 1/31/25 | 5,487 | 5,475,011 | |
Tronox Finance, LLC: | |||
Term Loan, 7.683%, (SOFR + 2.25%), 3/10/28 | 11,570 | 11,391,998 | |
Term Loan, 8.492%, (SOFR + 3.25%), 4/4/29 | 3,629 | 3,615,453 | |
$ 266,934,291 | |||
Commercial Services & Supplies — 1.5% | |||
Asplundh Tree Expert, LLC, Term Loan, 7.169%, (SOFR + 1.75%), 9/7/27 | 8,218 | $ 8,219,827 | |
Belfor Holdings, Inc., Term Loan, 9.569%, (SOFR + 4.25%), 4/6/26 | 2,594 | 2,597,164 | |
EnergySolutions, LLC, Term Loan, 9.288%, (3 mo. USD LIBOR + 3.75%), 5/9/25 | 16,309 | 16,254,210 | |
Foundever, Term Loan, 7.32%, (1 mo. EURIBOR + 3.75%), 8/28/28 | EUR | 6,425 | 6,974,220 |
GFL Environmental, Inc., Term Loan, 8.469%, (SOFR + 3.00%), 5/31/27 | 4,280 | 4,292,264 | |
Harsco Corporation, Term Loan, 7.683%, (SOFR + 2.25%), 3/10/28 | 887 | 882,703 | |
Monitronics International, Inc., Term Loan, 13.004%, (SOFR + 7.50%), 6/30/28 | 12,374 | 12,435,388 |
9
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Commercial Services & Supplies (continued) | |||
Phoenix Services International, LLC, Term Loan, 11.419%, (SOFR + 6.10%), 6/30/28 | 2,016 | $ 1,894,976 | |
Prime Security Services Borrower, LLC, Term Loan, 7.978%, (SOFR + 2.75%), 9/23/26 | 13,404 | 13,401,671 | |
SITEL Worldwide Corporation, Term Loan, 9.183%, (SOFR + 3.75%), 8/28/28 | 13,986 | 13,870,668 | |
Tempo Acquisition, LLC, Term Loan, 8.319%, (SOFR + 3.00%), 8/31/28 | 2,469 | 2,476,606 | |
TMF Group Holding B.V., Term Loan, 10.168%, (SOFR + 5.00%), 5/3/28 | 4,650 | 4,657,263 | |
TruGreen Limited Partnership, Term Loan, 9.419%, (SOFR + 4.00%), 11/2/27 | 3,998 | 3,731,419 | |
$ 91,688,379 | |||
Communications Equipment — 0.1% | |||
Digi International, Inc., Term Loan, 10.433%, (SOFR + 5.00%), 11/1/28 | 4,318 | $ 4,323,344 | |
$ 4,323,344 | |||
Construction Materials — 0.4% | |||
Janus International Group, LLC, Term Loan, 7/25/30(9) | 2,525 | $ 2,525,000 | |
Quikrete Holdings, Inc.: | |||
Term Loan, 8.058%, (SOFR + 2.63%), 2/1/27 | 2,741 | 2,742,645 | |
Term Loan, 8.433%, (SOFR + 3.00%), 3/18/29 | 19,062 | 19,109,640 | |
$ 24,377,285 | |||
Consumer Staples Distribution & Retail — 0.2% | |||
Cardenas Markets, Inc., Term Loan, 12.092%, (SOFR + 6.75%), 8/1/29 | 4,165 | $ 4,147,852 | |
Peer Holding III B.V., Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 9/29/28 | EUR | 5,725 | 6,298,574 |
$ 10,446,426 | |||
Containers & Packaging — 1.0% | |||
Berlin Packaging, LLC, Term Loan, 8.976%, (USD LIBOR + 3.75%), 3/11/28(10) | 2,909 | $ 2,892,410 | |
Kouti B.V., Term Loan, 6.908%, (3 mo. EURIBOR + 3.43%), 8/31/28 | EUR | 29,250 | 31,185,541 |
Pregis TopCo Corporation: | |||
Term Loan, 9.069%, (SOFR + 3.75%), 7/31/26 | 1,969 | 1,966,156 | |
Term Loan, 9.183%, (SOFR + 3.75%), 7/31/26 | 1,351 | 1,347,560 | |
Pretium PKG Holdings, Inc.: | |||
Term Loan, 9.526%, (SOFR + 4.00%), 10/2/28(10) | 7,067 | 4,805,815 | |
Term Loan - Second Lien, 12.272%, (3 mo. USD LIBOR + 6.75%), 10/1/29(10) | 6,675 | 3,554,437 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Containers & Packaging (continued) | |||
Proampac PG Borrower, LLC, Term Loan, 9.303%, (SOFR + 3.75%), 11/3/25 | 10,949 | $ 10,919,037 | |
Trident TPI Holdings, Inc., Term Loan, 9.538%, (3 mo. USD LIBOR + 4.00%), 9/15/28 | 5,676 | 5,647,058 | |
$ 62,318,014 | |||
Distributors — 0.4% | |||
Autokiniton US Holdings, Inc., Term Loan, 9.933%, (SOFR + 4.50%), 4/6/28 | 20,631 | $ 20,656,389 | |
Phillips Feed Service, Inc., Term Loan, 12.405%, (SOFR + 7.00%), 11/13/24(4) | 472 | 377,469 | |
Winterfell Financing S.a.r.l., Term Loan, 8.312%, (3 mo. EURIBOR + 5.00%), 5/4/28 | EUR | 2,000 | 2,123,960 |
$ 23,157,818 | |||
Diversified Consumer Services — 0.6% | |||
Ascend Learning, LLC, Term Loan, 8.919%, (SOFR + 3.50%), 12/11/28 | 11,321 | $ 10,698,436 | |
FrontDoor, Inc., Term Loan, 7.683%, (SOFR + 2.25%), 6/17/28 | 858 | 848,925 | |
KUEHG Corp., Term Loan, 10.242%, (SOFR + 5.00%), 6/12/30 | 13,725 | 13,673,531 | |
Sotheby's, Term Loan, 10.07%, (SOFR + 4.50%), 1/15/27 | 10,820 | 10,598,822 | |
$ 35,819,714 | |||
Diversified Financial Services — 0.2% | |||
Concorde Midco, Ltd., Term Loan, 7.892%, (6 mo. EURIBOR + 4.00%), 3/1/28 | EUR | 8,730 | $ 9,418,664 |
$ 9,418,664 | |||
Diversified Telecommunication Services — 0.9% | |||
CenturyLink, Inc., Term Loan, 7.683%, (SOFR + 2.25%), 3/15/27 | 22,873 | $ 16,068,388 | |
GEE Holdings 2, LLC: | |||
Term Loan, 13.54%, (3 mo. USD LIBOR + 8.00%), 3/24/25 | 9,639 | 9,446,335 | |
Term Loan - Second Lien, 13.79%, (3 mo. USD LIBOR + 8.25%), 3/23/26 | 7,100 | 4,348,827 | |
Level 3 Financing, Inc., Term Loan, 7.183%, (SOFR + 1.75%), 3/1/27 | 851 | 802,608 | |
Telenet Financing USD, LLC, Term Loan, 7.336%, (SOFR + 2.00%), 4/30/28 | 10,450 | 10,151,736 | |
Virgin Media Bristol, LLC, Term Loan, 7.836%, (SOFR + 2.50%), 1/31/28 | 9,638 | 9,398,972 | |
Virgin Media SFA Finance Limited: | |||
Term Loan, 8.213%, (SONIA + 3.25%), 1/15/27 | GBP | 2,175 | 2,692,426 |
10
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Diversified Telecommunication Services (continued) | |||
Virgin Media SFA Finance Limited: (continued) | |||
Term Loan, 8.213%, (SONIA + 3.25%), 11/15/27 | GBP | 600 | $ 738,728 |
$ 53,648,020 | |||
Electrical Equipment — 0.0%(7) | |||
Brookfield WEC Holdings, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 8/1/25 | 1,525 | $ 1,524,411 | |
$ 1,524,411 | |||
Electronic Equipment, Instruments & Components — 0.9% | |||
Creation Technologies, Inc., Term Loan, 11.012%, (SOFR + 5.50%), 10/5/28 | 12,849 | $ 12,270,502 | |
II-VI Incorporated, Term Loan, 8.183%, (SOFR+ 2.75%), 7/2/29 | 401 | 401,436 | |
Minimax Viking GmbH, Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 7/31/25 | EUR | 1,837 | 2,028,315 |
Mirion Technologies, Inc., Term Loan, 8.254%, (SOFR + 2.75%), 10/20/28 | 1,722 | 1,723,262 | |
Robertshaw US Holding Corp.: | |||
Term Loan, 13.342%, (SOFR + 8.00%), 8.342% cash, 5.00% PIK, 2/28/27 | 3,940 | 4,019,182 | |
Term Loan - Second Lien, 12.342%, (SOFR + 7.00%), 2/28/27 | 16,854 | 14,746,954 | |
TTM Technologies, Inc., Term Loan, 7.863%, (SOFR + 2.75%), 5/30/30 | 5,225 | 5,231,531 | |
Verifone Systems, Inc., Term Loan, 9.476%, (3 mo. USD LIBOR + 4.00%), 8/20/25 | 14,655 | 13,874,609 | |
$ 54,295,791 | |||
Energy Equipment & Services — 0.6% | |||
Ameriforge Group, Inc.: | |||
Term Loan, 20.50%, (USD Prime + 12.00%), 15.50% cash, 5.00% PIK, 2/1/26(4) | 25,052 | $ 22,546,931 | |
Term Loan, 20.50%, (USD Prime + 12.00%), 15.50% cash, 5.00% PIK, 2/1/26(4)(11) | 3,195 | 2,875,285 | |
Lealand Finance Company B.V.: | |||
Letter of Credit, 4.211%, 6/28/24(11) | 9,039 | 6,734,330 | |
Term Loan, 9.319%, (SOFR + 4.00%), 6.319% cash, 3.00% PIK, 6/30/25 | 2,499 | 1,474,366 | |
$ 33,630,912 | |||
Engineering & Construction — 0.8% | |||
Aegion Corporation, Term Loan, 10.183%, (SOFR + 4.75%), 5/17/28 | 15,797 | $ 15,579,800 | |
American Residential Services, LLC, Term Loan, 9.004%, (SOFR + 3.50%), 10/15/27 | 498 | 495,871 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Engineering & Construction (continued) | |||
APi Group DE, Inc., Term Loan, 7.933%, (SOFR + 2.50%), 10/1/26 | 10,603 | $ 10,630,214 | |
Centuri Group, Inc., Term Loan, 7.805%, (SOFR + 2.50%), 8/27/28 | 8,318 | 8,317,725 | |
Northstar Group Services, Inc.: | |||
Term Loan, 10.836%, (SOFR + 5.50%), 11/12/26 | 1,975 | 1,975,000 | |
Term Loan, 10.933%, (SOFR + 5.50%), 11/12/26 | 10,892 | 10,898,826 | |
$ 47,897,436 | |||
Entertainment — 1.3% | |||
AMC Entertainment Holdings, Inc., Term Loan, 8.202%, (1 mo. USD LIBOR + 3.00%), 4/22/26 | 6,001 | $ 4,699,141 | |
City Football Group Limited, Term Loan, 8.406%, (SOFR + 3.00%), 7/21/28 | 8,249 | 8,150,996 | |
Crown Finance US, Inc., DIP Loan, 15.348%, (SOFR + 10.00%), 9/7/23 | 8,050 | 8,145,906 | |
Formula One Holdings Limited, Term Loan, 8.319%, (SOFR + 3.00%), 1/15/30 | 2,500 | 2,505,580 | |
Live Nation Entertainment, Inc., Term Loan, 7.114%, (SOFR + 1.75%), 10/19/26 | 5,585 | 5,582,410 | |
Playtika Holding Corp., Term Loan, 8.183%, (SOFR + 2.75%), 3/13/28 | 24,590 | 24,536,913 | |
Renaissance Holding Corp.: | |||
Term Loan, 9.992%, (SOFR + 4.75%), 4/5/30 | 11,025 | 10,990,547 | |
Term Loan - Second Lien, 12.419%, (SOFR + 7.00%), 5/29/26 | 3,175 | 3,156,744 | |
UFC Holdings, LLC, Term Loan, 8.369%, (SOFR + 2.75%), 4/29/26 | 7,222 | 7,222,327 | |
Vue International Bidco PLC: | |||
Term Loan, 11.086%, (6 mo. EURIBOR + 8.00%), 6/30/27 | EUR | 434 | 444,120 |
Term Loan, 11.359%, (6 mo. EURIBOR + 8.00%), 4.859% cash, 6.50% PIK, 12/31/27 | EUR | 2,934 | 1,712,306 |
$ 77,146,990 | |||
Equity Real Estate Investment Trusts (REITs) — 0.1% | |||
Iron Mountain, Inc., Term Loan, 7.183%, (1 mo. USD LIBOR + 1.75%), 1/2/26 | 3,644 | $ 3,637,832 | |
$ 3,637,832 | |||
Financial Services — 0.2% | |||
Ditech Holding Corporation, Term Loan, 0.00%, 6/30/24(12) | 18,244 | $ 2,006,820 | |
Walker & Dunlop, Inc., Term Loan, 7.669%, (SOFR + 2.25%), 12/16/28 | 12,854 | 12,765,877 | |
$ 14,772,697 |
11
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Food Products — 0.9% | |||
8th Avenue Food & Provisions, Inc., Term Loan, 10.183%, (SOFR + 4.75%), 10/1/25 | 6,558 | $ 6,137,368 | |
Badger Buyer Corp., Term Loan, 8.933%, (SOFR + 3.50%), 9/30/24 | 4,788 | 3,662,762 | |
Del Monte Foods, Inc., Term Loan, 9.655%, (SOFR + 4.25%), 5/16/29 | 6,278 | 6,097,867 | |
Froneri International, Ltd.: | |||
Term Loan, 6.097%, (6 mo. EURIBOR + 2.13%), 1/29/27 | EUR | 1,500 | 1,626,059 |
Term Loan, 7.669%, (SOFR + 2.25%), 1/29/27 | 4,703 | 4,692,426 | |
Nomad Foods Europe Midco Limited, Term Loan, 8.561%, (SOFR + 3.75%), 11/12/29 | 8,033 | 8,053,322 | |
Sovos Brands Intermediate, Inc., Term Loan, 9.131%, (SOFR + 3.50%), 6/8/28 | 4,259 | 4,258,690 | |
United Petfood Group B.V., Term Loan, 6.466%, (3 mo. EURIBOR + 2.75%), 4/23/28 | EUR | 8,400 | 9,051,087 |
Valeo F1 Company Limited (Ireland): | |||
Term Loan, 7.239%, (6 mo. EURIBOR + 4.00%), 9/29/28 | EUR | 8,550 | 7,957,716 |
Term Loan, 8.927%, (SONIA + 5.00%), 6/28/28 | GBP | 2,500 | 2,533,011 |
$ 54,070,308 | |||
Gas Utilities — 0.4% | |||
CQP Holdco, L.P., Term Loan, 8.919%, (SOFR + 3.50%), 6/5/28 | 22,186 | $ 22,213,900 | |
$ 22,213,900 | |||
Health Care Equipment & Supplies — 1.1% | |||
Artivion, Inc., Term Loan, 9.004%, (SOFR + 3.50%), 6/1/27 | 6,660 | $ 6,427,127 | |
Bayou Intermediate II, LLC, Term Loan, 9.689%, (SOFR + 4.50%), 8/2/28 | 6,678 | 6,427,672 | |
Gloves Buyer, Inc., Term Loan, 9.433%, (SOFR + 4.00%), 12/29/27 | 12,153 | 11,621,207 | |
ICU Medical, Inc., Term Loan, 7.892%, (SOFR + 2.50%), 1/8/29 | 7,382 | 7,395,403 | |
Journey Personal Care Corp., Term Loan, 9.981%, (6 mo. USD LIBOR + 4.25%), 3/1/28 | 28,329 | 25,088,938 | |
Medline Borrower, L.P., Term Loan, 8.683%, (SOFR + 3.25%), 10/23/28 | 8,635 | 8,559,317 | |
$ 65,519,664 | |||
Health Care Providers & Services — 4.1% | |||
AEA International Holdings (Lux) S.a.r.l., Term Loan, 9.254%, (SOFR + 3.75%), 9/7/28 | 13,716 | $ 13,715,816 | |
BW NHHC Holdco, Inc., Term Loan - Second Lien, 13.24%, (SOFR + 8.00%), 10.99% cash, 2.25% PIK, 1/15/26 | 13,814 | 10,498,434 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Health Care Providers & Services (continued) | |||
Cano Health, LLC, Term Loan, 9.419%, (SOFR + 4.00%), 11/23/27 | 7,245 | $ 6,176,431 | |
CCRR Parent, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 3/6/28 | 4,721 | 4,656,068 | |
Cerba Healthcare S.A.S.: | |||
Term Loan, 7.265%, (1 mo. EURIBOR + 3.70%), 6/30/28 | EUR | 18,925 | 20,227,147 |
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 2/15/29 | EUR | 8,225 | 8,826,349 |
Covis Finco S.a.r.l., Term Loan, 11.55%, (SOFR + 6.50%), 2/18/27 | 9,922 | 7,143,656 | |
Dedalus Finance GmbH, Term Loan, 7.712%, (6 mo. EURIBOR + 3.75%), 7/17/27 | EUR | 3,350 | 3,348,144 |
Elsan S.A.S., Term Loan, 6.872%, (3 mo. EURIBOR + 3.35%), 6/16/28 | EUR | 4,100 | 4,441,942 |
Ensemble RCM, LLC, Term Loan, 9.219%, (SOFR + 3.75%), 8/3/26 | 4,265 | 4,266,622 | |
Envision Healthcare Corporation: | |||
Term Loan, 0.00%, 3/31/27(12) | 5,436 | 6,183,384 | |
Term Loan - Second Lien, 0.00%, 3/31/27(12) | 38,369 | 9,400,492 | |
IVC Acquisition, Ltd., Term Loan, 7.687%, (6 mo. EURIBOR + 4.00%), 2/13/26 | EUR | 4,100 | 4,505,603 |
Medical Solutions Holdings, Inc.: | |||
Term Loan, 8.614%, (SOFR + 3.25%), 11/1/28 | 13,779 | 13,237,925 | |
Term Loan - Second Lien, 12.364%, (SOFR + 7.00%), 11/1/29 | 9,500 | 8,502,500 | |
Mehilainen Yhtiot Oy, Term Loan, 7.123%, (3 mo. EURIBOR + 3.53%), 8/8/25 | EUR | 6,025 | 6,632,770 |
Midwest Physician Administrative Services, LLC, Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 3/12/28 | 1,413 | 1,265,020 | |
National Mentor Holdings, Inc.: | |||
Term Loan, 9.092%, (SOFR + 3.75%), 3/2/28 | 334 | 266,308 | |
Term Loan, 9.153%, (SOFR + 3.75%), 3/2/28(10) | 12,283 | 9,801,773 | |
Term Loan - Second Lien, 12.592%, (SOFR + 7.25%), 3/2/29 | 5,525 | 2,790,125 | |
Phoenix Guarantor, Inc.: | |||
Term Loan, 8.683%, (SOFR + 3.25%), 3/5/26 | 16,277 | 16,190,286 | |
Term Loan, 8.933%, (SOFR + 3.50%), 3/5/26 | 5,375 | 5,346,464 | |
Radiology Partners, Inc., Term Loan, 9.601%, (SOFR + 4.25%), 7/9/25 | 16,962 | 12,504,207 | |
Ramsay Generale de Sante S.A., Term Loan, 6.648%, (3 mo. EURIBOR + 2.95%), 4/22/27 | EUR | 6,600 | 7,258,517 |
Select Medical Corporation, Term Loan, 8.319%, (SOFR + 3.00%), 3/6/27 | 45,148 | 45,147,588 | |
Sound Inpatient Physicians: | |||
Term Loan, 8.631%, (SOFR + 3.00%), 6/27/25 | 198 | 115,587 | |
Term Loan, 8.631%, (SOFR + 3.00%), 6/27/25 | 2,328 | 1,303,400 |
12
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Health Care Providers & Services (continued) | |||
Synlab Bondco PLC, Term Loan, 6.392%, (6 mo. EURIBOR + 2.50%), 7/1/27 | EUR | 2,125 | $ 2,332,892 |
TTF Holdings, LLC, Term Loan, 9.433%, (SOFR + 4.00%), 3/31/28 | 5,083 | 5,095,300 | |
U.S. Anesthesia Partners, Inc., Term Loan, 9.478%, (SOFR + 4.25%), 10/1/28 | 5,031 | 4,740,503 | |
$ 245,921,253 | |||
Health Care Technology — 0.9% | |||
Certara, L.P., Term Loan, 8.976%, (1 mo. USD LIBOR + 3.50%), 8/15/26 | 1,813 | $ 1,817,532 | |
Imprivata, Inc.: | |||
Term Loan, 9.183%, (SOFR + 3.75%), 12/1/27 | 11,233 | 11,101,275 | |
Term Loan, 9.569%, (SOFR + 4.25%), 12/1/27 | 3,267 | 3,245,356 | |
MedAssets Software Intermediate Holdings, Inc.: | |||
Term Loan, 9.433%, (SOFR + 4.00%), 12/18/28 | 16,269 | 13,584,667 | |
Term Loan - Second Lien, 12.569%, (SOFR + 6.75%), 12/17/29 | 8,775 | 6,032,813 | |
Symplr Software, Inc., Term Loan, 9.969%, (SOFR + 4.50%), 12/22/27 | 10,955 | 9,914,346 | |
Verscend Holding Corp., Term Loan, 9.433%, (SOFR + 4.00%), 8/27/25 | 9,975 | 9,982,574 | |
$ 55,678,563 | |||
Hotels, Restaurants & Leisure — 3.5% | |||
1011778 B.C. Unlimited Liability Company, Term Loan, 7.183%, (1 mo. USD LIBOR + 1.75%), 11/19/26 | 21,466 | $ 21,366,061 | |
Carnival Corporation: | |||
Term Loan, 7.315%, (1 mo. EURIBOR + 3.75%), 6/30/25 | EUR | 8,812 | 9,714,757 |
Term Loan, 8.683%, (SOFR + 3.25%), 10/18/28 | 34,500 | 34,456,501 | |
ClubCorp Holdings, Inc., Term Loan, 8.288%, (3 mo. USD LIBOR + 2.75%), 9/18/24 | 20,992 | 20,538,856 | |
GVC Holdings (Gibraltar) Limited, Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 6/30/28 | EUR | 21,225 | 23,332,718 |
Ontario Gaming GTA L.P., Term Loan, 8/1/30(9) | 14,925 | 14,940,552 | |
Oravel Stays Singapore Pte., Ltd., Term Loan, 13.79%, (3 mo. USD LIBOR + 8.25%), 6/23/26 | 5,366 | 4,614,330 | |
Playa Resorts Holding B.V., Term Loan, 9.472%, (SOFR + 4.25%), 1/5/29 | 17,960 | 17,952,602 | |
Scientific Games International, Inc., Term Loan, 8.302%, (SOFR + 3.00%), 4/14/29 | 7,425 | 7,423,671 | |
SeaWorld Parks & Entertainment, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 8/25/28 | 14,861 | 14,881,703 | |
Stars Group Holdings B.V. (The): | |||
Term Loan, 6.098%, (3 mo. EURIBOR + 2.50%), 7/21/26 | EUR | 11,225 | 12,329,550 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Hotels, Restaurants & Leisure (continued) | |||
Stars Group Holdings B.V. (The): (continued) | |||
Term Loan, 7.754%, (SOFR + 2.25%), 7/21/26 | 28,123 | $ 28,139,236 | |
$ 209,690,537 | |||
Household Durables — 1.1% | |||
ACProducts, Inc., Term Loan, 9.754%, (SOFR + 4.25%), 5/17/28 | 18,620 | $ 16,036,475 | |
Libbey Glass, Inc., Term Loan, 13.779%, (SOFR + 8.50%), 9.029% cash, 4.75% PIK, 11/22/27 | 14,441 | 13,469,368 | |
Serta Simmons Bedding, LLC, Term Loan, 12.739%, (SOFR + 7.50%), 6/29/28 | 19,908 | 20,007,042 | |
Solis IV B.V., Term Loan, 8.666%, (SOFR + 3.50%), 2/26/29 | 13,753 | 13,137,137 | |
$ 62,650,022 | |||
Household Products — 0.5% | |||
Energizer Holdings, Inc., Term Loan, 7.656%, (SOFR + 2.25%), 12/22/27 | 6,387 | $ 6,393,152 | |
Kronos Acquisition Holdings, Inc.: | |||
Term Loan, 9.254%, (3 mo. USD LIBOR + 3.75%), 12/22/26 | 8,006 | 7,866,119 | |
Term Loan, 11.375%, (SOFR + 6.00%), 12/22/26 | 5,073 | 5,022,023 | |
Nobel Bidco B.V., Term Loan, 7.27%, (6 mo. EURIBOR + 3.50%), 9/1/28 | EUR | 7,950 | 8,160,571 |
$ 27,441,865 | |||
Independent Power and Renewable Electricity Producers — 0.1% | |||
Calpine Corporation: | |||
Term Loan, 7.433%, (SOFR + 2.00%), 4/5/26 | 2,307 | $ 2,308,278 | |
Term Loan, 7.933%, (SOFR + 2.50%), 12/16/27 | 6,144 | 6,146,677 | |
$ 8,454,955 | |||
Industrial Conglomerates — 0.4% | |||
Ammeraal Beltech Holding B.V., Term Loan, 12/29/28(9) | EUR | 8,225 | $ 8,889,653 |
Rain Carbon GmbH, Term Loan, 6.712%, (6 mo. EURIBOR + 2.75%), 1/16/25 | EUR | 15,625 | 17,126,007 |
$ 26,015,660 | |||
Insurance — 1.1% | |||
Alliant Holdings Intermediate, LLC: | |||
Term Loan, 8.722%, (SOFR + 3.50%), 11/5/27 | 3,768 | $ 3,765,013 | |
Term Loan, 8.92%, (1 mo. USD LIBOR + 3.50%), 11/6/27 | 13,198 | 13,184,743 | |
AssuredPartners, Inc.: | |||
Term Loan, 8.819%, (SOFR + 3.50%), 2/12/27 | 5,308 | 5,283,933 |
13
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Insurance (continued) | |||
AssuredPartners, Inc.: (continued) | |||
Term Loan, 8.933%, (SOFR + 3.50%), 2/12/27 | 9,835 | $ 9,788,268 | |
Financiere CEP S.A.S., Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 6/18/27 | EUR | 4,125 | 4,526,935 |
HUB International Limited, Term Loan, 9.584%, (SOFR + 4.25%), 6/20/30 | 11,372 | 11,431,724 | |
NFP Corp., Term Loan, 8.683%, (SOFR + 3.25%), 2/15/27 | 17,168 | 16,879,413 | |
$ 64,860,029 | |||
Interactive Media & Services — 0.7% | |||
Adevinta ASA: | |||
Term Loan, 6.348%, (3 mo. EURIBOR + 2.75%), 6/26/28 | EUR | 5,697 | $ 6,280,782 |
Term Loan, 8.288%, (3 mo. USD LIBOR + 2.75%), 6/26/28 | 1,602 | 1,605,078 | |
Buzz Finco, LLC: | |||
Term Loan, 8.169%, (SOFR + 2.75%), 1/29/27 | 1,966 | 1,965,231 | |
Term Loan, 8.669%, (SOFR + 3.25%), 1/29/27 | 435 | 435,601 | |
Foundational Education Group, Inc., Term Loan, 9.881%, (SOFR + 4.25%), 8/31/28 | 5,149 | 4,737,115 | |
Getty Images, Inc.: | |||
Term Loan, 8.625%, (3 mo. EURIBOR + 5.00%), 2/19/26 | EUR | 2,224 | 2,442,720 |
Term Loan, 9.844%, (SOFR + 4.50%), 2/19/26(10) | 15,346 | 15,379,560 | |
Match Group, Inc., Term Loan, 7.264%, (3 mo. USD LIBOR + 1.75%), 2/13/27 | 6,450 | 6,441,938 | |
$ 39,288,025 | |||
IT Services — 4.6% | |||
Asurion, LLC: | |||
Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 12/23/26 | 545 | $ 531,621 | |
Term Loan, 8.788%, (3 mo. USD LIBOR + 3.25%), 7/31/27 | 8,953 | 8,579,671 | |
Term Loan, 9.419%, (SOFR + 4.00%), 8/19/28 | 9,082 | 8,722,547 | |
Term Loan, 9.669%, (SOFR + 4.25%), 8/19/28 | 7,118 | 6,844,260 | |
Term Loan - Second Lien, 10.683%, (SOFR + 5.25%), 1/31/28 | 15,790 | 14,099,159 | |
Term Loan - Second Lien, 10.683%, (SOFR + 5.25%), 1/20/29 | 2,375 | 2,085,758 | |
Cyxtera DC Holdings, Inc.: | |||
DIP Loan, 13.76%, (SOFR + 8.50%), 12/7/23 | 10,196 | 10,196,111 | |
Term Loan, 8.326%, (SOFR + 3.00%), 5/1/24 | 27,147 | 14,783,962 | |
Term Loan, 9.613%, (3 mo. USD LIBOR + 4.00%), 5/1/24 | 9,711 | 5,486,769 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
IT Services (continued) | |||
Endure Digital, Inc., Term Loan, 8.369%, (6 mo. USD LIBOR + 3.50%), 2/10/28 | 29,850 | $ 28,254,871 | |
Gainwell Acquisition Corp., Term Loan, 9.342%, (SOFR + 4.00%), 10/1/27 | 48,596 | 47,973,748 | |
Go Daddy Operating Company, LLC, Term Loan, 7.819%, (SOFR + 2.50%), 11/9/29 | 44,840 | 44,961,582 | |
Informatica, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 10/27/28 | 31,674 | 31,560,226 | |
NAB Holdings, LLC, Term Loan, 8.392%, (SOFR + 3.00%), 11/23/28 | 14,389 | 14,369,444 | |
Rackspace Technology Global, Inc., Term Loan, 8.029%, (SOFR + 2.75%), 2/15/28 | 16,305 | 7,262,566 | |
Sedgwick Claims Management Services, Inc., Term Loan, 2/24/28(9) | 10,350 | 10,328,648 | |
team.blue Finco S.a.r.l., Term Loan, 6.798%, (3 mo. EURIBOR + 3.20%), 3/30/28 | EUR | 11,150 | 11,983,592 |
WEX, Inc., Term Loan, 7.683%, (SOFR + 2.25%), 3/31/28 | 3,910 | 3,915,376 | |
$ 271,939,911 | |||
Leisure Products — 0.4% | |||
Amer Sports Oyj, Term Loan, 7.648%, (6 mo. EURIBOR + 4.00%), 3/30/26 | EUR | 11,925 | $ 13,076,036 |
Fender Musical Instruments Corporation, Term Loan, 9.355%, (SOFR + 4.00%), 12/1/28 | 2,268 | 2,193,914 | |
Hayward Industries, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 5/30/28 | 9,078 | 8,923,634 | |
SRAM, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 5/18/28 | 1,891 | 1,887,424 | |
$ 26,081,008 | |||
Life Sciences Tools & Services — 2.3% | |||
Avantor Funding, Inc., Term Loan, 6.065%, (1 mo. EURIBOR + 2.50%), 6/12/28 | EUR | 19,306 | $ 21,253,488 |
Cambrex Corporation, Term Loan, 8.919%, (SOFR + 3.50%), 12/4/26 | 324 | 323,600 | |
Catalent Pharma Solutions, Inc., Term Loan, 7.406%, (SOFR + 2.00%), 2/22/28 | 1,026 | 1,011,108 | |
Curia Global, Inc., Term Loan, 9.169%, (SOFR + 3.75%), 8/30/26(10) | 17,311 | 15,114,933 | |
ICON Luxembourg S.a.r.l., Term Loan, 7.754%, (SOFR + 2.25%), 7/3/28 | 50,975 | 51,038,510 | |
IQVIA, Inc., Term Loan, 7.288%, (1 mo. USD LIBOR + 1.75%), 1/17/25 | 12,472 | 12,489,931 | |
LGC Group Holdings, Ltd., Term Loan, 6.315%, (1 mo. EURIBOR + 2.75%), 4/21/27 | EUR | 5,775 | 6,102,246 |
Loire Finco Luxembourg S.a.r.l., Term Loan, 8.419%, (SOFR + 3.00%), 4/21/27 | 1,125 | 1,104,839 |
14
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Life Sciences Tools & Services (continued) | |||
PRA Health Sciences, Inc., Term Loan, 7.754%, (SOFR + 2.25%), 7/3/28 | 12,701 | $ 12,716,441 | |
Sotera Health Holdings, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 12/11/26 | 17,828 | 17,686,068 | |
$ 138,841,164 | |||
Machinery — 3.6% | |||
AI Aqua Merger Sub, Inc., Term Loan, 8.944%, (SOFR + 3.75%), 7/31/28 | 22,040 | $ 21,778,491 | |
Albion Financing 3 S.a.r.l.: | |||
Term Loan, 10.596%, (SOFR + 5.25%), 8/17/26 | 3,471 | 3,466,294 | |
Term Loan, 10.651%, (SOFR + 5.50%), 8/17/26 | 3,516 | 3,518,385 | |
Ali Group North America Corporation, Term Loan, 7.433%, (SOFR + 2.00%), 7/30/29 | 15,604 | 15,643,121 | |
American Trailer World Corp., Term Loan, 9.169%, (SOFR + 3.75%), 3/3/28 | 13,302 | 12,441,902 | |
Apex Tool Group, LLC, Term Loan, 10.605%, (SOFR + 5.25%), 2/8/29 | 20,476 | 19,157,825 | |
Clark Equipment Company, Term Loan, 7.842%, (SOFR + 2.50%), 4/20/29 | 11,455 | 11,485,069 | |
Conair Holdings, LLC, Term Loan, 9.288%, (3 mo. USD LIBOR + 3.75%), 5/17/28 | 24,268 | 23,139,300 | |
Delachaux Group S.A., Term Loan, 9.869%, (SOFR + 4.50%), 4/16/26 | 3,570 | 3,522,401 | |
EMRLD Borrower, L.P., Term Loan, 8.264%, (SOFR + 3.00%), 5/31/30 | 11,275 | 11,293,502 | |
Engineered Machinery Holdings, Inc.: | |||
Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 5/21/28 | EUR | 10,685 | 11,604,636 |
Term Loan - Second Lien, 11.538%, (3 mo. USD LIBOR + 6.00%), 5/21/29 | 2,000 | 1,910,000 | |
Icebox Holdco III, Inc., Term Loan, 9.254%, (SOFR + 3.75%), 12/22/28 | 4,159 | 4,097,006 | |
INNIO Group Holding GmbH, Term Loan, 6.339%, (6 mo. EURIBOR + 3.00%), 10/31/25 | EUR | 6,125 | 6,710,236 |
Madison IAQ, LLC, Term Loan, 8.302%, (6 mo. USD LIBOR + 3.25%), 6/21/28 | 11,611 | 11,408,283 | |
Pro Mach Group, Inc., Term Loan, 9.433%, (SOFR + 4.00%), 8/31/28 | 2,806 | 2,811,817 | |
Roper Industrial Products Investment Company, LLC: | |||
Term Loan, 8.598%, (3 mo. EURIBOR + 5.25%), 11/22/29 | EUR | 998 | 1,088,184 |
Term Loan, 9.742%, (SOFR + 4.50%), 11/22/29 | 2,269 | 2,271,339 | |
SPX Flow, Inc., Term Loan, 9.919%, (SOFR + 4.50%), 4/5/29 | 12,331 | 12,230,130 | |
TK Elevator Topco GmbH, Term Loan, 7.597%, (6 mo. EURIBOR + 3.63%), 7/30/27 | EUR | 9,725 | 10,587,939 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Machinery (continued) | |||
Vertical US Newco, Inc., Term Loan, 9.381%, (SOFR + 3.50%), 7/30/27 | 10,715 | $ 10,689,985 | |
Zephyr German BidCo GmbH, Term Loan, 7.462%, (3 mo. EURIBOR + 3.85%), 3/10/28 | EUR | 11,775 | 12,385,601 |
$ 213,241,446 | |||
Media — 1.6% | |||
Charter Communications Operating, LLC, Term Loan, 7.116%, (SOFR + 1.75%), 2/1/27(10) | 3,607 | $ 3,586,268 | |
CSC Holdings, LLC: | |||
Term Loan, 7.586%, (1 mo. USD LIBOR + 2.25%), 7/17/25 | 20,170 | 19,317,902 | |
Term Loan, 7.586%, (1 mo. USD LIBOR + 2.25%), 1/15/26 | 4 | 3,884 | |
Gray Television, Inc., Term Loan, 8.228%, (SOFR + 3.00%), 12/1/28 | 1,035 | 1,022,380 | |
Hubbard Radio, LLC, Term Loan, 9.69%, (1 mo. USD LIBOR + 4.25%), 3/28/25 | 5,990 | 5,670,879 | |
iHeartCommunications, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 5/1/26 | 2,365 | 2,141,336 | |
Mission Broadcasting, Inc., Term Loan, 7.728%, (SOFR + 2.50%), 6/2/28 | 3,626 | 3,627,889 | |
Nexstar Broadcasting, Inc., Term Loan, 7.933%, (SOFR + 2.50%), 9/18/26 | 3,623 | 3,626,693 | |
Recorded Books, Inc., Term Loan, 9.319%, (SOFR + 4.00%), 8/29/25 | 9,877 | 9,893,728 | |
Sinclair Television Group, Inc.: | |||
Term Loan, 7.933%, (SOFR + 2.50%), 9/30/26 | 6,184 | 5,537,636 | |
Term Loan, 8.433%, (SOFR + 3.00%), 4/1/28 | 22,730 | 18,167,087 | |
Univision Communications, Inc.: | |||
Term Loan, 8.183%, (1 mo. USD LIBOR + 2.75%), 3/15/24 | 3,131 | 3,138,611 | |
Term Loan, 8.683%, (SOFR + 3.25%), 3/15/26 | 18,234 | 18,168,694 | |
$ 93,902,987 | |||
Metals/Mining — 0.9% | |||
American Consolidated Natural Resources, Inc., Term Loan, 17.25%, (USD Prime + 9.00%), 14.25% cash, 3.00% PIK, 9/16/25 | 438 | $ 440,523 | |
Arsenal AIC Parent, LLC, Term Loan, 7/26/30(9) | 7,850 | 7,851,633 | |
Dynacast International, LLC: | |||
Term Loan, 9.825%, (SOFR + 4.50%), 7/22/25 | 15,220 | 14,335,642 | |
Term Loan, 14.325%, (SOFR + 9.00%), 10/22/25 | 3,042 | 2,357,226 | |
PMHC II, Inc., Term Loan, 9.699%, (SOFR + 4.25%), 4/23/29 | 10,855 | 10,081,962 |
15
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Metals/Mining (continued) | |||
WireCo WorldGroup, Inc., Term Loan, 9.586%, (SOFR + 4.25%), 11/13/28 | 6,185 | $ 6,186,126 | |
Zekelman Industries, Inc., Term Loan, 7.378%, (SOFR + 2.00%), 1/24/27 | 15,367 | 15,323,587 | |
$ 56,576,699 | |||
Oil, Gas & Consumable Fuels — 0.9% | |||
GIP II Blue Holding, L.P., Term Loan, 9.933%, (SOFR + 4.50%), 9/29/28 | 14,075 | $ 14,137,426 | |
Matador Bidco S.a.r.l., Term Loan, 9.919%, (SOFR + 4.50%), 10/15/26 | 29,032 | 29,224,391 | |
Oxbow Carbon, LLC, Term Loan, 9.38%, (SOFR + 4.00%), 5/10/30(10) | 5,675 | 5,671,453 | |
QuarterNorth Energy Holding, Inc., Term Loan - Second Lien, 13.433%, (SOFR + 8.00%), 8/27/26 | 5,729 | 5,721,993 | |
$ 54,755,263 | |||
Pharmaceuticals — 1.8% | |||
Aenova Holding GmbH, Term Loan, 8.205%, (3 mo. EURIBOR + 4.50%), 3/6/26 | EUR | 925 | $ 1,004,579 |
AI Sirona (Luxembourg) Acquisition S.a.r.l., Term Loan, 6.815%, (1 mo. EURIBOR + 3.25%), 9/29/25 | EUR | 13,000 | 14,323,278 |
Amneal Pharmaceuticals, LLC, Term Loan, 8.933%, (SOFR + 3.50%), 5/4/25 | 2,496 | 2,380,256 | |
Bausch Health Companies, Inc., Term Loan, 10.605%, (SOFR + 5.25%), 2/1/27 | 17,159 | 14,070,013 | |
Elanco Animal Health Incorporated, Term Loan, 6.963%, (SOFR + 1.75%), 8/1/27 | 4,896 | 4,831,640 | |
Horizon Therapeutics USA, Inc.: | |||
Term Loan, 7.156%, (SOFR + 1.75%), 3/15/28 | 6,645 | 6,641,996 | |
Term Loan, 7.406%, (SOFR + 2.00%), 5/22/26 | 7,802 | 7,812,097 | |
Jazz Financing Lux S.a.r.l., Term Loan, 8.933%, (SOFR + 3.50%), 5/5/28 | 7,016 | 7,016,234 | |
Mallinckrodt International Finance S.A.: | |||
Term Loan, 10.619%, (SOFR + 5.25%), 9/30/27 | 31,218 | 23,817,111 | |
Term Loan, 10.869%, (SOFR + 5.50%), 9/30/27 | 9,889 | 7,505,538 | |
PharmaZell GmbH, Term Loan, 7.348%, (3 mo. EURIBOR + 3.75%), 5/12/27 | EUR | 1,800 | 1,913,296 |
Recipharm AB, Term Loan, 6.558%, (3 mo. EURIBOR + 3.20%), 2/17/28 | EUR | 13,725 | 14,592,652 |
$ 105,908,690 | |||
Professional Services — 2.2% | |||
APFS Staffing Holdings, Inc., Term Loan, 9.319%, (SOFR + 4.00%), 12/29/28 | 3,678 | $ 3,595,673 | |
Apleona Holding GmbH, Term Loan, 6.714%, (3 mo. EURIBOR + 3.00%), 4/28/28 | EUR | 7,525 | 8,141,874 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Professional Services (continued) | |||
CoreLogic, Inc., Term Loan, 8.933%, (SOFR + 3.50%), 6/2/28 | 14,135 | $ 13,060,304 | |
Corporation Service Company, Term Loan, 8.669%, (SOFR + 3.25%), 11/2/29 | 4,871 | 4,882,676 | |
Deerfield Dakota Holding, LLC, Term Loan, 8.992%, (SOFR + 3.75%), 4/9/27 | 9,934 | 9,589,699 | |
EAB Global, Inc., Term Loan, 8.872%, (USD LIBOR + 3.50%), 8/16/28(10) | 14,430 | 14,338,560 | |
Employbridge Holding Company, Term Loan, 10.259%, (SOFR + 4.75%), 7/19/28(10) | 20,652 | 16,794,927 | |
First Advantage Holdings, LLC, Term Loan, 8.183%, (SOFR + 2.75%), 1/31/27 | 5,857 | 5,861,378 | |
Neptune Bidco U.S., Inc., Term Loan, 10.399%, (SOFR + 5.00%), 4/11/29 | 8,030 | 7,126,514 | |
Rockwood Service Corporation, Term Loan, 9.433%, (SOFR + 4.00%), 1/23/27 | 5,428 | 5,448,123 | |
Trans Union, LLC: | |||
Term Loan, 7.169%, (SOFR + 1.75%), 11/16/26 | 2,478 | 2,473,251 | |
Term Loan, 7.683%, (SOFR + 2.25%), 12/1/28 | 38,737 | 38,750,544 | |
Vaco Holdings, LLC, Term Loan, 10.587%, (SOFR + 5.00%), 1/21/29 | 3,669 | 3,504,014 | |
$ 133,567,537 | |||
Real Estate Management & Development — 0.6% | |||
Cushman & Wakefield U.S. Borrower, LLC: | |||
Term Loan, 8.183%, (SOFR + 2.75%), 8/21/25 | 12,323 | $ 12,315,206 | |
Term Loan, 8.669%, (SOFR + 3.25%), 1/31/30 | 6,678 | 6,477,400 | |
RE/MAX International, Inc., Term Loan, 7.933%, (SOFR + 2.50%), 7/21/28 | 16,293 | 15,936,102 | |
$ 34,728,708 | |||
Road & Rail — 2.2% | |||
Avis Budget Car Rental, LLC: | |||
Term Loan, 7.183%, (SOFR + 1.75%), 8/6/27 | 30,320 | $ 30,227,715 | |
Term Loan, 8.919%, (SOFR + 3.50%), 3/16/29 | 4,115 | 4,121,656 | |
Grab Holdings, Inc., Term Loan, 9.933%, (SOFR + 4.50%), 1/29/26 | 15,314 | 15,335,282 | |
Hertz Corporation (The): | |||
Term Loan, 8.683%, (SOFR + 3.25%), 6/30/28 | 17,150 | 17,175,524 | |
Term Loan, 8.683%, (SOFR + 3.25%), 6/30/28 | 3,298 | 3,302,985 | |
Uber Technologies, Inc., Term Loan, 8.018%, (SOFR + 2.75%), 3/3/30 | 58,318 | 58,441,257 | |
$ 128,604,419 |
16
Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Semiconductors & Semiconductor Equipment — 0.8% | |||
Altar Bidco, Inc.: | |||
Term Loan, 8.142%, (SOFR + 3.10%), 2/1/29(10) | 10,689 | $ 10,626,649 | |
Term Loan - Second Lien, 10.512%, (SOFR + 5.60%), 2/1/30 | 6,650 | 6,145,711 | |
Bright Bidco B.V., Term Loan, 14.366%, (SOFR + 9.00%), 6.366% cash, 8.00% PIK, 10/31/27 | 3,596 | 1,905,964 | |
Entegris, Inc., Term Loan, 8.014%, (SOFR + 2.75%), 7/6/29(10) | 2,384 | 2,389,911 | |
MACOM Technology Solutions Holdings, Inc., Term Loan, 7.683%, (1 mo. USD LIBOR + 2.25%), 5/17/24 | 555 | 555,180 | |
MaxLinear, Inc., Term Loan, 7.683%, (SOFR + 2.25%), 6/23/28 | 2,955 | 2,947,969 | |
MKS Instruments, Inc., Term Loan, 8.155%, (SOFR + 2.75%), 8/17/29 | 17,814 | 17,820,835 | |
Synaptics Incorporated, Term Loan, 7.742%, (SOFR + 2.25%), 12/2/28 | 2,763 | 2,745,949 | |
Ultra Clean Holdings, Inc., Term Loan, 9.183%, (SOFR + 3.75%), 8/27/25 | 1,930 | 1,936,163 | |
$ 47,074,331 | |||
Software — 12.9% | |||
Applied Systems, Inc., Term Loan, 9.742%, (SOFR + 4.50%), 9/18/26 | 43,770 | $ 43,917,675 | |
Aptean, Inc.: | |||
Term Loan, 9.669%, (SOFR + 4.25%), 4/23/26 | 18,779 | 18,626,314 | |
Term Loan - Second Lien, 12.419%, (SOFR + 7.00%), 4/23/27 | 6,550 | 6,116,062 | |
Astra Acquisition Corp.: | |||
Term Loan, 10.683%, (SOFR + 5.25%), 10/25/28 | 5,017 | 3,811,536 | |
Term Loan - Second Lien, 14.308%, (SOFR + 8.88%), 10/25/29 | 20,170 | 11,026,356 | |
Banff Merger Sub, Inc.: | |||
Term Loan, 7.565%, (1 mo. EURIBOR + 4.00%), 10/2/25 | EUR | 1,915 | 2,101,304 |
Term Loan, 9.183%, (SOFR + 3.75%), 10/2/25 | 680 | 679,123 | |
Term Loan - Second Lien, 10.805%, (SOFR + 5.50%), 2/27/26 | 3,191 | 3,148,640 | |
CDK Global, Inc., Term Loan, 9.492%, (SOFR + 4.25%), 7/6/29 | 19,875 | 19,907,223 | |
CentralSquare Technologies, LLC, Term Loan, 9.142%, (3 mo. USD LIBOR + 3.75%), 8/29/25 | 18,408 | 17,409,037 | |
Cloud Software Group, Inc.: | |||
Term Loan, 9/29/28(9) | 7,000 | 6,734,581 | |
Term Loan, 3/30/29(9) | 4,500 | 4,320,351 | |
Cloudera, Inc.: | |||
Term Loan, 9.169%, (SOFR + 3.75%), 10/8/28 | 17,603 | 17,266,962 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Software (continued) | |||
Cloudera, Inc.: (continued) | |||
Term Loan - Second Lien, 11.419%, (SOFR + 6.00%), 10/8/29 | 2,950 | $ 2,781,605 | |
Constant Contact, Inc., Term Loan, 9.561%, (SOFR + 4.00%), 2/10/28 | 5,046 | 4,816,799 | |
Cornerstone OnDemand, Inc., Term Loan, 9.254%, (SOFR + 3.75%), 10/16/28 | 15,504 | 14,405,573 | |
Delta TopCo, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 12/1/27 | 10,944 | 10,714,993 | |
E2open, LLC, Term Loan, 8.933%, (SOFR + 3.50%), 2/4/28 | 16,216 | 16,215,943 | |
ECI Macola Max Holding, LLC, Term Loan, 9.254%, (SOFR + 3.75%), 11/9/27 | 19,256 | 19,201,764 | |
Epicor Software Corporation, Term Loan, 8.683%, (SOFR + 3.25%), 7/30/27 | 39,700 | 39,501,975 | |
Finastra USA, Inc.: | |||
Term Loan, 9.205%, (USD LIBOR + 3.50%), 6/13/24(10) | 39,095 | 37,975,469 | |
Term Loan - Second Lien, 12.981%, (6 mo. USD LIBOR + 7.25%), 6/13/25 | 25,750 | 23,635,693 | |
Fiserv Investment Solutions, Inc., Term Loan, 9.129%, (SOFR + 4.00%), 2/18/27 | 5,822 | 5,701,132 | |
GoTo Group, Inc., Term Loan, 10.269%, (SOFR + 4.75%), 8/31/27 | 24,222 | 15,494,276 | |
Hyland Software, Inc.: | |||
Term Loan, 8.933%, (SOFR + 3.50%), 7/1/24 | 47,409 | 47,316,296 | |
Term Loan - Second Lien, 11.683%, (SOFR + 6.25%), 7/7/25 | 1,750 | 1,741,250 | |
IGT Holding IV AB: | |||
Term Loan, 6.748%, (3 mo. EURIBOR + 3.15%), 3/31/28 | EUR | 6,205 | 6,647,119 |
Term Loan, 8.712%, (SOFR + 3.40%), 3/31/28 | 4,025 | 4,001,902 | |
Ivanti Software, Inc., Term Loan, 9.758%, (SOFR + 4.25%), 12/1/27 | 3,900 | 3,293,438 | |
Magenta Buyer, LLC: | |||
Term Loan, 10.631%, (SOFR + 5.00%), 7/27/28 | 22,637 | 17,215,622 | |
Term Loan - Second Lien, 13.881%, (SOFR + 8.25%), 7/27/29 | 16,175 | 10,271,125 | |
Marcel LUX IV S.a.r.l.: | |||
Term Loan, 7.087%, (3 mo. EURIBOR + 3.50%), 3/16/26 | EUR | 8,650 | 9,498,790 |
Term Loan, 8.415%, (SOFR + 3.25%), 3/15/26 | 11,507 | 11,478,285 | |
Term Loan, 9.184%, (SOFR + 4.00%), 12/31/27 | 731 | 729,501 | |
Maverick Bidco, Inc., Term Loan, 9.269%, (SOFR + 3.75%), 5/18/28 | 10,986 | 10,684,180 | |
McAfee, LLC, Term Loan, 8.963%, (SOFR + 3.75%), 3/1/29 | 19,803 | 19,214,140 | |
N-Able International Holdings II, LLC, Term Loan, 8.476%, (3 mo. USD LIBOR + 3.00%), 7/19/28 | 1,267 | 1,265,674 |
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Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Software (continued) | |||
NortonLifeLock, Inc., Term Loan, 7.419%, (SOFR + 2.00%), 9/12/29 | 1,574 | $ 1,569,411 | |
Open Text Corporation, Term Loan, 8.919%, (SOFR + 3.50%), 1/31/30 | 25,124 | 25,192,438 | |
Panther Commercial Holdings, L.P., Term Loan, 9.669%, (SOFR + 4.25%), 1/7/28 | 20,895 | 20,922,298 | |
Polaris Newco, LLC: | |||
Term Loan, 7.714%, (3 mo. EURIBOR + 4.00%), 6/2/28 | EUR | 8,499 | 8,814,731 |
Term Loan, 9.538%, (3 mo. USD LIBOR + 4.00%), 6/2/28 | 2,949 | 2,792,207 | |
Proofpoint, Inc., Term Loan, 8.683%, (SOFR + 3.25%), 8/31/28 | 10,931 | 10,786,527 | |
Quest Software US Holdings, Inc., Term Loan, 9.769%, (SOFR + 4.25%), 2/1/29 | 16,951 | 13,884,263 | |
RealPage, Inc., Term Loan, 8.433%, (SOFR + 3.00%), 4/24/28 | 10,745 | 10,578,214 | |
Red Planet Borrower, LLC, Term Loan, 9.169%, (SOFR + 3.75%), 10/2/28 | 15,229 | 13,426,795 | |
Redstone Holdco 2 L.P., Term Loan, 10.163%, (SOFR + 4.75%), 4/27/28 | 11,692 | 9,011,469 | |
Sabre GLBL, Inc.: | |||
Term Loan, 8.933%, (SOFR + 3.50%), 12/17/27 | 5,850 | 4,855,448 | |
Term Loan, 8.933%, (SOFR + 3.50%), 12/17/27 | 3,753 | 3,115,222 | |
Term Loan, 6/30/28(9) | 3,513 | 2,933,074 | |
Term Loan, 6/30/28(9) | 1,000 | 850,000 | |
Skillsoft Corporation, Term Loan, 10.558%, (SOFR + 5.25%), 7/14/28 | 10,367 | 9,602,188 | |
SolarWinds Holdings, Inc., Term Loan, 9.069%, (SOFR + 3.75%), 2/5/27 | 17,232 | 17,259,228 | |
Sophia, L.P., Term Loan, 9.038%, (3 mo. USD LIBOR + 3.50%), 10/7/27 | 23,250 | 23,162,894 | |
Turing Midco, LLC, Term Loan, 7.819%, (SOFR + 2.50%), 3/24/28 | 469 | 468,815 | |
Ultimate Software Group, Inc. (The), Term Loan, 8.618%, (SOFR + 3.25%), 5/4/26 | 45,685 | 45,491,371 | |
Veritas US, Inc., Term Loan, 10.433%, (SOFR + 5.00%), 9/1/25 | 7,620 | 6,437,716 | |
Vision Solutions, Inc.: | |||
Term Loan, 9.863%, (SOFR + 4.25%), 4/24/28 | 33,404 | 32,151,333 | |
Term Loan - Second Lien, 4/23/29(9) | 1,500 | 1,322,343 | |
VS Buyer, LLC, Term Loan, 8.669%, (SOFR + 3.25%), 2/28/27 | 13,825 | 13,759,906 | |
$ 767,255,599 | |||
Specialty Retail — 2.1% | |||
Belron Finance US, LLC, Term Loan, 7.80%, (3 mo. USD LIBOR + 2.43%), 4/13/28 | 7,649 | $ 7,664,235 |
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Specialty Retail (continued) | |||
Belron Luxembourg S.a.r.l., Term Loan, 5.705%, (3 mo. EURIBOR + 2.43%), 4/13/28 | EUR | 3,575 | $ 3,938,434 |
Boels Topholding B.V., Term Loan, 6.62%, (1 mo. EURIBOR + 3.25%), 2/6/27 | EUR | 7,750 | 8,517,933 |
David's Bridal, Inc.: | |||
Term Loan, 0.00%, 6/23/24(4)(12) | 4,014 | 0 | |
Term Loan, 0.00%, 12/31/24(4)(12) | 4,866 | 0 | |
Etraveli Holding AB, Term Loan, 7.598%, (3 mo. EURIBOR + 4.00%), 8/2/24 | EUR | 7,844 | 8,581,395 |
Great Outdoors Group, LLC, Term Loan, 9.183%, (SOFR + 3.75%), 3/6/28 | 27,390 | 27,361,398 | |
Harbor Freight Tools USA, Inc., Term Loan, 8.183%, (SOFR + 2.75%), 10/19/27 | 17,833 | 17,702,236 | |
Hoya Midco, LLC, Term Loan, 8.619%, (SOFR + 3.25%), 2/3/29 | 2,646 | 2,636,412 | |
Les Schwab Tire Centers, Term Loan, 8.478%, (SOFR + 3.25%), 11/2/27 | 13,901 | 13,883,941 | |
LIDS Holdings, Inc., Term Loan, 10.868%, (SOFR + 5.50%), 12/14/26 | 5,220 | 4,946,246 | |
Mattress Firm, Inc., Term Loan, 9.95%, (6 mo. USD LIBOR + 4.25%), 9/25/28 | 15,909 | 15,664,345 | |
PetSmart, Inc., Term Loan, 9.169%, (SOFR + 3.75%), 2/11/28 | 12,257 | 12,268,366 | |
$ 123,164,941 | |||
Technology Hardware, Storage & Peripherals — 0.1% | |||
NCR Corporation, Term Loan, 7.933%, (SOFR + 2.50%), 8/28/26 | 8,875 | $ 8,870,812 | |
$ 8,870,812 | |||
Trading Companies & Distributors — 2.9% | |||
American Builders & Contractors Supply Co., Inc., Term Loan, 7.419%, (SOFR + 2.00%), 1/15/27 | 13,517 | $ 13,519,050 | |
Avolon TLB Borrower 1 (US), LLC: | |||
Term Loan, 7.605%, (SOFR + 2.25%), 12/1/27 | 14,850 | 14,874,678 | |
Term Loan, 7.755%, (SOFR + 2.50%), 6/22/28 | 26,082 | 26,125,231 | |
DXP Enterprises, Inc., Term Loan, 10.444%, (SOFR + 5.25%), 12/23/27 | 7,889 | 7,928,510 | |
Electro Rent Corporation, Term Loan, 10.83%, (SOFR + 5.50%), 11/1/24 | 15,635 | 15,088,076 | |
Park River Holdings, Inc., Term Loan, 8.522%, (6 mo. USD LIBOR + 3.25%), 12/28/27 | 9,079 | 8,776,996 | |
Patagonia Bidco Limited, Term Loan, 9.427%, (SONIA + 5.25%), 11/1/28 | GBP | 20,400 | 21,664,222 |
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Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
Borrower/Description | Principal Amount* (000's omitted) | Value | |
Trading Companies & Distributors (continued) | |||
PEARLS (Netherlands) Bidco B.V., Term Loan, 7.214%, (3 mo. EURIBOR + 3.50%), 2/26/29 | EUR | 6,000 | $ 6,385,351 |
Spin Holdco, Inc., Term Loan, 9.23%, (3 mo. USD LIBOR + 4.00%), 3/4/28 | 43,618 | 36,965,933 | |
SRS Distribution, Inc.: | |||
Term Loan, 8.919%, (SOFR + 3.50%), 6/2/28 | 4,999 | 4,930,140 | |
Term Loan, 8.933%, (SOFR + 3.50%), 6/2/28 | 4,267 | 4,218,567 | |
Windsor Holdings III, LLC, Term Loan, 8/1/30(9) | 10,600 | 10,555,830 | |
$ 171,032,584 | |||
Wireless Telecommunication Services — 0.3% | |||
CCI Buyer, Inc., Term Loan, 12/17/27(9) | 5,000 | $ 4,905,000 | |
Digicel International Finance Limited, Term Loan, 8.981%, (6 mo. USD LIBOR + 3.25%), 5/28/24 | 13,946 | 12,656,089 | |
$ 17,561,089 | |||
Total Senior Floating-Rate Loans (identified cost $5,016,177,778) | $4,745,675,510 |
Warrants — 0.0% |
Security | Shares | Value | |
Retailers (Except Food and Drug) — 0.0% | |||
David’s Bridal, LLC, Exp. 12/31/28(4)(5)(6) | 51,888 | $ 0 | |
Total Warrants (identified cost $0) | $ 0 |
Short-Term Investments — 6.1% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 5.19%(13) | 365,656,522 | $ 365,656,522 | |
Total Short-Term Investments (identified cost $365,656,522) | $ 365,656,522 | ||
Total Investments — 100.8% (identified cost $6,390,163,668) | $5,996,232,486 | ||
Less Unfunded Loan Commitments — (0.2)% | $ (9,340,092) | ||
Net Investments — 100.6% (identified cost $6,380,823,576) | $5,986,892,394 | ||
Other Assets, Less Liabilities — (0.6)% | $ (41,128,207) | ||
Net Assets — 100.0% | $5,945,764,187 |
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 July 31, 2023, the aggregate value of these securities is $788,546,815 or 13.3% of the Portfolio's net assets. |
(2) | Variable rate security. The stated interest rate represents the rate in effect at July 31, 2023. |
(3) | Affiliated company. |
(4) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
(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%. |
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Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
(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 Secured Overnight Financing Rate (“SOFR”) (or the London Interbank Offered Rate (“LIBOR”) for those loans whose rates reset prior to the discontinuance of LIBOR on June 30, 2023) 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) | This Senior Loan will settle after July 31, 2023, at which time the interest rate will be determined. |
(10) | The stated interest rate represents the weighted average interest rate at July 31, 2023 of contracts within the senior loan facility. Interest rates on contracts are primarily redetermined either monthly or quarterly by reference to the indicated base lending rate and spread and the reset period. |
(11) | 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 July 31, 2023, the total value of unfunded loan commitments is $7,004,978. |
(12) | Issuer is in default with respect to interest and/or principal payments or has declared bankruptcy. 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 July 31, 2023. |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
USD | 295,807,294 | EUR | 270,766,698 | Standard Chartered Bank | 8/2/23 | $ — | $ (1,900,795) |
EUR | 20,000,000 | USD | 21,985,972 | Bank of America, N.A. | 8/31/23 | 34,556 | — |
EUR | 23,000,000 | USD | 25,318,237 | Citibank, N.A. | 8/31/23 | 5,371 | — |
EUR | 22,000,000 | USD | 24,219,644 | Citibank, N.A. | 8/31/23 | 2,937 | — |
GBP | 11,000,000 | USD | 14,137,534 | Standard Chartered Bank | 8/31/23 | — | (18,720) |
GBP | 752,137 | USD | 959,271 | State Street Bank and Trust Company | 8/31/23 | 6,119 | — |
USD | 46,926,397 | EUR | 43,600,000 | Bank of America, N.A. | 8/31/23 | — | (1,078,355) |
USD | 46,920,912 | EUR | 43,600,000 | Bank of America, N.A. | 8/31/23 | — | (1,083,839) |
USD | 45,888,095 | EUR | 42,616,815 | Citibank, N.A. | 8/31/23 | — | (1,034,144) |
USD | 46,942,563 | EUR | 43,600,000 | HSBC Bank USA, N.A. | 8/31/23 | — | (1,062,188) |
USD | 9,513,742 | EUR | 8,830,397 | Standard Chartered Bank | 8/31/23 | — | (208,759) |
USD | 46,925,647 | EUR | 43,600,000 | State Street Bank and Trust Company | 8/31/23 | — | (1,079,105) |
USD | 46,918,758 | EUR | 43,600,000 | State Street Bank and Trust Company | 8/31/23 | — | (1,085,993) |
USD | 47,557,714 | GBP | 38,477,305 | Citibank, N.A. | 8/31/23 | — | (1,829,008) |
USD | 299,015,092 | EUR | 270,766,698 | Standard Chartered Bank | 9/5/23 | 822,330 | — |
EUR | 18,000,000 | USD | 20,224,278 | Australia and New Zealand Banking Group Limited | 9/29/23 | — | (377,167) |
EUR | 17,000,000 | USD | 19,100,211 | Standard Chartered Bank | 9/29/23 | — | (355,716) |
EUR | 42,000,000 | USD | 46,276,062 | State Street Bank and Trust Company | 9/29/23 | 33,865 | — |
USD | 35,090,218 | EUR | 32,000,000 | Bank of America, N.A. | 9/29/23 | — | (193,536) |
USD | 1,683,216 | EUR | 1,535,237 | Standard Chartered Bank | 9/29/23 | — | (9,563) |
USD | 35,095,568 | EUR | 32,000,000 | State Street Bank and Trust Company | 9/29/23 | — | (188,186) |
USD | 35,091,670 | EUR | 32,000,000 | State Street Bank and Trust Company | 9/29/23 | — | (192,083) |
USD | 38,198,819 | EUR | 34,833,375 | State Street Bank and Trust Company | 9/29/23 | — | (209,063) |
$905,178 | $(11,906,220) |
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Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
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 |
At July 31, 2023, the Portfolio had sufficient cash and/or securities to cover commitments under open derivative contracts.
The Portfolio is subject to foreign exchange risk in the normal course of pursuing its investment objective. Because the Portfolio holds foreign currency denominated investments, the value of these investments and related receivables and payables may change due to future changes in foreign currency exchange rates. To hedge against this risk, the Portfolio enters into forward foreign currency exchange contracts.
Affiliated Investments
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 July 31, 2023, the value of the Portfolio's investment in affiliated companies and in funds that may be deemed to be affiliated was $376,778,236, which represents 6.3% of the Portfolio's net assets. Transactions in such investments by the Portfolio for the fiscal year to date ended July 31, 2023 were as follows:
Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
Common Stocks* | ||||||||
IAP Global Services, LLC(1)(2)(3) | $8,685,164 | $ — | $ — | $ — | $2,436,550 | $11,121,714 | $ — | 2,577 |
Short-Term Investments | ||||||||
Liquidity Fund, Institutional Class(4) | 156,771,808 | 1,872,346,725 | (1,663,462,011) | — | — | 365,656,522 | 4,941,437 | 365,656,522 |
Total | $ — | $2,436,550 | $376,778,236 | $4,941,437 |
* | 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. |
(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. |
(4) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
Fair Value Measurements
Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.
• | Level 1 – quoted prices in active markets for identical investments |
• | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.
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Eaton Vance
Floating Rate Portfolio
July 31, 2023
Portfolio of Investments (Unaudited) — continued
At July 31, 2023, 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 | $ — | $ 289,525,658 | $ — | $ 289,525,658 |
Common Stocks | 1,179,453 | 34,783,450 | 12,676,443 | 48,639,346 |
Corporate Bonds | — | 519,432,765 | — | 519,432,765 |
Exchange-Traded Funds | 17,866,440 | — | — | 17,866,440 |
Preferred Stocks | — | 9,436,245 | 0 | 9,436,245 |
Senior Floating-Rate Loans (Less Unfunded Loan Commitments) | — | 4,705,176,889 | 31,158,529 | 4,736,335,418 |
Warrants | — | — | 0 | 0 |
Short-Term Investments | 365,656,522 | — | — | 365,656,522 |
Total Investments | $384,702,415 | $5,558,355,007 | $43,834,972 | $5,986,892,394 |
Forward Foreign Currency Exchange Contracts | $ — | $ 905,178 | $ — | $ 905,178 |
Total | $384,702,415 | $5,559,260,185 | $43,834,972 | $5,987,797,572 |
Liability Description | ||||
Forward Foreign Currency Exchange Contracts | $ — | $ (11,906,220) | $ — | $ (11,906,220) |
Total | $ — | $ (11,906,220) | $ — | $ (11,906,220) |
* | 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 fiscal year to date ended July 31, 2023 is not presented.
For information on the Portfolio's policy regarding the valuation of investments and other significant accounting policies, please refer to the Portfolio's most recent financial statements included in its semiannual or annual report to shareholders.
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