Eaton Vance Enhanced Equity Income Fund II (EOS) NPORT-P Eaton Vance Enhanced Equity Income Fund II (Sep 2020 report)

Eaton Vance

Enhanced Equity Income Fund II

September 30, 2020

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 101.2%⁽¹⁾

Security	Shares		Value
Aerospace & Defense — 1.2%
Hexcel Corp.		211,902	$	7,109,312
Raytheon Technologies Corp.		79,060		4,549,112
			$	11,658,424
Auto Components — 0.7%
Aptiv PLC		69,823	$	6,401,373
			$	6,401,373
Banks — 1.8%
Bank of America Corp.		398,984	$	9,611,525
JPMorgan Chase & Co.		80,853		7,783,718
			$	17,395,243
Beverages — 1.4%
Constellation Brands, Inc., Class A		37,445	$	7,096,202
PepsiCo, Inc.		40,858		5,662,919
			$	12,759,121
Biotechnology — 4.7%
AbbVie, Inc.		117,638	$	10,303,912
Amgen, Inc.		49,947		12,694,530
Argenx SE ADR(2)		36,075		9,470,409
Immunovant, Inc.(2)		102,760		3,616,124
Vertex Pharmaceuticals, Inc.(2)		31,029		8,443,612
			$	44,528,587
Building Products — 0.5%
Trane Technologies PLC		38,268	$	4,639,995
			$	4,639,995
Capital Markets — 0.9%
Charles Schwab Corp. (The)		244,964	$	8,875,046
			$	8,875,046
Commercial Services & Supplies — 0.6%
Waste Connections, Inc.		56,798	$	5,895,632
			$	5,895,632
Containers & Packaging — 0.6%
Avery Dennison Corp.		42,111	$	5,383,470
			$	5,383,470
Electrical Equipment — 1.2%
AMETEK, Inc.		116,228	$	11,553,063
			$	11,553,063

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Security		Shares		Value
Electronic Equipment, Instruments & Components — 1.5%
Zebra Technologies Corp., Class A(2)			54,143	$	13,668,942
				$	13,668,942
Entertainment — 2.8%
Netflix, Inc.(2)			35,306	$	17,654,059
Walt Disney Co. (The)			69,249		8,592,416
				$	26,246,475
Food & Staples Retailing — 0.9%
Sysco Corp.			132,347	$	8,234,630
				$	8,234,630
Food Products — 1.1%
Mondelez International, Inc., Class A			172,656	$	9,919,087
				$	9,919,087
Health Care Equipment & Supplies — 5.2%
Abbott Laboratories			75,401	$	8,205,891
Boston Scientific Corp.(2)			314,860		12,030,800
Haemonetics Corp.(2)			105,867		9,236,896
Intuitive Surgical, Inc.(2)			19,492		13,830,354
Tandem Diabetes Care, Inc.(2)			53,892		6,116,742
				$	49,420,683
Health Care Providers & Services — 3.2%
Centene Corp.(2)			154,501	$	9,012,043
UnitedHealth Group, Inc.			69,350		21,621,250
				$	30,633,293
Hotels, Restaurants & Leisure — 1.5%
Starbucks Corp.			161,872	$	13,908,042
				$	13,908,042
Interactive Media & Services — 10.6%	��
Alphabet, Inc., Class C(2)			39,393	$	57,891,953
Facebook, Inc., Class A(2)			134,482		35,220,836
Twitter, Inc.(2)			150,553		6,699,608
				$	99,812,397
Internet & Direct Marketing Retail — 10.0%
Amazon.com, Inc.(2)			29,938	$	94,266,679
				$	94,266,679
IT Services — 9.4%
GoDaddy, Inc., Class A(2)			80,223	$	6,094,541
PayPal Holdings, Inc.(2)			175,345		34,548,226
Visa, Inc., Class A			240,797		48,152,176
				$	88,794,943

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Security	Shares		Value
Life Sciences Tools & Services — 1.6%
10X Genomics, Inc., Class A(2)		72,388	$	9,025,336
Illumina, Inc.(2)		18,648		5,763,724
			$	14,789,060
Pharmaceuticals — 2.1%
Eli Lilly & Co.		39,740	$	5,882,315
Ipsen S.A.		57,925		6,055,123
Merck & Co., Inc.		90,383		7,497,270
			$	19,434,708
Road & Rail — 1.7%
CSX Corp.		74,570	$	5,791,852
Uber Technologies, Inc.(2)		177,964		6,492,126
Union Pacific Corp.		19,608		3,860,227
			$	16,144,205
Semiconductors & Semiconductor Equipment — 6.7%
Micron Technology, Inc.(2)		326,667	$	15,340,282
NVIDIA Corp.		7,399		4,004,487
QUALCOMM, Inc.		254,982		30,006,282
Texas Instruments, Inc.		95,509		13,637,730
			$	62,988,781
Software — 19.3%
Adobe, Inc.(2)		80,958	$	39,704,232
Intuit, Inc.		56,776		18,520,899
Microsoft Corp.		282,606		59,440,520
Palantir Technologies, Inc., Class A(2)		472,600		4,873,546
SailPoint Technologies Holdings, Inc.(2)		209,959		8,308,078
salesforce.com, inc.(2)		138,504		34,808,825
Zscaler, Inc.(2)		118,811		16,715,519
			$	182,371,619
Specialty Retail — 3.3%
AutoZone, Inc.(2)		4,353	$	5,126,267
Lowe’s Cos., Inc.		95,969		15,917,418
TJX Cos., Inc. (The)		185,707		10,334,595
			$	31,378,280
Technology Hardware, Storage & Peripherals — 5.0%
Apple, Inc.		409,912	$	47,471,909
			$	47,471,909
Textiles, Apparel & Luxury Goods — 1.7%
NIKE, Inc., Class B		130,708	$	16,409,082
			$	16,409,082
Total Common Stocks (identified cost $483,525,491)			$	954,982,769

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Short-Term Investments — 0.1%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.15%(3)		1,306,981	$	1,306,981
Total Short-Term Investments (identified cost $1,306,981)			$	1,306,981
Total Investments — 101.3% (identified cost $484,832,472)			$	956,289,750
Total Written Covered Call Options — (0.7)% (premiums received $14,677,020)			$	(7,018,595	)
Other Assets, Less Liabilities — (0.6)%			$	(5,743,492	)
Net Assets — 100.0%			$	943,527,663

The percentage shown for each investment category in the Portfolio of Investments is based on net assets.

(1) All or a portion of each applicable common stock for which a written call option is outstanding at September 30, 2020 has been pledged as collateral for such written option.

(2) Non-income producing security.

(3) Affiliated investment company, available to Eaton Vance portfolios and funds, which invests in high quality, U.S. dollar denominated money market instruments. The rate shown is the annualized seven-day yield as of September 30, 2020.

Written Covered Call Options — (0.7)%

Exchange-Traded Options — (0.7)%

Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Value
10X Genomics, Inc., Class A		360	$	4,488,480	$	110		10/16/20	$	(549,000	)
Abbott Laboratories		375		4,081,125		115		10/16/20		(18,187	)
AbbVie, Inc.		585		5,124,015		95		11/20/20		(59,963	)
Adobe, Inc.		400		19,617,200		505		10/30/20		(587,000	)
Alphabet, Inc., Class C		195		28,657,200		1,550		10/30/20		(541,125	)
Amazon.com, Inc.		145		45,656,585		3,600		10/16/20		(113,100	)
AMETEK, Inc.		580		5,765,200		110		11/20/20		(76,850	)
Amgen, Inc.		245		6,226,920		265		10/16/20		(52,797	)
Apple, Inc.		2,050		23,741,050		140		10/16/20		(23,575	)
Aptiv PLC		345		3,162,960		93		10/16/20		(107,813	)
Argenx SE ADR		180		4,725,360		270		10/16/20		(107,100	)
AutoZone, Inc.		20		2,355,280		1,250		10/23/20		(16,700	)
Avery Dennison Corp.		210		2,684,640		145		12/18/20		(49,350	)
Bank of America Corp.		1,990		4,793,910		27		10/23/20		(26,865	)
Boston Scientific Corp.		1,570		5,998,970		41		10/16/20		(18,840	)
Centene Corp.		770		4,491,410		68		10/16/20		(8,085	)
Charles Schwab Corp. (The)		1,220		4,420,060		39		10/16/20		(32,330	)

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Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Value
Constellation Brands, Inc., Class A		185	$	3,505,935	$	190		10/2/20	$	(72,150	)
CSX Corp.		370		2,873,790		78		10/16/20		(65,120	)
Eli Lilly & Co.		195		2,886,390		160		10/16/20		(5,850	)
Facebook, Inc., Class A		685		17,940,150		275		10/16/20		(199,335	)
GoDaddy, Inc., Class A		400		3,038,800		90		10/16/20		(5,000	)
Haemonetics Corp.		525		4,580,625		100		10/16/20		(9,187	)
Illumina, Inc.		90		2,781,720		380		10/16/20		(3,375	)
Intuit, Inc.		280		9,133,880		330		10/16/20		(183,400	)
Intuitive Surgical, Inc.		95		6,740,630		730		10/23/20		(185,250	)
JPMorgan Chase & Co.		400		3,850,800		110		10/16/20		(6,600	)
Lowe’s Cos., Inc.		510		8,458,860		165		10/16/20		(237,150	)
Merck & Co., Inc.		450		3,732,750		88		10/16/20		(6,750	)
Micron Technology, Inc.		1,630		7,654,480		55		10/16/20		(15,485	)
Microsoft Corp.		1,410		29,656,530		230		10/16/20		(59,925	)
Mondelez International, Inc., Class A		860		4,940,700		58		10/2/20		(31,390	)
Netflix, Inc.		175		8,750,525		550		11/20/20		(379,313	)
NIKE, Inc., Class B		650		8,160,100		130		11/20/20		(269,750	)
NVIDIA Corp.		35		1,894,270		580		10/30/20		(53,900	)
PayPal Holdings, Inc.		965		19,013,395		210		10/16/20		(176,113	)
PepsiCo, Inc.		200		2,772,000		137		10/30/20		(93,500	)
QUALCOMM, Inc.		1,055		12,415,240		115		10/16/20		(548,600	)
Raytheon Technologies Corp.		395		2,272,830		65		10/16/20		(5,727	)
SailPoint Technologies Holdings, Inc.		1,045		4,135,065		40		10/16/20		(151,525	)
salesforce.com, inc.		690		17,341,080		290		11/20/20		(386,400	)
Starbucks Corp.		805		6,916,560		85		10/16/20		(202,860	)
Sysco Corp.		520		3,235,440		70		10/30/20		(44,200	)
Tandem Diabetes Care, Inc.		265		3,007,750		120		10/16/20		(83,475	)
Texas Instruments, Inc.		475		6,782,525		145		10/16/20		(111,863	)
TJX Cos., Inc. (The)		925		5,147,625		58		10/16/20		(85,563	)
Trane Technologies PLC		190		2,303,750		135		11/20/20		(39,900	)
Twitter, Inc.		750		3,337,500		43		10/16/20		(191,625	)
Uber Technologies, Inc.		885		3,228,480		36		10/16/20		(141,600	)
Union Pacific Corp.		95		1,870,265		200		10/16/20		(28,310	)
UnitedHealth Group, Inc.		345		10,756,065		320		10/23/20		(198,375	)
Vertex Pharmaceuticals, Inc.		155		4,217,860		290		10/16/20		(22,862	)
Visa, Inc., Class A		1,200		23,996,400		215		10/16/20		(43,200	)
Walt Disney Co. (The)		345		4,280,760		135		10/16/20		(9,487	)
Waste Connections, Inc.		280		2,906,400		105		11/20/20		(102,200	)
Zebra Technologies Corp., Class A		270		6,816,420		300		10/16/20		(12,825	)
Zscaler, Inc.		590		8,300,710		150		10/16/20		(160,775	)
Total									$	(7,018,595	)

Abbreviations:
ADR	-	American Depositary Receipt

At September 30, 2020, the Fund had sufficient cash and/or securities to cover commitments under open derivative contracts.

The Fund is subject to equity price risk in the normal course of pursuing its investment objectives. The Fund writes covered call options on individual stocks above the current value of the stock to generate premium income. In writing call options on individual stocks, the Fund in effect, sells potential appreciation in the value of the applicable stock above the exercise price in exchange for the option premium received. The Fund retains the risk of loss, minus the premium received, should the price of the underlying stock decline.

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At September 30, 2020, the value of the Fund’s investment in affiliated funds was $1,306,981, which represents 0.1% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended September 30, 2020 were as follows:

Name of affiliated fund	Value, beginning of period		Purchases		Sales proceeds			Net realized gain (loss)		Change in unrealized appreciation (depreciation)			Value, end of period		Dividend income		Units, end of period
Short-Term Investments
Eaton Vance Cash Reserves Fund, LLC	$	6,620,637	$	110,177,834	$	(115,494,452	)	$	3,566	$	(604	)	$	1,306,981	$	33,794		1,306,981

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 September 30, 2020, 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	$	126,058,872		$	—		$	—	$	126,058,872
Consumer Discretionary		162,363,456			—			—		162,363,456
Consumer Staples		30,912,838			—			—		30,912,838
Financials		26,270,289			—			—		26,270,289
Health Care		152,751,208			6,055,123			—		158,806,331
Industrials		49,891,319			—			—		49,891,319
Information Technology		395,296,194			—			—		395,296,194
Materials		5,383,470			—			—		5,383,470
Total Common Stocks	$	948,927,646		$	6,055,123	*	$	—	$	954,982,769
Short-Term Investments	$	—		$	1,306,981		$	—	$	1,306,981
Total Investments	$	948,927,646		$	7,362,104		$	—	$	956,289,750
Liability Description
Written Covered Call Options	$	(7,018,595	)	$	—		$	—	$	(7,018,595	)
Total	$	(7,018,595	)	$	—		$	—	$	(7,018,595	)

* 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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