Eaton Vance Enhanced Equity Income Fund II (EOS) NPORT-P Eaton Vance Enhanced Equity Income Fund II (Mar 2021 report)

Eaton Vance

Enhanced Equity Income Fund II

March 31, 2021

PORTFOLIO OF INVESTMENTS (Unaudited)

Common Stocks — 100.2%⁽¹⁾

Security	Shares		Value
Aerospace & Defense — 1.3%
Hexcel Corp.		147,137	$	8,239,672
Raytheon Technologies Corp.		79,715		6,159,578
			$	14,399,250
Auto Components — 0.9%
Aptiv PLC		69,279	$	9,553,574
			$	9,553,574
Automobiles — 1.3%
Tesla, Inc.(2)		21,122	$	14,108,017
			$	14,108,017
Banks — 1.1%
JPMorgan Chase & Co.		80,224	$	12,212,500
			$	12,212,500
Beverages — 2.0%
Coca-Cola Co. (The)		214,109	$	11,285,685
Constellation Brands, Inc., Class A		42,223		9,626,844
			$	20,912,529
Biotechnology — 3.5%
AbbVie, Inc.		209,295	$	22,649,905
Argenx SE ADR(2)		23,328		6,424,298
Vertex Pharmaceuticals, Inc.(2)		36,676		7,881,306
			$	36,955,509
Building Products — 0.9%
Trane Technologies PLC		56,633	$	9,376,160
			$	9,376,160
Capital Markets — 3.1%
Charles Schwab Corp. (The)		243,056	$	15,842,390
Goldman Sachs Group, Inc. (The)		52,988		17,327,076
			$	33,169,466
Commercial Services & Supplies — 0.6%
Waste Connections, Inc.		59,343	$	6,407,857
			$	6,407,857

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Security	Shares		Value
Electrical Equipment — 1.4%
AMETEK, Inc.		116,228	$	14,845,802
			$	14,845,802
Electronic Equipment, Instruments & Components — 2.3%
Zebra Technologies Corp., Class A(2)		51,437	$	24,956,204
			$	24,956,204
Entertainment — 2.7%
Netflix, Inc.(2)		32,064	$	16,726,506
Walt Disney Co. (The)(2)		68,709		12,678,185
			$	29,404,691
Food & Staples Retailing — 1.1%
Sysco Corp.		150,615	$	11,859,425
			$	11,859,425
Food Products — 1.5%
Lamb Weston Holdings, Inc.		82,560	$	6,396,749
Mondelez International, Inc., Class A		171,311		10,026,833
			$	16,423,582
Health Care Equipment & Supplies — 4.5%
Abbott Laboratories		74,813	$	8,965,590
Boston Scientific Corp.(2)		143,940		5,563,281
Haemonetics Corp.(2)		105,867		11,752,296
Inari Medical, Inc.(2)		30,855		3,301,485
Intuitive Surgical, Inc.(2)		19,340		14,291,099
Tandem Diabetes Care, Inc.(2)		53,892		4,755,969
			$	48,629,720
Health Care Providers & Services — 2.6%
UnitedHealth Group, Inc.		76,115	$	28,320,108
			$	28,320,108
Health Care Technology — 0.4%
Veeva Systems, Inc., Class A(2)		16,742	$	4,373,680
			$	4,373,680
Hotels, Restaurants & Leisure — 1.6%
Starbucks Corp.		160,611	$	17,549,964
			$	17,549,964
Interactive Media & Services — 10.3%
Alphabet, Inc., Class C(2)		32,153	$	66,512,661
Facebook, Inc., Class A(2)		117,108		34,491,819
Twitter, Inc.(2)		149,381		9,505,113
			$	110,509,593

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Security	Shares		Value
Internet & Direct Marketing Retail — 8.6%
Amazon.com, Inc.(2)		29,704	$	91,906,552
			$	91,906,552
IT Services — 9.2%
GoDaddy, Inc., Class A(2)		79,599	$	6,178,475
PayPal Holdings, Inc.(2)		173,979		42,249,060
Visa, Inc., Class A		238,921		50,586,743
			$	99,014,278
Life Sciences Tools & Services — 2.3%
10X Genomics, Inc., Class A(2)		60,825	$	11,009,325
Illumina, Inc.(2)		16,561		6,360,418
Thermo Fisher Scientific, Inc.		15,588		7,114,051
			$	24,483,794
Metals & Mining — 0.5%
BHP Group, Ltd. ADR		68,776	$	4,772,367
			$	4,772,367
Pharmaceuticals — 1.0%
Eli Lilly & Co.		54,694	$	10,217,933
			$	10,217,933
Road & Rail — 1.8%
CSX Corp.		104,588	$	10,084,375
Uber Technologies, Inc.(2)		176,578		9,625,267
			$	19,709,642
Semiconductors & Semiconductor Equipment — 7.5%
Intel Corp.		124,774	$	7,985,536
Micron Technology, Inc.(2)		293,859		25,921,302
QUALCOMM, Inc.		188,600		25,006,474
Texas Instruments, Inc.		115,404		21,810,202
			$	80,723,514
Software — 16.9%
Adobe, Inc.(2)		80,327	$	38,185,046
Intuit, Inc.		56,776		21,748,614
Microsoft Corp.		280,404		66,110,851
Palantir Technologies, Inc., Class A(2)		411,802		9,590,869
SailPoint Technologies Holdings, Inc.(2)		178,831		9,056,002
salesforce.com, inc.(2)		88,040		18,653,035
Zscaler, Inc.(2)		104,088		17,868,787
			$	181,213,204

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Security	Shares		Value
Specialty Retail — 3.1%
Home Depot, Inc. (The)		46,129	$	14,080,877
TJX Cos., Inc. (The)		185,707		12,284,518
Tractor Supply Co.		37,375		6,618,365
			$	32,983,760
Technology Hardware, Storage & Peripherals — 4.6%
Apple, Inc.		406,717	$	49,680,482
			$	49,680,482
Textiles, Apparel & Luxury Goods — 1.6%
NIKE, Inc., Class B		129,689	$	17,234,371
			$	17,234,371
Total Common Stocks (identified cost $493,621,423)			$	1,075,907,528
Short-Term Investments — 0.4%
Description	Units		Value
Eaton Vance Cash Reserves Fund, LLC, 0.10%(3)		3,466,860	$	3,466,860
Total Short-Term Investments (identified cost $3,466,860)			$	3,466,860
Total Investments — 100.6% (identified cost $497,088,283)			$	1,079,374,388
Total Written Covered Call Options — (0.5)% (premiums received $10,543,739)			$	(4,851,235	)
Other Assets, Less Liabilities — (0.1)%			$	(970,923	)
Net Assets — 100.0%			$	1,073,552,230

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 March 31, 2021 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 March 31, 2021.

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Written Covered Call Options — (0.5)%

Exchange-Traded Options — (0.5)%

Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Value
10X Genomics, Inc., Class A		300	$	5,430,000	$	230		4/16/21	$	(52,500	)
Abbott Laboratories		370		4,434,080		130		5/21/21		(33,670	)
AbbVie, Inc.		1,045		11,308,990		115		4/16/21		(16,197	)
Adobe, Inc.		400		19,014,800		510		5/21/21		(299,000	)
Alphabet, Inc., Class C		160		33,098,080		2,200		4/23/21		(151,200	)
Amazon.com, Inc.		145		44,864,160		3,400		5/21/21		(485,750	)
AMETEK, Inc.		580		7,408,340		130		4/16/21		(75,400	)
Apple, Inc.		2,030		24,796,450		135		4/16/21		(26,390	)
Aptiv PLC		345		4,757,550		160		5/21/21		(56,925	)
BHP Group, Ltd. ADR		340		2,359,260		83		4/16/21		(1,700	)
Boston Scientific Corp.		715		2,763,475		41		4/16/21		(7,507	)
Charles Schwab Corp. (The)		1,215		7,919,370		70		5/21/21		(153,698	)
Coca-Cola Co. (The)		1,070		5,639,970		53		4/16/21		(93,625	)
Constellation Brands, Inc., Class A		210		4,788,000		245		4/16/21		(21,525	)
CSX Corp.		520		5,013,840		100		4/16/21		(32,240	)
Eli Lilly & Co.		270		5,044,140		210		4/16/21		(4,995	)
Facebook, Inc., Class A		585		17,230,005		325		5/21/21		(315,900	)
GoDaddy, Inc., Class A		395		3,065,990		80		4/16/21		(47,400	)
Goldman Sachs Group, Inc. (The)		260		8,502,000		370		5/21/21		(70,460	)
Hexcel Corp.		735		4,116,000		60		4/16/21		(38,588	)
Home Depot, Inc. (The)		230		7,020,750		300		5/21/21		(303,025	)
Illumina, Inc.		80		3,072,480		550		4/1/21		(10,400	)
Intel Corp.		620		3,968,000		70		5/21/21		(67,580	)
Intuit, Inc.		280		10,725,680		440		4/16/21		(11,200	)
Intuitive Surgical, Inc.		95		7,019,930		820		4/16/21		(21,375	)
JPMorgan Chase & Co.		400		6,089,200		155		4/16/21		(94,400	)
Lamb Weston Holdings, Inc.		410		3,176,680		90		4/16/21		(5,125	)
Micron Technology, Inc.		1,465		12,922,765		105		5/21/21		(170,673	)
Microsoft Corp.		1,400		33,007,800		250		5/21/21		(493,500	)
Mondelez International, Inc., Class A		855		5,004,315		63		6/18/21		(49,590	)
Netflix, Inc.		160		8,346,560		625		4/16/21		(3,760	)
NIKE, Inc., Class B		650		8,637,850		155		6/18/21		(57,850	)
Palantir Technologies, Inc., Class A		2,055		4,786,095		30		5/7/21		(84,255	)
PayPal Holdings, Inc.		865		21,005,660		290		4/16/21		(20,327	)
QUALCOMM, Inc.		940		12,463,460		160		4/16/21		(6,110	)
Raytheon Technologies Corp.		395		3,052,165		80		4/16/21		(25,083	)
SailPoint Technologies Holdings, Inc.		705		3,570,120		65		4/16/21		(7,050	)
salesforce.com, inc.		440		9,322,280		240		4/16/21		(11,440	)
Starbucks Corp.		800		8,741,600		120		5/21/21		(75,200	)
Sysco Corp.		750		5,905,500		85		4/16/21		(13,125	)
Tandem Diabetes Care, Inc.		265		2,338,625		110		4/16/21		(8,612	)
Tesla, Inc.		60		4,007,580		1,000		4/16/21		(2,310	)
Texas Instruments, Inc.		575		10,866,925		195		4/16/21		(97,175	)

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Description	Number of Contracts		Notional Amount		Exercise Price		Expiration Date		Value
Thermo Fisher Scientific, Inc.		75	$	3,422,850	$	530		4/16/21	$	(3,750	)
TJX Cos., Inc. (The)		925		6,118,875		70		4/30/21		(61,050	)
Tractor Supply Co.		185		3,275,980		185		5/21/21		(86,950	)
Trane Technologies PLC		280		4,635,680		170		4/16/21		(54,600	)
Twitter, Inc.		750		4,772,250		80		4/16/21		(6,375	)
Uber Technologies, Inc.		880		4,796,880		70		4/16/21		(3,960	)
UnitedHealth Group, Inc.		380		14,138,660		390		6/18/21		(340,100	)
Veeva Systems, Inc., Class A		80		2,089,920		280		4/16/21		(15,400	)
Vertex Pharmaceuticals, Inc.		180		3,868,020		250		5/21/21		(66,600	)
Visa, Inc., Class A		1,190		25,195,870		235		5/21/21		(151,725	)
Walt Disney Co. (The)		340		6,273,680		210		4/16/21		(11,560	)
Waste Connections, Inc.		280		3,023,440		110		6/18/21		(73,500	)
Zebra Technologies Corp., Class A		255		12,372,090		520		5/21/21		(328,950	)
Zscaler, Inc.		520		8,926,840		300		4/16/21		(22,880	)
Total									$	(4,851,235	)

Abbreviations:

ADR - American Depositary Receipt

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At March 31, 2021, 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.

At March 31, 2021, the value of the Fund’s investment in affiliated funds was $3,466,860, which represents 0.4% of the Fund’s net assets. Transactions in affiliated funds by the Fund for the fiscal year to date ended March 31, 2021 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	$	152,824	$	33,701,302	$	(30,387,266	)	$	—	$	—	$	3,466,860	$	755		3,466,860

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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At March 31, 2021, 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	$	1,075,907,528	*	$	—	$	—	$	1,075,907,528
Short-Term Investments		—			3,466,860		—		3,466,860
Total Investments	$	1,075,907,528		$	3,466,860	$	—	$	1,079,374,388
Liability Description
Written Covered Call Options	$	(4,851,235	)	$	—	$	—	$	(4,851,235	)
Total	$	(4,851,235	)	$	—	$	—	$	(4,851,235	)

* The level classification by major category of investments is the same as the category presentation in the Portfolio of Investments.

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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