Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited)
Common Stocks — 97.2% |
Security | Shares | Value | |
Aerospace & Defense — 3.0% | |||
Hexcel Corp. | 357,373 | $ 21,624,640 | |
Huntington Ingalls Industries, Inc. | 159,156 | 34,511,387 | |
$ 56,136,027 | |||
Air Freight & Logistics — 1.4% | |||
C.H. Robinson Worldwide, Inc. | 239,086 | $ 26,466,820 | |
$ 26,466,820 | |||
Banks — 6.4% | |||
Bank of America Corp.(1) | 435,675 | $ 14,730,172 | |
JPMorgan Chase & Co.(1) | 528,940 | 61,018,518 | |
KeyCorp | 336,749 | 6,162,507 | |
Truist Financial Corp. | 606,336 | 30,601,778 | |
Wells Fargo & Co. | 145,704 | 6,392,034 | |
$ 118,905,009 | |||
Beverages — 1.5% | |||
Constellation Brands, Inc., Class A | 110,615 | $ 27,245,581 | |
$ 27,245,581 | |||
Biotechnology — 3.1% | |||
AbbVie, Inc. | 226,997 | $ 32,576,339 | |
Neurocrine Biosciences, Inc.(2) | 270,982 | 25,507,536 | |
$ 58,083,875 | |||
Building Products — 1.5% | |||
Johnson Controls International PLC | 514,662 | $ 27,745,429 | |
$ 27,745,429 | |||
Capital Markets — 6.5% | |||
Charles Schwab Corp. (The)(1) | 414,903 | $ 28,649,052 | |
Goldman Sachs Group, Inc. (The)(1) | 104,489 | 34,835,588 | |
S&P Global, Inc. | 49,025 | 18,478,993 | |
State Street Corp. | 291,243 | 20,689,903 | |
Stifel Financial Corp. | 322,786 | 19,305,831 | |
$ 121,959,367 | |||
Chemicals — 0.8% | |||
Linde PLC | 47,346 | $ 14,298,492 | |
$ 14,298,492 |
Security | Shares | Value | |
Communications Equipment — 1.6% | |||
Cisco Systems, Inc. | 662,822 | $ 30,072,234 | |
$ 30,072,234 | |||
Containers & Packaging — 1.7% | |||
Ball Corp. | 178,956 | $ 13,138,950 | |
Packaging Corp. of America | 130,023 | 18,282,534 | |
$ 31,421,484 | |||
Diversified Telecommunication Services — 2.3% | |||
Verizon Communications, Inc.(1) | 909,291 | $ 42,000,151 | |
$ 42,000,151 | |||
Electric Utilities — 3.7% | |||
Edison International | 291,093 | $ 19,727,372 | |
NextEra Energy, Inc.(1) | 591,334 | 49,961,810 | |
$ 69,689,182 | |||
Electrical Equipment — 1.6% | |||
Eaton Corp. PLC | 202,956 | $ 30,116,641 | |
$ 30,116,641 | |||
Entertainment — 1.7% | |||
Walt Disney Co. (The)(1)(2) | 298,943 | $ 31,717,852 | |
$ 31,717,852 | |||
Equity Real Estate Investment Trusts (REITs) — 4.4% | |||
CubeSmart | 423,209 | $ 19,412,597 | |
EastGroup Properties, Inc. | 120,793 | 20,600,038 | |
Invitation Homes, Inc. | 183,056 | 7,144,676 | |
Mid-America Apartment Communities, Inc. | 192,694 | 35,789,056 | |
$ 82,946,367 | |||
Food & Staples Retailing — 2.2% | |||
BJ's Wholesale Club Holdings, Inc.(2) | 466,555 | $ 31,585,773 | |
Performance Food Group Co.(2) | 193,673 | 9,627,485 | |
$ 41,213,258 | |||
Food Products — 1.5% | |||
Hershey Co. (The) | 49,952 | $ 11,387,058 | |
Mondelez International, Inc., Class A | 257,389 | 16,483,192 | |
$ 27,870,250 | |||
Health Care Equipment & Supplies — 2.8% | |||
Abbott Laboratories | 181,772 | $ 19,784,065 |
1
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Health Care Equipment & Supplies (continued) | |||
Teleflex, Inc. | 65,000 | $ 15,629,900 | |
Zimmer Biomet Holdings, Inc. | 144,665 | 15,969,569 | |
$ 51,383,534 | |||
Hotels, Restaurants & Leisure — 0.7% | |||
Papa John's International, Inc. | 141,451 | $ 13,563,736 | |
$ 13,563,736 | |||
Insurance — 4.6% | |||
Allstate Corp. (The)(1) | 97,897 | $ 11,451,012 | |
American International Group, Inc.(1) | 627,891 | 32,505,917 | |
Arch Capital Group, Ltd.(2) | 270,708 | 12,019,435 | |
Reinsurance Group of America, Inc. | 113,823 | 13,178,427 | |
Travelers Cos., Inc. (The) | 105,607 | 16,759,831 | |
$ 85,914,622 | |||
Interactive Media & Services — 2.8% | |||
Alphabet, Inc., Class C(1)(2) | 443,060 | $ 51,678,518 | |
$ 51,678,518 | |||
IT Services — 2.3% | |||
Euronet Worldwide, Inc.(2) | 86,264 | $ 8,477,163 | |
Fidelity National Information Services, Inc.(1) | 338,560 | 34,587,290 | |
$ 43,064,453 | |||
Life Sciences Tools & Services — 3.9% | |||
Thermo Fisher Scientific, Inc.(1) | 76,036 | $ 45,500,703 | |
Waters Corp.(2) | 74,452 | 27,102,761 | |
$ 72,603,464 | |||
Machinery — 2.6% | |||
Ingersoll Rand, Inc. | 206,888 | $ 10,303,022 | |
Parker-Hannifin Corp. | 28,254 | 8,167,949 | |
Westinghouse Air Brake Technologies Corp. | 322,784 | 30,170,621 | |
$ 48,641,592 | |||
Media — 0.9% | |||
Fox Corp., Class A | 510,076 | $ 16,888,616 | |
$ 16,888,616 | |||
Metals & Mining — 0.7% | |||
Steel Dynamics, Inc. | 157,754 | $ 12,285,882 | |
$ 12,285,882 |
Security | Shares | Value | |
Multiline Retail — 1.4% | |||
Dollar Tree, Inc.(2) | 163,768 | $ 27,080,677 | |
$ 27,080,677 | |||
Multi-Utilities — 2.6% | |||
CMS Energy Corp. | 286,019 | $ 19,658,086 | |
Sempra Energy | 179,252 | 29,719,982 | |
$ 49,378,068 | |||
Oil, Gas & Consumable Fuels — 8.3% | |||
Chevron Corp.(1) | 325,792 | $ 53,358,214 | |
ConocoPhillips | 532,771 | 51,907,878 | |
EOG Resources, Inc. | 229,926 | 25,572,370 | |
EQT Corp. | 546,156 | 24,047,249 | |
$ 154,885,711 | |||
Personal Products — 0.9% | |||
Estee Lauder Cos., Inc. (The), Class A | 60,964 | $ 16,649,268 | |
$ 16,649,268 | |||
Pharmaceuticals — 9.0% | |||
Bristol-Myers Squibb Co. | 373,399 | $ 27,549,378 | |
Johnson & Johnson(1) | 360,368 | 62,891,424 | |
Royalty Pharma PLC, Class A | 274,827 | 11,952,226 | |
Sanofi | 319,201 | 31,720,127 | |
Zoetis, Inc. | 181,489 | 33,130,817 | |
$ 167,243,972 | |||
Road & Rail — 0.7% | |||
CSX Corp. | 393,549 | $ 12,723,439 | |
$ 12,723,439 | |||
Semiconductors & Semiconductor Equipment — 3.6% | |||
Micron Technology, Inc.(1) | 401,403 | $ 24,830,790 | |
QUALCOMM, Inc. | 74,970 | 10,875,148 | |
Texas Instruments, Inc. | 172,078 | 30,783,033 | |
$ 66,488,971 | |||
Software — 1.5% | |||
VMware, Inc., Class A | 244,347 | $ 28,393,121 | |
$ 28,393,121 | |||
Specialty Retail — 2.0% | |||
Lithia Motors, Inc. | 64,290 | $ 17,054,851 |
2
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Specialty Retail (continued) | |||
Lowe's Cos., Inc. | 59,081 | $ 11,315,784 | |
TJX Cos., Inc. (The)(1) | 145,581 | 8,903,734 | |
$ 37,274,369 | |||
Technology Hardware, Storage & Peripherals — 1.0% | |||
Apple, Inc.(1) | 59,265 | $ 9,631,155 | |
HP, Inc. | 264,165 | 8,820,470 | |
$ 18,451,625 | |||
Total Common Stocks (identified cost $1,342,995,194) | $1,812,481,657 |
Corporate Bonds — 15.9% |
Security | Principal Amount (000's omitted) | Value | |
Banks — 9.0% | |||
Australia & New Zealand Banking Group, Ltd., 6.75% to 6/15/26(3)(4)(5) | $ | 1,110 | $ 1,133,127 |
Banco Bilbao Vizcaya Argentaria S.A., 6.125% to 11/16/27(4)(5) | 5,600 | 4,918,082 | |
Banco Davivienda S.A., 6.65% to 4/22/31(3)(4)(5) | 1,800 | 1,358,907 | |
Banco Mercantil del Norte S.A./Grand Cayman: | |||
7.50% to 6/27/29(3)(4)(5) | 4,421 | 3,979,674 | |
7.625% to 1/10/28(3)(4)(5) | 2,101 | 1,978,070 | |
8.375% to 10/14/30(3)(4)(5) | 2,300 | 2,188,784 | |
Bank of America Corp., Series TT, 6.125% to 4/27/27(4)(5) | 12,096 | 12,186,720 | |
Barclays PLC, 6.125% to 12/15/25(4)(5) | 5,000 | 4,827,750 | |
BNP Paribas S.A., 4.625% to 2/25/31(3)(4)(5) | 6,987 | 5,644,206 | |
Citigroup, Inc., Series M, 6.30% to 5/15/24(4)(5) | 9,050 | 8,777,858 | |
Credit Suisse Group AG: | |||
5.25% to 2/11/27(3)(4)(5) | 2,350 | 1,944,625 | |
7.50% to 7/17/23(3)(4)(5) | 3,250 | 3,028,350 | |
9.75% to 6/23/27(3)(4)(5) | 6,445 | 6,860,702 | |
Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28(3)(4)(5) | 5,827 | 5,461,327 | |
HSBC Holdings PLC: | |||
4.60% to 12/17/30(4)(5) | 6,367 | 5,331,089 | |
6.00% to 5/22/27(4)(5) | 5,200 | 5,001,524 | |
Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30(4)(5) | 5,549 | 5,521,255 | |
ING Groep NV, 6.50% to 4/16/25(4)(5) | 4,900 | 4,832,723 | |
JPMorgan Chase & Co.: | |||
Series KK, 3.65% to 6/1/26(4)(5) | 2,140 | 1,963,878 | |
Series X, 6.10% to 10/1/24(4)(5) | 9,409 | 9,420,526 |
Security | Principal Amount (000's omitted) | Value | |
Banks (continued) | |||
Lloyds Banking Group PLC, 7.50% to 6/27/24(4)(5) | $ | 11,145 | $ 11,273,930 |
Natwest Group PLC: | |||
4.60% to 6/28/31(4)(5) | 1,477 | 1,168,768 | |
6.00% to 12/29/25(4)(5) | 3,129 | 3,060,569 | |
8.00% to 8/10/25(4)(5) | 8,348 | 8,631,206 | |
PNC Financial Services Group, Inc. (The), Series U, 6.00% to 5/15/27(4)(5) | 5,000 | 5,043,750 | |
Societe Generale S.A.: | |||
4.75% to 5/26/26(3)(4)(5) | 6,471 | 5,660,416 | |
5.375% to 11/18/30(3)(4)(5) | 6,741 | 5,673,317 | |
Standard Chartered PLC: | |||
4.75% to 1/14/31(3)(4)(5) | 4,440 | 3,566,919 | |
6.00% to 7/26/25(3)(4)(5) | 5,938 | 5,906,104 | |
SVB Financial Group., Series C, 4.00% to 5/15/26(4)(5) | 2,774 | 2,252,213 | |
Truist Financial Corp., Series Q, 5.10% to 3/1/30(4)(5) | 1,848 | 1,776,856 | |
UBS Group AG, 4.875% to 2/12/27(3)(4)(5) | 5,500 | 4,914,980 | |
UniCredit SpA, 7.296% to 4/2/29, 4/2/34(3)(5) | 7,295 | 6,769,007 | |
Wells Fargo & Co., Series BB, 3.90% to 3/15/26(4)(5) | 2,770 | 2,567,444 | |
Zions Bancorp NA, 5.80% to 6/15/23(4)(5) | 2,743 | 2,639,069 | |
$ 167,263,725 | |||
Capital Markets — 1.2% | |||
AerCap Holdings NV, 5.875% to 10/10/24, 10/10/79(5) | $ | 6,430 | $ 5,716,013 |
Charles Schwab Corp. (The), Series I, 4.00% to 6/1/26(4)(5) | 12,298 | 11,198,805 | |
UBS Group AG: | |||
4.375% to 2/10/31(3)(4)(5) | 1,499 | 1,208,569 | |
6.875% to 8/7/25(4)(5)(6) | 4,298 | 4,403,395 | |
$ 22,526,782 | |||
Diversified Financial Services — 0.6% | |||
American AgCredit Corp., Series QIB, 5.25% to 6/15/26(3)(4)(5) | $ | 9,955 | $ 9,146,156 |
Goldman Sachs Group, Inc. (The), Series V, 4.125% to 11/10/26(4)(5) | 2,007 | 1,768,238 | |
Unifin Financiera SAB de CV, 7.375%, 2/12/26(3) | 2,410 | 1,285,338 | |
$ 12,199,732 | |||
Electric Utilities — 0.6% | |||
Dominion Energy, Inc., Series C, 4.35% to 1/15/27(4)(5) | $ | 1,933 | $ 1,768,686 |
Edison International, Series B, 5.00% to 12/15/26(4)(5) | 1,455 | 1,231,051 |
3
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Electric Utilities (continued) | |||
Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76(5) | $ | 5,475 | $ 5,461,571 |
Southern California Edison Co., Series E, 6.981%, (3 mo. USD LIBOR + 4.199%), 9/12/22(7) | 3,225 | 2,975,624 | |
$ 11,436,932 | |||
Food Products — 0.6% | |||
Land O' Lakes, Inc., 8.00%(3)(4) | $ | 11,397 | $ 11,566,075 |
$ 11,566,075 | |||
Gas Utilities — 0.4% | |||
NiSource, Inc., 5.65% to 6/15/23(4)(5) | $ | 9,015 | $ 8,260,628 |
$ 8,260,628 | |||
Independent Power and Renewable Electricity Producers — 0.3% | |||
Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82(5) | $ | 5,554 | $ 4,911,402 |
$ 4,911,402 | |||
Insurance — 0.8% | |||
Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51(3)(5) | $ | 5,580 | $ 4,647,968 |
Prudential Financial, Inc., 5.125% to 11/28/31, 3/1/52(5) | 2,904 | 2,779,522 | |
QBE Insurance Group, Ltd., 5.875% to 5/12/25(3)(4)(5) | 7,054 | 6,884,704 | |
$ 14,312,194 | |||
Multi-Utilities — 0.6% | |||
Centerpoint Energy, Inc., Series A, 6.125% to 9/1/23(4)(5) | $ | 11,713 | $ 10,578,036 |
$ 10,578,036 | |||
Oil, Gas & Consumable Fuels — 1.5% | |||
DCP Midstream, L.P., Series A, 7.375% to 12/15/22(4)(5) | $ | 11,560 | $ 10,520,578 |
EnLink Midstream Partners, L.P., Series C, 6.00% to 12/15/22(4)(5) | 9,365 | 6,534,007 | |
Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22(4)(5) | 14,630 | 11,247,937 | |
$ 28,302,522 |
Security | Principal Amount (000's omitted) | Value | |
Pipelines — 0.3% | |||
Energy Transfer, L.P., Series B, 6.625% to 2/15/28(4)(5) | $ | 6,395 | $ 4,885,782 |
$ 4,885,782 | |||
Total Corporate Bonds (identified cost $322,327,780) | $ 296,243,810 |
Exchange-Traded Funds — 2.6% |
Security | Shares | Value | |
Equity Funds — 2.6% | |||
Global X U.S. Preferred ETF | 1,030,400 | $ 23,080,960 | |
iShares Preferred & Income Securities ETF | 720,806 | 25,062,425 | |
Total Exchange-Traded Funds (identified cost $49,219,672) | $ 48,143,385 |
Preferred Stocks — 7.1% |
Security | Shares | Value | |
Banks — 2.2% | |||
AgriBank FCB, 6.875% to 1/1/24(5) | 92,513 | $ 9,482,582 | |
CoBank ACB, Series F, 6.25% to 10/1/22(5) | 78,033 | 7,861,825 | |
Farm Credit Bank of Texas, 6.75% to 9/15/23(3)(5) | 13,800 | 1,417,950 | |
First Republic Bank: | |||
Series M, 4.00% | 313,300 | 5,752,188 | |
Series N, 4.50% | 115,013 | 2,338,214 | |
JPMorgan Chase & Co.: | |||
Series JJ, 4.55% | 90,400 | 1,911,960 | |
Series LL, 4.625% | 212,000 | 4,555,880 | |
Truist Financial Corp., 5.25% | 79,793 | 1,941,364 | |
Wells Fargo & Co., Series L, 7.50% (Convertible) | 4,925 | 6,249,825 | |
$ 41,511,788 | |||
Capital Markets — 0.6% | |||
Affiliated Managers Group, Inc., 4.75% | 204,750 | $ 4,291,560 | |
Stifel Financial Corp., Series D, 4.50% | 362,000 | 7,095,200 | |
$ 11,386,760 | |||
Electric Utilities — 1.3% | |||
Brookfield BRP Holdings Canada, Inc., 4.625% | 338,000 | $ 6,232,720 | |
SCE Trust III, Series H, 5.75% to 3/15/24(5) | 133,767 | 2,949,562 | |
SCE Trust IV, Series J, 5.375% to 9/15/25(5) | 70,515 | 1,434,980 | |
SCE Trust V, Series K, 5.45% to 3/15/26(5) | 130,020 | 3,045,069 |
4
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Electric Utilities (continued) | |||
SCE Trust VI, 5.00% | 10,556 | $ 210,592 | |
Southern Co. (The), 4.95% | 430,000 | 10,053,400 | |
$ 23,926,323 | |||
Equity Real Estate Investment Trusts (REITs) — 0.2% | |||
SITE Centers Corp., Series A, 6.375% | 164,660 | $ 4,246,581 | |
$ 4,246,581 | |||
Food Products — 0.3% | |||
Ocean Spray Cranberries, Inc., Series A, 6.25%(3) | 57,835 | $ 5,790,729 | |
$ 5,790,729 | |||
Insurance — 0.4% | |||
American Equity Investment Life Holding Co., Series B, 6.625% to 9/1/25(5) | 266,832 | $ 6,854,914 | |
$ 6,854,914 | |||
Oil, Gas & Consumable Fuels — 0.7% | |||
NuStar Energy, L.P., Series B, 7.673%, (3 mo. USD LIBOR + 5.643%)(7) | 653,604 | $ 13,693,004 | |
$ 13,693,004 | |||
Pipelines — 0.4% | |||
Energy Transfer, L.P.: | |||
Series C, 7.375% to 5/15/23(5) | 210,000 | $ 4,769,100 | |
Series E, 7.60% to 5/15/24(5) | 108,840 | 2,579,508 | |
$ 7,348,608 | |||
Real Estate Management & Development — 0.5% | |||
Brookfield Property Partners, L.P.: | |||
Series A-1, 6.50% | 185,075 | $ 4,158,636 | |
Series A2, 6.375% | 242,352 | 5,169,368 | |
$ 9,328,004 | |||
Telecommunications — 0.5% | |||
United States Cellular Corp., 5.50% | 396,000 | $ 8,276,400 | |
$ 8,276,400 | |||
Total Preferred Stocks (identified cost $144,189,726) | $ 132,363,111 |
Short-Term Investments — 1.2% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 1.60%(8) | 21,213,022 | $ 21,213,022 | |
Total Short-Term Investments (identified cost $21,213,022) | $ 21,213,022 | ||
Total Investments — 124.0%(9) (identified cost $1,879,945,394) | $2,310,444,985 | ||
Other Assets, Less Liabilities — (24.0)% | $ (446,564,524) | ||
Net Assets — 100.0% | $1,863,880,461 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
(1) | All or a portion of this security was on loan at July 31, 2022 pursuant to the Liquidity Agreement. The aggregate market value of securities on loan at July 31, 2022 was $341,600,765 and the total market value of the collateral received by State Street Bank and Trust Company was $344,478,750, comprised of cash. |
(2) | Non-income producing security. |
(3) | 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, 2022, the aggregate value of these securities is $108,016,004 or 5.8% of the Fund's net assets. |
(4) | Perpetual security with no stated maturity date but may be subject to calls by the issuer. |
(5) | Security converts to variable rate after the indicated fixed-rate coupon period. |
(6) | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At July 31, 2022, the aggregate value of these securities is $4,403,395 or 0.2% of the Fund's net assets. |
(7) | Variable rate security. The stated interest rate represents the rate in effect at July 31, 2022. |
(8) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of July 31, 2022. |
(9) | The Fund has granted a security interest in all the Fund’s investments, unless otherwise pledged, in connection with the Liquidity Agreement. |
5
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Country Concentration of Portfolio | ||
Country | Percentage of Total Investments | Value |
United States | 87.2% | $2,015,010,636 |
Ireland | 2.8 | 63,578,083 |
United Kingdom | 2.6 | 60,720,085 |
France | 2.1 | 48,698,066 |
Switzerland | 1.0 | 22,360,621 |
Canada | 0.7 | 16,605,693 |
Mexico | 0.4 | 9,431,866 |
Australia | 0.3 | 8,017,831 |
Italy | 0.3 | 6,769,007 |
Spain | 0.2 | 4,918,082 |
Netherlands | 0.2 | 4,832,723 |
Colombia | 0.1 | 1,358,907 |
Exchange-Traded Funds | 2.1 | 48,143,385 |
Total Investments | 100.0% | $2,310,444,985 |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
USD | 2,217,172 | EUR | 2,060,677 | Bank of America, N.A. | 8/31/22 | $106,851 | $ — |
USD | 560,036 | EUR | 520,000 | UBS AG | 8/31/22 | 27,509 | — |
USD | 7,751,261 | GBP | 6,148,246 | UBS AG | 8/31/22 | 259,007 | — |
$393,367 | $ — |
Abbreviations: | |
LIBOR | – London Interbank Offered Rate |
OTC | – Over-the-counter |
Currency Abbreviations: | |
EUR | – Euro |
GBP | – British Pound Sterling |
USD | – United States Dollar |
At July 31, 2022, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
The Fund is subject to foreign exchange risk in the normal course of pursuing its investment objective. The Fund enters into forward foreign currency exchange contracts to seek to hedge against fluctuations in currency exchange rates.
6
Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Affiliated Investments
At July 31, 2022, the value of the Fund's investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio (Liquidity Fund) and Eaton Vance Cash Reserves Fund, LLC (Cash Reserves Fund) was $21,213,022, which represents 1.2% of the Fund's net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended July 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 |
Short-Term Investments | ||||||||
Cash Reserves Fund | $10,376,085 | $210,063,023 | $(220,438,954) | $(154) | $ — | $ — | $10,417 | — |
Liquidity Funds | — | 174,289,850 | (153,076,828) | — | — | 21,213,022 | 56,081 | 21,213,022 |
Total | $(154) | $ — | $21,213,022 | $66,498 |
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.
At July 31, 2022, the hierarchy of inputs used in valuing the Fund's investments and open derivative instruments, which are carried at value, were as follows:
Asset Description | Level 1 | Level 2 | Level 3 | Total |
Common Stocks: | ||||
Communication Services | $ 142,285,137 | $ — | $ — | $ 142,285,137 |
Consumer Discretionary | 77,918,782 | — | — | 77,918,782 |
Consumer Staples | 112,978,357 | — | — | 112,978,357 |
Energy | 154,885,711 | — | — | 154,885,711 |
Financials | 326,778,998 | — | — | 326,778,998 |
Health Care | 317,594,718 | 31,720,127 | — | 349,314,845 |
Industrials | 201,829,948 | — | — | 201,829,948 |
Information Technology | 186,470,404 | — | — | 186,470,404 |
Materials | 58,005,858 | — | — | 58,005,858 |
Real Estate | 82,946,367 | — | — | 82,946,367 |
Utilities | 119,067,250 | — | — | 119,067,250 |
Total Common Stocks | $1,780,761,530 | $31,720,127* | $ — | $1,812,481,657 |
Corporate Bonds | $ — | $296,243,810 | $ — | $ 296,243,810 |
Exchange-Traded Funds | 48,143,385 | — | — | 48,143,385 |
Preferred Stocks: | ||||
Communication Services | 8,276,400 | — | — | 8,276,400 |
Consumer Staples | — | 5,790,729 | — | 5,790,729 |
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Eaton Vance
Tax-Advantaged Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Asset Description (continued) | Level 1 | Level 2 | Level 3 | Total |
Energy | $ 21,041,612 | $ — | $ — | $ 21,041,612 |
Financials | 40,991,105 | 18,762,357 | — | 59,753,462 |
Real Estate | 13,574,585 | — | — | 13,574,585 |
Utilities | 23,926,323 | — | — | 23,926,323 |
Total Preferred Stocks | $ 107,810,025 | $ 24,553,086 | $ — | $ 132,363,111 |
Short-Term Investments | $ 21,213,022 | $ — | $ — | $ 21,213,022 |
Total Investments | $1,957,927,962 | $352,517,023 | $ — | $2,310,444,985 |
Forward Foreign Currency Exchange Contracts | $ — | $ 393,367 | $ — | $ 393,367 |
Total | $1,957,927,962 | $352,910,390 | $ — | $2,310,838,352 |
* | Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets. |
For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent financial statements included in its semiannual or annual report to shareholders.
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