Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited)
Common Stocks — 110.2% |
Security | Shares | Value | |
Aerospace & Defense — 1.7% | |||
Safran S.A. | 166,010 | $ 23,871,492 | |
$ 23,871,492 | |||
Air Freight & Logistics — 1.7% | |||
GXO Logistics, Inc.(1)(2) | 434,759 | $ 22,750,938 | |
$ 22,750,938 | |||
Automobiles — 1.1% | |||
Stellantis NV | 510,886 | $ 8,031,634 | |
Tesla, Inc.(1) | 39,138 | 6,779,484 | |
$ 14,811,118 | |||
Banks — 7.5% | |||
Banco Santander S.A. | 6,165,227 | $ 21,547,094 | |
Citigroup, Inc. | 290,924 | 15,192,051 | |
HDFC Bank, Ltd. | 783,134 | 15,433,109 | |
HSBC Holdings PLC | 2,469,972 | 18,199,608 | |
M&T Bank Corp. | 65,697 | 10,248,732 | |
Toronto-Dominion Bank (The) | 139,323 | 9,639,679 | |
U.S. Bancorp | 263,928 | 13,143,615 | |
$ 103,403,888 | |||
Beverages — 3.8% | |||
Coca-Cola Co. (The)(2) | 539,550 | $ 33,085,206 | |
Diageo PLC | 426,613 | 18,654,110 | |
$ 51,739,316 | |||
Biotechnology — 1.7% | |||
CSL, Ltd. | 110,710 | $ 23,376,462 | |
$ 23,376,462 | |||
Building Products — 1.5% | |||
Assa Abloy AB, Class B | 500,223 | $ 11,783,378 | |
Daikin Industries, Ltd. | 49,035 | 8,517,114 | |
$ 20,300,492 | |||
Capital Markets — 2.3% | |||
London Stock Exchange Group PLC | 93,688 | $ 8,576,656 | |
State Street Corp. | 143,123 | 13,071,424 | |
Stifel Financial Corp. | 153,710 | 10,361,591 | |
$ 32,009,671 |
Security | Shares | Value | |
Electric Utilities — 4.3% | |||
Enel SpA | 3,953,640 | $ 23,279,508 | |
Iberdrola S.A. | 1,643,845 | 19,285,204 | |
NextEra Energy, Inc.(2) | 232,091 | 17,320,951 | |
$ 59,885,663 | |||
Electrical Equipment — 2.7% | |||
AMETEK, Inc.(2) | 145,442 | $ 21,077,454 | |
Schneider Electric SE | 98,131 | 15,918,374 | |
$ 36,995,828 | |||
Electronic Equipment, Instruments & Components — 4.9% | |||
CDW Corp. | 111,442 | $ 21,845,975 | |
Halma PLC | 445,443 | 11,859,486 | |
Keyence Corp. | 19,499 | 8,976,731 | |
Keysight Technologies, Inc.(1)(2) | 53,695 | 9,630,198 | |
TE Connectivity, Ltd. | 118,640 | 15,085,076 | |
$ 67,397,466 | |||
Entertainment — 2.4% | |||
Walt Disney Co. (The)(1) | 307,151 | $ 33,322,812 | |
$ 33,322,812 | |||
Equity Real Estate Investment Trusts (REITs) — 1.1% | |||
Healthpeak Properties, Inc. | 526,776 | $ 14,475,804 | |
$ 14,475,804 | |||
Food Products — 4.4% | |||
Mondelez International, Inc., Class A | 375,114 | $ 24,547,460 | |
Nestle S.A. | 297,560 | 36,305,012 | |
$ 60,852,472 | |||
Gas Utilities — 0.8% | |||
Snam SpA | 2,286,569 | $ 11,646,707 | |
$ 11,646,707 | |||
Health Care Equipment & Supplies — 5.3% | |||
Alcon, Inc. | 158,568 | $ 11,965,304 | |
Boston Scientific Corp.(1)(2) | 484,257 | 22,396,886 | |
Intuitive Surgical, Inc.(1)(2) | 71,838 | 17,649,878 | |
Siemens Healthineers AG(3) | 220,827 | 11,842,658 | |
Straumann Holding AG | 65,230 | 8,541,020 | |
$ 72,395,746 | |||
Hotels, Restaurants & Leisure — 2.9% | |||
Compass Group PLC | 1,199,607 | $ 28,656,216 |
1
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Hotels, Restaurants & Leisure (continued) | |||
InterContinental Hotels Group PLC | 164,908 | $ 11,448,499 | |
$ 40,104,715 | |||
Industrial Conglomerates — 1.5% | |||
Siemens AG | 135,179 | $ 21,115,673 | |
$ 21,115,673 | |||
Insurance — 4.7% | |||
AIA Group, Ltd. | 1,198,164 | $ 13,548,412 | |
Allstate Corp. (The) | 66,743 | 8,574,473 | |
Assurant, Inc. | 78,020 | 10,344,672 | |
Aviva PLC | 1,588,538 | 8,924,558 | |
AXA S.A. | 362,053 | 11,295,699 | |
RenaissanceRe Holdings, Ltd. | 58,598 | 11,467,043 | |
$ 64,154,857 | |||
Interactive Media & Services — 3.2% | |||
Alphabet, Inc., Class C(1)(2) | 444,443 | $ 44,386,522 | |
$ 44,386,522 | |||
Internet & Direct Marketing Retail — 2.4% | |||
Amazon.com, Inc.(1)(2) | 323,116 | $ 33,322,953 | |
$ 33,322,953 | |||
IT Services — 3.4% | |||
Amadeus IT Group S.A.(1) | 196,359 | $ 12,371,393 | |
Fidelity National Information Services, Inc.(2) | 210,190 | 15,772,658 | |
Visa, Inc., Class A | 78,377 | 18,043,169 | |
$ 46,187,220 | |||
Leisure Products — 0.9% | |||
Yamaha Corp. | 328,107 | $ 12,758,135 | |
$ 12,758,135 | |||
Life Sciences Tools & Services — 1.3% | |||
Danaher Corp. | 65,786 | $ 17,392,503 | |
$ 17,392,503 | |||
Machinery — 1.4% | |||
Ingersoll Rand, Inc. | 214,762 | $ 12,026,672 | |
Kone Oyj, Class B | 134,473 | 7,315,466 | |
$ 19,342,138 | |||
Metals & Mining — 2.1% | |||
Anglo American PLC | 364,558 | $ 15,723,524 |
Security | Shares | Value | |
Metals & Mining (continued) | |||
Rio Tinto, Ltd. | 140,707 | $ 12,626,660 | |
$ 28,350,184 | |||
Multiline Retail — 1.5% | |||
Dollar Tree, Inc.(1)(2) | 140,255 | $ 21,063,496 | |
$ 21,063,496 | |||
Multi-Utilities — 0.5% | |||
CMS Energy Corp. | 109,933 | $ 6,946,666 | |
$ 6,946,666 | |||
Oil, Gas & Consumable Fuels — 4.4% | |||
Chevron Corp.(2) | 14,073 | $ 2,448,983 | |
ConocoPhillips | 251,437 | 30,642,627 | |
EOG Resources, Inc. | 211,942 | 28,029,330 | |
$ 61,120,940 | |||
Personal Products — 0.5% | |||
Kose Corp. | 65,038 | $ 7,175,829 | |
$ 7,175,829 | |||
Pharmaceuticals — 9.0% | |||
AstraZeneca PLC | 131,789 | $ 17,266,001 | |
Eli Lilly & Co.(2) | 41,851 | 14,403,022 | |
Novo Nordisk A/S, Class B | 181,368 | 25,099,475 | |
Roche Holding AG PC | 75,890 | 23,690,609 | |
Sanofi | 255,620 | 25,031,441 | |
Zoetis, Inc. | 108,738 | 17,995,052 | |
$ 123,485,600 | |||
Professional Services — 3.7% | |||
Recruit Holdings Co., Ltd. | 479,334 | $ 15,415,506 | |
RELX PLC | 556,463 | 16,531,905 | |
SGS S.A. | 3,085 | 7,497,679 | |
Verisk Analytics, Inc. | 62,463 | 11,355,149 | |
$ 50,800,239 | |||
Semiconductors & Semiconductor Equipment — 5.1% | |||
ASML Holding NV | 36,793 | $ 24,344,002 | |
Infineon Technologies AG | 403,221 | 14,520,172 | |
Micron Technology, Inc.(2) | 245,722 | 14,817,037 | |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 182,169 | 16,892,531 | |
$ 70,573,742 |
2
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Software — 7.0% | |||
Adobe, Inc.(1)(2) | 52,594 | $ 19,477,662 | |
Intuit, Inc. | 40,968 | 17,315,945 | |
Microsoft Corp.(2) | 243,635 | 60,375,189 | |
$ 97,168,796 | |||
Specialty Retail — 1.4% | |||
TJX Cos., Inc. (The) | 241,574 | $ 19,775,248 | |
$ 19,775,248 | |||
Technology Hardware, Storage & Peripherals — 2.7% | |||
Apple, Inc.(2) | 255,207 | $ 36,823,818 | |
$ 36,823,818 | |||
Textiles, Apparel & Luxury Goods — 1.1% | |||
LVMH Moet Hennessy Louis Vuitton SE | 17,141 | $ 14,963,675 | |
$ 14,963,675 | |||
Tobacco — 0.8% | |||
Imperial Brands PLC | 453,613 | $ 11,379,436 | |
$ 11,379,436 | |||
Trading Companies & Distributors — 1.5% | |||
Ashtead Group PLC | 155,641 | $ 10,251,881 | |
IMCD NV | 69,378 | 10,998,620 | |
$ 21,250,501 | |||
Total Common Stocks (identified cost $1,358,454,060) | $1,518,878,761 |
Corporate Bonds — 11.8% |
Security | Principal Amount (000's omitted) | Value | |
Banks — 7.0% | |||
Australia & New Zealand Banking Group, Ltd., 6.75% to 6/15/26(3)(4)(5) | $ | 375 | $ 378,501 |
Banco Davivienda S.A., 6.65% to 4/22/31(3)(4)(5) | 1,000 | 786,998 | |
Banco Mercantil del Norte S.A./Grand Cayman: | |||
7.50% to 6/27/29(3)(4)(5) | 2,470 | 2,380,080 | |
7.625% to 1/10/28(3)(4)(5) | 1,160 | 1,148,852 | |
8.375% to 10/14/30(3)(4)(5) | 1,105 | 1,137,265 | |
Bank of America Corp.: | |||
3.846% to 3/8/32, 3/8/37(5) | 75 | 65,451 | |
Series TT, 6.125% to 4/27/27(4)(5) | 2,338 | 2,346,183 |
Security | Principal Amount (000's omitted) | Value | |
Banks (continued) | |||
Bank of Nova Scotia (The), 8.625% to 10/27/27, 10/27/82(5) | $ | 3,385 | $ 3,606,617 |
Barclays PLC: | |||
6.125% to 12/15/25(4)(5) | 3,796 | 3,629,887 | |
8.00% to 3/15/29(4)(5) | 3,629 | 3,653,133 | |
Bilbao Vizcaya Argentaria S.A., 6.125% to 11/16/27(4)(5) | 3,800 | 3,531,557 | |
BNP Paribas S.A.: | |||
4.625% to 2/25/31(3)(4)(5) | 1,210 | 992,815 | |
7.75% to 8/16/29(3)(4)(5) | 3,950 | 4,098,125 | |
Citigroup, Inc., Series W, 4.00% to 12/10/25(4)(5) | 7,326 | 6,795,900 | |
Credit Suisse Group AG: | |||
5.25% to 2/11/27(3)(4)(5) | 1,289 | 969,972 | |
9.75% to 6/23/27(3)(4)(5) | 6,437 | 6,259,982 | |
Farm Credit Bank of Texas, Series 3, 6.20% to 6/15/28(3)(4)(5) | 3,200 | 2,896,000 | |
HSBC Holdings PLC, 4.60% to 12/17/30(4)(5) | 3,637 | 3,092,359 | |
Huntington Bancshares, Inc., Series F, 5.625% to 7/15/30(4)(5) | 2,926 | 2,888,550 | |
ING Groep NV, 6.50% to 4/16/25(4)(5) | 983 | 962,146 | |
JPMorgan Chase & Co., Series KK, 3.65% to 6/1/26(4)(5) | 3,253 | 2,972,429 | |
Lloyds Banking Group PLC, 7.50% to 6/27/24(4)(5) | 6,125 | 6,087,760 | |
Natwest Group PLC: | |||
4.60% to 6/28/31(4)(5) | 752 | 578,100 | |
6.00% to 12/29/25(4)(5) | 1,642 | 1,572,215 | |
8.00% to 8/10/25(4)(5) | 5,035 | 5,097,711 | |
PNC Financial Services Group, Inc. (The), Series V, 6.20% to 9/15/27(4)(5) | 2,475 | 2,481,930 | |
Societe Generale S.A.: | |||
5.375% to 11/18/30(3)(4)(5) | 3,548 | 3,059,900 | |
9.375% to 11/22/27(3)(4)(5) | 662 | 712,477 | |
Standard Chartered PLC, 4.75% to 1/14/31(3)(4)(5) | 2,349 | 2,014,913 | |
SVB Financial Group., Series C, 4.00% to 5/15/26(4)(5) | 1,461 | 1,171,530 | |
Toronto-Dominion Bank (The), 8.125% to 10/31/27, 10/31/82(5) | 4,575 | 4,866,656 | |
UBS Group AG: | |||
4.375% to 2/10/31(3)(4)(5) | 2,750 | 2,261,600 | |
6.875% to 8/7/25(4)(5)(6) | 1,471 | 1,464,123 | |
UniCredit SpA, 7.296% to 4/2/29, 4/2/34(3)(5) | 3,765 | 3,664,520 | |
Wells Fargo & Co., Series BB, 3.90% to 3/15/26(4)(5) | 5,420 | 4,999,950 | |
Zions Bancorp NA, 5.80% to 6/15/23(4)(5) | 1,501 | 1,480,821 | |
$ 96,107,008 | |||
Capital Markets — 0.5% | |||
AerCap Holdings NV, 5.875% to 10/10/24, 10/10/79(5) | $ | 3,510 | $ 3,366,933 |
3
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Principal Amount (000's omitted) | Value | |
Capital Markets (continued) | |||
Charles Schwab Corp. (The), Series I, 4.00% to 6/1/26(4)(5) | $ | 3,551 | $ 3,276,330 |
$ 6,643,263 | |||
Diversified Financial Services — 0.4% | |||
Alpha Holding S.A. de CV: | |||
9.00%, 2/10/25(3)(7) | $ | 3,050 | $ 45,746 |
10.00%, 12/19/22(3)(7) | 443 | 2,722 | |
American AgCredit Corp., Series QIB, 5.25% to 6/15/26(3)(4)(5) | 5,139 | 4,528,744 | |
Goldman Sachs Group, Inc. (The), Series V, 4.125% to 11/10/26(4)(5) | 1,046 | 931,702 | |
Unifin Financiera SAB de CV, 7.375%, 2/12/26(3)(7) | 1,325 | 59,625 | |
$ 5,568,539 | |||
Electric Utilities — 1.0% | |||
Dominion Energy, Inc., Series C, 4.35% to 1/15/27(4)(5) | $ | 1,941 | $ 1,746,900 |
Edison International, Series B, 5.00% to 12/15/26(4)(5) | 757 | 674,934 | |
Emera, Inc., Series 16-A, 6.75% to 6/15/26, 6/15/76(5) | 3,025 | 2,982,297 | |
Sempra Energy, 4.125% to 1/1/27, 4/1/52(5) | 4,252 | 3,728,351 | |
Southern California Edison Co., Series E, 8.639%, (3 mo. USD LIBOR + 4.199%)(4)(8) | 1,705 | 1,692,212 | |
Southern Co. (The), Series 21-A, 3.75% to 6/15/26, 9/15/51(5) | 2,980 | 2,601,081 | |
$ 13,425,775 | |||
Food Products — 0.4% | |||
Land O' Lakes, Inc., 8.00%(3)(4) | $ | 5,982 | $ 5,659,929 |
$ 5,659,929 | |||
Gas Utilities — 0.3% | |||
NiSource, Inc., 5.65% to 6/15/23(4)(5) | $ | 4,965 | $ 4,841,160 |
$ 4,841,160 | |||
Independent Power and Renewable Electricity Producers — 0.2% | |||
Algonquin Power & Utilities Corp., 4.75% to 1/18/27, 1/18/82(5) | $ | 2,886 | $ 2,442,220 |
$ 2,442,220 | |||
Insurance — 1.1% | |||
Corebridge Financial, Inc., 6.875% to 9/15/27, 12/15/52(3)(5) | $ | 3,575 | $ 3,561,344 |
Liberty Mutual Group, Inc., 4.125% to 9/15/26, 12/15/51(3)(5) | 3,300 | 2,828,892 | |
Lincoln National Corp., 9.25% to 12/1/27(4)(5) | 1,046 | 1,158,445 |
Security | Principal Amount (000's omitted) | Value | |
Insurance (continued) | |||
Prudential Financial, Inc., 5.125% to 11/28/31, 3/1/52(5) | $ | 1,490 | $ 1,391,995 |
QBE Insurance Group, Ltd., 5.875% to 5/12/25(3)(4)(5) | 6,060 | 5,984,250 | |
$ 14,924,926 | |||
Multi-Utilities — 0.2% | |||
Centerpoint Energy, Inc., Series A, 6.125% to 9/1/23(4)(5) | $ | 2,795 | $ 2,751,328 |
$ 2,751,328 | |||
Oil and Gas — 0.2% | |||
Petroleos Mexicanos, 6.50%, 3/13/27 | $ | 2,750 | $ 2,599,636 |
$ 2,599,636 | |||
Oil, Gas & Consumable Fuels — 0.4% | |||
EnLink Midstream Partners, L.P., Series C, 8.879%, (3 mo. USD LIBOR + 4.11%)(4)(8) | $ | 3,952 | $ 3,325,509 |
Odebrecht Oil & Gas Finance, Ltd., 0.00%(3)(4) | 6,981 | 6,981 | |
Plains All American Pipeline, L.P., Series B, 8.716%, (3 mo. USD LIBOR + 4.11%)(4)(8) | 2,668 | 2,441,220 | |
$ 5,773,710 | |||
Pipelines — 0.1% | |||
Energy Transfer, L.P., Series B, 6.625% to 2/15/28(4)(5) | $ | 2,514 | $ 2,109,070 |
$ 2,109,070 | |||
Total Corporate Bonds (identified cost $179,797,491) | $ 162,846,564 |
Exchange-Traded Funds — 0.3% |
Security | Shares | Value | |
Equity Funds — 0.3% | |||
Global X U.S. Preferred ETF | 81,664 | $ 1,765,576 | |
iShares Preferred & Income Securities ETF | 51,619 | 1,734,398 | |
Total Exchange-Traded Funds (identified cost $3,538,239) | $ 3,499,974 |
Preferred Stocks — 5.3% |
Security | Shares | Value | |
Banks — 1.3% | |||
AgriBank FCB, 6.875% to 1/1/24(5) | 50,890 | $ 5,097,906 |
4
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
Security | Shares | Value | |
Banks (continued) | |||
Farm Credit Bank of Texas, 6.75% to 9/15/23(3)(5) | 4,562 | $ 459,374 | |
First Republic Bank: | |||
Series M, 4.00% | 160,200 | 2,928,456 | |
Series N, 4.50% | 56,986 | 1,131,172 | |
JPMorgan Chase & Co., Series LL, 4.625% | 353,588 | 7,598,606 | |
Wells Fargo & Co., Series L, 7.50% (Convertible) | 826 | 1,039,100 | |
$ 18,254,614 | |||
Capital Markets — 0.6% | |||
Affiliated Managers Group, Inc., 4.75% | 143,480 | $ 2,869,600 | |
KKR Group Finance Co. IX, LLC, 4.625% | 191,825 | 3,792,380 | |
Stifel Financial Corp., Series D, 4.50% | 115,200 | 2,215,296 | |
$ 8,877,276 | |||
Electric Utilities — 0.7% | |||
Brookfield BRP Holdings Canada, Inc., 4.625% | 178,000 | $ 3,163,060 | |
SCE Trust III, Series H, 5.75% to 3/15/24(5) | 70,122 | 1,567,227 | |
SCE Trust IV, Series J, 5.375% to 9/15/25(5) | 37,216 | 748,041 | |
SCE Trust V, Series K, 5.45% to 3/15/26(5) | 68,884 | 1,531,291 | |
SCE Trust VI, 5.00% | 5,588 | 116,119 | |
Southern Co. (The), 4.95% | 125,000 | 2,820,000 | |
$ 9,945,738 | |||
Equity Real Estate Investment Trusts (REITs) — 0.2% | |||
SITE Centers Corp., Series A, 6.375% | 88,127 | $ 2,206,700 | |
$ 2,206,700 | |||
Insurance — 0.6% | |||
American Equity Investment Life Holding Co., Series B, 6.625% to 9/1/25(5) | 168,102 | $ 4,321,903 | |
Arch Capital Group, Ltd., Series G, 4.55% | 84,578 | 1,690,714 | |
RenaissanceRe Holdings, Ltd., Series G, 4.20% | 150,000 | 2,727,000 | |
$ 8,739,617 | |||
Oil, Gas & Consumable Fuels — 0.6% | |||
NuStar Energy, L.P., Series B, 10.379%, (3 mo. USD LIBOR + 5.643%)(8) | 359,474 | $ 8,354,176 | |
$ 8,354,176 | |||
Pipelines — 0.4% | |||
Energy Transfer, L.P.: | |||
Series C, 7.375% to 5/15/23(5) | 116,000 | $ 2,766,600 | |
Series E, 7.60% to 5/15/24(5) | 100,950 | 2,422,800 | |
$ 5,189,400 |
Security | Shares | Value | |
Real Estate Management & Development — 0.5% | |||
Brookfield Property Partners, L.P.: | |||
Series A, 5.75% | 115,762 | $ 2,111,499 | |
Series A-1, 6.50% | 102,075 | 2,059,874 | |
Series A2, 6.375% | 134,005 | 2,662,679 | |
$ 6,834,052 | |||
Telecommunications — 0.4% | |||
United States Cellular Corp., 5.50% | 282,650 | $ 5,243,158 | |
$ 5,243,158 | |||
Total Preferred Stocks (identified cost $82,412,555) | $ 73,644,731 |
Miscellaneous — 0.0% |
Security | Principal Amount | Value | |
Diversified Financial Services — 0.0% | |||
Alpha Holding S.A., Escrow Certificates(1)(9) | $ | 7,410,000 | $ 0 |
Total Miscellaneous (identified cost $0) | $ 0 |
Short-Term Investments — 1.0% |
Security | Shares | Value | |
Morgan Stanley Institutional Liquidity Funds - Government Portfolio, Institutional Class, 4.14%(10) | 14,394,394 | $ 14,394,394 | |
Total Short-Term Investments (identified cost $14,394,394) | $ 14,394,394 | ||
Total Investments — 128.6%(11) (identified cost $1,638,596,739) | $1,773,264,424 | ||
Other Assets, Less Liabilities — (28.6)% | $ (394,789,950) | ||
Net Assets — 100.0% | $1,378,474,474 |
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 January 31, 2023 pursuant to the Liquidity Agreement. The aggregate market value of securities on loan at January 31, 2023 was $312,652,803 and the total market value of the collateral received by State Street Bank and Trust Company was $315,197,830, comprised of cash. |
5
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
(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 January 31, 2023, the aggregate value of these securities is $67,742,265 or 4.9% 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 January 31, 2023, the aggregate value of these securities is $1,464,123 or 0.1% 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 January 31, 2023. |
(9) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
(10) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2023. |
(11) | 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 | 52.3% | $927,730,260 |
United Kingdom | 11.5 | 203,197,958 |
Switzerland | 6.4 | 114,040,377 |
France | 5.6 | 99,943,998 |
Spain | 3.2 | 56,735,248 |
Japan | 3.0 | 52,843,315 |
Germany | 2.7 | 47,478,503 |
Netherlands | 2.5 | 44,336,402 |
Australia | 2.4 | 42,365,873 |
Italy | 2.2 | 38,590,735 |
Canada | 1.5 | 26,700,529 |
Denmark | 1.4 | 25,099,475 |
Taiwan | 0.9 | 16,892,531 |
India | 0.9 | 15,433,109 |
Bermuda | 0.8 | 14,194,043 |
Hong Kong | 0.8 | 13,548,412 |
Sweden | 0.7 | 11,783,378 |
Mexico | 0.4 | 7,373,926 |
Finland | 0.4 | 7,315,466 |
Ireland | 0.2 | 3,366,933 |
Colombia | 0.0(1) | 786,998 |
Brazil | 0.0(1) | 6,981 |
Exchange-Traded Funds | 0.2 | 3,499,974 |
Total Investments | 100.0% | $1,773,264,424 |
(1) | Amount is less than 0.05%. |
Futures Contracts | |||||
Description | Number of Contracts | Position | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) |
Equity Futures | |||||
E-Mini S&P 500 Index | 55 | Long | 3/17/23 | $ 11,247,500 | $477,772 |
STOXX Europe 600 Utilities Index | (546) | Short | 3/17/23 | (10,880,396) | (44,934) |
$432,838 |
Abbreviations: | |
ADR | – American Depositary Receipt |
LIBOR | – London Interbank Offered Rate |
PC | – Participation Certificate |
Currency Abbreviations: | |
USD | – United States Dollar |
At January 31, 2023, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.
6
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
The Fund is subject to equity price risk in the normal course of pursuing its investment objective. The Fund enters 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.
Affiliated Investments
At January 31, 2023, the value of the Fund's investment in funds that may be deemed to be affiliated was $14,394,394, which represents 1.0% of the Fund's net assets. Transactions in such funds by the Fund for the fiscal year to date ended January 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 |
Short-Term Investments | ||||||||
Liquidity Fund, Institutional Class(1) | $11,487,539 | $65,319,516 | $(62,412,661) | $ — | $ — | $14,394,394 | $140,355 | 14,394,394 |
(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 January 31, 2023, 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 | $ 77,709,334 | $ — | $ — | $ 77,709,334 |
Consumer Discretionary | 80,941,181 | 75,858,159 | — | 156,799,340 |
Consumer Staples | 57,632,666 | 73,514,387 | — | 131,147,053 |
Energy | 61,120,940 | — | — | 61,120,940 |
Financials | 102,043,280 | 97,525,136 | — | 199,568,416 |
Health Care | 89,837,341 | 146,812,970 | — | 236,650,311 |
Industrials | 67,210,213 | 149,217,088 | — | 216,427,301 |
Information Technology | 246,079,258 | 72,071,784 | — | 318,151,042 |
Materials | — | 28,350,184 | — | 28,350,184 |
Real Estate | 14,475,804 | — | — | 14,475,804 |
Utilities | 24,267,617 | 54,211,419 | — | 78,479,036 |
Total Common Stocks | $821,317,634 | $697,561,127** | $ — | $1,518,878,761 |
Corporate Bonds | $ ��� | $162,846,564 | $ — | $ 162,846,564 |
Exchange-Traded Funds | 3,499,974 | — | — | 3,499,974 |
Preferred Stocks: | ||||
Communication Services | 5,243,158 | — | — | 5,243,158 |
Energy | 13,543,576 | — | — | 13,543,576 |
7
Eaton Vance
Tax-Advantaged Global Dividend Income Fund
January 31, 2023
Portfolio of Investments (Unaudited) — continued
Asset Description (continued) | Level 1 | Level 2 | Level 3* | Total |
Financials | $ 30,314,227 | $ 5,557,280 | $ — | $ 35,871,507 |
Real Estate | 9,040,752 | — | — | 9,040,752 |
Utilities | 9,945,738 | — | — | 9,945,738 |
Total Preferred Stocks | $ 68,087,451 | $ 5,557,280 | $ — | $ 73,644,731 |
Miscellaneous | $ — | $ — | $ 0 | $ 0 |
Short-Term Investments | 14,394,394 | — | — | 14,394,394 |
Total Investments | $907,299,453 | $865,964,971 | $ 0 | $1,773,264,424 |
Futures Contracts | $ 477,772 | $ — | $ — | $ 477,772 |
Total | $907,777,225 | $865,964,971 | $ 0 | $1,773,742,196 |
Liability Description | ||||
Futures Contracts | $ (44,934) | $ — | $ — | $ (44,934) |
Total | $ (44,934) | $ — | $ — | $ (44,934) |
* | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund. |
** | 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. |
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 January 31, 2023 is not presented.
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