Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited)
Common Stocks — 107.5% |
Security | Shares | Value | |
Aerospace & Defense — 1.3% | |||
Safran S.A. | 166,010 | $ 18,247,077 | |
$ 18,247,077 | |||
Air Freight & Logistics — 0.8% | |||
GXO Logistics, Inc.(1)(2) | 226,609 | $ 10,877,232 | |
$ 10,877,232 | |||
Automobiles — 0.8% | |||
Stellantis NV | 816,980 | $ 11,732,039 | |
$ 11,732,039 | |||
Banks — 7.4% | |||
Banco Santander S.A. | 2,899,770 | $ 7,254,849 | |
Bank of New York Mellon Corp. (The) | 200,472 | 8,712,513 | |
Citigroup, Inc. | 262,055 | 13,600,654 | |
Credit Agricole S.A. | 949,141 | 8,745,223 | |
HDFC Bank, Ltd. | 490,572 | 8,972,108 | |
ING Groep NV | 752,948 | 7,314,004 | |
M&T Bank Corp. | 86,767 | 15,396,804 | |
Standard Chartered PLC | 1,001,898 | 6,905,771 | |
Toronto-Dominion Bank (The) | 197,346 | 12,818,898 | |
Wells Fargo & Co. | 282,071 | 12,374,455 | |
$ 102,095,279 | |||
Beverages — 4.3% | |||
Coca-Cola Co. (The)(2) | 555,551 | $ 35,649,708 | |
Diageo PLC | 499,699 | 23,671,669 | |
$ 59,321,377 | |||
Biotechnology — 1.5% | |||
CSL, Ltd. | 101,471 | $ 20,661,218 | |
$ 20,661,218 | |||
Building Products — 1.3% | |||
Assa Abloy AB, Class B | 500,223 | $ 11,818,279 | |
Kingspan Group PLC | 101,826 | 6,591,001 | |
$ 18,409,280 | |||
Capital Markets — 1.8% | |||
State Street Corp. | 250,624 | $ 17,804,329 |
Security | Shares | Value | |
Capital Markets (continued) | |||
Stifel Financial Corp. | 110,926 | $ 6,634,484 | |
$ 24,438,813 | |||
Diversified Financial Services — 0.7% | |||
London Stock Exchange Group PLC | 100,532 | $ 9,811,187 | |
$ 9,811,187 | |||
Electric Utilities — 2.3% | |||
Iberdrola S.A. | 1,599,417 | $ 17,079,332 | |
Iberdrola S.A.(1) | 44,428 | 473,602 | |
NextEra Energy, Inc. | 172,803 | 14,600,125 | |
$ 32,153,059 | |||
Electrical Equipment — 2.3% | |||
AMETEK, Inc.(2) | 145,442 | $ 17,962,087 | |
Schneider Electric SE | 98,131 | 13,571,893 | |
$ 31,533,980 | |||
Electronic Equipment, Instruments & Components — 5.1% | |||
CDW Corp.(2) | 133,856 | $ 24,298,880 | |
Halma PLC | 445,443 | 12,544,956 | |
Keyence Corp. | 27,849 | 11,037,731 | |
Keysight Technologies, Inc.(1) | 53,695 | 8,730,807 | |
TE Connectivity, Ltd. | 107,941 | 14,434,950 | |
$ 71,047,324 | |||
Entertainment — 2.2% | |||
Walt Disney Co. (The)(1)(2) | 280,357 | $ 29,745,878 | |
$ 29,745,878 | |||
Equity Real Estate Investment Trusts (REITs) — 1.1% | |||
Healthpeak Properties, Inc.(2) | 526,776 | $ 14,554,821 | |
$ 14,554,821 | |||
Food Products — 4.3% | |||
Mondelez International, Inc., Class A | 394,667 | $ 25,274,475 | |
Nestle S.A. | 283,352 | 34,718,347 | |
$ 59,992,822 | |||
Health Care Equipment & Supplies — 4.0% | |||
Alcon, Inc. | 113,602 | $ 8,940,941 | |
Boston Scientific Corp.(1)(2) | 590,124 | 24,224,590 | |
Intuitive Surgical, Inc.(1)(2) | 57,225 | 13,171,478 | |
Straumann Holding AG | 65,230 | 8,822,390 | |
$ 55,159,399 |
1
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Health Care Providers & Services — 0.9% | |||
Elevance Health, Inc.(2) | 25,662 | $ 12,243,340 | |
$ 12,243,340 | |||
Hotels, Restaurants & Leisure — 2.7% | |||
Compass Group PLC | 1,199,607 | $ 28,114,510 | |
InterContinental Hotels Group PLC | 164,908 | 9,774,936 | |
$ 37,889,446 | |||
Industrial Conglomerates — 1.4% | |||
Siemens AG | 174,457 | $ 19,459,625 | |
$ 19,459,625 | |||
Insurance — 1.7% | |||
Ageas S.A./NV | 129,361 | $ 5,645,999 | |
AIA Group, Ltd. | 1,105,593 | 11,107,499 | |
AXA S.A. | 266,758 | 6,146,773 | |
$ 22,900,271 | |||
Interactive Media & Services — 4.4% | |||
Alphabet, Inc., Class C(1) | 521,540 | $ 60,832,426 | |
$ 60,832,426 | |||
Internet & Direct Marketing Retail — 3.2% | |||
Amazon.com, Inc.(1)(2) | 330,551 | $ 44,607,857 | |
$ 44,607,857 | |||
IT Services — 5.0% | |||
Amadeus IT Group S.A.(1) | 196,359 | $ 11,449,733 | |
Fidelity National Information Services, Inc.(2) | 220,425 | 22,518,618 | |
Global Payments, Inc. | 82,553 | 10,097,883 | |
Visa, Inc., Class A | 116,225 | 24,652,484 | |
$ 68,718,718 | |||
Leisure Products — 1.1% | |||
Yamaha Corp. | 357,732 | $ 15,258,718 | |
$ 15,258,718 | |||
Life Sciences Tools & Services — 1.5% | |||
Danaher Corp.(2) | 63,914 | $ 18,629,014 | |
Lonza Group AG | 3,442 | 2,091,880 | |
$ 20,720,894 | |||
Machinery — 2.5% | |||
Graco, Inc. | 167,469 | $ 11,247,218 |
Security | Shares | Value | |
Machinery (continued) | |||
Ingersoll Rand, Inc. | 300,130 | $ 14,946,474 | |
SMC Corp. | 16,719 | 8,239,730 | |
$ 34,433,422 | |||
Metals & Mining — 1.4% | |||
Anglo American PLC | 305,881 | $ 11,056,022 | |
Rio Tinto, Ltd. | 116,454 | 8,068,463 | |
$ 19,124,485 | |||
Multi-Utilities — 0.5% | |||
CMS Energy Corp. | 109,933 | $ 7,555,695 | |
$ 7,555,695 | |||
Oil, Gas & Consumable Fuels — 5.0% | |||
Chevron Corp. | 28,772 | $ 4,712,278 | |
ConocoPhillips | 251,437 | 24,497,507 | |
EOG Resources, Inc. | 233,619 | 25,983,105 | |
Pioneer Natural Resources Co. | 56,368 | 13,356,398 | |
$ 68,549,288 | |||
Personal Products — 0.4% | |||
Kose Corp. | 65,038 | $ 5,805,415 | |
$ 5,805,415 | |||
Pharmaceuticals — 9.5% | |||
AstraZeneca PLC | 179,165 | $ 23,567,580 | |
Eli Lilly & Co.(2) | 70,218 | 23,150,173 | |
Novo Nordisk A/S, Class B | 197,361 | 22,987,376 | |
Roche Holding AG PC | 70,931 | 23,549,412 | |
Sanofi | 214,252 | 21,290,976 | |
Zoetis, Inc. | 91,074 | 16,625,559 | |
$ 131,171,076 | |||
Professional Services — 3.1% | |||
Recruit Holdings Co., Ltd. | 285,878 | $ 10,684,127 | |
RELX PLC | 697,580 | 20,654,954 | |
Verisk Analytics, Inc. | 62,463 | 11,883,586 | |
$ 43,222,667 | |||
Semiconductors & Semiconductor Equipment — 4.7% | |||
ASML Holding NV | 41,830 | $ 24,042,122 | |
Infineon Technologies AG | 501,594 | 13,755,947 | |
Micron Technology, Inc. | 245,722 | 15,200,363 | |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 138,834 | 12,284,032 | |
$ 65,282,464 |
2
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Software — 7.4% | |||
Adobe, Inc.(1)(2) | 41,251 | $ 16,917,860 | |
Dassault Systemes SE | 171,135 | 7,340,266 | |
Intuit, Inc. | 28,640 | 13,064,709 | |
Microsoft Corp.(2) | 233,381 | 65,519,382 | |
$ 102,842,217 | |||
Specialty Retail — 2.1% | |||
Lowe's Cos., Inc. | 59,945 | $ 11,481,266 | |
TJX Cos., Inc. (The)(2) | 290,586 | 17,772,240 | |
$ 29,253,506 | |||
Technology Hardware, Storage & Peripherals — 3.1% | |||
Apple, Inc.(2) | 259,933 | $ 42,241,712 | |
$ 42,241,712 | |||
Textiles, Apparel & Luxury Goods — 2.4% | |||
adidas AG | 108,758 | $ 18,814,207 | |
LVMH Moet Hennessy Louis Vuitton SE | 20,734 | 14,396,735 | |
$ 33,210,942 | |||
Trading Companies & Distributors — 0.9% | |||
Ashtead Group PLC | 232,105 | $ 13,065,123 | |
$ 13,065,123 | |||
Wireless Telecommunication Services — 1.4% | |||
Vodafone Group PLC | 12,938,060 | $ 19,066,265 | |
$ 19,066,265 | |||
Total Common Stocks (identified cost $1,315,054,349) | $1,487,236,357 |
Corporate Bonds — 11.2% |
Security | Principal Amount (000's omitted) | Value | |
Banks — 5.7% | |||
Australia & New Zealand Banking Group, Ltd., 6.75% to 6/15/26(3)(4)(5) | $ | 375 | $ 382,813 |
Banco Bilbao Vizcaya Argentaria S.A., 6.125% to 11/16/27(4)(5) | 3,800 | 3,337,270 | |
Banco Davivienda S.A., 6.65% to 4/22/31(3)(4)(5) | 1,000 | 754,949 | |
Banco Mercantil del Norte S.A./Grand Cayman: | |||
7.50% to 6/27/29(3)(4)(5) | 2,470 | 2,223,432 | |
7.625% to 1/10/28(3)(4)(5) | 1,160 | 1,092,128 | |
8.375% to 10/14/30(3)(4)(5) | 1,105 | 1,051,568 |
Security | Principal Amount (000's omitted) | Value | |
Banks (continued) | |||
Bank of America Corp., Series TT, 6.125% to 4/27/27(4)(5) | $ | 2,496 | $ 2,514,720 |
Barclays PLC, 6.125% to 12/15/25(4)(5) | 2,500 | 2,413,875 | |
BNP Paribas S.A., 4.625% to 2/25/31(3)(4)(5) | 4,110 | 3,320,121 | |
Citigroup, Inc., Series M, 6.30% to 5/15/24(4)(5) | 6,675 | 6,474,276 | |
Credit Suisse Group AG: | |||
5.25% to 2/11/27(3)(4)(5) | 1,289 | 1,066,648 | |
7.50% to 7/17/23(3)(4)(5) | 1,782 | 1,660,468 | |
9.75% to 6/23/27(3)(4)(5) | 3,375 | 3,592,688 | |
Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28(3)(4)(5) | 3,200 | 2,999,184 | |
HSBC Holdings PLC, 4.60% to 12/17/30(4)(5) | 3,637 | 3,045,260 | |
Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30(4)(5) | 2,926 | 2,911,370 | |
ING Groep NV, 6.50% to 4/16/25(4)(5) | 3,100 | 3,057,437 | |
JPMorgan Chase & Co., Series KK, 3.65% to 6/1/26(4)(5) | 9,303 | 8,537,363 | |
Lloyds Banking Group PLC, 7.50% to 6/27/24(4)(5) | 6,125 | 6,195,857 | |
Natwest Group PLC: | |||
4.60% to 6/28/31(4)(5) | 752 | 595,067 | |
6.00% to 12/29/25(4)(5) | 1,642 | 1,606,089 | |
8.00% to 8/10/25(4)(5) | 5,035 | 5,205,812 | |
Societe Generale S.A.: | |||
4.75% to 5/26/26(3)(4)(5) | 3,417 | 2,988,972 | |
5.375% to 11/18/30(3)(4)(5) | 3,548 | 2,986,045 | |
Standard Chartered PLC, 4.75% to 1/14/31(3)(4)(5) | 2,349 | 1,887,093 | |
SVB Financial Group., Series C, 4.00% to 5/15/26(4)(5) | 1,461 | 1,186,187 | |
UniCredit SpA, 7.296% to 4/2/29, 4/2/34(3)(5) | 3,765 | 3,493,531 | |
Wells Fargo & Co., Series BB, 3.90% to 3/15/26(4)(5) | 1,425 | 1,320,797 | |
Zions Bancorp NA, 5.80% to 6/15/23(4)(5) | 1,501 | 1,444,128 | |
$ 79,345,148 | |||
Capital Markets — 0.8% | |||
AerCap Holdings NV, 5.875% to 10/10/24, 10/10/79(5) | $ | 3,510 | $ 3,120,250 |
Charles Schwab Corp. (The), Series I, 4.00% to 6/1/26(4)(5) | 3,551 | 3,233,612 | |
UBS Group AG: | |||
4.375% to 2/10/31(3)(4)(5) | 2,750 | 2,217,187 | |
6.875% to 8/7/25(4)(5)(6) | 2,364 | 2,421,970 | |
$ 10,993,019 | |||
Diversified Financial Services — 0.5% | |||
Alpha Holding S.A. de CV: | |||
9.00%, 2/10/25(3)(7) | $ | 3,235 | $ 202,188 |
10.00%, 12/19/22(3)(7) | 470 | 25,145 |
3
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Diversified Financial Services (continued) | |||
American AgCredit Corp., Series QIB, 5.25% to 6/15/26(3)(4)(5) | $ | 5,139 | $ 4,721,456 |
Goldman Sachs Group, Inc. (The), Series V, 4.125% to 11/10/26(4)(5) | 1,046 | 921,563 | |
Unifin Financiera SAB de CV, 7.375%, 2/12/26(3) | 1,325 | 706,669 | |
$ 6,577,021 | |||
Electric Utilities — 1.1% | |||
Dominion Energy, Inc., Series C, 4.35% to 1/15/27(4)(5) | $ | 1,941 | $ 1,776,006 |
Edison International, Series B, 5.00% to 12/15/26(4)(5) | 757 | 640,485 | |
Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76(5) | 3,025 | 3,017,580 | |
Sempra Energy, 4.125% to 1/1/27, 4/1/52(5) | 4,252 | 3,599,386 | |
Southern California Edison Co., Series E, 6.981%, (3 mo. USD LIBOR + 4.199%), 9/12/22(8) | 1,705 | 1,573,160 | |
Southern Co. (The): | |||
Series 21-A, 3.75% to 6/15/26, 9/15/51(5) | 2,980 | 2,633,992 | |
Series B, 5.459%, (3 mo. USD LIBOR + 3.63%), 3/15/57(8) | 2,469 | 2,460,358 | |
$ 15,700,967 | |||
Food Products — 0.4% | |||
Land O' Lakes, Inc., 8.00%(3)(4) | $ | 5,982 | $ 6,070,743 |
$ 6,070,743 | |||
Gas Utilities — 0.3% | |||
NiSource, Inc., 5.65% to 6/15/23(4)(5) | $ | 4,965 | $ 4,549,530 |
$ 4,549,530 | |||
Independent Power and Renewable Electricity Producers — 0.2% | |||
Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82(5) | $ | 2,886 | $ 2,552,090 |
$ 2,552,090 | |||
Insurance — 0.5% | |||
Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51(3)(5) | $ | 1,499 | $ 1,248,621 |
Prudential Financial, Inc., 5.125% to 11/28/31, 3/1/52(5) | 1,490 | 1,426,132 | |
QBE Insurance Group, Ltd., 5.875% to 5/12/25(3)(4)(5) | 3,702 | 3,613,152 | |
$ 6,287,905 |
Security | Principal Amount (000's omitted) | Value | |
Multi-Utilities — 0.4% | |||
Centerpoint Energy, Inc., Series A, 6.125% to 9/1/23(4)(5) | $ | 6,450 | $ 5,825,009 |
$ 5,825,009 | |||
Oil, Gas & Consumable Fuels — 1.1% | |||
DCP Midstream, L.P., Series A, 7.375% to 12/15/22(4)(5) | $ | 6,375 | $ 5,801,789 |
EnLink Midstream Partners, L.P., Series C, 6.00% to 12/15/22(4)(5) | 4,900 | 3,418,755 | |
Odebrecht Oil & Gas Finance, Ltd., 0.00%(3)(4) | 6,981 | 36,649 | |
Plains All American Pipeline, L.P., Series B, 6.125% to 11/15/22(4)(5) | 8,080 | 6,212,121 | |
$ 15,469,314 | |||
Pipelines — 0.2% | |||
Energy Transfer, L.P., Series B, 6.625% to 2/15/28(4)(5) | $ | 2,514 | $ 1,920,697 |
$ 1,920,697 | |||
Total Corporate Bonds (identified cost $179,205,406) | $ 155,291,443 |
Exchange-Traded Funds — 0.9% |
Security | Shares | Value | |
Equity Funds — 0.9% | |||
Global X U.S. Preferred ETF | 284,290 | $ 6,368,096 | |
iShares Preferred & Income Securities ETF | 180,332 | 6,270,144 | |
Total Exchange-Traded Funds (identified cost $13,555,344) | $ 12,638,240 |
Preferred Stocks — 5.2% |
Security | Shares | Value | |
Banks — 1.5% | |||
AgriBank FCB, 6.875% to 1/1/24(5) | 50,890 | $ 5,216,225 | |
CoBank ACB, Series F, 6.25% to 10/1/22(5) | 37,717 | 3,799,988 | |
Farm Credit Bank of Texas, 6.75% to 9/15/23(3)(5) | 7,600 | 780,900 | |
First Republic Bank: | |||
Series M, 4.00% | 160,200 | 2,941,272 | |
Series N, 4.50% | 56,986 | 1,158,525 | |
JPMorgan Chase & Co., Series LL, 4.625% | 88,050 | 1,892,195 | |
Wells Fargo & Co., Series L, 7.50% (Convertible) | 3,647 | 4,628,043 | |
$ 20,417,148 |
4
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Capital Markets — 0.3% | |||
Affiliated Managers Group, Inc., 4.75% | 105,525 | $ 2,211,804 | |
Stifel Financial Corp., Series D, 4.50% | 115,200 | 2,257,920 | |
$ 4,469,724 | |||
Electric Utilities — 0.7% | |||
Brookfield BRP Holdings Canada, Inc., 4.625% | 178,000 | $ 3,282,320 | |
SCE Trust III, Series H, 5.75% to 3/15/24(5) | 70,901 | 1,563,367 | |
SCE Trust IV, Series J, 5.375% to 9/15/25(5) | 37,216 | 757,345 | |
SCE Trust V, Series K, 5.45% to 3/15/26(5) | 68,884 | 1,613,263 | |
SCE Trust VI, 5.00% | 5,588 | 111,481 | |
Southern Co. (The), 4.95% | 125,000 | 2,922,500 | |
$ 10,250,276 | |||
Equity Real Estate Investment Trusts (REITs) — 0.2% | |||
SITE Centers Corp., Series A, 6.375% | 88,127 | $ 2,272,795 | |
$ 2,272,795 | |||
Food Products — 0.1% | |||
Ocean Spray Cranberries, Inc., Series A, 6.25%(3) | 18,430 | $ 1,845,304 | |
$ 1,845,304 | |||
Insurance — 0.5% | |||
American Equity Investment Life Holding Co., Series B, 6.625% to 9/1/25(5) | 131,832 | $ 3,386,764 | |
RenaissanceRe Holdings, Ltd., Series G, 4.20% | 150,000 | 2,863,500 | |
$ 6,250,264 | |||
Oil, Gas & Consumable Fuels — 0.6% | |||
NuStar Energy, L.P., Series B, 7.673%, (3 mo. USD LIBOR + 5.643%)(8) | 359,474 | $ 7,530,980 | |
$ 7,530,980 | |||
Pipelines — 0.4% | |||
Energy Transfer, L.P.: | |||
Series C, 7.375% to 5/15/23(5) | 116,000 | $ 2,634,360 | |
Series E, 7.60% to 5/15/24(5) | 100,950 | 2,392,515 | |
$ 5,026,875 | |||
Real Estate Management & Development — 0.5% | |||
Brookfield Property Partners, L.P.: | |||
Series A, 5.75% | 117,848 | $ 2,341,640 | |
Series A-1, 6.50% | 102,075 | 2,293,625 | |
Series A2, 6.375% | 134,005 | 2,858,327 | |
$ 7,493,592 |
Security | Shares | Value | |
Telecommunications — 0.4% | |||
United States Cellular Corp., 5.50% | 285,000 | $ 5,956,500 | |
$ 5,956,500 | |||
Total Preferred Stocks (identified cost $80,026,581) | $ 71,513,458 |
Short-Term Investments — 1.3% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 1.60%(9) | 17,936,734 | $ 17,936,734 | |
Total Short-Term Investments (identified cost $17,936,734) | $ 17,936,734 | ||
Total Investments — 126.1%(10) (identified cost $1,605,778,414) | $1,744,616,232 | ||
Other Assets, Less Liabilities — (26.1)% | $ (361,091,393) | ||
Net Assets — 100.0% | $1,383,524,839 |
The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | |
(1) | Non-income producing security. |
(2) | 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 $316,548,413 and the total market value of the collateral received by State Street Bank and Trust Company was $316,901,706, comprised of cash. |
(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 $50,967,654 or 3.7% 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 $2,421,970 or 0.2% of the Fund's net assets. |
(7) | Issuer is in default with respect to interest and/or principal payments. |
(8) | Variable rate security. The stated interest rate represents the rate in effect at July 31, 2022. |
(9) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of July 31, 2022. |
5
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
(10) | The Fund has granted a security interest in all the Fund’s investments, unless otherwise pledged, in connection with the Liquidity Agreement. |
Country Concentration of Portfolio | ||
Country | Percentage of Total Investments | Value |
United States | 56.9% | $992,076,279 |
United Kingdom | 11.4 | 199,182,026 |
Switzerland | 5.9 | 103,516,881 |
France | 5.7 | 99,034,081 |
Germany | 3.0 | 52,029,779 |
Japan | 2.9 | 51,025,721 |
Netherlands | 2.7 | 46,145,602 |
Spain | 2.3 | 39,594,786 |
Australia | 1.9 | 32,725,646 |
Denmark | 1.3 | 22,987,376 |
Canada | 1.2 | 21,670,888 |
Taiwan | 0.7 | 12,284,032 |
Sweden | 0.7 | 11,818,279 |
Hong Kong | 0.6 | 11,107,499 |
Ireland | 0.6 | 9,711,251 |
India | 0.5 | 8,972,108 |
Belgium | 0.3 | 5,645,999 |
Mexico | 0.3 | 5,301,130 |
Italy | 0.2 | 3,493,531 |
Bermuda | 0.2 | 2,863,500 |
Colombia | 0.0(1) | 754,949 |
Brazil | 0.0(1) | 36,649 |
Exchange-Traded Funds | 0.7 | 12,638,240 |
Total Investments | 100.0% | $1,744,616,232 |
(1) | Amount is less than 0.05%. |
Forward Foreign Currency Exchange Contracts (OTC) | |||||||
Currency Purchased | Currency Sold | Counterparty | Settlement Date | Unrealized Appreciation | Unrealized (Depreciation) | ||
USD | 1,193,871 | EUR | 1,109,603 | Bank of America, N.A. | 8/31/22 | $ 57,536 | $ — |
USD | 301,558 | EUR | 280,000 | UBS AG | 8/31/22 | 14,813 | — |
USD | 5,089,975 | GBP | 4,037,334 | UBS AG | 8/31/22 | 170,080 | — |
$242,429 | $ — |
Abbreviations: | |
ADR | – American Depositary Receipt |
LIBOR | – London Interbank Offered Rate |
OTC | – Over-the-counter |
PC | – Participation Certificate |
Currency Abbreviations: | |
EUR | – Euro |
GBP | – British Pound Sterling |
USD | – United States Dollar |
6
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
At July 31, 2022, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
In the normal course of pursuing its investment objective, the Fund is subject to the following risks:
Equity Price Risk: During the period ended July 31, 2022, the Fund entered into equity futures contracts on securities indices to gain or limit exposure to certain markets, particularly in connection with engaging in the dividend capture trading strategy.
Foreign Exchange Risk: The Fund engages in forward foreign currency exchange contracts to seek to hedge against fluctuations in currency exchange rates.
Affiliated Investments
The Fund invested in issuers that may be deemed to be affiliated with Morgan Stanley. At July 31, 2022, the value of the Fund's investment in affiliated issuers and funds was $17,936,734, which represents 1.3% of the Fund's net assets. Transactions in affiliated issuers and 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 |
Common Stocks | ||||||||
Mitsubishi UFJ Financial Group, Inc. | $9,679,338 | $ — | $(10,560,862) | $1,976,377 | $(1,094,853) | $ — | $ — | — |
Short-Term Investments | ||||||||
Eaton Vance Cash Reserves Fund, LLC | — | 192,118,366 | (192,115,423) | (2,943) | — | — | 2,879 | — |
Liquidity Fund, Institutional Class(1) | — | 155,359,475 | (137,422,741) | — | — | 17,936,734 | 35,540 | 17,936,734 |
Total | $1,973,434 | $(1,094,853) | $17,936,734 | $38,419 |
(1) | 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.
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 | $ 90,578,304 | $ 19,066,265 | $ — | $ 109,644,569 |
Consumer Discretionary | 73,861,363 | 98,091,145 | — | 171,952,508 |
Consumer Staples | 60,924,183 | 64,195,431 | — | 125,119,614 |
Energy | 68,549,288 | — | — | 68,549,288 |
Financials | 87,342,137 | 71,903,413 | — | 159,245,550 |
Health Care | 108,044,154 | 131,911,773 | — | 239,955,927 |
Industrials | 66,916,597 | 122,331,809 | — | 189,248,406 |
Information Technology | 269,961,680 | 80,170,755 | — | 350,132,435 |
7
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
July 31, 2022
Portfolio of Investments (Unaudited) — continued
Asset Description (continued) | Level 1 | Level 2 | Level 3 | Total |
Materials | $ — | $ 19,124,485 | $ — | $ 19,124,485 |
Real Estate | 14,554,821 | — | — | 14,554,821 |
Utilities | 22,155,820 | 17,552,934 | — | 39,708,754 |
Total Common Stocks | $862,888,347 | $624,348,010* | $ — | $1,487,236,357 |
Corporate Bonds | $ — | $155,291,443 | $ ��� | $ 155,291,443 |
Exchange-Traded Funds | 12,638,240 | — | — | 12,638,240 |
Preferred Stocks: | ||||
Communication Services | 5,956,500 | — | — | 5,956,500 |
Consumer Staples | — | 1,845,304 | — | 1,845,304 |
Energy | 12,557,855 | — | — | 12,557,855 |
Financials | 21,340,023 | 9,797,113 | — | 31,137,136 |
Real Estate | 9,766,387 | — | — | 9,766,387 |
Utilities | 10,250,276 | — | — | 10,250,276 |
Total Preferred Stocks | $ 59,871,041 | $ 11,642,417 | $ — | $ 71,513,458 |
Short-Term Investments | $ 17,936,734 | $ — | $ — | $ 17,936,734 |
Total Investments | $953,334,362 | $791,281,870 | $ — | $1,744,616,232 |
Forward Foreign Currency Exchange Contracts | $ — | $ 242,429 | $ — | $ 242,429 |
Total | $953,334,362 | $791,524,299 | $ — | $1,744,858,661 |
* | 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.
8